Retired Bank Employees Demand Raise In Pension

Retired bank employees demand raise in pension

PESHAWAR, (UrduPoint / Pakistan Point News -6th Sept,2016) : The retired bank employees here Tuesday demanded raise in their pension as par with other retired government employees under Pension Scheme 1977.

A meeting to this effect of Retired Bank Officers Association (RBOA) was held wherein participants strongly demanded increase in their pension saying likewise other pensioners a raise should also be made in their pension to enable them meet both ends.

Talking to APP, Secretary RBOA Riaz Mufti said that almost all other retired government employees were being benefitted with raise in pensions but bank employees have been deprived of this practice and a fix amount of Rs3800 to Rs10000 per month were being given them in pension head.

Mufti said that thousands of individual cases with regard to pension increase were pending in courts and it was difficult for the pensioners to lead a dignified life with such minimal amount. He said this was an injustice with bank employees as President of Pakistan had issued a circular in May 2016 with directives to provide pension to bank employees under Pension Scheme 1977.

He said all the banks have ignored this circular and not yet approved any raise in their pension. He appealed to authorities concerned for taking coherent measures towards this end and announced periodic raise in pensions and other benefits.