प्रशासनिक सुधार और लोक शिकायत विभागDEPARTMENT OF ADMINISTRATIVE REFORMS &PUBLIC GRIEVANCES wing of the Ministry of Personnel,Public Grievances & Pensions of Govt.of India HARD COPY SENT BY SPEED POST #EN242156313IN / 08 12 2017 SRINIVASA MURTI DEVULAPALLI devulapallimurti@gmail.com To:Victory Onlines6886@gmail.com Fri, Dec 8, 2017 at 2:14 PM My letter to http://pgportal.gov.in/ Shri.VanrajA.Chavda, Joint.Secretary Department-of.AR&PG, Sardar.Patel.Bhawan ParliamentStreet,NewDelhi;-110001 Phone:(011)23745472 Email:chavdavanraj@yahoo.com Fax: 011-23401485 Dear Sir, Re: PERPETRATED FRAUDS COMMITTED BY THE BANK MANAGEMENTS IN THE EMPLOYEES PENSION CORPUS FUNDS IN GROSS VIOLATION OF THE NORMS AS ORIGINALY APPROVED BY THE PARLIAMENT AT THE TIME OF INTRODUCTION OF THE PENSION SCHEME IN THE BANKIN INDUSTRY - REQUEST FOR “ CAG AUDIT” OF BANK EMPLOYEES PENSION TRUST CORPUS IN ALL THE BANKS. ------------- PREAMBLE: AS THE SENIOR MOST RETIRED BANKING PERSONNEL, WE HAVE CONTRIBUTED FOR THE GROWTH OF OUR COUNTRY'S ECONOMY FOR OVER 30-40 YEARS DURING OUR PRIME AGE. WE HAVE NOW BEEN NEGLECTED BY THE BANK MANAGEMENTS REPRESENTED BY THE IBA(INDIAN BANKS ASSOCIATION) AND ALSO BY THE BANK UNIONS REPRESENTED BY THE UNITED FORUM OF BANK UNIONS (UFBU) AS WELL-- ULTIMATELY FORCING US TO KNOCK THE DOORS OF JUSTICE TO MITIGATE OUR HARDSHIPS. DURING OUR CRUSADE FOR JUSTICE, MANY OF OUR COLLEAGUES HAVE ALREADY ATTAINED THEIR "HEAVENLY ABODE" AND WE STILL REMAIN FOR OUR TURN TO MEET THEM WITH ONE FOOT IN THE GRAVE. TO ADD SALT TO THE INJURY, OUR HARD EARNED PENSION CORPUS WHICH HAS BEEN, CONTRIBUTED FROM OUT OF OUR MONTHLY SALARIES FOR OVER SEVERAL YEARS, HAS BEEN SUBJECTED TO LOOT BY THE SO CALLED "TRUSTEES" TO WHICH WE HAVE NO ACCESS AS THE SOLE BENEFICIARIES THE PENSION TRUST. IT'S NOTHING BUT "STABBING US FROM BEHIND THE BACK" SIMPLY BECAUSE, WE, THE RETIREES ARE NOT REPRESENTED ON THE PENSION TRUST BOARDS. IN FURTHERANCE OF THE SETTLEMENT (SIGNED UNDER THE ID ACT) DATED 29th. OCT.1993 BETWEEN THE BANK MANAGEMENTS REPRESENTED BY “IBA” AND THE UNIONS REPRESENTING THE EMPLOYEES – “PENSION REGULATIONS OF 1995” WERE ADOPTED BY ALL THE BANKS. THESE REGULATIONS WERE FORMULATED ON SIMILAR LINES TO THE ONE PREVAILING IN THE RESERVE BANK OF INDIA. THE ABOVE BEAR THE STAMP OF APPROVAL OF THE PARLIAMENT – THE HIGHEST LAW MAKING BODY OF THE COUNTRY. NONE ELSE CAN CHANGE/ALTER THESE REGULATIONS WITHOUT THE CONSENT OF THE PARLIAMENT. THUS, THESE REGULATIONS FORM PART AND PARCEL OF THE SETTLEMENT SIGNED UNDER THE INDUSTRIAL DISPUTES ACT - A STATUTORY PROVISION. THE PARTIES TO THE ABOVE SETTLEMENT HAVE NO AUTHORITY, WHATSOEVER, TO ALTER / MODIFY THE TERMS / PROVISIONS OF THE SETTLEMENT ALREADY INCORPORATED AS ABOVE, SUBSEQUENTLY AT A LATER DATE. CONTRARY TO THE ABOVE , “IBA” WENT ON ISSUING ITS ADMNISTRATIVE GUIDELINES SUBSEQUENTLY TO ITS MEMBER BANKS OVER RULING THE PROVISIONS OF THE SETTLEMENT MUCH DETRIMENTAL TO THE INTERESTS OF THE PENSIONERS , WHO ARE THE ULTIMATE BENEFICIARIES OF THE PENSION TRUST. (https://drive.google.com/file/d/0Bwlxk5JrNIM1UzZEVVBzaDBJbms/view) CURRENT POSITION: For the sake of brevity, I reproduce My Mail (Followup Letter dated 2nd December, 2017) addressed to Dr. Urjit R. Patel, RBI Governor for your instant perusal with a request to come to our rescue at this fag end of our lives: QUOTE: ....................." ------------------------------------------------------------------------------------------------------ Friends, I have reproduced the content of my above above letter . Click the following link for my above letter addressed to RBI Governor viz: Dr.Urjit Patel: https://drive.google.com/file/d/13MXfcZ-CUdYfOvYBIPW34vIkAtxfZL7b/view You may also click the following link for my letter addressed to MPs & Media: https://drive.google.com/file/d/1ARfbPw27P8SeRHn9dFg09RyDkykUtYZW/view http://orangenews9.com/retired-bank-employees-cries-over-pension-fraud-seek-justice/