Mumbai: State Bank of India(SBI) has introduced a special leave for employees who have suffered a bereavementin the family. This will be a one-week paid leave on the loss of a family member.
Speaking to TOI, SBI deputy MD Prashant Kumar said that besides leave, the bank also took a decision to provide 75% subsidy on mediclaim premium for retired employees earning pension up to Rs 20,000. For those earning Rs 20,000-30,000 pension, the subsidy would be 60%. The bank has also expanded scope of mediclaim cover for employees’ family to 100% of claimed amount as against 75% earlier.
Family has been described as spouse, children, parents or parents-in-law irrespective of whether they are dependent or not. The leave can be availed of within a fortnight of the demise of the family member. It will be available to all categories of permanent employees/officers/permanent part-time medical officers and employees on contract basis.