I AGREE with the views of Umer Hayat Khwaja regarding the indifferent attitude of the NBP’s management towards its pensioners (March 7). In fact, the bank’s management has stopped increase in pension to its retired employees for the last many years without any reason.

The bank money belongs to public deposit and stakeholders. However, it is being lavishly distributed among the top level executives of the bank. Banks are considered custodians of public money and are responsible for safeguarding their interest. But regretfully all controlling departments like the SBP and the ministry of finance keep their eyes closed to our problems.

The NBP president and its board of directors should include the pension agenda in their forthcoming annual general meeting for release of all outstanding dues to its pensioners.

Mahmood Ahmad Minhas

Lahore

Published in Dawn, March 29th, 2015

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