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    • JOIN THE STRUGGLE FOR DE-LINKING 33 YEARS FOR 50% OF LAST DRAWN SALARY & PENSION UPDATION ALONG WITH EVERY REVISION OF SALARY FOR EMPLOYEES

    Sunday, 22 October 2017

    BANK UNIONS CHARTER INCLUDES FULL PENSION

    Pension related issues:
    • NPS to be withdrawn and all new employees from 1-4-2010 covered by NPS to be covered by old scheme under Pension Regulation 1995.
    • Permanent Part-time employees on Consolidated Wages prior to 1.5.2010 and made 1/3rd wage from 1-5-2010 should be covered by Pension Regulations.
    • Periodical Pension updation along with wage revision of service employees
    • Basic pension of all existing pensioners to be updated at the same index level like Basic Pay of service employees viz July-Sept.2017 average.
    • DA on pension to be on monthly basis.
    • Extending 2nd option facility to employees who resigned between 1995 and 27.4.2010.
    • Qualifying service for full pension should be 20 years like in Govt/RBI;
    • Average of 10 months or last drawn ‘Pay’, ‘whichever is higher’ should be considered for calculation of basic pension.
    • Service rendered in Defence, if not counted for Defence pension should be added in bank service for payment of pension.
    • Additional pension should be given after completion of 80 years of age.

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