BANK STRIKE ON 31ST JAN AND 1ST FEB'2020 STAND
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PM
Jan 28, 2020, 7:02:07 AM1/28/20
to bankpensioner
For Information:
Since no concences were arrived in CLC(C) meet Dt 27.1.2020,with IBA ,UFBU has decided to proceed with strike on 31st January and February 2020 as scheduled. We can also see that unions are careful not to give any call for strike after second week of March '2020,and though an indefinite strike call is given from 1st April '2020,the possibility is remote in that case.
From the past history of wage revision talks,it was made clear by UFBU that wage revision negotiations may drag to 30 or 33 months to get it signed for reasons now known to all employees. Any one can understand if it was an affair of 1970s 0r 80s when banks were not computerised or advanced as of now.
At present scenario, when all data and cost implications can be arrived instantly by IBA the reason for taking two years to fix a final percentage of hike in wage of employees may not be digested.
Same structure or modality is found continued in past settlements
such as merger of DA,at CPI points existed prior to one year of due date of settlement( let it be 4440 in Xth BPS or 6352 points in latest ) and an additional load of 2% to wards basic pay and remaining percentage as special allowances which would not reckon for purpose of pension.
Special allowance is a newly invented injustice especially to pensioners.Kerala High Court has given recently a favourable verdict in this regard against Corporation Bank.It is yet to be known whether bank preferred an appeal in this case.
Friends,while these unwanted delay is taking place once in every five years, more benefit is not found secured by employees. Retirees no where come in the picture.
Credibility of present leaders have already lost on 25.5.2015,when they signed an exclusive denial note against all retirees jointly with IBA without even a protest.
Still retirees/ spouces of deceased pensioners look forward to these rituals of once in five years continued, anticipating that at least some of their demands may be sorted out under current negotiation process.
Legal recourse is also going on resolving retirees few issues
and only hope for retirees is the judiciary in our country.
Copy of UFBU circular is attached here below.
PM
Jan 28, 2020, 7:14:59 AM1/28/20
to bankpensioner
FOR INFORMATION:
Former Managing Director & Chief Executive Officer of Punjab National Bank Shri Sunil Mehta took over as Chief Executive of IBA on 27th January 2020.
PM
Jan 30, 2020, 8:16:31 AM1/30/20
to bankpensioner
FOR INFORMATION:
Bank Strike Tomorrow And Day After
Banking services across India may be affected for two days from tomorrow as several public sector bank employees' unions have decided to sit on a two-day bank strike. The United Forum of Bank Unions (UFBU) has given the call for the January 31 bank employees strike. The UFBU is an umbrella organisation that includes 9 bank unions such as All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers.
Thousands of bank employees, who have been waiting for a pay hike since November 2017, are likely to join the protest.
SBI and other PSU banks have notified their customers that services are likely to be affected due to the proposed two-day nationwide strike on 31 Jan and 1st Fab 2020.
Officials of the labour department and finance ministry had tried to convince the bank union against going on the strike but the matter could not be resolved amicably between Indian Banks' Association (IBA) and representatives of the United Forum of Bank Unions due to differences.
Many retirees are hopeful that UFBU will take the issues related to retirees also while negotiating wage revision for working bank employees . But as per my assessment of past record and present style of commitment by leaders of various associations and UFBU is concerned , I feel that neither IBA nor Bank union leaders will talk of problems related to retirees.
Bank retirees are left with two options , that is legal action or mass agitation all over the country. It is worthwhile to mention here that hundreds and thousands of letters have been written to Government of India, Ministry of Finance and through several Members of Parliament requesting them to resolve issues pertaining to pensioners. Unfortunately government has not paid any attention to their letters despite lapse of years and decades.
Since retirees are scattered in various corners of the country and they are divided in various forums, it is not possible for them to adopt the course of Mass agitation and continue it for months and years as retired armed force personnels did in recent past . Further retirees are mostly in old age and physically not as fit as working employees in young ages use to be.
And it is certain that government do not listen to demand as long as it become aggresive and vote killer. As such the option of mass agitation has little scope of success.
Obviously bank retirees are left with one and only one option of legal action. It gives much relief that many officers have already filed cases in various courts. Many officers of many banks have filed their claims for gratuity arrear in the office of Asst Labour Commission falling in their area of retirement or residence. It is a matter of joy that many officers have got favourable orders from ALC . Still banks are not paying arrear of gratuity to petitioners. Banks have in some cases filed appeal in higher courts and litigation continues. Similarly cases related to pension updation are pending in High court. It indicates the intention of government too.
If we can file a joint case in Supreme Court or High court forming a big group of aggrieved officers , it will have faster affect .We can extend moral and financial power to those who are fighting their cases in courts of law.
It is however certain that retirees who are expecting positive results from bank unions AIBOC or AIBEA or UFBU, they are wondering in dreamland. This is because grievance of pension updating is more thab two decades old and that of gratuity uniformity for more than a decade. During this long period many Bipartite Settlements have taken place and every time union leaders promised to raise issues of retirees and everytime failed to achieve anything in result. This proves the intention behind all such promises.
-i b news.29th.
On Tuesday, 28 January 2020 17:32:07 UTC+5:30, PM wrote:
PM
Jan 30, 2020, 12:59:01 PM1/30/20
to bankpensioner
Press Release of AIBEA. AND IBA on bank strike on 31st Jan and 1st Feb'2020,are
attached for information:
On Tuesday, 28 January 2020 17:32:07 UTC+5:30, PM wrote:
PM
Jan 30, 2020, 10:38:55 PM1/30/20
to bankpensioner
Dear Friends,
Some time it happens.
As we know most of the banks are making payment of monthly pension to its pensioners,on 1st of next month or thereafter if it happens to be a holiday.
There are few other banks like SBI etc,who make the payment of pension on pre fixed dates before last day of the month.
This time despite two days strike on last day of January and 1st of February, few banks such as Bank of India,Canara Bank,Corporation Bank etc have paid pension on 30, and 31st Jan.,There may have other banks too in this category.
This gesture of banks to be appreciated.
I7
PM
Jan 30, 2020, 11:00:25 PM1/30/20
to bankpensioner
For Information:
Talks dated 30th Jan 2020 with IBA,as per reports:
Today Negotiations for 11th BPS started at 11.30am at IBA Office Mumbai.
Negotiations committee chairman first offer to start negotiations if two days strike of UFBU withdraw. UFBU Clear their stand by reminding 12points demand. After that Chairman cleared all the points.
1. Offer 13%on pay slip comprising a cost of Rs 6845crores. He further clarified that if we take load of 2%then cost will escalate to Rs. 12391crores which will come to 14%.
2. On 5day banking they told to continue the discussion but there was not any commitment.
3. On merger of spl pay component 7.75% they offer to merge within over all component which was not acceptable at all.
4. On revision of pension n family pension they had offer to talk but outside the perview of 11BPS which was not acceptable.
5. On staff welfare, Income tax n Equal wage for equal work they have told that it is under Govt jurisdiction.
6. On uniform banking hours n restricted working hours they had told that we are doing business n it is not in our hand.
7.On introduction of leave bank- Not acceptable.
8. On PLI they told to relook.
After that they told these all offers are only acceptable if strike withdrawn.
UFBU met separately n rejected these offers.
2nd Round discussion started at 2.10pm IBA Offered 13.5% which was also not acceptable.
Again UFBU discussed separately n told that without commitment of 15%on pay slip we can not move further.Then meeting adjourned.
In the meantime when we were on the way to Hotel we had been called at SBI Corporate office to discuss further in which IBA chairman coffered 15% including load factor, 5days PL encashment n spl pay which was not acceptable.
This was the development. Hope our rank n file will understand the position n will actively participate in the two days strike to make a grand success.
- Version of NOBW
***. ***. **"
BANK KARMACHARI SENA MAHASANGH
========================
XI Bipartite Settlement
÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷
Today's Negotiations
******************************
On Thursday 30 January 2020 another round of Negotiations took place at IBA office, Cuffe Parade, Mumbai.
BKSM was represented by our Dy General Secretary Sri. VINOD NIKAM.
Following discussion emerged :
1. Salary Increase : IBA offered rise of 13% initially which was gradually raised to *13.50 %* on Pay Slip. Earlier offer was 12.25%.
Unions were adamant on at least 15% hike on Pay Slip.
Talks failed. UFBU also refused to withdraw it's strike call.
IBA made it clear that today's offer for increase at 13.50% was for today only. Next round will begin from earlier offer of 12.25%.
2. Increase on Spl Allowances may not be added to loading factor.
3. Unions insisted for relook into their demand for "five day week".
4. Officers are required to work till very late regularly. Unions wanted IBA to fix their Working Hours. IBA showed it's inability to do so.
5. Increase in Family Pension : IBA said it's not part of this settlement. It's a separate issue. It's not time to discuss FP issue in the middle of main wage revision.
6. Offered facility for encashment of PL of 5/7 days per annum will not be part of load, clarified IBA.
7. IBA clarified that replacing NPS OR improving returns from it is not in the jurisdiction of IBA.
8. IBA also clarified that introduction of 'Leave Bank' will not be possible.
9. PLI or Performance Linked Incentive offered last time will be Re - worked as it was linked to Fixed Pay hike of 12.25%. With increase in Fixed Pay component, PLI has to be re - worked.
10. Quantum of Salary Rise has direct link with arrears payable. They are due from Nov 2017.
IBA appears adamant on not giving expected Pay hike. Let us see what happens in future negotiations.
- ib news 30th.
Talks dated 30th Jan 2020 with IBA,as per reports:
Today Negotiations for 11th BPS started at 11.30am at IBA Office Mumbai.
Negotiations committee chairman first offer to start negotiations if two days strike of UFBU withdraw. UFBU Clear their stand by reminding 12points demand. After that Chairman cleared all the points.
1. Offer 13%on pay slip comprising a cost of Rs 6845crores. He further clarified that if we take load of 2%then cost will escalate to Rs. 12391crores which will come to 14%.
2. On 5day banking they told to continue the discussion but there was not any commitment.
3. On merger of spl pay component 7.75% they offer to merge within over all component which was not acceptable at all.
4. On revision of pension n family pension they had offer to talk but outside the perview of 11BPS which was not acceptable.
5. On staff welfare, Income tax n Equal wage for equal work they have told that it is under Govt jurisdiction.
6. On uniform banking hours n restricted working hours they had told that we are doing business n it is not in our hand.
7.On introduction of leave bank- Not acceptable.
8. On PLI they told to relook.
After that they told these all offers are only acceptable if strike withdrawn.
UFBU met separately n rejected these offers.
2nd Round discussion started at 2.10pm IBA Offered 13.5% which was also not acceptable.
Again UFBU discussed separately n told that without commitment of 15%on pay slip we can not move further.Then meeting adjourned.
In the meantime when we were on the way to Hotel we had been called at SBI Corporate office to discuss further in which IBA chairman coffered 15% including load factor, 5days PL encashment n spl pay which was not acceptable.
This was the development. Hope our rank n file will understand the position n will actively participate in the two days strike to make a grand success.
- Version of NOBW
***. ***. **"
BANK KARMACHARI SENA MAHASANGH
========================
XI Bipartite Settlement
÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷
Today's Negotiations
******************************
On Thursday 30 January 2020 another round of Negotiations took place at IBA office, Cuffe Parade, Mumbai.
BKSM was represented by our Dy General Secretary Sri. VINOD NIKAM.
Following discussion emerged :
1. Salary Increase : IBA offered rise of 13% initially which was gradually raised to *13.50 %* on Pay Slip. Earlier offer was 12.25%.
Unions were adamant on at least 15% hike on Pay Slip.
Talks failed. UFBU also refused to withdraw it's strike call.
IBA made it clear that today's offer for increase at 13.50% was for today only. Next round will begin from earlier offer of 12.25%.
2. Increase on Spl Allowances may not be added to loading factor.
3. Unions insisted for relook into their demand for "five day week".
4. Officers are required to work till very late regularly. Unions wanted IBA to fix their Working Hours. IBA showed it's inability to do so.
5. Increase in Family Pension : IBA said it's not part of this settlement. It's a separate issue. It's not time to discuss FP issue in the middle of main wage revision.
6. Offered facility for encashment of PL of 5/7 days per annum will not be part of load, clarified IBA.
7. IBA clarified that replacing NPS OR improving returns from it is not in the jurisdiction of IBA.
8. IBA also clarified that introduction of 'Leave Bank' will not be possible.
9. PLI or Performance Linked Incentive offered last time will be Re - worked as it was linked to Fixed Pay hike of 12.25%. With increase in Fixed Pay component, PLI has to be re - worked.
10. Quantum of Salary Rise has direct link with arrears payable. They are due from Nov 2017.
IBA appears adamant on not giving expected Pay hike. Let us see what happens in future negotiations.
- ib news 30th.
Parvatam Veera Bhadra Swamy
Jan 30, 2020, 11:19:32 PM1/30/20
to bankpe...@googlegroups.com
Dear PM Sir,
You have clearly mentioned the present position of retirees and the future course of action after concluding the bipartite talks without any achievements in retirees issues.
Let us try to achieve our demands through legal action as suggested by you
and I am ready to join in this struggle.
Thanks and regards,
PVB Swamy
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Velayudhan Nair
Jan 30, 2020, 11:19:50 PM1/30/20
to bankpe...@googlegroups.com
I endorse this view, dear PMji.
"Bank retirees are left with two options , that is legal action or
mass agitation all over the country. It is worthwhile to mention here
that hundreds and thousands of letters have been written to Government
of India, Ministry of Finance and through several Members of
Parliament requesting them to resolve issues pertaining to pensioners.
Unfortunately government has not paid any attention to their letters
despite lapse of years and decades."
Out of this, only legal steps is the best option as we had enough of
organisational actions.Let both side by side.
My view is that all the High Courts in India should be flooded with
bank retirees cases.We should locate good but not that costly
advocates everywhere, who could use good offices to get the cases
listed fast.
Each retiree in the country can spare at least 1000 rupees from his
pocket.Let the retirees form small groups of 250 or 500.The judiciary
should get fed up wit h the flurry of cases.Then one day, SC may have
to step in and study the issue.Let us confine only to one
issue-updation.Let the other issues remain behind the curtain for
now.Many in this group can rally around knowledgeable persons like
S/Shri CNP, D S Murthy etc etc.(There are many like these).
We have to start the work forthwith.We have wasted more than two
decades.Now we need not let the IBA-UFBU combine to escape.If Shri CNP
proceeds with the section 37 issue, UFBU would be made answerable.
Litigation my provide us more ambience , though it may take a bit of
time and energy.But as I noted, good advocates can expedite
things.All t he cases should reach the SC at the earliest.Unwise
efforts like creating roadblocks in the BPS etc may not yield
results.Let us proceed with our issues.
AIBOC+AIBEA +NCBE combination has their own issues-not the retires'
ones.For them, we are of no use, though we are of use to us.
So, better let us not delay in the matter.
By the by, many paper of the retirees will send some useless letters
to space and keep q uiet with their usual meets-tea, vada, snacks +in
some cases, chits , and badde bathem while in their service.Such arm
chair leaders brought more distress to bank retirees.Now let them take
rest and go away.I know many such leaders who are office bearers of
many outfits.Whom do such persons work for ?
Let us ponder over....This time, WE HAVE TO ACT.Else, we would be perished...
warm reg
CPVNAIR
"Bank retirees are left with two options , that is legal action or
mass agitation all over the country. It is worthwhile to mention here
that hundreds and thousands of letters have been written to Government
of India, Ministry of Finance and through several Members of
Parliament requesting them to resolve issues pertaining to pensioners.
Unfortunately government has not paid any attention to their letters
despite lapse of years and decades."
organisational actions.Let both side by side.
My view is that all the High Courts in India should be flooded with
bank retirees cases.We should locate good but not that costly
advocates everywhere, who could use good offices to get the cases
listed fast.
Each retiree in the country can spare at least 1000 rupees from his
pocket.Let the retirees form small groups of 250 or 500.The judiciary
should get fed up wit h the flurry of cases.Then one day, SC may have
to step in and study the issue.Let us confine only to one
issue-updation.Let the other issues remain behind the curtain for
now.Many in this group can rally around knowledgeable persons like
S/Shri CNP, D S Murthy etc etc.(There are many like these).
We have to start the work forthwith.We have wasted more than two
decades.Now we need not let the IBA-UFBU combine to escape.If Shri CNP
proceeds with the section 37 issue, UFBU would be made answerable.
Litigation my provide us more ambience , though it may take a bit of
time and energy.But as I noted, good advocates can expedite
things.All t he cases should reach the SC at the earliest.Unwise
efforts like creating roadblocks in the BPS etc may not yield
results.Let us proceed with our issues.
AIBOC+AIBEA +NCBE combination has their own issues-not the retires'
ones.For them, we are of no use, though we are of use to us.
So, better let us not delay in the matter.
By the by, many paper of the retirees will send some useless letters
to space and keep q uiet with their usual meets-tea, vada, snacks +in
some cases, chits , and badde bathem while in their service.Such arm
chair leaders brought more distress to bank retirees.Now let them take
rest and go away.I know many such leaders who are office bearers of
many outfits.Whom do such persons work for ?
Let us ponder over....This time, WE HAVE TO ACT.Else, we would be perished...
warm reg
CPVNAIR
JSOMA SHEKARA
Jan 30, 2020, 11:21:00 PM1/30/20
to bankpe...@googlegroups.com
Please refer earlier postings in this forum. We have predicted this 100% Perfect. Earlier we have already said several times that IBA has authority to settle wage revision @15% same as last year. Both UFBU and IBA will settle @15% and bury retirees issues. Strike will be withdrawn.
Same thing happened to day
*************************************
In to days Talks IBA improved offer to 13.5% initially and then improved it to 15%.Unions have agreed for this.
So wage revision is finalized.
But IBA did not agree for holidays on all Saturdays, merger of special allowances with Basic pay, etc
Hence Unions have decided to go for two days strike.
Retirees issues though mentioned in list not discussed to day.
Merger of special allowances with Basic Pay has already been decided by Kerala High court. Unions should demand implementation of High court order.But UFBU and IBA have joined together to deprive arrears from 01.11.2012.to X BPS retirees. Any agreement between UFBU and iBA in this regard
will be from 01.11.2017.
Two says strike is only face saving. Settlement will be signed shortlywith out discussing Updation.
AIBEA Cir attached.
PM
Jan 31, 2020, 4:39:52 AM1/31/20
to bankpensioner
For Information;
Forum of Bank Pensioner Activists,writes:
It’s always darkest before the dawn
1. The Department of Financial Services advised Banks/IBA vide it's letter dated 16.1.2016 to start next wage revision talks so as to conclude new settlement before 1.11.2017. Four reminders were issues. IBA in its strategy was right not to act upon the said directive, as it was aware of precarious financial difficulties in store & coming out in succeeding quarters that would help them make that a pad to plead of financial difficulties and no paying capacity or affordability. Unions were in loop. They had an 'hawk eye' only on their 'levy'. In case settlement is reached timely, there won't be any arrear and so no levy. Just look, if wage talks had started by June, 2016, Bankers had the Balance Sheets for FY 2015/2016, which were substantially good enough to debase their plea of financial difficulties or affordabilities, which they have been holding on their chest from 2018/ 2019. If IBA was silent on Govt directive, they have genuine purpose to do so, but what made Unions to follow suit is a stark question to their prudence? Take it as first blunder of Bank Unions, strategic failure and defeat of prospects.
2. On 2% wage hike offer of IBA, Unions made second blunder to listen and continue with parleys. It was a golden opportunity, that they missed, to strike back IBA by boycott & no return to IBA office. They should have gone on protest actions to bring IBA on knee. Just, Unions should have stressed to know whether 2% increase had any concurrence of Govt or just it was made as teaser. Unions should have made a condition not to sit any more with IBA in their office. But it needed guts & spine as well, which was found missing.
3. One of biggest Union slipped out a circular on 9% increase offer, terming it money wise greater than the last settlement. It was a spike in wheel. Was it deliberate or by ignorance or in good faith, we can't say, but it signaled IBA, offer was taken by Unions as better than last settlement. Other hand, it doled out a note of satisfactory offer to bank men. Purpose of this act is shrouded by mystery. Was there any need to give affirmative note, we say not at all.
4. UFBU underwent a hegemony war and to establish supremacy two wings quashed & purged apart. One side of 2 went on 2 days strike. Other side of remaining 7 joined by IBA polarised themselves into one to teach a lesson to warring 2 Unions. IBA played a card that if workmen Unions were ready, IBA would like to settle with them the issues and whatever parameters were applied in workmen matter, on same basis officers issues would be settled. On this 5 workmen Unions agreed, leaving no option before officers Unions to succumb to tactics and surrender. Our AIBOC friends were very angry on our forecast that they would flee like sparrow and have a knee climb to IBA stairs. Happened so happened, let us forget. Even today there is no compact.
5. Most ugly scenario, UFBU spread across banking fraternity about the poor financial health of Banks, which strengthened IBA plank of no money for wage revisions, banks being in red. Govt or the management was never seen so worried of difficult financial health of Banks, as were seen Union leaders. Quite strange & sinical as well, they started behaving as owner of the Banks.
Financial difficulties were/are ownership issues, well, we see govt pumping lakhs of crores as capital to PSBs to manage capital exigencies. Unions represent workers. Workers have gone in Bank for livelihood. Poor financial health doesn't mean, workers shouldn't be given legitimate wages or denied periodical incremental growth. Poor financial health doesn't mean that workers should be asked to bring money from their homes to set off banks liabilities.
Could anybody answer, for poor financial reasons whether banks can curtail rent or do not renew rent lease of premises or increased electricity bills, taxes etc can't be paid? Unions erred to become owner, disappointing their prime constituency.
6. Unions vociferously ruled out Pension Revision issue. With much more vigor and force, than IBA it has been Union leaders who blown up this issue beyond proportions. They themselves first hand ruled out any scope of Pension revision, since it would need huge funding. Had they made any study of cost implications? Even IBA has imaginary & unexamined cost implications hypothesis. If examined, Unions should bring the same on record. Further, how Pensioners/ Pension optees are responsible to Fund problems. Pension Scheme was a quid pro quo deal. Pension optees fulfilled their obligations. How Banks can now shirk from their obligations?.
Policy makers were quite clear that simply employers' PF share won't be enough to meet pension obligations, that's why onus of funding was put on employers shoulders. Pension Funds are assessed by Actuaries on 31st of March every year and reported inadequacies are replenished by respective Banks.
Policy makers had in mind that Bank Pension Scheme would undergo changes as and when Central government/ RBI Pension revisions were done. It was not exgratia, fixed in nature, but pension based on Central govt/ RBI pension rules. Pension Agreement had itself the terms of revision linked to RBI. Not only this, in Regulations, 1995 one time revision was made from 1.1.1986 to 31.10.1987.
Therefore, one need not to be confused in this regard as very spirit of revision did exist from day one, but now the same is denied. Why?
It's all above is void and fake, if people at the helm of affairs do rise to reality and do what's expected of them. They shouldn't repeat the past mistakes and read the issues as they are: wages & pension is one, inseparable, one for working life while other for post working time. They shouldn't treat themselves as masters of PSBs, act faithfully for fraternity to which they belong. They shouldn't betray any more. If they can't address the well-being of banking fraternity, better they withdraw from the front and let time take it's own decision.
( J. N. Shukla)
National Convenor
Forum of Bank Pensioner Activists.
Forum of Bank Pensioner Activists,writes:
It’s always darkest before the dawn
1. The Department of Financial Services advised Banks/IBA vide it's letter dated 16.1.2016 to start next wage revision talks so as to conclude new settlement before 1.11.2017. Four reminders were issues. IBA in its strategy was right not to act upon the said directive, as it was aware of precarious financial difficulties in store & coming out in succeeding quarters that would help them make that a pad to plead of financial difficulties and no paying capacity or affordability. Unions were in loop. They had an 'hawk eye' only on their 'levy'. In case settlement is reached timely, there won't be any arrear and so no levy. Just look, if wage talks had started by June, 2016, Bankers had the Balance Sheets for FY 2015/2016, which were substantially good enough to debase their plea of financial difficulties or affordabilities, which they have been holding on their chest from 2018/ 2019. If IBA was silent on Govt directive, they have genuine purpose to do so, but what made Unions to follow suit is a stark question to their prudence? Take it as first blunder of Bank Unions, strategic failure and defeat of prospects.
2. On 2% wage hike offer of IBA, Unions made second blunder to listen and continue with parleys. It was a golden opportunity, that they missed, to strike back IBA by boycott & no return to IBA office. They should have gone on protest actions to bring IBA on knee. Just, Unions should have stressed to know whether 2% increase had any concurrence of Govt or just it was made as teaser. Unions should have made a condition not to sit any more with IBA in their office. But it needed guts & spine as well, which was found missing.
3. One of biggest Union slipped out a circular on 9% increase offer, terming it money wise greater than the last settlement. It was a spike in wheel. Was it deliberate or by ignorance or in good faith, we can't say, but it signaled IBA, offer was taken by Unions as better than last settlement. Other hand, it doled out a note of satisfactory offer to bank men. Purpose of this act is shrouded by mystery. Was there any need to give affirmative note, we say not at all.
4. UFBU underwent a hegemony war and to establish supremacy two wings quashed & purged apart. One side of 2 went on 2 days strike. Other side of remaining 7 joined by IBA polarised themselves into one to teach a lesson to warring 2 Unions. IBA played a card that if workmen Unions were ready, IBA would like to settle with them the issues and whatever parameters were applied in workmen matter, on same basis officers issues would be settled. On this 5 workmen Unions agreed, leaving no option before officers Unions to succumb to tactics and surrender. Our AIBOC friends were very angry on our forecast that they would flee like sparrow and have a knee climb to IBA stairs. Happened so happened, let us forget. Even today there is no compact.
5. Most ugly scenario, UFBU spread across banking fraternity about the poor financial health of Banks, which strengthened IBA plank of no money for wage revisions, banks being in red. Govt or the management was never seen so worried of difficult financial health of Banks, as were seen Union leaders. Quite strange & sinical as well, they started behaving as owner of the Banks.
Financial difficulties were/are ownership issues, well, we see govt pumping lakhs of crores as capital to PSBs to manage capital exigencies. Unions represent workers. Workers have gone in Bank for livelihood. Poor financial health doesn't mean, workers shouldn't be given legitimate wages or denied periodical incremental growth. Poor financial health doesn't mean that workers should be asked to bring money from their homes to set off banks liabilities.
Could anybody answer, for poor financial reasons whether banks can curtail rent or do not renew rent lease of premises or increased electricity bills, taxes etc can't be paid? Unions erred to become owner, disappointing their prime constituency.
6. Unions vociferously ruled out Pension Revision issue. With much more vigor and force, than IBA it has been Union leaders who blown up this issue beyond proportions. They themselves first hand ruled out any scope of Pension revision, since it would need huge funding. Had they made any study of cost implications? Even IBA has imaginary & unexamined cost implications hypothesis. If examined, Unions should bring the same on record. Further, how Pensioners/ Pension optees are responsible to Fund problems. Pension Scheme was a quid pro quo deal. Pension optees fulfilled their obligations. How Banks can now shirk from their obligations?.
Policy makers were quite clear that simply employers' PF share won't be enough to meet pension obligations, that's why onus of funding was put on employers shoulders. Pension Funds are assessed by Actuaries on 31st of March every year and reported inadequacies are replenished by respective Banks.
Policy makers had in mind that Bank Pension Scheme would undergo changes as and when Central government/ RBI Pension revisions were done. It was not exgratia, fixed in nature, but pension based on Central govt/ RBI pension rules. Pension Agreement had itself the terms of revision linked to RBI. Not only this, in Regulations, 1995 one time revision was made from 1.1.1986 to 31.10.1987.
Therefore, one need not to be confused in this regard as very spirit of revision did exist from day one, but now the same is denied. Why?
It's all above is void and fake, if people at the helm of affairs do rise to reality and do what's expected of them. They shouldn't repeat the past mistakes and read the issues as they are: wages & pension is one, inseparable, one for working life while other for post working time. They shouldn't treat themselves as masters of PSBs, act faithfully for fraternity to which they belong. They shouldn't betray any more. If they can't address the well-being of banking fraternity, better they withdraw from the front and let time take it's own decision.
( J. N. Shukla)
National Convenor
Forum of Bank Pensioner Activists.
NSS
Jan 31, 2020, 5:08:34 AM1/31/20
to bankpensioner
Friends
Regarding legal action the present status of the cases is as follows.
Updation of Pension - Appeals are pending in Supreme Court. Likely to be listed for arguments any time.
100% DA - Curative Petitions are pending with Supreme Court. All pending petitions may get disposed off within six months.
Improvement in Family Pension - WP is yet to be filed.
Instead of filing series of petitions in HCs, we have to file three or four petitions in one HC, preferably HC of Kolkata or Kerala and pursue them vigourously.
This is regarding Family Pension.
Regarding 100% DA, we cannot do anything at this stage. We can only hope that the Curative Petitions are filed with the required details and the errors
in the Judgment are brought out in detail in the petition. It is now obvious that IOBRA's petition did not fulfil the requirements given in the Rupa Ashok Hurra Judgment.
The petitions pending now also will be dismissed if they also do not fulfil the requirement.
Regarding updation, it is for Mr.Sidhu to pursue the cases diligently. He may share the latest position of the appeals with the group members.
Finally, many pensioners have expressed their willingness to contribute for the legal fight. Unless someone comes forward to take the lead and co-ordinate,
nothing will move forward. Members may suggest the name of pensioners from Kolkata and Kerala, who can file the petitions, so that we can proceed with the filing of the petition for
improvement of Family Pension.
Regards
N.Sankarasubramanian
> email to bankpe...@googlegroups.com.
Velayudhan Nair
Feb 1, 2020, 12:19:25 AM2/1/20
to bankpe...@googlegroups.com
Kerala:
I suggest Shri Venugopal Cheriyanasseril-contact number-919447747994
He has already filed a case in Kerala HC.
Kindly be in touch with him.
warm reg
CPVNAIR
On 1/31/20, NSS <nsanka...@gmail.com> wrote:
> *Friends*
>
> *Regarding legal action the present status of the cases is as follows.*
>
> *Updation of Pension - Appeals are pending in Supreme Court. Likely to be
> listed for arguments any time.*
>
> *100% DA - Curative Petitions are pending with Supreme Court. All pending
> petitions may get disposed off within six months.*
>
> *Improvement in Family Pension - WP is yet to be filed.*
>
> *Instead of filing series of petitions in HCs, we have to file three or
> *This is regarding Family Pension.*
>
> *Regarding 100% DA, we cannot do anything at this stage. We can only hope
> *in the Judgment are brought out in detail in the petition. It is now
> *The petitions pending now also will be dismissed if they also do not
> fulfil the requirement. *
>
> *Regarding updation, it is for Mr.Sidhu to pursue the cases diligently.
> He may share the latest position of the appeals with the group members.*
>
> *Finally, many pensioners have expressed their willingness to contribute
> *nothing will move forward. Members may suggest the name of pensioners
> *improvement of Family Pension.*
>
> *Regards*
>
> *N.Sankarasubramanian *
>> > email to bankpe...@googlegroups.com <javascript:>.
>
I suggest Shri Venugopal Cheriyanasseril-contact number-919447747994
He has already filed a case in Kerala HC.
Kindly be in touch with him.
warm reg
CPVNAIR
On 1/31/20, NSS <nsanka...@gmail.com> wrote:
> *Friends*
>
> *Regarding legal action the present status of the cases is as follows.*
>
> *Updation of Pension - Appeals are pending in Supreme Court. Likely to be
> listed for arguments any time.*
>
> *100% DA - Curative Petitions are pending with Supreme Court. All pending
> petitions may get disposed off within six months.*
>
> *Improvement in Family Pension - WP is yet to be filed.*
>
> *Instead of filing series of petitions in HCs, we have to file three or
> four petitions in one HC, preferably HC of Kolkata or Kerala and pursue
> them vigourously. *
> *This is regarding Family Pension.*
>
> *Regarding 100% DA, we cannot do anything at this stage. We can only hope
> that the Curative Petitions are filed with the required details and the
> errors *
> *in the Judgment are brought out in detail in the petition. It is now
> obvious that IOBRA's petition did not fulfil the requirements given in the
> Rupa Ashok Hurra Judgment.*
> *The petitions pending now also will be dismissed if they also do not
> fulfil the requirement. *
>
> *Regarding updation, it is for Mr.Sidhu to pursue the cases diligently.
> He may share the latest position of the appeals with the group members.*
>
> *Finally, many pensioners have expressed their willingness to contribute
> for the legal fight. Unless someone comes forward to take the lead and
> co-ordinate, *
> *nothing will move forward. Members may suggest the name of pensioners
> from Kolkata and Kerala, who can file the petitions, so that we can proceed
>
> with the filing of the petition for *
>
> *improvement of Family Pension.*
>
> *Regards*
>
> *N.Sankarasubramanian *
>> > To view this discussion on the web visit
>> >
>> https://groups.google.com/d/msgid/bankpensioner/274c68cd-9050-4d32-b66b-523e6950aca9%40googlegroups.com.
>>
>>
>> >
>>
>
>> >
>> https://groups.google.com/d/msgid/bankpensioner/274c68cd-9050-4d32-b66b-523e6950aca9%40googlegroups.com.
>>
>>
>> >
>>
>
> --
> Visit our blog site http:://bankpensioner.blogspot.com
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>
harinarayana sarma nandivada
Feb 1, 2020, 12:19:25 AM2/1/20
to bankpe...@googlegroups.com
From Kerala, one Sri C.N.Venu Gopalan, UBI Retiree has already been dealing with pensioners issues by filing various suits in the Hon'ble HC of Kerala and he has been time and again seeking the participation of bank pensioners in support of his cases. Interested may contact him and join the cause.
N.Harinarayana Sarma
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harinarayana sarma nandivada
Feb 1, 2020, 12:19:27 AM2/1/20
to bankpe...@googlegroups.com
It is astonishing and ridiculous as to how and why every time IBA is coming out with a hollow remark that Pension updation involves huge cost without getting the cost assessed at all and more surprising is why IBA's hollow comments are not being countered by leaders of UFBU. If the situation is allowed to continue like this, IBA thinks that whatever they are arguing is correct and will tend to become more stubborn on their foolish and adamant stand and behaves still more erratic.
Further, when it is made amply clear by the Judiciary that Pension is not a bounty and payment of it cannot be meddled with or interpreted by Employers as per their whims and fancies but a right vested with the retired employee, that too in a defined benefit pension scheme, why IBA is coming out with silly arguments and why such arguments are not being countered by the unions.
As employees/Retirees we need not be concerned with adequacy or paucity of pension funds. Let us claim our due share as per rules. If we fail to counter the arguments of IBA effectively now and in this settlement, not only the past retirees but also several of the future retirees are going to suffer on account of our inapt or ineffective handling now. Hence this appeal and suggestion to all the negotiating unions through this forum.
N.Harinarayana Sarma
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Debasish Mukherjee
Feb 1, 2020, 12:21:42 AM2/1/20
to bankpe...@googlegroups.com, nsanka...@gmail.com
Mr.Sankarasubramanian, I am urging the same since long that without seeking legal recourse retirees
should not expect justice in receiving their legitimate payments. While Mr.K.R.Ganesh Rao, a retired
Chief Manager of BOB and a practicing lawyer in Karnataka H.C.Bengaluru who is also fighting for the
retirees issues though presently against all the injustice done by the BOB against BOB retirees. and
Mr.Rao was also the lawyer for Mr. Palani's w.p. in the SC for vacating the stay obtained by BOB from
Delhi H.C. against implementation of Karnataka H.C. ruling for implementation of consideration of five
years service in fixation of Basic pension of the retirees, SC Case No.5525 of 2012 and judgement
dt.13.2.2018 and Mr.Rao will certainly come forward and assist other retirees as well and I am certain
of it. Mr. Debesh Bhattacharya of UBIREWA is another person from Kolkata. If this Blog members want I
can talk to Mr. Rao who is in regular contact with me.
Debasish Mukherjee,
mumb...@rediffmail.com
On Fri, 31 Jan 2020 15:38:38 +0530 NSS wrote
>Friends
Regarding legal action the present status of the cases is as follows.
Updation of Pension - Appeals are pending in Supreme Court. Likely to be listed for arguments any time.
100% DA - Curative Petitions are pending with Supreme Court. All pending petitions may get disposed off
within six months.
Improvement in Family Pension - WP is yet to be filed.
Instead of filing series of petitions in HCs, we have to file three or four petitions in one HC,
preferably HC of Kolkata or Kerala and pursue them vigourously. This is regarding Family Pension.
Regarding 100% DA, we cannot do anything at this stage. We can only hope that the Curative Petitions
are filed with the required details and the errors in the Judgment are brought out in detail in the
petition. It is now obvious that IOBRA's petition did not fulfil the requirements given in the Rupa
Ashok Hurra Judgment.The petitions pending now also will be dismissed if they also do not fulfil the
should not expect justice in receiving their legitimate payments. While Mr.K.R.Ganesh Rao, a retired
Chief Manager of BOB and a practicing lawyer in Karnataka H.C.Bengaluru who is also fighting for the
retirees issues though presently against all the injustice done by the BOB against BOB retirees. and
Mr.Rao was also the lawyer for Mr. Palani's w.p. in the SC for vacating the stay obtained by BOB from
Delhi H.C. against implementation of Karnataka H.C. ruling for implementation of consideration of five
years service in fixation of Basic pension of the retirees, SC Case No.5525 of 2012 and judgement
dt.13.2.2018 and Mr.Rao will certainly come forward and assist other retirees as well and I am certain
of it. Mr. Debesh Bhattacharya of UBIREWA is another person from Kolkata. If this Blog members want I
can talk to Mr. Rao who is in regular contact with me.
Debasish Mukherjee,
mumb...@rediffmail.com
On Fri, 31 Jan 2020 15:38:38 +0530 NSS wrote
>Friends
Regarding legal action the present status of the cases is as follows.
Updation of Pension - Appeals are pending in Supreme Court. Likely to be listed for arguments any time.
100% DA - Curative Petitions are pending with Supreme Court. All pending petitions may get disposed off
within six months.
Improvement in Family Pension - WP is yet to be filed.
Instead of filing series of petitions in HCs, we have to file three or four petitions in one HC,
preferably HC of Kolkata or Kerala and pursue them vigourously. This is regarding Family Pension.
Regarding 100% DA, we cannot do anything at this stage. We can only hope that the Curative Petitions
are filed with the required details and the errors in the Judgment are brought out in detail in the
petition. It is now obvious that IOBRA's petition did not fulfil the requirements given in the Rupa
Subramanian K
Feb 1, 2020, 5:32:40 AM2/1/20
to bankpe...@googlegroups.com, Debasish Mukherjee, nsanka...@gmail.com
Sir
Even the court fail to understand.
How the pre 2002 retirees can be discriminated in the matter of d. A.
Simple matter .no principle of equality followed.
Pension regulation is the same for all.
What is the remedy?
Visit our blog site http:://bankpensioner.blogspot.com
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Velayudhan Nair
Feb 1, 2020, 5:32:41 AM2/1/20
to bankpe...@googlegroups.com
Dear Shri DM, such hardworking gentlemen should come forward to take
up updation case.
warm reg
CPVNAIR
>
up updation case.
warm reg
CPVNAIR
> Visit our blog site http:://bankpensioner.blogspot.com
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>
PM
Feb 6, 2020, 9:50:11 PM2/6/20
to bankpensioner
FOR INFORMATION:
IBAs Notice On strike.
Iba say irresponsible behaviour of the unions".* shame shame IBA
*Today's newspapers carried a notice to public by IBA (Indian Bank's Association) in which the last sentence was an apology to general public for "irresponsible behaviour of the unions".*
*Now some facts,*
*1. The wage settlement of bank employees is due from November 2017 since the 10th Bipartite Settlement ended on 31st October 2017. What was the IBA doing for 27 months despite holding more than 30 rounds of negotiation in which the IBA was not even able to offer a decent wage increase to the foot-soldiers of the Indian economy? Had the IBA been ever "responsible" in ensuring decent wages to bankers?*
*2. When Mrs. Usha Ananthasubramanian became the first woman Chairman of IBA in January 2018, the offer made by IBA was 2%. Does anybody think a 2% increase in wages is justifiable and "responsible"?*
*3. Later, when the same Mrs. Usha Ananthasubramanian was framed by CBI in the infamous PNB Fraud case including diamantaire Mehul Choksi, Nirav Modi and their company engaged in diamond business, had the IBA felt it appropriate to condemn the episode? Given the fact that PNB fraud of Rs. 11,400/- crores was 49 times the net profit of that bank for the quarter ended December 31, 2017 and more than twice the amount that PNB received under bank recapitalization plan. Had the IBA ever gone out to public against any banking fraud for that matter? Had the IBA been ever "responsible"?*
*4. Former ICICI Bank head Mrs. Chanda Kochar was framed by the CBI for fraudulent lending to a company involving her husband, had the IBA felt it appropriate to condemn? Had the IBA ever been "responsible"?*
*5. When consortium lending decisions go bad, and the loans turn NPA, had the IBA ever gone out to public to acknowledge the same and assured the general public about timely recovery of the monies lent? Had the IBA been ever "responsible"?*
*6. Looking at the percentage of NPAs in any bank's balance sheet, it is obvious that huge, corporate loans form the chunk of those bad loans (often more than 80%) and the share of retail loans are comparatively low (often less than 2% of the total advances). Had the IBA ever gone out to public to ensure the timely recovery of such willful defaults for which the common bank employees at retail branches are no way responsible? Had the IBA ever been "responsible" as such?*
*Due to the deteriorating working atmosphere and undue pressure from within the organizations, many of the young bankers ended their lives during the past 2-3 years. Workmen unions and Officers associations have time and again seen their members under tremendous agony.*
*Finally, when the Chairman of the largest Indian Public Sector Bank became the Chairman of IBA, the bankers rejoiced with a hope that, things might change. But, to the utter displeasure of the entire banking fraternity, the IBA has turned itself to be deaf-and-dumb.*
*Last but not the least, the IBA, by going public and calling the employees' unions as "irresponsible" wants to tarnish the image of bankers' fraternity and their unity, which we will never tolerate.*
*Countdown starts for IBA*
-IB news.
Sugumar Iyer
Feb 6, 2020, 11:10:43 PM2/6/20
to bankpe...@googlegroups.com
Dear Sir, Unless we all go on indefinite strike to abolish IBA as a negotiating body, we shall never be respected and our legitimate claims will be heard.
S.Sugumar
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mohan p
Feb 7, 2020, 12:48:46 AM2/7/20
to bankpensioner
Dear Mr. Sugumar,
I do not know to whom you are referring.
If it is retirees, we forget the fact that we cannot go for strike or indefinite strike as in the case of serving employees.
Serving employees too have exhibited, their reservations for going on a strike even for one day exclusively for the cause of retirees.
Joint agitation is possible, for the cause of retirees,as done by RBI employees and pensioners to secure pension updation.
Unfortunately leaders of retirees Apex organisations too have not much access or no access to leaders of serving employees , to thoroughly discuss our issues with them, to present it before IBA.
As a result letters are sent to UFBU for which no reply is too found to have received either positive or negative.
This is where retirees stand now.
To view this discussion on the web visit https://groups.google.com/d/msgid/bankpensioner/CAB759Mzbs44cu58N1iUUxcLDV5PgAMobULWb_0bMoUJvpEr%2Bjw%40mail.gmail.com.
Sugumar Iyer
Feb 7, 2020, 5:15:39 AM2/7/20
to bankpe...@googlegroups.com
Dear Sir,
Thanks for your kind and immediate reply to a less active member like me.
I feel that we must set right our house that is retired employees associations. First of all let us find out as to how many associations we have. I request all retirees to take up the issue of working together in future. If no amalgamation is possible, then let us an UFBU type set up. Selected representative/s may talk to UFBU with only one point agenda i.e. removal of IBA set up and involvement of pay commission for existing and retirees' demands.
Please think about the possibility of such a move, as along time measure.
With best regards,
Sugumar.S
To view this discussion on the web visit https://groups.google.com/d/msgid/bankpensioner/CAMCbyDRi-NLSvF_buR0%3Dmfue6NPMdU%3D8PNJEaPu5KpNBVb0YCg%40mail.gmail.com.
JSOMA SHEKARA
Feb 7, 2020, 5:15:39 AM2/7/20
to bankpe...@googlegroups.com
IBA since 2001 cheating employees as well as retirees by manipulating data, misinterpreting agreements, violating provisions of agreed settlements, denying legitimate benefits, delaying negotiations claiming data to be studied etc.
Is UFBU clean?
Negotiation pace of XI BPS is just repeat of X BPS. In X BPS also IBA started from 2% and after 30 months agreed for 15%. Having bitter experience in X BPS did UFBU learned any lessons?
For BPS due on 1.11.2017 establishment and other expenses is based on March 2017 Balance sheet figures. As financial results is published by May 2017
IBA will have 6 months time to compile data of establishment cost, Updation and other superannuation related costs.
But even after 6 months of due date of BPS IBA claim establishment cost is not ready and updation cost not produced even after 30 months.
Banks calculated and disbursed OROP arrears of more than 10 lakh pensioners in record time. Then is it difficult for IBA to obtain cost data from Banks?
UFBU mistake is they never questioned this. Unless IBA come with required cost and other data UFBU should refuse to continue negotiations on that day.
All India Nationalized Bank officers Unions has revealed that all Banks have made provision for 15% Wage version in their March 2019 balance sheet. Then why UFBU participated in BPS when IBA offered 6% in 2019?
Wage negotiations have two parts.
First one is Wage increase including DA and special allowance
Updation, Family Pension, 100% DA etc
UFBU should be firm and unless wage revision and superannuation benefits is resolved they should not go further. Unless IBA starts wage offer from 10% they should not participate in negotiations.
IBA cleverly start wage hike from 2% and convince UFBU to discuss misc items and give evasive replies on updation etc. there by dragging time and keep both employees and Pensioners in suspense and frustrate them. It is UFBU fault to continue discussions on misc items when major issues are pending.
Both iBA and UFBU should adopt discipline, quality, continuity and transparency in negotiations.
Second Part is misc items.can be discussed any time after resolving major issues.
For the present mess UFBU is equally responsible.
Chinnasamy Rajagopalan
Feb 7, 2020, 5:15:39 AM2/7/20
to bankpensioner
It is most unfortunate in the scheme of thongs IBA can spend public money to pass derogatory remarks against the unions.If we want to counter that in the same media u have to spend from your pocket
JSOMA SHEKARA
Feb 8, 2020, 12:29:01 AM2/8/20
to bankpe...@googlegroups.com
The agreements signed by UFBU and IBA legally not correct. HC and SC verdicts confirm this. We have many FAQs. But neither IBA nor UFBU can answer these properly. They avoid answering our queries.
But UFBU expects everybody else accountable.
To view this discussion on the web visit https://groups.google.com/d/msgid/bankpensioner/CAB759My2a9E%3DVztdhcanCGuwPgyhkiX8ks8xbs1M2Lz8Hbpp0g%40mail.gmail.com.
JSOMA SHEKARA
Feb 8, 2020, 12:29:01 AM2/8/20
to bankpe...@googlegroups.com
I AM REALLY AGHAST! THIS IS WEIRD! UNIONS ASKING COOPERATION OF CJI FOR STRIKE
Pensioners since last 20 years knocking doors of judiciary for justice. But Unions ridiculed and abused us for approach\hing courts. Even they are silent when court orders not implemented properly. Now they are asking cooperation of not less than Chief justice of Apex court for continuation of strike and postpone Lok Adalats.
Letter to CJI by 4 Unions attached
mohan p
Feb 8, 2020, 1:20:36 AM2/8/20
to bankpensioner
Yes.It is true. The main allegation against retirees, by unions often were, that they have sought justice from judiciary,where negotiating party meserably failed to provide any benefit entitled to them!
Same people are now seeking support of CJI!
To view this discussion on the web visit https://groups.google.com/d/msgid/bankpensioner/CAM%3DeiW0hUmFrTVVhvXJq%2BA4VHtFR%3DcgvUEYN3ETsKxB7dx4Tqw%40mail.gmail.com.
PM
Feb 8, 2020, 4:22:39 AM2/8/20
to bankpensioner
For Information:
Are RBI, central govt, Insurance co. STATE GOVT EMPLOYEES not responsible for economy growth? Only Bank employees responsible?
Why rbi , central govt, insurence company, state govt employees are working only 5 days week ? Are they not responsible for economy growth ? Why they are enjoying public holidays ? Are only bank employees responsible for economic growth?
ufbu should give strong reply to iba
Unions should start talking directly to GOI, not to facilitator IBA. Time has come to start thinking how to dissolve this illigal body IBA.
If IBA is not a legal body then they don't have the right to negotiate as well as criticize the strike call through public notice...
UFBU should throw the reply in the newspapers as quickly as possible, we need to tell people what's really going on, why we are compelled to go on strike, with no pay for the strike days. The reply must explain a common banker's plight, the circumstances and the initial offer made by iba, the comparison to other important sectors.
The flamboyant and disgusting corruption in other government core departments, yet why they are paid double or triple to that of the salary of a class 1 bank officer.
Everything must be fair and square. I request UFBU to give a befitting reply in every newspaper, as well as in ads.
Why this fools can not understand that if this section is very important then why their issues wouldn't be addressed suitably. That is why they have taken three years for settlement starting with 2% hike. Now time has come to teach a lesson to this notorious coterie.
If bank is considered as 'principal player' of economic development, why are they underpaid. Where were UFBU when IBA insulted us with 2%, why should bankers alone sacrifice if our economy is undergoing testing times. Look at the type of language IBA is using, don't we have the right to demand for our genuine rights through peaceful strike.
- ib news.
G
Are RBI, central govt, Insurance co. STATE GOVT EMPLOYEES not responsible for economy growth? Only Bank employees responsible?
Why rbi , central govt, insurence company, state govt employees are working only 5 days week ? Are they not responsible for economy growth ? Why they are enjoying public holidays ? Are only bank employees responsible for economic growth?
ufbu should give strong reply to iba
Unions should start talking directly to GOI, not to facilitator IBA. Time has come to start thinking how to dissolve this illigal body IBA.
If IBA is not a legal body then they don't have the right to negotiate as well as criticize the strike call through public notice...
UFBU should throw the reply in the newspapers as quickly as possible, we need to tell people what's really going on, why we are compelled to go on strike, with no pay for the strike days. The reply must explain a common banker's plight, the circumstances and the initial offer made by iba, the comparison to other important sectors.
The flamboyant and disgusting corruption in other government core departments, yet why they are paid double or triple to that of the salary of a class 1 bank officer.
Everything must be fair and square. I request UFBU to give a befitting reply in every newspaper, as well as in ads.
Why this fools can not understand that if this section is very important then why their issues wouldn't be addressed suitably. That is why they have taken three years for settlement starting with 2% hike. Now time has come to teach a lesson to this notorious coterie.
If bank is considered as 'principal player' of economic development, why are they underpaid. Where were UFBU when IBA insulted us with 2%, why should bankers alone sacrifice if our economy is undergoing testing times. Look at the type of language IBA is using, don't we have the right to demand for our genuine rights through peaceful strike.
- ib news.
dundunavnee c
Feb 8, 2020, 6:35:42 AM2/8/20
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I strongly feel that persons of high caliber with facts and figures should be inducted in the negotiating team orelse it is high time to dismantle this bipartite talks and go for CPC.
Why we are wasting public money and valuable time by holding this bipartite talks without any legal sanctity.
God alone will save us.
Purushothaman. Ex CANRABANK.
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Satyanarayana Rao
Feb 8, 2020, 11:09:57 PM2/8/20
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There is no doubt that the the financial sector is nerve center of national economy. But the increasing willful defaulters and frauds and non performing assets are eating the profits of banks. The government and IBA should be called irresponsible for not taking punitive measures to protect the financial health of the banking system. The public of this country never bothered about the plight of the society more so the several agitations launched by several trade unions for their improvement in wages etc.The governments are not having any concerns to the genuine demands of the workers. The banks can easely write off lacks of crores of willful bad debts and plead that the same banks through IBA plead that the financial position of banks cannot afford decent wages and decent pension benefits to retirees. It is the irony of the present situation. The UFBU and their ranks have to fight out the huge disparity in wages and retirees issues with determined approach. Now the waris on and 2 days strike call is successfully implemented and the future agitations are announced. There no doubt that the UFBU and their members are fully prepared to go ahead with action programs till their just and rightful demands are agreed by the government. On our part all the retirees associations have to give complete support and expose the mischief being played by iba and the silence of government in resolving the issue of striking bank men and women. Ultimate success is to the fighting comrades. We are with the striking UFBU and the fighting comrades. March on march on comrades March on.Let us fight and fight till our just and rightful demands are agreed by government and IBA.
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Parvatam Veera Bhadra Swamy
Feb 8, 2020, 11:09:57 PM2/8/20
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The only solution for all problems in banking industry is to demand pay commission.
PVB Swamy
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Satyanarayana Rao
Feb 8, 2020, 11:09:59 PM2/8/20
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On Sat, 8 Feb 2020 at 14:53, PM<moha...@gmail.com> wrote:
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Srinivasa Murti Devulapalli
Feb 8, 2020, 11:10:00 PM2/8/20
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JSOMA SHEKARA
Feb 9, 2020, 6:07:04 AM2/9/20
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ADVANTAGES OF PAY COMMISSION
Govt notifies Pay commission two years before expiry date of present pay commission. There are nearly 70 lakhs employees and Pensioners in Central Govt. But Pay commission completes its task and submit report well within stipulated time of two years. It is observed that employees and Pensioners pay are revised and increased in every Pay commission. All stake holders are consulted including Unions. Govt will approve report and new pay package will start from Day 1 of due date or within 4-6 months at maximum. If recommendations of Pay Commissions are not satisfactory employees and Pensioners have option to approach tribunal and get justice early with minimum expenditure. if not satisfied employees can also approach judiciary.
FEATURES OF COLLECTIVE BARGAINING
Govt also has directed Banks two years in advance to start BPS negotiations. Three reminders sent to complete it before 01.11.2017. Now we all know how both IBA and UFBU responded to this. Negotiations start two to four months after due date of BPS and even after 30 months there in no finality in Wage increase,Updation and other aspects. Meanwhile Employees lose salary for several days by going on strike. Arrears disbursed after 30 months without interest. Levy has to be paid. No guarantee of substantial wage increase. Pensioners get zero increase. There is no tribunal option for employees and Pensioners. If agreements are not legal Pensioners have only option to approach judiciary and get justice after 10-15 years. And there is no guarantee that even SC verdict will be implemented properly.I
Above are the main features of Collective Bargaining which Unions are proud of. Whether it is collective bargaining or collective butchering?
Unions defend it by saying in BPS wages are revised every 5 years and Pay commission is for 10 year period. But if in two BPS periods wages hike remain@15% it is same as 10 year BPS.. Another defense is, for Bank employees and Pensioners DA is revised every 3 months and 6 months. Govt is also revising DA periodically. Further DA for govt employees based on recent period while our DA is based on out dated period.
If Unions concern for employees and Pensioners genuine and present agitations are not drama, they should demand removing IBA from wage negotiations and bring reforms in BPS by demanding alternative negotiation mechanism.
Or demand Pay commission for Bank employees/Pensioners.
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natarajan pv
Feb 9, 2020, 6:07:04 AM2/9/20
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YES.
Very much YES .
Unions hve outlived their utility.
THANKS AND REGARDS,
P.V.NATARAJAN.
9445021712.
THANKS AND REGARDS,
P.V.NATARAJAN.
9445021712.
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JSOMA SHEKARA
Feb 9, 2020, 6:07:04 AM2/9/20
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IBA says it has conducted 39 BPS meetings. But in how many of such meetings Quality discussions have taken place? As UFBU reports indicates 5-6 meetings could not decide who has to suggest names for appointing actuaries. We expect UFBU cir to be better than whats up rumours. Those who spread rumours have no accountability to authenticate their news with supporting materials. But unfortunately UFBU cir also do same by reporting that
IBA has forwarded 100% DA issue to FM in the past and IBA has forwarded Family Pension issue to FM now without supporting it with copy of letter or letter reference No and date. Just 5-6 Quality BPS meetings are enough to complete XI BPS.
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Satish Kumar Khanna
Feb 9, 2020, 11:03:46 PM2/9/20
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Union leaders and the members of the negotiating committee delay the agreement deliberately to create anxiety among members to make ground for accumulation of arrears to ask for handsome levy on account of payment of arrears from the members.
On Sun 9 Feb, 2020, 20:21 Satish Kumar Khanna, <sk.kha...@gmail.com> wrote:
Members of the Central Pay Commission give their report and recommendations within the stipulated time because they are also beneficiaries besides the recommending authority whereas the IBA and the executives of the banks i.e Chairman and Executive Directors of the banks are least affected by the delay or non revision of salary and wages of the bank employees and the members of the negotiating committee of bank employees have failed to high light the difficulties, grievances and the plight of the bank employees in the public.
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Satish Kumar Khanna
Feb 9, 2020, 11:03:46 PM2/9/20
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Members of the Central Pay Commission give their report and recommendations within the stipulated time because they are also beneficiaries besides the recommending authority whereas the IBA and the executives of the banks i.e Chairman and Executive Directors of the banks are least affected by the delay or non revision of salary and wages of the bank employees and the members of the negotiating committee of bank employees have failed to high light the difficulties, grievances and the plight of the bank employees in the public.
On Sun 9 Feb, 2020, 16:37 JSOMA SHEKARA, <jsomase...@gmail.com> wrote:
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Sugumar Iyer
Feb 10, 2020, 5:07:23 AM2/10/20
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Dear Sirs,
Whether we can request Central Govt and /or judiciary to withhold salaries and perks of IBA executives until such time the wage revision and pension revision negotiations are finalised as an impetus for timely settlement of issues.
Regards,
Sugumar.S
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Murali
Feb 10, 2020, 11:07:54 PM2/10/20
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They are mere employees reporting to RBI/MOF bureaucracy....
How to make the ruling politicians understand that we are not lesser mortals when compared to these ivory tower types is the real challenge...
Further, why do the Trade Unions go through the charade of wage negotiations with the vassal settlement after settlements knowing fully well that it is the Government of India that has the last word?
Think it over
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JSOMA SHEKARA
Feb 11, 2020, 5:43:46 AM2/11/20
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III -This is what we are going to get in XI BPS.
IBA, Govt and UFBU all three parties are ready to paste a Nama each on our forehead.
Govt claims Pension related matters is settled between IBA and Unions and on the basis of consensus arrived.
Pension related matters settled on the basis of specific mandate from Banks.
What is the role of Govt if talks between IBA and Unions failed in respect of Pension related matters.? Is it difficult for govt to find out whether Banks have issued mandate and the scope of mandate? In spite of its directions to Banks to complete BPS before Nov 2017 Banks have not complied with. What action govt has taken? Govt says IBA has informed wage revision is in progress. This is wrong reply. Wage revision is stalled. Instead of giving false reply based on IBA feed back govt can seek latest status from banks as to whether Mandate includes pension related matters and if so what is the progress in discussing Pension revision.
IBA does not disclose what is the terms of mandate it received from Banks regarding Updation. family pension etc.At one meeting it says no mandate and in another meeting says no funds, cost is high and again says cannot be discussed as part of BPS and in another meeting says actuaries report not received. Latest is Pension revision cannot be done in one go and is possible for earlier settlements (disclaimer: we cannot guarantee that all these actually statements of IBA but certified so by UFBU)
UFBU does not want to know what specific mandate has been given by Banks and whether it includes mandate to discuss upadation , family pension etc. UFBU does not want to know or demand cost details of Updation. UFBU does not want to take a delegation to FM submitting memorandum that talks on Pension Updation failed and requesting govt for mediation. UFBU often says We raised common DA index for all pensioners, We raised Updation issue, We raised merfer of DA @ index level 6352 etc. But no information whether all these actually discussed.
All three are equally presenting bundle of lies to Pensioners.
Two Kumbakarnas AIBRF and AIBPARC are in deep slumber and will wake up after second Record Note is signed.
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harinarayana sarma nandivada
Feb 11, 2020, 11:13:12 PM2/11/20
to bankpe...@googlegroups.com
All this is Nothing but a drama played at every level by all the concerned.
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Anantharaman Tg
Feb 11, 2020, 11:15:56 PM2/11/20
to Bankpensioner Google
Knowing all this, we can simply state that it is a BIG DRAMA
staged by veterans and we are simply watching it!
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JSOMA SHEKARA
Feb 12, 2020, 5:24:26 AM2/12/20
to bankpe...@googlegroups.com
Bank management, IBA and Govt always try to avoid giving benefits. Political parties just exploit employees for their own goals. Unions must fight for Updation and put continuous pressure on govt.
Updation issue is common for workmen and officers unions. All constituents of UFBU must arrive at consensus and take a common stand on Updation terms to be demanded viz
1. Formula for Updation.
2. Verifying whether Banks have given mandate for discussing Updation if not approach banks.
3. Obtaining cost data of Updation.
4. Ask IBA to schedule separate meetings to discuss updation and other retirees demands.
5. If IBA is adamant UFBU must take a delegation to FM
exclusively for updation
with all cost data and submit memorandum.
6. Launch agitations jointly with retiree associations
7. Also approach judiciary as last resort.
All these initiatives should come from UFBU and after exhausting all these options blame govt. without any initiative to achieve updation simply blaming govt is useless.
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Velayudhan Nair
Feb 12, 2020, 5:24:26 AM2/12/20
to bankpe...@googlegroups.com
We veterans are helpless, directionless etc.Our outfits appear to be
daydreaming.
The latest disclosure that AIBRF leaders met Com CHV gives some hope.I
hope AIBRF leaders might have met AIBOC leaders as well.
warm reg
CPVNAIR
>>>>>> *ADVANTAGES OF PAY COMMISSION*
>>>>>>> <https://go.onelink.me/107872968?pid=InProduct&c=Global_Internal_YGrowth_AndroidEmailSig__AndroidUsers&af_wl=ym&af_sub1=Internal&af_sub2=Global_YGrowth&af_sub3=EmailSignature>
>>>>>>> .
>>>>>>> .
>>>>>>> .
>>>>>>> .
>>>>>>> .
>>>>>>> .
>>>>>>> .
>>>>>> <https://groups.google.com/d/msgid/bankpensioner/CAM%3DeiW21bXh5scTe6Ynbj3qHEFZXeUeWY1C7ykXsuRwDVKAG5A%40mail.gmail.com?utm_medium=email&utm_source=footer>
>>>>>> .
>>>> <https://groups.google.com/d/msgid/bankpensioner/CAA3xsOO%3DV%3D0pQRbs-%2B1EHOcDqXtzNJdvE1hPp42Mm%3DPL%3DbVLBg%40mail.gmail.com?utm_medium=email&utm_source=footer>
>>>> .
>>> <https://groups.google.com/d/msgid/bankpensioner/CAB759Mx7VcM5tkUjhfkpV00AUJ4s03mqVpjPL68i-6OK9ys5wQ%40mail.gmail.com?utm_medium=email&utm_source=footer>
>>> .
>> <https://groups.google.com/d/msgid/bankpensioner/CAM%3DeiW3XA2av-%3DBdX1JdNhJh2C8BT9%3DZ_f4TJb1BcSuhpL62MQ%40mail.gmail.com?utm_medium=email&utm_source=footer>
>> .
>
daydreaming.
The latest disclosure that AIBRF leaders met Com CHV gives some hope.I
hope AIBRF leaders might have met AIBOC leaders as well.
warm reg
CPVNAIR
>>>>>> Govt notifies Pay commission two years before expiry date of present
>>>>>> pay commission. There are nearly 70 lakhs employees and Pensioners in
>>>>>> Central Govt. But Pay commission completes its task and submit report
>>>>>> well
>>>>>> within stipulated time of two years. It is observed that employees
>>>>>> and
>>>>>> Pensioners pay are revised and increased in every Pay commission. All
>>>>>> stake
>>>>>> holders are consulted including Unions. Govt will approve report and
>>>>>> new
>>>>>> pay package will start from Day 1 of due date or within 4-6 months at
>>>>>> maximum. If recommendations of Pay Commissions are not satisfactory
>>>>>> employees and Pensioners have option to approach tribunal and get
>>>>>> justice
>>>>>> early with minimum expenditure. if not satisfied employees can also
>>>>>> approach judiciary.
>>>>>> *FEATURES OF COLLECTIVE BARGAINING*
>>>>>> pay commission. There are nearly 70 lakhs employees and Pensioners in
>>>>>> Central Govt. But Pay commission completes its task and submit report
>>>>>> well
>>>>>> within stipulated time of two years. It is observed that employees
>>>>>> and
>>>>>> Pensioners pay are revised and increased in every Pay commission. All
>>>>>> stake
>>>>>> holders are consulted including Unions. Govt will approve report and
>>>>>> new
>>>>>> pay package will start from Day 1 of due date or within 4-6 months at
>>>>>> maximum. If recommendations of Pay Commissions are not satisfactory
>>>>>> employees and Pensioners have option to approach tribunal and get
>>>>>> justice
>>>>>> early with minimum expenditure. if not satisfied employees can also
>>>>>> approach judiciary.
>>>>>>> send an email to bankpensione...@googlegroups.com.
>>>>>>> >
>>>>>>> > To view this discussion on the web visit
>>>>>>> https://groups.google.com/d/msgid/bankpensioner/b7be04c8-2fd9-42c1-baf7-af06ae94057c%40googlegroups.com
>>>>>>> >
>>>>>>> > To view this discussion on the web visit
>>>>>>> .
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> > --
>>>>>>> >
>>>>>>> > Visit our blog site http:://bankpensioner.blogspot.com
>>>>>>> >
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>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> > --
>>>>>>> >
>>>>>>> > Visit our blog site http:://bankpensioner.blogspot.com
>>>>>>> >
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>>>>>>> .
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>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> > --
>>>>>>> >
>>>>>>> > Visit our blog site http:://bankpensioner.blogspot.com
>>>>>>> >
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>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> > --
>>>>>>> >
>>>>>>> > Visit our blog site http:://bankpensioner.blogspot.com
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>>>>>>> .
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> > --
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>>>>>>> > Visit our blog site http:://bankpensioner.blogspot.com
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>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> > --
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>>>>>>> > Visit our blog site http:://bankpensioner.blogspot.com
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>>>>>>> .
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>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
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>>>>>>> > Visit our blog site http:://bankpensioner.blogspot.com
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>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> >
>>>>>>> > --
>>>>>>> >
>>>>>>> > Visit our blog site http:://bankpensioner.blogspot.com
>>>>>>> >
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>>>>>>> G
>>>>>>>
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>>>>>>> To view this discussion on the web visit
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>>>>>>> <https://groups.google.com/d/msgid/bankpensioner/1765619217.172070.1581161910285%40mail.yahoo.com?utm_medium=email&utm_source=footer>
>>>>>>> --
>>>>>>> Visit our blog site http:://bankpensioner.blogspot.com
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>>>>>>> .
>>>>>>>
>>>>>> --
>>>>>> Visit our blog site http:://bankpensioner.blogspot.com
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>>>>>> --
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>>>>>> .
>>>>>>
>>>>> --
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>>>>> --
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>>>> .
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