UNION BANK RETIRED EMPLOYEES' ASSOCIATION
Date: 2nd November,'15
(1) Stagnation Increments according to 10th BP Settlement
Please see the attachment No.70 to this e-mail and guide the members
of our Association who retired after 1st November,'12 and are eligible
for stagnation increments according to 10th BP Settlement.
(2) Pension Commutation to spouse of deceased employees
Normally family pensioners are not entitled to commute their pension.
However, if the deceased employee was entitled to commutation,
but did not get it prior to his / her demise, the spouse is entitled to
claim the commutation. The attachment No.93 to this e-mail explains
this matter.
(3) Denial
Cash Withdrawal to Pensioners by Branches of Union Bank of India
The
attachment No.94 to this e-mail
is a soft copy of the Letter dated 2nd November,'15 written to CMD of
Union Bank of India by Shri N.Shankar, General Secretary, All India
Union Bank Employees' Association.
We thank Shri Shankar for raising this and other important issues of the Bank retirees appropriately before the management.
Yours sincerely,
B.G.Raithatha,
General Secretary