Demand for One Rank One Pension Scheme Grows Among Indian Bank Pensioners in Ranchi

Former bank employees are demanding ‘one rank one pension’ (OROP) and the removal of GST on group insurance. The AIIBPRA highlighted a significant pension gap for retirees and cited ample funds available in public sector bank pension funds. Other demands include pension upgrades, an end to bank privatization, and a review of ex gratia payments.