100^ DA Netralization of Bank Pensioners

To

All members of the GC of AIBPARC:

Friends,

It is a pleasure to convey that the issue of 100%DA neutralization to Pre-November,2002 retirees has been cleared by GOI. IBA is expected to issue guidelines soon.we expect that the Pre-- November 2002 Retirees would get the benefit from October 23.

Our detailed circular follows.

With best wishes and regards,

Comradely yours,

K V.Acharya

President,AIBPARC & Joint Convenor CBPRO

Suprita Sarkar

General Secretary, AIBPARC