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Thursday 26 November 2015

Bank pensioners to stage dharna FROM HINDU HYDERABAD DT 25 /11 FW ERI BOI

Bank pensioners will stage a dharna on December 11 in New Delhi in support of demands for better pension and recognition on a par with government retirees.
Alleging that they are being discriminated against, as their pension unlike that of government employees is not getting updated with the change in wages, leaders of bodies representing the 8-lakh bank pensioners highlighted the need for revision of pension at frequent intervals.
Secretary-AP and Telangana of All India Bank Pensioners and Retirees Confederation A.V.V. Raghava Rao said though a provision for revision in their pension was available it was not being implemented. Union Finance Ministry, he added, should direct Indian Banks’ Association to revise the pension. He was addressing media persons along with general secretary of Federation of SBI Pensioners Associations, A.Ramesh Babu, here on Tuesday. While basic pension of other pensioners is revised with every PRC Pay Revision Commission, there is no change in that for bank pensioners. Family pensioners in other categories are paid 50 per cent of their deceased spouse’s basic pension, where in the case of bankers this is limited to 15 per cent. “When all pensioners’ DA is neutralised to 100 per cent of CPI, it is only 50 per cent for bank pensioners,” a joint statement said.
 
Regards, E.R.Iyer