Reserve Bank of India (RBI) employees and officers, including retirees, held rallies in all offices of the central bank on Thursday, demanding pensions be updated and a fresh option to join the pension scheme in lieu of the contributory provident fund (CPF) scheme.
The pension of retired employees of the central bank continues to get 50 per cent of the last pay drawn, whereas the pension for central government employees get periodically revised with every pay commission-recommended wage revision, said a statement from the All India Reserve Bank Employees Association. The central ...
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