My Dear Friends,
IMPROVISATION IN SERVICE CONDITIONS THROUGH THE GOVERNMENTS' CONSTITUTED COMMITTEES LIKE DESHAI, SHASTRI, PILLAI etc. ALONE HAVE BROUGHT US THE MAJOR BENEFITS.
IBA-UFBU NEXUS HAS ALWAYS BEEN OVER RIDING THE PENSION REGULATIONS IN THE GUISE OF BIPARTITE SETTLEMENTS - BE IT ANOMALIES LIKE � % DA NEUTRLISATION, , 2nd. PENSION OPTION- RESIGNEES, SPECIAL ALLOWENCE FARCE etc.
THUS WE CAN AS WELL GET RID OF THE IBA-UFBU NEXUS WHO ALWYAS INDULGE IN MANUPULATIONS DETRIMENTAL TO THE REITIREE FRATERNITY - A PROVEN HISTORICAL TRUTH SINCE THREE DECADES.
WHAT ALL THE MONETARY BENEFITS WE SECURED ARE ONLY THROUGH LEGAL VERDICTS & NOTHING THROUGH NEGOTIONS
EVEN WE ARE HELPING THE RETIREE ORGANISATIONS TO COME OUT OF THE CLUTCHES OF UFBU & HAVE A DIALOUGUE WITH A STATUTORY BODY DIRECTLY.
RETIREE ORGANIZATIONS SHOULD THANK US. THAT WAY WE ARE FIGHTING THEIR BATTLE ALSO.
I forward my following communication. Contents are SELF-EXPLICIT
✴️QUOTE✴️
A FERVENT APPEALS TO OUR HON’BLE PRIME MINISTER: SRI NARENDRA MODIJI & HON'BLE FINANCE MINISTER SMT. NIRMALA SITHARAMANJI ....✴️✴️✴️
To:
Sri Narendra Modi,
Hon'ble Prime Minister of India,
Panchavati 7 , Lok Kalyan Marg, New Delhi
narendramodi1234@gmail.com
Smt. Nirmala Sitharaman,
Hon'ble Finance Minister of India
15, Safdarjung Road,N ew Delhi.
nsitharaman@gmail.com
Hon'ble sir/ Madam,
SUBJECT:
REQUEST TO CONSTITUTE A SEPARATE "BANKING PAY COMMISSION" IN REPLACEMENT OF THE EXISTING BIPARTITE SYSTEM.
WE THE SENIOR BANK RETIREES ARE HARD HIT BY INFLATION - LAMENTING IN SOLITUDE FOR OVER THREE LONG DECADES
✴️✴️✴️✴️
Respected Sir/ Madam,
At the outset, I take pleasure to introduce myself as D. Srinivasa Murti (s/o late Devulapalli Subrahmanya Sastri ) aged about 74 years, retired as Manager (Middle Management from the earstwhile Syndicate Bank before the merger)- one of the premiere Banking Institutions in the Public Sector . It was the only bank that took its birth in a remote rural village way back, in 1925 catering to the needy rural community.
I feel proud to be identified as its retired employee with about 30 years of active service since 1972 (Emp.No.127259) till my retirement in 2001
WE ARE INDEED HARD-HIT BY INFLATION. OUR MONTHLY PENSION HAS BEEN REMAINED STATIC SINCE THE DAY WE RETIRED FROM THE SERVICES THREE DECADES AGO.
DURING THIS INTRUGNUM PERIOD, THE SALARIES OF THE WORKING BANK EMPLOYYES HAVE BEEN REVISED FIVE TIMES .
IN FURTHERANCE OF THE SETTLEMENT (SIGNED UNDER THE ID ACT) DATED 29th. OCT.1993 BETWEEN THE BANK MANAGEMENTS REPRESENTED BY “IBA” AND THE UNIONS REPRESENTING THE EMPLOYEES – “PENSION REGULATIONS OF 1995” ( WITH THE PRIOR APPROVAL THE PARLIAMENT), WERE ADOPTED BY ALL THE BANKS. THESE REGULATIONS WERE FORMULATED ON SIMILAR LINES TO THE ONE PREVAILING IN THE RESERVE BANK OF INDIA, A SPECIFIC MENTION WAS ALSO MADE IN THE REGULATIONS ITSELF.
THUS, THESE REGULATIONS FORM PART AND PARCEL OF THE SETTLEMENT SIGNED UNDER THE INDUSTRIAL DISPUTES ACT - A STATUTORY PROVISION. THE PARTIES TO THE ABOVE SETTLEMENT HAVE NO AUTHORITY, WHATSOEVER, TO ALTER / MODIFY THE TERMS / PROVISIONS OF THE SETTLEMENT ALREADY INCORPORATED AS ABOVE, SUBSEQUENTLY AT A LATER DATE.
It is unfortunate sir, to bring it to your kind notice that neither the bank Managements represented by the IBA, nor the unions represented by UFBU have been serious to resolve our burning issues despite our hue and cry through various forums. In fact, they both have gone to the extent of saying that – we the retires cease to have any relationship with the employers and have no contractual obligations whatsoever and refused to have any dialogue with the organisations representing us for the redress of our legitimate grievances stated supra, vide their “Record Note” dated 25th May, 2015, which reminds us of the historical “Magnacarta” signed by themselves , to leave our fates to destiny forever.
Your Honour will please observe the inordinate delay in the Bipartite mechanism being followed in the Public Sector Banks:
TIME LINE HISTORY OF BIPARTITE SETTLEMENTS
=============================== BP# From To Days ----------------------------------------------
ɪ ɪ1Jan66 19Oct66 291
ɪɪ 01Jan70- 12Oct 70 284
ɪɪɪ 01Nov78 - 01Aug79 334
ɪᴠ 01Jul84 28 - Nov 87 960
ᴠ 01Nov87 - 10Apr89 540
ᴠɪ 01Nov 92 - 14Feb95 840
ᴠɪɪ 01Nov97- 27Mar2000 870
ᴠɪɪɪ 01Nov02- 02Jun2005 943
ɪx 01Nov07 - 07Apr2010 908
x 01Nov12- 25May2015 935
xɪ 01ɴᴏᴠ17 - 11Nov22 1811
xɪɪ 01 11 22?? ɢᴏᴅ ᴏɴʟʏ ᴋɴᴏᴡꜱ
=============================
If you try to look at the past Sir/Madam,.......
Only the PCR Recommendations (Committee constituted by GOI), brought a sea change in the service conditions of the Bank Officers.
This is besides many other committees constituted by the Governments in the past resulted to bring improvisations in the service conditions of the bank employees at large in the form of various “awards “ like DESHAI & SHASTRI AWARDS over a period of time. Let us not, therefore, lose sight of these historical facts Sir.
IN THE BACKDROP OF THE ABOVE SCENARIO........Under the given circumstances, time has come for us- we the retirees, To urge the Government to set up a---
"Banking Pay Commission" - the only ultimate recourse, for all of us- as we do will have, a "statutory body of authenticity" to whom we can represent for the redress of our legitimate grievances directly through our organisation/s with dignity and decorum.
Thus we can as well eliminate the “manipulations” at the behest of IBA/Unions during the negotiations which are very much detrimental to the interests of the bank retirees as stated supra.
Sir, in my six decades of active life, I have come across only two statesmen as Prime Ministers of our nation - viz: Late Lal Bahadur Shastriji and the next being, none but yourself who have kept the priorities of the nation at high esteem with firm conviction and determination to be the trend-setters as leaders by example.
https://www.youtube.com/watch?v=Cmdl9V7Yl98
HON'BLE SIR/MADAM, MANY OF OUR ESTEEMED COLLEAGUES ALREADY ATTAINED FOR THEIR HEAVENLY ABODE AND WE STILL WAITING FOR OUR TURN TO MEET THEM WITH "ONE FOOT IN THE GRAVE !!"
I THEREFORE, VOLUNTEERED TO PLACE BEFORE YOU SIR/MADAM, THE GRIEAVANCES AS DETAILED ABOVE, AND SEEK YOUR BENEVOLENT INTERVENTION TO BRING US THE SOLACE WITH FOLDED HANDS - "SOS"
With the Divine blessings of Matha Kanaka Durga abode इन्द्रकीलाद्रि - विजयवाद Indrakeeladri- Vijayawada, we eagerly look forward to your kind intervention 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.
WITH GREETINGS / REGARDS
| यतो धर्मस्ततो जयः || IS THE ULTIMATE .
I remain – Yours Sir/ Madam ,
దేవులపల్లి శ్రీనివాస మూర్తి
"Sai Kunj "
H No 8-7-92/Lkc/104&105
Lakshmi Narasimhapuram colony
Hastinapuram North. Nagarjunsagar Road
HYDEREBAD 500 0799
989318300