Wednesday, August 18, 2010

IBA draws attention of retired employees for another option to join pension scheme

IBA offers another option for retired employees of Banks to join the pension scheme. The notice for all concerned is is published in all leading newspapers yesterday.
The option should be exercised within 60 days from the offer of the respective bank and the amount due should be refunded within 30 days from the expiry of 60 days for exercising the option.


View the IBA Notice.

1 comment :

SHANKAR said...

Now it is upto retirees and existing PF optees to decide on their own as to whether they should go for pension or remain in PF.They should not yield to any type of propaganda now.
In the website-www.allbankingsolutions.com Canara Bank workers union has claimed as under among other things:-

"The fact remains that, despite being a minority organization, we were able to hold on to the stay for 48 days by putting the mighty and powerful opponents under a lot of stress and pressure"

But by spending some amount anybody can stall so many things in India.

If they are really confident that they are right,none of their members should accept the pension scheme offerred by IBA now and wait till the final verdict from the court emerges.Then only they can claim that they are protectors of the interest of bank employees.
Why I am writing this is only to inform bank employees that it will be our own consiousness that will always guide us correctly and not openion of others.

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