

PENSION UPDATION – A BIRD’S EYE VIEW……..
https://drive.google.com/file/d/1m6h9fz16_DWo8jouqavjPoRcweECwTZI/view?usp=sharing
VIJAYAWADA, AP, India
3 NOV 2020 —
MY DEAR FRIENDS,
RE: PENSION UPDATION
IN THE WAKE OF THE HON'BLE FM'S RECENT INTERVIEW CONCERNING THE PENSIONERS ISSUES, I PLACE BEFORE YOU THE FOLLOWING ONLY TO REFRESH YOUR MEMORIES AS ALSO TO HAVE A BIRD'S- EYE-VIEW OF THE PROBABLE MODALITIES CONCERING PENSION UPDATION.
ANTICEDENTS…….
EXTRACT FROM BEFI cir. dated 22 07 2020: (ORIGINAL STAND OF IBA)
".....During successive negotiations and UFBU meetings, we expressed our firm commitment towards issues of the retirees particularly in regard to Pension. In the matter of improvement of family pension, it was stated by IBA that recommendation has been sent to Govt for necessary approval. The IBA Chairman himself appearing in the negotiation today narrated that IBA agreed in principle for increase of family pension to 30% without ceiling.
We suggested for mentioning this in the MOU. But it did not find any place in the MOU. So far updation of pension is concerned, IBA did not share any data for actuarial calculation despite assurances given during the talks.
Of late, they proposed for ad hoc increase to which BEFI expressed principled opposition from the word go.
But none of these came into serious discussion due to indifferent attitude of the negotiating committee of IBA.
We understand that updation of pension requires detailed calculation which may require some time. But during the whole three years of negotiation IBA did not come upwith positive view.
We suggested to include this in the MOU to continue necessary exercise and discussion in future; we had our experience regarding the 'Record Note' signed in 2015 which were never taken up for discussion in spite of our raising the issue time and again.
We apprehended that if this issue do not find any place in the MOU, it will lose its relevance. Today IBA was not interested to discuss this issue.
AIBPARC LETTER (18 10 2020-WITH DETAILED CALCULATIONS) TO FM ON PENSION UPDATION :
https://drive.google.com/file/d/15LF8M6v0OD9tLqDtk1YD_neEkLvFIdHv/view?usp=sharing
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COLLECTIVE VOICE WILL BE HEARD ULTIMATELY..
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ONLY SOME OF THE RESPONSES /REACTIONS ARE APPENDED HERE DUE TO PAUSITY OF SPACE :-
QUOTE:
"Perhaps, such a move will consolidate the trade union movement. Bank employees can wage a united fight along with Central Government employees. Even otherwise, central government employees or even state government employees are getting better pay compared to bank employees. More than anything, our pensions will get updated along with serving employees vide each Pay Commissions on regular basis.
When the power-that-be are deaf to our voices and blind to our sufferings, the collective voice has only to be powerful. As Shaheed Bhagat Singh said, "If the deaf are to hear, the sound has to be very loud."...
Com.K V KRISHNA SWAMY -Veteran Leader of SBOA (AIBOC)BANGALURU
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Dear Murthy garu,
Your prayers are heard by MATHA KANAKA DURGA. Your relentless efforts are likely to give fruits for all of us. Quodes to you and others from other banks who equally fought along with you.
With regards.
I PARDHASARADHI, HYDERABAD
Thank you Murthy Garu for your restless efforts and pursuation. As you said you are not leaving no stone .Really you are very great . We are behind you Murthy garu give us any call we will support you in all respects .
Murthy Garu I think that your efforts and hard work for the sake of your fellow pensioners are being moved to the some extent .This credit of major part goes to you .The proverb says that no pains and no gains .You are being pained a lott to come to this level
Thank you sir Murthy garu.for the facts broughrt to the notice of the retirees as well the leaders what they are doing
Murthy garu now I am happy some of our retirees recognised your rest less fight for the cause of your coleague pensioners .
Your fight is not one day or one year decades of fight with patience by spending your valuable time and money without asking any help or support of any kind.
Even if you did not get any support or help from your coleague pensioners .
You did not leave your fight and not expected any kind of help also really you are great Murthy Garu .
May God showers abundant blessings on you and on your family members.NVRao vijayawada
Thank you Murthy garu .
... N V RAO : VIJAYAWADA
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while totally agree with you some of my friends (including myself) feel that one prominent name missing from the list is Com.D.S Murthy
we place on record our wholehearted gratitude for the uniting efforts for our today's happiness. Goddesses Amma bless you.
P R KRISHNAN.. HYDERABAD.
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Sir
The God seem to have heard your daily prayers in the form of petitions .
If the credit has to be given , You are the most deserving amongst all the leaders .
God bless you always.
J K SHARMA - NEW DELHI
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I appreciate your efforts on behalf of Bank employees, you are doing enormous service to the bank retirees. May I request you to highlight the need if Banking pay commission in line with central pay commission as the IBA itself is a non recognized body and is helpful only to the mou signatories but not the Bank Employees.
Y BHASKAR RAO.HYD
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Keep it up Murthy garu God bless you with good health and compassion to take forward the just cause
A SREERAMA REDDY . HYDERABAD.
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Moorthy garu,my heartfelt thanks to you,for your relentless efforts resulted into the positive response of Finance Minister Madam Nirmala SeethaRaman garu.However this is only a beginning,as you told we all should unite for collective strength to be provided to your efforts.I really appreciate once again for adroit nature.
N SAMBASIVARAO GUNTUR
Respected Shri Srinivasa Murti Sirji
You are one of the few leading in conveying gratefulness to honourable finance minister.
Humble begining to blow whistle and raise voice for the cause of bank pensioners, followed by series of letters and reminders are becoming part of success in making government realise substance in our just demand. Now it is short while from now for pension updation to see light of the day. THANKS A LOT for periodically keeping abreast of development.
Pray God for your sound health and happiness.
--HASMUKHBHAI THAKKAR , IOB AHMEDABAD.
విశ్రాంత బ్యాంకు ఉద్యోగులకు ...
నమస్కారములు ,
పెన్షన్ విషయములో 25 సంవత్సరాల నుండి అందరు ఎవరికి తోచిన విధముగా వారు మాట్లాడుతున్నారు ఇప్పటి పరిస్థితికి ఎవరో ఒకరిని తప్పు పట్టడము మంచిది కాదు . మనమే కారణం
విశ్రాంత ఉద్యోగులలో D . S. మూర్తి గారిలాంటి కొంతమంది దేశ వ్యాప్తముగా అక్కడక్కడా న్యాయస్థానాలను ఆశ్రయించడము , అదేపనిగా విశ్రాంతి లేకుండా , తమ కుటుంబానికి కేటాయించ వలసిన సమయాన్ని కూడా విశ్రాంతి ఉద్యోగుల సమస్యల కొరకు
కేటాయించడమే కాకుండా, ఆర్ధికంగానూ, ఆరోగ్యపరంగా కూడా నష్టపోయి తమ పోరాటాన్ని కొనసాగించారు.
కొన్ని న్యాయస్థానాలలో ఓడిపోయినా పట్టు వదలక దేశములో ఎక్కడెక్కడో తమ వంతు ప్రయత్నాలు చేస్తున్నారు .
మనమందరం ఎప్పుడు పెన్షన్ పెరుగుతుందా అనే ఆలోచనలో మాత్రమే వున్నాము . ఒకవేళ కోర్టు తీర్పులు ఇచ్చినా అవి అమలు జరగడము ఒక ప్రహశనము .
కావున మంచి జరుగుతుందని ఆశిద్దాం
ముందు మన అందరి కొరకు శ్రమ పడుతున్న D . S. మూర్తి గారి
లాంటి వారిని, వారి నిర్విరామ కృషి ని అభినందిస్తాము
కాళేశ్వరరావు : నెల్లూరు
UNQUOTE: