SBI employees to go on indefinite strike from April 3

Banking services at the State Bank of India (SBI) are likely to be disrupted from April 3 onwards as the employees and officers of the largest commercial bank of the country are to proceed on an indefinite strike demanding revision in pension scheme.
“More than two lakh employees and officers of the bank will participate in the strike seeking revision in the pension scheme,” All India State Bank Officers’ Association (AISBOA) general secretary, Shantha Raju said on Tuesday.
He added that All India SBI Staff Federation would also join the strike. Elaborating the demand, Mr Raju said that the pension ceiling at the bank had been kept unchanged at Rs 4,250 based on the salary structure of 1992 salary revision.
“We demand pension amount should be hiked at par with other organisations where they pay pensions amounting to 50% of the last salary drawn,” Mr Raju added


R.Swaminathan said…
The Strike by the employees and officers are fully justified for the reason that the problem of SBI pensioners is eluding a solution for more than a decade. The Seventh bibartite retirees have been isolated for reason best known to the finance ministers and their coterie viz officials attached to the finance ministry. Officers retired in the year 1999 drawing a basic pay of Rs.15760/-have been paid a basic pension of Rs. 4250/- instead of Rs. 7880/-,while Officers retired after 2002 are being paid 50 % of the last deawn pay. This grave injustice is continuing and the officers retired from 1998 onwards are reaching heavenly abode one by one leaving their families is lurch. The judiciary known for delay is also a silent spectator to the sufferings of SBI RETIREES FROM 1998-2002. WHAT SIN HAVE THEY COMMITTED EXCEPT THAT THEY SACRIFICED THEIR PERSONAL LIFE FOR THE CAUSE OF THEIR DEAR BANK? The present stand-up of State Bank of India in the midst of the falling Global economy will bear testimony to the sacrifices of The Officers and Employees, who served their Bank relentlessly for the Growth of The Mighty Bank.

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