Headlines
  • Crisis In Indian Banking Leads to Work Pressure and Driving Employees To Despair, Commit Extreme Steps
  • Toxic work culture on the rise in banks
  • 5DaysBanking: Bankers Urgently Demand 2 Days Off Per Week
  • Banks see over 15% growth in new credit card addition: RBI data
  • Banks Transfer ₹37,176 Crore to RBI’s Depositor Education and Awareness Fund in Last 3 Years
  • Calls for Bankers’ Safety Amplified After Video of SBI Branch Manager Attack Goes Viral
  • Nainital Bank Faces Privatisation Move Amid Staff Protests
  • Whistleblowers Expose Nexus Operating from Three Banks
  • Preserving RRBs: AIRRBEA Defends Rural Banking Against AIBOC-AIBEA Merger Proposals
  • Union Bank of India’s new directive for weekend work at Retail Loan Points (RLPs) has sparked outrage among bankers
Kanal Header Logo
Friday, Jun 13, 2025 | India

Advertisement

Home / Banking

#NPS_Discrimination: X Campaign Highlights Staff Concern Over Pension Inequality in PSBs

The #NPS_Discrimination campaign on X (formerly Twitter) called for equal rights under the National Pension System, including freedom to choose Pension Fund Managers and investment schemes.

News Image

Author: Kalyani Mali

Published: June 11, 2025

Advertisement

A X (formerly Twitter) campaign with the hashtag #NPS_Discrimination was launched on Sunday, June 8, 2025, at 11:00 am, demanding equal rights for Public Sector Bank (PSB) employees under the National Pension System (NPS). The campaign emphasised  the need for allowing PSB employees to choose their own Pension Fund Manager (PFM) and investment scheme.

Core Demand: Selection Rights Under NPS
Currently, public sector bankers under NPS are not allowed to choose their PFM or investment scheme, which limits their ability to control retirement planning. This lack of choice has triggered increasing dissatisfaction among bank staff, who believe they are being unfairly restricted.


Image: Poster circulated online for the Twitter campaign on June 8, 2025, demanding fair pension rights for PSB employees
Source: @OfficialBOMOO

Widespread Participation on Twitter
The #NPS_Discrimination campaign gained strong momentum on Twitter as bankers, union members, and supporters voiced their concerns about restrictions faced by PSB employees under the current NPS framework. Tweets from unions like Bank of Maharashtra Officers' Organisation (BOMOO), banking commentators such as Banking Chanakya, and individuals including Vipin, Abhay Chaudhary, emphasised the demand for the right to choose PFM and investment schemes. 


Image: Tweet by BOMOO supporting the #NPS_Discrimination campaign 
Source: @OfficialBOMOO


Image: Tweet Highlights Alleged NPS Discrimination Faced by PSB Employees
Source: @BankingChanakYa


Image: Tweet Calling for an end to unfair NPS rules 
Source:@Abhay_sicilian

Banking commentator Newton Bank Kumar flagged on X that while over 70% of employers under the Corporate NPS Model allow employees to choose their Pension Fund Manager and scheme, most Public Sector Banks deny this flexibility—raising concerns over systemic #NPS_Discrimination.

Image: Newton Bank Kumar flags NPS choice denial for PSB staff
Source: @idesibanda

Demand for Fair Choice in NPS for PSB Employees 
The National Organisation of Bank Officers (NOBO) has urged the PFRDA to reconsider its 2018 guidelines, which deny NPS choice of fund manager and asset allocation to PSB employees who joined before 14 November 2018. This has created an unfair distinction, leaving over 5 lakh PSB staff unable to make informed decisions about their retirement savings.


Image: NOBO Letter to PFRDA Seeking Equal NPS Options for PSB Staff
Source: @V__i__p__i__n

The #NPS_Discrimination campaign on Twitter drew attention to a specific policy gap within the NPS affecting PSB employees. The digital protest focused on the demand for equal rights in selecting PFM and investment schemes, a facility available to other NPS subscribers.

Tags:Pension RightsNational Pension SystemEmployee DemandsNPS DiscriminationPublic Sector BankPSB EmployeesTwitter CampaignWhatsAppPension Fund Manager

No comments yet.

Leave a Comment