LEADERSHIP BETRAYALS TOWARDS PENSIONERS…. A PERENNIAL PHENOMENA....
https://drive.google.com/file/d/12LED_8P0l3hhDtJswYAnmxemDrMaxu-Q/view?usp=sharing
01. REMOVAL OF UPDATION CLAUSE (AS APPEARED IN THE SIGNED MOU) WHILE SIGNING THE PENSION SETTLEMENT IN 1995 UNDER ID ACT. THANKS TO AIBEA.
02. WRONGLY DIRECTING THE OFFICERS / EMPLOYEES NOT TO OPT FOR PENSION - THANKS TO AIBOC/BEFI
03. WRONG FIXATION OF BASIC PENSION IN VII BP 1616-1684 – AIBEA
04. 100% DA DISCRIMINATING THE RETIREES WITH A CUT OFF DATE UPTO 31 10 2002 - AIBEA
05. HEAVY PRICE PAID BY 2ND OPTEE PENSIONERS …. AIBOC / UFBU
06. NO SUPPORT TO THOSE WHO HAVE BEEN FIGHTING FOR LEGAL RECOURSE - .THE FIXATION OF BASIC PENSION AS PER REGULATIONS, INCLUSION OF 5 YEAR NOTIONAL SERVICE, PENSION FOR RESIGNEES, 100% DA NEUTRALIZATION, COMMUTATION ARREARS etc - ON THE CONTRARY, ON THE CONTRARY, SABOTAGING THE LEGAL FIGHT. AT THE SUPREME COURT LEVEL... A VERY VERY BIG THANKS TO AIBRF
07. LAST BUT NOT THE LEAST …. SIGNING THE “RECORD NOTE “ NOTORIOUS “MAGNACARTA” – A VERY BIG THANKS TO IBA/UFBU - BEING TWO SIDES OF THE SAME COIN.
CONSIDERING THE ABOVE HARD REALITIES, …. ALL ARE SINNERS…. NO SAINTS…..
THE IRONY IS - "POT CALLING KETTLE BLACK !" WHO UNABLE TO SEE THE BLACK BEHIND THEIR OWN BACK.....
IN THIS CONNECTION, MY ATTENTION IS DRAWN BY SOME OF MY FRIENDS TO THE FOLLOWING COMMENT. THIS IS FOLLOWED BY MY CLARIFICATION TO THE SAME......
QUOTE:
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"Dear all, Good Day.
A few findings on verifying about
Mr Devulapalli Srinivasa Murthy garu, retired from Syndicate Bank who spoke in the above audio clip.
He is not with us. He was one of the then leaders who canvassed against pension option but secretly submitted his own pension option letter to the management.
He took VRS and was always our adversary........
.......Working unions, Associations, and some of the pensioners have put their efforts to bring the issue up to present level. We thank all who are working for the rightful demands of our pensioners.
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UNQUOTE
Referring to the above, I once again reiterate my following remarks....
".....ETREYAL 03.
NEGATIVE ROLE BY AIBOC:
The present confusing situation created by the leadership aptly reminds me of the legend poet laureate of renaissance era - "William Shakespeare's famous
soliloquy - "TO BE OR NOT TO BE ..!" ...
LET US NOT REPEAT ANOTHER HISTORICAL BLUNDER.....
This reminds of the similar confusing situation created by the then leadership of AIBOC during which period I was also the Office-bearer of Syndicate Bank Officers Association (SBOA-) representing AP State. In fact, SBOA has been one of the strong affiliates AIBOC. -
Let me go further into the details......
When it was mooted to introduce the Pension Scheme in the Banking Industry, barring AIBOC/BEFI, all the remaining organisations had welcomed the move , as a social security measure.
The then leadership of AIBOC who was also heading their affiliate organisation in State Bank Of India, had opposed the scheme on the pretext that he would get the pension scheme as third benefit akin to the one prevailing in SBI .
That's how AIBOC remained as an Odd-Man-Out by prevailing on its membership not to opt . Arithmetical calculations were also shown in support of their stance which was popularly marketed among the membership at large in support of their stance.
Owing to the fact that a major junk of the Officers Community had not opted for Pension, the very viability of the scheme itself had posed a big question among all the rest.
The Pension Scheme as prevailed in SBI is in fact by virtue of a statutory provision and has no comparison with other Banks , and therefore, it was impossible to achieve as 3rd.benefit, owing to insufficient corpus even to maintain the break-even for smooth servicing of the scheme as envisaged which was a ground reality.
The above stance of AIBOC had created a lot of confusion among the officer- employees in general and much in particular the office-bearers of its own affiliates even.
IN FACT, IN ONE OF THE EXECUTIVE COMMITTEE MEETINGS, I OPPOSED THE STANCE TAKEN BY THE LEADERSHIP AND PREFERRED TO TENDER MY RESIGNATION AS AN OFFICE-BEARER OF SBOA / AIBOC AS IT WAS COMING IN THE WAY OF MY CHOICE FOR THE PENSION SCHEME.
HOWEVER, MY LEADERSHIP PREVAILED UPON ME NOT TO TAKE THAT EXTREME STEP MERELY ON THIS COUNT ALONE AND REJECTED MY PROPOSAL- THAT'S HOW RELAXATION WAS GIVEN TO THE OFFICEERS / OFFICE-BEARERS WHOSOEVER WANTED TO OPT FOR THE SCHEME..."
Later , It has been well within the knowledge of everybody that all the affiliates of the Nationalised Banks had formed as a separate entity (logo) within the AIBOC itself to exert pressure on their own leadership and to fall in line with all the other organisations who had to struggle for the 2nd option with prospective effect and that too after paying a "HEAVY PRICE " of refunding the PF amount by the retirees together with interest there on ! -
IT'S INDEED ! A HEAVY PRICE PAID BY THE INNOCENT RETIREES AS PENALTY FOR THE HISTORICAL BLUNDER COMMITTED BY THEIR OWN LEADERSHIP.
THE IRONY PART OF IT IS -- RECOVERY WAS MADE RETROSPECTIVELY (together with interest )….
BUT PENSION WAS PAID WITH PROSPECTIVE EFFECT ...."
CONSIDERING THE ABOVE FACTS....SECRET & UNDER HAND DEALINGS ARE NOT KNOWN TO ME AT ANY POINT OF TIME ... INASMUCH AS THERE IS NO PLACE FOR SECRECY IN TRADE UNION PHILOSOPHY .... UNLIKE THOSE WHO INDULGE IN "TRADING UNION" !
FOR FULL DETAILS , CLICK THE FOLLOWING LINK.....
https://drive.google.com/file/d/1yYPz0UgAq3XcfR9imF4Td40PgF5T9QUn/view?usp=sharing
ALL ARE "SINNERS".... NO "SAINTS"...... DEVILS NOW SERMONING VEDAS !..."POT CALLING KETTLE BLACK..."
“|| यतो धर्मस्ततो जयः ||”IS THE ULTIMATE......
I remain - Yours,
దేవులపల్లి శ్రీనివాస మూర్తి / Devulapalli Srinivasa Murti.
NOVEMBER 17, 2020
Ramavarappadu- Vijayawada 521108
9989318300
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d s murti