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Tripura Gramin Bank begins Pension system officially
TIWN May 14, 2019
Tripura Gramin Bank begins Pension system officially
PHOTO : TIWN

NEW DELHI, May 14 (TIWN): A relief for Gramin Bank officials and pensioners in Tripura as the bank has started pension system officially at there.

On Monday total 325 pensioners and 92 family pensioners received papers for their pensions.

On April 28, 2018 the Supreme Court has directed the Union government to grant pension parity to them as per the 1993 scheme prevailing for other commercial bank staff.

A bench of Justices Kurian Joseph and Mohan M Shantanagoudar told the Union government to implement pension parity in all regional rural banks in three months.

The top court rejected a special leave petition filed by the Union government against the Rajasthan High Court's judgement of August 23, 2012.

The Rajasthan High Court had directed the Centre to implement pension parity to Gramin Bank employees at par with the scheme of October 29, 1993, prevailing for commercial bank employees.

The National Industrial Tribunal (NIT) had in 1990 pronounced the award equating the scales, allowances and benefits of regional rural bank staff with that of commercial banks.

The Centre implemented the award but continued the disparities with respect to other allowances and particularly pension and provident fund.

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