OROP Scheme for Banking Industry
One Rank One Pension scheme for banking industry
Pension in Nationalised Banks is based on Bipartite Settlement between
Unions/Associations and Indian Banks’ Association (IBA) representing
managements of Banks. IBA has informed that there have been demands from
Pensioners’ Associations regarding pension updation.
At present, no such proposal is under consideration of Government.
IBA has informed that pension in Nationalised Banks is paid to the
retirees’ from the pension fund of bank concerned and improvement in
pension directly affects the profitability of the banks.
The abvoe information given by the Minister of State in the Ministry of
Finance Shri Santosh Kumar Gangwar in a written reply to a question in
Rajya Sabha on 08.08.2017.
0 comments:
Post a Comment