Technoglitch
Core Member
Officers and workmen staff of the Reserve Bank will go on a day's mass casual leave on November 19 to protest moves at “crippling the apex bank in the name of the draft financial code and legislative reforms.”
The call for agitation has been given to press for (i) saving RBI and (ii) settling of pension issues, says Samir Ghosh, convenor, United Forum of RBI Officers and Employees.
PENSION ISSUE
Even though the RBI pension is analogous to the Central Government pension scheme, unlike the latter, RBI pensioners are not entitled to periodic updation of pension.
Updation of pension was granted to pre-2002 retirees by the RBI Central Board, but the Government withdrew it unilaterally, Ghosh recalled.
The United Forum has been pursuing the issue over the last eight years, and the RBI Central Board has repeatedly requested the Government’s intervention.
RBI officers, workmen to go on mass casual leave on Nov 19 | Business Line
The call for agitation has been given to press for (i) saving RBI and (ii) settling of pension issues, says Samir Ghosh, convenor, United Forum of RBI Officers and Employees.
PENSION ISSUE
Even though the RBI pension is analogous to the Central Government pension scheme, unlike the latter, RBI pensioners are not entitled to periodic updation of pension.
Updation of pension was granted to pre-2002 retirees by the RBI Central Board, but the Government withdrew it unilaterally, Ghosh recalled.
The United Forum has been pursuing the issue over the last eight years, and the RBI Central Board has repeatedly requested the Government’s intervention.
RBI officers, workmen to go on mass casual leave on Nov 19 | Business Line
