Tripura Gramin Bank launches pension scheme


In what appears to be a sigh of relief for the employees and retired officials of Tripura Gramin Bank, the bank authorities today officially launched pension facilities for the employees and retired personnel of the state owned scheduled bank.

Speaking to the media persons on the occasion, Chairman of Tripura Gramin Bank Mahendra Mohan Goswami said, the Supreme Court of India passed a revolutionary verdict in favour of all the scheduled bank employees. And, the employees of state’s largest banking network get the benefit. The employees, who retired December 2018 last, got immediate benefits of pension and rest of the retired employees will have their pension from today onwards.

He also informed the media, altogether 417 PPO (Pension Payment Order) token will be distributed today. Among them, 325 are direct pension beneficiaries and rest of the 92 come under family pension scheme.

Describing the move as a milestone in the history of Tripura Gramin Bank, he said, after a long struggle, a dream comes true for the employees of the bank. Earlier, apart from the provident fund no other monetary assistance was provided to the retired employees but from today, the bank will be able to assist hundreds of families who might have faced many financial hurdles.

Speaking on the occasion, General Manager Tripura Gramin Bank Mani Prasad Hazra said, Tripura Gramin Bank stood apart as a highly successful banking institution. In the last financial year, Tripura Gramin Bank achieved each and every target it was given. The net profit of bank also increased upto 185% and stood at 125 crores which was 42 crore in 2017-18 financial year. The entire credit, Hazra added, goes to the people who were associated with the bank since long time and I am very happy to be a part of such a moment when the bank is felicitating those people who served here lifelong.