Thursday, November 25, 2010

State Bank staff to get more salary and pension, agreement signed.

SBI staff and officers will get their pension ceiling hiked. The salary will be 4% more. SBI staff Federation president Mr Bhupen Kalita informed this in the conference of SBI Council in Kolkata yesterday. An agreement has been signed in this regard recently.
He added that since the Bank bipartite raised the salary of bankmen 17.5% but the effective hike for SBI was only 13.5%. Because the other Bank staff were given option to join the pension scheme. The SBI people was already enjoying the pension facility and they have got separate fund for this but still they had to bear the extra cost for providing pension to other bank employees.
Gen Secy of SBI staff Association, Mr Shyamal Karmakar informed that the maximum ceiling for calculation of pension was Rs 21,400 and now it is raised to Rs 31,500. 50% of this amount is fixed as pension. If the salary exceeds the upper ceiling, 40% of the excess amount is to be added with pension.
Source : Anandabazar Patrika.
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4 comments :

NANDANA HARI said...

Very Good news. But concern for PF optees. As per the above, 4% would be paid to SBI staff. If that is the case, already rest of the employees got short of 4% pay. Then why 2.8 times of Nov 2007 revised scales contribution?

November 26, 2010 at 8:01 AM
Unknown said...

I have heard that those who have joined the bank after 2007 are kept out of this benifit ambit!!
Would anybody please make the sky clearer? Is this discrimination possible at al??

November 26, 2010 at 10:11 PM
Anonymous said...

I also heared that employee who joined bank after 01.11.2007 will not get such benefit. Is it true?

November 29, 2010 at 1:18 PM
rishikesh said...

dont know true or false,but 1st PF optess/non optees

now pre and post nov 2007 in sbi!

November 30, 2010 at 10:50 PM

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