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Abhinandan Medal on Retirement
The retiring employees are entitled for a silver medal “Abhinandan Medal” on the day of their retirement. Felicitation of Retirees by the Bank under “Abhinandan Yojana”.
Publication of Hand Book for Members
Centenary -4- grams Gold Coin to all surviving Retirees.
Introduction of Financial Assistance of ₹ 8,000/- p.m. to pre 1986 retirees in addition to Ex-Ggratia now raised to Rs 10,000/pm over and above Ex-Gratia
Loan facility to staff pensioners against pension, also for payment of Insurance Premium and COVID -19 interest free advance to retirees.
Legal and Financial support to Retirees facing police/ court cases, CBI Cases and payment TE/ DA bills
Payment of arrears of short interest on SB/FDR accounts of pensioners & family pensioners as per entitlement and also on FDRs kept prior to 14/7/2014 where spouse name was primary
Bank launched an Ex-Employees Portal exclusively for retirees as demanded and now migrated to HR Connect
Identification of Nodal Officer at ZO for Retirees issues and also cell for GHI Claim Settlements at certain centres & HO
Job opportunity for Retirees- BCs, BCs Administration, Legal Audit , Concurrent Audit ,DSAs, etc.
COVID-2019 separation facility & arrangements for COVID doses
On line web based presentations on digital offerings , calling us for training to retiring and making available their infrastructure for Retirees’ Training / Workshop / Help Desk
Retirement training facility for planning retired life
Notional addition of 5 years of pensionable service to Retirees who opted VRS 2001 (This was through Supreme Court judgement)
Second Option of Pension to P F Optees and extension thereof to VRS Optees under Regulation 19(1) of BOBSR 1979.
With regular follow-up by BOBROA with CBPRO and UFBU, IBA has issued clarification for release of Stagnation Increments to those retired during 10 and 11th BPS.
BOBROA working in coordination with CBPRO- UFBU was instrumental in redressal of family pension issue- Family Pension raised to uniform 30% from 15% of last drawn pay without ceiling.
BOBROA’s demand for extension of Pension Option to Compulsorily Retired Officers and encashment of their Privilege Leave agreed
Sanction of Ex-Gratia at certain factor to all Pensioners and Family Pensioners
Redressal of issue of 100% DA neutralisation to pre 2002 Retirees
Retiree from Nov 2022 are given DR based on index at 8088 shifted to 2016 from Base Year 1960
Holiday Homes
Bank’s Holiday homes are available to the retirees. At present the rate per day to the retired officers is Rs. 20/- per day. The list of Holiday homes and the Base Branches is given here under. Click here
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