Members may kindly note to communicate with the RBREA secretary by email rbiretireestvm@gmail.com or with the blogger via comments option (available on the blog below each post) for any queries and suggestions. Thanks.
Thursday, February 14, 2013
Tuesday, February 12, 2013
GOOD NEWS AGAIN
DEARNESS RELIEF
The rates of Dearness Relief in respect of pensioners who retired before November 01, 2007, and of family pensioners are as below:
Pension/Family Pension Rates for February to July 2013
Pay scale w.e.f. 01.11.2002 120.96% (CPI = 2288)
Pay scale w.e.f. 01.11.1997 197.52% (CPI = 1684)
Pay scale w.e.f. 01.11.1992 334.95% (CPI = 1148)
Pay scale w.e.f. 01.11.1987 732.98% (CPI = 600)
The rate of Dearness Relief on pay scales effective from November 01, 2007 is 80.25% of the Basic Pension.
The rates of Dearness Relief in respect of pensioners who retired before November 01, 2007, and of family pensioners are as below:
Pension/Family Pension Rates for February to July 2013
Pay scale w.e.f. 01.11.2002 120.96% (CPI = 2288)
Pay scale w.e.f. 01.11.1997 197.52% (CPI = 1684)
Pay scale w.e.f. 01.11.1992 334.95% (CPI = 1148)
Pay scale w.e.f. 01.11.1987 732.98% (CPI = 600)
The rate of Dearness Relief on pay scales effective from November 01, 2007 is 80.25% of the Basic Pension.
ANNUAL GENERAL BODY
The Annual General Body of the RBREA met on February 09, 2013. The meeting was presided over by Shri K Ramachandran Nair. The previous GB minutes, the secretary's report and the audited accounts for the year ended December 31, 2012 were passed. The annual rate of subscription was enhanced and the number of committee members increased. Election of officebearers for 2013 - 2014 was held. While Shri K R Krishna Kumar was elected new president, the existing secretary and the treasurer were re-elected. The Regional Director Shri Salim Gangadharan also addressed the audience on the occasion.
A front view of the General Body
RD Shri Salim Gangadharan addresses
President Shri K Ramachandran Nair speaks
Friday, February 1, 2013
FLASH, FLASH !!!
FAMILY PENSION etc:
NOTE : As against the present Slab System, the family pension will be paid at the uniform rate of 30% of the pay of the deceased employee.
MAF SCHEME - ANNUAL HEALTH CHECK-UP :
The Bank has decided to enhance the amount for Annual Health Check-up for self/spouse as shown below:
NOTE : As the new rates are applicable with effect from 2012-13, the differential amount will be credited to the account of the retired employee/spouse concerned.
Our longstanding demand for updating the Family Pension has since been met. A Government Notification to this effect was published in the Gazette on January 13, 2013. The salient features are as indicated below:
NOTE : As against the present Slab System, the family pension will be paid at the uniform rate of 30% of the pay of the deceased employee.
No.
|
Item Considered and Granted
|
Earlier
|
Now
|
1
|
Minimum Family Pension
|
Rs.720
|
Rs.3,500
|
2
|
Minimum Compassionate Allowance
|
Rs.720
|
Rs.3,500
|
3
|
Maximum Amount of Family Pension
|
Rs.3,500
|
Rs.24,495
|
4
|
Minimum Qualifying Service for Pension
|
33 Years
|
20 Years
|
MAF SCHEME - ANNUAL HEALTH CHECK-UP :
The Bank has decided to enhance the amount for Annual Health Check-up for self/spouse as shown below:
No.
|
Cadre
|
Earlier
|
Now
|
1
|
Class IV
|
Rs.1,600
|
Rs.3,000
|
2
|
Class III
|
Rs.2,000
|
Rs.3,500
|
3
|
Class I (A, B & C)
|
Rs.2,400
|
Rs.4,500
|
4
|
Class I (D, E & F)
|
Rs.2,800
|
Rs.5,000
|
NOTE : As the new rates are applicable with effect from 2012-13, the differential amount will be credited to the account of the retired employee/spouse concerned.
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