UFBU TO IBA TO COMMENCE TALKS ON 12TH BPS/9TH JOINT NOTE.

[mohan p]

For Information;

UFBU ON

Commencement of negotiations on the Charter of Demands submitted for revision of wages and service conditions of employees and officers.

***

( we do not know the fate of unresolved  Residual Issues of 11th BPS  including revision of pension)

[vrsivaram...@yahoo.in]

PENSION scheme is  a settled one. Banks are paying pension regularly without revising the basic PENSION IBA , UNIONS say there is no funds and there is no updation clause in the settlement to revise the PENSION periodically. In the same way there is no clause that pension will not be revised at the time of wage revision. IBA functions according to the instructions of banks, if the Banks directs the  IBA PENSION will be revised but at present the banks are waiting for approval from sub staff of the bank I. e from UNIONS.

Banks are under the mercy of unions and dancing according to their tunes for the reasons better known to all.

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[Gopalakrishnan Ramachandran]

The speed shown for commencing the next bipartite talks is sadly missing, when it comes to resolve the retirees' issues. Is it not a betrayal of retirees? UFBU should address a similar letter for resolving residual issues with a time frame.

G Ramachandran

CB-SVRS.

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[parthasarathy ramanujam]

Sir,

I think the pension improvement(not updation) discussion with IBA might be already over.

On Sat, 5 Nov 2022, 21:21 mohan p, <moha...@gmail.com> wrote:

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[kds nair]

It is better we run after updation only.

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[JSOMA SHEKARA]

Whatever our demands, our opinions, our anger, frustration, expectations nothing will make even iota of impact on UFBU leaders and IBA. Neither will they consult retirees or their organizations. It is also childish to think that negotiations will happen in BPS meetings only. Major decisions such as agreeing for updation for retirees upto 7th BPS only, studying cost details  furnished by IBA cannot be done on 15-20 minutes of BPS meeting. If an issue pending for 25 years can be decided in 20 minutes of the BPS meeting there is no reason to keep it pending for that long. Discussions will happen in background.They will discuss these issues over phone, video call and whatever communications available and disclose only the gist of that in the BPS meeting. I also firmly believe IBA had already furnished cost details to UFBU but our leaders are not disclosing for reasons known to them only. As he has  already received cost details of the updation CHV is claiming confidently that cost is high.

Can we believe one fine day IBA calls a meeting and demands that  it has devised a medical scheme and retirees should bear 100% of premium cost and UFBU leaders immediately agree and sign without demanding subsidy from Banks?

One day they will definitely sign pension updation agreement/improvement, whatever it is. and  it is upto the retirees to accept it or approach court against the same.

That is how the BPS works.

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[Prasad C N]

Dear Shri.Sivaramakrishnan,

You are commenting in this group, it is because Sub staff in the Bank got you the Pension.  Please do not forget from where we have travelled. 

Thanking you,

With regards,

Prasad C N

Sent from Yahoo Mail on Android

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[Niranjan Cn]

It is very sad that pensioners derive pleasure in sarcasm and blame game.  We have to understand that no one is against the pensioners at the same time banks or UFBU are also interested in pension revision but we have to understand the limitations.   But revision involves funds and sourcing to be done.  We should have patience and wait.  Other than that jo choice

Niranjan

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[Hans Raj Manuja]

Dear Sh Niranjan ,

     You talked of limitations so far as pension updation is concerned . I do not disagree with you !  Please clarify one thing ; are there no limitations for wage revision of employees?

During last BP settlement also, UFBU leaders pleaded that because banks were in loss , pension could not be updated . Same limitation that you are talking about ! In that case why didn't they accept 2% offered by IBA because banks were in loss and why did they continue their fight and achieved 15% ? Are these limitations reserved for bank retirees only ?

     

     

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[vrsivaram...@yahoo.in]

Dear Sir,

I  am also a petitioner in pension updation case in Madras High Court. To the court  order when forwarded to the Bank , the, Bank replied that they have reffered the matter to IBA, but IBA says it acts according to the instructions of the bank, then why the bank reffered the matter to IBA for clarification. In reply to the court order through bank,  IBA said that the similar case PENSION updation case was dismissed in Supreme court by coting the Canara Bank 100%DA case number.IBA is openly lying.  Our leaders say no funds  no money to revise PENSION. Sir please let me clear my doubt to whom we have to believe. I am retired in 2001.

Funds are available in banks to wave loans of willful defaulters, but no funds to revise PENSION.

Cannot the leaders question ❓❓❓.the bank. All are  enjoying by seeing the sufferings of PENSIONERS.

  ( I B A, BANKS, UNIONS)

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[JSOMA SHEKARA]

There are several questions for which we do not get answer from Banks/IBA. DFS.

1.  I cannot understand how banks can direct us to IBA? Whether Banks have given a mandate to IBA to negotiate retirees issues like 100% DA, Updation etc? If yes, it is the duty of Banks to  get status of  negotiations and inform pensioners if requested.

If Banks have not given any mandate to IBA to negotiate retirees issues directing pensioners to IBA is unwarranted.

pensioners have no relationship with IBA.

2. If Banks  have given mandate to IBA whether any time frame is stipulated for iBA to complete negotiations?

3. In reply to C N Venugopalan's letter   requesting for status of updation progress,Union Bank of India replied that, it has not received any instructions from IBA and DFS and as soon as it is received Updation will be implemented.          

He again took up the matter with DFS, quoting Banks's reply and DFS replied that

"Banks have full autonomy in HR Matters and also  an authority coming under RTI and advised C N V to take up the matter with Union Bank of India'

Again C N V has written a letter to Union Bank quoting DFS letter and Bank is yet to reply.

Bank pensioner is a foot ball. There are 4 players. Banks/IBA/DFS/UFBU. They enjoy playing foot ball game.

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[Ripunjay Tiwari]

I agree with your views and our efforts should be continued to achieve our demands for updation

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[JSOMA SHEKARA]

UFBU treats BPS as sacrosanct. OK, no problem. But drastic reforms are needed as the system as it existed 30 years  back is still continued without changes. A complete overhaul is required keeping in tune with advancement of Technology.

1. All data required for assessment of cost details,  cost data of updation and other details are readily available with Banks and can be extracted in a maximum of 2-3 days.

2. System of sharing Mandates given  by Banks, cost data etc with Unions, Retirees should be followed.

3. All preliminary meetings can be held at regular intervals  via video conference and can be concluded within 3-4  months.

4. Entire BPS  procedure can be completed in 6 months.

5. Employees are suffering two types of monetary loss due to dragging of BPS for 35-40 months.

New salary due from 1st Nov 2022 is being paid  after 3 years and no interest is paid on delayed payment.

If the New salary is implemented from 01.11.2022,  the question of Levy does not arise.

If BPS is completed after 36 months employees have to pay a 4% levy.

6. If BPS is completed within 6 months IBA and UFBU will get enough time to resolve residual issues.

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[Jose Tk]

If BPS is finalised at the earliest, levy receivable to Unions will be less. So they don't like it, have you not understood this secret so far?

Now I doubt that the unions/associations of retired bank staff also follow this principle. The ABROA-SBT Unit (Associate Banks' Retired Officers Association) has started collection of funds and AIBPARC units of other banks also. It is a truth that without funds, they cannot organise agitation programmes.  But whenever a request to add a genuine demand in the list submitted to IBA is placed before the AIBPARC leadership, they will not approve it. I have requested many times to AIBPARC to add the demand for 5 year notional service as per section 29(5) of PR Act to VRS retirees of SBT. The AIBPARC leadership is rejecting our demand to add this in the list to IBA. The reason told by the AIBPARC Kerala leaders is that VRS retirees of SBT have accepted the Terms and conditions of VRS 2001, in which there is a clause that this benefit is not available to VRS retirees. But this principle is not applied to their other demands:

The Main demand of AIBPARC is pension updation!  At the time of opting for Pension scheme in lieu of CPF, there was no clear clause in the PR Act that pension will be updated periodically. But now AIBPARC demand for pension updation?  Those who resigned know that pension is not eligible to them. Now AIBPARC demands pension for resigned? But for SBT VRS retirees, they are not applying this principle, why? The Kerala leadership and national leadership of AIBPARC is making the SBT VRS retirees as fools, and at the same time they are demanding funds from SBT VRS retirees? Shame!!!

 

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[P. S. SATYANARAYANA]

In many other banks, SVRS 2001 retirees got 5 years weightage, with SCI judgment, even when there was no provision for 5 years weightage benefit in those banks' circulars.

This cannot be denied to SBT retirees on the ground that there was no provision in the bank's SVRS circular. 

-- P. S. SATYANARAYANA,

Canara Bank retiree.

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