29th October is a red letter day. It is on that day Pension became a part of life of Bank retirees. It is also on that day, the largest of retirees' organisations in Associate Bank is born. Pension Settlement was signed on the 29th October, 1993 and two years later, i.e. on the 29th October. State Bank of Mysore Pensioners' Commune was also born Commune has aim and vision to have every retiree of State Bank of Mysore, as a member, irrespective of his/her cadre/designation while in service. Commune, Protects vested rights of retirees and Secures legitimate as well as deserving benefits. Interest and rights of members are first and everything else is next in Commune.
The Philosophy of our Commune is