Thank you mr.C.N.Prasad for valuable suggestions and actual information regarding updation.
We fully agree with you.
There are 5 lakhs Bank pensioners who want some improvement in pension irrespective of formula. Pre 2002 retirees are well aware that even if the increase is just 100 Rs IBA will implement the same from future date. So they are not aiming for the moon but want some improvement early as very few years left in this world.. As pre 2002 retirees are aged above 70 they feel something is better than nothing. In fact, of late pensioners have forgotten even updating and are after improvement in Ex gratia. So if some pensioners are demanding RBI formula it will have no impact on IBA and UFBU as they never give importance to Pensioners opinions.
Forger RBI formula, UFBU has no formula at all for discussion, and are closing BPS meetings by saying sub judice though there is no stay on discussions by any court.
No formula required for Merging DA@8088 points. Why is UFBU not taking up this issue?.
Why were the minutes of March 8 2024 abandoned?
Mr.Prasad please forgive and excuse ignorant pensioners.
As you have good rapport with AIBEA gen sec Sri. Venkata Chalam
We request you to meet him in person and convince him to take up
Merger of DA@8088 points issue, Shifting of base year for DA calculation, improvement in ex gratia.
No formula is required for these demands, no court case is pending against these issues and cost is minimal. We once again request you to do the needful.
As there is no convenor of UFBU now it is inevitable that these issues are to be taken up with unions directly.
This is just a request.