Only Sbi Employees Get Cpf And Pension Both

In india, only state bank of india employees joined before 01/04/2010 get contributory p.f. (cpf) & pension both. Generally, in other sectors employees have an option to get either pf and pension or cpf. So, sbi employees get maximum termination benefits (cpf,pension & gratuity) than all others.

No sure if your facts are correct. The pension may be Self contributory pension scheme. Please check up.

The employees have no contribution towards pension in SBI, I am sure and contacted with number of employees after getting your reply.

what is your query? If the stated above are correct, it may be construed that their union is strong in negotiating the terminal benefits. In other Govt depts/PSUs, either one is applicable. I am not sure as to whether they are covered under defined pension or contributory pension(NPS)
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