UFBU oppose ADHOC payment -pensioner forum welcome it what is this????

Sister Nirmala Sitharaman,
Hon'ble Finance Minister,
GOI,
New Delhi

Respected Sister,

'मोदी हैं तो मुमकिन है': First time in the history of Banking, an 'ad-hoc' payment of one month's salary is paid against arrear of pay rise. Thanks for considering the request made in our letter dated 20.9.2019.

In our letter we urged 10% interim payment from Oct., 2019 pending settlement. IBA released one month's pay, which is equal to last 10 months.

Good gesture, indeed at a very opportune time when banking is passing through very fluid situation in HR side. To strengthen this spirit, we reiterate our request as made in our letter referred to above to please advise IBA to release 10% as interim relelief from Oct.2019 every month subject to adjustment on final settlement. This will be like a cool breeze over a hot situation prevailing in banking.

This will be a halfway approach, if Bank Pensioners, languishing for Pension Revision for over 3 decades and facing financial difficulties, plights are ignored. They are entitled to Revision at par with RBI Pension Revision, granted by you.

Please, therefore, give a generous thought and human touch to these suffering 5 lakh aging, ailing and dying species who toiled their hard to bring banking at this height. Please advise IBA to direct it's member banks to release 10% as adhoc increase in Pension from October, 2019 pending final adjustment on settlement. If one month's pension is released in advance, it will really be a great boon in this festivity season. It will create a new human bondage between government and Bank Pensioners.

Awaiting your kind decision in these regards.

Regards,

(J. N. Shukla)
National Convenor,
Forum of Bank Pensioner Activists
Prayagraj

1.10 2019/ jagat.n.shukla@gmail.com