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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Sunday, October 28, 2018

Retirees Make Appeal To PM Mr. NARENDRA MODI

Retirees Make Appeal To PM Mr. NARENDRA MODI

Appeal  to Prime Minister to be sent by maximum number by new members of ALL INDIA BANK RETIREES ACTION FORUM  within 30 October  2018 ( If required with suitable amendment)

To
 The Honourable Prime Minister of India,              Date                       
                                                                                                          Government of India,
 South Block,
 New Delhi - 110001

Respected ModiJi
I am glad that under your dynamic and able leadership the country is moving in forward direction inspite of huge problems piled for many years without any solution by previous  government .The exchequer has been paying hefty salary and pension even to the employees like teaching and non-teaching staff of all educational institutions like schools and colleges owned even by private individuals,  though they are not the employees of the government.

But the employees of nationalized banks owned by government, who translate all your economic policies by cracking their bones from dawn to dusk and beyond and on holidays too, are paid least salary much below what is paid to other government employees. The cardinal truth that retirees are the backbone of the industry and implement policies like Jan Dhan Yojana, Mudra loans and even bank retirees have involved themselves in active support  during demonetization which is now severely criticized  by politicians in opposition. Our grievances of pension updation and  revision of family pension, ignored for last 25 years. Now bank retirees are shown  the doors of court by  IBA with their irresponsible communication with no hope for solution.

You may be misguided by your secretaries and IBA stating that the health of the banks will be affected if pension in banks is updated like  government employees.   When civil pension is out of the exchequer and causes expenditure to the government, pension in banks is out of the Pension Funds, which is the money and property of the employees, and causes zero expenditure to the banks or to the government.    The Pension Funds of all banks are having annual growth which can foot three to four times the present pension to all their pensioners yet a fair deal in pension is denied to them due to lack of will.
I earnestly make a fervent appeal to you to look into the matter expeditiously and be please to do right to the bank retirees who are now placed in cross roads without updating of pension.
Thanking You,

Yours respectfully,

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