ENHANCED PENSION FROM 40%TO 50%

AMENDMENT IN STATE BANK OF INDIA EMPLOYEES’ PENSION FUND REGULATIONS, 2014: - COMPUTATION OF PENSION AT THE UNIFORM RATE OF 50% INSTEAD OF EXISTING 40% - 50% CALCULATION 

 

The Central Board of the Bank in its meeting held on 06.12.2023 has accorded approval for the amendments in Regulation 23 of the State Bank of India Employees’ Pension Fund Regulations, 2014 regarding computation of pension for SBI retirees at the uniform rate of 50 %.

 

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