Canara Bank pensioners want better deal

April 10, 2012

Mangalore, April 10: Compared to certain other banks, retired officers of Canara Bank get lesser medical facilities, said B.S. Hegde, Chairman, Reception Committee, VIII Biennial Conference, of the Canara Bank Retired Officers' Association (CBROA), Mangalore.

He was speaking to media persons on the initial day of the two-day meeting, which began in the city on Monday.

“There are many anomalies,” he said referring to the facilities provided to retired officers of Canara Bank, when compared to retired officers of other banks. He said although group insurance was being done for the retired officers, it was done by the officers' association. “To lessen our burden, we want the bank to do it,” he said.

“Pension is not enough to meet medical expenses. We are asking the bank management and government authorities...We will pursue the matter through our All-India organisation,” Mr. Hegde said. The pension of retired officers should be upgraded every three years as in the case of the salary of officers who are working. Currently, there are officers who get, as pension, the same amount that was fixed a decade ago.

Twenty-two retired officers of Canara Bank, who had reached 75 years, were felicitated at the event, which was attended by 450 retired officers of Canara Bank.

The delegates session will discuss on problems faced by retired officers including update of pension and improvement of family pension.

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