NBP pensioners' woes

The government of Pakistan has announced an incremental effect for the pensioners effective from July 1st, 2008. But the leadership of National Bank of Pakistan and its Board of Directors are observing silence as usual. Their creditability and conduct in the past has always remained questionable. No wonder the ex-employees of the National Bank of Pakistan currently on pension are highly disturbed. The National Bank of Pakistan is proactive, liberal and prompt in writing off loans of very heavy amounts due against feudal lords and army genera1s. This is done at the cost of legitimate pay, allowances and pension of the bank employees. It will be no surprise to the pensioners if the Board puts this matter in cold storage again for a period of six months. Has any body ever realized that those ex-employees who dedicated their youth to the growth of the bank are in line like beggars? They probably prefer suicide over extending their hand before this callous Board of Management but they have to. The pensioners very respectfully submit their appeal to those at the helm of country's banking system to order immediate release of increase in pension @ 25% increment on the gross pension. -MIR MUHAMMAD IDREES, Lahore, July 31.

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