PF optees made to pay huge amount for pension

On the eve of 9 th bipartite settlement, UFBU and IBA have agreed on a pension settlement:
All employees who had earlier give PF option, if they want to switchover to the pension option,they have to pay 2.8 time of the revised pay for the month of November 2007.
This announcement and settlement has started huge controversy among the bank employees across the nation and they have come together to fight against this injustice arrived by the parties to the agreement:
All PF optees can analyse the issue and post their comments in this blog: