2nd option of Pension to Compulsorily Retired Bank Employees

Dear friends,

Look how steadily, one by one,with great diversity of many many banks under IBAUmbrella, bank pensioners are able to score ,especially in the last few years ,many scintillating victories, & this one proves, how AIBRF has been able to break new ground & secured --

addition to service years to qualify for full pension for those skilled categories entering service at later ages,

2nd pension option to the compulsorily retired employees after good deal of dialogues,

discussions,breaking the barriers,& now being implemented through IBA Circular,AIBRF Proud commitment to the cause of bank pensioners ,

expecting soon even the full 100% DR for pensioners earlier deprived

The point to be noted is ,even with large numbers of pensioners of various banks, yet under common aegis, sinking differences, under the banner of UFBU, though big controversies existed, they are able to wrest concessions & benefits,

thus even with combined might of Employees & Pensioners, a Brave New World has dawned,much to the satisfaction of all pensioners, when grievances are resolved thro Consistent, Regular Followup, which Insurance pensioners can draw lessons to beat

the resistance & delay barriers thro Methodical statistics,able presentation & getting positive acceptance & final approval from IBA

Such Record of talks & negotiations compel the Management to fix deadlines for resolution of grievances ,leading to speedier settlement, all because Bank Employees fully support Pensioners issues & endeavours to resolve with full might.

So, they say PU & Family pension issues alone may remain to be pursued vigorously

Greetings 

RBKISHORE

VP,,AIRIEF