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What's New

bipartite wage settlement with class III  view 
class IV settlement view

Officers revision of salary ... View AC7

Instrucions for calculation of Arrears for employees and retirees (who retired after 1.11.2012)

OERS OPTEES EX-GRATIA CASE  AT KOLKATA HIGH COURT- JUDGMENT

Latest Developments
Circulars and messages issued by leaders of all associations, indicate that the wage negotiations are progressing towards finality and the new wage agreements  may be signed during this month, i.e. March 16. It is also  reported  that the Bank is pursuing the pension issue with Govt. under the guidance of governor.view circular

LATEST ABOUT PENSION UPDATION-Silent protest at RBI New Delhi
on 22-3-15--(vew video)/details
United Forum meets governor again 0n 10.12.14
UNITED FORUM MEETS GOVERNOR
READ MORE
CHARMING THE GOVERNOR-ON 10.12.2014 AT KOLKATA, GOVERNOR GIVEN BEAUTIFUL FLOWER BOUQUET AND TWO TINS OF KOLKATA ROSSOGOLLA WHILE SEEKING ADVICE ABOUT PENSION UPDATION !FOR RESULT- VIEW/DOWNLOAD FULL DETAILS.
Developments on 12th December13-KEEP PATIENCE- Governor advises UFRBOE-download circular and appeal  dated 12/12/13 to the Central Board.
Various Associations Representatives at Mumbai called on Governor, Dr Raghuram Rajan on 6th."Issue of Pension updation 
is important agenda on his mind since it was discussed in the last Board meeting." , he is reported to have said.

Extracts of letter dated 12-9-13 about pension updation to governor -download
GOVERNOR ASSURES UF TO MEET FM-Circular
UNITED FORUM VS SH. R. TAKRU, SECRETARY(FINANCIAL SERVICES) M/O FINANCE-DOWNLOAD DEVELOPMENTS

Silent Morcha-Chennai-Memorandum to Directors by United Forum
UF submits data to Sh. R. Takru-detailed data
forwarding letter dt 25.6.13
FAMILY PENSION increased to 30% from earlier 15%-,minimum 3500 & max 24495:LATEST FORMULA-CONSOLIDATION AT 2836 SLABS.DR 80.25%-Method of Calculation as per Annexures-for full details
Download 
effective date 12-01-2013- Revision - long awaited relief for the family pensioners.increase  upto 140% .
A New Year Prayer to Governor on behalf Pensioners
Kishore Chakraborty President ALL INDIA RBI OERS PENSIONERS’ FORUM prays to the Governor, a lumpsum amount, albeit, graded, in the form of medical assistance to all general pensioners as an interim package till the Updation of Pension is finally settled and cleared by the Ministry of Finance, Government of India.view/download

ordinary rate of family pension and minimum/ maximum amount of Family Pension
Reserve Bank forwards to GOI 'RBI Pension Regulations, 1990 – Amendments'-for publishing the same in the Gazette of India.Amendments come into force from the date of publication in the official gazette.
-AC circular 6 & 7 in this regard may be
downloaded here.
 Latest about Pre 1997 retirees -pension updation-Bombay High Court;
"...no useful purpose will be served if Respondent No. 1(RBI) hears the Petitioners before initiating the action on its part for withdrawing the Circular dated September 1, 2003."
view extracts- Affidavit by RBI-WP 2403 of 2009-Next date of hearing:Consequent upon change in Coram i,e. change of justices hearing the case, the date of next hearing which was earlier slated for 29th Oct,12 is likely to be changed and is not known so far
regular final hearing w.e.f. 10-8-2012 .case details-DOWNLOAD/VIEW
Orders /Judgments Passed Lodging No. :- WP/2398/2009 & Reg. No. :- WP/2403/2009
Latest about Family Pension Updation:view/download Improvements at a glance


United Forum reports that Govt. clears family pension, reduced service eligibility for full pension.WITHOLDS Pension updation, & fresh option.Download copy of circular dated 5th July 2012 United Forum apprehensive about the fate of the updation-seeks meeting with the Governor before 5th July 12-Download copy of letter dated 18-6-2012 to the Governor. 

It is learnt that the matter is being pursued with the M/o finance at appropriate levelby the Bank,the final outcome of which may be known soon.

All India Reserve Bank OERS Pensioners Forum appeals to the Top Management and Central Board of the Bank to exepedite sanction to the demand of periodic updation of Pension which is long outstanding.
Mr. Kishore Chakraborty, the president of AIRBIOPF. writes to the FM.full Text of letter

Sanction of this just demand, no doubt, is long awaited and not only will bring a sense of relief to the retirees who are constantly fighting the erosion of intrinsic value of the pension but also enhance the image of the RBI as a Model employer-AIRBIOPF

Letter to FM by Gen.Secretary,AIRBIOPF, reg. updation of Pension.

 

 

 

 

 

 

 

 PENSION UPDATION- MR. TAKRU REPLIED TO THROUGH EXEC.DIRECTOR ON 25TH JUNE 13.
UNITED FORUM & RETIRED EMPLOYEES HOLD A SILENT MORCHA BEFORE THE CENTRAL BOARD MEMBERS ON 8th Aug 2013 AT C.O.-UF CIRCULAR DOWNLOAD