BIPARTITE SETTLEMENT - THE INSIDE STORY WITH FACTS

BIPARTITE SETTLEMENT
- THE INSIDE STORY WITH FACTS.

The following is an extract from an Email from Sri C N Prasad:

"...There are three major organisations.
AIBOC is led by an Officer, Shri Soumya Dutta and he is still in service.
Shri Bandlish is also an employee of State Bank of India and he is the General Secretary of NCBE.
These two organisations cover over 50% of Bank workforce. Among major organisations, only Com. Venkatachalam, General Secretary of AIBEA is retired.

If Workmen were to accept Special Allowance at 16.4% agreed by the working leader, Shri Soumya Dutta, Joint Note would have been signed on Sunday, without updation of pension. Please support AIBOC and working leaders.

Retired leaders were not in the picture at all. Even thereafter, we would have found fault with AIBEA only.

In 1993,
AIBEA was lead by a retiree, Com Tarakda.
AIBOC and NCBE were lead by working leaders. Working leaders formed the Joint Action Committee and campaigned against the pension scheme. But, those leaders who had retired fought for the introduction of pension giving us at least the dream of updation of pension.
Working leaders brought stay.
BEFI did not sign.
They are all favourites of present-day Bank pensioners.

Joint Note of 14.12.1999 was signed incorporating '1616-1684' issue.
This was also signed under the leadership of Com. Shantaraju, who was in service of State Bank of India and was the General Secretary, AIBOC.

A letter was written by Com. Nadaf, General Secretary, AIBOC and Com.S A Kadri, General Secretary of NCBE wrote IBA that they are refusing to sign second pension option settlement. Both were working in State Bank of India. Eventually, only retired leaders signed the agreement on 27.4.2010, giving an opportunity to many of us to write, here in this group.

In 2015,
General Council of AIBEA passed a resolution accepting the load of around 12.5%, with some improvement in pension.
But, working leader, Com. Harvinder Singh, General Secretary, AIBOC insisted on 15% load and accepted with the introduction of Special Allowance, by restricting Superannuation benefit to 2%. The actual load was around 13% only. He has clearly stated that he is more interested in giving more money in the hands of his members who were in majority at that time, than improvement in pension.

Still,
Com. Venkatachalam was called an enemy because AIBEA was willing to agree for 12.5% plus load. He became enemy of Officers and retirees. He is blamed in this group itself for the introduction of Special Allowance and also for agreeing for less when working leaders got 15% without superannuation benefits for Special Allowance.

Working leaders were ready to recover 2.8% from those who already opted for pension in 2010.
Retired leader prevented it.

In 2005,
when 100% DA neutralisation was introduced without extending the same to pre-2002 retirees, Com Shantaraju was the Convener. Com.Shantaraju was working in State Bank of India and was the Convener of UFBU at that time.

Stagnation increments for the period between 1.11.2012 and 25.5.2015 are counted for calculation for pension, notionally, only for Award Staff.
But, Officers whose organisation is led by working Officers have not got this benefit.

I am proud to support the truth and facts. I do not support false and imaginary.

Accusations, whatever made are based on assumptions and hearsay.
I am giving loads of proof, why I should support an organisation which always supported pension and pensioner.
I was wondering whom we blame, in case Com. Venkatachalam is disabled from entering into an agreement, for all our problems. He has become a whipping boy.

I am not also happy with Com. Venkatachalam, with regard to the issue of pension option to resignees. But, such reservations are only issue-based, but not motivated.

I do understand that most of you who have developed a hatred for Award Staff and leaders of Award Staff Unions, continue to hate even after retirement.

I am a part of retiree movement last 25 years, as an employee at the age of 36 years. I am sure most of you were not even pensioners. Perhaps, I have a better experience with pension-related issues, more than most of you.

I have gratitude towards AIBEA, because of which I am drawing pension today, because of which I am demanding updation of pension, because of which many retirees' organisations were born and they are demanding the right to participate in negotiation, because of which pension was secured again in 2010 to even those who did not agree with organisation's views.

When Com. Tarakda was alive, people said Com. Prabhakar and Com. Parvana were giants. Those who were a part of AIBEA should recollect how Com. Tarakda was treated in Jaipur Conference. What do we say about Com. Tarakda, now? The same practice continues.

Is it a sin to have gratitude towards AIBEA?
I am not supporting any organisation, which is acting against retirees' interest continuously.

Thanks, a Million.

With regards,