PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:
Srinivasa Murti Devulapalli
Dear friends,
PLIGHT OF THE BANK RETIREES.....
WE ARE DRIVEN TO THE WALL:
IBA/UFBU and its constituents have their own agendas of mutual interest which are far more important than the wage revision.
Their concentration , as it appears to me ,is only to work out , as to how best to undo/delay the process of restructuring the rest
of the banks?.. which is certain to figure as one of the main items of the management's agenda during the ensuing wage revision
exercise... They are not so much bothered about wage revision .... and much in particular the burning problems of the retirees ,
as has already been documented clearly in their "Magna Carta" viz. Record Note .
In this process, they are scratching each other’s back to fool all of us. For instance to quote a few-
- By mere administrative orders, IBA has been , on several instances over ruled by passed the provisions/clauses of the settlements made under ID act
depriving a section of the retirees of their legitimate claims. Obviously, with the “tacit approval” of the UFBU, that goes without saying
- Transparency in the management of pension accounts:
* Are bank managements crediting their matching contributions towards
the Pension corpus on monthly basis as is being done for the serving
employees...?while disbursing their monthly salaries? –
* Whether the loss of interest to the Pension Funds for retirees due to
the amortisation of Pension cost of banks over 5 years in the IXth BPS, is
made good ? else, Is it not an act of --misappropriation at the corporate
level ? -- though it has the stamp of ratification by RBI ??...Supposing,
If the same were to be indulged by any erring employee for his/her
misconduct in a stray /isolated instance, he/she would have been sacked
from service mercilessly as per the service conditions ! - Even for a paltry
amount of involvement ! That being the case , Can the representatives of
the unions on the respective pension trust boards plead for their
“estoppels” from being guilty on the above logic?
We are forced to necessarily bank upon the time-consuming legal recourse which needs to be expedited simultaneously
together with other organisational efforts like dharnas, CLC meetings, etc. In this regard, the pains-taking efforts of the
leadership of AIBRF are indeed Laudable. In this process, I can just imagine their plight in encountering a few instances
of humiliating /frustrating experiences – be it with IBA or UFBU -- just for the sake of the lamenting lot of the fraternity of
bank pensioners.
If you try to look at the past, Only the PCR Recommendations brought a sea change in the service conditions of the Bank Officers.
This is besides many other committees constituted by the Governments in the past resulted to bring improvisations in the
service conditions of the bank employees at large in the form of various “awards “ over a period of time. Let us not, therefore,
lose sight of these historical facts.
IN THE BACKDROP OF THE ABOVE SCENARIO........Under the given circumstances, time has come for us- we the retirees, to
urge the Government to set up a---
"Banking Pay Commission" - the only ultimate recourse, for all of us- as we do will have, a "statutory body of authenticity" to whom
we can represent for the redress of our legitimate grievances directly through our organisation/s with dignity and decorum.
Thus we can as well eliminate the “proxies” to further "beg" on our behalf, inasmuch as, "collective begging" has replaced the
"collective bargaining" at the Industry level long ago.
I do not feel shy to say
so......Let us, therefore, try to think down to earth!
With fervent appeal to one and all to raise to the situation and act......
WE ARE DRIVEN TO THE WALL... NO OTHER RECOURSE BUTO TO BOUNCE BACK WITH
REVERBERATION.......
With regards and greetings, I remain.....
D S MURTI: (SYNDICATE BANK –RETIREE-PRE-2002) RAMAVARAPPADU (PO):VIJAYAWDA 521108
MARCH 16, 2017 devulapa...@gmail.com 9989318300 / 0866-2843298
Nagaraju Kakani
--
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Subrata Dasgupta
Thanks for nicely placed views except abusing UFBU and praising AIBRF. In fact, all the retirees organisations are sincerely trying their best but their is no way out to force the Govt. and IBA to consider the demands of retirees. Both Serving and retirees organisations may think over your suggestion for Banking Pay Commission. It will probably be beneficial for both the serving employees and retirees. .... Subrata Dasgupta.
Sent: Thursday, March 16, 2017 9:20 AM
To: bankpe...@googlegroups.com
Subject: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:
Visit our blog site http:://bankpensioner.blogspot.com
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Srinivasa Murti Devulapalli
https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission?recruiter=20599606&utm_source=share_petition&utm_medium=email&utm_campaign=share_email_responsive
With greetings and Regards
From: Subrata Dasgupta <subrata...@live.com>
Date: 16 March 2017 at 18:53
Subject: Re: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Thanks for nicely placed views except abusing UFBU and praising AIBRF. In fact, all the retirees organisations are sincerely trying their best but their is no way out to force the Govt. and IBA to consider the demands of retirees. Both Serving and retirees organisations may think over your suggestion for Banking Pay Commission. It will probably be beneficial for both the serving employees and retirees. .... Subrata Dasgupta.
Visit our blog site http:://bankpensioner.blogspot.com
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Velayudhan Nair
From: Srinivasa Murti Devulapalli <devulapa...@gmail.com>
Date: Fri, 17 Mar 2017 20:53:13 +0530
Subject: Fwd: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE
DRIVEN TO THE WALL:
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
*Dear friends,*
*I have drafted an appeal to the Prime Minister of India, on the above
details:https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission?recruiter=20599606&utm_source=share_petition&utm_medium=email&utm_campaign=share_email_responsive
*Those who concur with my views, are welcome to contribute their
signatures.With greetings and Regards *
---------- Forwarded message ----------
From: Subrata Dasgupta <subrata...@live.com>
Date: 16 March 2017 at 18:53
Subject: Re: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN
TO THE WALL:
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Thanks for nicely placed views except abusing UFBU and praising AIBRF. In
fact, all the retirees organisations are sincerely trying their best but
their is no way out to force the Govt. and IBA to consider the demands of
retirees. Both Serving and retirees organisations may think over your
suggestion for Banking Pay Commission. It will probably be beneficial for
both the serving employees and retirees. .... Subrata Dasgupta.
*From:* bankpe...@googlegroups.com <bankpe...@googlegroups.com> on
*To:* bankpe...@googlegroups.com
*Subject:* bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO
[image: Inline images 1]
*PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:*
*IBA/UFBU and its constituents have their own agendas of mutual interest
which are far more important **than the wage revision. *
*Their concentration , as it appears to me ,**is only to work out , as to
how best to undo/delay the process of restructuring the rest *
*of the banks?.. **which is certain to figure as one of the **main items of
the management's agenda during the ensuing wage revision *
*exercise... **They are not so much bothered about wage revision .... **and
much in particular the burning problems of the retirees ,*
*as has already **been documented clearly in their "Magna Carta" viz.
Record Note .*
*In this process, they are scratching each other’s back to fool all of us.
For instance to quote a few-*
*- By mere administrative orders, IBA has been , on several instances
* depriving a section of the retirees of their legitimate
*- Transparency in the management of pension accounts: *
* * Are bank managements crediting their matching contributions
towards*
* the Pension corpus on monthly basis as is being done for the
serving*
* employees...?while disbursing their monthly salaries? – *
* * Whether the loss of interest to the Pension Funds for retirees due
to*
* the amortisation of Pension cost of banks over 5 years in the
IXth BPS, is*
* made good ? else, Is it not an act of --misappropriation at the
corporate*
* level ? -- though it has the stamp of ratification by RBI
??...Supposing,*
* If the same were to be indulged by any erring employee for
his/her*
* misconduct in a stray /isolated instance, he/she would have been
sacked*
* from service mercilessly as per the service conditions ! - Even
for a paltry*
* amount of involvement ! That being the case , Can the
representatives of*
* the unions on the respective pension trust boards plead for
their*
* “estoppels” from being guilty on the above logic?*
*We are forced to necessarily bank upon the time-consuming legal recourse
which needs to be expedited simultaneously *
*together with other organisational efforts like dharnas, CLC meetings,
etc. In this regard, the pains-taking efforts of the *
*leadership of AIBRF are indeed Laudable. In this process, I can just
imagine their plight in encountering a few instances *
*of humiliating /frustrating experiences – be it with IBA or UFBU -- just
for the sake of the lamenting lot of the fraternity of *
*bank pensioners.*
*If you try to look at the past, Only the PCR Recommendations brought a sea
change in the service conditions of the Bank Officers. *
*This is besides many other committees constituted by the Governments in
the past resulted to bring improvisations in the *
*service conditions **of the bank employees at large in the form of
various “awards “ over a period of time. Let us not, therefore, *
*lose sight of these historical facts. *
*IN THE BACKDROP OF THE ABOVE SCENARIO........Under the given
circumstances, time has come for us- we the retirees, **to *
*urge **the **Government to set up a---*
*"Banking Pay Commission" - the only ultimate recourse, for all of us- as
we do will have, a "statutory body of authenticity" to whom *
*we can represent **for the redress of our legitimate grievances directly
through our organisation/s with dignity and decorum.*
*Thus we can as well eliminate the **“proxies” to further "beg" on our
behalf, inasmuch as, "collective begging" has replaced the *
*"collective bargaining" at the Industry level long ago. *
*I do not feel shy to say so......Let us, therefore, try to think down to
earth! *
* With fervent appeal to one and all to raise to the situation and
*With regards and greetings, I remain.....*
*D S MURTI: (SYNDICATE BANK –RETIREE-PRE-2002) RAMAVARAPPADU
(PO):VIJAYAWDA 521108*
*MARCH 16, 2017 **devulapa...@gmail.com* <devulapa...@gmail.com>*
9989318300 / 0866-2843298*
--
*d s murti *
--
Visit our blog site http:://bankpensioner.blogspot.com
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Kamal Kant
Signed 
Dear friends,I have drafted an appeal to the Prime Minister of India, on the above issues . Please click the following link for the details:
https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission?recruiter=20599606&utm_source=share_petition&utm_medium=email&utm_campaign=share_email_responsive
Those who concur with my views, are welcome to contribute their signatures.
With greetings and Regards
---------- Forwarded message ----------
From: Subrata Dasgupta <subrata...@live.com>
Date: 16 March 2017 at 18:53
Subject: Re: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:
To: "bankpensioner@googlegroups.com" <bankpensioner@googlegroups.com>
Thanks for nicely placed views except abusing UFBU and praising AIBRF. In fact, all the retirees organisations are sincerely trying their best but their is no way out to force the Govt. and IBA to consider the demands of retirees. Both Serving and retirees organisations may think over your suggestion for Banking Pay Commission. It will probably be beneficial for both the serving employees and retirees. .... Subrata Dasgupta.
From: bankpe...@googlegroups.com <bankpe...@googlegroups.com> on behalf of Srinivasa Murti Devulapalli <devulapa...@gmail.com>
--d s murti
venkatesh muttur
Dear friends,I have drafted an appeal to the Prime Minister of India, on the above issues . Please click the following link for the details:
https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission?recruiter=20599606&utm_source=share_petition&utm_medium=email&utm_campaign=share_email_responsive
Those who concur with my views, are welcome to contribute their signatures.
With greetings and Regards
---------- Forwarded message ----------
From: Subrata Dasgupta <subrata...@live.com>
Date: 16 March 2017 at 18:53
Subject: Re: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:
To: "bankpensioner@googlegroups.com" <bankpensioner@googlegroups.com>
Thanks for nicely placed views except abusing UFBU and praising AIBRF. In fact, all the retirees organisations are sincerely trying their best but their is no way out to force the Govt. and IBA to consider the demands of retirees. Both Serving and retirees organisations may think over your suggestion for Banking Pay Commission. It will probably be beneficial for both the serving employees and retirees. .... Subrata Dasgupta.
From: bankpe...@googlegroups.com <bankpe...@googlegroups.com> on behalf of Srinivasa Murti Devulapalli <devulapa...@gmail.com>
--d s murti
Ramesh Kamath
I have signed your presently much needed petition to address the bank pensioners issues.
Thanks for your efforts to mobilize support on the subject matter.
Wishing all efforts are rewarded with required solutions.
Regards.
Ramesh V.Kamath.
Retired from Andhra Bank
Kalyan, Mumbai.
From: Srinivasa Murti Devulapalli <devulapa...@gmail.com>
Sent: Sat, 18 Mar 2017 09:34:47
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Subject: Fwd: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:
https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission?recruiter=20599606&utm_source=share_petition&utm_medium=email&utm_campaign=share_email_responsive
With greetings and Regards
From: Subrata Dasgupta <subrata...@live.com>
Date: 16 March 2017 at 18:53
Subject: Re: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Thanks for nicely placed views except abusing UFBU and praising AIBRF. In fact, all the retirees organisations are sincerely trying their best but their is no way out to force the Govt. and IBA to consider the demands of retirees. Both Serving and retirees organisations may think over your suggestion for Banking Pay Commission. It will probably be beneficial for both the serving employees and retirees. .... Subrata Dasgupta.
venkatesh muttur
JSOMA SHEKARA
bhaskara sarma
Gopalakrishnan V
Gandhari, G. (Gopal)
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JSOMA SHEKARA
Thanks for taking the lead, greatly appreciated.
I have sent the e-signed appear.
Kind Regards
Gopal Rao Gandhari
From: bankpe...@googlegroups.com [mailto:bankpensioner@googlegroups.com] On Behalf Of Srinivasa Murti Devulapalli
Sent: 17 March 2017 05:23 PM
To: bankpe...@googlegroups.com
Subject: Fwd: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:
Dear friends,
I have drafted an appeal to the Prime Minister of India, on the above issues . Please click the following link for the details:
https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission?recruiter=20599606&utm_source=share_petition&utm_medium=email&utm_campaign=share_email_responsive
Those who concur with my views, are welcome to contribute their signatures.
With greetings and Regards
---------- Forwarded message ----------
From: Subrata Dasgupta <subrata...@live.com>
Date: 16 March 2017 at 18:53
Subject: Re: bankpensioner PLIGHT OF THE BANK RETIREES..... WE ARE DRIVEN TO THE WALL:
To: "bankpensioner@googlegroups.com" <bankpensioner@googlegroups.com>
Thanks for nicely placed views except abusing UFBU and praising AIBRF. In fact, all the retirees organisations are sincerely trying their best but their is no way out to force the Govt. and IBA to consider the demands of retirees. Both Serving and retirees organisations may think over your suggestion for Banking Pay Commission. It will probably be beneficial for both the serving employees and retirees. .... Subrata Dasgupta.
--
Visit our blog site http:://bankpensioner.blogspot.com
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--
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--
d s murti
--
Visit our blog site http:://bankpensioner.blogspot.com
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JSOMA SHEKARA
--
d s murti