ON 29TH BPS - CHV. AIBEA SPEAK

[PM]

Speech of MR. CHV,GS,AIBEA on XI the BPS for information.

https://lm.facebook.com/l.php?u=https%3A%2F%2Fyoutu.be%2F2_1zalV5cH0&h=AT23Q8CQP4Ge79TrDiLdYTVIABjbKFGhbBm-DdXU6hxrgDR7PwzypKR6S3bpSLa2r9TygbDSBk5F9JUdyHITQM_69s9lEhp79yEQoiVhilXWfOyXHzbGKmOSDImSp64xyy2ca1QmfJo99QbUl1x1sU8oMfalabx8EZ0xlw

[PM]

UPDATION OF PENSION ?:

Pl see attached letter of BEFI .

[Velayudhan Nair]

Dear PMji,
Could you please ponder over posting a verbal format of this?



warm reg




CPVNAIR

On 3/2/20, PM <moha...@gmail.com> wrote:
> Speech of MR. CHV,GS,AIBEA on XI the BPS for information.
>
>
>
> https://lm.facebook.com/l.php?u=https%3A%2F%2Fyoutu.be%2F2_1zalV5cH0&h=AT23Q8CQP4Ge79TrDiLdYTVIABjbKFGhbBm-DdXU6hxrgDR7PwzypKR6S3bpSLa2r9TygbDSBk5F9JUdyHITQM_69s9lEhp79yEQoiVhilXWfOyXHzbGKmOSDImSp64xyy2ca1QmfJo99QbUl1x1sU8oMfalabx8EZ0xlw
>
>

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[Narasaiah Chintalapudi]

On Mon, 2 Mar 2020 at 6:00 PM, PM <moha...@gmail.com> wrote:

Speech of MR. CHV,GS,AIBEA on XI the BPS for information.

Chv is a cheater. Nothing was achieved and strike differed. Observe CHV speech. Cheater

[JSOMA SHEKARA]

We already knew one person is manipulating entire BPS.They always hide actual proceedings in BPS and report somehing else. I have already posted  a message earlier indicating there are another version where Unions have asked for pensioners data. This matter was hidden by UFBU in their circular. Further  in you tube video CHV is claiming that IBA hjas agreed to enhance ex gratia to pre 1996  pensioners. This is what they meant improvement to earlier settlements. BEFI reveals IBA has proposed SOME PENSION without amending Pension Regulations. Why UFBU is hiding this and not reported in their circular.This is what I had expected earlier that they will give some 500-600Rs as special allowance which do not require Pension Regulation amendment.

Even Family Pension also they are not making any amendment to Pension regulation and claiming that in addition to 15% Family pension some extra amount will be given by banks.

It is natural that they are keeping out BEFI  and NOBW as anybody who questions their deals will be kept out.

I pity AIBRF which without getting facts congratulating UFBU for geeting Pension Updation.

Please note that UFBU six months back also requested IBA to share pensioners data.

Again CHV in tube video claiming no money for updation without getting cost data.

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[Ramasamy Parthasarathy]

It is so painful that the aged bank pensioners are being toyed with by all. CHV says pension upgrade process has begun. Mr. S. C .Jain of the pensioners' federation confirms it. Now, we have another version. CHV must elaborate the process.

[natarajan pv]

Kind attn : Mr. Satyanaraya Rao ji.

THANKS AND REGARDS,

P.V.NATARAJAN.‌
9445021712.

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[JSOMA SHEKARA]

In a landmark judgment SC ordered pension to SBI retired employees who took VRS in 2001 after 15 years of service.

Judges have made certain interesting observations in judgment. But why same was not applied in our 100% DA case.

Copy of Judgment is attached.

On Mon, Mar 2, 2020 at 6:00 PM PM <moha...@gmail.com> wrote:

Speech of MR. CHV,GS,AIBEA on XI the BPS for information.



https://lm.facebook.com/l.php?u=https%3A%2F%2Fyoutu.be%2F2_1zalV5cH0&h=AT23Q8CQP4Ge79TrDiLdYTVIABjbKFGhbBm-DdXU6hxrgDR7PwzypKR6S3bpSLa2r9TygbDSBk5F9JUdyHITQM_69s9lEhp79yEQoiVhilXWfOyXHzbGKmOSDImSp64xyy2ca1QmfJo99QbUl1x1sU8oMfalabx8EZ0xlw

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[Velayudhan Nair]

So, which one is reliable now?UFBU's or BEFI's?What does AIBEA say on
retirees issue?

warm reg


CPVNAIR

On 3/2/20, PM <moha...@gmail.com> wrote:
>
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[babu]

Mr CHV is against updation from the beginning. He  is the real culprit in the entire episode.

On Mon, Mar 2, 2020 at 8:24 PM PM <moha...@gmail.com> wrote:

[mohan p]

Dear Nairji,

Nothing to rejoice for retirees! Hence I have not made any observations of comments. Let retirees apply their wisdom!

                      In nut shell : As per CHV

Family pension improvement with GOI. 10000 crores cost! May come.

Updation IBA  to study the cost. It is a begining .That if happen for earlier settlement retirees only,depending upon cost.Some amount will be given,not updation as per formula of RBI .No amendment in EPR!

Rest are on 15% increase in wages.Mate

rnity leave, addl encashment of leave , and contribution of NPS of staff from 10 to 14% etc for employees

Actual.fact on retirees is given by BEFI .I have attached the BEFI  letter to.convenor for information .

A note on retirees above issues placed 0nly after the meet by IBA as per BEFI ! Then ,where is the discussion on retirees issues at this final or end of talk ?

We can think rest!

Regards,

Mohan P

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[Velayudhan Nair]

Very true dear PMji.Nothing to cheer up.Family pension may come if GOI
open up its eyes.wrt updation it seems UFBU/IBA combine tantalizes
us, keeps us guessing.



warm reg



CPVNAIR

>> https://groups.google.com/d/msgid/bankpensioner/CAARbdpPdmGj4HWytK0sQSVNMJXyC%2BswkQ7FZ7APn%2Bi0nWddFvw%40mail.gmail.com
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[JSOMA SHEKARA]

From various circulars of UFBU, BEFI. AIBEA it seems the present status of Updation is this:

Updation issue was not discussed in official BPS negotiations but after BPS meeting IBA proposed

1. lumpsum amount  in lieu of updation, without amending Pension Regulations.

2. One Union agreed to this without consulting others.

3, One Union asked IBA to share data of pensioners.

4. CHV informed IBA agreed to enhance ex-gratia of pre 1986 pensioners.

However UFBU has not reported all this in their circular but framed sentence in such a way that we get impression that Updation issue is discussed dueing BPS meeting and some improvement for earlier settlements.

But exact truth will come out when RECORD NOTE is signed.

AIBRF calls this composite settlement.

To view this discussion on the web visit https://groups.google.com/d/msgid/bankpensioner/CAJZJa3r-wnC4XWZnhji88DkoqO0ON6-po0Z892TbAzHjU3bDXQ%40mail.gmail.com.

[natarajan pv]

Dear Mr. Soma Sekhara Sir,

Pre 1986!!!!

Will be minimum 94 years now. How many beneficiaries ?

Really fantastic offer IBA has made and CHV has proudly announced.

THANKS AND REGARDS,

P.V.NATARAJAN.‌
9445021712.

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[Asok Bhaumik]

AIBOC is yet to issue any circular on the pension updation issue.

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[Chandrasekaran V]

From the speech of CHV, it is obvious that he is a reluctant negotiator for improvement/updation in Pension/Family Pension.  Luckily, FinMin has considered the plight of the family pensioners of bank employees and felt the need for improvement.

It appears that the Finance Ministry has been caught on the wrong foot by agreeing to RBI Employees demand for a 'systematic'/'well-defined' updation in pension.  One may wonder, why it is so ?  For, even in the Central Government Employees' (Pension) Rules, there is no provision for updation of pension BUT  the Government, in a gratuitous measure, HAS BEEN ISSUING 'EXECUTIVE ORDER' instead of 'amending' Pension Rules every time after implementation of Pay Commission Recommendations in respect of serving employees.   This is basically the reason for the IBA (read also FinMin) not agreeing for amendment to Bank Employees' (Pension) Regulations BUT offering payment of a certain lumpsum/some other formula for improvement in Pension & Family Pension.  The Bank Unions are guilty, yes guilty, in the previous settlement for not taking up the cause of pensioners/family pensioners in THE EARLIER SETTLEMENTS SIMULTANEOUSLY ; and, HAD THE unions pressed and achieved it, the burden would not have been much that the present situation of 'begging' would not have arisen.  

HOW THE UNIONS SHOULD PROCEED IN SUCH A SCENARIO ?  Even if the Bank Employees' (Pension) Regulations are not amended as proposed by the IBA, the lumpsum payment to different-periods of pensioners/family pensioners improvement should be such that like one-rank-one-pension.  MOST IMPORTANTLY, SECONDLY, it should be ENSURED THAT the implementation of the improvement in pension/familyl pension SHOULD BE SIMULTANEOUS TO implementation of BPS to the serving employees (otherwise, IBA/FinMin will take everyone for a ride as in the past). 

To view this discussion on the web visit https://groups.google.com/d/msgid/bankpensioner/CAM%3DeiW3nsoyQD5K0%2B5awMD%2BdLsRhgQNsQ5Wf94B9pb%3DPR73g%3DA%40mail.gmail.com.

[Chandrasekaran V]

From the speech of CHV, it is obvious that he is a reluctant negotiator for improvement/updation in Pension/Family Pension.  Luckily, FinMin has considered the plight of the family pensioners of bank employees and felt the need for improvement.

It appears that the Finance Ministry has been caught on the wrong foot by agreeing to RBI Employees demand for a 'systematic'/'well-defined' updation in pension.  One may wonder, why it is so ?  For, even in the Central Government Employees' (Pension) Rules, there is no provision for updation of pension BUT  the Government, in a gratuitous measure, HAS BEEN ISSUING 'EXECUTIVE ORDER' instead of 'amending' Pension Rules every time after implementation of Pay Commission Recommendations in respect of serving employees.   This is basically the reason for the IBA (read also FinMin) not agreeing for amendment to Bank Employees' (Pension) Regulations BUT offering payment of a certain lumpsum/some other formula for improvement in Pension & Family Pension.  The Bank Unions are guilty, yes guilty, in the previous settlement for not taking up the cause of pensioners/family pensioners in THE EARLIER SETTLEMENTS SIMULTANEOUSLY ; and, HAD THE unions pressed and achieved it, the burden would not have been much that the present situation of 'begging' would not have arisen.  

HOW THE UNIONS SHOULD PROCEED IN SUCH A SCENARIO ?  Even if the Bank Employees' (Pension) Regulations are not amended as proposed by the IBA, the lumpsum payment to different-periods of pensioners/family pensioners improvement should be such that like one-rank-one-pension.  MOST IMPORTANTLY, SECONDLY, it should be ENSURED THAT the implementation of the improvement in pension/familyl pension SHOULD BE SIMULTANEOUS TO implementation of BPS to the serving employees (otherwise, IBA/FinMin will take everyone for a ride as in the past). 

To view this discussion on the web visit https://groups.google.com/d/msgid/bankpensioner/CAMCbyDRU6Nz2sNqHicZtwRjj5w-c%3DCxWsb_KsdvmCz8Ndrb_mw%40mail.gmail.com.

[JSOMA SHEKARA]

The proposal of IBA is absurd. illogical and rubbish. it is definitely idea of a union to fool retirees.  Can bank improve pension without amending pension regulations?  Can banks pay such amount using Pension Funds which is not part of Pension regulations?  Banks can pay a fixed sum every month as a welfare scheme from the Staff welfare fund. Pensioners will have no rights on this and bank can withdraw it any time.Banks  do not have rights to enhance pension through administrative order. If they do so any of the aggrieved groups can approach court and bring stay or quash it.

Only recently SC  ordering SBI to sanction Pension to VRS optees of 2001 who completed 16 years of service has ruled that Chairman of SBI has no right to issue administrative orders declining pension to such VRS optees.

This is not idea of IBA but of some special brains who created RECORD NOTE.

It is fatal to accept such proposal.

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[JSOMA SHEKARA]

CHV explained all benefits in terms of Crores to defend their actions instead of percentage wise. DFS instead of directing Banks to start negotiations could have directed them to settle wage revision @15%. But to respect BPS system left negotiations to IBA and UFBU allowed to them sort out issues.

Now Both IBA and UFBU after 3 years have retained same wage hike percentage as that of last year. One  can understand problem of CHV as it is difficult for him to admit that wage hike is same as last BPS. So he is talking in terms of actual out go of  9000 crores and odd  to glorify achievement.

CHV should have also explained to retain same percentage of wage hike how many crores employees have lost during last 3 years by going on strike.

Even if we take per day salary as Rs.1000( beginning of the scale) for 10 days strike it will be Rs.10000 loss per employee.

For 10 lakh employees it will be total loss of Rs 1000 crores lost due to strikes.

In addition as arrears is paid after 36 months without interest there will be another 1000 crores loss by way of interest.

+ Levy on this amount.

Unions will not calculate this.

Rs2000 crores gain to banks and 400 crores gain to Unions.

On Wed, Mar 4, 2020 at 10:01 AM Chandrasekaran V <vchandras...@gmail.com> wrote:

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[Velayudhan Nair]

Something like a trade union bureaucracy dear JSji?

>>>> https://groups.google.com/d/msgid/bankpensioner/CAJZJa3r-wnC4XWZnhji88DkoqO0ON6-po0Z892TbAzHjU3bDXQ%40mail.gmail.com
>>>> <https://groups.google.com/d/msgid/bankpensioner/CAJZJa3r-wnC4XWZnhji88DkoqO0ON6-po0Z892TbAzHjU3bDXQ%40mail.gmail.com?utm_medium=email&utm_source=footer>
>>>> .

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[Satish Kumar Khanna]

CHV is reluctant to put up and press for the valid and reasonable demands of the retirees, it seems, he has some sort of understanding/agreement with the IBA executives for off the record compensation/payment, otherwise he would not be so reluctant in putting up the retirees demands.

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[Ramachandran Menon]

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