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FOR INFORMATION OF THE MEMBERS OF BANK PENSIONERS
----------------------------------------------------------------
BANK PENSIONERS SHOULD NOT EXPECT REVISION/UPDATION OF PENSION SINCE THE PSU BANKS PENSION REGULATIONS
1995 HAVE NO SUCH PROVISION FOR REVISION/UPDATION OF THE PSU BANKS RETIREES PENSION. IN SPITE OF
SEVERAL COMMUNICATIONS TO THE UFBU LEADERS PARTICULARLY TO THE GENL.SECRETARY OF THE LARGEST UFBU
CONSTITUENT AIBEA WHICH CLAIMS TO BE THE CHAMPION FOR INTRODUCTION OF PENSION IN THE BANKS BY THIS BLOG
MEMBER URGING TO DEMAND FOR AMMENDMENT OF THE PSU BANKS PENSION REGULATIONS AFTER SEVERAL HIGH COURTS
REJECTED THE DEMAND FOR UPDATION OF PENSION ON THE GROUND THAT THERE WAS NO SUCH PROVISION FOR UPDATION
OF PENSION IN THE PENSION REGULATION WHICH WAS SIGNED BY THE UNIONS WITH THE IBA IN 1993 AND
IMPLEMENTED BY THE BANKS w.e.from 1995. FROM THE HIGH COURTS RULINGS IT IS CLEAR THAT UNLESS THERE IS
SPECIFIC REGULATION IN BLACK & WHITE FOR UPDATION OF PENSION THE BANKS ARE NOT BOUND TO ACCEDE THE
DEMAND FOR UPDATION OF PENSION. THE UFBU LEADERS PARTICULARLY THE AIBEA HAS DONE IMMENSE OF HARMS TO
THE PENSIONERS BY NOT DEMANDING FOR INCORPORATION OF THE PROVISION FOR UPDATION OF PENSION WHEN THEY
NEGOTIATED FOR INTRODUCTION OF PENSION WITH THE IBA. IT SEEMS THE AIBEA/UFBU LEADERS HAVE ENTERED INTO
SECRET UNDERSTANDINGS WITH THE BANK MANAGEMENTS-IBA FOR THEIR PERSONAL GAINS TO DUPE THE RETIREES IN
EVERY POSSIBLE WAY AND DUE TO THIS UNDERSTANDING WE THE RETIREES HAVE BEEN MADE FOOLS/DISCRIMINATED IN
MANY MATTERS viz.
1.THE RETIREES HAVE BEEN COMPELLED TO PAY EXHORBITANT MEDICAL INSURANCE PREMIUMS.
2.PRE 2002 RETIREES HAVE BEEN DEPRIVED OF PAYMENT OF 100% D.A. NUTRALISATION DUE TO OBJECTION BY THE
NEGOTIATING UFBU LEADERS.
3.THOUGH THE IBA INITIALLY AGREED TO REVISE/UPDATE PENSION BY APP.3 TO 4% OUT OF THE FINANCIAL PACKAGE
THE IBA OFFERED DURING Xth BIPARTITE AGREEMENT IN 2015 DUE TO THREATENINGS BY THE THEN AIBOA GENL.
SECRETARY THE IBA HAD TO WITHDRAW THE PROPOSAL. SURPRISINGLY THE AIBOA GENL.SECRETARY THREATENED THE
IBA NEGOTIATING TEAM "HOW COULD THE IBA PROPOSE TO UPDATE PENSION WHEN THERE IS NO PROVISION FOR
UPDATION OF PENSION IN THE PENSION REGULATIONS?"
4.DUE TO ONE OF THE UFBU CONSTITUENT NCBE'S OBJECTION THE BOB VRS OPTEES HAVE BEEN DENIED FROM JOINING
THE BOB WELFARE SCHEME OF CONTRIBUTORY MEDICAL ASSISTANCE SCHEME IN THE BOB.
LEADERS OF THE RETIREE ASSOCIATIONS MR.K.V.ACHARYA/RAMESH BABU OF CBPRO and MR.S.C.JAIN OF AIBRF ARE
ALSO AWARE OF THE UFBU LEADERS UNHOLY NEXUS WITH THE IBA-BANKS MANAGEMENTS AND HENCE THEY WILL NOT BE
VOCAL NOR THEY WILL EXPOSE THE UFBU LEADERS SUCH HEINOUS ACTIVITIES FOR THE RETIREE LEADERS PERSONAL
INTEREST.
Debasish Mukherjee,
Retiree- Bank of Baroda,
Member- Bankpensioner@Googlegroups.com
--
FOR INFORMATION OF THE MEMBERS OF BANK PENSIONERS
----------------------------------------------------------------
BANK PENSIONERS SHOULD NOT EXPECT REVISION/UPDATION OF PENSION SINCE THE PSU BANKS PENSION REGULATIONS
1995 HAVE NO SUCH PROVISION FOR REVISION/UPDATION OF THE PSU BANKS RETIREES PENSION. IN SPITE OF
SEVERAL COMMUNICATIONS TO THE UFBU LEADERS PARTICULARLY TO THE GENL.SECRETARY OF THE LARGEST UFBU
CONSTITUENT AIBEA WHICH CLAIMS TO BE THE CHAMPION FOR INTRODUCTION OF PENSION IN THE BANKS BY THIS BLOG
MEMBER URGING TO DEMAND FOR AMMENDMENT OF THE PSU BANKS PENSION REGULATIONS AFTER SEVERAL HIGH COURTS
REJECTED THE DEMAND FOR UPDATION OF PENSION ON THE GROUND THAT THERE WAS NO SUCH PROVISION FOR UPDATION
OF PENSION IN THE PENSION REGULATION WHICH WAS SIGNED BY THE UNIONS WITH THE IBA IN 1993 AND
IMPLEMENTED BY THE BANKS w.e.from 1995. FROM THE HIGH COURTS RULINGS IT IS CLEAR THAT UNLESS THERE IS
SPECIFIC REGULATION IN BLACK & WHITE FOR UPDATION OF PENSION THE BANKS ARE NOT BOUND TO ACCEDE THE
DEMAND FOR UPDATION OF PENSION. THE UFBU LEADERS PARTICULARLY THE AIBEA HAS DONE IMMENSE OF HARMS TO
THE PENSIONERS BY NOT DEMANDING FOR INCORPORATION OF THE PROVISION FOR UPDATION OF PENSION WHEN THEY
NEGOTIATED FOR INTRODUCTION OF PENSION WITH THE IBA. IT SEEMS THE AIBEA/UFBU LEADERS HAVE ENTERED INTO
SECRET UNDERSTANDINGS WITH THE BANK MANAGEMENTS-IBA FOR THEIR PERSONAL GAINS TO DUPE THE RETIREES IN
EVERY POSSIBLE WAY AND DUE TO THIS UNDERSTANDING WE THE RETIREES HAVE BEEN MADE FOOLS/DISCRIMINATED IN
MANY MATTERS viz.
1.THE RETIREES HAVE BEEN COMPELLED TO PAY EXHORBITANT MEDICAL INSURANCE PREMIUMS.
2.PRE 2002 RETIREES HAVE BEEN DEPRIVED OF PAYMENT OF 100% D.A. NUTRALISATION DUE TO OBJECTION BY THE
NEGOTIATING UFBU LEADERS.
3.THOUGH THE IBA INITIALLY AGREED TO REVISE/UPDATE PENSION BY APP.3 TO 4% OUT OF THE FINANCIAL PACKAGE
THE IBA OFFERED DURING Xth BIPARTITE AGREEMENT IN 2015 DUE TO THREATENINGS BY THE THEN AIBOA GENL.
SECRETARY THE IBA HAD TO WITHDRAW THE PROPOSAL. SURPRISINGLY THE AIBOA GENL.SECRETARY THREATENED THE
IBA NEGOTIATING TEAM "HOW COULD THE IBA PROPOSE TO UPDATE PENSION WHEN THERE IS NO PROVISION FOR
UPDATION OF PENSION IN THE PENSION REGULATIONS?"
4.DUE TO ONE OF THE UFBU CONSTITUENT NCBE'S OBJECTION THE BOB VRS OPTEES HAVE BEEN DENIED FROM JOINING
THE BOB WELFARE SCHEME OF CONTRIBUTORY MEDICAL ASSISTANCE SCHEME IN THE BOB.
LEADERS OF THE RETIREE ASSOCIATIONS MR.K.V.ACHARYA/RAMESH BABU OF CBPRO and MR.S.C.JAIN OF AIBRF ARE
ALSO AWARE OF THE UFBU LEADERS UNHOLY NEXUS WITH THE IBA-BANKS MANAGEMENTS AND HENCE THEY WILL NOT BE
VOCAL NOR THEY WILL EXPOSE THE UFBU LEADERS SUCH HEINOUS ACTIVITIES FOR THE RETIREE LEADERS PERSONAL
INTEREST.
Debasish Mukherjee,
Retiree- Bank of Baroda,
Member- Bankpensioner@Googlegroups.com
--
2 comments:
YES,Mr debasshis mukherjee,there is aclause of updation of pension on regular basis in the PENSION SETTLEMENT REGULATION SIGNED ON 29-10-1993. THIS regulation later came to be known as BANK EMPLOYEES PENSION REGULATION,1995. THIS BANK EMPLOYEES PENSION REGULATION,1995 was issued by IBA,an unregistered body,UNILATERALLY.It is unfortunate for us that the puppet and stooges. so called, UFBU did nottake cognisance of it due to their own interests.THE BANK EMPLOYEES PENSION REGULATION,1995, as we see today is part of the settlement dated 29-10-1993.
IN this regard Mr S.RAMCHANDRAN,ex-GM,BANK OF BARODA senT a representation to the chief justice of India in 2015 along with signatures of other retirees and that was duely acknowledged by the supreme court of india as PIL and alloted a DIARY NO..38961 DATED 19-09-2016.Result is yet to come.If all the retiree bankers work together with this PIL alonng with Mr S RAMCHANDRAN,EX-GM,BOB ,I think "WE SHALL OVERCOME"....RANAJIT1955@GMAIL.COM
Request our respected leaders to make the things CRYSTAL CLEAR. So that we can have hopes of updation or else die with this megre pension as so many have done. ����. May God give justice to us.
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