An apprisal on the Supplementary Minutes of Discussions on certain issues between Indian Banks’ Association and Workmen Unions dated 10th December , 2020
No. Issue raised by the Union Comments/Response of the IBA
1. 5 Days Banking : At present IBA is not in favour of this.
2. Periodical updation of pension : IBA has agreed for revision in Family Pension subject to Govt approval, Involves additional cost and additional funding. Details being collected, decisions subject to Govt’s approval.
3. Revision of Ex Gratia pension to pre-1986 retirees/ their surviving spouse :
Matter will be taken up with the Government
4. Improvement in Group Medical Insurance Scheme and premium to be paid by bank :
Premium by banks not acceptable Some premium subsidy may be extended
5. Bringing all pensioners to common index point of 6352 points. Now it is at 600, 1148,
1684, 2288, 2836 and 4440 points: Detailed proposal may be submitted by the Unions
6. Shifting DA Scheme to 2016=100 index series instead of present 1960=100 series:
Matter needs detailed study
7. Allocation on funds for staff welfare scheme based on operating profits instead of net profit: Any change in the scheme can be done by the Government only.
8. Revision in Conveyance Allowance to Physically Challenged employees / Persons with Disability : to be recommended to Finance Ministry
9. Pension on last drawn pay or on average of last 10 months -The matter will be examined
10. Full pension on retirement after 20 years as available for Govt employees :
The matter will be examined
11. Special allowance paid in North East/ Sikkim by Central/State Govt., LIC, RBI .to be extended to award staff -Not agreed to by the Government.
12. Special compensation for employees in North East, Jammu and Himachal Pradesh like RBI/ LIC/ Govt. employees :
Unions may submit further details.
13. Guidelines on fitment and fixation of Ex Servicemen : Already issued by IBA to all Banks
14. Govt guidelines on concessions to Disability(PWD) strictly followed :
All extant guidelines being adhered to
15. Direction to observe Business hours: necessary guidelines would be given
16. IT Exemption of retirement benefits -Gratuity, Leave Encashment :
Not within the purview of IBA.
17. Festival Advance increase: Individual Banks may take decision
In a nutshell, We observe that all demands are #dealt_with* as follows- #Rejected /#To_be_forwarded_to_govt /#Submit_details_report*
UFBU has suggested to IBA to settle updation of pension before the start of the next settlement.
How cruel these leaders are? Unwarranted suggestion on residual issue. Not defending the updation demand, these leaders suggested to postpone updation to another two years.
Can we see such leaders anywhere else who deprive their own members of their rights?
Pensioners can no longer depend on them for negotiating on their issues.
At the maximum they did suggest to settle updation issue before the start of next settlement!!!
Is it for this suggestion they have put it in their common charter of demands?
How much mercy they have shown towards Pensioners' plights!!!
Pensioners can no longer depend on UFBU which blocks updation of pension for reasons best known to them.
M.Somasundaram
Bank Pensioners' Action Forum
1 comment:
Perhaps IBA and Unions (they are hand-in-glove) are calculating that most of the pensioners are above 75 years and their end is not far away. By delaying the updation to the best of their ability, they will ensure that the benefit (as and when they consider updation) gets extended to only a few hundred surviving pensioners.
Post a Comment