It seems to be an exercise in vain. What relief the retirees are going to get from the CLC ?
Instead of seeking alternatives to the IBA policy, our leaders are beating about the bush .
When SBI can formulate a much cheaper and much beneficial policy for its retirees, what
is preventing the other PSU Banks for following suit ?
The Retiree unions are equally to blame when the meekly submit to the IBA policy and also
advocate its virtues to their members. They continue in slumber till the onset of renewal time
and then pretend as if they were helpless and had no other alternative than to accept the IBA policy
with manifold increased premium. Strange enough. Isn't it ?