Bank of Baroda paid Rs.3000/- towards Medical Insurance Premium from Staff Welfare Fund

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Vidhin Pandit

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Nov 26, 2015, 10:47:48 PM11/26/15
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It's kind information to Bank of Baroda retirees that :-
As per Bank of Baroda circular No.BCC:BR:107:555 dt.10/11/2015 bank has decided as under :-
"An amount of Rs.3000/- per annum shall be reimbursed towards Medical Insurance Premium paid by Such Retired/ Votantary retired employees/ spouse of deceased employee from the Staff Welfare Fund"
Thanks to Bank Management and bank's union for such a exampalery welfare decession.

HEMANT DESAI

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Nov 27, 2015, 5:57:40 AM11/27/15
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Very good to know. Other unions should try and get it. Hemant Desai
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Mohan V.R

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Nov 27, 2015, 10:34:16 PM11/27/15
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Can you upload BoB circular?

Sent From My Galaxy

sekhar G.

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Nov 27, 2015, 10:34:40 PM11/27/15
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All are writing to IBA regarding exclusion certain benefits in Med. ins. policy.

But there is no concrete result till date.

Sekhar

Chandrasekaran Venkataraman

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Nov 27, 2015, 10:35:48 PM11/27/15
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Mr.vidhin panditji
Kindly upload copy of the BOB circular on Medical insurance subsidy
Regards
V.Chandrasekaran
Retd.PNB

PM

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Nov 28, 2015, 6:17:47 AM11/28/15
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Dear Mr Chandrasekharan,
                                                             In the first  circular(BCC:BR:107:555.dated 10th Nov 2015, on Group Mediclaim Insurance Scheme  issued by HRM Dept. of Bank Of Baroda,Mumbai, itself ,it is spelt out clearly  on this point, under payment  premium, as follows:

3.b) "An amount of Rs.3000 per annum shall be reimbursed towards,Medical Insurance Premium paid by such retired/voluntarily retired employees/ spouse of deceased employee from the staff welfare fund."

For your ready reference and information the copy of Circular is attached here below:
BOB.MCIS.Cir.107.555.NOV10TH'15.pdf

Jagdish bhargava

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Nov 28, 2015, 10:47:07 PM11/28/15
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Good decision by the Management of BOB. Other Banks should also show the magnanimity and help the Retirees as per their financial position .Earlier BOI was having a very good scheme for it's retirees but perhaps nobody talks about it now-a-days.If it is implemented then many retirees are't required to pay any sum from their own pocket towards Medical insurance
 
J. K. Bhargava,ex-BOI

sekhar G.

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Nov 28, 2015, 10:47:45 PM11/28/15
to CBROABLR, Chandrakumar V R, Cbpvmcm Vijayalakshmi, AICBRF CHENNAI, sumathi krishnan, amjikarai velayutham, Irudhayaraj A, Subramaniam A V, bankpensioner, thiru gadam, Ananthayya Hande, jaip...@gmail.com, kktv...@gmail.com, siranjeevimurugan subbrayan, Vaidhyanathan Natarajan, S.R. Rajaraman, ram_...@yahoo.com, subra...@rediffmail.com, ushagop1, vsundar...@yahoo.com, vandh...@gmail.com, Ganesan Valliappa
BOB.MCIS.Cir.107.555.NOV10TH'15.pdf

JSOMA SHEKARA

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Nov 29, 2015, 6:25:22 AM11/29/15
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Canara Bank used to sanction Rs.2500/- every year to retirees during July-Aug. But this year no such announcement made so far. Since last one year Grievance Cell Meeting also not conducted.

Gopalakrishnan Ramachandran

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Nov 29, 2015, 10:38:38 PM11/29/15
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It is informed that previously the holiday home expenses were debited to General Charges account and from this it is being debited to Staff Welfare Expenses. Hence there is no chance of getting any amount this year for medical expenses in Canarabank.

However there is another news that Rs.2500 will be disbursed as usual and circular is expected anytime.

We do not know which is correct as it is a top secret, until disclosed!

G.Ramachandran
CB-SVRS

v.v. varkey

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Nov 30, 2015, 5:47:14 AM11/30/15
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i feel sorry that i failed to high light the great humanitarian consideration for the retired officers/award staff in our bank,federal bank in respect of medicare.they had made arrangements with united insurance co.to cover the hospitalisation expenses up to Rs.3lacs for the retireesand spouses.the premiums were high around Rs.15000/ and the management met 70% of the premium and the balance was to be paid by the retirees.now when the new scheme as per the bipartite settlement came to effect,the management extended the same 70% concession and the retiree need to pay only the balance amount of Rs.2248/.this benevolent attitude of the management induced the  neighbouring  south indian bank to offer the same benefit to their retirees.
v.v.varkey

Date: Sun, 29 Nov 2015 19:31:08 +0800

Subject: Re: bankpensioner Bank of Baroda paid Rs.3000/- towards Medical Insurance Premium from Staff Welfare Fund

sekhar G.

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Nov 30, 2015, 10:25:42 PM11/30/15
to CBROABLR, AICBRF CHENNAI, Ananthayya Hande, amjikarai velayutham, sumathi krishnan, Irudhayaraj A, Subramaniam A V, bankpensioner, B G Baliga, Chandrakumar V R, manger...@canarabank.com, thiru gadam, Ganesan Valliappa, G Vasudevan, Sushil Gupta, R K Chitkara, siranjeevimurugan subbrayan, Madhav Rao, Vaidhyanathan Natarajan, ram_...@yahoo.com, S.R. Rajaraman, subra...@rediffmail.com, vedha_s...@yahoo.com, ushagop1, vsundar...@yahoo.com, vandh...@gmail.com
Kind Attn: : Sri. K.B.Ballur, Gen. Scy,

With a request to make a note of the gesture of other managements, to 

get better benefits to the retirees from Canara Bank.

Regards,

G.Sekhar (M.No.3961)

Gopalakrishnan Ramachandran

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Dec 1, 2015, 6:13:58 AM12/1/15
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Shri G Sekhar, you have called for Shri Bellur's attention. He was the one who declared that the govt has accepted the recommendations of IBA to grant 100%DA to pre 2002 RETIREES, last year itself. But nothing happened afterwards.

Again he was the one who interpreted(or mis) the Rajasthan High Court judgement as one relating to LIC pensioners, which we came to know later  that some lecturers have got the judgement in their favour.

Notwithstanding to the above he can do a lot for the retirees in his capacity. Unfortunately nothing fruitful had happened to us.

G.Ramachandran
CB-SVRS.

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