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Wednesday, 13 December 2023

RBI Revision of Family pensions Bank's circular

Subject:Revision of Family pensions Banks circular

R.B.KISHORE,PATRON,AIRIEF
ED(Retd),LIC,PROBUS LIFE MEMBER,
044-28155810 / 098403 40591


__VISIT   airiefvision.wordpress.com______


----- Forwarded Message -----
From: Laxman Parab <lrparab@hotmail.com>

Dear friends
Kindly find attached circulars of the Bank on revision of family pension 
and other aspects of the family pension for which AIRBREA had appealed 
our successive Governors, FMs, bureaucrats of MoF and the Bank's 
Administration. This was being done along with issue of revision of pension.
We also sincerely thank the forum of incumbents organisations who stood 
behind us at various stages. 
We may also quote here the Bank's DO dt.17th July 1990 addressed to MoF 
wherein the then DG. Shri A. Ghosh made it clear that RBI Pension Regulations 
closely follow in principle as well as in substance Central Govt pension Regulations 
except to the extent dissimilarities exist in service conditions of RBI employees  
This being the background, our AIRBREA has always brought to the notice of the Bank
various developments in GOI on account of recommendations of the successive 
Central Pay Commissions. The CPC recommendations are mainly based on the 
Constitutional Provisions and Supreme Court judgments in the matter of pension. 
We are therefore, fully aware that  AIRBREA need not be complacent at this stage
but to struggle for true justice to our RBI community.
Here in the matter of revision of Family Pension now revision is there doing away 
severe injustice to them. We are happy that there would be smile on the faces of
Family Pensioners. 
We are thankful to the Governor for doing away severe injustice to our family pensioners.
We assure you further that no stone would be left unturned in pension matters of 
RBI community. 
With warm greetings.

Parab LR
GS, AIRBREA
12/12/2023

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