Response of AIBPARC on Pension updation sent to Deputy Chief Labour Commissioner (Central) and to The Chairman, IBA
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Dear friends,
One of the Bank Retirees’ Apex Organisation in its letter dated 20.01.2023 has written a letter to both IBA and CLC. No one knows, including the authors whether the intention is to help Bank Retirees or create hurdles. Unfortunately, the leaders of this organisations also represented an Officers’ Association and negotiated its behalf. It is stated in the letter that :
It is beyond common comprehension as to what is the aim and purpose of the negotiation on Updation of Pension when there is a clear pre-existing provision to update the pension as per amended Regulation 35(1)? Is it to re- write and distort a settled issue as per the BEPR (1995)? OR it is to fragment the Bank Retirees into old, somewhat old and very old groups and so on
Now, we have following questions. We are aware that these inconvenient questions will not be answered by the leaders of the organisation, but also by Shri C N Venugopalan, Shri D Srinivasa Murthy, Shri Katari Sathyanarayana, etc. We have been asking a question, what is the formula provided in Regulation 35(1). But, without answering the question, this organisation has stated that
For information of both the sides, we would like to put on record that Regulation 35(1) - Appendix - I has clearly spelt out the modalities of Updation of Pension. In the said Appendix, there is a mention that the process of calculation would be made applicable for the Retirees between 01.01.86 and 31.12.87 since that particular group of Retirees alone was relevant and eligible at the time of implementation of Bank Employees Pension Regulations (1995). It was implemented and eligible pensioners were given the benefit of updation. But it is being denied during subsequent wage revisions. It may be appreciated that updation is not a onetime dispensation; it is rather a continual process on every wage revision.
It is stated that ‘Appendix – I has clearly spelt out modalities of Updation of pension’. Now it is pertinent to see what is there in Appendix – I, which helps us. It was not only Regulation 35(1), but also Appendix – I was amended in 2003. This is the much celebrated Gazette Notification. Appendix – I covers following categories of pensioners :
a. Those who retired retired during the period 01.01.1986 to 31.10.1987 in Para 1 (DA merger upto 600 points)
b. Workmen who have retired on or after the 1st day of November, 1992 but before the 1st day of September, 1993 and in respect of officers who have retired on or after the 1st of July, 1993 but before the 1st day of May, 1994 in para 2 (DA merger upto 1148 points)
c. In respect of workmen who have retired on or after the 1st day of November, 1992 but before the 1st day of November, 1994 and in respect of officers who have retired on or after the 1st day of July, 1993 but before the 1st day of November, 1994 in para 3 (Clarification regarding reckoning of Special Allowance) in para 4
d. Again, it is In respect of subordinate staff who have retired on or after the 1st day of November, 1992 and have drawn pre-revised special allowance as also those who have retired on or after the 1st day of November, 1994 in para 5.
By reading
the Appendix – I, one can infer that the computation of Basic Pension is either
by adding DA upto a point or restricting the quantum of Special Allowance. But, this organisation has claimed that the
formula is clearly spelt out modalities of updation in Appendix – I. What are the formulas this organisation is
referring to ? Is it adding Dearness
Allowance/Relief upto 6352 points is the formula applicable as per Appendix – I
? Otherwise, what is the other formula,
which this organisation is basing on ?
AIBPARC letters need not be taken seriously as IBA has alrady rejected theory of Reg35/1. UFBU has also kept these associations miles away. Instead of writing letters to CLC and IBA this org could have approached its sponsor AIBOC to fight for updation to all pensioners.There is also possibility that AIBOC may be pretending that it is serious about updation but using these front organization's to create hurdles for negotiations if any.
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