BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Wednesday, February 17, 2021

PARITY OF PENSION TO RETIRED FAMILY PENSIONERS OF PUBLIC SECTOR BANKS

PARITY OF PENSION TO RETIRED FAMILY PENSIONERS OF PUBLIC SECTOR BANKS.
--------------------------------------------------------------------

shown in the chart below, is the reason why the Pension of retirees of Public Sector Banks be reviewed and paid in accordance with corresponding revised scales for the rank they once belonged to at the time of their retirement.

From the chart below, it is clear that those who have retired from the services of the Bank prior to November 1992, the spouse, who is family pension holder in such cases, if alive, are getting a meagre amount of Rs.1250/- per month, i.e. near about Rs.42 per day, with which he or she, could not afford even two cups of tea per day.

Not much difference in the cases of post November '92 pensioners and family pensioners.

Interestingly, such pension amount is not to be given curtailing part of Banks revenue or income, but from his own PF kitty, which retired bankers handed over to employer for repayment at subsequent monthly intervals, and that to for his living. 

I hope, learned members,  would like to throw light on the subject.





No comments:

Home Loan Outstanding Hits Record High of Rs 27.23 Lakh Crore

According to data from the Reserve Bank of India (RBI) on ‘Sectoral Deployment of Bank Credit’,  outstanding credit in the housing sector in...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">