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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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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

Why Many Bank Staff Hate or Dislike or Are Anmoyed with Their Union Leaders

Why Many Bank Staff Hate or Dislike or Are Anmoyed with Their Union Leaders

One of retirees from bank has expressed why bank staff are annoyed with their union leaders. I am just submitting it below to know the views of others. All bank staff has to retire a day , hence reasons of annoyance  with union leaders are same for all bank staff  --either working oŕ retired.

Friends,
why bank staff get annoyed on their union leaders ?

1. Because our leaders never cared for exclusion of clause in the final penduon regulation draft 1995  that the pension scheme agreed with the unions was on the pattern of schemes of RBI and central government.

2. Because they did not object inclusion of clause 22(4) which obstructed majority of employees from opting pension scheme.

3. Because after being directed by the IBA, the clause 22(4) was deleted in 1996 by the banks but unions  did not ensured thst the option  be given to the remaining  employees.

4. Because , the employees were offered second option in 2012 with the condition to return 156% of the CPF and pension to be paid wef 25.11.2009 instead of from the date of retirement in violation of terms of pension regulation 1995.

5. Because the unions never took seriously the issue of updating of pension whereas it us being regularly revised in case employees of central government

6. Because it was never cared by then to raise the percentage of family pension to 30%.

7 Because the leaders were  never vigilant on the calculation of gratuity due to misinterpretation of certain terms in the gratuity act and did not took up the issue with the banks even after it was directed by DLC hyderabad, Ranchi, Silchar and  by Hob'ble High Court of Jabalpur

8. Because they conspired with banks to offload their liability of health care of retirees and put them in a very difficulty situation by agreeing for continuous hike of premium for the consecutive four years which is out of  the reach of pensioners as it disproportionate to their meagre pension.

9. Because , the unions could not even succeed for getting some subsidy on premium for retirees of all banks.

10 . Because the unions could not ensure the similar date of payment of enhancement of gratuity limit since 1.1.2006 and such discrimination is continued till  in the of case 1.1.2016 .

11. Because the unions made an unprecedented tradition of creating another special allowance in 10th BPS  which was not to be counted for pension and gratuity and retirees suffered reduction in pension and gratuity amount.

12. Because, the leaders indulged in ego fight for leadership and sacrificed the retirees interest who gave them the respect  and support throughout their service period but leaders cheated and  misutilised the union funds contributed by retirees.

13 . Because the unions agreed to sign the 10th BPS document in which a suicidal clause was inserted narrating that they could not negotiate on retirees issues as they had no contractual agreement with the retirees.

14.  Because the unions failed for merger of 100% DA in case if retirees of the period between 1998 to 2005 only due to their inner fight.

15. Because they never raised voice against introduction of National  pension scheme which has no surity of the pension amount.

16. Because they never cared for the future of employees who joined after 2010 without pension .

17. Because they never bothered  to resolve hundreds of retirees issues of the individual retirees who  had to contest in the courts for years in their old age.

18.Because they always failed to sign the BPSs within a reasonable period probable with intention to collect more levy

19. Because the unions could not succeed in getting a respectful increase in the last  five BPSs and the bank employees are now at the lowest .

20. Because, the unions failed to check the introduction of cross selling in banks which spoiled the traditional business of banking and made the officers corrupt and greedy.

21. Because they failed to oppose the campaign of government to disrepute the bank employees holding them responsible for increasing NPA and low performance of banks making grounds  privatisation.

22. Because they have failed to check merger of banks which causes humiliation of bank employees .
ENDLESD REASONS TO  ANNOYANCE AND ANGUISH
Bhateja

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