GRATUITY ENHANCEMENT

[Pilla Nageswara Rao]

Dear Sir,

While the gratuity enhancement limit was notified  by Central  government making employees of Central Government retired wef 1.1.2006 and for the rest including Central Govt PSUs wef 24.05.2010 thereby making the retirees from 1.1.2006 to 23.05.2010 of other than Central Goverment deprived of the benefit.  Why should there be such discremination between Central Govt. employees and others when the act is ammended on one and thesame day?  Can we not fight for justice in this respect?  Is there any move on this front from  Bank retirees' associations or Bank pensioners group?  

Rgds

P Nageswara Rao

Retiree of June 2009

[ashwani dabra]

Dear sir I totally agree with Mr. p nageswara rao .Please let me
know whether pensioners group have raised this point with
govt/authorities .Can we go to court for this injustice? with regards
. ASHWANI KUMAR DABRA

> *Rgds*
> *P Nageswara Rao*
> *Retiree of June 2009*
>
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>
>

[bass]

Dear Sir,
I am happy with your message.

You are right but late.

The issue was discussed hot hotly (with 26 messages) on 30.05.2010
itself.

If you can view my profile with a simple click, you can found a
message titled
"enhanced gratuity w.e.f.24.05.2010" wherein several friends were
responded
for the grievances expressed by me. Instead of repeating them here,
better to go
through those messages which were self explanatory with much more
frustrations.

Failure to get the 9th bipartite settlement by our Unions on the same
lines of
Vth pay commission recommendations to central govt employees, is the
main
reason for all the grievances.

With regards

S.M.BASHA



On Sep 4, 3:04 pm, Pilla Nageswara Rao <pnageswararao1...@gmail.com>
wrote:

> Dear Sir,
>
> While the gratuity enhancement limit was notified  by Central  government
> making employees of Central Government retired wef 1.1.2006 and for the rest
> including Central Govt PSUs wef 24.05.2010 thereby making the retirees from
> 1.1.2006 to 23.05.2010 of other than Central Goverment deprived of the
> benefit.  Why should there be such discremination between Central Govt.
> employees and others when the act is ammended on one and thesame day?  Can
> we not fight for justice in this respect?  Is there any move on this front

> from  Bank rer tirees' associations or Bank pensioners group?

[Prasad C N]

Dear Mr.Nageshwar Rao,

I am surprised to note that you have raised your point of discrimination in respect of Central Government Employees, in terms of Payment of enhanced Gratuity from 1.1.2006.  

How about the following ?

a. Different pay structure within the same industry performing same job with same responsibility and with same qualification (SBI Vs others)

b. Central Government introduced New Pension Scheme with effect from 1.1.2004.  Can we say, we need uniformity and therefore implement ?

Please remembers 'Rules are double edged Sword',  It hurts both sides.

 

Thanks, a Million.

With regards,
Prasad C N

---

From: Pilla Nageswara Rao <pnageswa...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Sunday, 4 September 2011 3:34 PM
Subject: bankpensioner GRATUITY ENHANCEMENT

[bass]

Dear Prasadgaru,

N

On Sep 5, 12:14 pm, Prasad C N <cn_prasa...@yahoo.com> wrote:
> Dear Mr.Nageshwar Rao,
>
> I am surprised to note that you have raised your point of discrimination in respect of Central Government Employees, in terms of Payment of enhanced Gratuity from 1.1.2006.  
>
> How about the following ?
>
> a. Different pay structure within the same industry performing same job with same responsibility and with same qualification (SBI Vs others)
>
> b. Central Government introduced New Pension Scheme with effect from 1.1.2004.  Can we say, we need uniformity and therefore implement ?
>
> Please remembers 'Rules are double edged Sword',  It hurts both sides.
>  
> Thanks, a Million.
>
> With regards,
> Prasad C N
>
> ________________________________

> From: Pilla Nageswara Rao <pnageswararao1...@gmail.com>

[bass]

Dear Prasadgaru,

Sorry, my message was posted without even starting.

Now, let me continue it. Nothing is surprised sir. What Mr.Nageswar
rao said and some more points raised by you, are all genuine only.
Already, our unions have made a demand for extending the above said
benefits to bank employees also.

On 30.05.2010 itself hot hot discussions were made in this blog on
enhanced gratuity w.e.f.24.05.2010.

Let us not forget one thing. Demand is our right and there is no end
for it. Already a fresh demand list has been kept ready by the unions
for the forthcoming bipartite settlement.

Some 20-30 yrs back, the service conditions and wage structure of bank
employees was far better than central/state govt employees. Over a
period, they have overtaken us with excellent bargain with the govt,
by quoting our wage structure etc., At the same time, due to various
reasons, our unions were weaken and unable to compete with them in
getting expected progressive returns, as demanded initially at the
commencement of each settlement.

Rules are man made sir. They can be amended positively/negatively,
over a period of time OR even replaced with new creative ones.

So, let us fight..fight and fight. IBA's circulars, Government of
India's acts are not the quotations from Bible/Bhagavatgita. Just like
an amendment made to gratuity act w.e.f.24.05.2010, another may also
come in our favour, if not to-day, at least in the future. Who
knows ? Just two yrs back, nobody expected and dreamed to get the
enhanced gratuity, but was happened and got.

With regards
S.M.BASHA

On Sep 5, 12:14 pm, Prasad C N <cn_prasa...@yahoo.com> wrote:

> Dear Mr.Nageshwar Rao,
>
> I am surprised to note that you have raised your point of discrimination in respect of Central Government Employees, in terms of Payment of enhanced Gratuity from 1.1.2006.  
>
> How about the following ?
>
> a. Different pay structure within the same industry performing same job with same responsibility and with same qualification (SBI Vs others)
>
> b. Central Government introduced New Pension Scheme with effect from 1.1.2004.  Can we say, we need uniformity and therefore implement ?
>
> Please remembers 'Rules are double edged Sword',  It hurts both sides.
>  
> Thanks, a Million.
>
> With regards,
> Prasad C N
>
> ________________________________

> From: Pilla Nageswara Rao <pnageswararao1...@gmail.com>

[Pilla Nageswara Rao]

Mr. Prasad CN

You are linking two different matters.  Pension scheme in Central Government was introduced by Central Government where as pension scheme in banks was by a settlement between  Bank Unions/Associations and and Managements of all banks through IBA, while gratuity scheme is the scheme implemented by Central Government for all (both central Government employees and others including banks) and the ceiling limit was same (3,50,000/-) and now enhanced to 10,00,000/-).

My question is when it was declared by Central Government on one and the same day why should the dates of implementation dates be different.  Please try to know the difference before reacting.  Perhaps you are not aware of the above difference.

Rgds,

P Nageswara Rao 

[venkat rao]

I think Mr.P.Nageshwararao is correct.The bank unions have failed in the matter completely.The pension,gratuity and PF are the common issues which affect majority of the workers in organised sector.So it is the bounden duty of UBFU to fight sincerely to get gratuity benefit from01/01/2006.Our SBM VRS/EXIT retirees are still fighting for 5 years notional service benefit even though the nationalised retirees under VRS got benefit long back because of wise judgement of all stakeholders in the matter.
Thanks a billion
Venkatrao.H
SBM Mysore

---

From: Pilla Nageswara Rao <pnageswa...@gmail.com>
To: bankpe...@googlegroups.com

Sent: Mon, 5 September, 2011 4:42:39 PM
Subject: Re: bankpensioner GRATUITY ENHANCEMENT

[Udayan Dasgupta]

On Tue, 06 Sep 2011 07:54:58 +0530 wrote

>Dear sir I totally agree with Mr. p nageswara rao .Please let me

know whether pensioners group have raised this point with

govt/authorities .Can we go to court for this injustice? with regards

. ASHWANI KUMAR DABRA

On 9/4/11, Pilla Nageswara Rao wrote:

> Dear Sir,

>

> While the gratuity enhancement limit was notified by Central government

> making employees of Central Government retired wef 1.1.2006 and for the rest

> including Central Govt PSUs wef 24.05.2010 thereby making the retirees from

> 1.1.2006 to 23.05.2010 of other than Central Goverment deprived of the

> benefit. Why should there be such discremination between Central Govt.

> employees and others when the act is ammended on one and thesame day? Can

> we not fight for justice in this respect? Is there any move on this front

> from Bank retirees' associations or Bank pensioners group?

> *Rgds*

> *P Nageswara Rao*

> *Retiree of June 2009*

>

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> http://groups.google.com/group/bankpensioner?hl=en-GB.

>

>Dear Sir,Sbi Pensioners group has already raised the voice,They have also filed a case in Supreme Court.Please enquire with them.

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Treat yourself at a restaurant, spa, resort and much more with Rediff Deal ho jaye!

[bass]

Dear Sir Udayan Dasgupta,

The matter was discussed in this forum on 30.05.2010 with 26 messages.
You can get answers for all your questions in those messages. It is
really a good gesture, people are responding now, with a little bit
delay. Everybody must know about this injustice and the same shall be
highlighted in the media. In a nut shell, I will explain the reasons
for the failure to get the enhanced gratuity w.e.f.1.1.2006.

1.Unions have demanded with a lot of delay, casually and in routine
manner, thinking that the govt will respond to them favourably. They
have done the paper work and kept quite without active pursuation.
2.When the bill was tabled in parliament, the effective date was not
mentioned. No body has pointed out and maintained overconfidence.
3.When the labour minister presented the bill with prospective date
and unable to give with retrospective effect from 1.1.2006 due to
financial burden, no parliamentarian has objected it. The main
opposition and red parties maintained silence, as if it is not
relating to them.

I request every body who are interested in this subject, to view the
messages in this blog on 30.05.2010 with a title "enhancement of
gratuity w.e.f.24.05.2010" for more information and clarity.

With regards
S.M.BASHA

[Prasad C N]

Dear Mr.Pilla Nageshwara Rao,

There are differences between payment of Gratuity by the Government and Banks.  There is also Gratuity agreement and earlier many bank retirees got more than Rs.3.50 lacs, when the ceiling was Rs.3.50 lacs.  Now, we may a section of employees who may get more than Rs.10.00 lacs as Grauity on account of Gratuity Agreement, where as Gratuity payable to Central Government employees can never get more than the Gratuity ceiling.  Why we do not feel that Central Government employees also feel that they should also be paid like Bank employees get Gratuity over and above the amount payable under Payment of Gratuity Act.  

You have also forgotten that the Government as an employer has increased the ceiling.  Labour ministry has not increased the ceiling for Central Government employees.  It is ministry of Personnel. There is no bar on other employer from increasing the ceiling.  The ceiling or Gratuity amount is the minimum, not the maximum.  For Bank employees, Rs.10.00 lac ceiling is not applicable and it is only applicable for payment under Payment of Gratuity Act.

Perhaps, one may feel why other Opposition parties kept quite, when the date is notified.  The Hon'ble Labour Minister announced that there are many industries which do not have financial strength to pay from earlier date.  For, employees, payment of their Salary is important, it is not the Gratuity.  Unfortunately, Banks are also bracketed with other such industries and Banks include Private Banks also.

Whatever I am expressing regarding these issues, it is with full knowledge and understanding of the subject.  Fortunately, I also teach the subject of Gratuity, as a part of 'Retirement Planning'.

In fact, our Organisation, SBM Pensioners' Commune is the first Organisation to demand inclusion of temporary/contract service before permanent appointment for calculation of Gratuity.  We have represented to Management with full knowledge, information and Judgements.

 

Thanks, a Million.

With regards,
Prasad C N

---

From: venkat rao <venka...@yahoo.co.in>
To: bankpe...@googlegroups.com
Sent: Tuesday, 6 September 2011 9:53 AM

[Srinivasan Rajagopalan]

The matter has to be taken earnestly by the retirees federation so that the increased gratuity benefit is made available to all those retired from 1.1.2006 to 23.5.2010.  Many retirees will be befitted.  Is some body listening?

S.Rajagopalan
Manager (Retired)
Punjab National Bank
Head Office (New Delhi)

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[lajpat rai]

Mr Prasad I fully endorse your views. L R Thakral --- On Tue, 6/9/11, Prasad C N <cn_pr...@yahoo.com> wrote:

[bass]

Dear all,

Govt as an employer has not increased the gratuity on its own,
voluntarily. It was happened because of so many demands,struggles and
ultimately pay commission recommendations that too with an inordinate
delay to take such a decission.

People after working so many years in a disciplined industry like
banking and knowing well the cost of labour and various workmen rules
and acts which are safeguarding the employees, still are unable to
understand the legitimate rights and how much to strugggle to get a
piece of demanded benefit.

What we are enjoying to-day, is the result of so many reforms in the
labour act etc., which we are able to get with so many agitations,
fights years to gether. Govt never passed on a simple benefit in the
history without having severe struggle and demand.

Some gentlemen in this forum are feeling that the central govt
employees are not feeling the pinch of 10 lacs ceiling. Every union or
trade union will compromise at certain level, over a period of their
struggle. That does not mean that it was the end for the struggle. The
present ceiling for them is also not for life time. Same is the case
with the bank employees.

The question here is regarding the sufferers who retired in between
1.1.2006 to 23.5.2010 who are unable to get the real and full benefits
of the enhanced gratuity. If we are inteligent and knowledgeable
persons, let us try to help them and show a possitive way/direction.

If nothing is there to demand against the act passed in the
parliament, why lakhs of people are feeling it as injustice and
raising their voices before national human resources commission and
why almost all the unions have started demanding for reviewing the act
w.e.f.1.1.2006 and why cases were filed in the courts for natural
justice in gratuity ? Means, there are so many knowledgeable persons
who realised the loss with this effective date.

Let us strengthen these voices with a POSITIVE attitude.

S.M.BASHA

On Sep 7, 8:01 am, lajpat rai <thukrallajpat2...@yahoo.co.in> wrote:
> Mr Prasad
> I fully endorse your views.
> L R Thakral
>

> --- On Tue, 6/9/11, Prasad C N <cn_prasa...@yahoo.com> wrote:

>
> From: Prasad C N <cn_prasa...@yahoo.com>
> Subject: Re: bankpensioner GRATUITY ENHANCEMENT
> To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
> Date: Tuesday, 6 September, 2011, 10:58 PM
>
> Dear Mr.Pilla Nageshwara Rao,
> There are differences between payment of Gratuity by the Government and Banks.  There is also Gratuity agreement and earlier many bank retirees got more than Rs.3.50 lacs, when the ceiling was Rs.3.50 lacs.  Now, we may a section of employees who may get more than Rs.10.00 lacs as Grauity on account of Gratuity Agreement, where as Gratuity payable to Central Government employees can never get more than the Gratuity ceiling.  Why we do not feel that Central Government employees also feel that they should also be paid like Bank
>  employees get Gratuity over and above the amount payable under Payment of Gratuity Act.  
> You have also forgotten that the Government as an employer has increased the ceiling.  Labour ministry has not increased the ceiling for Central Government employees.  It is ministry of Personnel. There is no bar on other employer from increasing the ceiling.  The ceiling or Gratuity amount is the minimum, not the maximum.  For Bank employees, Rs.10.00 lac ceiling is not applicable and it is only applicable for payment under Payment of Gratuity Act.
> Perhaps, one may feel why
>  other Opposition parties kept quite, when the date is notified.  The Hon'ble Labour Minister announced that there are many industries which do not have financial strength to pay from earlier date.  For, employees, payment of their Salary is important, it is not the Gratuity.  Unfortunately, Banks are also bracketed with other such industries and Banks include Private Banks also.
> Whatever I am expressing regarding these issues, it is with full knowledge and understanding of the subject.  Fortunately, I also teach the subject of Gratuity, as a part of 'Retirement Planning'.
> In fact, our Organisation, SBM Pensioners' Commune is the first Organisation
>  to demand inclusion of temporary/contract service before permanent appointment for calculation of Gratuity.  We have represented to Management with full knowledge, information and Judgements.
>  Thanks, a Million.
>
> With regards,
> Prasad C N

> From: venkat rao <venkatra...@yahoo.co.in>

> To: bankpe...@googlegroups.com
> Sent:
>  Tuesday, 6 September 2011 9:53 AM
> Subject: Re: bankpensioner GRATUITY ENHANCEMENT
>
> I think Mr.P.Nageshwararao is correct.The bank unions have failed in the matter completely.The pension,gratuity and PF are the common issues which affect majority of the workers in organised sector.So it is the bounden duty of UBFU to fight sincerely to get gratuity benefit from01/01/2006.Our SBM VRS/EXIT retirees are still fighting for 5 years notional service benefit even though the nationalised retirees under VRS got benefit long back because of wise judgement of all stakeholders in the matter.
> Thanks a billion
> Venkatrao.H
> SBM Mysore
>

> From: Pilla Nageswara Rao <pnageswararao1...@gmail.com>

> To: bankpe...@googlegroups.com
> Sent: Mon, 5 September, 2011 4:42:39 PM
> Subject: Re: bankpensioner GRATUITY ENHANCEMENT
>

>  Mr. Prasad CNYou are linking two different matters.  Pension scheme in Central Government was introduced by Central Government where as pension scheme in banks was by a settlement between  Bank Unions/Associations and and Managements of all banks through IBA, while gratuity scheme is the scheme implemented by Central Government for all (both central Government employees and others including banks) and the ceiling limit was same (3,50,000/-) and now enhanced to 10,00,000/-).

> My question is when it was declared by Central Government on one and the same day why should the dates of implementation dates be different.  Please try to know the difference before reacting.  Perhaps you are not aware of the above difference.

> Rgds,P Nageswara Rao 

>
> On Mon, Sep 5, 2011 at 12:44 PM, Prasad C N <cn_prasa...@yahoo.com> wrote:
>
> Dear Mr.Nageshwar Rao,
> I am surprised to note that you have raised your point of discrimination in respect of Central Government Employees, in terms of Payment of enhanced Gratuity from 1.1.2006.  
>
> How about the following ?
> a. Different pay structure within the same industry performing same job with same responsibility and with same qualification (SBI Vs others)
>
> b. Central Government introduced New Pension Scheme with effect from 1.1.2004.  Can we say, we need uniformity and therefore implement ?
>
> Please remembers 'Rules are double edged Sword',  It hurts both
>  sides. Thanks, a Million.
>
> With regards,
> Prasad C N
>

> From: Pilla Nageswara Rao <pnageswararao1...@gmail.com>

> To: bankpe...@googlegroups.com
>
> Sent: Sunday, 4 September 2011 3:34 PM
> Subject: bankpensioner GRATUITY ENHANCEMENT
>
> Dear Sir,
> While the gratuity enhancement limit was notified  by Central  government making employees of Central Government retired wef 1.1.2006 and for the rest including Central Govt PSUs wef 24.05.2010 thereby
>  making the retirees from 1.1.2006 to 23.05.2010 of other than Central Goverment deprived of the benefit.  Why should there be such discremination between Central Govt. employees and others when the act is ammended on one and thesame day?  Can we not fight for justice in this respect?  Is there any move on this front from  Bank retirees' associations or Bank pensioners group?  
>

> RgdsP Nageswara Rao

>
> Retiree of June 2009
>
> --
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>
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>
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>
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>
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[ravi jain]

sir,

Every thing which employee gets is with the struggles and not given on platter by managements/govt.  Gratuity is one case for which unions are fighting to be given from 01/01/06 but if any union is fighting for bank's retiree for updation and other pension matters since 1995. dont elaborating in details i may add that when there are selfish interests of persons/groups then only the fingres are raised and demands are made and no one even in your own group bothers about wrongdoing to others except advice. the persons getting enhanced gratuity from 24/05/10 are not bothered for a persons of 23/05/10 and previous dates except lip sympathy. so dont raise fingures on anyone about his comments but only try to give your comments/opinions.

be happy

ravi jain (PSB)

[bass]

Thank you Mr.Ravi Jain for showing me a way and not to waste my time.
Thank U.

S.M.BASHA

On Sep 7, 2:01 pm, ravi jain <ravijain...@gmail.com> wrote:
> sir,
> Every thing which employee gets is with the struggles and not given on
> platter by managements/govt.  Gratuity is one case for which unions are
> fighting to be given from 01/01/06 but if any union is fighting for bank's
> retiree for updation and other pension matters since 1995. dont elaborating
> in details i may add that when there are selfish interests of
> persons/groups then only the fingres are raised and demands are made and no
> one even in your own group bothers about wrongdoing to others except advice.
> the persons getting enhanced gratuity from 24/05/10 are not bothered for a
> persons of 23/05/10 and previous dates except lip sympathy. so dont raise
> fingures on anyone about his comments but only try to give your
> comments/opinions.
> be happy
> ravi jain (PSB)
>

> ...
>
> read more »

[ravi jain]

sir,

you are not wasting time but giving your opinion as prasad has given. so go on discussing without raising objection against any one. 

be happy

ravi jain (PSB) 

[y.manickam]

Any amount of explanations will not make good the glaring loss to the
unfortunate retirees of the 01/01/2006/23/05/2010 batch.Despite the
reasons stated the ASSNS./UNIONS have not pursued with earnestness in
this matter.They should/would have got it with a timely action . As
per the statement citing payment of gratuity over and above the limit
to some employees ,well we are happy but why this was not made
applicable to all?any legal hurdle could have been overcome as, as per
your statement,, the employer(govt.) has increased the ceiling for
govt. employees,here it is to be substituted with BANKS in the place
of GOVT. and BANK EMPLOYEES in the place of GOVT.EMPLOYEES.If as per
your statement there are employers who cannot pay,why the employer who
can pay has not made the payment?the worse part is dating.A person
upto 23/05/2010 not eligible,a person from 24/05/2010 gets a hike of
6.50 lakhs over night.The grumblings of the unfortunate retirees group
is 100%correct,what with more than 30 to 40 years of service ,over the
raw deal meted out to them.The increase to Rs.10lakhs is a recurring
expenditure to all banks and if they can afford why not for the few
retirees between01/01/2006 to 23/05/2010?THE GOVT,.MINISTRY OF
LABOUR ,THE UNIONS , ASSOCIATIONS AND BANK /PUBLIC SECTOR MANAGEMENTS
HAVE BETRAYED THEIR SENIOR EMPLOYEES AND LET THEM DOWN VERY VERY
BADLY.THIS IS THE FACT, BITTER FACT.SORRY STATE OF AFFAIRS.

On Sep 6, 10:28 pm, Prasad C N <cn_prasa...@yahoo.com> wrote:
> Dear Mr.Pilla Nageshwara Rao,
>
> There are differences between payment of Gratuity by the Government and Banks.  There is also Gratuity agreement and earlier many bank retirees got more than Rs.3.50 lacs, when the ceiling was Rs.3.50 lacs.  Now, we may a section of employees who may get more than Rs.10.00 lacs as Grauity on account of Gratuity Agreement, where as Gratuity payable to Central Government employees can never get more than the Gratuity ceiling.  Why we do not feel that Central Government employees also feel that they should also be paid like Bank employees get Gratuity over and above the amount payable under Payment of Gratuity Act.  
>
> You have also forgotten that the Government as an employer has increased the ceiling.  Labour ministry has not increased the ceiling for Central Government employees.  It is ministry of Personnel. There is no bar on other employer from increasing the ceiling.  The ceiling or Gratuity amount is the minimum, not the maximum.  For Bank employees, Rs.10.00 lac ceiling is not applicable and it is only applicable for payment under Payment of Gratuity Act.
>
> Perhaps, one may feel why other Opposition parties kept quite, when the date is notified.  The Hon'ble Labour Minister announced that there are many industries which do not have financial strength to pay from earlier date.  For, employees, payment of their Salary is important, it is not the Gratuity.  Unfortunately, Banks are also bracketed with other such industries and Banks include Private Banks also.
>
> Whatever I am expressing regarding these issues, it is with full knowledge and understanding of the subject.  Fortunately, I also teach the subject of Gratuity, as a part of 'Retirement Planning'.
>
> In fact, our Organisation, SBM Pensioners' Commune is the first Organisation to demand inclusion of temporary/contract service before permanent appointment for calculation of Gratuity.  We have represented to Management with full knowledge, information and Judgements.
>
>  
> Thanks, a Million.
>
> With regards,
> Prasad C N
>
> ________________________________

> From: venkat rao <venkatra...@yahoo.co.in>

> To: bankpe...@googlegroups.com
> Sent: Tuesday, 6 September 2011 9:53 AM
> Subject: Re: bankpensioner GRATUITY ENHANCEMENT
>
> I think Mr.P.Nageshwararao is correct.The bank unions have failed in the matter completely.The pension,gratuity and PF are the common issues which affect majority of the workers in organised sector.So it is the bounden duty of UBFU to fight sincerely to get gratuity benefit from01/01/2006.Our SBM VRS/EXIT retirees are still fighting for 5 years notional service benefit even though the nationalised retirees under VRS got benefit long back because of wise judgement of all stakeholders in the matter.
> Thanks a billion
> Venkatrao.H
> SBM Mysore
>
> ________________________________

> From: Pilla Nageswara Rao <pnageswararao1...@gmail.com>

> To: bankpe...@googlegroups.com
> Sent: Mon, 5 September, 2011 4:42:39 PM
> Subject: Re: bankpensioner GRATUITY ENHANCEMENT
>
> Mr. Prasad CN
> You are linking two different matters.  Pension scheme in Central Government was introduced by Central Government where as pension scheme in banks was by a settlement between  Bank Unions/Associations and and Managements of all banks through IBA, while gratuity scheme is the scheme implemented by Central Government for all (both central Government employees and others including banks) and the ceiling limit was same (3,50,000/-) and now enhanced to 10,00,000/-).
> My question is when it was declared by Central Government on one and the same day why should the dates of implementation dates be different.  Please try to know the difference before reacting.  Perhaps you are not aware of the above difference.
> Rgds,
> P Nageswara Rao 
>

> On Mon, Sep 5, 2011 at 12:44 PM, Prasad C N <cn_prasa...@yahoo.com> wrote:
>
> Dear Mr.Nageshwar Rao,
>
>
>
> >I am surprised to note that you have raised your point of discrimination in respect of Central Government Employees, in terms of Payment of enhanced Gratuity from 1.1.2006.  
>
> >How about the following ?
>
> >a. Different pay structure within the same industry performing same job with same responsibility and with same qualification (SBI Vs others)
>
> >b. Central Government introduced New Pension Scheme with effect from 1.1.2004.  Can we say, we need uniformity and therefore implement ?
>
> >Please remembers 'Rules are double edged Sword',  It hurts both sides.
> > 
> >Thanks, a Million.
>
> >With regards,
> >Prasad C N
>
> >________________________________

> >From: Pilla Nageswara Rao <pnageswararao1...@gmail.com>

> >To: bankpe...@googlegroups.com
> >Sent: Sunday, 4 September 2011 3:34 PM
> >Subject: bankpensioner GRATUITY ENHANCEMENT
>
> >Dear Sir,
>
> >While the gratuity enhancement limit was notified  by Central  government making employees of Central Government retired wef 1.1.2006 and for the rest including Central Govt PSUs wef 24.05.2010 thereby making the retirees from 1.1.2006 to 23.05.2010 of other than Central Goverment deprived of the benefit.  Why should there be such discremination between Central Govt. employees and others when the act is ammended on one and thesame day?  Can we not fight for justice in this respect?  Is there any move on this front from  Bank retirees' associations or Bank pensioners group?  
> >Rgds
> >P Nageswara Rao
> >Retiree of June 2009
> --
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>
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[ravi jain]

sir,

we are discussing that gratutity should be paid from 01/01/2006. what is the relevence of this date with banks. for govt it is the date of  implementation of new pay commission as in our cases settlements are done from different dates and cut off date should be accordinly fixed.. further the banks employees have been given option of pension upto 2010 but govt cut off date is 2004. now central govt employees should also fight for pension optiopn at least upto 2010 as done for banks. govt employees are given updation , medical all, LTC, old age allowance and other facilities but banks retirees are not given. in short govt want to show banks as different class from govt employee and benefits of both are not same, divide and rule is the policy. 

be happy

ravi jain (PSB) 

 

[Prasad C N]

Dear friends,

Please remember, IBA represents non-public sector Banks also (i.e Private Banks).  The Banks are paying more than Gratuity ceiling, if amount payable under agreement is more than amount payable under Act.  

You are talking about loss of Rs.6.50 lacs.  Please find out what is the loss for those PF optees who retired on 26.04.2010.  What about those who retired on 31.12.1985. If the date fixed is 1.6.2006, then what about those who retired on 31.5.2006.

 

I repeat, Gratuity payable to a Bank employee can be more than Rs.10 lacs, now and was more than Rs.3.50 lacs.  Our Unions have entered into an Agreement a long time back.

Thanks, a Million.

With regards,
Prasad C N

---

From: y.manickam <manic...@gmail.com>
To: bankpensioner <bankpe...@googlegroups.com>
Sent: Wednesday, 7 September 2011 5:54 PM

> >To unsubscribe from this group, send email to bankpensioner+unsub...@googlegroups.com.

> >For more options, visit this group athttp://groups.google.com/group/bankpensioner?hl=en-GB.
>
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>
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[ravi jain]

Dear Prasad ,

your views are right.

be happy

ravi jain (PSB)

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[sureshbhat M]

Dear Sirs

     Those who retired between 01/01/2006 to 23/05/2010 are really unfortunate to loose enhanced gratuity. But very those people- during their service- did not fight for the cause of pension updation of those retired before 2002, untill they retire. During their service they did not influence their unions to set right it (may be they were busy calculating higher arrears by depriving old pensioners,  in the next settlement). Now very same unions are taking the very same interest towards the retirees of 2006 to 2010as ALL THE PENSIONERS ARE SAME- HOW OLD IS IMMATERIAL. 

     AT LEAST WE HAVE TO APPRECIATE ALL THE UNIONS AS THEY ARE VERY VERY IMPARTIAL TOWARDS ALL THE PENSIONERS and never care for any pensioner. 

With regards

Suresh Bhat M

Canara Bank SVRS

........................................................

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[ravi jain]

sir,

keep this spirit.

be happy

ravi jain

[y.manickam]

The relevance is to have the same date of effect.In future when
similar problems rise it can be quoted as a precedence and discussions
be made with this back ground.Hereabouts i state that if the PUBLIC
SECTOR UNDERTAKINGS AND BANKS say that funds are not available,IT IS
NOTHING BUT BLATANT LIES.While providing crore and crores for bad
loans write off ,payment of REVISED GRATUITY is definitely possible to
pay these few retirees numbering about 200+ only for each bank.Will
any of the past and present employees agree if the banks say they are
helpless o/a less profit and shortage of funds?We quote several
reasons and also side track this genuine issue whenever the topic pops
up.I have no malice towards anybody in making this statements.It is
for all retirees i plead for implementation of revised gratuity from
01/01/2006.Friends ,there may be several justifications but the fact
remains that WE HAVE BEEN TAKEN FOR A RIDE viz.viz.REVISED GRATUITY
IMPLEMENTATION.GOOD LUCK AND HAPPY ONAM TO ALL OF YOU.

On Sep 8, 8:54 am, ravi jain <ravijain...@gmail.com> wrote:
> sir,
> we are discussing that gratutity should be paid from 01/01/2006. what is the
> relevence of this date with banks. for govt it is the date of
> implementation of new pay commission as in our cases settlements are done
> from different dates and cut off date should be accordinly fixed.. further
> the banks employees have been given option of pension upto 2010 but govt cut
> off date is 2004. now central govt employees should also fight for pension
> optiopn at least upto 2010 as done for banks. govt employees are given
> updation , medical all, LTC, old age allowance and other facilities but
> banks retirees are not given. in short govt want to show banks as different
> class from govt employee and benefits of both are not same, divide and rule
> is the policy.
> be happy
> ravi jain (PSB)
>

> On 7 September 2011 17:54, y.manickam <manicka...@gmail.com> wrote:> Any amount of explanations will not make good the glaring loss to the

[y.manickam]

DEAR SHRI PRASAD,within the banks there are anomalies,but REVISED
GRATUITY EFFECTIVE DATE is common for all employees.This will have a
uniform effect in all banks since the amount and date of
implementation being the same all retirees of this batch irrespective
of the bank they have worked and retired will stand to be benefited.As
DHARMAPUTRA said we 105 when we fight an outsider.Hope this much of
elucidation is enough,now let us know in clear terms whether there any
hope still in this matter,and whether the EMPLOYEE REPRESENTATIVES are
taking up with the banks on the lines given by the HON.MINISTER.
REGARD AND PRANAMS,I am not harsh on you personally and admire your
inner knowledge in several matters.

On Sep 8, 9:30 pm, ravi jain <ravijain...@gmail.com> wrote:
> sir,
> keep this spirit.
> be happy
> ravi jain
>

> On 8 September 2011 13:06, sureshbhat M <sureshbh...@gmail.com> wrote:> Dear Sirs

>
> >      Those who retired between 01/01/2006 to 23/05/2010 are really
> > unfortunate to loose enhanced gratuity. But very those people- during their
> > service- did not fight for the cause of pension updation of those retired
> > before 2002, untill they retire. During their service they did
> > not influence their unions to set right it (may be they were busy
> > calculating higher arrears by depriving old pensioners,  in the next
> > settlement). Now very same unions are taking the very same interest towards
> > the retirees of 2006 to 2010as ALL THE PENSIONERS ARE SAME- HOW OLD
> > IS IMMATERIAL.
>
> >      AT LEAST WE HAVE TO APPRECIATE ALL THE UNIONS AS THEY ARE VERY VERY
> > IMPARTIAL TOWARDS ALL THE PENSIONERS and never care for any pensioner.
>
> > With regards
> > Suresh Bhat M
> > Canara Bank SVRS
> > ........................................................

> >   On Wed, Sep 7, 2011 at 11:32 PM, Prasad C N <cn_prasa...@yahoo.com>wrote:
>
> >>  Dear friends,
>
> >> Please remember, IBA represents non-public sector Banks also (i.e Private
> >> Banks).  The Banks are paying more than Gratuity ceiling, if amount payable
> >> under agreement is more than amount payable under Act.
>
> >> You are talking about loss of Rs.6.50 lacs.  Please find out what is the
> >> loss for those PF optees who retired on 26.04.2010.  What about those who
> >> retired on 31.12.1985. If the date fixed is 1.6.2006, then what about
> >> those who retired on 31.5.2006.
>
> >> I repeat, Gratuity payable to a Bank employee can be more than Rs.10 lacs,
> >> now and was more than Rs.3.50 lacs.  Our Unions have entered into an
> >> Agreement a long time back.
>
> >> Thanks, a Million.
>
> >> With regards,
> >> Prasad C N

> >>  ------------------------------
> >> *From:* y.manickam <manicka...@gmail.com>
> >> *To:* bankpensioner <bankpe...@googlegroups.com>
> >> *Sent:* Wednesday, 7 September 2011 5:54 PM
> >> *Subject:* Re: bankpensioner GRATUITY ENHANCEMENT

> >> > >For more options, visit this group at
> >>http://groups.google.com/group/bankpensioner?hl=en-GB.
>
> >> > --
> >> > >You received this message because you are subscribed to the Google
> >> Groups "bankpensioner" group.
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> >> .

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> >> unsub...@googlegroups.com.

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>
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>
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[bass]

Dear Manickam Sir,

Your views are in line with hundreds and thousands of employees. Your
expressions and frustration is very much appreciable. In fact, during
May 2010, before the bill was passed in the parliament, all unions
have represented the matter enmass and thousands of messages flowed in
the net at different sites.

You please go through the AIBOC circular 73 dt: 22.05.2010 which is
self explanatory, wherein the following points were discussed.

The bill was passed by the cabinet committee without mentioning the
effective date.
The lok sabha cleared the same.
The President of India also passed the bill without effective date.
Everybody left the discretion to the Govt. But ultimately, the govt
released it with prospective date, after clearance from Legal
ministry.

There was huge uproar after 24.5.2010 and hundreds and thousands of
messages expressed the act as cruel and requested for its
reconsideration. Still the matter is pending with govt, only follow up
and active pursuation is required from our side i.e.unions of almost
all industries.

If the bill extends the coverage to bank employees, not only the
retiree group from 1.1.2006 to 23.5.2010, but all retirees till date
and FUTURE RETIREES ALSO will be benefited because of non taxable
upto 10 lac.

Personally I got more than 3.5 lac at the time of retirement, as per
"service guidelines gratuity" which was more beneficial compared to
"statutory gratuity", but paid huge amount of tax over above 3.5 lac.
After revision of scales, I got arrears of gratuity in view of new
scales and again huge amount of tax was paid.

The unions, especially bank unions are fighting for this not only for
the benefit of retirees from 1.1.2006, but for future retirees to
avoid tax burden (>3.5 lac)

Several retiree associations are also on the job and strengthening the
fight. As an ex employees, we must be 105, as U said, till we succeed.

Sir, Pl be in touch with AIBOC or any appex level union and share the
views in this forum, with the same POSITIVE ATTITUDE, for the benefit
of all.

With regards
S.M.BASHA

> ...
>
> read more »

[Pilla Nageswara Rao]

Dear Mr. Prasad,

Referring to your mail of 7th September. I am to state I did not mean that Bank officers would get 10,00,000/- as gratuity on this enhancement of gratuity by amendment to gratuity act.  I know that bank employees get gratuity as per Bank's scheme more than the then ceiliing limit of Rs.3,50,000/- and even after enhancement it may/may not be more than that.  But in view of the ehancement the  limit for attracting tax gets revised to ten lakhs and as such the bank employees would have been benefited by exemption of tax on gratuity amount over and above Rs.3,50,000/-, had the effective date for other than central government employees been determind as 1.1.2006 along with Central Government employees as the bill was passed on one and the same date and not on a different date.  Am I correct? or even now the taxable gratuity amount remains the same as 3,50,000/-?   In my case I had to pay tax of 24,205/-(incl ed cess) on gratuity amount.

Regards

PNageswara Rao

[Prasad C N]

Dear Mr.Manickam,

There is nothing wrong in expecting improvements.  Even I am also happy if there are improvements and I may also be a beneficiary.

I had to clarify the correct position and implication.  We should also think about the possibility of securing the benefit.

There are two types of benefits.  Some benefits can be claimed as a 'legal right'.  5 year notional service, 50% pay, Updation, 100% nutralisation, Inclusion of Leave on loss of pay/Temporary service for calculation of Gratuity/Pension etc. are examples where affected retirees have legal right to claim.  

But, there are many issues like another option for pension, increase in pension, etc are not part of issues where we claim benefit as a legal right.  It can be achieved only through request, appeal, strike, etc.  

Unfortunately, effective date of Gratuity is in the second category and effective date can be earlier to 24.5.2010, only for Bank employees, if Bank Managements agree.  It is difficult to expect the Government to alter the effective date, as this has implication on several industries which are incurring loss or barely managing to pay salary.

 

For any Trade Union, priority is 'Roti'.  If any Organisation feels that such an action is going to affect any such group of people who are likely to forego existing benefit, then that Organisation will certainly oppose such a move or do not pursue such an issue.  

All of you are experienced, matured and knowledgeable.  You have managed branches, including large branches.  You have full information at your command. Please think logically

and prudently.  Please think what you would have done, if you are in a present decision maker's position.  Thereafter, raise issues.  

Once, you do home work and you are confident that it is possible to achieve, then think and suggest way and means to achieve it.  Please do not raise issues, without understanding law, meaning, cost, applicability, possibility, etc.

Thanks, a Million.

With regards,
Prasad C N

From: y.manickam <manic...@gmail.com>
To: bankpensioner <bankpe...@googlegroups.com>

Sent: Friday, 9 September 2011 9:55 AM
Subject: Re: bankpensioner Bankpensioner GRATUITY ENHANCEMENT

> >> bankpensioner+unsub...@googlegroups.com.

> >> For more options, visit this group at
> >>http://groups.google.com/group/bankpensioner?hl=en-GB.
>
> > --
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[bass]

Dear Sir,

One recent example I want to quote. When negotiations starts for 9th
bipartite, the govt & iba offered 3-4% benefit and beyond that not
ready even to continue further dialogue. On the other hand, more than
50% benefit was given to central govt employees basing on the
recommendations of the pay commission. In real terms, they have to
give more than 50% benefit to bank officers basing on the risk
undertaken by the poor bank officer comparing to any govt official and
performing crucial role in earning crores of profit and as a result
increasing GDP.

Ultimately, by exploiting the weekness of the unions, successfully
restricted the benefit to 17.5% only against the genuine demand of
30%. The govt , at least has not think about the real cost of services
rendered by the bank employees which are very much helpful to them to
give handsome salaries to its employees and to run their governments
peacefully. Post settlement profits of the banks proves that the huge
burden wage revision is not a real burden at all.

Same is the case with gratuity. Mr.Manickam sir's first message is
sufficient to understand the mood of an average bank retiree.

Leave all these things. A few years back what were the salaries of
central govt employees ? Minimum 30 to 40% less than us. Now, the
scene was reversed. If the govt has think lawfully and taken the cost
of services, this might not be happen. Our request to extend the
gratuity benefit which was given to central govt employees is just
demand on humanitarian grounds and not an innovated one.

I request every body to co-operate and support the genuine cause.

With regards,
S.M.BASHA

On Sep 9, 7:57 pm, Prasad C N <cn_prasa...@yahoo.com> wrote:
> Dear Mr.Manickam,
>
> There is nothing wrong in expecting improvements.  Even I am also happy if there are improvements and I may also be a beneficiary.
>
> I had to clarify the correct position and implication.  We should also think about the possibility of securing the benefit.
>
> There are two types of benefits.  Some benefits can be claimed as a 'legal right'.  5 year notional service, 50% pay, Updation, 100% nutralisation, Inclusion of Leave on loss of pay/Temporary service for calculation of Gratuity/Pension etc. are examples where affected retirees have legal right to claim.  
> But, there are many issues like another option for pension, increase in pension, etc are not part of issues where we claim benefit as a legal right.  It can be achieved only through request, appeal, strike, etc.  
>
> Unfortunately, effective date of Gratuity is in the second category and effective date can be earlier to 24.5.2010, only for Bank employees, if Bank Managements agree.  It is difficult to expect the Government to alter the effective date, as this has implication on several industries which are incurring loss or barely managing to pay salary.
>  
> For any Trade Union, priority is 'Roti'.  If any Organisation feels that such an action is going to affect any such group of people who are likely to forego existing benefit, then that Organisation will certainly oppose such a move or do not pursue such an issue.  
>
> All of you are experienced, matured and knowledgeable.  You have managed branches, including large branches.  You have full information at your command. Please think logically
> and prudently.  Please think what you would have done, if you are in a present decision maker's position.  Thereafter, raise issues.  
>
> Once, you do home work and you are confident that it is possible to achieve, then think and suggest way and means to achieve it.  Please do not raise issues, without understanding law, meaning, cost, applicability, possibility, etc.
>
> Thanks, a Million.
>
> With regards,
> Prasad C N
>
> ________________________________

> From: y.manickam <manicka...@gmail.com>

> ...
>
> read more »

[y.manickam]

DEAR SHRI PASHA, retirees from 24/05/2010 are already getting it,so as
i repeatedly say,the retirees of this batch,a few hundreds in number,
have been literally ditched and cheated.I very much doubt if this
issue is still alive except somebody like me makes repeated
reference.I have this doubt because in the AGENDA for the recent
strike of AUGUST2011, REVISED GRATUITY PAYMENT W.E.F. 01/01/2006 was
not included at all.Do you think the LEADERS are not aware of this?
They are aware but not interested in proceeding in this matter and if
i am wrong let them come out with the latest development in this
regard.UNIONS SHOULD HAVE GOT IT BY NOW AT ANY COST.I am afraid the
matter has become a damp squib.What was our right and what should have
been settled in our favour is still to see the light of the day.The
court cases for pension matters have nothing to do with this.This is
something between the BANKS AND THE EMPLOYEES ASSNS. for
settlement.Even an ordinary person will understand the justification
in our demand.When that is so,why we are STILL BEING TAKEN FOR A RIDE?
do you think passing of a bill /giving ascent to it without a clear
cut date was CORRECT?It is penny wise and pound foolish.CRORES OF
CRORES looted on one side,genuine and rightful demand not considered
on the other side.Anybody who tries to defend the injustice done to us
is nothing but A HYPOCRITE as far as the losing pensioners are
concerned.WITH REGARDS

[yoge...@indiatimes.com]

Dear Mr. Rao
I fully agree with what you have said. Idea is not that if thelimit is enhanced to 10 lac every body will get some thing extra.The fact is that if the limit is increased every body will save something in I Tax.
Yogeshwar sharma

----- Original Message -----

From: Pilla Nageswara Rao

To: bankpe...@googlegroups.com

Sent: Fri, 9 Sep 2011 12:47:09 +0530 (IST)

[Prasad C N]

Dear Mr.Basha,

The increase for Central Govt employees is 30%.  Please go through my earlier mail regarding addition of load, wherein it is clearly mention about the percentage of Increase. (Pay commission recommendation is for 10 years).

The Bank employees have got more than 30% by taking into account aggregate of benefit of two settlement. 

Please verify facts, before commenting.  Now, please check pay of Central Government employee with same qualification,  who joined on the day you have joined.  Compare.   

For the FY 2010-11, Pay of Gazetted Officer, who has served for more than 30 years is Rs.452734/-.

They do not have perks like Banks Officers have.  Now, compare this with a salary of a Special Assistant, with both parts CAIIB, working in a metro.  He is drawing more than the above figures.  If any of you has got doubt, I am prepared to send Form 16 of both the cases.

 

Thanks, a Million.

With regards,
Prasad C N

---

From: bass <basha...@rediffmail.com>
To: bankpensioner <bankpe...@googlegroups.com>
Sent: Friday, 9 September 2011 11:50 PM

[bass]

Dear Sir,

Pl find some extracts from Pay commission site, which discussed the
salary difference between bankers and govt employees, for information.


"PSU Bank Salary : Lower than their Govt. counterparts.": SBI Staff
Association.
State Bank of India, it appears, will continue to struggle with the
problem of staff shortage unless the remuneration of its employees is
significantly stepped up.

According to the State Bank of India Staff Association, Bengal Circle,
more than 13,500 employees of the bank retired in 2008-09, and though
the bank recruited 33,000 people during the year, an estimated 40 per
cent of the new recruits left on account of the poor pay packets.

The bank’s business is growing and with it the expectations of its
customers about service quality. To render satisfactory customer
service, the bank will need a motivated workforce. But the association
apprehends it will not be possible to attract good people and thus
build a motivated workforce at the current levels of remuneration. The
problem will assume critical proportions in the next four years when a
large chunk of the existing employees retire.

Contrary to the general perception, the remuneration of bank employees
is poor vis-À-vis that of Central and State Government employees. As a
spokesman for the association points out, the total remuneration of a
clerk based in a metro and working in the lowest grade in SBI is Rs
7,919 per month, which is to rise to Rs 9,300 per month as per the
Indian Banks’ Association’s recent offer of a 17.5 per cent wage hike.
This compares poorly with the remuneration of a lower division clerk
in the West Bengal Government, whose starting monthly income is Rs
11,880 and that of an upper division clerk in the Central Government,
Rs 17,150.

A probationary officer in SBI starts with a salary of Rs 19,181 per
month and in other banks Rs 16,146, says the spokesman. Side by side,
under the State’s School Service Commission, a teacher with a Master’s
degree starts at a monthly salary of Rs 21,000, a teacher with an
Honours degree with Rs 19,000, and a teacher with a just pass degree
at Rs 16,800. A West Bengal Civil Service Grade ‘A’ Officer starts
with a salary of Rs 27,810, he adds.

Source : An article published in "The Hindu Business Line" on
14.08.2009
You might also like:

* SBI Staff Association signed agreement with management.State
Bank staff Special Pay : Details.
* State Bank staff to get more salary and pension, agreement
signed.
* Bank Wage Revision : SBI employees' association threatens
indefinite strike

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64 comments:

mohan lal said...

I read in a business magazine that Shri O.P. Bhatt, Chairman
joined SBI as Probationary Officer in 1972 as the salary of
Probationary Officer was 1.5 times the salary of IAS officer. What is
the present position?

Can Banks expect intelligent persons like Shri Bhatt to join the
Banking Industry, with the proposed salary structure. In future, the
Banks shall be manned by averagers and the results will also be
average, naturally. Do not expect miracles. Be ready. It is for IBA/
Government of India to ponder over.

mohan
August 30, 2009 7:20 PM
BALAN said...

LET THE GOVERNMENT FIX THE SALARY OF THE GENERAL MANAGERS OF
NATIONALISED BANKS ON PAR WITH THE CABINET SECRETARY IN A RUNNING
SCALE. THE LEVEL OF DEPUTY GENERAL MANAGERS CAN BE EQUATED WITH THE
SECRETARY AGM WITH THE PROFESSOR IN UGC SCALES THE STARTING SALARY FOR
THE SCALE I OFFICER CAN BE ON PAR WITH IAS OFFICER WITH GRADE PAY AND
OTHER THINGS. THEN AFTER FIXING THESE SCALES LET THEM ARRIVE THE
SCALES FOR AWARD STAFF, THE PERCRNTAGE INCREASE WILL BE DEFINITELY
MORE THAN 40% LET THE GOVT FIX THE SETTLEMENT PEREOD FROM 01NOV 2007
TO 31 DEC 2015. IF THE GOVT/IBA MISS THIS OPPURTUNITYTO RECTIFY THE
ANOMALY IN THE BANKING INDUSTRY EVEN GOD WILL NOT SAVE THE INDUSTRY
FROM BECOMING SICK AND INEFFICIENT AND CENTRAL GOVT/IBA ALONE SHOULD
TAKE THE RESPONSIBILITY FOR THE SORRY STATE OF AFFAIRS. THE INDUSTRY
MAY NOT BE IN A POSITION TO ATTRACT TALENTS .NOT TO SPEAK OF CAMPUS
PLACEMENTS . AS THE OLD GENERATION IS RETIRING AT A FASTER RATE , THE
GOVT SHOULD CONSIDER THINGS IN THE RIGHT SPIRIT AND CONSIDER BANK
EMPLOYEES ALSO LIKE CENTRAL GOVT/ PUBLIC SECTOR EMPLOYEES INSTEAD OF
TREATING THEM AS UNTOUCHABLES LET GOD SAVE THE BANKING INDUSTRY /
EMPLOYEES FROM THE UNWANTED HARRASMENT IN RESPECT OF PAY REVISION/
PENSION OPTION /UPDATION . THESE THINGS WILL GET ABSORBED IN THE
PROFITABILITY. WHY THE GOVT WENT OUT OF THE PAY TO PLEASE THE ENTIRE
WORK FORCE UNDER ITS CONTOL AT THE COST OF HUGE FISCAL DEFICIT AND
SINGLING OUT BANK EMPLOYEES EVEN THOUGH IT CAN COME FROM THE INDUSTRYU
ITSELF . WHO IS GOING TO ANSWER . WHO IS GOING TO DECIDE THINGS IN THE
CORRECT WAY A MILLION DOLLAR QUESTION WITH NO SOLUTION AS EVEN AFTER
NEARLY A MONTH NOBODY BOTHERED ABOUT THE REVISION.
August 30, 2009 9:15 PM
AMITAVA MITRA said...

Dear Balan, Pl think how an IAS officer gets selected first, then
compare their salary to bankers. The best merits come in the
bureaucracy, so do not even think a mere bank P.O. will be at par with
them !!!
August 31, 2009 9:19 PM
BALAN said...

dear amitava mitra,
I dont know where you are working or your line of activity. i am a
retired bank officer , during 1979 the government ( same congress
govt ) has standardised the scale of pay of bank officers under the
name of pillai committee and brought down the salary to the level of
central govt officers stating that the nature of work isthe same.
scale i officer was equated to class i officer in the 700 starting
cale. lecturers were also given the same start of pay. the maximum in
the bank scale during 1979 was 3000 whcih they equated to the cabinet
secretary . ie the maximum scale for gm was equal to the cabinet
secretary pay level, what happened to those logic now. the thing is
the successive pay commissions has increased the salaries in a
liberalised manner where as bipartite settlements were not yielded the
desired increase hence the anomaly. the readers should appreciate the
importance of financial sector which is a vibrant sector whose
employees also should be taken care of just like other government
sectors. govt is doing 100% injustice to the bankmen
September 1, 2009 6:41 PM

You can found so many articles like this which discussed basing on
facts during 2009-10 (the period of 9th BPS). Visit pay commission
site for more details.

With regards
S.M.BASHA

On Sep 10, 1:08 pm, Prasad C N <cn_prasa...@yahoo.com> wrote:
> Dear Mr.Basha,
> r

> The increase for Central Govt employees is 30%.  Please go through my earlier mail regarding addition of load, wherein it is clearly mention about the percentage of Increase. (Pay commission recommendation is for 10 years).
>
> The Bank employees have got more than 30% by taking into account aggregate of benefit of two settlement. 
>
> Please verify facts, before commenting.  Now, please check pay of Central Government employee with same qualification,  who joined on the day you have joined.  Compare.   
>
> For the FY 2010-11, Pay of Gazetted Officer, who has served for more than 30 years is Rs.452734/-.
> They do not have perks like Banks Officers have.  Now, compare this with a salary of a Special Assistant, with both parts CAIIB, working in a metro.  He is drawing more than the above figures.  If any of you has got doubt, I am prepared to send Form 16 of both the cases.
>  
> Thanks, a Million.
>
> With regards,
> Prasad C N
>
> ________________________________

> From: bass <basha_4...@rediffmail.com>

> ...
>
> read more »

[bass]

Dear Sir,

Pl find one more injustice in family pension to RBI employees
comparing to govt employees, which is another extract from Pay
commission site.(4.7.2011)

RBI Unions demand pension at par with Central Govt.
The employees' union of Reserve Bank of India demand equal pension
benefits on par with those of their counterparts working in central
government departments.
A chalking-a-strategy meet organized by joint body of all the unions
operating in the country's apex bank is to be held on July 7 in
Chennai, which in later stages would be followed by a protest march on
Tuesday. There is a special stress on increasing the family pension, a
dole given to the dependent spouse after the employee's death. The
family pension in RBI does not go more than Rs 7,688 a month for even
for a senior officer's kin, which is too less to compare it to the
rising cost of living, say unions. Family pension beneficiaries in RBI
are expected to run in a few thousands.

"RBI has enough funds to increase the pension but the government is
creating a hurdle. It feels that unions in other financial
institutions may raise a similar demand too but there are some
organizations which cannot afford a pension revision," alleged
Secretary of All India RBI Employees Association (AIRBIEA), Bidyut
Chakraborty.
However, RBI unions contend that if the central government employees
get a benefit even without any specific provision of funds, why should
not those serving the apex bank. The pay commission has increased
family pension to 30% of the last drawn pay.
The unions say RBI has a corpus of Rs 5,000 crore as collections
towards provident fund. A part of it can be easily diverted to pension
payment.
AT RBI, the dependents of senior officers get a maximum pension of Rs
7,688 a month which is Rs 23,604 in the case of central government.
The minimum monthly family pension for an RBI officers' dependent is
Rs 5,533 which is Rs 16,599 in the case of a central government
employee.
It is worse for the Class IV workers where the family pension does not
exceed Rs 3,715 a month while their counterparts in central government
get a maximum pension of Rs 11,145 per month, he said.
Chakraborty said the union has demanded a second option for pension
too. There are around 2,000 RBI employees who did not go in for
pension option the first time and many of them want to change their
decision, added Chakraborty.
A second option will enable them getting a monthly pension payment or
else a lumpsum provident fund is handed over. The pension is paid from
the bank's contribution towards an employee's PF.

Source : Times of India.

There are so many heart burning comparisions between bankers and
central govt employees.

With regards
S.M.BASHA

> ...
>
> read more »

[SBMPC Blore]

Dear friends,

As usual, information is picked up conveniently.  Please understand that in Bank employees case, one would reach maximum in 20 years and if you take into account Gratuation + CAIIB increments, then a clerk reaches maximum in 15 years.  Whereas, Central Govt employees' is spread over 25 to 30 years. This is not new.  A Bank employee overtakes pay of Central Government employee in 7 to 8 years time.

Therefore, please check up Pay commission report and pay scales.

Thanking you,

With regards,

Prasad C N

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[bass]

Dear Manickam Sir,

Pl find some extracts from "Taxguru.in" regarding some feelings on
gratuity effective date.

9 Responses to “Government Notified date from which new Gratuity Limit
of 10 lakh will come into force”
1. Sastry says:
April 13, 2011 at 9:06 pm

We can celebrate One year completion of discriminatory
implementation of Gratuity Act against PSU employees retired between
1.1.2006 to 23.05.2010, on May23rd2011. Election are round the
corner in 5 states. Still nothing is achieved.No takers for this
cause.This is the realty.
2. ms reddy says:
August 12, 2010 at 7:49 am

cbdt is to notify/clarify immediately that the enhanced limit of
gratuity exemption is applicable to PSU/Bank retired staff also to
avoid confusion.
3. VINOD KUMAR says:
July 7, 2010 at 5:10 pm

MR SALIAN, I FULLY ENDORSE UR VIEWS AND APPEAL TO THE AFFECTED
PEOPLE TO COME TOGETHER AND FIGHT THE CAUSE BECAUSE IT WILL BE AGAINST
THE PERSONS WHO INCREASE THEIR SALARIES BY NO OF TIMES (5TIMES OR 6
TIMES)AS THEY FEEL.PERTICULARLY I AM WITH U AND CAN JOIN HANDS WITH U
4 c.k. aggarwal says:
June 14, 2010 at 10:02 am
Dear sir,
I, hereby, fully endorsethe respectable submission made by sh.
K.A. Salian as above.

Really, the appointment of the effective date of Gatuity Act,
2010 by the Govt. of ndia, is really a shocking blow to the retired
employees of PSUs,banks and the that of Private establishmnets.

It has never been the precidence in Indian Democracy that while
ehancement of Gratuity limit in the past, a differnt yardstick is used
in between the Central Government employees and the employyes of PSU
including banks and Private establishment, as has been
discreminatorily done this time while appointment of differnt dates
giving effect to the imlementation of the revised quantum of Gratuity,
as enhanced from Rs. 3.5 lac to 10 lac.

- It is very pertinent to mention here the retired employees,
(during the period i.e form 1.1.2006 and before the date of
notification),who were having
exceedingly aspirations for getting hefty arrears with
retrospective effect on implementation of latest Gratuity Amendmenment
by the Govt., are badly hit and perturbed Over the Govt’s stance of
using discrimination in fixing the effective date for Central Govt vis-
a-vis for the retired employees of PSU, Banks and Private
establishments.

- Hence the Govt. Decision as such is totally
discriminatory ,against all cannons of equality and justice. This is
quite surprising one, that in a Parliamentary Democracy of our beloved
country ,how one act has differnt definition/meaning as regards
deliverences to the beneficiaris, of the benefits contained threin i.e
to the pleasures of a section of employees and a total dipleasure to
others, who also happen to be Citizens of the same Country.

- It is therefore, the appointed date of Gratuity i.e. 24.5.2010
against the expected desired date i.e.1.06.2006, is totally in
defiance to the Sprit of the Act Passed by both the August Houses of
Parliamrnt hence discriminatory, detrimental to the interest of the
retired employees and the Senior citizens as well and hence need to be
recondsidered, reviewed so as give it a retrospective effect.

The above submissions made, be taken in true spirits of Equity
Law and Justice to all the Citizens of this Democratic Republic of
India.

Manickam Sir, Many people like you, are on the job at various levels
with a fond hope to get govt consideration, regarding the gratuity
effective date.

With regards
S.M.BASHA


On Sep 9, 9:20 pm, "y.manickam" <manicka...@gmail.com> wrote:
> DEAIR SHRI PASHA, retirees from 24/05/2010 are already getting it,so as

> ...
>
> read more »

[bass]

Dear Sir,

Recently RBI in its inspection of balance sheets of all public sector
banks, pointed out regarding non payment of their contribution to
pension fund, after collecting equal amount from its employees, since
so many years. Because of this, banks are forced to make provisions to
an extent of 19000+ cr, against 4200 cr in respect of 9th BPS, to make
good of the pension fund.

Mr.R.K.Singhal, legal advisor, on behalf of PSU bank employees, has
pointed out the above act of Banks, as intentional one to avoid
several demands of retired employees like updation of pension, payment
of gratuity on par with central govt employees etc., and requested the
RBI to look in to the matter and advise the banks to pass on the due
benefits to the retired employees.

It was learnt that the matter is under serious consideration of the
govt.

Friends, pl check the periodical developments in
"allbankingsolutions.com"

With regards
S.M.BASHA

On Sep 10, 9:33 pm, SBMPC Blore <sbmpension...@gmail.com> wrote:
> Dear friends,
>
> As usual, information is picked up conveniently.  Please understand that in
> Bank employees case, one would reach maximum in 20 years and if you take
> into account Gratuation + CAIIB increments, then a clerk reaches maximum in
> 15 years.  Whereas, Central Govt employees' is spread over 25 to 30 years.
> This is not new.  A Bank employee overtakes pay of Central Government
> employee in 7 to 8 years time.
>
> Therefore, please check up Pay commission report and pay scales.
>
> Thanking you,
>
> With regards,
> Prasad C N
>

> ...
>
> read more »

[ravi jain]

sir,

we are discussing with a great anxcious and knowledge about pay scales in banks and govt. you are discussing these things for in service employees of banks, either getting less or more, do not make any difference  because they will themselves take care for this in next settlement/s. Have any in service person has ever written about retirees of banks getting pitiable pension and their parity with govt pensioners, getting rise with every settlement.NEVER, except in last call of strike a point for updation has been mentioned by union after 18 yrs appx ( updation finalisation was to be done before 31/12/93) . how much serious they are on this point is a matter of time. so constantanly bring in their notice this point with conviction and court case is on.

be happy

ravi jain (PSB)

 

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[Pilla Nageswara Rao]

[lajpat rai]

Mr Ravi Jain Very well written. But retirees/pensioners  of Banking Industry  have to unite and struggle a lot to achieve their demands on their own footings. Days are not far off those who did not care for  senior to get handsome pension will fall in the same line and will face the same problems which present day bank pensioners are facing.  We in India it is in our culture to respect the seniors though this concept is fast eroding and our senior are   being neglected every corner of our country in our social life also. But still this concept of respecting senior is not totally vanished and we wish that our in service colleagues also come forward to take up the cause of pensioners/retirees as still some strength or bargaining power they have should also be utilized for  achieving the benefits for pensioners. I feel little has started as AIBOC/AIBEA are now taking up matters with IBA for redness of grievances of retirees  though not with force. Now AIBOC is also proposing to set up a retirees organisation at all india level which should contain all retirees and not officers only. Lajpat Rai Thakral --- On Sun, 11/9/11, ravi jain <ravij...@gmail.com> wrote:

[bass]

Dear Ravi Jain,

My message was given in the context of comparision of our salaries
with central govt employees.

As you say, my concern is also 100% about pensioners only. Unless, we
are all united under one umbrella, we can not impress the govt/iba to
look into our genuine grievances. As the number of retirees has been
increasing year by year, major unions are also thinking seriously
about this group. Let us hope every retiree will become an active
member again and strengthen the rights of all bank pensioners.

With regards
S.M.BASHA

On Sep 11, 12:03 pm, ravi jain <ravijain...@gmail.com> wrote:
> sir,

> we are discussing with a great anxcious and knowledge about pay scales in
> banks and govt. you are discussing these things for in service employees of
> banks, either getting less or more, do not make any difference  because they
> will themselves take care for this in next settlement/s. Have any in service
> person has ever written about retirees of banks getting pitiable pension and
> their parity with govt pensioners, getting rise with every settlement.NEVER,
> except in last call of strike a point for updation has been mentioned by
> union after 18 yrs appx ( updation finalisation was to be done before
> 31/12/93) . how much serious they are on this point is a matter of time. so
> constantanly bring in their notice this point with conviction and court case
> is on.
> be happy
> ravi jain (PSB)
>

> ...
>
> read more »

[Rao Nallapaneni]

The current employees never know or have experiences / problems of retirees and it is not vice versa!!!!!!!!!!!!

Rao

--
Best Regards,
Rao

[bass]

Dear Sir,

Yes, you are right. These are the days where children are not
bothering about their parents. What can we say about our juniors.

We have to raise our voice unitedly before commencement of 10th
bipartite talks. With the RBI's pointing out about non deposit of
employer's contribution in pension trust fund to a tune of 19000+ cr.
The govt, Bank Managements and RBI itself are in defence and searching
the ways and means to make good of the situation. We have to exploit
the sympathetical mood of them with a proper dialogue through UFBU and
get all types of pending demands of all retirees, at the earliest.

Now the time has come for all of us to form pensioner/retiree
associations in all banks, if not formed so far, and strengthen the
existing associations with more members. And finally form an
organisatin, at apex level, to focus our presense and attract the
attention of IBA/GOI and made them not to overlook our legitimate
rights, in future.

Let us pray GOD to create the above atmosphere by providing suitable
persons, platform and place.

With regards
S.M.BASHA

On Sep 12, 4:04 pm, Rao Nallapaneni <hr.nallapan...@gmail.com> wrote:
> The current employees never know or have experiences / problems of retirees
> and it is not vice versa!!!!!!!!!!!!
>
> Rao
>

> On Sun, Sep 11, 2011 at 12:33 PM, ravi jain <ravijain...@gmail.com> wrote:
> > sir,
> > we are discussing with a great anxcious and knowledge about pay scales in
> > banks and govt. you are discussing these things for in service employees of
> > banks, either getting less or more, do not make any difference  because they
> > will themselves take care for this in next settlement/s. Have any in service
> > person has ever written about retirees of banks getting pitiable pension and
> > their parity with govt pensioners, getting rise with every settlement.NEVER,
> > except in last call of strike a point for updation has been mentioned by
> > union after 18 yrs appx ( updation finalisation was to be done before
> > 31/12/93) . how much serious they are on this point is a matter of time. so
> > constantanly bring in their notice this point with conviction and court case
> > is on.
> > be happy
> > ravi jain (PSB)
>

> ...
>
> read more »

[Dr.dhananjaya Bhupathi]

Dear friends,

The act of RBI pinpointing, in the annual audit reports,  the glaring mistake of  all the Bank Managements, as to why they failed to contribute Managements' contribution of 8.33% of Basic Pay towards Pension fund. Now, Banks/IBA can't demand for pay revision arrears towards 'Pension fund'

2. No youngster is ready to stick on to the Bank job, since a clerk gets Rs.10000/= and an officer gets Rs.20000/= which is insufficient to make both ends meet.Annual increment @Rs.500.00 or so.

3. IT industry is paying Rs.15000/= to start with @Rs.5000.00 per anum depending upon the talent of the candidate.

4. It is an open secret to note that NO youngster with talent can be retained by any bank for long; unlike our generation of employees.

5. All the affiliates of UFBU should stress up on this point to revise the bank salaries at least on par with the Central Govt., employees, IAS officers and the judiciary; so that banks can have a face-lift by the presence of teaming young generation, to serve the future generations.

6. So also the pension updation on par with Central as well as State Govt. Emplyees. 

7. Last but not the least, for point no.1 cited on non-contribution of 8.33% by banks, the credit goes to Mr.Venugopal, who ventured single-handedly &   painstakingly pursued with written complaint to RBI, Got., of India, etc.,

May I request U kindly to thank Mr.Venugopal.

regards,

Dr.Dhananjaya Bhupathi,

Syndicate Bank Pensioner.

PS.I PRAY THE ALMIGHTY TO SHOWER HIS CHOICEST BLESSINGS ON VENUGOPALJI

& ALL THE MEMBERS OF HIS FAMILY WITH FULL 100 YEARS OF LIFE WITH PERFECT HEALTH & WEALTH.

---

From: bass <basha...@rediffmail.com>
To: bankpensioner <bankpe...@googlegroups.com>

Sent: Monday, 12 September 2011 6:32 AM
Subject: Re: bankpensioner Re: Bankpensioner GRATUITY ENHANCEMENT

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[bass]

Dear Sir Dhanunjaya Bhupathi,

Thank you for giving the information about Mr.Venugopal. Kudos to him
for his contribution in safeguarding the interest of a fund belongs to
the Pensioners.

One of our friend Mr.V.B.Kamat has given a message titled as "Good
Title" on 10.9.2011 in this site mentioning the name of a site, where
we can find a notice issued to RBI by Mr.R.K.Singhal, legal advisor,
UFBU, which is self explanatory. The site is
www.allbankingsolutions.com/Wage-Revision/Pension-liability.com.

I request everybody to go through the contents of the above notice, so
as to know more interesting and useful information.

With regards
S.M.BASHA

On Sep 13, 12:04 pm, "Dr.dhananjaya Bhupathi" <dracupress...@yahoo.in>
wrote:

> Dear friends,
> The act of RBI pinpointing, in the annual audit reports,  the glaring mistake of  all the Bank Managements, as to why they failed to contribute Managements' contribution of 8.33% of Basic Pay towards Pension fund. Now, Banks/IBA can't demand for pay revision arrears towards 'Pension fund'
> 2. No youngster is ready to stick on to the Bank job, since a clerk gets Rs.10000/= and an officer gets Rs.20000/= which is insufficient to make both ends meet.Annual increment @Rs.500.00 or so.
> 3. IT industry is paying Rs.15000/= to start with @Rs.5000.00 per anum depending upon the talent of the candidate.
> 4. It is an open secret to note that NO youngster with talent can be retained by any bank for long; unlike our generation of employees.
> 5. All the affiliates of UFBU should stress up on this point to revise the bank salaries at least on par with the Central Govt., employees, IAS officers and the judiciary; so that banks can have a face-lift by the presence of teaming young generation, to serve the future generations.
> 6. So also the pension updation on par with Central as well as State Govt. Emplyees. 
>
> 7. Last but not the least, for point no.1 cited on non-contribution of 8.33% by banks, the credit goes to Mr.Venugopal, who ventured single-handedly &   painstakingly pursued with written complaint to RBI, Got., of India, etc.,
> May I request U kindly to thank Mr.Venugopal.
> regards,
> Dr.Dhananjaya Bhupathi,
> Syndicate Bank Pensioner.
> PS.I PRAY THE ALMIGHTY TO SHOWER HIS CHOICEST BLESSINGS ON VENUGOPALJI
> & ALL THE MEMBERS OF HIS FAMILY WITH FULL 100 YEARS OF LIFE WITH PERFECT HEALTH & WEALTH.
>
> ________________________________

> From: bass <basha_4...@rediffmail.com>
> To: bankpensioner <bankpe...@googlegroups.com>

> ...
>
> read more »

[Ramesh Megaravalli]

Dear Dhananjaya Bhoopathy,

I thank Mr. Venugopal for his single handed venture. To my utter
surprise, I learnt that a probationary College lecturer stars with a
salary of Rs.30000/- to 35000/-and a professor gets a salary to the
tune 0f 1.5 laks per month.

Couple of decades back
Bank jobs were considered to be most lucrative. When I joined SBM,
senior staff members were telling that the Chief Manager (earstwhile A
grade officer) was drawing a salary higher than that of the
DeputyCommissioner.

See Kyaa Se Kyaa Ho Gayaa",

regards, Ramesh Mewgaravalli

> bankpensione...@googlegroups.com.

> For more options, visit this group at
> http://groups.google.com/group/bankpensioner?hl=en-GB.
>

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>
>

--
M.S.Ramesh

[purnachandra rao poluru]

i wish venugopal and his family all the best in life in terms of
health,wealth and gods blessings.may his tribe increase?

p.p.rao

On 13 September 2011 12:34, Dr.dhananjaya Bhupathi

> bankpensione...@googlegroups.com.

> For more options, visit this group at
> http://groups.google.com/group/bankpensioner?hl=en-GB.
>
>
>

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[Prasad C N]

Dear friends,

I have gone through some of the mails.  First, one clarification.  Banks have to contribute 10% towards Pension Fund, as per Pension Regulations.

 

Next, please stop comparing with others.  A lot of people joined Bank's service during 'economic downturn' .  Why ?

Young people does not know the difference between CTC and Pay in Banks. Even though, many have worked for decades in Banks, we do not know what is CTC for a Bank Clerk or a Chief Manager.  We cannot expect better understanding from young friends.

Now, we talk about Rs.500/- increment.  But, what about increase on account of increase in DA, increase in HRA on account of increment ?   I am from Bangalore, IT capital of the country.  I am also a practicing  Financial Planner (and Qualified too).  I also plan their finances and I am also aware of the increase.  Best case of increase in 'Pay' is about 10 to 15% p a.  But, increase in our Pension itself is 15.71%, without increment.  I want you to understand this difference. Is it not true that increase in 'Pay' of serving Bank employees far higher than the 'IT' Engineers.

A Chief Managers CTC is far more than Rs.1.00 lacs.  What is the Qualification required to become a CM.  It is only SSLC.  Many GMs in Banks are only Graduates.  A  Deputy Commissioner is an IAS Officer who has succeeded while competing with a huge numbers.  Is it not True ?

I have heard a joke, a long time back.  When parents working in Bank used to say 'My first son is extremely intelligent and so he is a Doctor.  My second son is also equally good, so he is an engineer and my third son is a 'good for nothing fellow', so I have secured a job in the Bank. (Prior to 1980)

Two of my friends joined Post Office together.  Within a few months one got a job in our Bank and other continued in Post Office.  Qualification of both of them is same.  My friend, a Clerk in Bank is getting Rs.39,000/- as salary plus a host of perks.  But, my friend in Post Office (who is Asst Post Master) is getting Rs.34,000/-, without Perks.  After next BPS, the gap will increase by another 5 thousands.  If any of my friends in this group had doubts in this group, I can scan and attach their 'Pay Slips'.

Therefore, please do 'Apple to Apple' comparison only..  Please feel proud.  We are luckier ones. Do not feel betrayed.

There is a saying in Kannada, which I have translated.  A distant Hill is plain.

Thanks, a Million.

With regards,
Prasad C N

---

From: Dr.dhananjaya Bhupathi <dracup...@yahoo.in>
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>; "bajranglal...@yahoo.in" <bajranglal...@yahoo.in>; "nth...@rediffmail.com" <nth...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>
Cc: venugopal cheriyachanaseril <ceey...@gmail.com>; "basha...@rediffmail.com" <basha...@rediffmail.com>; "cn_pr...@yahoo.com" <cn_pr...@yahoo.com>; "cn_pr...@yahoo.com" <cn_pr...@yahoo.com>
Sent: Tuesday, 13 September 2011 12:34 PM

[bass]

Dear friends,

I am very sorry with the state of affairs happening here. Very rarely,
some might have seen a SSLC general manager. At the same time, it is
strange that they have not seen a post graduate/MCA/MBA qualified
clerk in the Bank.

Deputy commissioner and IAS officer ? A lay man also know very well
how much is their earnings. May be they there are some genuine people
here and there.

It is not one voice, who is saying that the salaries of bankers are
low when compared to their counterparts in central/state govts. Forget
about IT professionals. Sky is their limit. After more than 3 decades
of service in officer cadre, a general manager retired with 50000
salary whereas his 22 yrs son is drawing more than 50000. RBI
governor himself advised the bankers to increase the salaries of CEOs
and executives, very recently, keeping in view of the exodus of
talented people from the industry to highly paid companies.

I have seen the miserable life of the great general managers, after
their retirement. With too much dedication to duty, they never cared
about the welfare of their families and lived in strict disciplined
life and very very loyal to their banks. Result is retirement with a
petty pension (that too which introduced very recently) and the old
glory of their career.

If anybody worked as a chief manager of any branch, then only they can
know what is the hell of that post. Abundant responsibility and every
day life like riding on the knife. It is 1000% real story. Very
rarely can spare a few minutes for his personal life. Vice versa in
case of the great deputy commissioners and IAS officers.

My humble request to everybody is to found any of your earstwhile
general managers and how they are living and compare with retired IAS
official.

With regards
S.M.BASHA

on Sep 13, 10:16 pm, Prasad C N <cn_prasa...@yahoo.com> wrote:
> Dear friends,
>
> I have gone through some of the mails.  First, one clarification.  Banks have to contribute 10% towards Pension Fund, as per Pension Regulations.
>  
> Next, please stop comparing with others.  A lot of people joined Bank's service during 'economic downturn' .  Why ?
>
> Young people does not know the difference between CTC and Pay in Banks. Even though, many have worked for decades in Banks, we do not know what is CTC for a Bank Clerk or a Chief Manager.  We cannot expect better understanding from young friends.
>
> Now, we talk about Rs.500/- increment.  But, what about increase on account of increase in DA, increase in HRA on account of increment ?   I am from Bangalore, IT capital of the country.  I am also a practicing  Financial Planner (and Qualified too).  I also plan their finances and I am also aware of the increase.  Best case of increase in 'Pay' is about 10 to 15% p a.  But, increase in our Pension itself is 15.71%, without increment.  I want you to understand this difference. Is it not true that increase in 'Pay' of serving Bank employees far higher than the 'IT' Engineers.
>
> A Chief Managers CTC is far more than Rs.1.00 lacs.  What is the Qualification required to become a CM.  It is only SSLC.  Many GMs in Banks are only Graduates.  A  Deputy Commissioner is an IAS Officer who has succeeded while competing with a huge numbers.  Is it not True ?
>
> I have heard a joke, a long time back.  When parents working in Bank used to say 'My first son is extremely intelligent and so he is a Doctor.  My second son is also equally good, so he is an engineer and my third son is a 'good for nothing fellow', so I have secured a job in the Bank. (Prior to 1980)
>
> Two of my friends joined Post Office together.  Within a few months one got a job in our Bank and other continued in Post Office.  Qualification of both of them is same.  My friend, a Clerk in Bank is getting Rs.39,000/- as salary plus a host of perks.  But, my friend in Post Office (who is Asst Post Master) is getting Rs.34,000/-, without Perks.  After next BPS, the gap will increase by another 5 thousands.  If any of my friends in this group had doubts in this group, I can scan and attach their 'Pay Slips'.
>
> Therefore, please do 'Apple to Apple' comparison only..  Please feel proud.  We are luckier ones. Do not feel betrayed.
>
> There is a saying in Kannada, which I have translated.  A distant Hill is plain.
>
> Thanks, a Million.
>
> With regards,
> Prasad C N
>
> ________________________________

> From: Dr.dhananjaya Bhupathi <dracupress...@yahoo.in>
> To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>; "bajranglal.choudh...@yahoo.in" <bajranglal.choudh...@yahoo.in>; "nthe...@rediffmail.com" <nthe...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>
> Cc: venugopal cheriyachanaseril <ceeyen...@gmail.com>; "basha_4...@rediffmail.com" <basha_4...@rediffmail.com>; "cn_prasa...@yahoo.com" <cn_prasa...@yahoo.com>; "cn_prasa...@yahoo.com" <cn_prasa...@yahoo.com>

> Sent: Tuesday, 13 September 2011 12:34 PM
> Subject: Re: bankpensioner Re: Bankpensioner GRATUITY ENHANCEMENT
>
> Dear friends,
> The act of RBI pinpointing, in the annual audit reports,  the glaring mistake of  all the Bank Managements, as to why they failed to contribute Managements' contribution of 8.33% of Basic Pay towards Pension fund. Now, Banks/IBA can't demand for pay revision arrears towards 'Pension fund'
> 2. No youngster is ready to stick on to the Bank job, since a clerk gets Rs.10000/= and an officer gets Rs.20000/= which is insufficient to make both ends meet.Annual increment @Rs.500.00 or so.
> 3. IT industry is paying Rs.15000/= to start with @Rs.5000.00 per anum depending upon the talent of the candidate.
> 4. It is an open secret to note that NO youngster with talent can be retained by any bank for long; unlike our generation of employees.
> 5. All the affiliates of UFBU should stress up on this point to revise the bank salaries at least on par with the Central Govt., employees, IAS officers and the judiciary; so that banks can have a face-lift by the presence of teaming young generation, to serve the future generations.
> 6. So also the pension updation on par with Central as well as State Govt. Emplyees. 
>
> 7. Last but not the least, for point no.1 cited on non-contribution of 8.33% by banks, the credit goes to Mr.Venugopal, who ventured single-handedly &   painstakingly pursued with written complaint to RBI, Got., of India, etc.,
> May I request U kindly to thank Mr.Venugopal.
> regards,
> Dr.Dhananjaya Bhupathi,
> Syndicate Bank Pensioner.
> PS.I PRAY THE ALMIGHTY TO SHOWER HIS CHOICEST BLESSINGS ON VENUGOPALJI
> & ALL THE MEMBERS OF HIS FAMILY WITH FULL 100 YEARS OF LIFE WITH PERFECT HEALTH & WEALTH.
>
> ________________________________

> From: bass <basha_4...@rediffmail.com>
> To: bankpensioner <bankpe...@googlegroups.com>

> ...
>
> read more »

[lajpat rai]

sir well written. Even the responsiblity level of award staff is zero in banks where as post office clerks are doing jobs full of high responsiblities. Bank clerks should not grumble as they are kingswhile officers are slaves. l r thakral --- On Tue, 13/9/11, Prasad C N <cn_pr...@yahoo.com> wrote:

To unsubscribe from this group, send email to bankpensione...@googlegroups.com.

[n. saikrishnan]

I agree with Mr Prasad.  Compare only the comparables.  Our jobs were quite different from others and the faculties required also were different. I still remember that when I joined as PO in Syndicate Bank in 1973, the gross salary was better than a Class I service officer and the college lecturer's salary was just 60% of what I was getting.  I had taken a decision to continue as a banker and reaped whatever benefits I could get in the normal course and there is no point in crying over spilt milk.  Same arguments hold good when comparing the salary structure of PSU banks and new generation private sector banks.

Regarding comparing the pensionary benefits, we can definitely compare with the civil services as our pension rules were formulated based on central civil pension and selectively omitting certain features like automatic refixation of basic pension after BPS ( similar to pay commission for govt   servants ) was the creation of certain crooks in IBA and certain top managements of PSU banks.  Similar is the issue of 100% neutralisation or DA revision once in 3 months  and such other issues.  We have to bring these things to the notice of the Government and fight for them under an united banner.

regards

saikrishnan

To unsubscribe from this group, send email to bankpensione...@googlegroups.com.

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--
Saikrishnan
+9122 21637903/+919821891974

[MOHANDAS RAO]

Dear Friends,

We have read the convincing arguments of M/s Dhananjaya Bhupathi and Basha stating that bank employees are drawing less salary, while that of Sri Prasad denying it.

We are comparing scales of bank employees with others as it directly affects their basic pension at the time of retirement. There is no doubt, and a Cost Accountant’s knowledge is not required to come to a conclusion that the present (or 10 years back when we opted for SVRS) scales in public sector banking industry is not attractive. Some talk about perquisites for bank employees. OK, but a bank pensioner is not getting any such perquisites.

Here and there some banks are offering facilities like a)staff rate of interest for bank pensioners, for deposits and advances (here some are differentiating between a superannuation pensioner and a SVRS pensioner) b) an occasional sweet packet (our SBM during 1^st week of October every year) c)reimbursement of diagnostic charges (my bank Rs.5,500 pa for the time being) d)scheme for reimbursement of hospitalization expenses (by a special voluntary scheme by contributing a month’s gross pension immediately on retirement, in my bank)  d) payment of pension one or two days in advance by some banks (not in our bank) e) a funeral expenditure of Rs.15,000 at the time of death of an ex-employee (in it is vogue in my bank, but needs pressure by surviving friends at the Branch level).These things are only welfare measures in practice with a few banks and not a statutory obligation on any bank. Except, this our pension, especially for the pre-2002 retirees is very low and without any perquisites. But, most of the banks are very sharp enough to go on an appeal to deny or delay a benefit derived after much efforts in a court of law (my bank still denying us the benefit of notional service and 50% basic fitment from the date retirement for SVRS pensioners).

The fact is, I repeat, bank pensioners, especially pre-2002 are drawing a lower pension than those in other sectors like Central, State, Railways, etc. Updating of Pension for bank pensioners may set right the things to a certain extent.

K. MOHANDAS RAO, SBM-SVRS 2001.

 

 

> ...
>
> read more »

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[bass]

Dear Sir,

We are living in a world where you can survive by competing with the
peers in the industry or wherever they are. Your first para itself is
a clear cut explanation and your career is an example.

Over a period of 3 decades, especially with the introduction of pillai
committee report, everything was changed. Bank officers service
conditions and pay packages were looked down and at the same time risk
and responsibilities were increaded more than 10 folds. Men at the
head level are dying with less staff (no recruitments & increasing
retirements) and struggling a lot to manage branches with
uninterrupted service to customers. Still you are compromising with
everything. What is the per employee business in 1973 and what it was
in 2002. What is the reason for getting diminishing returns in salary,
in two decades ? And why should we compromise ?

At the same time your voice is different in para 2. Very good. To
achieve the equal justice, what you are expecting, at least we have to
convince our god fathers IBA/GOI to look at us sympathetically and
make them to initiate remedial measures.

But pity is some of us are feeling that our pre-retirement is
excellent and post-retirement is bad, while comparing with the
counterparts in other sectors.

If this is the case, can we succeed in convincing IBA/GOI, which are
having thousand eyes and ears. In turn and in fact, they will succeed
in convincing us to maintain status quo for the future, if not asked
for reduction of the pension.

Kindly stop showing sympathy for those who are said to be drawing less
than us (if at all it is true) and support your own industrymates even
though they are getting higher and higher scales (which is beyond
imagination)

With regards
S.M.BASHA

On Sep 14, 7:11 am, "n. saikrishnan" <n.saikrish...@gmail.com> wrote:
> I agree with Mr Prasad.  Compare only the comparables.  Our jobs were quite
> different from others and the faculties required also were different. I
> still remember that when I joined as PO in Syndicate Bank in 1973, the gross
> salary was better than a Class I service officer and the college lecturer's

> salary was just 60% of what I was getting.  I had taken a decision tore

> continue as a banker and reaped whatever benefits I could get in the normal
> course and there is no point in crying over spilt milk.  Same arguments hold
> good when comparing the salary structure of PSU banks and new generation
> private sector banks.
>
> Regarding comparing the pensionary benefits, we can definitely compare with
> the civil services as our pension rules were formulated based on central

> civil pension and *selectively omitting* certain features like automatic

> refixation of basic pension after BPS ( similar to pay commission for govt
> servants ) was the creation of certain crooks in IBA and certain top
> managements of PSU banks.  Similar is the issue of 100% neutralisation or DA
> revision once in 3 months  and such other issues.  We have to bring these
> things to the notice of the Government and fight for them under an united
> banner.
>
> regards
>
> saikrishnan

> > ------------------------------
> > *From:* Dr.dhananjaya Bhupathi <dracupress...@yahoo.in>
> > *To:* "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>; "

> > bajranglal.choudh...@yahoo.in" <bajranglal.choudh...@yahoo.in>; "
> > nthe...@rediffmail.com" <nthe...@rediffmail.com>; "
> > syndicate-bank...@googlegroups.com" <
> > syndicate-bank...@googlegroups.com>

> > *Cc:* venugopal cheriyachanaseril <ceeyen...@gmail.com>; "

> > basha_4...@rediffmail.com" <basha_4...@rediffmail.com>; "
> > cn_prasa...@yahoo.com" <cn_prasa...@yahoo.com>; "cn_prasa...@yahoo.com" <
> > cn_prasa...@yahoo.com>

> > *Sent:* Tuesday, 13 September 2011 12:34 PM
> > *Subject:* Re: bankpensioner Re: Bankpensioner GRATUITY ENHANCEMENT

> > ------------------------------
> > *From:* bass <basha_4...@rediffmail.com>
> > *To:* bankpensioner <bankpe...@googlegroups.com>
> > *Sent:* Monday, 12 September 2011 6:32 AM
> > *Subject:* Re: bankpensioner Re: Bankpensioner GRATUITY ENHANCEMENT

> ...
>
> read more »

[Prasad C N]

Dear Dr.Bhupathiji,

The reasons are :

1. In Private Sector, it is CTC, but not Pay Scales.  The Gratuity, Inflation adjusted Pension, Concessional Interest, etc.,     are not part of  Pay Scales and youngsters do not understand the quantum of that. (In the evening I would send another mail calculating cost value of Rs.10,000/- pension, we are getting and amplify further).  When, despite experience feel that Private Sector employees are getting more increase, as we are only looking at increment component, but ignore other DA, etc.

2.  In Central Government pay Scales, maximum increment for LDC and UDC is Rs.300/- to Rs.400/- and starting Basic Pay is more.  Bank employees overtake them within a period of  six to seven years and thereafter our Pay scales are more than that of Central Government Pay Scales.  We also ignore our perks.  I have also worked in a Central Government and I am aware of the benefits.

These facts are not known to many of us, despite experience.  Then, how can we expect the youngsters to know about this.  We are in the age of 'Instant'.  Have no patience.

Thanks, a Million.

With regards,
Prasad C N

---

From: Dr.dhananjaya Bhupathi <dracup...@yahoo.in>
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>

Cc: "cn_pr...@yahoo.com" <cn_pr...@yahoo.com>; "bajranglal...@yahoo.in" <bajranglal...@yahoo.in>; venugopal cheriyachanaseril <ceey...@gmail.com>; "chvna...@yahoo.com" <chvna...@yahoo.com>; "nth...@rediffmail.com" <nth...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>; "basha...@rediffmail.com" <basha...@rediffmail.com>
Sent: Wednesday, 14 September 2011 11:23 AM

Subject: Re: bankpensioner Bankpensioner GRATUITY ENHANCEMENT

Respected CN Prasadji,

good morning. If U say, we should not compare with the salaries of others. O.K.

Kindly, enlighten us as to why Youngsters are not at all inclined to join/continue in the banking service? Any remedy, please? Other than increasing the salaries on par with Central Govt.Employees in terms of Civil Services & Central Pension regulations.

May I request the genius Venugopalji, director of SBT., Trivandrum---through "this enlightened google group" coined with the creative mindset of Mr.Balsare & others---to use his magic wand, once again, to get 'Pension updation' also, since we are entitled to Pension-updation in the light of X BPS., which is being negotiated by UFBU stalwarts with IBA.

Prasadji,I have every respect and reverence for Ur committed and unselfish/unsatiated  concern for the cause of Bank pensioners as well as bank employees.

Kind regards,

Dr.Dhananjaya Bhupathi,

Syndicate Bank Pensioner.

From: Prasad C N <cn_pr...@yahoo.com>

To: Dr.dhananjaya Bhupathi <dracup...@yahoo.in>; "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>; "bajranglal...@yahoo.in" <bajranglal...@yahoo.in>; "nth...@rediffmail.com" <nth...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>

Cc: venugopal cheriyachanaseril <ceey...@gmail.com>; "basha...@rediffmail.com" <basha...@rediffmail.com>

Sent: Tuesday, 13 September 2011 10:16 AM
Subject: bankpensioner Bankpensioner GRATUITY ENHANCEMENT

To unsubscribe from this group, send email to bankpensione...@googlegroups.com.

[Dr.dhananjaya Bhupathi]

Respected CN Prasadji,

good morning. If U say, we should not compare with the salaries of others. O.K.

Kindly, enlighten us as to why Youngsters are not at all inclined to join/continue in the banking service? Any remedy, please? Other than increasing the salaries on par with Central Govt.Employees in terms of Civil Services & Central Pension regulations.

May I request the genius Venugopalji, director of SBT., Trivandrum---through "this enlightened google group" coined with the creative mindset of Mr.Balsare & others---to use his magic wand, once again, to get 'Pension updation' also, since we are entitled to Pension-updation in the light of X BPS., which is being negotiated by UFBU stalwarts with IBA.

Prasadji,I have every respect and reverence for Ur committed and unselfish/unsatiated  concern for the cause of Bank pensioners as well as bank employees.

Kind regards,

Dr.Dhananjaya Bhupathi,

Syndicate Bank Pensioner.

---

From: Prasad C N <cn_pr...@yahoo.com>

To: Dr.dhananjaya Bhupathi <dracup...@yahoo.in>; "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>; "bajranglal...@yahoo.in" <bajranglal...@yahoo.in>; "nth...@rediffmail.com" <nth...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>

Cc: venugopal cheriyachanaseril <ceey...@gmail.com>; "basha...@rediffmail.com" <basha...@rediffmail.com>

Sent: Tuesday, 13 September 2011 10:16 AM
Subject: bankpensioner Bankpensioner GRATUITY ENHANCEMENT

To unsubscribe from this group, send email to bankpensione...@googlegroups.com.

[perumal maruthu]

Dear Mohandas Sir,

Thanks for highlighting the plight of the 'ACCURSED', ie, those who left the Banks before 2002 by superannuation or by SVRS.

Even after 3 BPS, their fate continues to be sealed. All the serving- Unions(RBI/LIC/non-SBI banks) have thought/are still thinking that the pre-2002 orphans are left to the mercy of Courts and they are not concerned with updation as everyone who leaves Banks after 2005 gets the enhanced Basic and DA. It is irony of fate that whereas the original pension optees who have contributed to the pension fund since its inception are continously denied 100% DA and  upward basic revision  ,the persons who joined pension fund just before or after retirement are getting 100% DA and enhanced basic pension. This gross anomaly has thrown all PRICIPLES OF NATURAL JUSTICE and INTRA and INTERNAL PAY RELTIVITY into dustbin.

All eyes are now focussed on 11/10/11 and the possibility of  further postponement of  Pradeepkumar's case is not entirely ruled out. In this crucial hour, I hope a massive POSTCARD campaign or E-Mail campaign addressed to the Chief Justice of  Supreme Court requesting the Honarable court to take up the hearing of the case on a daily basis as it involves nearly more than ONE LAKH  senior -citizen pensioners' LIFE and DEATH.

Sir, any other mode of  convincing the CJ of SC may be also contemplated.

We have still more than 20 days to plunge into action.

Let us also not get carried away by the attempts of a few engaged in matters of VERY VERY URGENT NATURE AND MORE IMPORTANT THAN 100%DA AND UPDATION.

M.Perumal

Chennai

[saradindu basu]

Dear Shri Prasad,
                         Jokes don't always reflect ground realities and in noway should insult anyone. Part of the joke "my third son is a 'good for nothing fellow', so I have secured a job in the Bank. (Prior to 1980)" posted by you is not of good taste.
-- Saradindu Basu
    Greater Noida.
 

---

Date: Tue, 13 Sep 2011 22:46:01 +0530
From: cn_pr...@yahoo.com

Subject: bankpensioner Bankpensioner GRATUITY ENHANCEMENT

To: dracup...@yahoo.in; bankpe...@googlegroups.com; bajranglal...@yahoo.in; nth...@rediffmail.com; syndicate-bank...@googlegroups.com
CC: ceey...@gmail.com; basha...@rediffmail.com

To unsubscribe from this group, send email to bankpensione...@googlegroups.com.

[bass]

Dear Friends,

Some of us are feeling that our pre-retirement is excellent and post-
retirement is worst, while comparing with the counterparts in other

sectors.

If this is the case, can we succeed in convincing IBA/GOI, which are
having thousand eyes and ears. In turn and in fact, they will succeed
in convincing us to maintain status quo for the future, if not asked
for reduction of the pension.

Kindly stop showing sympathy for those who are said to be drawing less
than us (if at all it is true) and support your own industrymates even
though they are getting higher and higher scales (which is beyond
imagination)

It is high time for everybody of us to think about the case pending
with SC filed by Sri Pradeep kumar which is likely to come for hearing
on 11.10.2011, for final judgement. Let us pray for favourable
judgement which give benefit to thousands of pensioners by getting
updation of basics and 100% neutralisation of DA, right from the
inception of pension regulations in the nationalised banks.

With regards
S.M.BASHA

On Sep 14, 11:27 am, Prasad C N <cn_prasa...@yahoo.com> wrote:
> Dear Dr.Bhupathiji,
>
> The reasons are :
>
> 1. In Private Sector, it is CTC, but not Pay Scales.  The Gratuity, Inflation adjusted Pension, Concessional Interest, etc.,     are not part of  Pay Scales and youngsters do not understand the quantum of that. (In the evening I would send another mail calculating cost value of Rs.10,000/- pension, we are getting and amplify further).  When, despite experience feel that Private Sector employees are getting more increase, as we are only looking at increment component, but ignore other DA, etc.
>
> 2.  In Central Government pay Scales, maximum increment for LDC and UDC is Rs.300/- to Rs.400/- and starting Basic Pay is more.  Bank employees overtake them within a period of  six to seven years and thereafter our Pay scales are more than that of Central Government Pay Scales.  We also ignore our perks.  I have also worked in a Central Government and I am aware of the benefits.
>
> These facts are not known to many of us, despite experience.  Then, how can we expect the youngsters to know about this.  We are in the age of 'Instant'.  Have no patience.
>
> Thanks, a Million.
>
> With regards,
> Prasad C N
>
> ________________________________

> From: Dr.dhananjaya Bhupathi <dracupress...@yahoo.in>
> To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
> Cc: "cn_prasa...@yahoo.com" <cn_prasa...@yahoo.com>; "bajranglal.choudh...@yahoo.in" <bajranglal.choudh...@yahoo.in>; venugopal cheriyachanaseril <ceeyen...@gmail.com>; "chvnarsa...@yahoo.com" <chvnarsa...@yahoo.com>; "nthe...@rediffmail.com" <nthe...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>; "basha_4...@rediffmail.com" <basha_4...@rediffmail.com>

> Sent: Wednesday, 14 September 2011 11:23 AM
> Subject: Re: bankpensioner Bankpensioner GRATUITY ENHANCEMENT
>
> Respected CN Prasadji,
> good morning. If U say, we should not compare with the salaries of others. O.K.
> Kindly, enlighten us as to why Youngsters are not at all inclined to join/continue in the banking service? Any remedy, please? Other than increasing the salaries on par with Central Govt.Employees in terms of Civil Services & Central Pension regulations.
> May I request the genius Venugopalji, director of SBT., Trivandrum---through "this enlightened google group" coined with the creative mindset of Mr.Balsare & others---to use his magic wand, once again, to get 'Pension updation' also, since we are entitled to Pension-updation in the light of X BPS., which is being negotiated by UFBU stalwarts with IBA.
> Prasadji,I have every respect and reverence for Ur committed and unselfish/unsatiated  concern for the cause of Bank pensioners as well as bank employees.
> Kind regards,
> Dr.Dhananjaya Bhupathi,
> Syndicate Bank Pensioner.
>
> ________________________________

> From: Prasad C N <cn_prasa...@yahoo.com>
> To: Dr.dhananjaya Bhupathi <dracupress...@yahoo.in>; "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>; "bajranglal.choudh...@yahoo.in" <bajranglal.choudh...@yahoo.in>; "nthe...@rediffmail.com" <nthe...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>
> Cc: venugopal cheriyachanaseril <ceeyen...@gmail.com>; "basha_4...@rediffmail.com" <basha_4...@rediffmail.com>

> Sent: Tuesday, 13 September 2011 10:16 AM
> Subject: bankpensioner Bankpensioner GRATUITY ENHANCEMENT
>
> Dear friends,
>
> I have gone through some of the mails.  First, one clarification.  Banks have to contribute 10% towards Pension Fund, as per Pension Regulations.
>  
> Next, please stop comparing with others.  A lot of people joined Bank's service during 'economic downturn' .  Why ?
>
> Young people does not know the difference between CTC and Pay in Banks. Even though, many have worked for decades in Banks, we do not know what is CTC for a Bank Clerk or a Chief Manager.  We cannot expect better understanding from young friends.
>
> Now, we talk about Rs.500/- increment.  But, what about increase on account of increase in DA, increase in HRA on account of increment ?   I am from Bangalore, IT capital of the country.  I am also a practicing  Financial Planner (and Qualified too).  I also plan their finances and I am also aware of the increase.  Best case of increase in 'Pay' is about 10 to 15% p a.  But, increase in our Pension itself is 15.71%, without increment.  I want you to understand this difference. Is it not true that increase in 'Pay' of serving Bank employees far higher than the 'IT' Engineers.
>
> A Chief Managers CTC is far more than Rs.1.00 lacs.  What is the Qualification required to become a CM.  It is only SSLC.  Many GMs in Banks are only Graduates.  A  Deputy Commissioner is an IAS Officer who has succeeded while competing with a huge numbers.  Is it not True ?
>
> I have heard a joke, a long time back.  When parents working in Bank used to say 'My first son is extremely intelligent and so he is a Doctor.  My second son is also equally good, so he is an engineer and my third son is a 'good for nothing fellow', so I have secured a job in the Bank. (Prior to 1980)
>
> Two of my friends joined Post Office together.  Within a few months one got a job in our Bank and other continued in Post Office.  Qualification of both of them is same.  My friend, a Clerk in Bank is getting Rs.39,000/- as salary plus a host of perks.  But, my friend in Post Office (who is Asst Post Master) is getting Rs.34,000/-, without Perks.  After next BPS, the gap will increase by another 5 thousands.  If any of my friends in this group had doubts in this group, I can scan and attach their 'Pay Slips'.
>
> Therefore, please do 'Apple to Apple' comparison only..  Please feel proud.  We are luckier ones. Do not feel betrayed.
>
> There is a saying in Kannada, which I have translated.  A distant Hill is plain.
>
> Thanks, a Million.
>
> With regards,
> Prasad C N
>
> ________________________________

> From: Dr.dhananjaya Bhupathi <dracupress...@yahoo.in>
> To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>; "bajranglal.choudh...@yahoo.in" <bajranglal.choudh...@yahoo.in>; "nthe...@rediffmail.com" <nthe...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>
> Cc: venugopal cheriyachanaseril <ceeyen...@gmail.com>; "basha_4...@rediffmail.com" <basha_4...@rediffmail.com>; "cn_prasa...@yahoo.com" <cn_prasa...@yahoo.com>; "cn_prasa...@yahoo.com" <cn_prasa...@yahoo.com>

> Sent: Tuesday, 13 September 2011 12:34 PM
> Subject: Re: bankpensioner Re: Bankpensioner GRATUITY ENHANCEMENT
>
> Dear friends,
> The act of RBI pinpointing, in the annual audit reports,  the glaring mistake of  all the Bank Managements, as to why they failed to contribute Managements' contribution of 8.33% of Basic Pay towards Pension fund. Now, Banks/IBA can't demand for pay revision arrears towards 'Pension fund'
> 2. No youngster is ready to stick on to the Bank job, since a clerk gets Rs.10000/= and an officer gets Rs.20000/= which is insufficient to make both ends meet.Annual increment @Rs.500.00 or so.
> 3. IT industry is paying Rs.15000/= to start with @Rs.5000.00 per anum depending upon the talent of the candidate.
> 4. It is an open secret to note that NO youngster with talent can be retained by any bank for long; unlike our generation of employees.
> 5. All the affiliates of UFBU should stress up on this point to revise the bank salaries at least on par with the Central Govt., employees, IAS officers and the judiciary; so that banks can have a face-lift by the presence of teaming young generation, to serve the future generations.
> 6. So also the pension updation on par with Central as well as State Govt. Emplyees. 
>
> 7. Last but not the least, for point no.1 cited on non-contribution of 8.33% by banks, the credit goes to Mr.Venugopal, who ventured single-handedly &   painstakingly pursued with written complaint to RBI, Got., of India, etc.,
> May I request U kindly to thank Mr.Venugopal.
> regards,
> Dr.Dhananjaya Bhupathi,
> Syndicate Bank Pensioner.
> PS.I PRAY THE ALMIGHTY TO SHOWER HIS CHOICEST BLESSINGS ON VENUGOPALJI
> & ALL THE MEMBERS OF HIS FAMILY WITH FULL 100 YEARS OF LIFE WITH PERFECT HEALTH & WEALTH.
>
> ________________________________

> From: bass <basha_4...@rediffmail.com>
> To: bankpensioner <bankpe...@googlegroups.com>

> ...
>
> read more »

[sureshbhat M]

Dear all

   this joke is under common usage. Some times it used to call the third son as a politician; some where I read the third son becoming a teacher. Here he became a Bankman. I remember this joke (with different phrase) in Kulawant Singhji' joke book also.

    Always enjoy the joke. Humor is a humor.

     With regards

Suresh Bhat M

Canara Bank SVRS

.................................................

[Prasad C N]

Dear Mr.Basha and friends,

My effort is not to belittle anybody or say that we are part of best paid category.  But, by going by various mails, only impression that any reader of these mails would draw is Bank employees are worst paid, only bank employees are deprived of enhancement of Gratuity, updation is denied only for Bank employees, Union or Association leaders have not done any good job, etc.  

There is nothing wrong in expecting best of things in life at all times.  But, most of us are senior citizens (Of course, people like me are exceptions).  Many of us have worked in Senior Positions (Of course I am not) and many of us have also participated in negotiation with Union/Associations or on behalf of Union/Association. Please ask yourself, what was your stand, then. My father is a retired Professor from Government college.  He served for more than 25 years.  His current pension is about Rs.12,000/-.  Bank retired officers in MMGS are drawing far more pension.  Please cross check, whether this is true or not.  We feel happy that if come to know we are comparatively better off.  We feel sad otherwise.  My intention is to make retirees happier.  Intention is only to present correct picture or true picture.  I am confident that true picture brings happiness and such happiness helps us to live longer.  But, expectation or aspirations need to be higher.  There is no dispute in this.

Before, we say that something, please do home work.  Do not carried away with what other say.  You will have to cross check with your relatives and friends about correctness of information provided by you.  Please compare pay of same category of persons.  Do not compare Bank employees with Professors and Software Engineers.  One Software engineer from Surathkal College is offered Rs.62 lakhs pay package.  Should we take that as an example ?  

We expect everybody else, say Union, Associations, Retirees' Organisations, Government, etc to take care of us.  Now, we shall ask ourselves, what is that we have done to secure benefits ?  I request my friends to raise an issue and suggest ways and means to get such benefits.  Also, in that direction, what are we going to do.

Let me illustrate one issue, which I have raised a long time back.  The issue is discrimination against those who retired under SVRS.  Various banks have discrimination in respect of various issues.  In our Bank, SBM, initially, in respect of loans against all securities including own deposits, by those who retired under SBMVRS-2001, interest rate was as applicable to Public.  Please find out how many of us has taken up this issue of discrimination.  What are the efforts to erase such discrimination from our side.  It is painful to note that we are treated inferior to those who were compulsorily retired or retired on punishment.   Similar, discrimination exist in most of the Banks. what have we done.  We expect somebody else to do something for us.  How many of us have filed cases in respect of 5 years benefit and 50% issues ? How many of us have filed Updation case ? Are we not expecting Mr.Pradeep Kumar to get us the benefit ?

I have seen people applying three days Sick Leave, whenever there was a one day strike.  However, such practice was eliminated in SBM.  What about other banks' employees ? Now, we expect AIBEA and AIBOC to help us and accuse the leaders of making money.

When there was strike on 5th August, 2011, how many of us participated in Agitation on that day. Please ensure that every friend of your become a member of your retirees' associations.  Even before that please become a member of your retirees' Organisation, if you are not one. 

Let us discuss means and methods to get more and more benefits. 

Thanks, a Million.

With regards,
Prasad C N

From: bass <basha...@rediffmail.com>
To: bankpensioner <bankpe...@googlegroups.com>

Sent: Wednesday, 14 September 2011 1:37 PM

[P.VIJAYARAGHAVAN]

Dear Prasad,

I may be allowed to make a correction that many GMs and CMDs  of Banks were SSLC or Matriculates...but did well and earned  name, fame and all that with their inherent talents in various matters.

May be the work of such high executives donot require professional degrees like CA, MBBS,LLB,Cost Accountancy....but rather ability and competency....

We have history with some Chief Minister of states not educated at all or some   Noble l laureates...who weren't graduated in any universities...

But we may remember many of us who were better qualified academically were serving under such executives and didst get promulgation despite possessing academic achievements...what to do 

Regarding your story of stating the third son as fit of nothing fellow and joining Bank..he was useful for the Bank and for self in earning money although the IQ level attained in working in Bank may be much less.

Anyway that is life..it is a mixture of so many things so many different people and we have to feel as a surviving part of such a society...

Retired Pensioner who joined Bank as a fit for nothing son to parents..

To unsubscribe from this group, send email to bankpensione...@googlegroups.com.

[perumal maruthu]

DEAR Sir

Alas!  What a pity!  People become incresingly peevish. They are not even seeing the derived point in an analogy.

Of all contributors, I find Sri Prasad and Sri MohandasRao express well balanced views based on facts.  It is easy to throw hotbricks or to question the past achievements or to put in simpler terms VERY VERY EASY TO SAY WHY THINGS NOT HAPPENED AS I LIKE IT. Failure to appreciate their opinion  will demoralise all right and like minded persons.

M.Perumal

CB-SVRS

.................................................

Date: Tue, 13 Sep 2011 22:46:01 +0530
From: cn_pr...@yahoo.com

Subject: bankpensioner Bankpensioner GRATUITY ENHANCEMENT

To: dracup...@yahoo.in; bankpe...@googlegroups.com; bajranglal...@yahoo.in; nth...@rediffmail.com; syndicate-bank...@googlegroups.com
CC: ceey...@gmail.com; basha...@rediffmail.com

Dear friends,

I have gone through some of the mails.  First, one clarification.  Banks have to contribute 10% towards Pension Fund, as per Pension Regulations.

 

Next, please stop comparing with others.  A lot of people joined Bank's service during 'economic downturn' .  Why ?

Young people does not know the difference between CTC and Pay in Banks. Even though, many have worked for decades in Banks, we do not know what is CTC for a Bank Clerk or a Chief Manager.  We cannot expect better understanding from young friends.

Now, we talk about Rs.500/- increment.  But, what about increase on account of increase in DA, increase in HRA on account of increment ?   I am from Bangalore, IT capital of the country.  I am also a practicing  Financial Planner (and Qualified too).  I also plan their finances and I am also aware of the increase.  Best case of increase in 'Pay' is about 10 to 15% p a.  But, increase in our Pension itself is 15.71%, without increment.  I want you to understand this difference. Is it not true that increase in 'Pay' of serving Bank employees far higher than the 'IT' Engineers.

A Chief Managers CTC is far more than Rs.1.00 lacs.  What is the Qualification required to become a CM.  It is only SSLC.  Many GMs in Banks are only Graduates.  A  Deputy Commissioner is an IAS Officer who has succeeded while competing with a huge numbers.  Is it not True ?

I have heard a joke, a long time back.  When parents working in Bank used to say 'My first son is extremely intelligent and so he is a Doctor.  My second son is also equally good, so he is an engineer and my third son is a 'good for nothing fellow', so I have secured a job in the Bank. (Prior to 1980)

Two of my friends joined Post Office together.  Within a few months one got a job in our Bank and other continued in Post Office.  Qualification of both of them is same.  My friend, a Clerk in Bank is getting Rs.39,000/- as salary plus a host of perks.  But, my friend in Post Office (who is Asst Post Master) is getting Rs.34,000/-, without Perks.  After next BPS, the gap will increase by another 5 thousands.  If any of my friends in this group had doubts in this group, I can scan and attach their 'Pay Slips'.

Therefore, please do 'Apple to Apple' comparison only..  Please feel proud.  We are luckier ones. Do not feel betrayed.

There is a saying in Kannada, which I have translated.  A distant Hill is plain.

Thanks, a Million.

With regards,
Prasad C N

From: Dr.dhananjaya Bhupathi <dracup...@yahoo.in>
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>; "bajranglal...@yahoo.in" <bajranglal...@yahoo.in>; "nth...@rediffmail.com" <nth...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>
Cc: venugopal cheriyachanaseril <ceey...@gmail.com>; "basha...@rediffmail.com" <basha...@rediffmail.com>; "cn_pr...@yahoo.com" <cn_pr...@yahoo.com>; "cn_pr...@yahoo.com" <cn_pr...@yahoo.com>
Sent: Tuesday, 13 September 2011 12:34 PM
Subject: Re: bankpensioner Re: Bankpensioner GRATUITY ENHANCEMENT

Dear friends,

The act of RBI pinpointing, in the annual audit reports,  the glaring mistake of  all the Bank Managements, as to why they failed to contribute Managements' contribution of 8.33% of Basic Pay towards Pension fund. Now, Banks/IBA can't demand for pay revision arrears towards 'Pension fund'

2. No youngster is ready to stick on to the Bank job, since a clerk gets Rs.10000/= and an officer gets Rs.20000/= which is insufficient to make both ends meet.Annual increment @Rs.500.00 or so.

3. IT industry is paying Rs.15000/= to start with @Rs.5000.00 per anum depending upon the talent of the candidate.

4. It is an open secret to note that NO youngster with talent can be retained by any bank for long; unlike our generation of employees.

5. All the affiliates of UFBU should stress up on this point to revise the bank salaries at least on par with the Central Govt., employees, IAS officers and the judiciary; so that banks can have a face-lift by the presence of teaming young generation, to serve the future generations.

6. So also the pension updation on par with Central as well as State Govt. Emplyees. 

7. Last but not the least, for point no.1 cited on non-contribution of 8.33% by banks, the credit goes to Mr.Venugopal, who ventured single-handedly &   painstakingly pursued with written complaint to RBI, Got., of India, etc.,

May I request U kindly to thank Mr.Venugopal.

regards,

Dr.Dhananjaya Bhupathi,

Syndicate Bank Pensioner.

PS.I PRAY THE ALMIGHTY TO SHOWER HIS CHOICEST BLESSINGS ON VENUGOPALJI

& ALL THE MEMBERS OF HIS FAMILY WITH FULL 100 YEARS OF LIFE WITH PERFECT HEALTH & WEALTH.

[bass]

Dear Mr.Prasad,

Nobody is under such impression that what you are thinking. People's
memory is very short. Depending upon the situation, a section of
people will respond according to their whims and fancies, may be
negatively or positively. Need not necessary to find a fault with
them. After all we are all human beings first and bankers next.

Take it light and proceed. Time only will solve every issue.
Emotionally, anything can be expected but to wait patiently for the
fruit. As long as our fundamental rights are there, in this
democratic country, we are hopeful of getting the things, but with a
little bit late.

If anybody is willing or not, it is the fact that the entire community
of pensioners are eagerly waiting for the favourable verdict in
Mr.Pradeep kukmar's case. I, being an optimist, 100% hope to get
favour in this case.

With regards
S.M.BASHA

On Sep 14, 10:46 pm, Prasad C N <cn_prasa...@yahoo.com> wrote:
> Dear Mr.Basha and friends,
>
> My effort is not to belittle anybody or say that we are part of best paid category.  But, by going by various mails, only impression that any reader of these mails would draw is Bank employees are worst paid, only bank employees are deprived of enhancement of Gratuity, updation is denied only for Bank employees, Union or Association leaders have not done any good job, etc.  
>
> There is nothing wrong in expecting best of things in life at all times.  But, most of us are senior citizens (Of course, people like me are exceptions).  Many of us have worked in Senior Positions (Of course I am not) and many of us have also participated in negotiation with Union/Associations or on behalf of Union/Association. Please ask yourself, what was your stand, then. My father is a retired Professor from Government college.  He served for more than 25 years.  His current pension is about Rs.12,000/-.  Bank retired officers in MMGS are drawing far more pension.  Please cross check, whether this is true or not.  We feel happy that if come to know we are comparatively better off.  We feel sad otherwise.  My intention is to make retirees happier.  Intention is only to present correct picture or true picture.  I am confident that true picture brings happiness and such happiness helps us to live longer.  But, expectation or aspirations
>  need to be higher.  There is no dispute in this.
>
> Before, we say that something, please do home work.  Do not carried away with what other say.  You will have to cross check with your relatives and friends about correctness of information provided by you.  Please compare pay of same category of persons.  Do not compare Bank employees with Professors and Software Engineers.  One Software engineer from Surathkal College is offered Rs.62 lakhs pay package.  Should we take that as an example ?  
>
> We expect everybody else, say Union, Associations, Retirees' Organisations, Government, etc to take care of us.  Now, we shall ask ourselves, what is that we have done to secure benefits ?  I request my friends to raise an issue and suggest ways and means to get such benefits.  Also, in that direction, what are we going to do.
>
> Let me illustrate one issue, which I have raised a long time back.  The issue is discrimination against those who retired under SVRS.  Various banks have discrimination in respect of various issues.  In our Bank, SBM, initially, in respect of loans against all securities including own deposits, by those who retired under SBMVRS-2001, interest rate was as applicable to Public.  Please find out how many of us has taken up this issue of discrimination.  What are the efforts to erase such discrimination from our side.  It is painful to note that we are treated inferior to those who were compulsorily retired or retired on punishment.   Similar, discrimination exist in most of the Banks. what have we done.  We expect somebody else to do something for us.  How many of us have filed cases in respect of 5 years benefit and 50% issues ? How many of us have filed Updation case ? Are we not expecting Mr.Pradeep Kumar to get us the benefit ?
>
> I have seen people applying three days Sick Leave, whenever there was a one day strike.  However, such practice was eliminated in SBM.  What about other banks' employees ? Now, we expect AIBEA and AIBOC to help us and accuse the leaders of making money.
>
> When there was strike on 5th August, 2011, how many of us participated in Agitation on that day. Please ensure that every friend of your become a member of your retirees' associations.  Even before that please become a member of your retirees' Organisation, if you are not one. 
>
> Let us discuss means and methods to get more and more benefits. 
>
> Thanks, a Million.
>
> With regards,
> Prasad C N
>
> ________________________________

> From: bass <basha_4...@rediffmail.com>
> To: bankpensioner <bankpe...@googlegroups.com>

> ...
>
> read more »

[bass]

Dear Sri Perumal,

We are living in a modern society as a retired people from a well
disciplined organisations, but with old school of thoughts. What we
learnt from the banking industry and from our esteemed earstwhile
managements that aim high and put all out efforts to achieve. Yes we
achieved many goals also. If not we can't enjoy this much of pension
also.

In the same way, whatever we have been asking over decades, we have
been achieving eventhough with a little bit delay. Everytime, at the
initial stage, people used to laugh at the demanded benefit. Only
visionaries have been catching the point by discounting the future
factors and fighting for the so called very very easy said factor at
an appropriate forum, like bipartite settlements, mutual understanding
with managements OR legal fight through courts of law. Same is the
case which is pending at SC filed by Mr.Pradeep kumar.

Discounting the future factors in a right and proper way, is the
reason for laughing demands. We, as an individual can't achieve
anything but at least support them who are raising new points, ideas.
Afterall, everybody can share the benefit, if achieved at a later
date.

One side we are condemning the critisism of individual members and
the other side openly appreciating individuals in the forums like
this. Both are not necessary. After all we are all retirees,
pensioners, bankers and last but not the least human beings with
emotions.

With regards
S.M.BASHA

On Sep 14, 10:36 pm, perumal maruthu <perumalmaru...@yahoo.co.in>
wrote:

> DEAR Sir
> Alas!  What a pity!  People become incresingly peevish. They are not even seeing the derived point in an analogy.
> Of all contributors, I find Sri Prasad and Sri MohandasRao express well balanced views based on facts.  It is easy to throw hotbricks or to question the past achievements or to put in simpler terms VERY VERY EASY TO SAY WHY THINGS NOT HAPPENED AS I LIKE IT. Failure to appreciate their opinion  will demoralise all right and like minded persons.
> M.Perumal
> CB-SVRS
>

> From: sureshbhat M <sureshbh...@gmail.com>
> To: bankpe...@googlegroups.com
> Sent: Wednesday, 14 September 2011 3:10 PM
> Subject: Re: bankpensioner Bankpensioner GRATUITY ENHANCEMENT
>
> Dear all
>
>    this joke is under common usage. Some times it used to call the third son as a politician; some where I read the third son becoming a teacher. Here he became a Bankman. I remember this joke (with different phrase) in Kulawant Singhji' joke book also.
>     Always enjoy the joke. Humor is a humor.
>      With regards
> Suresh Bhat M
> Canara Bank SVRS
> .................................................
>

> On Wed, Sep 14, 2011 at 12:07 AM, saradindu basu <saradindu_b...@hotmail.com> wrote:
>
> Dear Shri Prasad,
>
> >                         Jokes don't always reflect ground realities and in noway should insult anyone. Part of the joke "my third son is a 'good for nothing fellow', so I have secured a job in the Bank. (Prior to 1980)" posted by you is not of good taste.
> >-- Saradindu Basu
> >    Greater Noida.
> > 
>
> >Date: Tue, 13 Sep 2011 22:46:01 +0530

> >From: cn_prasa...@yahoo.com

>
> >Subject: bankpensioner Bankpensioner GRATUITY ENHANCEMENT

> >To: dracupress...@yahoo.in; bankpe...@googlegroups.com; bajranglal.choudh...@yahoo.in; nthe...@rediffmail.com; syndicate-bank...@googlegroups.com
> >CC: ceeyen...@gmail.com; basha_4...@rediffmail.com

>
> >Dear friends,
>
> >I have gone through some of the mails.  First, one clarification.  Banks have to contribute 10% towards Pension Fund, as per Pension Regulations.
> > 
> >Next, please stop comparing with others.  A lot of people joined Bank's service during 'economic downturn' .  Why ?
>
> >Young people does not know the difference between CTC and Pay in Banks. Even though, many have worked for decades in Banks, we do not know what is CTC for a Bank Clerk or a Chief Manager.  We cannot expect better understanding from young friends.
>
> >Now, we talk about Rs.500/- increment.  But, what about increase on account of increase in DA, increase in HRA on account of increment ?   I am from Bangalore, IT capital of the country.  I am also a practicing  Financial Planner (and Qualified too).  I also plan their finances and I am also aware of the increase.  Best case of increase in 'Pay' is about 10 to 15% p a.  But, increase in our Pension itself is 15.71%, without increment.  I want you to understand this difference. Is it not true that increase in 'Pay' of serving Bank employees far higher than the 'IT' Engineers.
>
> >A Chief Managers CTC is far more than Rs.1.00 lacs.  What is the Qualification required to become a CM.  It is only SSLC.  Many GMs in Banks are only Graduates.  A  Deputy Commissioner is an IAS Officer who has succeeded while competing with a huge numbers.  Is it not True ?
>
> >I have heard a joke, a long time back.  When parents working in Bank used to say 'My first son is extremely intelligent and so he is a Doctor.  My second son is also equally good, so he is an engineer and my third son is a 'good for nothing fellow', so I have secured a job in the Bank. (Prior to 1980)
>
> >Two of my friends joined Post Office together.  Within a few months one got a job in our Bank and other continued in Post Office.  Qualification of both of them is same.  My friend, a Clerk in Bank is getting Rs.39,000/- as salary plus a host of perks.  But, my friend in Post Office (who is Asst Post Master) is getting Rs.34,000/-, without Perks.  After next BPS, the gap will increase by another 5 thousands.  If any of my friends in this group had doubts in this group, I can scan and attach their 'Pay Slips'.
>
> >Therefore, please do 'Apple to Apple' comparison only..  Please feel proud.  We are luckier ones. Do not feel betrayed.
>
> >There is a saying in Kannada, which I have translated.  A distant Hill is plain.
>
> >Thanks, a Million.
>
> >With regards,
> >Prasad C N
>

> >From: Dr.dhananjaya Bhupathi <dracupress...@yahoo.in>
> >To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>; "bajranglal.choudh...@yahoo.in" <bajranglal.choudh...@yahoo.in>; "nthe...@rediffmail.com" <nthe...@rediffmail.com>; "syndicate-bank...@googlegroups.com" <syndicate-bank...@googlegroups.com>
> >Cc: venugopal cheriyachanaseril <ceeyen...@gmail.com>; "basha_4...@rediffmail.com" <basha_4...@rediffmail.com>; "cn_prasa...@yahoo.com" <cn_prasa...@yahoo.com>; "cn_prasa...@yahoo.com" <cn_prasa...@yahoo.com>

> >Sent: Tuesday, 13 September 2011 12:34 PM
> >Subject: Re: bankpensioner Re: Bankpensioner GRATUITY ENHANCEMENT
>
> >Dear friends,
> >The act of RBI pinpointing, in the annual audit reports,  the glaring mistake of  all the Bank Managements, as to why they failed to contribute Managements' contribution of 8.33% of Basic Pay towards Pension fund. Now, Banks/IBA can't demand for pay revision arrears towards 'Pension fund'
> >2. No youngster is ready to stick on to the Bank job, since a clerk gets Rs.10000/= and an officer gets Rs.20000/= which is insufficient to make both ends meet.Annual increment @Rs.500.00 or so.
> >3. IT industry is paying Rs.15000/= to start with @Rs.5000.00 per anum depending upon the talent of the candidate.
> >4. It is an open secret to note that NO youngster with talent can be retained by any bank for long; unlike our generation of employees.
> >5. All the affiliates of UFBU should stress up on this point to revise the bank salaries at least on par with the Central Govt., employees, IAS officers and the judiciary; so that banks can have a face-lift by the presence of teaming young generation, to serve the future generations.
> >6. So also the pension updation on par with Central as well as State Govt. Emplyees. 
>
> >7. Last but not the least, for point no.1 cited on non-contribution of 8.33% by banks, the credit goes to Mr.Venugopal, who ventured single-handedly &   painstakingly pursued with written complaint to RBI, Got., of India, etc.,
> >May I request U kindly to thank Mr.Venugopal.
> >regards,
> >Dr.Dhananjaya Bhupathi,
> >Syndicate Bank Pensioner.
> >PS.I PRAY THE ALMIGHTY TO SHOWER HIS CHOICEST BLESSINGS ON VENUGOPALJI
> >& ALL THE MEMBERS OF HIS FAMILY WITH FULL 100 YEARS OF LIFE WITH PERFECT HEALTH & WEALTH.
>

> ...
>
> read more »

[perumal maruthu]

Dear Prasadji,

Thanks for your soul-searching mail.  But, a typical bankman thinks always that his HEAD IS BIGGER THAN OTHERS.

 

M.Perumal

CB-SVRS 

 

From: Prasad C N <cn_pr...@yahoo.com>

To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Sent: Wednesday, 14 September 2011 11:16 PM
Subject: Re: bankpensioner Bankpensioner GRATUITY ENHANCEMENT

Dear Mr.Basha and friends,

My effort is not to belittle anybody or say that we are part of best paid category.  But, by going by various mails, only impression that any reader of these mails would draw is Bank employees are worst paid, only bank employees are deprived of enhancement of Gratuity, updation is denied only for Bank employees, Union or Association leaders have not done any good job, etc.  

There is nothing wrong in expecting best of things in life at all times.  But, most of us are senior citizens (Of course, people like me are exceptions).  Many of us have worked in Senior Positions (Of course I am not) and many of us have also participated in negotiation with Union/Associations or on behalf of Union/Association. Please ask yourself, what was your stand, then. My father is a retired Professor from Government college.  He served for more than 25 years.  His current pension is about Rs.12,000/-.  Bank retired officers in MMGS are drawing far more pension.  Please cross check, whether this is true or not.  We feel happy that if come to know we are comparatively better off.  We feel sad otherwise.  My intention is to make retirees happier.  Intention is only to present correct picture or true picture.  I am confident that true picture brings happiness and such happiness helps us to live longer.  But, expectation or aspirations need to be higher.  There is no dispute in this.

Before, we say that something, please do home work.  Do not carried away with what other say.  You will have to cross check with your relatives and friends about correctness of information provided by you.  Please compare pay of same category of persons.  Do not compare Bank employees with Professors and Software Engineers.  One Software engineer from Surathkal College is offered Rs.62 lakhs pay package.  Should we take that as an example ?  

We expect everybody else, say Union, Associations, Retirees' Organisations, Government, etc to take care of us.  Now, we shall ask ourselves, what is that we have done to secure benefits ?  I request my friends to raise an issue and suggest ways and means to get such benefits.  Also, in that direction, what are we going to do.

Let me illustrate one issue, which I have raised a long time back.  The issue is discrimination against those who retired under SVRS.  Various banks have discrimination in respect of various issues.  In our Bank, SBM, initially, in respect of loans against all securities including own deposits, by those who retired under SBMVRS-2001, interest rate was as applicable to Public.  Please find out how many of us has taken up this issue of discrimination.  What are the efforts to erase such discrimination from our side.  It is painful to note that we are treated inferior to those who were compulsorily retired or retired on punishment.   Similar, discrimination exist in most of the Banks. what have we done.  We expect somebody else to do something for us.  How many of us have filed cases in respect of 5 years benefit and 50% issues ? How many of us have filed Updation case ? Are we not expecting Mr.Pradeep Kumar to get us the benefit ?

I have seen people applying three days Sick Leave, whenever there was a one day strike.  However, such practice was eliminated in SBM.  What about other banks' employees ? Now, we expect AIBEA and AIBOC to help us and accuse the leaders of making money.

When there was strike on 5th August, 2011, how many of us participated in Agitation on that day. Please ensure that every friend of your become a member of your retirees' associations.  Even before that please become a member of your retirees' Organisation, if you are not one. 

Let us discuss means and methods to get more and more benefits. 

Thanks, a Million.

With regards,
Prasad C N

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[ravi jain]

sir,

 prasad, has given comments  in which some points contains truth and facts. i also am of the the opinion that we all are looking towards one case of pradeep kumar in supreme court for updation. in my opinion it will not be so easy to get this implemented in all banks even he wins, as we have seen in 5 yrs additional sevice case for pensioners inspite of wining in supreme court. a no of banks reitree are still fighting it out for getting this benefit.

i have already written about pradeep kumar case whether he is experet in service matters cases or not because a good no of lawyers are employed by banks to fight this case. no body has taken it seriously except one or two persons giving suggestion. once again i request to think on the matter again and help pradeep or file separate case at retiree union level so that lawyer having good knowledge of service matters may be appointed. futher please don't take anything/point personally. 

be happy

ravi jain (PSB) 

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[bass]

Dear friends,

Pl look into the news of yesterday. SC has issued show cause notice to
IBA/GOI/UFBU/PNB asking explanation regarding extending the benefit of
medical facilities to retired employees, despite the fact that high
court has earlier rejected the plea of employees. Like high court, SC
has not just ignored the issue, but taken up very seriously after
recognising the fundamental right of the retired employees.

Despite some employees of PNB discouraged the union's effort and made
useless comments as if it was a time waste programme, they have seen
the day, like yesterday, with a little bit surprise.

Let us pray the above four to visualise the things on humanitarian
grounds and mentally be prepared to pass on the legitimate right of
the retirees which decades together neglected, and pave the way to SC
delivers a favourable verdict.

In the same way, Mr.Manickam's demand for considering the gratuity
enhancement benefit w.e.f.1.1.2006, will definitely see a day. Only
thing needed is it should attract the attention of the right people at
the helm of affairs at IBA/GOI/courts of law. The justice is not at
length, it is a matter of days. Let us not discourage the issue and
pray for its fruitfulness.

With regards
S.M.BASHA

On Sep 15, 11:36 am, ravi jain <ravijain...@gmail.com> wrote:
> sir,
>  prasad, has given comments  in which some points contains truth and facts.
> i also am of the the opinion that we all are looking towards one case of
> pradeep kumar in supreme court for updation. in my opinion it will not be so
> easy to get this implemented in all banks even he wins, as we have seen in 5
> yrs additional sevice case for pensioners inspite of wining in supreme
> court. a no of banks reitree are still fighting it out for getting this
> benefit.
> i have already written about pradeep kumar case whether he is experet in
> service matters cases or not because a good no of lawyers are employed by
> banks to fight this case. no body has taken it seriously except one or two
> persons giving suggestion. once again i request to think on the matter again
> and help pradeep or file separate case at retiree union level so that lawyer
> having good knowledge of service matters may be appointed. futher please
> don't take anything/point personally.
> be happy
> ravi jain (PSB)

> ...
>
> read more »

[Ramesh Megaravalli]

Dear Prasad,

Gone through your rather emotional long letter.   The points you have mentioned in the letter are true.  In life Man should look down    to see the people who are leading a humble life than that of him and feel himself grateful to God for having kept him in a better position, lest, the life becomes miserable.  He should look up to see people who have achieved in life  and long for that level of achievement, so that he will grow.

We are all happily living with what we get.  No regrets.  But will be more happy if our dream comes true.

Sincerely.

Ramesh Megaravalli

To unsubscribe from this group, send email to bankpensione...@googlegroups.com.

For more options, visit this group at http://groups.google.com/group/bankpensioner?hl=en-GB.

--
M.S.Ramesh

[bass]

Dear Ramesh Sir,

You are dreaming for more happier life means you are looking up,
optimistically and dynamically. Good ! Maintain the same tempo. At the
same time kindly do not give message" to look down" to avoid miserable
life.

Please keep it in mind, with the same formula, we were looked down by
the managements, decades together, keeping us in dark and made us not
to grow by exploiting our services and not paying the right cost of
wages at right time.

At least, after learning from the low class workers, agricultural
labour, industrial labour etc., we, the bank people also got some
awareness and coming out for demanding fair wages. We are benefiting
with the introduction of DA basing on CPI of industrial labour, else
we do not have negotiated (with soft nature with shy feeling) for a
better DA and could have make our lives miserable, by this time.

Good days are a head. Looking down of pensioners/retirees legitimate
rights is not possible, any more.

We too can see better days and can live more happily. Best of luck.

With regards
S.M.BASHA














On Sep 15, 1:49 pm, Ramesh Megaravalli <ramesh.megarava...@gmail.com>
wrote:

> Dear Prasad,
> Gone through your rather emotional long letter.   The points you have
> mentioned in the letter are true.  In life Man should look down    to see
> the people who are leading a humble life than that of him and feel himself
> grateful to God for having kept him in a better position, lest, the life
> becomes miserable.  He should look up to see people who have achieved in
> life  and long for that level of achievement, so that he will grow.
>
> We are all happily living with what we get.  No regrets.  But will be more
> happy if our dream comes true.
>
> Sincerely.
> Ramesh Megaravalli
>

> > ------------------------------
> > *From:* bass <basha_4...@rediffmail.com>
>
> > *To:* bankpensioner <bankpe...@googlegroups.com>

> > *Sent:* Wednesday, 14 September 2011 1:37 PM
>
> > *Subject:* Re: bankpensioner Bankpensioner GRATUITY ENHANCEMENT

> ...
>
> read more »

[venkat rao]

Excellent piece of writing.Very matured analysis.People always think
negatively.Your writings are an asset to our forum.Nothing comes free in this
world.Prepare for the worst.Hope for the best.Thank you Dear Basha

Venkatrao.H
SBM Mysore

----- Original Message ----
From: bass <basha...@rediffmail.com>
To: bankpensioner <bankpe...@googlegroups.com>

Dear Mr.Prasad,

With regards
S.M.BASHA

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[Prasad C N]

Dear friends,

I have observed some of the comments on my mail.  My intention was only to provoke my fellow retirees to react and offer means and methods to achieve objectives.  But, I do not find many comments on following few lines, which I have reproduced, hereunder :

'We expect everybody else, say Union, Associations, Retirees' Organisations, Government, etc to take care of us.  Now, we shall ask ourselves, what is that we have done to secure benefits ?  I request my friends to raise an issue and suggest ways and means to get such benefits.  Also, in that direction, what are we going to do.

Let me illustrate one issue, which I have raised a long time back.  The issue is discrimination against those who retired under SVRS.  Various banks have discrimination in respect of various issues.  In our Bank, SBM, initially, in respect of loans against all securities including own deposits, by those who retired under SBMVRS-2001, interest rate was as applicable to Public.  Please find out how many of us has taken up this issue of discrimination.  What are the efforts to erase such discrimination from our side.  It is painful to note that we are treated inferior to those who were compulsorily retired or retired on punishment.   Similar, discrimination exist in most of the Banks. what have we done.  We expect somebody else to do something for us.  How many of us have filed cases in respect of 5 years benefit and 50% issues ? How many of us have filed Updation case ? Are we not expecting Mr.Pradeep Kumar to get us the benefit ?

I have seen people applying three days Sick Leave, whenever there was a one day strike.  However, such practice was eliminated in SBM.  What about other banks' employees ? Now, we expect AIBEA and AIBOC to help us and accuse the leaders of making money.

When there was strike on 5th August, 2011, how many of us participated in Agitation on that day. Please ensure that every friend of your become a member of your retirees' associations.  Even before that please become a member of your retirees' Organisation, if you are not one. 

Let us discuss means and methods to get more and more benefits.'

Perhaps, my friends have not understood reason, meaning and intent behind about above comments. 

'Please do not spend time on commenting on others.  Do not find fault with others. Please list achievable  issues, discuss means and methods to achieve the same'.

Thanks, a Million.

With regards,
Prasad C N

---

From: venkat rao <venka...@yahoo.co.in>
To: bankpe...@googlegroups.com
Sent: Thursday, 15 September 2011 7:47 PM

bankpensioner+unsub...@googlegroups.com.

For more options, visit this group at
http://groups.google.com/group/bankpensioner?hl=en-GB.

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[pady nabs]

Dear Prasadji, Unless we have a unified organisation for retirees (I mean all retirees --no discrimination between superannuation/vrs/svrs retirees), it is difficult to achieve everyones need.say what we want, uniform medical benefits, health care, D.A. increase for every 3 motnths , a dignified fixation in tune with every bi/partite agreement. no comparison with I.T.people/college professors.Ours is a separate entity.   Within a short ambit, what all best possible, we have to collectively bargain under one confirmity leadership with the right forum.   regards, padmanabhan

--- On Thu, 15/9/11, Prasad C N <cn_pr...@yahoo.com> wrote:

From: Prasad C N <cn_pr...@yahoo.com>

To unsubscribe from this group, send email to bankpensione...@googlegroups.com.

[Ramesh Megaravalli]

My dear Mr.Basha,

You have mistaken me. I have not sent any message to look down to avoid miserable life.  I have just quoted the philosophy of life.  Also we should not look down upon anybody and no one should look down upon us, because all are human beings. As regards our (Pensioners) case, why should we feel that the management is looking down upon us?  Of course they are dodging payment of our rightful share. We should not belittle ourselves thinking that we are being looked down upon.

As you have said, good days are ahead of us.  Let our dreams continue till it comes true.

Let us live holding high our stately head.

Sincerely.

Ramesh Megaravalli

> ...
>
> read more »

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[bass]

Dear Ramesh Sir,

I never mistook anybody. Take it easy. Philosophywise, you are O.K.
But keep it mind that we are living in a modern computer driven
society and better to come out of the old school of thoughts. My
concern is whatever message anybody is giving should be proactivate
others towards betterment over past.

Now, as pensioners, we are all covered under the various laws which
can take care of our legitimate rights. We are not at anybody's mercy.
Whatever we are getting is because of our life time contribution to
our parent organisation and it is their obligation to look after us,
till last breath.

So, let us hope that the law will take of its own course, periodically
if not timely, and we will be well protected, and lead a better life.

With regards
S.M.BASHA

On Sep 15, 3:48 pm, Ramesh Megaravalli <ramesh.megarava...@gmail.com>
wrote:

> My dear Mr.Basha,
>
> You have mistaken me. I have not sent any message to look down to avoid
> miserable life.  I have just quoted the philosophy of life.  Also we should
> not look down upon anybody and no one should look down upon us, because all
> are human beings. As regards our (Pensioners) case, why should we feel that
> the management is looking down upon us?  Of course they are dodging payment
> of our rightful share. We should not belittle ourselves thinking that we are
> being looked down upon.
>
> As you have said, good days are ahead of us.  Let our dreams continue till
> it comes true.
> Let us live holding high our stately head.
>
> Sincerely.
> Ramesh Megaravalli
>

> ...
>
> read more »

[sureshbhat M]

Dear Basha Sab

     You are exactly right that we are all covered under various Laws taking care of our rights- but unfortunately maximum of laws have unlimited loopholes. More we patch up them through courts, more will surface. Modern world always create more complications to the older. 

     Present is always optimistic towards future and laugh at the past. 

    Regarding Gratuity from 2006, pls note that even Govt employees are not seeking to predate it from 2000 or backword. Bcause law is a law.I believe that indepth study of this part of Gratuity rule need to be studied and discussed with legal experts. Only on getting positive reply them we can move further.   Whether the Bank managements have right/ discretion to predate it to 2006? This need to be ascertained first.  ANYBODY HAVE LEGAL EXPERTISE NEED TO PROCEED FURTHER IN THE MATTER. Untill  that time keep aside emotional factors of loosing money by pro 2006 retirees. Because, if available, pre 2006 retirees also interested to claim enhanced gratuity.!-but who supports us?

With regards

Suresh Bhat M

Canara Bank SVRS.

  
...................................................................................................................

[bass]

Dear Sir,

Gratuity act was amended legally w.e.f.1.1.2006, as per law. Because
law is law, we must abide by it. But, on 24.5.2010, the law makers
have extended the benefit to some other sectors of the employees
prospectively instead of considering the same retrospectively, on
various grounds. That is the reason for the present cry of those who
are in that bracket i.e.retirees from 1.1.2006 to 23.5.2010.

If you keenly observe, on what grounds the bill was presented to the
cabinet committee, lok sabha, rajya sabha and finally president of
india. The request in it which received from lakhs of employees and
well noted trade unions, is to consider the bill retrospectively, to
maintain equal justice. Upto the president level, the bill was passed
without effective date but leaving the discretion to the union
government/concerned ministry.

In the same way on the day of introduction of the bill on 24.5.2010,
please go through the contents of the concerned minister's remarks and
explanation given for its inability to consider the bill with
retrospective date. It was unfortunate that union government to come
out with such reasons in this democratic nation.

Law will take care of all of its laws and do justice and also set
right the things when the law makers become law breakers, periodically
if not timely.

Time only will solve all our problems. Let us hope for the best and
wait patiently.

With regards
S.M.BASHA

On Sep 16, 10:11 am, sureshbhat M <sureshbh...@gmail.com> wrote:
> Dear Basha Sab
>
>      You are exactly right that we are all covered under various Laws taking
> care of our rights- but unfortunately maximum of laws have unlimited
> loopholes. More we patch up them through courts, more will surface. Modern
> world always create more complications to the older.
>
>      Present is always optimistic towards future and laugh at the past.
>
>     Regarding Gratuity from 2006, pls note that even Govt employees are not
> seeking to predate it from 2000 or backword. Bcause law is a law.I believe
> that indepth study of this part of Gratuity rule need to be studied and
> discussed with legal experts. Only on getting positive reply them we can
> move further.   Whether the Bank managements have right/ discretion to
> predate it to 2006? This need to be ascertained first.  ANYBODY HAVE LEGAL
> EXPERTISE NEED TO PROCEED FURTHER IN THE MATTER. Untill  that time keep
> aside emotional factors of loosing money by pro 2006 retirees. Because, if
> available, pre 2006 retirees also interested to claim enhanced
> gratuity.!-but who supports us?
>
> With regards
> Suresh Bhat M
> Canara Bank SVRS.
>
> ...................................................................................................................
>

> ...
>
> read more »

[Krishna M Ramadugu]

-------Original Message-------

From: bass Date: 9/10/2011 7:12:02 PM To: bankpensioner Subject: bankpensioner Re: Bankpensioner GRATUITY ENHANCEMENT   Dear Sir,

Pl find some extracts from Pay commission site, which discussed the salary difference between bankers and govt employees, for information.     "PSU Bank Salary : Lower than their Govt. counterparts.": SBI Staff Association. State Bank of India, it appears, will continue to struggle with the problem of staff shortage unless the remuneration of its employees is significantly stepped up.   According to the State Bank of India Staff Association, Bengal Circle, more than 13,500 employees of the bank retired in 2008-09, and though the bank recruited 33,000 people during the year, an estimated 40 per

With regards S.M.BASHA

On Sep 10, 1:08 pm, Prasad C N <cn_prasa...@yahoo.com> wrote: > Dear Mr.Basha, > r > The increase for Central Govt employees is 30%.  Please go through my earlier mail regarding addition of load, wherein it is clearly mention about the percentage of Increase. (Pay commission recommendation is for 10 years). > > The Bank employees have got more than 30% by taking into account aggregate of benefit of two settlement. > > Please verify facts, before commenting.  Now, please check pay of Central Government employee with same qualification,  who joined on the day you have joined.  Compare. > > For the FY 2010-11, Pay of Gazetted Officer, who has served for more than 30 years is Rs.452734/-. > They do not have perks like Banks Officers have.  Now, compare this with a salary of a Special Assistant, with both parts CAIIB, working in a metro.  He is drawing more than the above figures.  If any of you has got doubt, I am prepared to send Form 16 of both the cases. >

> Thanks, a Million. > > With regards, > Prasad C N >

> ________________________________ > From: bass <basha_4...@rediffmail.com> > To: bankpensioner <bankpe...@googlegroups.com>

> Sent: Friday, 9 September 2011 11:50 PM > Subject: Re: bankpensioner Bankpensioner GRATUITY ENHANCEMENT > > Dear Sir, > > One recent example I want to quote. When negotiations starts for 9th > bipartite, the govt & iba offered 3-4% benefit and beyond that not > ready even to continue further dialogue. On the other hand, more than > 50% benefit was given to central govt employees basing on the > recommendations of the pay commission. In real terms, they have to > give more than 50% benefit to bank officers basing on the risk > undertaken by the poor bank officer comparing to any govt official and

> performing crucial role in earning crores of profit and as a result > increasing GDP. > > Ultimately, by exploiting the weekness of the unions, successfully > restricted the benefit to 17.5% only against the genuine demand of > 30%. The govt , at least has not think about the real cost of services > rendered by the bank employees which are very much helpful to them to > give handsome salaries to its employees and to run their governments > peacefully. Post settlement profits of the banks proves that the huge > burden wage revision is not a real burden at all. > > Same is the case with gratuity. Mr.Manickam sir's first message is > sufficient to understand the mood of an average bank retiree. > > Leave all these things. A few years back what were the salaries of > central govt employees ? Minimum 30 to 40% less than us. Now, the > scene was reversed. If the govt has think lawfully and taken the cost > of services, this might not be happen. Our request to extend the > gratuity benefit which was given to central govt employees is just > demand on humanitarian grounds and not an innovated one. > > I request every body to co-operate and support the genuine cause. > > With regards, > S.M.BASHA > > On Sep 9, 7:57 pm, Prasad C N <cn_prasa...@yahoo.com> wrote: > > > Dear Mr.Manickam, > > > There is nothing wrong in expecting improvements.  Even I am also happy if there are improvements and I may also be a beneficiary. > > > I had to clarify the correct position and implication.  We should also think about the possibility of securing the benefit. > > > There are two types of benefits.  Some benefits can be claimed as a 'legal right'.  5 year notional service, 50% pay, Updation, 100% nutralisation, Inclusion of Leave on loss of pay/Temporary service for calculation of Gratuity/Pension etc. are examples where affected retirees have legal right to claim. > > But, there are many issues like another option for pension, increase in pension, etc are not part of issues where we claim benefit as a legal right.  It can be achieved only through request, appeal, strike, etc. > > > Unfortunately, effective date of Gratuity is in the second category and effective date can be earlier to 24.5.2010, only for Bank employees, if Bank Managements agree.  It is difficult to expect the Government to alter the effective date, as this has implication on several industries which are incurring loss or barely managing to pay salary. > > > > For any Trade Union, priority is 'Roti'.  If any Organisation feels that such an action is going to affect any such group of people who are likely to forego existing benefit, then that Organisation will certainly oppose such a move or do not pursue such an issue. > > > All of you are experienced, matured and knowledgeable.  You have managed branches, including large branches.  You have full information at your command. Please think logically > > and prudently.  Please think what you would have done, if you are in a present decision maker's position.  Thereafter, raise issues. > > > Once, you do home work and you are confident that it is possible to achieve, then think and suggest way and means to achieve it.  Please do not raise issues, without understanding law, meaning, cost, applicability, possibility, etc.

> > > Thanks, a Million. > > > With regards, > > Prasad C N >

> > ________________________________ > > From: y.manickam <manicka...@gmail.com> > > To: bankpensioner <bankpe...@googlegroups.com> > > Sent: Friday, 9 September 2011 9:55 AM > > Subject: Re: bankpensioner Bankpensioner GRATUITY ENHANCEMENT > > > DEAR SHRI PRASAD,within the banks there are anomalies,but REVISED > > GRATUITY EFFECTIVE DATE is common for all employees.This will have a > > uniform effect in all banks since the amount and date of > > implementation being the same all retirees of this batch irrespective > > of the bank they have worked and retired will stand to be benefited.As > > DHARMAPUTRA said we 105 when we fight an outsider.Hope this much of > > elucidation is enough,now let us know in clear terms whether there any > > hope still in this matter,and whether the EMPLOYEE REPRESENTATIVES are > > taking up with the banks on the lines given by the HON.MINISTER. > > REGARD AND PRANAMS,I am not harsh on you personally  and admire your > > inner knowledge in several matters.

> > On Sep 8, 9:30 pm, ravi jain <ravijain...@gmail.com> wrote: > > > > sir,

> > > keep this spirit. > > > be happy > > > ravi jain > > > > On 8 September 2011 13:06, sureshbhat M <sureshbh...@gmail.com> wrote:> Dear Sirs > > > > >      Those who retired between 01/01/2006 to 23/05/2010 are really > > > > unfortunate to loose enhanced gratuity. But very those people- during their > > > > service- did not fight for the cause of pension updation of those retired > > > > before 2002, untill they retire. During their service they did > > > > not influence their unions to set right it (may be they were busy > > > > calculating higher arrears by depriving old pensioners,  in the next > > > > settlement). Now very same unions are taking the very same interest towards > > > > the retirees of 2006 to 2010as ALL THE PENSIONERS ARE SAME- HOW OLD > > > > IS IMMATERIAL. > > > > >      AT LEAST WE HAVE TO APPRECIATE ALL THE UNIONS AS THEY ARE VERY VERY > > > > IMPARTIAL TOWARDS ALL THE PENSIONERS and never care for any pensioner.

> > > > > With regards > > > > Suresh Bhat M > > > > Canara Bank SVRS > > > > ........................................................

> > > >   On Wed, Sep 7, 2011 at 11:32 PM, Prasad C N <cn_prasa...@yahoo.com>wrote: > > > > >>  Dear friends, > > > > >> Please remember, IBA represents non-public sector Banks also (i.e Private > > > >> Banks).  The Banks are paying more than Gratuity ceiling, if amount payable > > > >> under agreement is more than amount payable under Act. > > > > >> You are talking about loss of Rs.6.50 lacs.  Please find out what is the > > > >> loss for those PF optees who retired on 26.04.2010.  What about those who > > > >> retired on 31.12.1985. If the date fixed is 1.6.2006, then what about > > > >> those who retired on 31.5.2006. > > > > >> I repeat, Gratuity payable to a Bank employee can be more than Rs.10 lacs, > > > >> now and was more than Rs.3.50 lacs.  Our Unions have entered into an > > > >> Agreement a long time back.

> > > > >> Thanks, a Million. > > > > >> With regards, > > > >> Prasad C N > > > >>  ------------------------------

> > > >> *From:* y.manickam <manicka...@gmail.com> > > > >> *To:* bankpensioner <bankpe...@googlegroups.com> > > > >> *Sent:* Wednesday, 7 September 2011 5:54 PM > > > >> *Subject:* Re: bankpensioner GRATUITY ENHANCEMENT > > > > >> Any amount of explanations will not make good the glaring loss to the > > > >> unfortunate retirees of the 01/01/2006/23/05/2010 batch.Despite the > > > >> reasons stated the ASSNS./UNIONS have not pursued with earnestness in > > > >> this matter.They should/would have got it with a timely action . As > > > >> per the statement citing payment of gratuity over and above the limit > > > >> to some employees ,well we are happy but why this was not made > > > >> applicable to all?any legal hurdle could have been overcome as, as per > > > >> your statement,, the employer(govt.) has increased the ceiling  for > > > >> govt. employees,here it is to be substituted with BANKS in the place > > > >> of GOVT. and BANK EMPLOYEES in the place of GOVT.EMPLOYEES.If as per > > > >> your statement there are employers who cannot pay,why the employer who > > > >> can pay has not made the payment?the worse part is dating.A person > > > >> upto 23/05/2010 not eligible,a person from 24/05/2010 gets a hike of > > > >> 6.50 lakhs over night.The grumblings of the unfortunate retirees group > > > >> is 100%correct,what with more than 30 to 40 years of service ,over the > > > >> raw deal meted out to them.The increase to Rs.10lakhs is a recurring > > > >> expenditure to all banks and if they can afford why not for the few > > > >> retirees between01/01/2006 to 23/05/2010?THE GOVT,.MINISTRY OF > > > >> LABOUR ,THE UNIONS , ASSOCIATIONS AND BANK /PUBLIC SECTOR MANAGEMENTS > > > >> HAVE  BETRAYED THEIR SENIOR EMPLOYEES AND LET THEM DOWN VERY VERY > > > >> BADLY.THIS IS THE FACT, BITTER FACT.SORRY STATE OF AFFAIRS. > > > >> On Sep 6, 10:28 pm, Prasad C N <cn_prasa...@yahoo.com> wrote: > > > >> > Dear Mr.Pilla Nageshwara Rao, > > > > >> > There are differences between payment of Gratuity by the Government and > > > >> Banks.

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[bass]

Dear Krishna Murthy Sir,

Nothing is there to read.
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Please describe in brief, the very meaning of this message connecting
to gratuity enhancement.

With regards
S.M.BASHA

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[venkat rao]

Dear Basha,
Thanks for positive letter and keep it up.
Venkatrao.H
SBM Mysore

--- On Thu, 15/9/11, bass <basha...@rediffmail.com> wrote: