Big decision on DA: In the meeting held between the Indian Banks’ Association (IBA) and bank employees’ unions, it has been agreed that 100 DA benefit will be given to the employees who retired from banks before November 1, 2002.
CH Venkatachalam, general secretary of the All India Bank Employees Association, has told that while sharing the information of the June 28 meeting, it was mistakenly written as November 2022 but its correct year is 2002 only. A correction has been issued later.
The Finance Ministry will be informed about this decision and after that retired employees will start getting enhanced pension or family pension.
Brainstorming on issues from salary to leave: Along with pension, the issue of increasing salary and working five days a week and two days off in banks as well as the issue of cheap health insurance was also to be discussed, but no decision has been taken on this yet. It is possible. According to sources, all the pending cases will be decided within 4-6 months.