April 30, 2024

11th BPS Arrears Payment to Retirees

11th BPS Arrears Payment to Retirees – Bankers Union, All India Bank Employees Association (AIBEA) has updated the list of FAQs with clarification on arrears payments along with pension and gratuity benefits for employees retired between 01st Nov 2017 to 31-10-2020.

Additionally, an option is also given, not to claim incremental commutation on revised basic pension. The calculation and other benefits are listed in the circular mentioned here below :

Also Read – 11th BPS Official Calculator 

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