Bank pensioners really feel betrayed, write to Prime Minister

Rohtak, August 25

Resentment prevails among the many pensioners of assorted nationalised banks as their long-standing woes haven’t been addressed within the MoU signed between the United Forum of Bank Unions and the Indian Banks Association not too long ago.

Feeling betrayed, they’ve now written to the Prime Minister, urging him to intervene and get their issues addressed.

The associations of retired financial institution officers, which signify almost 6 lakh pensioners, have urged the Prime Minister to satisfy their long-pending calls for, together with updating pension, which has been hanging fireplace since 1987.

“This, despite the fact that Rs 3 lakh crore is available in the pension fund accounts of banks,” the letter states.

Their different calls for embrace merger of particular allowance in primary pay for pension, elimination of anomalies in calculation/fee of gratuity and DA, provision of medical medical health insurance from welfare funds, grant of LTC and waiving GST on medical insurance coverage and earnings tax on depart encashment.

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