

దేవులపల్లి శ్రీనివాస మూర్తి Srinivasa Murti Devulapalli <devulapallimurti@gmail.com>
To: ALL FRIENDS IN MY MAILING LIST
MY DEAR FRIENDS,
BANKING PAY COMMISSION ...NEED OF THE HOUR.....
If you try to look at the past My Dear Friends.......
Only the PCR Recommendations (Committee constituted by GOI), brought a sea change in the service conditions of the Bank Officers.
This is besides many other committees constituted by the Governments in the past resulted in bringing improvisations in the service conditions of the bank employees at large in the form of various AWARDS in the forms of "Desai/Sastry Awards" alone.
- AN UNDISPUTED TRUTH OF HISTORICAL SIGNIFICANCE
Let us not, therefore, lose sight of these historical facts. Only Government's initiative alone has brought phenomenal changes in the service conditions of the bank employees from time to time.
In so far as, we the retirees are concerned, the IBA /UFBU have been, in the guise of the settlements, manipulating the Pension Regulations from time to time much detrimental to the pensioners.
There is no direct representation of the pensioners in the Pension Trust Boards where many manipulations are taking place behind our back besides diversion of Pension funds to PRIVATE INVESTMENTS RESULTING HEAVY LOSS TO THE PENSION CORPUS.
UFBU AND IBA ARE THE ONLY STUMBLING BLOCKS FOR THE RETIREES DIRECT PARTICIPATION IN NEGOTIATIONS.. THEY MANIFESTED THEIR STRONG INTENTIONS IN BLACK AND WHITE IN THEIR SO CALLED "MAGNACARTA" (RECORD NOTE IN MAY,2015) TO ENSURE THAT WE THE RETIREES SHOULD NOT HAVE ANY SAY IN THE BIPARTITE NEGOTIATIONS...
…THEY ONLY EXPECT US TO STAND BEFORE THEM WITH "BEGGING BOWELS" PERENNIALLY .
UFBU HAS NOT TAKEN ANY LESSONS FROM THEIR COUNTERPARTS IN RBI, WHO ACHIEVED PENSION UPDATION IN RBI THROUGH THEIR UNIFIED AND SUSTAINED STRUGGLE (BOTH SERVING AND RETIREE ORGANISATIONS) - ORGANISATIONALLY BESIDES THE LONG DRAWN LEGAL BATTLE SIMULTANEOUSLY ON COHESIVE LINES.
THEY HAVE LONG BACK SECURED ENHANCEMENT IN FAMILY PENSION WITHOUT ANY SEALING IN RBI.
IN THE BACKDROP OF THE ABOVE SCENARIO........Under the given circumstances, time has come for us- we the retirees, To urge the Government to set up a---
"Banking Pay Commission" - the only ultimate recourse, for all of us- as we do will have, a "statutory body of authenticity" to whom we can represent for the redress of our legitimate grievances directly through our organisation/s with dignity and decorum.
Thus we can as well eliminate the “manipulations” at the behest of IBA/Unions during the negotiations which are very much detrimental to the interests of the bank retirees as stated supra.
https://www.youtube.com/watch?v=6GFnTDb4Ew8
https://drive.google.com/file/d/13fcMcamE_CFh_OspnplHFkm9N8zuhylj/view?usp=sharing
https://drive.google.com/file/d/1ta3KmvqMMv3DL3icPOrxAW1xtLLU1Gol/view?usp=sharing
With Greetings and Regards,
“|| यतो धर्मस्ततो जयः ||” IS THE ULTIMATE......
I Remain - Yours,
దేవులపల్లి శ్రీనివాస మూర్తి/ Devulapalli Srinivasa murti