Good News regarding Bank Pension

Good News – 1

Unconfirmed reports suggest that the Central Government this time wants to approve ‘Pension Updation’ in Public Sector Banks by themselves on the lines of ‘OROP’ and not due to the demands of or pressure given by Bank Unions, especially UFBU.

Probably it is the reason the government has delinked Pension from the 11th Bipartite talks.

The government wants it to be given as a 'Special Gift to Senior Citizens' from the government, on the eve of Diwali festival.

As a first step, the government intends to remove UFBU from the scene.

Let our pensioners stay positive. Some silver-lining is seen now.

All the struggle, representations, appeals and prayers made by the Bank Pensioners at various levels have finally borne fruit.