......our answer to all your banking needs
|
......our answer to all your banking needs |
Is Punishing Recently Appointed Employees For the Sake of Pension Benefit to Seniors is Justified?
by
K S Chalam
|
In the Circumar No.3 dated 13.04.2010 of UFBU it was mentioned that Net Gap of 30% woule be recovered as follows: ****For existing employees/officers -- 1.6 times of payable for the month of November 2007 For employees who have joined the banks after 1.11.2007 -- their contribution would be proportionately reduced. Many employees/officers i.e. those who retired on superannuation from 1.11.2007 till date i.e. before the settlement is implemented are affected as follows. The employees/officers who retired after 1.11.207 and who have already opted for pension long back are being afftered by loosing their entire "salary arrears" , if recovered from them at 1.6 times of Pay of November 2007 . If it is so, they will be loosing almost one years' salary arrears. I request your good selves on my behalf and on behalf of employees/ officers who retired after 1.11.2007 (those who have already opted pension) to look into the flaw and take steps to sort out this flaw.
|
