AIBOC LETTER TO IBA

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Jun 26, 2019, 11:24:56 PM6/26/19
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Jun 27, 2019, 10:30:03 PM6/27/19
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For Information:

AIBOC has submitted a detailed
Memorandum on their issues to Shri Anurag Singh Thakur,
Hon’ble Minister of State for Finance on 26.6.19,
under which retirees issues too find a place as follows:

"Pension Updation : Pension is revised for retired Government employees with every pay
revision automatically. Recently government has updated pension of RBI Personnel. But for
bankmen it does not happen at all. With this, many are being paid pension which are awfully
low. Retirees cannot meet day to day expenditure and cannot afford a dignified living. Family
pension is nothing short of a pittance – half the rate applicable to government employees!!
Pension drawn by officers in highest scale (i.e. General Managers) of yester years is lesser than
that of clerks who have retired/are retiring today.
We request that pension needs to be updated with every salary revision and family pension
needs to be revised as is applicable to government employees. Retired personnel have a right to
lead a reasonable life for having devoted their life time to the cause of the organisation and
nation building."

Velayudhan Nair

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Jun 28, 2019, 12:21:53 AM6/28/19
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Is it by AIBOC or AIBPARC?


warm reg


CPVNAIR
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JSOMA SHEKARA

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Jun 28, 2019, 12:21:53 AM6/28/19
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Pension Updation is a major issue and UFBU has to give top priority to this. Including this as a misc item in memorandum as always UFBU  do is not a good sign. Further presentation portion of Updation lacks punch. UFBU has to exclusively submit a memorandum for updation with detailed statistics of availability of Pension Funds, EPR regulations etc.  IF AIBOC lacks knowledge on Pension Updation they can consult retiree organizations reg forceful presentation of updation issue. Including Updation as also an item in memorandum is a cosmetic one amd does not get required attention of FM.

mohan p

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Jun 28, 2019, 12:33:51 AM6/28/19
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The relevant portion on Updation of Pension,is from detailed  letter no. AIBOC/2019/58 dated 26.06.2019 sent by GS ,Soumya Datta of AIBOC to MOS.MOF.


Ramesh Pandey

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Jun 28, 2019, 6:07:08 AM6/28/19
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Extremely casually drafted presentation.......fails to reflect the gravity of injustice and discrimination to BANK PENSIONERS.......no Facts/figures....comparative figures of pension  in Banks for  Pensioners/family pensionrs vis-a-vis ....pathetic plight of pensioners retired 20-25 years back........Comfortable Pension Fund........No impact on Banks profitability due updation/revision.....NOTHING BUT TRASH.

CAPT PANDEY
EX-PNB







From: bankpe...@googlegroups.com <bankpe...@googlegroups.com> on behalf of mohan p <moha...@gmail.com>
Sent: 28 June 2019 10:03
To: bankpensioner
Subject: Re: bankpensioner AIBOC LETTER TO IBA
 

JSOMA SHEKARA

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Jun 29, 2019, 12:56:52 AM6/29/19
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IBA had opposed Pension updation to RBI on the ground that similar demands will come from Bank Pensioners. IBA feed back to govt on Updation to Bank pensioners (as evident from  former FM Sri.Arun Jaitleys reply on subject in Parliament) is:
1. There is no provision in EPR 1995 for Periodical revision of Pension.
2.  Banks cannot afford huge cost of Updation as Banks profitability position is Bad. This proves that IBA stand is Pension Updation cost is to be met by Profits  and not from Pension funds.
Govt will not take any unilateral decision and refer the matter to IBA for its feed back and IBA reiterate its  stand  as explained above.
So do UFBU leaders have any clarity on the above stand of IBA? Do they agree that EPR 1995 does not provide for Updation? Do they agree that Cost of Pension Updation is to be serviced from Profits and not Pension Funds? Profit is arrived after providing for Establishment and superannuation costs.
All constituents must have clear stand and clarity and consensus  on these issues, collect  cost data and Pension fund data and confront IBA in BPS and convince IBA to send recommendation to govt. If negotiation fails UFBU must take up issue  with govt with all data and should not sign BPS unless Updation is resolved.
AIBOC main purpose was to get instructions from DFS to IBA to include all officers in wage negotiations. Just for name sake they have included a para on Updation which does not convince anybody. In BPS meetings where it really matters UFBU close updation talks with one liners without demanding full fledged talks on updation. Outside they make noise to fool retirees. On 25.05.2015 all pensioners including hardcore fans (exceot a few)  lost faith in Unions. No more dramas. Only genuine action is appreciated.

KLRao,ResourcePerson

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Jun 29, 2019, 12:57:29 AM6/29/19
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Captain Pandey ,
If the letter is lengthy, 
Now a days no one reads 
Just for your information 
Officials in the finance ministry repeatedly told me 
KLRao 

Debasish Mukherjee

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Jun 30, 2019, 6:51:00 AM6/30/19
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1.Though there is no provision for periodical updation of pension in the PSU Banks Pension Regulations
but in the said regulation there is a provision for updation of pension in line with updation for the
R.B.I.retirees as and when done. As such since the Govt.permitted updation for the R.B.I.retirees the
F.M. should also allow updation for PSU Banks retirees this time.
2.Reason of the Banks adverse financial position as rejecction of Pension updation for the retirees is
not tenable since the Banks will be able to meet the cost of updation from sufficient Pension corpus of
about Rs.3 lacs crores as on 31.3.2019 with them and will not need to shoulder additional financial
burden for pension updation. In spite of this fact when the Govt./ the Banks/ and IBA are citing
adverse financial condition of the Banks the reason of impediment for the retirees pension updation it
is construed that the Govt. might have allowed the Banks to divert funds from the Pension Corpus and if
so such act is illegal and need to be brought to the notice of Supreme Court forthwith.
3.When the IBA Officials cite reason of their unability to consider retirees issues since the IBA is an
Advisory Body and is not empowered to take any decision how then then the IBA will decide on the
retirees pension updation and other issues? Govt. Leaders of the UFBU and the retiree Associations if
they are really sincere and have concern for the retirees,particularly the pre 2002 retirees extreme
financial difficulties then these leaders must cite the Division Bench comprising the then CJI of
Supreme Court Judgement dt.01.7.2015 vide the SC case No.1123 wherein it has been specifically ruled
that Pension is a right of the employees and Wage revision and Pension updation are inseperable.
Debasish Mukherjee,
Member-Bank Pensioner Google Groups,
E.mail-...@rediffmail.com

On Sat, 29 Jun 2019 10:26:56 +0530 JSOMA SHEKARA wrote

>IBA had opposed Pension updation to RBI on the ground that similar demands will come from Bank
Pensioners. IBA feed back to govt on Updation to Bank pensioners (as evident from  former FM Sri.Arun
Jaitleys reply on subject in Parliament) is:1. There is no provision in EPR 1995 for Periodical
revision of Pension.
2.  Banks cannot afford huge cost of Updation as Banks profitability position is Bad. This proves that
IBA stand is Pension Updation cost is to be met by Profits  and not from Pension funds.
Govt will not take any unilateral decision and refer the matter to IBA for its feed back and IBA
reiterate its  stand  as explained above.So do UFBU leaders have any clarity on the above stand of IBA?
Do they agree that EPR 1995 does not provide for Updation? Do they agree that Cost of Pension Updation
is to be serviced from Profits and not Pension Funds? Profit is arrived after providing for
Establishment and superannuation costs.
All constituents must have clear stand and clarity and consensus  on these issues, collect  cost data
and Pension fund data and confront IBA in BPS and convince IBA to send recommendation to govt. If
negotiation fails UFBU must take up issue  with govt with all data and should not sign BPS unless
Updation is resolved.
AIBOC main purpose was to get instructions from DFS to IBA to include all officers in wage
negotiations. Just for name sake they have included a para on Updation which does not convince anybody.
In BPS meetings where it really matters UFBU close updation talks with one liners without demanding
full fledged talks on updation. Outside they make noise to fool retirees. On 25.05.2015 all pensioners
including hardcore fans (exceot a few)  lost faith in Unions. No more dramas. Only genuine action is
appreciated.

On Fri, Jun 28, 2019 at 3:37 PM Ramesh Pandey wrote:







Extremely casually drafted presentation.......fails to reflect the gravity of injustice and
discrimination to BANK PENSIONERS.......no Facts/figures....comparative figures of pension  in Banks
for  Pensioners/family pensionrs vis-a-vis ....pathetic plight of
pensioners retired 20-25 years back........Comfortable Pension Fund........No impact on Banks
profitability due updation/revision.....NOTHING BUT TRASH.





CAPT PANDEY

EX-PNB


























From: bankpe...@googlegroups.com on behalf of mohan p


Sent: 28 June 2019 10:03

To: bankpensioner

Subject: Re: bankpensioner AIBOC LETTER TO IBA
 



The relevant portion on Updation of Pension,is from detailed  letter no. AIBOC/2019/58 dated 26.06.2019
sent by GS ,Soumya Datta of AIBOC to MOS.MOF.







On Fri, 28 Jun 2019, 09:51 Velayudhan Nair, wrote:



Is it by AIBOC or AIBPARC?





warm reg





CPVNAIR



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Chandrasekaran Venkataraman

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Jun 30, 2019, 6:51:00 AM6/30/19
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,Pl..wait on 25.5.2020,(5 year period) another Joint Note is expected carrying forward the previous Joint Note assuring "humanitarian considerations"
Regards
V.Chandrasekaran Retd PNB(pre ,2002)

Srinivasa Murti Devulapalli

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Jun 30, 2019, 6:53:29 AM6/30/19
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Srinivasa Murti Devulapalli

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Jun 30, 2019, 6:53:31 AM6/30/19
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karuppaswamy N.A.

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Jul 1, 2019, 6:33:02 AM7/1/19
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When there is clear cut judgement is SC why the association leaders are begin ubu an iba they can very well appoch  court.  Why the association people are hesiting.


GUNA

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Jul 1, 2019, 6:34:20 AM7/1/19
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Are U serious about UPDATION ?

 Mr Somasekhara has explained about the present state of updation. As all us  already know what is in store for Retirees at the outcome of 11th BPS and going on the basis of unpleasant past experience with UFBU, are we waiting for an Angel to shower the benefit Updation and 100% DA Neutralisation on us?

Time and Again I  have written in this forum that none of the monetary benefits, whether it be of 5 years weightage for the calculation of basic pension to VRS Retirees or anomaly in fixation of basic pension at INDEX 1616 instead of 1684 were achieved with the help of UFBU.

They were all achieved by individual retirees of Punjab and Sind Bank and  Mr G Palani and Othrs. of BOB, respectively through Court Cases, against the wishes of IBA/UFBU Combine. But the funniest part is that all other Retirees Organisations have become richer by lakhs by way of levy and subscription, citing the Judgment. The real heroes who achieved the Court cases were forgotten unsung.

Many of the leaders (handpicked by AIBEA/AIBOC) of Retirees' Organisations are not serious about filing and pursuing the Court Cases as it may go against the wishes of their parent Organisation viz, AIBEA/AIBOC, and hence act like pinning hopes on UFBU to escape the wrath of Retirees.

Then why Major Retirees Organisations are shying away from filing and pursuing Court cases on Updation and 100% DA Neutralisation when there is enough scope for winning the cases, since there is reference as regard to construction of this Pension Regulation 1995 on RBI Model and there are silver linings as pinpointed by Mr NSS on more than one occasion as regard to reference in relation to Updation factor in the Minutes of Memorandum signed during discussion on Pension in 1993.

This posting is just to make the Retirees understand the reality of situation and to act accordingly. Stop pinning hopes on UFBU and build confidence in the Justice Delivery System of the Country and pressurise the Major Retirees Organisations to approach the Court instead of falling in line with UFBU.

With Regards

GUNASEKHARAN R

Ex. CANARA


Nagaraju Kakani

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Jul 2, 2019, 12:17:13 AM7/2/19
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Sairam, In view of the dirty politics and unhelpful attitude of hide and seek game being played for the last 20 years by the major retiree organisations and their God father organisations in collusion with IBA, why not ,we ,the retirees enmasse resign and join the other retiree organisations having links with the  present day ruling party, before the 11 th BPS finalisation, as well as inspiring the other young Bankers to follow our path,so as to mount pressure on the organisations,  in search of  better deal and treatment to Bank retirees and the in service employees.
We are all pushed to the wall and we have no time to wait and waste to see another record note. 
With regards, 
Kakani Nagaraju, 
Ex BOI, Hyderabad. 

Shrinivas Parkar

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Jul 2, 2019, 12:17:56 AM7/2/19
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Yes, you are absolutely right. I feel that in addition to approaching Hon'ble Courts, our Retirees Association, now has to take support of Political party. On National level, Retirees Association should leave alliance with communist party, which has lost impirtance now & give retirees support to BJP & in turn seek support of BJP for our demands. In Mumbai for stopping Mumbai based IBA from making mockery of Retirees,  our Retirees Association may give & take support of Mumbai based Shivsena. When our Retirees Association is not paying any contributions to UFBU nor has voting power to either elect or remove leaders of UFBU, how we can expect that UFBU will take care of Association of already retired staff?

Shrinivas Parkar

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Jul 2, 2019, 6:23:56 AM7/2/19
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Yes Sir, you are perfectly right. We retirees should, individually, mail/write to BJP leader, Hon'ble Amit Shah to form an association of Bank Retirees and we all Retirees may join such BJP allied Bank Retirees Association.  

Srirama Murti

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Jul 3, 2019, 12:02:06 AM7/3/19
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dear retirees/pensioners!
earlier the percentage of marriages amongst temple priests in Telangana was very low.
but the new govt, in Telangana has brought reforms/changes in the pay scale of Archakas,somewhat 
better than old times.Likewise, a day is not far off when the bank men are not preferred by
girls.It is up to the legislators state/central level to ponder over the matter and do justice to bank men.
This point is to be driven deep into the social media,face book/twitter/you tube.
it is to be noted our retirees' union leaders want  to keep the grievances of pensioners in cold storage,
the problems are treated by them as Kashmir issue , no solution.
so far our dharnas, representations,Letters have not yielded solutions.
the new proposal to join the other retiree organisation along with in-service bank men. having links to the  present government is to
be given fair trial before finalisation of 11 th BPS;
With Regards to all,
S.S.R.Murthy, ex-canara bank.

Shrinivas Parkar

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Jul 3, 2019, 6:29:50 AM7/3/19
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BJP is having allied organisations in different sectors, such as 'ABVP' for Students, 'Vanvasi Kalyan Centers' for tribals etc. Similar way, BJP may start 'Senior Citizen Forum' for Retirees & Pensioners. To start with this Forum, with support of the Government,  may resolve 100% DA issue of Bank Retirees,  which is easy to be solved, if the Government supports the same. With this Victory, this Forum may attract all Senior  Citizens,  thus creating a huge Vote Bank for BJP. I think Hon'ble Amit Shah may like this idea. I also feel that we have to take support of ruling party. This only may teach lesson to present leaders of UFBU, who are making mockery of Retirees, by signing 'Record Note '.

Shrinivas Parkar

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Jul 4, 2019, 12:26:32 AM7/4/19
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Debasish Mukherjee

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Jul 4, 2019, 12:26:33 AM7/4/19
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TREACHERIES OF THE AIBOC, AIBEA & UFBU LEADERS HAVE TO BE EXPOSED.
------------------------------------------------------------------

BJP is already having its own Trade Union Arm since many years known as Hind Mazdoor Sangh(HMS) also
known as Bharatiya Mazdoor Sangh(BMS)- Head Quarter is at N.Delhi. We may approach them for taking up
Senior Bank retirees neglect & sufferings at the instance of the UFBU leaders and IBA Officials.
I also agree with Mr.Shrinivas Parkar that the leaders of the AIBOC, AIBEA and other UFBU Constituents
and even two of the retiree Associations are in Hands & Gloves with the unscrupulous Banks
authorities/IBA and making fun with sufferings of the Senior and Super Senior retirees. These leaders
are playing with the woos of the retirees, making gimmicks from time to time. The UFBU particularly the
AIBOC and the AIBEA leaders have made all sorts of treacheries and deceived the retirees in many ways.
We did not forget how the then AIBOC G.S. Mr.Harvinder Singh made a gimmick of circulating a letter
purported to have been issued by the AIBOC addressing to the IBA raising the retirees unresolved issues
including the 100% D.A. issue but the letter was never despatched/received by IBA at all. This game of
AIBOC's the then G.S. played in alliance with the AIBRF G.S. who were in Hands & Gloves for their
vested interests. Also our memories did not fade away that due to these leaders objection(AIBOA's the
then G.S. threatened the IBA) the IBA had to withdraw their proposal for updation of pension to the
extent of 2 to 3% out of total package of Xth Bipartite settlement and also had to abandone from giving
effect of 100% D.A.Neutralisation to the pre Nov.2002 retirees as per commitment for consideration of
payment on humanitarian ground as per the IBA signed Record Note with the UFBU on 25.5.2015. have done
all the Till date neither the UFBU nor the retiree Associations could get the retirees any benefit.
Whetever have been achieved till date due to some retirees individual efforts/fighting legal battles
but after the Courts verdicts leaders of the retiree Associations suddenly jumped upon, claimed credits
and collected levys from the members for winning the legal battles. It is time treacheries of these
leaders have to be exposed.

Debasish Mukherjee,
Member- Bank Pensioners Google Groups,
E.mail- mumb...@rediffmail.com

On Wed, 03 Jul 2019 15:59:58 +0530 Shrinivas Parkar wrote

>BJP is having allied organisations in different sectors, such as 'ABVP' for Students, 'Vanvasi Kalyan
Centers' for tribals etc. Similar way, BJP may start 'Senior Citizen Forum' for Retirees & Pensioners.
To start with this Forum, with support of the Government,  may resolve 100% DA issue of Bank Retirees, 
which is easy to be solved, if the Government supports the same. With this Victory, this Forum may
attract all Senior  Citizens,  thus creating a huge Vote Bank for BJP. I think Hon'ble Amit Shah may
like this idea. I also feel that we have to take support of ruling party. This only may teach lesson to
present leaders of UFBU, who are making mockery of Retirees, by signing 'Record Note '.
On Wed, 3 Jul 2019, 9:32 am 'Srirama Murti' via bankpensioner, wrote:

dear retirees/pensioners!earlier the percentage of marriages amongst temple priests in
Telangana was very low.but the new govt, in Telangana has brought reforms/changes in the pay scale of
Archakas,somewhat better than old times.Likewise, a day is not far off when the bank men are not
preferred bygirls.It is up to the legislators state/central level to ponder over the matter and do
justice to bank men.This point is to be driven deep into the social media,face book/twitter/you tube.it
is to be noted our retirees' union leaders want  to keep the grievances of pensioners in cold
storage,the problems are treated by them as Kashmir issue , no solution.so far our dharnas,
representations,Letters have not yielded solutions.the new proposal to join the other retiree
organisation along with in-service bank men. having links to the  present government is tobe given fair
trial before finalisation of 11 th BPS;With Regards to all,S.S.R.Murthy, ex-canara bank.







On Tuesday, 2 July, 2019, 03:53:58 pm IST, Shrinivas Parkar
wrote:





Yes Sir, you are perfectly right. We retirees should, individually, mail/write to BJP
leader, Hon'ble Amit Shah to form an association of Bank Retirees and we all Retirees may join such BJP
allied Bank Retirees Association.   On Tue, Jul 2, 2019 at 9:47 AM Nagaraju Kakani
wrote:Sairam, In view of the dirty politics and unhelpful attitude of hide and
seek game being played for the last 20 years by the major retiree organisations and their God father
organisations in collusion with IBA, why not ,we ,the retirees enmasse resign and join the other
retiree organisations having links with the  present day ruling party, before the 11 th BPS
finalisation, as well as inspiring the other young Bankers to follow our path,so as to mount pressure
on the organisations,  in search of  better deal and treatment to Bank retirees and the in service
employees.We are all pushed to the wall and we have no time to wait and waste to see another record
note. With regards, Kakani Nagaraju, Ex BOI, Hyderabad. On Mon, Jul 1, 2019, 16:04 GUNA
On Sat, Jun 29, 2019 at 10:26 AM JSOMA SHEKARA wrote:IBA had opposed
Pension updation to RBI on the ground that similar demands will come from Bank Pensioners. IBA feed
back to govt on Updation to Bank pensioners (as evident from  former FM Sri.Arun Jaitleys reply on
subject in Parliament) is:1. There is no provision in EPR 1995 for Periodical revision of Pension.2. 
Banks cannot afford huge cost of Updation as Banks profitability position is Bad. This proves that IBA
stand is Pension Updation cost is to be met by Profits  and not from Pension funds.Govt will not take
any unilateral decision and refer the matter to IBA for its feed back and IBA reiterate its  stand  as
explained above.So do UFBU leaders have any clarity on the above stand of IBA? Do they agree that EPR
1995 does not provide for Updation? Do they agree that Cost of Pension Updation is to be serviced from
Profits and not Pension Funds? Profit is arrived after providing for Establishment and superannuation
costs.All constituents must have clear stand and clarity and consensus  on these issues, collect  cost
data and Pension fund data and confront IBA in BPS and convince IBA to send recommendation to govt. If
negotiation fails UFBU must take up issue  with govt with all data and should not sign BPS unless
Updation is resolved.AIBOC main purpose was to get instructions from DFS to IBA to include all officers
in wage negotiations. Just for name sake they have included a para on Updation which does not convince
anybody. In BPS meetings where it really matters UFBU close updation talks with one liners without
demanding full fledged talks on updation. Outside they make noise to fool retirees. On 25.05.2015 all
pensioners including hardcore fans (exceot a few)  lost faith in Unions. No more dramas. Only genuine
action is appreciated.On Fri, Jun 28, 2019 at 3:37 PM Ramesh Pandey wrote:






Extremely casually drafted presentation.......fails to reflect the gravity of injustice and
discrimination to BANK PENSIONERS.......no Facts/figures....comparative figures of pension  in Banks
for  Pensioners/family pensionrs vis-a-vis ....pathetic plight of
pensioners retired 20-25 years back........Comfortable Pension Fund........No impact on Banks
profitability due updation/revision.....NOTHING BUT TRASH.




CAPT PANDEY

EX-PNB




















From: bankpe...@googlegroups.com on behalf of mohan p

Sent: 28 June 2019 10:03
To: bankpensioner
Subject: Re: bankpensioner AIBOC LETTER TO IBA
 



The relevant portion on Updation of Pension,is from detailed  letter no. AIBOC/2019/58 dated 26.06.2019
sent by GS ,Soumya Datta of AIBOC to MOS.MOF.





On Fri, 28 Jun 2019, 09:51 Velayudhan Nair, wrote:


Is it by AIBOC or AIBPARC?


warm reg


CPVNAIR

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