Family Pension

                                               ALL INDIA BANK RETIREES' FEDERATION (REGD.)

                       D/1/ Sector C Scheme No. 71 Indore 452009

            E-Mail ID sharbat_123@rediffmail.com Mobile: 8966019488                                                                                  

                 SILVER JUBILEE YEAR (1994-2019)                                                                 

 

Ref. 2020/424                                                                                24.07. 2020

 

Shri S.K. Bandlish

Convener, United Forum of Bank Unions

CHANDIGARGH

 

Dear Comrade,

                               Re: Sanction of Improvement in Family Pension

We are extremely happy to note from UFBU communication issued after signing of MOU on 11^th Bipartite Settlement that IBA Chairman announced in meeting  for in principle approval for increase in family pension at 30 per cent from the present 15 per cent without any celling. 

 

2. This was very important and long pending demand of bank retirees. It will benefit more than 72,000 family pensioners; more than 95 per cent of them are female. The present level of family pension is very paltry and low.  With this quantum of pension it was increasing becoming difficult for them  to meet expenses of basic necessities. Now , with  this increase, they will be able to lead the life with dignity and respect  and will provide them financial security.

 

3. This important demand of retiree could be achieved because of the active support extended by UFBU and its constituents and raising the issue in meetings of negotiating committees from time to time. AIBRF ,its 44 affiliates and more than 2.5 lakh members express their profound thanks  to you and leaders of UFBU constituents for achieving this long pending and important demands of retirees. UFBU has done great service to the family pensioners for which we all will remain grateful to you.

 

4. We are confident that other pending issues  of retirees will also be resolved and achieved while working details of the settlement.

 

                                                           With Revolutionary Greetings,

                             

                                                                      Yours Sincerely,

                                                                                                               (S.C.JAIN)

                                                                GENERAL SECRETARY

 

c.c. General Secretaries of All Constituents of UFBU

 

We convey very special thanks to all of you for extending their support in achieving this demand of retirees. We are sure similar support will be coming in resolution of other pending issues of retirees.

           

RB Kishore,

PATRON,AIRIEF,

ED(Retd),LIC

Life Member,Probus Club

044-2815 5810 & 098 4034 0591.

www.airiefvision.wordpress.com

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