CAT HAS COME OUT OF BAG- UFBU/AIBEA RAISED OBJECTION ON UPDATION.

[Debasish Mukherjee]

It is reliably learnt that the UFBU/AIBEA raised objection on retirees updation and stated the issue being a bilateral one the GOI cannot direct updation without consulting unions. Knowing very well that a large number of retirees are in serious financial crisis the UFBU's this objection amply proves the UFBU/AIBEA leaders have scanty feelings for the retirees distress. This also establish how cruel and inhuman the leaders are. It was the UFBU/AIBEA leaders who under threat compelled the IBA and Banks managements to pursue discriminatory and differential policy in denying payment of 100% D.A.nutralisation benefit to the pre Nov.2002 retirees out of the leaders sheer revenge and all other policies detrimental to the interest of the retirees and employees. It was also the then AIBOA G.S. compelled the IBA under threat to withdraw 2 to 2.5 p.c. updation proposal during xth BPS negotiation in 2015. Members of this blog may kindly decide if the UFBU leaders may be called betrayers who all the time backstabbed and duped the retirees. These leaders are no better than Criminals. In my opinion UFBU/AIBEA cannot claim updation is Bilateral issue and Govt.cannot grant updation without consulting the UFBU since pension agreement might had taken place between the AIBEA and IBA in 1993 but implemented only after final approval by the Govt. and the Govt.can well approve updation as per terms with R.B.I. updation without consulting the UFBU.Now it is to be seen reaction of AIBRF & CBPRO leaders.

Debasish Mukherjee,

mumb...@rediffmail.com

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[Narendra Maller]

 itis better all the retirees resign from the unions and withdraw the monthly subscription mandate .

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[Subramani S]

Everybody knows that AIBEA/UFBU is the main culprit for the poorest defined pension scheme for the bank employees. Because of cost factor the IBA , during negotiations for defined pension scheme in lieu of CPF, did not agree to bring those retirees who retired prior to a certain date.

But the AIBEA/ufbu wanted to bring people who retired from jan 1 1986. (at that time it was in the rounds that many AIBEA leaders had retired prior to the date set by IBA) . AIBEA DID not use its mighty Collective Bargaining Power to achieve their agenda. Instead, they surreptitiously, hand in glow with IBA, agreed for removal of the Pension Updation Clause and also for crippling the Family Pension . The communist AIBEA did not discuss this life affecting major item in any forum of the employees. As the Updation less and truncated Family Pension is the birth child of the AIBEA-IBA , these AIBEA rascals had/has  no face to ask IBA for Updation and Revision of FP. They are treacherous scoundrels. Now they do not like the Govt . to move on its own to  bring about FP revision and Updation. Because AIBEA wants all the glory to themselves. If FM  does the required things through IBA , AIBEA can not garner any name. 

But I feel we can not blame IBA in this. During 1993-95 they saw to it they limited the cost load as per the overall guidance of the Govt. Now the Govt. instructs IBA to look into the matter positively. They are carrying out obediently. that is all.

In Best Interest of the Bank Employees, people should resign en masse from AIBEA and join some other union or form a new union. 

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[Nagaraju Kakani]

Sairam, For last sentence is not appropriate and essential and it is  the demand of the majority of us. If we  want to achieve the pension not only this, the retirees also to resign from the present organisations affililiated indirectly and cunningly with the sole called Bank saver organisations. 

They are not able to set right and solve the problems of in-service employees and age old pensioners but fighting to set right the nation joining hands with the divisive forces and forcing a strike on the working employees. 

If they want to check their might, let them not give a whip to employees and test their strength. 

With regards,

Nagaraju Kakani, 

Hyderabad. 

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[Subramani S]

It is learnt that about 380000/= working employees are under our defined Pension Scheme. All of them should take a decision and shift from the AIBEA and other unions/assons/confederations etc., and form a new registered union/association or join en masse with the union We Bankers.

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[Sridhar Mandyam]

Are retirees are paying subscription every month? 

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[Lionmoreshwar Bhalerao]

No union can refuse the benefit which Govt.is offering without negotiators. Govt.can do and undo any thing beneficial to any one

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[RAMANI NV]

Why should retirees pay subscription every month?

[Shrinivas Parkar]

UFBU/ AIBEA may not support Pension Updation, but it is highly impossible that they may oppose Pension Updation. After the Direct Intervention of Hon'ble Finance Minister, Pension Updation is become Government Policy. UFBU/  AIBEA are very well aware that how strong and committed is the Present Government and Particularly our Beloved Prime Minister Respected Narendra Modiji.

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[sastry n s]

Most of us advocate that the pensioners resign from the Associations. I was member of an Association for 2 years and opted out after keenly observing the activities. I wonder how many of us have done this.

[Nagaraju Kakani]

Sairam, We pay Annual Subscription to Retirees Union affiliated to AI BRF,  every year Rs. 600 in Bank Of India. 

Nagaraju Kakani 

Nallagandla, Hyderabad 500019

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[Ramarao Velagapudi]

that's known to everyone sir.

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[sastry n s]

At least they are vociferous now. Let this be an eye-opener to some of our friends who probably trusted them for decades. Let us all stand united now and present a unified force for achievement of our demands.

Since FM is sympathetic to our cause,  our friends having good rapport with important officials in DFS may follow up the issue with them. This may pave way for early results.