AIBRF -PENSION UPDATION

[MOHAN P]

Re: Pension Updation – Organisational Efforts and Recent Developments

[JSOMA SHEKARA]

Wishing best of luck for AIBRF in its perennial efforts in securing updation for Bank retirees. Hope AIBRF will continue its efforts  and achieve success in a decade or two.

On Tue, Jun 16, 2026 at 6:25 PM MOHAN P <moha...@gmail.com> wrote:

Re: Pension Updation – Organisational Efforts and Recent Developments

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[Niranjan Cn]

Somashekar Sir,

It is difficult to pacify anger of pensioners especially after 2019 RBI updation .  If you/we were to be leaders of Retiree Associations , what one would have done ?

The basis for Singlas case was the letter from DFS to AIBRF  - stating that updation is not part updation way back in 2005 and the same referred in High Court also.  Sarcastic remarks does not bring any benefit to us.

OF late, it is observed that - who gives false narrative, drums up expectations - are very good and warriors.  If anyone tells the facts - they are treated as against the pensioners.

Some are very confident of Singlas case - bring updation on RBI lines,  having waited for decade - another couple of months should not be the issue.

We pensioners need support from every quarter (UFBU and Retiree Unions) to get benefits.  

Niranjan

Ex Canara

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[Gopal Rao Gandhari]

Hello Niranjan

Do you think that CHV will support our case for pension updation?

We all experienced and these so called leaders even flouting fundamental laws, instance of DA payment to working and retirees and further down with sectorial/ various BPS. Don't they know in essence which is a wider lapse on their part before they sign any agreement?

Further about Medical insurance with GST, don't they know where they are leading into litigation only.

The so called leaders idiotic wisdom is putting the pensioners in grave.

Please understand Somasekhara from the real sufferings of pensioners in wide.

CHV need to be open and frank with his ideas and I can't expect that to be true trade union leader. He always says pension improvement- some improvement ExGratia one in 5 years with few hundred rupees.😡

Pont 40 is the pension of his COD?

Regards

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[Niranjan Cn]

Gopal Rao Sir,

Everyone will support pensioners and I have no doubt in it.  Why anyone will be against us ?

We are retired officers, why we have to depend on CHV ?? afterall he is leader of union which has around 25% of UFBU only.  We should ask whom for better delivery - it is clear that we have to go after AIBOC for achieving the benefits.

Is CHV is so powerful ?? and AIBOC is so week inspite of huge majority - then we have to seek change in AIBOC leadership - that is the right approach.

 

AIBEA - is very much sure based on the communications from AIBPARC that SC will order 'updtion on RBI Lines' in Singlas case for sure.  Hence they might have thought they have no role.

Which are the  leaders  favouring pensioners sir ? and why how  ?  Who are against and why ??  

We will not get any benefits by blaming and accusing,  if that is the case - we should have got updation at least 3-4 times because - we pensioners have accused so much CHV/etc.

Niranjan

Ex Canara

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[JSOMA SHEKARA]

Mr.Niranjanp

UFBU has the right to negotiate pensioners' issues. That right  also comes with accountability, responsibility to ensure benefits of agreements reaching pensioners as intended. UFBU also has the moral responsibility to ensure equal justice to all pensioners while negotiating issues and signing agreements. We do not find any logic in denying 100% DA to pensioners drawing Rs.10000 Pension and extending the benefit to pensioners drawing higher pension.  As much as Banks/IBA/DFS  the AIBEA and AIBOC both are equally liable to account for any ambiguous clauses and if any clause is misrepresented by IBA to gain advantage, AIBEA and AIBOC should both step in and protect the interests of pensioners as they have signed agreements on behalf of pensioners and not IBA. If leaders do not want to ensure equality of justice in agreements and does not want to ensure agreements are not properly implemented both leaders of AIBEA and AIBOC need not waste time travelling to Mumbai and Delhi to sign agreements and just authorise  one of their office staff who will sign agreements on dotted lines as directed by IBA.

1. Should pensioners drawing  meagre pension spend thousands of Rupees and energy in their old age to travel to  courts in various  cities and SC to  set right the anomaly?

Frequently this is happening and both AIBEA and AIBOC remained unconcerned.

If UFBU had formed an office bearers team to ensure proper implementation of the agreements this would  have been avoided.

2.  To claim AIBEA and AIBOC signed agreements for workmen and officers respectively does not hold good for pensioners issues. Has AIBEA signed the 1993 agreement for workmen only? How do we explain discrimination or misinterpretation of agreements every time? If pensioners are a burden for UFBU they should relinquish their rights for negotiating retirees issues. DFS will appoint a committee to resolve issues and we will get something.

3. Is it right to accept sub judice as reason for  not discussing Updation when DFS  itself included periodical updation in every settlement in the agenda of the committee appointed by it while M C Singla case is pending.

4. AIBEA has signed a 1993 agreement and pensioners believe it is the bedrock foundation for pension regulations?

IBA is giving ambiguous statements regarding validity of the agreement

On the one hand IBA claims Clause 12 provides for updation  subject future negotiations and at the same time argue 1993 agreements is just preliminary discussions.

As AIBEA signed on behalf of pensioners, is it not the responsibility of its leaders to clarify whether the  1993 agreement has any legal validity or just a piece of paper?

Asking for clarifications is not accusations. While SBI and RBI employees unions are active and securing benefits for pensioners, UFBU is  continuing signing agreements with anomalies and using the right to negotiate retirees issues as leverage to gain something for existing employees.

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[Veera Reddy]

A forensic audit on the status of implementation of the agreed terms of the settlements among member banks is necessary and its the bounden responsibility of the parties to the settlements to ensure its implementation.

Private sector banks have not implemented the another option for pension to resignees.

Unfortunately, many individual members are knocking the doors of the judiciary and struggling.

The major constituents of UFBU failed to ensure the implementation of Hon'ble Supreme court verdict in the matter of 1616 - 1684 by all the member banks of IBA.

It's just a rectification of anomaly.

Regards 

Veera Reddy P 🙏 

Mobile: 9666680390

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[JSOMA SHEKARA]

Thanks Veera Reddy  

you are correct. Pensioners are suffering because of lack of accountability and transparency  on the part of both iBA and UFBU.  UFBU used to submit charter of demands 6 months after expiry of the due date of BPS.  To decide wage revision increase percentage another 12 months was spent. then to decide DA merger points level  another 6 months. Then restructuring salary  and misc allowances another 20 months was required. Wage revision exercise used to take 36-40 months. Though 40 months time taken, retirees' issues  are not discussed and treated as  residual issues in every BPS settlement. Banks stipulate a deadline for everything but does not stipulate a deadline for iBA to complete BPS settlement. Banks are paying several lakhs to IBA for wage negotiations and each BPS meeting is expensive.  After 40 months whatevr settlement is reached  by IBA and UFBU will be adopted by Banks.without question. Banks have a battery of high profile lawyers. They can get the agreements reached by  IBA and UFBU scrutinized by their advocates to confirm the agreement does not violate clauses of BEPR 1995.

As per clause No.17 of 1993 agreement in case of any doubts about any clause of the agreement the same will be discussed and settled  by IBA and AIBEA.  This clause remained only on paper.

Had Banks ensured that agreements did not violate terms of BEPR 1995, there was no need for Pensioners to wander in the corridors of courts for 18 years to get justice.

Though late awakening, DFS had taken charge of wage negotiations from 12th BPS and naturally time taken for BPS settlement reduced to 18 months from 40 months. Now DFS has said it will monitor BPS negotiations on a monthly basis.

However DFS need to ensure that retirees issues  are discussed and settled  within the deadline or appoint a committee for examiiig and resolving pensioners demands.

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