The Mathrubhoomi
Kerala's leading Newspaper gave startling facts about Pension Fund of Bank employees.
Banks are Swallowing Pension Fund
The corpus Fund of pensioners amounting to Rs.2,40,000 Crores the interest earned on which is sufficient to pay the pension and Revised pension too, even if it is doubled.
The Punjab National Bank is said to have transfered about Rs.2000 crores from this fund to its P n L a/c some time back
And again The Oriental Bank of Commerce has taken Rs.3445 crores for undisclosed purpose.
In the light of above facts and also in view of FM's interview wherein she agreed to look into Pension Revision which is pending since over 2 decades...the Ministry concerned should take up this issue before " Our Pension Fund " vanishes in thin air.
God save the Bank Pensioners
God save Bank pensioners Corpus Fund.
Everything banking News only published this article from face book https://m.facebook.com/story.php?story_fbid=5327405827284882&id=100000465533864
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