UFBU, AIBRF and NCBE have solicited the intervention of DFS, MoF

UFBU, AIBRF and NCBE have solicited the intervention of DFS, MoF to get "the Bank Pensioners upto 11th BPS" the 12th BPS DA Rate i.e. Upgradation of the Basic Pension of all the Pensioners (upto 11th BPS) to the level of 8088 CPI  Points Base Year 1960 (i.e. 123.03 CPI Points Base Year 2016) and payment of DA @ 12th BPS Rate i.e. @ 0.01% on the Upgraded Basic Pension for a rise of every 0.01 Point beyond 123.03 Points.

*This simple process does not involve much cost.*  

Another good effect of Upgradation is that it will obviate the necessity of declaring 7 different DA percentages (a different DA percentage for each BPS from 5th BPS to 11th BPS). *Just a single DA percentage i.e. the 12th BPS DA percentage for all the Pensioners (at par with the DA percentage of Working Staff) is the Equity.*

As for Updation (which involves much cost due to the concept of loading  10% per BPS in the Basic Pension), the issue can be resolved in due course (before 12th BPS expires in Oct 2027 or when 13th BPS is signed probably in  the year 2028). 

Com CHV, the pragmatic leader has already articulated openly that "an ideal  loading @ 10% per BPS as per RBI Pattern may be prohibitive and hence a modified RBI Pattern may be devised so as to ensure a decent loading @ a lesser percentage per BPS." (Bcoz, it makes no sense to  keep the Demand unrealised for 3-4 decades together. A decent 'Something'  is better than a humiliating  'Zero'. Especially, when the time is running out fast for the senior and super senior Pensioners....)