NABARD officials, employees and retired employees went on a one-day strike on Tuesday demanding a pension review pending for over two decades.
Pensions review is pending since 2001
Review of pension of these employees is pending since 2001. Pension was revised in 2012 for RBI employees and officers, but the Finance Ministry is yet to decide on the issue of NABARD. The previous presidents and managing directors of the institute wrote the letter a month ago, but there was no progress on the matter.
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The forum said in a statement that their demands include full pension after 20 years of service, final salary or average salary received in last 10 years, which is higher, based on the calculation of salary and increase in pension with each salary review Are included.
Section 50 of the NABARD Act, 1981 guaranteed written assurance in this regard. But this could not happen yet. In such a situation, all employees are forced to adopt the path of strike. He told that the Sangh has four demands.