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We've Moved to Our New Home! 🏠

Welcome, Dear Members/Subscribers! We’re happy to announce that our blog has found a new home at AIRBIOPF. Our new site offers a fresher design, easier navigation, and all the latest updates you’ve come to like. 👉 Visit Our New Site Now 👈 Please update your bookmarks and consider subscribing to AIRBIOPF to stay connected with us. If you have any questions or need help finding something, feel…

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RBI Launches a Mobile App RBIDATA

Launch of the RBIDATA Mobile App by RBIhttps://t.co/tUhyvBSqLA— ReserveBankOfIndia (@RBI) February 18, 2025 RBI launches RBIDATA, a Mobile App for macro and financial data

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Tax Relief for Pensioners in the Budget 25

The Union Budget 2025 have brought good tax relief for pensioners across India. Union Budget 2025: The Finance Minister has announced a significant overhaul of the income tax structure under the new tax regime. What Sitharaman said:  A taxpayer with an income of Rs 12 lakh will now see a benefit of Rs 80,000 in tax savings, which accounts for 100% of the tax payable as per existing rates.A…

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Comparing Old Pension Scheme, National Pension System, and Unified Pension Scheme

Following our update on the Unified Pension Scheme, we present a comparison chart below detailing the differences between the Old Pension Scheme (OPS), National Pension System (NPS), and Unified Pension Scheme (UPS).: Feature Old Pension Scheme (OPS) National Pension System (NPS) Unified Pension Scheme (UPS) Eligibility Government employees who joined service before January 1, 2004 All…

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New RBI Governor Sanjay Malhotra To Take Charge

Sanjay Malhotra, a seasoned bureaucrat with over 30 years of experience, has been appointed as the 26th Governor of the Reserve Bank of India (RBI) for a three-year term starting December 11, 2024. His appointment is timely, as India’s economy faces multiple challenges. Sanjay Malhotra is a respected Indian Administrative Service (IAS) officer from the 1990 batch, representing the Rajasthan…

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Pension Restoration: High Court Upholds 15-Year Commutation Period

The High Court of Panjab and Haryana has dismissed 808 writ petitions challenging the 15-year period for pension restoration after commutation. The petitions, filed by retired Punjab government employees, had sought restoration of commuted pension after a shorter period of about 12 years, arguing that the existing 15-year period was arbitrary and unjustified.The amount of commuted part of pension…

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Doorstep Service for Hassle-Free Life Certificates

The Department of Posts, via India Post Payments Bank (IPPB), has introduced a new doorstep service to help pensioners submit their Digital Life Certificates (DLC). This service aims to make the process easy and convenient. Paperless and Hassle-Free Process: The DLC submission process is now completely paperless, seamless, and hassle-free. Pensioners are not required to send the acknowledgment…

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Appeal for additional Pension for RBI Pensioners Aged 80 and Above

The Department of Pension and Pensioners’ Welfare (DoPPW), under the Ministry of Personnel, Public Grievances & Pensions, has recently issued an office Memorandum F. No. 38/10(04)/2024-P&PPW(A) (e 10124) dated 18th October 2024. According to this, central government pensioners who have completed 80 years of age or more are eligible for an additional pension or compassionate allowance. Additional…

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Holiday Homes Directory (2024-25)

Holiday Homes Directory for RBI Retirees – Web App AIRBIOPF has updated a web application that includes a directory of holiday homes specifically for RBI retirees. This directory contains information about all available holiday homes as of July, 2024.User has to log in with email to access the Application. It may be installed on the mobile as well as laptop/desktop. We hope the web … Continue…

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RBI-Group Mediclaim Policy (MAFS) Extended Until March 31,2025

The bank has extended the RBI- (MAFS)-Group Mediclaim Policy (2024) for retired MAFS members until March 31, 2025, with M/s New India Assurance Co. Ltd., under the existing terms and conditions. The policy will cover all hospitalizations starting January 1, 2025. All terms and conditions and other details are available in our previous post. In case of reimbursement, intimation of hospitalisation…

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Pension Restoration: High Court Upholds 15-Year Commutation Period

The High Court of Panjab and Haryana has dismissed 808 writ petitions challenging the 15-year period for pension restoration after commutation. The petitions, filed by retired Punjab government employees, had sought restoration of commuted pension after a shorter period of about 12 years, arguing that the existing 15-year period was arbitrary and unjustified.The amount of commuted part of pension…

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Holiday Homes Directory (2024-25)

Holiday Homes Directory for RBI Retirees – Web App Holiday Homes Directory (2024-25) was originally published on All India RBI Oers Pensioners Forum

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Appeal for additional Pension for RBI Pensioners Aged 80 and Above

The Department of Pension and Pensioners’ Welfare (DoPPW), under the Ministry of Personnel, Public Grievances & Pensions, has recently issued an office Memorandum F. No. 38/10(04)/2024-P&PPW(A) (e 10124) dated 18th October 2024. According to this, central government pensioners who have completed 80 years of age or more are eligible for an additional pension or compassionate allowance. Additional…

[wdtom]

New RBI Governor Sanjay Malhotra To Take Charge

Sanjay Malhotra, a seasoned bureaucrat with over 30 years of experience, has been appointed as the 26th Governor of the Reserve Bank of India (RBI) for a three-year term starting December 11, 2024. His appointment is timely, as India’s economy faces multiple challenges. Sanjay Malhotra is a respected Indian Administrative Service (IAS) officer from the 1990 batch, representing the Rajasthan…

[wdtom]

Pension Restoration: High Court Upholds 15-Year Commutation Period

The High Court of Panjab and Haryana has dismissed 808 writ petitions challenging the 15-year period for pension restoration after commutation. The petitions, filed by retired Punjab government employees, had sought restoration of commuted pension after a shorter period of about 12 years, arguing that the existing 15-year period was arbitrary and unjustified.The amount of commuted part of pension…

[wdtom]

Holiday Homes Directory (2024-25)

Holiday Homes Directory for RBI Retirees – Web App

[wdtom]

Doorstep Service for Hassle-Free Life Certificates

The Department of Posts, via India Post Payments Bank (IPPB), has introduced a new doorstep service to help pensioners submit their Digital Life Certificates (DLC). This service aims to make the process easy and convenient. Paperless and Hassle-Free Process: The DLC submission process is now completely paperless, seamless, and hassle-free. Pensioners are not required to send the acknowledgment…