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30% family pension hike proposal for bank employees under consideration: Govt
Pension to pensioners of nationalised banks is financed by the respective bank out of its commercially generated revenue.
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The Indian Banks’ Association had recommended recently that family pension be improved to 30% for all employees, without any cap, and the same is under consideration of the government. Minister of State (Mos) in the Finance Ministry was responding to DMK leader Thalikkottai Rajuthevar Baalu question in the Lok Sabha.
The DMK leader had sought whether the govt is considering the long pending demand of the bank employees/retired bank employees for revision of pension periodically along with wage settlement. ....

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