Mon Jul 14 12:08:53 UTC 2025: Okay, here’s a news article summarizing the provided text, maintaining the tone and perspective of The Hindu:

**Headline: Bank Pensioners Demand Update to Pension Regulations After Decades of Delay**

**Thanjavur, July 14, 2025:** The Association of Former Central Committee Members of the State Bank Staff Union (AFCCoM) is pressing the Union Government and the Indian Banks Association (IBA) to address the long-overdue updating of pensions for over 8 lakh bank pensioners across the nation.

In a resolution passed during their Annual General Body meeting held in Thanjavur, the association highlighted the fact that pension revisions, mandated by the Pension Regulation Act, 1995, and aligned with the Reserve Bank of India (RBI) formula, have been pending for over three decades.

Furthermore, AFCCoM also voiced concerns about the “inordinate delay” in revising ex gratia payments, as stipulated in the banking industry-level settlement reached on March 3, 2024. The association emphasized that upward revisions to both ex gratia payments and the updating of pension regulations are critical to improving the financial well-being of its members.

This matter comes at a time when The Hindu is committed to bringing important financial and health matters to its readers as can be seen in other news columns like ‘Data Point’ and ‘Health Matters’.

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