Friday, November 20, 2015

Why Retirees are made to suffer?

'RBI pensioners are the worst affected as the bureaucrats and the Government for reasons best known to them and definitely not justifiable from a humanitarian angle have stopped the updation of pension although there has been an agreement to revise the pension at periodical intervals to compensate for the galloping inflation and ever increasing cost of living. RBI is perhaps one among the very few institutions where corruption is unheard of, human resources show high standards of professionalism and commitment to work to get both national and international accalim.The pension updation has been stalled despite RBI not depending on the Government to meet the expenditure which is a pittance of the profit transferred to the Government every year.''

Dr T V Gopalakrishnan
 

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