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Retirees of the National Bank for Agriculture and Rural Development have begun an agitation alleging prolonged delays in the implementation of pension revision and other post-retirement benefits. Representing more than 3,500 retirees and family pensioners nationwide, the All India NABARD Retired Employees Welfare Association has accused both the central government and NABARD management of failing to resolve long-pending demands. The association has termed the existing pension framework discriminatory and warned of an escalation in protests if the issues remain unaddressed.
Retirees of the National Bank for Agriculture and Rural Development have initiated an agitation earlier this week, citing continued delays in the revision of pensions and the implementation of other post-retirement benefits. The protest has been organised under the banner of the All India NABARD Retired Employees Welfare Association, which represents over 3,500 retirees and family pensioners across the country. Advertisement
The association has alleged that both the central government and NABARD management have failed to address their demands despite repeated representations. Key issues include the revision of pension for employees recruited by NABARD who retired on or before November 2017, the implementation of a revised family pension structure already approved by the government, and the removal of the existing upper ceiling on family pension.
Additional demands raised by the retirees include the grant of full pension after completing 20 years of service and the fixation of pension based on either the last drawn pay or the average of the final ten months salary, whichever is higher. According to the association, a government order issued in mid-2023 excluded NABARD-recruited pensioners from the pension revision process, effectively creating two separate categories of retirees. This differentiation has been described as discriminatory by the group.
The association has also pointed to delays of over two years in implementing the revised family pension, stating that the prolonged inaction has caused significant hardship, particularly to elderly family pensioners. As part of the agitation, memoranda were submitted to the NABARD Chairman earlier this month, followed by representations to the institution's Board of Directors.
Demonstrations have already been held, and the retirees have warned that the agitation may be intensified if their demands continue to be ignored. Proposed measures include a dharna outside Parliament and the possibility of a hunger strike in the coming weeks.
Source - PTI
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