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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*********

Saturday, February 3, 2024

IBA AND UFBU WORK AS MIDDLEMAN BETWEEN THE BANK AND EMPLOYEE





Article 14 & 16 of Constitution of India guarantee "Equality before Law" & "Equality in the matter of Public Employment". In other words, equal should be treated as equals and there must be no discrimination between similarly placed employees in identical situations.
As per Article 12 of Constitution of India, Public Sector Banks have been declared as "State" by all the courts. When Bank Employees implement all the schemes of the Government of India, when top executives of public sector banks are appointed by Government of India, why there must be discrimination between Central Government Employees and Public Sector Bank's Employees ?
When Pension Settlement was signed way back on 29th October 1993, it was incorporated in Settlement that our Pension Scheme would be in line with Pension Scheme for Reserve Bank of India and in case of any doubt or difficulty, provisions made in CCS Rules would be applicable.
Why our leaders agreed to deprive young employees joining service on or after 01.04.2010 from the benefits of Pension Fund? More so when we get our Pension in lieu of Statutory Contribution of Bank's share in Provident Fund and not on bounty?
Pension of Central Government employees gets revised with implementation of each Pay Commission. Pension of RBI Employees got revised in 2019. Why Ex Gratia for us instead of revision of Pension?
Who is responsible for such discrimination? Government or IBA ? No. Its our top leaders who have agreed, have given consent and have permitted such discrimination. Bipartite Settlements are treated as best because these carries consent of both employer and employees through there unions and hence it is always difficult to challenge Bipartite Settlement. Its because of those who have converted "Trade Unions" into "Trade" and are working as Traders of our right that Bank Employees found themselves in present pathetic situation. The solution lies in demanding referendum challenging traders and demanding separate Commission for Bank Employees.

1 comment:

Anonymous said...

Let us hope for replacement of the middleman system in the court of justice by all of ours efforts & movements.

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