CHANDIGARH,27.08.21-Accepting the long pending demand raised by AISVOF , the department of finance, government of India announced the revision in family pension of bank employees. Withdrawal of upper ceilings and raising the family pension on par with RBI family pensioners @30% are the main features of today’s announcement.

In a circular issued by All India State Bank Veterans Office Bearers Forum, Shri G D Nadaf, General Secretary Of the forum thanked the managements of various banks, IBA and the government of India for providing solace to the hapless family pensioners of banks employees who lost their bread earners.He also requested the government to look into the other demands viz. uniform pension fixation at 50% of last drawn basic pay for SBI retirees , pension updation.and full DA neutralisation to pre 2002 retirees

Dr M K Virmani
Joint General Secretary
AISVOF