BOBROA is actively engaged in bringing following benefits to Retirees at the Bank of Baroda level as well on other Retirees' issues at Industry level with our Apex Retirees' Organisations- RBONC,  AIBPARC  and CBPRO

A.        Demands put up by UFOBOBRA {BOBROA, VBRA,  AIBOBRA,  AIDBRF}  on Bank of Baroda 

1. Full reimbursement of GHI Premium 
2. Having Bank’s Regular meetings with UFOBOBRA at HO and Central Office level.
3. Additional Staff Interest of 1% on the Deposits of Bank’s Retirees’ Organisations
4. Free Medical Check-up of Bank’s Retirees every year
5. Retirees’ Representation on  Staff Welfare Fund Committee 
6. Retirees’ Representation on Pension Fund Trust
7. Removal of restrictions (for Retirees) on Holiday Home facility
8. Interest free Festival Advance to Retirees
9. Access to Bank’s Circulars relating to Retirees
10. Removal of anomaly in commutation of eDens Bank Retirees
11. Payment of stagnation increments to eligible retirees
12. Using services of retired for CSR
13. CMS for eVRS 2001 and Special Medical Aid
14. CMS for retirees after 1/11/2015
15. Meeting with legal team for outside court cases settlement 
16. Providing Generic Data on Pension Fund trust 
17. HR connect OTP time for 5 minutes instead of 2 minutes 
18. Restoration of commuted value of pension after 10 years
19.  Extension of pension option to Resignee officers, data on retiring,VRS Optees and Family Pensioners 
20. Special Interest Free Personal Loan for payment of GHI Premium
21. Payment of Arrears arising out of change in Commutation Period  i.e. Restoration of Commuted Value of Pension after completion of 10 years of recovery 
22. Recalculation of Gratuity Payment on account at @ of 45 days for every year of service beyond 30 years' service and payment of arrears thereof.

B.        Present Position of the Demands, which are pending at industry level and are being persuaded by BOBROA with our Apex Retirees Organisations- RBONC,  AIBPARC  and CBPRO

1. Pension Updation on RBI lines
2. GHI Premium on Base Policy to be borne by Banks and waiver of GST on premium paid and payment of premium in instalments, additional cover for COVID 19, affordable premium on top up cover 
3. Structured forum for redressal of grievances of retirees - Discussions to be held with apex organisations of retirees 
4. Pension option to the Left Outs and recruited after 1/4/2010
5. Special Allowance to be reckoned for all Terminal and Retirement Benefits including Pension 
6. Anomalies in stagnation increment of S/G V retiree officers- retired from 1/11/17 to 30/10/20, 
7. Allowing retired officers to act as defence representatives for charge sheeted retirees 
8. Dearness Relief of Pensioners to be fixed at 8088 Index by shifting Base Year from 1960 to 2016
9. Unified Pension Scheme to existing retirees under NPS
10. Restoration of commuted value of Pension after completion of 10 years of recovery 
11. Enhancement of ceiling in gratuity from 10 to 20 lakhs w. e. f. 1/1/2016 and 20 lakhs to 25 lakhs and Gratuity issues— 45 days for every year on completion of 30 years’ service,  dividing monthly salary by 26 days, Special Allowance to be considered , DA under OSR be included 
12. Eligibility for full Pension be 20 years instead of 33 years.
13. Avoid initiation of Disciplinary Actions against officers on the eve of or after retirement 
14. Providing Office Space for Retiree Organisations
15. Bank’s contribution to the Welfare Fund be linked with its operating profit and to have uniform share in Welfare Fund spending for retirees ,
16. Best of HR practices given to employees of the Merged Banks 
17. Representation of Retiree’s on Pension Fund  and Staff Welfare Fund 
18. Interest Free Festival Advance to Retirees
19. Universal application of High Courts/ Supreme Court Judgements 
20. Exemption of Pension, Interest on SB Accounts and Bank Deposits of Pensioners from Income Tax
21. Abolition of NPS and offering defined benefit  Pension scheme to those recruited from 1/4/2010
22. Awarding any penalty under Regulation 4 of Disciplinary and Appeal Regulations after superannuation and abolition of Reg. 22 
23. Fact check of Actuarial estimate of 22000 Crores for 15% to 30% rise in Family Pension