Dear Friends,
01.Negotiations on 12th Bipartite Settlement/Joint Note for Wage Revision may be commenced on 28.7.2023 as indicated in the MOU on GMIS dt 19.7.23 with IBA and UFBU.
02.The minutes of 19th July'23 refer on Updation of Pension – 100% DA for pre-Nov. 2002 pensioners as follows:
“We demanded that the issue of updation of pension should be resolved as early as possible. We further pointed out that to bring all pensioners at par, 100% DA should be extended to pre-Nov.2002 pensioners so that with that parity, the issue of updation can be addressed effectively. IBA was positive to our demand and agreed to work out an amicable resolution of this issue at the earliest.”
03.Beyond such coined words in circulars of UFBU,we have never heard about on any specific formula on updation of pension with related cost implications etc and way out to resolve the issues in a time bound schedule.
04. We have also witnessed several rounds of such meetings,in BPS/JN meets in the past too, and heard on many assurances on resolving retirees long pending issues!
05.In RBI one more revision of pension has been implemented.A committee has been appointed in SBI to look after issues of pensioners. In our case, assumptions and presumptions were/still in air as per individuals wish.
06.Since retirees have no role or control over such matters we can only look forward to such meetings only with hopes!
07.We are also aware that any thing can be crystalized in this direction through negotiations between IBA-UFBU.
The only question before us is; will the negotiating parties, discuss the matter seriously and try to resolve our issues within a time frame in a transparent manner ?
Only time will tell!
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