IBA..................... AIBEA AIBOA FROM FACEBOOK FW ERI BOI

IBA....
It is reliably learnt that IBA is collecting data on
1)additional cost burden on 100%DA,
2)Family Pension at the uniform rate of 30%,
3)and Individual's data of all pensioners and Family Pensioners wih details of DoB, DoD, Date of Retirement, Basic pension, DR,etc, and also called for number of CRS-Retirees- denied pension and details on Resignees with 20+ years of service.
Let us hope the intention behind collecting these data is to enable the Actuaries to estimate the Updation cost!
Some Retirees Unions have given the available data to their Banks with a view to quickening the Process!
Let us hope all Banks sincerely do this exercise to enable IBA to initiate further steps!

 

Regards, E.R.Iyer