In the melee of heated discussion and barb in the matter of pension updation now going on, the matter relating to Medical Insurance seems to have been left on the way side.
It has now become amply clear that updation if at all fructifies will be a long drawn process
.Meanwhile would it not be prudent to pursue the matter of Medical Insurance which is more relatively achievable?
Already 2 months of the current cover has already been over .In another 3/4 months IBA will start negotiation for period 2023/2024
In the matter of Medi insurance DFS has long time back advised banks to pay premium of retired employees from out of welfare Fund
Each Bank adopts its own way of assistance to retired employees at the time of premium collection/payment more as a matter publicity and display of triumph of one over other.
It is evident that Each Bank has enough in welfare fund to cover the entire premium outgo for retired. It is the question of outlook. Is it inconceivable for Banks to tighten up expenses in the fund not so essential for the sake of suffering yesteryear employees?
Pension structure is uniform for all Banks
Medi Insurance premium is uniform for all Banks
Why then disparity in disbursement for Medi Insurance from welfare FUND from each Bank?
Retirees Association/IBA/ DFS please ponder over to give breather to retirees.
Possibility of covering Bank Pensioners under CGHS by collecting nominal premium may also be explored
TXS
C V Narayanan
.