VRS OPTEES IN BANKS DENIED PENSION BY IBA - ALLCGNEWS

ALLCGNEWS

Central Government Employment News

Post Top Ad

29 August 2010

Home BANK PENSIONERS VRS OPTEES IN BANKS DENIED PENSION BY IBA

VRS OPTEES IN BANKS DENIED PENSION BY IBA

"Once the implementation of one more option was cleared by vacation of stay order of Madras High Court, IBA has circulated the pension scheme to all banks.

 However acting on a reference by one Bank, IBA has advised Banks to withdraw circular issued [by United Bank of India] in respect of pension under VRS.

 These instructions as well as omission of optees under VRS scheme in Banks as per OSR denying pension to such optees is at variance with UFBU discussions on the matter......."


Source : All India Bank Officers Association
Tags
Posted by at
TAGS ,

No comments:

Post a Comment

Feel free to drop your comments and suggestions

Subscribe to: Post Comments (Atom)

Disclaimer

The contents and information given in this blog are purely informative in nature and should not under any circumstances be taken as authority. Allcgnews blog may contain typographical errors in its contents. All efforts had been made to ensure accuracy of the content on this blog. The same should not be construed as a statement of law or used for any legal purposes. ALLCGNEWS accepts no responsibility in relation to the accuracy, completeness or otherwise, of the contents. Users are advised to verify/check any information with the relevant departments and to obtain any appropriate professional advice before acting on the information provided in the blog. We cannot guarantee the availability linked pages at all times.

Post Top Ad