Revision of Pension & Family Pension –

OFFICE : C/o. L. R. Parab, Reserve Villa, R. H. Plot No. 86, Sector 2, Koparkhairane, Navi Mumbai 400 709. Tel.: 022 2754 5423, Cell: 98690 21624, E-mail: lrparab@hotmail.com

2nd Feb. 2026

To Office-Bearers of AIRBREA, Secretary, Units of AIRBREA,

Dear Sir,

Re: Revision of Pension & Family Pension –

With humility, we state that we are proud and happy to inform you that our quiet persuasion has now yielded fruit in the form of the revision of pension and family pension effective from the 1st November 2022, which has been solely possible because of our Hon'ble Governor's kind and effective intervention with the considerate response of the Hon'ble Finance Minister, Madam Nirmala Sitharamanji, on the issue of revision of pension and family pension with retrospective effect of wage settlements from Nov. 2022, in the Bank.

We also express our sincere thanks to the Bank's Officials who have worked hard with their positive approach towards pensioners and family pensioners as also recognized organisations with their wholehearted organizational support throughout the long drawn struggle.

Our Saga of struggle since 2018 to date has been given in details in the attached Note 'Saga of Struggle' for information of pensioners and Family Pensioners as also to our critics. We wish that everybody go through the note and understand the magnitudes of work rendered by AIRBREA and our approach based on constitutional provisions and the Supreme Courts Judgments in the matter of pension. It has been a long and arduous journey to fulfill the aspirations of our retirees. We did not distract from our right path although a few vested interests with prejudices were out to criticize us.

We are now extremely pleased to know of the revision of pension and family pension of the retirees vide Bank's Circular dated 28th January 2026 and with effect from 1st November 2022. We have attached herewith Statements of Arrears from Nov. 2022 to Jan.2026 and monthly increase in pension from February 2026. On our request these statements are prepared by our veteran Shri Shrikrishna Purohit, Pune.

We may please state here that all issues of pension are not yet over and we have to further struggle with determination in the days to come. Hope that all of you show perfect unity and stand by AIRBREA to resolve remaining issues of pension.

With warm greetings

Yours sincerely,

(Parab L. R.) General Secretary Encls. 2. Statements of Pension

1. Note on Saga of Struggle for

Revision of Pension & Family Pension Pension & Family Pension