Medical facilities to the retired employees in different Banks

[vvns varaprasadrao]

Dear friends,

 

In Andhra Bank, reimbursement of hospitalisation expenses to the  employees retired on superannuation is in force from 26/11/2001 for major ailments only such as By-pass surgery, Angioplasty, kidney transplantation, surgery relating to cancer,Brain,Lungs and orthopedic surgery (Multiple injuries) subject to a maximum of Rs.2.50 lakhs to the retired employee and Rs.1.50 lakhs to the spouse of the employee.

 

The retired employee has to bear 10% of the total expenditure as his margin.

 

The scheme will not cover those retired under VRS. 

 

With regars,

Varaprasad

Andhra Bank pensioner.

[Hema Prakash D]

Dear Friends,

While coming to the point of  Medical Reimbursement agreement by the Unions with Andhra Bank, the then unions who signed this agreement forgotten to get the coverage to voluntary retired staff also who were in major number in the year 2001.  The Management/ Unions should know that the voluntarily retired staff also contributed much to the Banks growth and also their stake is there to SOCIAL SECURITY FUND of the bank. Likely accumulated fund given this coverage only  to the superannuation retirees but not to voluntarily retired. It is very pathetic and also surprise that this coverage point to all is not taken up strictly by the then Union leaders while signing the agreement with the Management.  They thought at that time,  let first sign the agreement like this, and later bank can extend it to all retirees.   But what happened.  After a lapse of nearly 10 years also, the scheme is not extended to Voluntarily retired people. The poor and innocent Voluntary retired staff opted the voluntary retirement only opted for VRS by the option given by the Managements. The Banks are more benefited than these op tees. It is better the Union leaders of the existing working force should take up these type pending anomalies and issues to do a favor their Senior brothers.

During 9th Bipartite, second option to pension approved by IBA and signed by unions, as it is applicable  with retrospective effect, but only applicable to some period i.e, up to 2005 year only, leaving the previous retired people to the sky. Why it is not applicable from 1993, and 100% D.A neutralisation and other benefits from 1993 the pension option declared year . In my view the P.F. op tees continued up to second pension option, and then switched to pension scheme got more benefits than the pensioners who opted in 1993 the year the scheme is introduced in the banking industry.  In my view there is no realistic evaluation done earlier and now also to the pensioners, who opted to pension in the beginning of scheme in 1993. No proper exercise is not yet being done in the matter for erasing anomalies.  There are so many anomalies in the pension rules.   Not only in same bank, but also in other Nationalised Banks.  In State Bank of India there is a different pension rules/policies, and its subsidiaries there are another policies.  In Banking industry in India anomalies are more in pension and Medical reimbursement. Rules are framed and implemented with more disparities and when compared to other government retired employees rules. State Government/Central Government/Military the pension rules, D.A. and others are some what similar where in the case of Banking Industry totally different rules because the pension scheme is lately introduced in Banking Industry. 
So I am posing a questions to all when these anomalies in Banking Industry can be sorted out and will be solved.  In my view  QUESTION IS  more powerful than silent

My sincere appeal to all the retirees is that there should be unity among all the retirees, and no groups. It is always  better that the existing workforce unions should fight with the Management/IBA for getting the benefits from now  to all equally including  all retired earlier. They should extend their strong hands for the salvation of anomalies of retired staff.  The working people one day or other day, are joining with retired group. So any benefit is achieved when they working it should be extended to all i.e, existing and also earlier retired in any type of  retirement.

Please contribute your valuable suggestions, experiences, thoughts, views and more for en lighting others.

With Regards

D Hema Prakash,
Andhra Bank Retired pensioner (VRS)


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[pady nabs]

Question has to be raised, while granting 2ndoptrion  option pension, 156percent of employers contribution was recovered from every 2nd pension optee.   If such is the case why not they extend medical facility/medical care to those poor svrs people.  God alone has to give them good direction to treat all retireed ;employees equally as a matter of extending welfare schemes.All must write individually as well collectively write to concerned authorities to render equal justice to all retireemployees without dividing them. padmanabhan,i.b.svrs. --- On Sun, 4/3/12, Hema Prakash D <hema...@gmail.com> wrote: