.......However, as the UFBU comprises only the serving bank officials, several vital concerns of the retired officials remain unaddressed. Though the issues concerning the retirees are also taken up at the meetings between representatives of bank officials and managements, the focus remains on the matters pertaining to the serving officials due to lack of representation of retired members. Hence, even as the salaries of the serving officials have increased by more than 200 per cent as a result of three wage settlements since 1995, the pension of the officials who retired prior to 2002 is yet to be revised.........
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