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Medical Assistance Enhanced to Pre-January 1,1986 RBI retirees or their family members

21 May

Bank has  enhanced the quantum of Medical Assistance  being paid to pre-January 1, 1986 retirees or their family members who are drawing family ex-gratia or ex-gratia relief as under:


Class / Grade at the time of retirement /death while in service Medical Assistance
Class IV Rs. 9050/-


Class III RS.10,100/-
Officer in Grade A,B,C Rs.11,700/-
Officer Grade D & E Rs.13,300/-
Officer Grade F & Executive Director Rs.14,900/-

The enhanced assistance is effective from 1st May, 2018


GMP For OPD to RBI Pensioners 70+; TPA cards for spouse and related issues

18 Apr

Subsequent to  our post dated 13th February 2018, regarding issue of  spouse cards, RBREA Chandigarh  have now raised urgent issues about the implementation of the scheme. In their letter dated 12th April,2018 they  have requested the Bank to revisit the scheme.

Some of the issues, among others,  that have been addressed to the Bank are:

  1. The scheme should have been extended to all retirees.
  2. The work should have been entrusted to the local Medical sections, instead of outsourcing the job to the TPAs at exorbitant premiums to Insurance company and brokers, whose strategy of dilatory tactics  regarding settlement of claims is widespread and insensitivity towards the suffering claimants is extensive.
  3. Central office is required to monitor the large scale pendency of claims with TPAs. Bank must  introduce a system wherein reasons for delay/pendency maybe  called for, say MIS (Monthly Information Statment)  showing the details and reasons for pendency.
  4. A very large number of claims pertaining to spouses are lying pending with TPAs  since January 18 .This is despite the fact that an assurance was given by the TPAs and the bank  that Claims regrading spouse will be  reimbursed even if cards to spouse has not been issued, on the basis of the existing data of pensioner  and spouse available with bank.
  5. As already stated in our earlier post, TPAs have informed that unless data about the spouse is not provided to  them by Central office, they will keep the reimbursement of such claims pending with them, as  the condition of lodging the claim is within 60 days of the treatment.
    This practice of acknowledging the claims and keeping them pending  makes no valid sense to us. Rather,  this practice disregards the  spirit of the scheme and  also breaches  the provisions of the scheme wherein the claims once acknowledged are required to be reimbursed within 15 -20 days irrespective of the fact that whether the claims belong to pensioners or their  spouse. Data issues can be looked into and sorted subsequently and corresponding data entries in the records made afterwards.
  6. As per sources, Central office may take another month  to provide the data to the insurance company who are required to transfer the data further to TPAs concerned.

Delay of about four months in providing the data that is already available with offices and has since been transferred to Central office  does not speak well of the functioning  in the Bank. Die hard advocates of the bank  who prefer to  overlook inordinate delays in almost all matters pertaining  to retirees  and shower praises on  the Bank for bringing the scheme on its own, must also consider that a suffering claimant’s account needs  reimbursement that in many cases runs in thousands. Of what use the praise of the bank is to him?

Eulogies may be kept pending for other issues, such as pension update and opening of pension option, where the bank could have acted on its own under the law but is evasive.

A letter in this regard is being  faxed to the Governor.

Dispensary facilities under MAF scheme-system improvements.

14 Apr
 RBI New Delhi OERS Optees and Pensioners Welfare Association by their  letter dated 31st December 17 to the Governor, RBI   had requested the bank  to evolve a system wherein the old and sick, feeble and incapacitated retirees are issued medicines without visiting the dispensary.
New Delhi OERS optees Association has, now, received a reply dated 13th April 2018 from Bank that states:
  1. the matter has been carefully  considered but it is  not possible to accept it in the current  circumstances.
  2. However, the matter  will be reconsidered at the time of re-organizing  the existing  dispensary module.

We, therefore, request UFRBO&E and all other RBI retirees’ organisations that negotiate with the Bank regarding  system improvements in medical  facilities to retirees to  take a note of the bank’s letter dated 13th April, 2018.

They may also  note to follow up with the Bank about  the issues raised  at the appropriate time and level so that  the medicines are delivered to ailing  retirees without visiting the dispensary as explained in  letter  dated 31st December 17 .






3 Mar

Reproduced below is the Press Release issued by ‘RBI New Delhi OERS Pensioners Welfare Association’ to  support DHARNA to be held at all RBI Offices  on 6th March 2018 at the call of UNITED FORUM OF RESERVE BANK OFFICERS AND EMPLOYEES (UFRBO&E). This protest action is  against the  consistently obstructive attitude embraced by  M/O Finance in matters of Pension updation and opening of one time pension option. These demands have been kept  in cold storage for the last 15 years by the bureaucracy  despite their approval from  RBI Central Board.
Government is also  ignoring  the recommendation of 20th Report by committee on subordinate legislation about the Pension Regulations, 1990.
We, therefore,  urge upon all the member retirees throughout the country to actively participate in Dharna on 6th March, 18 at respective offices.

Press Release:


C-12/548 YAMUNA VIHAR DELHI-110053

President                                                    General Secretary
V.K. Wadhawan                                           Danesh Kumar

Mob: 9899460500                                        Mob: 9871282700


The Chief News Editor /Reporter,


New Delhi.

Dear Sir,

 We request you to please to circulate / publish / transmit/ broadcast through your esteemed news agency the Press Statement issued by V.K. Wadhawan, President, RBI New Delhi (OERS) Pensioners Association .

Yours Sincerely,

General Secretary



   “We call upon all our member retirees  throughout the Country to actively and enthusiastically participate in DHARNA to be held at RBI offices  on 06.03.2018 to SUPPORT the  programme announced by the UNITED FORUM OF RESERVE BANK OFFICERS AND EMPLOYEES (UFRBO&E) to demand of the Bank and Government of India to revise the pension of retired officers and employees at par with the employees working in Government bodies who get their pension revised along with every revision of pay and services of existing employees from time to time.
The Government of India is blocking the measure on solely untenable grounds ignoring the basic fact that the Government employees get the pension out of the money paid as taxes by the Countrymen including bank employees whereas the RBI employees get pension out of the funds contributed by them only- RBI Pension corpus that has surplus balances to meet the increased pension load.
 It is now more than fifteen years that the RBI Employees demanded updation but the justified measures decided and approved  by the RBI Central Board have  been consistently BLOCKED BY the bureaucracy in Ministry of Finance on hyper technical grounds.
The Government is even brazenly overlooking the recent recommendations of ‘ 20TH REPORT by COMMITTEE ON SUBORDINATE LEGISLATION (2016-17) ABOUT THE RBI PENSION REGULATIONS 1990, PRESENTED TO LOK SABHA ON 10-8-17.’

In the report the committee unanimously says “WE find the autonomy and independence of the institution as imperative and integral part of any Central Bank of a Nation which in opinion of the Committee should not be compromised at any cost, especially, in matters relating to the service conditions of the employees viz recruitment, pay, pensions, etc.

Our Association therefore demand that the Government of India stop interfering in the internal functioning of Reserve Bank of India through its Ministry of Finance to make RBI as effective as it was in the past.  We also demand of the Government to implement in letter and spirit the 20th Report of the Parliamentary Sub-Committee.””


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