About Pension Updation

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BABUS DENY PENSION UPDATION IN RBI-CHARMING THE SNAKES!

1. More than 40 lakhs Pensioners in Central Govt. get their Pensions regularly updated on every revision of Pay Scales, latest being 6th Pay commission.

2. All State Governments in India, most of whom survive bankruptcy because of financial doles from RBI and Govt. of India have updated pension of lakhs of their employees on every pay revision.

3. Pension is regularly updated in almost all the loss making PSUs of Government of India.

4. And. then why the updation of Pension to handful of RBI pensioners is being denied by the Babus in M/o finance on hyper technical legalities ?

The old RBI Building in Mumbai

The old RBI Building in Mumbai (Photo credit: Wikipedia)

And, when RBI maintains its own Pension fund in billions for the pensioners!

Why the Babus have encircled, like
hissing snakes, the helpless RBI pensioners many of whom have died waiting updation due to the bites inflicted by Babus ? !

 

 

 

 

 

5. Will the New RBI Governor IMF Economic Counselor and Research Department...Raghuram
Rajan be able to charm these snakes and push them to their pit !

Wisdom lies not in predicting the fault lines. but in fixing the evident fault lines created and imposed by sadistic men in the system.

9 Responses to “About Pension Updation”

  1. Vijay Kumar Sachdev June 27, 2013 at 12:31 pm #

    It is suggested to ask for one rank one pension, for example all Asstt. Managers with 25 yrs of service should get the same pension irrespective of his date of retirement.

    Like this

    • Sunil Kumar September 26, 2013 at 3:51 pm #

      Being central Bank of India it must be one rank on pension to all members of retired staff. Reserve Bank is maintaining their own pension fund. Question does not arise to ask the Central Government to act upon this matter. Only Central Board can approve on this matter.

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      • wdtom September 30, 2013 at 9:35 am #

        central board’s resolution approving pension updation is kept in limbo by central govt.

        Like this

    • Capt. C B Gupta September 28, 2013 at 4:10 pm #

      Pension Updation is in the hands of FM. But Medical Facility is in the hands of RBI. Why can’t RBI allow full CASHLESS TREATMENT FACILITY WITHOUT ANY CEILING in Single Private Room Category to Officers and Semi- Private Category entitlement to workmen. Why to blame others. Things which you can do ; DON’T want to do. Will RBI HRMD do it in a month? ……..

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  2. premsunderdas September 28, 2013 at 4:04 am #

    Central Govt. has now appointed 7th Pay commission which will bestow the benefit of updation to Central Govt. staff and RBI pensioners will be left behind. Can the RBI pensioners Assn. not approach the court. Further Central Govt. has raised DA from 89 to 90%. Will RBI pensioners be extended similar benefit.

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  3. k.sriharinarayana,hyderabad September 29, 2013 at 6:58 pm #

    it is a legitimate demand.when everywher procedure is followed why not in banks?
    shame,even 7th pay commission which is due in 2016 is already accepted and members are to be announced
    i do not know why chidu is i hurry to give sops to all except bankers. are we poor in rising our voice,banking industry
    is key industry and backbone for economy ,but why? why / partisan attitude. the departed souls are seeing from heavens
    about injustice done to their families.friends ARISE<AWAKE ACT sriharinarayanaaa
    ksh_narayana@yahoo.co.in

    Like this

  4. Vijay Kumar Sachdev October 21, 2013 at 1:43 pm #

    As the pension updation is taking time,but as our settlement is due, we,(The retired employees) may demand for 50% of all the perks which are given to the serving employees of RBI.

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    • premsunderdasp December 19, 2013 at 4:37 am #

      yes. Also the Govt should allow revision of pension by DR merger

      Like this

  5. RAJESH D JOSHI January 4, 2014 at 1:15 pm #

    RESPECTED FINANCE MINISTER IT IS YOUR STATEMENT THAT BANKS HAVE SHOWN REMARKABLE PROGRESS IN PAST 10 YEARS,IT ALSO MEANS BANKS HAVE OBEYED EVERY DIRECTIVES/INSTRUCTIONS GIVEN BY GOVERNMENT AND SURELY THE GOVERNMENTS CONTENTS WERE FOR MASS PUBLIC/COUNTRY”S INTEREST : THE ATTITUDE OF GOVERNMENT,REGARDING BANK PENSIONERS PENSION-UPGRADATION IS THAT,THE GOVERNMENT WILL BEAT BANKS/BANK EMPLOYEES LIKE HER (GOVT.”S) WISH BUT WILL ALSO LIKE FROM BANK EMPLOYEES NO CRY/DEMANDS BE MADE FOR THEIR SACRIFICES,SERVICES RENDERED BY THEM FOR BUILDING THE NATION STRONG. FINANCE MINISTER SIR IS INDIA A DEMOCRATIC COUNTRY ?HENCE” WHERE TWO DIFFERENT FACILITIES ARE ALLOWED TO SAME TYPE/CASTE(PENSIONER)
    OF CITIZENS.
    RESPECTED FM SIR IT IS A VERY HUMBLE REQUEST KINDLY GO THROUGH THE PENSION FORMULA SIGNED BETWEEN IBA AND BANK UNIONS( IN OCT. 1993),WHICH WAS MOSTLY ON THE LINE OF CENTRAL GOVTS EMPLOYEE”S PENSION FORMULA, SO PLEASE INTERVENE INTO THE MATTER,AND INSTRUCT THE IBA SUITABLY, BECAUSE THE 10TH WAGE REVISION TALKS BETWEEN IBA AND BANK UNIONS IS IN PROGRESS AND THIS TI PENSION-UP GRADATION IS ALSO IN CHARTER OF DEMAND,,. RAJESH D JOSHI,DHAR(MP)

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