GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA

UNSTARRED QUESTION NO 371

ANSWERED ON 06.12.2013

PENSION TO GRAMIN BANK STAFF

371 . Shri A.K.S. VIJAYAN

Will the Minister of FINANCE be pleased to state:-

(a) whether Government has any proposal to extend pension scheme to all officers and employees of Gramin Banks across the country;
(b) if so, the details thereof and if not, the reasons therefor;
(c) whether the Government has consulted all the trade unions in this regard; and
(d) if so, the details thereof?

ANSWER

The Minister of State in the Ministry of Finance (Shri Namo Narain Meena)

(a) & (b): The employees of Regional Rural Banks (RRBs) are getting pension under provisions of Employees Provident Fund (Misc. Provisions) Act, 1952. However, the Government has in principle decided to allow RRBs to adopt pension at par with Nationalized Banks under prescribed frame work.

(c): No, Sir.

(d): Does not arise.

Source:  Lok Sabha Q & A

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