READ THE WRITINGS ON THE WALL - THE INDELIBLE HISTORICAL FACTS
ALL KERALA BANK RETIREES FORUM (AKBRF - Affiliated to NCCPA) HAS RECENTLY SAUGHT CLARIFICATION FROM Mr. CH. VENKATACHALAM, Genl. Secy. IN THE WAKE OF......
AIBEA'S FOLLOWING SABOTAGE ACTIVITIES IN COLLUSION WITH "HIS MASTER" THE IBA
✴️ 01. WAY BACK SINCE 1971, AIBEA SABOTAGED RBI EMPLOYEES AGITATION FOR INTRODUCTION OF PENSION SCHEME AS 3rd. RETIRAL BENEFIT AS AVAILALE IN SBI. BACK STABBED RBI EMPLOYEES
✴️ 02. AIBEA WAS OPPOSING EVEN FOR SECOND OPTION INITIALLY. TOEING IN LINE WITH IBA & ACCEPTED CERTAIN ABNOXUS CLAUSES AS INSISTED BY IBA MUCH AGAINST THE WISHES OF THE OTHER CONSTUTUENTS OF UFBU.
THUS RETIREES HAD TO PAY A VERY HEAVY PRICE - PF AMOUNT WAS RECOVERED WITH INTEREST RETROSPECTIVELY FROM THE RESPECTIVE DATES OF RETIREMENT, BUT PAID BELATEDLY WITH PROSPECTIVE EFFECT. A GLARING SABOTAGE DONE TO ALL THE 2nd. OPTEES.
✴️ 03. AIBEA HAD EVEN WORKED HAND-IN-GLOVE WITH IBA FOR THE UN-WARRENTED DELAY IN FAMILY PENSION SUPPORTING IBA'S FALSE CLAIM OF THE PROJECTED COST LOAD OF ₹26,000 Cr. & THEN ₹.6000 Cr. AS AGAINST ₹.900 Cr. IN THE REALISTIC TERMS
✴️ 04. A GLARING INJUSTICE DONE TO THE BANK EMPLOYEES AS A WHOLE IN SPECIAL ALLOWENCE COMPONENT IN BOTH X & XI BIPARTITE SETTLEMENTS
" AIBEA has been adamant in it's stand that even a paltry revision of pension is fraught with alarming consequences
This unfortunate contention has found its echo in 10th and 11th settlements in order to negate the due benefits in the days to come by loading only 2% with Basic Salary and the balance increase of about 13-15% with outof purview of superannuation benefits ."
✴️ 05. AS IN THE PAST, EVEN AIBEA HAS BEEN REPEATEDLY ECHOING " HIS MASTER'S VOICE " OF THE HEAVY COST LOAD FOR REVISION OF PENSION ON RBI LINES & SUPPORTING OUT&OUT UNHOLY BIFURCATION OF RETIREES ON PENSION REVISION ISSUE TOO.
✴️ 06. ITS KNOWN TO EVERYONE AS TO HOW IBA & AIBEA NEXUS SABOTAGED THE LEGAL PROCEEDINGS AT THE SUPREME COURT IN 100% DA CASE IN COLLUSION WITH THE CROOKED LEADERSHIP OF AIBRF.................. AN INDELIBLE HISTORICAL TRUTH.
THE ABOVE FACTS, OVER THE YEARS, PROVE BEYOND ANY DOUBT THAT THE BIPARTITE SYSTEM IS THOROUGHLY ABSUED BY AIBEA SIMPLY BECAUSE OF IT'S BRUTAL MAJORITY OVER ALL THE OTHER CONSTIUENTS OF UFBU. THIS HAS BECOME HANDY TO THE IBA TO MAKE AIBEA AS IT'S "PAMPERED BOY " TO BARTER AWAY THE LONG TERM INTERESTS OF THE WORKING WORKING CLASS FOR PALTRY & TRIVIAL SHORT TERM GAINS...
GLARING EXAMPLE:-
Allocation of mere 2% raise in the Basic Pay Component leaving 13% - 15% out side the purview of super annuation benefits like Gratuity, PF, Pension .
Thus newly invented "Special Allowance " was made intentionally outsude the purview of the super annuation benefits.
This has ultimately resulted in the drastic reduction in Pension Basic fixation from the original 50% of the last drawn Basic Pay as envisaged in the Pension Regulations to mere 35% (approximately) in the latest concluded XI Bipartite Settlement.
THUS, OVER THE YEARS, BIPARTITE SYSTEM HAS BEEN SYSTEMATICALLY ABUSED MUCH DETRIMENTAL TO THE COLLECTIVE LONG TERM INTERESTS OF THE ENTIRE WORKING CLASS BY THE CUNNING IBA WITH THE HELP OF THE AIBEA LEADERSHIP TAKING ADVANTAGE OF IT'S BRUTAL MAJORITY.
IN THIS PROCESS ALL OTHER CONSTITUENTS OF UFBU HAVE BEEN MADE MERE MUTE SPECTATORS AS RIGHTLY OBSERVED BY NONE LESS THAN "BEFI" WHO KEPT THEMSELVES "AWAY & ALOOF " FROM THE RECENTLY HELD XII BP SETTLEMENT.
THIS THE MAIN REASON AS TO WHY I HAVE BEEN ADVOCATING TO CONSTITUTE A PERMENT "BANKING PAY COMMISSION" IN REPLACEMENT OF THE EXISTING REDUNDENT BIPARTITE SYSTEM.
THE FOLLOWING ANNEXED COMMUNICATION VOUCHSAFE MY VIEW POINT.
IN THIS CONTEXT, I APPEND HERE THE COMMUNCATION DATED 08 09 2022 ADDRESSED BY THE FORUM OF BANK PENSIONER ACTIVISTS, PRAYAGRAJ. CONTENTS ARE SELF- EXPLICIT
✴️QUOTE✴️
फोरम आफ बैंक पेंशनर एक्टिविस्टस्
Forum of Bank Pensioner Activists
PRAYAGRAJ
न त्वहं कामये राज्यं न स्वर्गं नापुनर्भवम्।
कामये दुःखतप्तानां प्रणिनामार्तिनाशनम्॥
।। धन्य: अस्मि भारत्वेन ।।
S O S CALL TO ALL WORKING PSBs BANK EMPLOYEES/ OFFICERS:
Such decisions, which were wrong and suicidal, could have been avoided had the tradition of struggle not been abandoned. In the last two decades 'compromise' has become synonymous with weakness. What happens next depends a lot on how bank employees and officials evaluate the situation, what decisions they take. Bankmen look to the current situation from prevalent perspective of 'Sab chalta hai' or take due cognizance of dire future consequences and take requisite actions.
As far as Union Leaders are concerned, we would like to clarify the position that the leaders of all the three big unions, i.e. AIBOC, AIBEA, NCBE, do not have the moral courage to accept the truth, admit their mistakes and apologize to the working & retired bank employees. In fact they are real culprits of entire Banking fraternity.
It would be futile to harbour any misconception about them. They will not change their behavior. They clearly justify their decisions.
Pensioners were put in the dock for going to courts, while people were forced to go to courts, because their disputes were unheeded by the Unions. Even today, their views on the pending proceedings in the courts regarding pension revision, special allowance, gratuity, resignees are clear. The unions consider court cases to be wrong and the unions are standing with the IBA/Banks in these cases. Even the unions withdrew from helping smooth implementation of the Supreme Court judgment and people had to resort to contempt.
Instead of admitting their mistakes, leaders arrogantly waste time justifying themselves. Leaders have taken the hypocrisy of being right and proficient in every subject to the point of ecstasy. Now there are no leaders in bank unions who dared to admit their mistakes, listen patiently to their criticisms and move forward without prejudice or malice.
Such a phase ended with Tarakeswar. With him a golden era of AIBEA & broadly speaking Bank employees movement came to an end. It was an era of conflicts, of contradictions, of changes, of achievements and ultimately of reconciliation. This period was of multi-unions and their mutual tussle. In this era the leaders were connected to the ground and listened to the people sitting on the ground, used to learn from them.
Everything has changed now. The leaders are working on imported intelligence and this imported intelligence they take from the policy makers of the opposing camp, that is, from the IBA. They have no vision of their own. There is no formula for their product. They are still on such a worn track, which has become timeless. Bullet train cannot run on this track. Today banking has become a bullet train, but there has been no innovation in the field of operations. Simply put, today's leadership has become a part of the IBA think-tank. The interest of the banks is being served by sacrificing the interests of bank personnel in every decision.
The attitude of the leaders is of "the king does no wrongd". They never scrutinize or introspect their decisions. The dictator also never reviews, scrutinizes or reconsiders his decisions. No dictator was seen reconsidering or changing his decision. The merit of a dictator is that he is right in himself and what he does is the right and final truth. But mistakes, those spots do not fade in spite of the change of time and circumstances. History makes them shine.
Bank union leaders believe it or not, mistakes have been made by them. A one-time mistake can be overlooked, but a deliberate mistake is another mistake to ignore. One more thing! It is great to ignore one's mistake, but to ignore one's intentional mistakes is a crime. The practice of ignoring the mistakes of the leaders by the bank employees has today made the leaders the emperor of mistakes.
The question is also what should be done in such a situation? Unions are the driving force of change, their staying strong is an inevitability.
The disorders that have arisen in this have arisen because of the flaws of the leaders. The flaws can be corrected. If the parts wear out, spurious parts are found, the mechanic replaces them. In other words, catch the shark and throw it out of the sea. At present, the bankers remain soft bait for these fish. The simple way is to keep the bankmen away from these fish. When close, they will swallow. So don't go near them.
In plain words, the Bankmen should consider whether they should attend the meetings, their programs of such leaders or not. To support or oppose. Whether to be a part of their movements or not. Be careful, every movement is masked in the name of the bank workmen, but at the culmination, the interests of the Bankmen are lost, the agenda of the IBA becomes successful.
Bank employees and officers should think seriously. They still have to serve the banks for years. What will happen to the pension of those who are pensioners & in job? What will happen to gratuity, commutation, leave encashment etc? Special Allowance is eating it all. DA is likely to go off scene. What will happen? We are giving the future results of both of them below. Obviously, in future the pensioners will have to lead a cursed life. We are in trouble today but they will be in more trouble tomorrow.
(J. N. Shukla)
National Convener
8.9.2022
9559748834
Encl:
Look at the DA per slab agreed
in last few settlements;
8th BS from Nov'2002- 0.18%
9th BS from Nov'2007- 0.15%
10th BS from Nov'2012- 0.10%
11th BS from Nov'2017- 0.07%
Future projection on above trend:
12th BS from Nov'2022- 0.04%
13th BS from Nov'2027- 0.00%
FROM NOV. 2027
THERE WILL BE NO DA ?????
SPL ALLOWANCE CHART
FROM 1.11.2012 7.75-11.5% of BP
FROM 1.11.2017 16.4% of BP
FROM 1.11.2022 33/34% of BP approx
FROM 1.11.2027 60/62% of BP "
FROM 1.11.2032. 80+% of BP. "
FROM 1.11.2037. 90-100 of BP. "
PENSION DILUTION CHART
(due to Special Allowance)
UPTO 31.10.2012 50%. Actual
FROM 1.11.2012 45.5%. Actual
FROM 1.11.2017. 41.8%. Actual
FROM 1.11.2022. 34/35% approxi
FROM 1.11.2027 20/22% approxi
FROM 1.11.2032. 10/12% approxi
✴️UNQUOTE✴️
TRUTH IS LIKE FIRE... WE ARE NOT "SHEEP" & BLIND FOLLOWERS OF THE ERRING LEADERSHIP..... READ THE WRITINGS ON THE WALL - THE INDELIBLE HISTORICAL FACTS.
నిజం నిప్పలాంటిది... నిజాయితీ కొఱవడిన నాయకుల మీద గుడ్డి నమ్మకం తో ఆత్మవంచన చేసుకోవద్దు ..._
With the Divine blessings of Matha Kanaka Durga abode इन्द्रकीलाद्रि - विजयवाद Indrakeeladri- Vijayawada, to bring solace to the grief-stricken hearts of the bank retirees in general and the SUPER SENIORS IN PARTICULAR only in the sole interest of justice & fair play.
||यतो धर्मस्ततो जयः||
I remain – Yours ,
దేవులపల్లి శ్రీనివాస మూర్తి
DEVULAPALLI SRINIVASA MURTI Flat # 102 "Sai Kunj " Lakshminarasimhapuram Colony ,Hasthinapuram North - Hydearbad
Cell :9989318300,
09 09 2022