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mohan p

Jan 12, 2023, 7:30:56 AMJan 12
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UFBU meeting was held today in Mumbai. 
since there is no response from IBA on our demands despite letters, it has been decided to revive our agitation and to give a call for strike on 30th and 31st January on the following demands: 
5 days banking, 
updation of pension, 
residual issues, 
scrap NPS, 
immediate starting of negotiation on charter of demands for wage revision and adequate recruitment in all cadres.

circular follows. 

Sanjeev K Bandlish,
Convenor, UFBU


Jan 12, 2023, 11:11:00 PMJan 12
to bankpe...@googlegroups.com
Both IBA and UFBU are not serious and  not interested in the Updation. This is the 3rd or 4th time UFBU conducted a meeting, sending letters to IBA, during the last two years and claims that they will go on agitation. Meanwhile AIBEA did go on agitation and after meetings with CLC attended by IBA. DFS, Private sector  and  PSU Banks proudly declared that ALL ISSUES RESOLVED. Updation was not on the agenda. Issues pertaining to private Banks only were on the agenda.
Unless UFBU takes the issue seriously and comes out with a specific proposal for pre 2002 retirees and post 2002 retirees Updation will remain only in circulars.
Updation to Pre 2002 retirees does not mean anything. At any cost they cannot pay us a pension more than 8th BPS retirees.
IBA/UFBU should stop accusing each other and get into action immediately to resolve the long pending issue.

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Jan 12, 2023, 11:11:00 PMJan 12
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This is a cat and mouse game between all the concerned parties.

Sent from Yahoo Mail for iPhone

Gopalakrishnan Ramachandran

Jan 13, 2023, 5:23:28 AMJan 13
to Bankpensioner Google
Now that strike call is given, the IBA will try to do some tricks. The fear is of course, the updation will be sacrificed if other benefits are assured. The UFBU's sincerity for implementing updation will be known only if it sticks to the demand and secures the benefits to pre 2002 retirees as envisaged.

G Ramachandran


Jan 14, 2023, 3:19:21 AMJan 14
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UFBU convenor in his speech a month back after last BPS meeting said that
'IBA more or less convinced that the Updation issue is to be settled for 5-7 BPS retirees first and a road map  for updation of post 2002 retirees. IBA is calculating cost and they are also approaching actuaries in this regard..He also said that IBA has to make an agreement including both updation for pre 2002 retirees and post 2002 retirees and they are working on the same.
As regards 5 day Banking IBA has agreed for the same  with the condition of increase in working hours and we have to tell whether such increase of working hours is from morning or in the evening, After that they will seek DFS approval and this is settled issue.
But he has not specified any details on the issue of updation to pre 2002 retirees first.
So why agitation now when IBA has agreed for both the demands?
A link to video clip of his speech attached

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