To all bank pensioners: The pension corpus fund is available to us and not applicable to new recruties joined on or after 01/04/2010. . So the employees joined prior to 01/04/2010 are only covered by pension regulations of 1993 that available to us now. Balance in pension corpus fund available is for disbursal to employees joined prior to 01/04/2010.The employees joined prior to 01/04/2010 are contributing to this fund monthly till the the their retirement. The fund balance is
enough to take care of the pension ,Family pension, and pension updation from time to time. The present balance is around 200000(Two lakh crore) which I feel can take care of pension updation . However the Indian Banks association is denying the pension updation and adamant in bipartite talks and blocking the same to retirees. The reason offerred by them is that they donot have the mandate from banks which is a pure lie .Another explanation being given is that they have called for the calculations from banks. This reason is offerred in last few bipartite talks.In tenth bipartite they got signed a Record Note . where in they termed the retirees have no connection with the banks Another blatant lie.Evewn the Honourable suppreme court has opined that pension benefits are not a bounty (gift) but deffered wages to retirees. It is the Indian Banks association is going to courts with writ petitions an hence it is being dragged on years together. And gthe bank pensioners can not afford to go to courts since huge costs are involved. As such I have preferred a petition in change .org website where no costs are involved they have software wherein the petitions are delivered to the complainant on daily basis as and when signed . And only requirement is one should have emali ID. So bank pensioners this is a costless step and very easy also.So instead of going to courts where the cost involved is huge. Please make use of this facility and sign this petition . Today we learn that bipartite meeting is fixed for 15th november 2019 at Mumbai. This may tkae a week and we have at our disposal around 15 days for signing the petition. More the number of signatures the result will be effective and positive. So bank pensioners please see that maximum people sign aned make this effort a success. with heafrtfelt regards.M.Kamalaksha kini
enough to take care of the pension ,Family pension, and pension updation from time to time. The present balance is around 200000(Two lakh crore) which I feel can take care of pension updation . However the Indian Banks association is denying the pension updation and adamant in bipartite talks and blocking the same to retirees. The reason offerred by them is that they donot have the mandate from banks which is a pure lie .Another explanation being given is that they have called for the calculations from banks. This reason is offerred in last few bipartite talks.In tenth bipartite they got signed a Record Note . where in they termed the retirees have no connection with the banks Another blatant lie.Evewn the Honourable suppreme court has opined that pension benefits are not a bounty (gift) but deffered wages to retirees. It is the Indian Banks association is going to courts with writ petitions an hence it is being dragged on years together. And gthe bank pensioners can not afford to go to courts since huge costs are involved. As such I have preferred a petition in change .org website where no costs are involved they have software wherein the petitions are delivered to the complainant on daily basis as and when signed . And only requirement is one should have emali ID. So bank pensioners this is a costless step and very easy also.So instead of going to courts where the cost involved is huge. Please make use of this facility and sign this petition . Today we learn that bipartite meeting is fixed for 15th november 2019 at Mumbai. This may tkae a week and we have at our disposal around 15 days for signing the petition. More the number of signatures the result will be effective and positive. So bank pensioners please see that maximum people sign aned make this effort a success. with heafrtfelt regards.M.Kamalaksha kini
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