Pension upgradation is statutory obligation: Malhotra

Source: The Hitavada      Date: 31 Jan 2018 10:12:37


Business Bureau,

PENSION upgradation is a statutory obligation and not a charity, said P K Malhotra, National General Secretary of the All India Punjab National Bank Pensioners and Retirees Association (AIPNBPRA).

He was keynote speaker at the first Triennial Conference on Tuesday at Suyog Mangal Karyalaya, Laxminagar organised by AIPNBPRA, Nagpur Circle. Also present were Ashok Kumar De, National President of AIPNBPRA, B P Mahapatra, Circle Head, Punjab National Bank, Nagpur Circle, Ajay Ramteke, Additional Collector and General Manager, Nagpur Improvement Trust, Ramesh Kumbhare, G D Dhone and K R Palsodkar, all AIPNBPRA Nagpur Circle office-bearers. Malhotra said, “Pension is not an charity, nor it is an liability. Pension is the fundamental right of the retirees, which is given in recognition to past service, for which we had also made some contributions.” He said, “In a judgment by the Supreme Court, it has stated that fixation, revision and modification of pension like that of salaries of employees is must.” He also urged the retirees to unite and support AIPNBPRA.

Ashok De pointed out that resolutions were mainly updation of pension and revision of family pension set up of grievance redressal cell in the bank, appointment of auditors etc.

B P Mahapatra said, retirees were senior members of PNB family. “Senior support is required for the bank’s growth. We have made 20 per quota for the retirees upto the age of 65 years. We will be taking their services in solving the problem of NPAs and also engaged them in retail marketing business.”
Ajay Ramteke said, senior citizens are the guiding force of the society.

They should not think themselves alone and should think of giving something back to the society by their rich experience. The employees who were retiring in few days were felicitated on the occasion. Members from outside circles like Mumbai, Pune, Bhopal along with the local circle members were present at the conference..