Payment of Additional pension to retirees.

[Vvns Varaprasadrao]

Dear Sir,

When a retiree will be eligible to get additional pension of 10%  on completing 75 years of age ?

Please advise.

Regards.

[MOHAN P]

Dear Shri Varaprasad Garu,

There is no such order/ policy guidelines to grant additional pension to PSB pensioners  while completing age of 75 years as of now,  as provided to central Govt pensioners on attaining 80 yrs 90 yrs and up to 100 yrs with 20% to 100% additional pension.

For your information a copy of order issued by Ministry of Personnel PG and Pension,is furnished here under.

Banks like Union Bank of India is granting ₹5000 as one time ex-gratia to its  pensioners on completion of 75 yrs of age.

First let us look forward to updation of pension.

Regards

Mohan. P

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[Ramachandran Bella]

Very informative ji,

A good information I noticed and thanks ji .

By the by

Ji,around a month back, I noticed a news paper cutting which emanated a north indian news paper that Govt has decided to merge PNB and CANARA BANK with SBI . It mentioned that the same is sent to  parliament for further action and approval . Is it true ji.

Regards 

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[Kalyanasundaram Subramaniam]

On attaining age of
Additional quantum of pension
80 years
20% of basic pension
85 years
30% of basic pension
90 years
40% of basic pension
95 years
50% of basic pension
100 years
100% of basic pension

(5.1.32)

That is for government pensioners and not POOR bank pensioners. 

For them also additional pension starts after 80 years.

S Kalyanasundaram 

[MOHAN P]

Dear Shri Ramachandra Bella Ji,

Please note that, first of all the messages in social media  on reported merger of PNB and Canara Bank with SBI is a FAKE NEWS.

Finance Minister Nirmala Sitharaman has already said that the government does not have any roadmap for mergers of public sector banks. However, a High-Level Committee on Banking for Viksit Bharat, proposed in the Budget 2026-27, will look into the topic and other aspects, she said.

In a changed scenario on arrival of  'AI' tools lot of posts under social media is created  with false information.No doubt, AI is good for all, if it is used for creative purposes.

Regards

Mohan.P

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[JSOMA SHEKARA]

Like special allowance it will not be a surprise if iBA and UFBU sign an agreement reducing the pension of retirees aged above 80-85-90-95-100.

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[Ramachandran Bella]

Thanks Mohanji

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[mehtakaka]

No

MEHTAKAKA

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[Vvns Varaprasadrao]

Dear Sri P Mohan,

Thank you for your information mail and attachment.

As you rightly said our priority is pension updation only.

Regards.

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[Narayanan Venkateshwaran]

When we crave for space to keep our thump where can we aspire for space to keep our head? 

C V Narayanan

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