MY DEAR FRIENDS,
PURSUANT TO THE REPLIES GIVEN IN THE PARLIAMENT BY THE GOVERNMENT CONCERNING THE PENSION REVISION , THE MORALE OF THE REITREE FRATERNITY IS GREATLY HIT WHICH IS QUITE OBVIOUS - MUCH IN PARTICULAR, THE SENIORS WHO ARE IN DEEP DISTRESS UNDERGOING UNTOLD MISERIES AT THE FAG END OF THEIR LIVES.....
BUT AT THE SAME TIME WE HAVE TO THINK OVER WITH LOGICAL PERCEPTION TO WORK OUT OUR FURTHER STRATEGIES TO REACH OUR GOAL - DEFENCE IN DISTRESS...
I ANNEX HERE THE FEEDBACK / RESPONSE OF SOME OF OUR LEARNED FRIENEDS WITH THEIR ANALYTICAL VIEWS IN "THE BANK PENSIONER BLOG" ( GOOGLE GROUp) FOR THE BENEFIT OF ALL OUR FRIENDS.
YOU ARE ALSO WELCOME TO EXPRESS YOURSELF FOR THE BENEFIT OF ONE AND ALL .
CONTENTS ARE SELF-EXPLICIT.
FRIENDS, WE SHALL CONITUE OUR EFFORTS SURMOUNTING THE HURDLES IN OUR PATHWAY TO REACH OUR GOAL ULTIMATELY.....
WITH THE DEVINE BLESSINGSOF MATHA KANAKA DURGA ... ABODE इन्द्रकीलाद्रि विजयवाद INDRAKEELADRI - VIJAYAWADA .
LET US HOPE THAT ALL OUR COLLECTIVE EFFORTS WOULD ULTIMATELY CULMINATE INTO SUCCESS IN THE SOLE INTEREST OF JUSTICE AND FAIRPLAY...
Investigations on Embezzlement of funds in PENSION CORPUS OF BANK RETIREES (click the link for the details :
“|| यतो धर्मस्ततो जयः ||”IS THE ULTIMATE......
I remain - Yours,
దేవులపల్లి శ్రీనివాసమూర్తి /Devulapalli SrinivasaMurti.
FEBRUARY 13, 2021
Ramavarappadu- Vijayawada 521108
============================================
QUOTE:
Shrinivas Parkar • spparkar54@gmail.com 10 Feb, 2021, 13:21
If nothing Positive happens by March 2021 or at the most by April 2021, many People may form Opinion similar to that of Shri Raghavan Sir. These People may give Wide Publicity to such views, through Social Media and Other Means. The Opinion of Shri Raghavan Sir is just beginning.
Prestige of not only Hon'ble Finance Minister, but creditability of entire Modi Government and that of Hon'ble Prime Minister, is at stake.
Rahul Gandhi may take advantage of the situation. I pray to God not to bring such Situation in reality.
If IBA Chairman is not forwarding Updation Proposal, he may be removed immediately by Hon'ble Finance Minister, because People may not accept such excuse, for a long time.
I wish to clarify that I do not belong to any Political Party, but the Political Leader who gets Pension Updation for all Bank Pensioners, will be my Hero.
RBI ex-Governor Shri Raghuram Rajan was an Intelligent Economist. However, he was not in favour of Policies of Ruling Government and perhaps therefore he had to surrender his Second Term as RBI Governor.
Then, the Government favourite Shri Urjit Patel was appointed as RBI Governor, in place of Shri Rajan. The Government wanted RBI Surplus Funds to be transferred to the Government Treasury. This instruction was not given by the Government in writing. Instead of following this oral wish of the Government, Shri Urjit Patel resigned or was asked to resign. Then Shri Shaktikant Das was appointed by the Government as a RBI Governor and within 15 days, RBI Surplus Funds were transferred to the Government Treasury, as desired by the Hon'ble Finance Minister.
In the present case, if the IBA Chairman do not want to implement wish of Hon'ble Finance Minister for Pension Updation, it is open for him to resign.
Hon'ble Finance Minister is responsible for running of Indian Economy including Banking Sector and will definitely take care of Financial Liabilities arising out of Pension Updation, for which IBA Chairman need not waste his time.
Present Hon'ble Finance Minister Respected Nirmalaji Madam is Highly Qualified and Brilliant. It is not possible that she is not aware of the load bearing capacity of Banks.
The job of the IBA Chairman is just to forward the Updation Proposal to the Government with necessary details and the Finance Minister may decide whether the Banks can bear the Cost.
After lapse of 4 months, if IBA Chairman is unable to do this assigned job, which can be done by any Junior Officer of Bank's Pension Department, IBA Chairman is incompetent to work as Chairman of Union Bank/ IBA.
Alternatively, he may be against the Policies of the Elected Government, for the reasons best known to him. He has to resign of his own, otherwise we have to start compeign to remove him.
I do not understand how this Chairman is implementing other Policies of the Elected Government.
We cannot tolerate insult of Elected Government by a Chairman of one Bank, by not following Policy Guidelines of the Elected Government conveyed through Hon'ble Finance Minister Respected Nirmalaji Madam.
If nothing Positive happens before March 2021 or at the most latest by April 2021,
Many People may form Opinion more or less Similar to that formed by Shri Raghavan Sir. In that case Prestige of not only Hon'ble Finance Minister, but Creditability of entire Present Government may be at stake.
I confidently hope that Hon'ble Finance Minister may not allow this thing to happen.
If IBA Chairman is not forwarding Updation Proposal to DFS, he may be given ultimatum by Hon'ble Finance Minister to forward the Updation Proposal, otherwise this IBA Chairman may be removed by Hon'ble Finance Minister, because this excuse may not be accepted by People for a long time. ==========
Mattar Kamalaksha Kini • kamalakshakini@gmail.com Thu, 11 Feb, 09:54
I fully endorse your views Mr Parker
===========
JSOMA SHEKARA • jsomasekara2007@gmail.com
IBA will definitely submit a proposal for updation before 31st March. There is no doubt about it.
But most important is what will be the formula? Nobody is bothering about this.
UFBU leaders never interested in updation. Now they have more important matters like farmers agitation to solve.
Retiree associations are eager to take credit for updation by claiming "because of our follow up"
For them it does not matter updation scheme being cooked in kitchen of IBA is beneficial to pensioners or not. ============
Nagaraju Kakani • rajageethi@gmail.com Thu, 11 Feb, 09:54
Sairam, Dear Friends, We are talking several options and view points, opinions on this subject of retiree demands/problems,accepting the hurdles created by several leaders, organisations. If nobody is coming forward, why not we resign from our present organisations enmasse and form a New organisation and approach the FM, DFS, IBA. It is the only way for us to succeed if we really want our goal is to be achieved.
With regards,
Nagaraju Kakani,
BOI 2000SVRS /2009PENSIONER,
Nallagandla Hyderabad 500019. =============
'Debasish Mukherjee' via bankpensioner • bankpensioner@googlegroups.com Thu, 11 Feb, 16:16
If at all the IBA chairman has been influenced by the vested politically sponsored AIBEA/UFBU leaders and decide to ignore Finance minister's advice for taking initiative of retirees updation then IBA chairman has also to face dire consequence and held responsible for extreme financial distress of the retirees.
In fact it has now come to light that the officials of the Finance ministry are behind the decision of non updation of retirees pension since long.
These officials knowing well about amendment of regulation 35(1) on 30.11.2002 that allowed updation in accordance with regulations of updation for RBI pensioners in terms of a resolution in the Parliament duly notified vide Govt.of India Gazette notification No.9 DT. 01.03.2003 they did not bother to appraise the Finance Minister and the F.M. had to make a untrue statement in the Rajya Sabha in reply to a member's question on 02.02.2021.
Further, in spite of regulation 12 permitted updation of pension in the original agreement dt.29.1.1993 many Bank authorities cleverly altered and deleted the provision from their Pension regulations distributed amongst their employees. Since many employees including many senior officers of Banks were ignorant about dirty games played by the IBA officials in alliance with their trusted union leaders in this Pension agreement they did not think it necessary to go through the agreement thoroughly.
Taking this illegal act as a saviour the Banks & IBA produced before courts citing non provision of updation in the pension regulations for rejection of the petitions. Banks and IBA also continued to reject updation plea also on the flimsy reason of fund constraint so that the Banks can divert and misuse robust Pension corpus to the tune of Rs.3 lacs crores with the Banks and in fact this has happened.
In this heinous game the IBA sought assistance from the officials of Finance ministry who could mould and silenced the UFBU leaders offering plenty of gratifications and facilities by the Banks.
I have one specific and authentic evidence of UFBU chairman who is also INBOC supremo could secure the plum position of job of INTUC treasurer at a monthly remuneration of Rs.3 lacs with other perks.
Similarly ex AIBOC secretary also secured a similar appointment as also AIBRF G.S. These leaders have duped the innocent retirees in every matter and have scanty feeling for the retirees woos and are observing stark silence on the retirees updation and other major issues of the retirees viz.Medical Insurance, 100% D.A. to pre Nov.2002 retirees etc.
Though Finance minister is a responsible and literate person but being the minister of a important portfolio of Finance it is not possible for her to know every matter or distress of a segment of society as we the Bank retirees are facing and we have to launch a wide and loud social campaigns using various social media to expose the Banks Union leaders heinous activities in connivance with the Banks higher authorities.
Debasish Mukherjee,
mumburhi@rediffmail.com ================
Raghavan s • srvan01@gmail.com 11 Feb 2021, 16:16
Putting maska to FM will not work. Then how she replied in RS denying the pension updation.
================
'Debasish Mukherjee' via bankpensioner • bankpensioner@googlegroups.com Fri, 12 Feb,09:58
Finance minister did not deny pension updation in her reply in the Rajya Sabha.
She only stated regulation 35(1) did not say for updation as asked by R.S. member Mr.Shreyam M.V. and probably she was not aware of that regulation 35(1) was amended on 30.11.2002 and updation was permitted in accordance with regulations of updation for RBI pensioners in terms of a Parliament resolution duly notified vide Govt.of India Gazette notification dt.01.03.2003 since the officials of Finance ministry did not appraise her factual position in the matter.
Now it has become clear that the officials of Finance ministry are guilty and they are only responsible for non updation of retirees pension advised the IBA to refuse updation pleas citing all the flimsy reason of fund constraint and as per these officials' advice pension corpus have been diverted and misused for writing off of Bad Debts.
Irony is the IBA and UFBU leaders had shut their voice for obvious reason.
For taking the decision of Bank retirees pension updation Finance minister herself does not need to be engaged herself. Proposal to be scrutinised and ensured that has been prepared in conformity with the guidelines of the ministry by the Secretaries of Finance ministry and put before Minister for approval. Now problem is with IBA who has to submit proposal to finance minister recommending updation along with the Banks Board resolutions approving updation. Probably delay is taking place to complete legalities at the Banks/IBA end particularly after amalgamation of so many Banks and all integration process have not been completed yet. We have to keep pressure and continue pursuing with IBA Chairman to speed up the job.
Debasish Mukherjee,
mumburhi@rediffmail.com
.Sent from RediffmailNG on Android ==============
Shrinivas Parkar • spparkar54@gmail.com 12 Feb 2021, 10:01
I am not saying that UFBU is not taking Issues of Retirees. Yes, UFBU do takes issues of Retirees by including the Demand of Pension Updation in their 'Charter of Demand', in Negotiated Settlement of BPS.
But that is to get more allocation of Funds. At the time of Negotiations, something is required to he surrendered and this Demand of Retirees is surrendered, because there are no Representatives of Retirees in BPS Negotiations to oppose the surrender of Retirees Issues.
Thus, the issues of Already Retired Staff are taken in BPS for the convenience of UFBU, without any sincere desire to resolve the same.
There is saying that 'You can fool Some People for All Time, All People for Some Time, but you cannot Fool All People for All Time'.
Most of the Retirees have come to know the real facts, now..However, the issues pertaining to both Working Staff and Already Retired Staff and which cannot be severed, where the large majority of Beneficiaries are Working Staff, UFBU takes such issues.
Example is Second Pension Option, where there was tremendous pressure from PF Optees Working Staff, who were more that 50% to 60% in numbers.
These PF Optees Working Staff subsequently realised huge Benefits in Pension Option as compared to PF. Benefit to Already Retired Staff was non-separable by-product. However, the Issues exclusively for the Benefit of Already Retired Staff are not taken by UFBU. Examples are 100% DA to Pre-2002 Retirees, 5 Years Benefit to VRS Optees, 1616-1684 DA Merger etc.
I wish to clarify that I am not entitled to blame UFBU for that because since after my Retirement, I have stopped paying any Fees to UFBU, they are also entitled to ignore the issues pertaining to Already Retired Staff.
Also, UFBU Leaders may not bother whether Already Retired Staff Blame or Praise UFBU, because Already Retired Staff are not having any Voting Rights either to elect or remove these Leaders.
Just like other Human Beings, UFBU Leaders are also entitled to be Selfish and Cunning.
RBI Working Class Union whole heartedly supported Pension Updation Demand of RBI Pensioners and threatened agitation plans starting with Mass Casual Leave. Such support is lacking in our case. Character of everybody is Gift of God and nobody can change Character of others. There is no use of blaming UFBU or their Present Leaders for the reasons stated above.
The best option for us is not to depend on UFBU, but we Retirees have to find out ways to solve our issues by ourselves.
Fortunately, God has heard our prayer and shown his existence through Hon'ble Finance Minister Respected Nirmalaji Madam. We have to encash this opportunity.
Support to Farmers by UFBU is their Political Convenience. Farmers Leaders are not supporting our Pension Updation Demand, because there is no Political Convenience. ==============
Mattar Kamalaksha Kini • kamalakshakini@gmail.com 13:22 (1 hour ago)
replying parliament to questions by MPS about what is going on now and answer to the point only, as such we neednot worry. I feel Mrs Nirmala Seetharaman will keep up her words
and take appropriate decisions in the near future. Let us wait for some time. I completely agree with Mr.Miukerjee sir ================
Shrinivas Parkar
Fri, 12 Feb, 15:51 (23 hours ago)
It is understood that various Affiliates of Apex Retirees Association are meeting various Hon'ble MPs, Hon'ble Ministers etc for Pension Updation.
I am Grateful to these Groups of Retirees for the Great Job done by them. I am also happy with the Positive Response from these Hon'ble MPs/ Ministers, which is Credit of these Groups of Retirees and Kindness of the Concerned Hon'ble MPs/ Ministers. However, most humbly and with gratitude for these Groups of Retirees, I wish to state that these Hon'ble MPs/ Ministers write recommendation letters to Hon'ble Finance Minister, who is already in favour of Pension Updation for Bank Staff.
Most humbly, I suggest that in addition to Recommendation Letters to Hon'ble Finance Ministers, these Hon'ble MPs/ Ministers may be requested to direct IBA, in whatever way possible for these Hon'ble MPs/ Ministers, to recommend the Updation Proposal by IBA to Finance Ministry, immediately.
I think that Powerful Ministers/ MPs are fully aware and equipped with the Tools & Techniques to get the job done by Organisations like IBA.
This is my humble suggestion to be considered, if found useful.
I feel that if the Person Updation Proposal is forwarded by IBA to Finance Ministry for Approval, it may be approved, in view of Positive Attitude shown towards Bank Retirees, by Hon'ble Finance Minister Respected Nirmalaji Madam, recently.
==============
Mattar Kamalaksha Kini
13:22 (2 hours ago) to bankpensioner
IBA cannot ignore the instructions of the Finance Minister.
It may take some time for submitting updation proposal to the IBA and for this job no need of the MP s letters.Retiree associations have to be in touch with the Finance minister and if the IBA does forward the proposal then bring to the notice of the FM and I am hopeful that the FM wiil take right decision in this regard.
We have to be patient and wait for some time since the FM is busy attending budget discussions in both the house of the Parliuament.
--
MKKINI
Nagaraju Kakani
13:23 (2 hours ago)
to bankpensioner
Sairam, Dear Friends,
We are talking several options and view points, opinions on this subject of retiree demands/problems,accepting the hurdles created by several leaders, organisations. If nobody is coming forward, why not we resign from our present organisations enmasse and form a New organisation and approach the FM, DFS, IBA. It is the only way for us to succeed if we really want our goal is to be achieved. With regards,
Nagaraju Kakani,
BOI 2000SVRS /2009PENSIONER,
Nallagandla Hyderabad 500019.
AWAKE PENSIONERS AWAKE
https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission/u/28544207
=====================
Debasish Mukherjee' via bankpensioner • bankpensioner@googlegroups.com
15 Feb 2021, 3:53 pm
A racket consisting of a section of senior Bank Executives, IBA officials, a section of Finance ministry officials and unscrupulous UFBU leaders are out to dupe the retirees from every possible way they can and the leaders including BEFI have been purchased with various advantage and facilities by the Banks at the instance of Finance ministry officials so that the leaders shut their voice and the Banks can divert and misuse pension corpus to write off NPAs and deprive the retirees from their legitimate pension updation.
This racket has also taken the MOS Finance in their confidence and continue to issue false and fabricated statements of non provision of updation in the regulations/ pension is disbursed from revenue earnings of the Banks etc.other untrue versions.
I urge upon all the retirees particularly the most affected segments the pre Nov.2002 segment to raise their strong voice and post in Social medias as also send tweets to IBA Chairman, F.M. and P.M./PMO exposing the rocket's heinous activities.*
Debasish Mukherjee ,
mumburhi@rediffmail.com
Sent from RediffmailNG on Android
------------------------------------------------
LakshmanRao Kantamsetti •
contactklrao@gmail.com
16 Feb 2021, 10:07 am
Yes , mukherjee ji
Criminal case was filed against all these people .
The date of hearing is posted to 16th feb .
( 3 times postponed earlier. )
The name of the petitioner is kept secret due to security reasons.
A criminal case has been filed against IBA , DFC & others The case has been posted to 10th March yesterday. details - who filed the case ? in whch court ? Who are the others ? etc will be made known soon
Important point
Though gazette notifications were made in 1999 2000 2001 It was not kept on the table in parliament reg dropping of revision of pension / updation of pension
But recently smt nirmala sitharaman signed the papers
As you know within a month time from the date of gazette notification these papers should have been kept on the table in parliament both houses.
If this case is won in the court the revised pension should be paid .
Let us hope the case will be won.
KLRao
K L Rao
================================
UNQUOTE:
PS:
BETRAYALS BY THE WORKING UNIONS' LEADERSHIP
"తిలా పాపం ... తలా పిడికెడు ..... "
https://drive.google.com/file/d/1gYJKWpVB-Dvxuly4JP7_8ZS-oEvAHNaK/view?usp=sharing
AMONG THOSE WHO EXPRESSED ANGUISH, I ANNEX HERE THE COMMUNICATION DATED 06 02 2021 ADDRESSED TO SMT. NIRMALA SITHARAMANJI, OUR HON'BLE FINANCE MINISTER BY SRI DEVADASS GARU OF SBI FROM PALANI (Tamilnadu)
PLEASE GO THROUGH THE CONTENTS APPENDED IN MY FOLLOWING LINK:
https://drive.google.com/file/d/1_tG1v5AYo3U6ML2lFggwC4UyYo3uid22/view?usp=sharing
I CONGRATULATE AND COMPLIMENT SIR DEVADASS GARU FOR HIS LAUDABLE EFFORTS....
--
d s murti