What is wrong in asking IBA to discuss retirees issues with retirees organisations?There is no platform for retirees/pensioners right now to talk with IBA.
On other side, can we negotiate directly with Govt of India on our pension or revision of pension ? Are we getting pension directly from GOI now?
Please don't forget the fact that bank retirees are receiving monthly pension as per Bank Employees Pension Regulations,1995.derived from Memorandum of Settlement 1993 signed between serving employees' Unions and IBA.
All post retiral benefits including revision of DR half yearly are also discussed and settled along with wage revision once in five years through Bipartite Settlements /Joint Notes signed between IBA and Bank Unions(UFBU).
Since 1966,this process in in force replacing earlier tribunal awards like the Shastri and Desai Awards up to the last 12th BPS/8th Joint Note.Such settlements have statutory force and they are enforceable, and violations can be challenged in labour courts/tribunals.Every bipartite settlement is formally signed under Section 2(p) and Section 18(1) of the Industrial Disputes Act, 1947, read with Rule 58 of the Industrial Disputes (Central) Rules, 1957.
Under Section 18(1) of the ID Act, a settlement arrived at by agreement between the employer(s) and workmen is binding on the parties to the agreement (i.e., the signatory banks and the represented workmen/officers).
Thus,it is a legally recognised and binding collective bargaining mechanism, not merely a voluntary agreement.
DFS/GOI give their 'No Objection' on these matters and may not interfere directly in such negotiations.
As long as there is an established system, legally binding we may have to go in tune with such negotiations and subsequent settlements/Joint Notes which are signed by IBA and Unions.
Naturally seeking a platform to discuss retirees issues with IBA and Unions by retirees organisation is part of existing system and often reminded us by MOF. And also remember that we are not direct employees of GOI.
Whether to go through a legal process now, by Retiree organisation to secure a platform is a matter for debate.
Regards
Mohan.P