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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, November 17, 2019

Wake up call for Comrade CHV













Friends ., my all readers this article I jyst forwarded here


15.11.2019


To,

All constituents of UFBU

Dear Mr. CH Vanktachalam,

Subject:        Wake up call for Comrade CHV: You are still GS of AIEBA: Talk like AIEBA: Maintain dignity of Five alphabets: There are just three alphabets in IBA:  Keep intact A & E with your union: Don’t delete A & E: Otherwise, you will have just three Alphabets IBA 

There is big difference between allegations and realities. Acceptance is the ability to unconditionally value the realities. Practice radical honesty, admit your own mistakes, own your outcomes, don’t let fear get in your way, Count on your competencies.

Being GS of AIBEA is a big opportunity but please try to be a union leader and not a business man. Please act in the interest of the employees/retirees and avoid using your energy in actions detrimental to the interest of its own members (old retirees & Employees getting retired during the next 1-20 years). 

Members have given mandate to CHV to redress their grievances but they never  gave any mandate to make public statements that the banks are not having sufficient level of pension funds for meeting the cost of revision of pension. Try to put yourself in the shoes of those old & poor retirees, who are getting meager pension of just Rs. 10,000/- to Rs. 15,000/- per month, which is not sufficient to take care of two times meals for elderly couples and Alas !!!!!!, some of them can afford only one time meal.

God has bestowed upon you all the luxuries of life but HE also provided you a heart, which is a place for kindness but your heart sounds to become emotionless & detached. All old & poor retirees can’t afford to have medical treatment, as your inaction has closed doors for them to obtain Medical insurance Policy. There have never been any efforts to seek welfare funds of banks for such old poor retirees & you have left them to die in this era of every increasing deceases & ailments.

DFS vide their letter dated 24.02.2012 provided an opportunity for the benefits of  the poor & old  retirees for obtaining medical insurance policy out of welfare funds of the banks but IBA snatched that opportunity and you as a leader of AIEBA could not prevail upon IBA to provide free medical facilities to poor retirees. Many poor retirees have died in the past and many more are dying for lack of medical treatment.

As GS of AIEBA, you failed miserably to analyze who stands in priority for obtaining free medical  insurance policy, whether serving employees earning salary of more than Rs. 1,00,000/- or poor retirees drawing meager pension of just Rs. 10,000/- to Rs. 15,000/-, without evaluating that  the old retirees are more vulnerable to medical risks than serving employees.

You have deliberately opted to earn wrath, anger and rage of poor retirees as you failed to hear the screaming of old & poor retirees. You have become like a businessman, who simply weighs, who is contributing money to your union, ignoring the suffering & incapability of old & poor retirees, who made you General Secretary of AIEBA. Your union is fleshed with huge funds but YOUR DIL MANGE MORE AND MORE and resultantly your detached heart is stopping you to think about the welfare of poor retirees, since they are no more your members.

IBA is a institution who has hired senior retired executives from banks, who after retirement are getting decent salary and comparatively handsome pension and these officials can’t feel the pinch of pain & sufferings of old poor retires and your action in joining hands with IBA is adding salt to the woes & miseries of poor retirees, when you openly declare in public meetings that revision of pension is not feasible, since pension funds are not adequate. You action is providing an ammunition to IBA to kill & slaughter old poor retirees.

You need to ponder over this issue again and ask yourself whether you have to lean towards old poor retirees or you have to connive & hatch up with IBA.  Your union has huge funds and you can easily hire one professional who can come out with a scheme to provide revision in pension of retirees in such a way that you are able to provide some comforts to old poor retirees. Even RBI approved scheme for its retirees for revision of pension in March 2019 and immediately thereafter there was circular from AIEBA to AIBRF to know whether banks want similar revision of pension and AIBRF responded for a similar type of revision of pension for bank’s retirees but that issue was later on buried by AIEBA with no valid reasons.

The Supreme Court of India in one of judgment dated 01.07.2015 has categorically given the verdict, which says that revision of pay scales and revision of pension are inseparable and this judgment is a blessed tool & ammunition for AIEBA in fighting with IBA. The judgment further says “That the judgment has recognized that revision of pension and revision of pay scales are inseparable. The Government can’t take the plea of a financial burden to deny legitimate dues of the pensioners. The judgment has recognized that revision of pension and revision of pay scales are inseparable. When pension is upheld to be a right and not a bounty, as a corollary to the aversion of pay scales is inseparable, up-gradation of pension is also a right and not a bounty”.

Now Wake up and fight for the cause of poor retirees, who needs your intervention Intercession and support. Where there is a will, there is a way!!!!!!!!!! . There will be no constraints & limitations in your way and if such impediments & hurdles come in your way use your ammunition against IBA, which is the real essence & distillate of unionism. Poor retires are not meant for un-natural deaths, they need your support.

Kind regards,



O.P.SHARMA

WOUNDED & INJURED RETIREE

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2 comments:

Anonymous said...

Respected Sir! You say pensioners are getting 10k pension.I wonder what happened to the lumpsum they got.Have they not invested it in a way as to generate monthly income.am sure they dont live of just the pension.as far as i can see most pensioners are living a very comfy life travelling abroad evry once in a year to their childrens homes whoare settled abroad.maybe one in 100 does not have much he would havemade mistakes with his retirement funds.Pls enlighten me as to where the retirement benefits vanished so as they liveoff only the pension.

Anonymous said...

It is none of your business what they have done with retirement funds. I think U are puppet of IBA r U have indulged in huge bribery while working r IBA might have bribed U. Shut everything n sit.

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