MY DEAR FRIENDS,
LET THE WORKING UNIONS AND THEIR RETIREE OUTFITS START THINKING DOWN TO EARTH AT LEAST HENCEFORTH !!! ...
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REFERRING TO THE ABOVE, YOUR KIND ATTENTION IS INVITED TO MY EARLIER COMMUNICATION ON THE CALENDER OF EVENTS REVISION OF PENSION + FP + 100% DA (pre-2002 retirees) AS ENUNCIATED IN THE FOLLOWING LINK:
LET THE WORKING UNIONS AND THEIR RETIREE OUTFITS START THINKING DOWN TO EARTH AT LEAST HENCEFORTH !!! ...
TIME HAS RIPENED TO PAY FOR THEIR SINS TOWARDS THEIR RETIREE BRETHREN FOR OVER THREE DECADES....
IF THE INDIVIDUAL FEDERATIONS / UNIONS REFUSE TO FALL IN LINE WITH THE PLANNED AGENDA CONCERNING THE RETIREES AS ENVISAGED BY THE GOVT., CERTAINLY IBA WILL ADVISE ITS MEMBER BANKS TO ADOPT THE DRAFT RESOLUTION IN THEIR RESPECTIVE BOARDS & CAUSE FOR IT'SGAZETTE NOTIFICATION BY THE DFS/MOF FOR THE AMENDMENT OF THE PENSION REGULATIONS ACCORDINGLY.
THAT'S HOW THE WORKING UNIONS GAVE THEIR FORMAL CONSENT DURING THE PROCEEDINGS OF THEIR MEETING WITH IBA COMMITTEE ON 22 07 2021 WITHOUT EVEN DELIBERATIONS & DISCUSSIONS OVER THE PENSIONERS' ISSUES.
NOTWITHSTANDING THE ABOVE, A STATUTORY OBLIGATION IS ALSO CAST UPON RBI AS AND WEHN THE BANK'S BOARD SENDS ITS SCHEME OR AMENDEMENT FOR SAID RBI'S CONCURENCE IN TERMS OF THE MANDATE UNDER SEC.19 OF THE ACT.5 OF 1970 / 1980
THUS, THE MDs AND CEOs OF THE BANKS WOULD NOT WAIT FOR UNIONS' CONSENT, IF THE PROPOSAL IS VETTED AND APPROVED BY DFS.
THUS BANK CEOs ARE NOT THAT WEAK AND UNIONS WOULD LOSE THEIR CREDIBILITY & RESPECT (IF AT ALL STILL EXISTS ! )
GOVERNMENT IS COMMITTED TO SETTLE PENSIONERS ISSUES BY IGNORING THE UNIONS / FEDERATIONS.
THIS BEING THE HARD REALITY, ... LET US HOPE FOR THE BEST.
WE ARE VERYMUCH THANKFUL TO OUR HON'BLE PRIME MINISTER & HON'BLE FINANCE MINISTER WHO TOOK INITIATIVE FOR OUR CONCERN. WE ARE DEEPLY INDEBTED TO BOTH THE DIGNATARIES IN THIS REGARD.
THIS IS POSSIBLE BECAUSE OF THE INITATIVE TAKEN BY A FEW INDIVIDUALS WHO COULD ESTABLISH DIRECT ACCESS WITH THE ABOVE DIGNITARIES TO EXPLAIN AND IMPRESS UPON THEM AS TO OUR BURNING ISSUES.
LAST BUT NOT THE LEAST......
THE BIPARTITE SYSTEME HAS BEEN REDUCED TO A MOCKERY OVER A PERIOD OF TIME WITHOUT ANY TIME BOUND SCHEDULE. THE FIGURES SPEAK BY THEMSELVES:
Delay in All the Bipartite Settlements
BP No. Dt. of Effect Dt. of Settlement Delay in days
01. 01 01 1966 19 10 1966 291 Days
02. 01 01 1970 12 10 1970 284 Days
03. 01 09 1978 01 08 1979 334 Days
04. 01 07 1984 17 09 1984 078 Days
05. 01 11 1987 10 04 1989 526 Days
06. 01 11 1992 14 02 1995 835 Days
07. 01 11 1997 01 01 2000 791 Days
08. 01 11 2002 01 06 2005 943 Days
09. 01 11 2007 07 04 2010 908 Days
10. 01 11 2012 25 05 2015 935 Days
11. 01 11 2017 11 11 2020 1,106 Days
MORE THAN THE IMPROVISIONS IN SERVICE CONDITIONS, THE ONLY MAJOR ACHIEVEMENT COULD BE NOTICED IN THE AREA OF ARREARS COMPONENT (ONE TIME BENEFIT) FOR THE EMPLOYEES & LEVY THEREON FOR THE UNIONS CONSISTENTLY.
MORE THAN THE IMPROVISIONS IN SERVICE CONDITIONS, THE ONLY MAJOR ACHIEVEMENT COULD BE NOTICED IN THE AREA OF ARREARS COMPONENT (ONE TIME BENEFIT) FOR THE EMPLOYEES & LEVY THEREON FOR THE UNIONS CONSISTENTLY
WHERE AS IN CONTRAST, ONLY THE PCR RECOMMENDATIONS (PILLAI COMMITTEE )CONSTITUTED BY THE GOVERNMENT BROUGHT A SEA CHANGE IN THE SERVICE CONDITIONS OF THE BANK OFFICERS.
THIS IS BESIDES MANY OTHER COMMITTEES CONSTITUED BY THE GOVERNMENTS IN THE PAST ALSO RESULTED TO BRING MAJOR IMPROVISATIONS IN THE SERVICE CONDITIONS OF THE BANK EMPLOYEES AT LARGE IN THE FORM OF VARIOUS "AWARDS" OVER A PERIOD OF TIME.
LET US NOT THEREFORE, LOSE SIGHT OF THESE HISTORICAL FACTS. FOR MORE DETAILS, CLICK THE FOLLOWING LINK:
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
IN THE BACKDROP OF ABOVE SCENARIO........ UNDER THE GIVEN CIRCUMSTANCES, WE THE RETIREES , TO URGE THE GOVERNMENT TO SET UP A - "BANKING PAY COMMISSION" - THE ONLY ULTIMATE SOLUTION FOR ALL OF US (SERVING / RETIRED) AS WE DO WILL HAVE A "STATUTORY BODY OF AUTHENTICITY" TO WHOM WE CAN REPRESENT FOR THE REDRESSAL OF OUR LEGITIMATE GRIEVANCES DIRECTLY - EITHER INDIVIDUALLY OR ORGANISATIONALLY WITH DIGNITY AND DECORUM TO ENSURE JUSTICE & FAIR PLAY WITH MORE TRANSPERANCY
THUS WE CAN ALTOGETHER ELIMINATE THE PROBABLE "MANUPULATIONS " BY THE LEADERSHIP AT THE NEGOTIATED SETTLEMENTS ... PLEASE THINK IT OVER ....
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ACKNOWLEDGMENTS
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I CONGRATULATE & THANKFULLY ACKNOWLEDGE ALL MY FRIENDS ( *20,605* ) WHO REGISTERED THEIR FEEDBACK TO ENABLE THE AUTHORITIES CONCERNED TO TAKE NOTE OF THE SAME AND TO ACT SWIFTLY TO UNDO THE DAMAGE CAUSED TO THE INNOCENT RETIREES FOR OVER THREE DECADES !!!
LIST OF THE SIGNATORIES AS ON 09 08 2021 & THEIR COMMENTS ARE ANNEXED TO MY PETITION IN THE FOLLOWING LINK:
https://docs.google.com/spreadsheets/d/1AeFQDVDJAgf3t9RikhoiKCKCIureacDz8AE9K3up3_U/edit?usp=sharing
CONTENTS ARE SELF EXPLICIT
Regards & Greetings,
“|| यतो धर्मस्ततो जयः ||”
IS THE ULTIMATE......
దేవులపల్లి శ్రీనివాస మూర్తి
Devulapalli Srinivasa Murti
08 08 2021
Vijayawada 521108