Monday, March 23, 2009
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