WHEN BIPARTITE SYSTEM VIOLATE THE LAW OF THE LAND -BANKING PAY COMMISSION BECOMES IMMINENT SUBSTITUTE

17 FEB 2023 — 

IBA'S DOCTRINE VIDE Ref.PD/CIR/76/G(ii)1905 DATED         31 03 1994 CLARIFIES AS TO THE EXISTENCE OF PENSION UPDATION ON RBI LINES (ANNEXURE- III) .

MINUTES OF THE SMALL COMMITTEE FOR FORMULATING THE PENSION REGULATIONS IS THE FINAL AGREEMENT ON PENSION SCHEME:

https://drive.google.com/file/d/10zkOPPWNalsqCMIXq9R8ixuschnL2Deg/view?usp=drivesdk

                   AND

https://drive.google.com/file/d/1rdn3dxE7LOGKpT3lO9b8OvAYoM3jT6We/view?usp=drivesdk

THIS WAS ALSO REITERATED WHEN ONE MORE OPTION FOR PENSION WAS OFFRED SUBSEQUENTLY AFTER THE IMPROVISATION MADE TO THE ORIGINAL PENSION SCHEME BY DELETING THE "FORFEITURE CLAUSE FOR PARTICIPATION IN STRIKE" 

IN THE ABOVE BACKDROP ALONE, IBA HAS NOW TESTIFIED BEFORE THE GOVERNMENT SAYING - "THE COMMITTEE SETUP TO LOOK INTO THE MATTER OF PENSION UPDATION OF PSBs - HAS SUBMITTED ITS REPORT TO THE HON'BLE SUPREME COURT - AND THUS THE MATTER IS STILL SUB-JUDICE" 

THIS IS WHAT EXACTLY ANSWERED BY THE MINISTRY WHILE REPLYING ON THE FLOOR OF THE HOUSE IN THE PARLIAMENT ON 13 02 2023 TO THE QUESTION RAISED BY DR. RAVIKUMAR, OUR HON'BLE MP FROM VILLUPURAM - TAMIL NADU

CONTRARY TO THE SPIRIT OF THE ORIGINAL PENSION SCHEME AS EXPLICITLY MADE IT CLEAR ABOVE, A " SAFETY - CIRCUIT-BREAKER - CLAUSE " WAS DELIBERATELY & CLANDESTINELY INSERTED SAYING - "ANY CHANGES TO BE MADE ONLY AFTER MUTUAL DISCUSSION... "  A CALCULATIVE "PRE-EMPTIVE MOVE"  ON THE PART OF IBA AT THAT POINT OF TIME AGAINST ANY POSSIBLE FUTURE DEMAND FROM THE RETIREES.

THUS, BY TAKING SHELTER UNDER THE ABOVE "SAFETY CIRCUIT-BREAKER CLAUSE", IBA & UFBU NEXUS HAS NOW HATCHED A GAME PLAN TO AVOID RBI-PATTERN OF PENSION REVISION "BY HOOK OR CROOK"

THIS HAS ALREADY BEEN INDICATED DURING THE VERY FIRST CLC CONCILIATION PROCEEDINGS HELD LAST YEAR AT NEW DELHI ON          01 07 2022 ITSELF. THEY HAVE BEEN HECTICTLY WORKUNG OUT SINCE THEN TOWARDS THEIR ILL-CONCEIVED GOAL FOR A PROPOSAL WORKED OUT TO DENY RBI PATTERN OF PENSION REVISION TO PRE-2002 RETIREES TO START WITH.

IN FACT , AS A PRE-EMPTIVE MOVE AIBEA HAD LONG BACK HATCHED THIS GAME PLAN AND CAME OUT SUMOTO WITH AN INFERIOR PLAN & MULTIPLYING FACTORS FOR PSB RETIREES WHEN PENSION REVISION WAS RESTORED FOR RBI RETIREES THREE YEARS AGO.

PLEASE CLICK THE LINK FOR MY REJOINDER DATED 20 04 2019 AGAINST AIBEA'S NASTY GAME PLAN AT THE BEHEST OF IBA.

https://drive.google.com/file/d/1hNCjTcGdXyv3xd0aL7WEFxhHVCZ2EIgE/view?usp=drivesdk

OVER THE YEARS, ONLY TO COUNTER THIS CONSPIRACY, WE HAVE BEEN FIGHTING OUT FOR PENSION REVISION ON RBI PATTERN WHICH IS WELL WITHIN THE AGREED NORMS.

 STILL TO DENY THE SAME BY " READING IN BETWEEN THE LINES" IS UNBECOMING ON THE PART OF IBA-UFBU NEXUS & THEIR MANAGEMENT PROXIES IS TOTALLY UNFAIR , ILLOGICAL & ILLEGAL AND NOTHING BUT "STABBING US FROM BEHIND OUR BACK". 

THE FOLLOWING STATEMENTS REITERATE MY ABOVE OBSERVATIONS BEYOND ANY DOUBT:

✴️QUITE✴️

"..... SINCE THERE IS FORWARD MOVEMENT IN DISCUSSIONS AND NEGOTIATIONS WITH REGARD TO PENSION REVISION, OUR COMMUNE STRONGLY BELIEVES THAT " PENSION REVISION " WOULD CERTAINLY HAPPEN AND IS A REALITY VERY SOON. IT'S REITERATED THAT THERE IS MINIMUM SCOPE FOR SOLUTION THROUGH THE COURTS. MEMBERS ARE REQUESTED TO IGNORE ALL COMMENTS AND WRITINGS WHICH ARE INTENDED TO PROJECT THEMSELVES AS WARRIORS , CRUSADERS AND PROTECTORS OF BANK RETIREES , EVENTHOUGH THEY ARE NOT. IN FACT, THEY ARE HARMING THE INTEREST OF BANK RETIREES. EVEN FORWARDING MESSAGES SUBSTANTIATING PENSION REVISION ON THIS GROUND WOULD ONLY HARM THE INTERESTS OF THE BANK PENSIOERS."

- Com. C N PRASAD GS: SBI RETIREES ASSN & EDITOR - SBM COMMUNE'S HOUSE JOURNAL - "SHATAYU"

✴️UNQUOTE✴️

WHEN THE TRUE TRADE UNION LEADERS - LATE LEGENDS VIZ: COMRADES PARVANA & PRABHATKAR etc., OF THE YESTER YEARS WERE SUCCEEDED BY... SOME BROKERS OF TRADING UNIONS AS OF NOW??!!. THAT HAS ULTIMATELY RESULTED IN DEGENERATION  WITH LACK OF SINCERETY AND COMMITMENT TOWARDS THEIR OWN WORKING CLASS BRETHERN

Click my Audio link for more clarity......

https://youtu.be/GHM5FCzTREk?si=YkvlYR80BHEiu0Hs

LIST OF ANOMALIES CREATED DURING THE SO CALLED "BPS"  IN THE PAST:

✴️1616-1684 & 100% DA ANAMOLY            OF PRE-2002 RETIREES,

✴️ DENIAL OF 5- YEAR NOTIONAL              SRVICE FOR VRS OPTEES,

✴️  RECOVERY @ 156% FROM THE            SECOND OPTEES WITH INTEREST,

✴️ DENIAL OF COMMUTATION                     ARREARS TO PRE-2002,

✴️ DENIAL OF PENSION FOR THE               RESIGNEES,

✴️ SPECIAL PAY NOT  TAKEN                      FOR COMPUTATING THE                        BASIC  PENSION   FROM 8BPS

 ✴️ PENSION REVISION TO ALL                   UNDER RBI PATTERN

 WE SECURED MANY OF THE ABOVE ONLY THROGH LEGAL FIGHT WITH ARREARS + INTEREST IN MEJORITY OF THE CASES CITED ABOVE.

NONE OF THE SO CALLED SELF- CLAIMING BIG RETIREE ORGANISATIONS HAVE EVER FOUGHT & SECURED THE ABOVE BARRING SOME ACTIVE INDUVIDUALS IN MANY A CASE.

ON THE CONTRARY, THE NOTORIOUS LEADERSHIP OF AIBRF HAD EVEN GONE TO THE EXTENT OF SABOTISING OUR 100% DA LEGAL FIGHT AT THE SUPREME COURT SHAMELESSLY  LIKE GENDERLESS "SHIKHANDI"  OF OUR EPIC "MAHA BHARATHA"  IN CONNIEVENCE WITH IBA-AIBEA NEXUS ... SHAME!! SHAME!!  SHAME!!

THUS, BY AND LARGE, ALL THE BIPARTITE SETTLEMENTS  HAVE BEEN PROVED AS FUTILE AND IN THE GROSS VIOLATION OF THE LAW OF THE LAND 

HENCE WE DEMAND BANKING PAY COMMISSION TO SET AT KNOT THIS MENACE  & FARCE AT THE BEHEST OF THE IBA-UFBU NEXUS ONCE FOR ALL IN THE INTEREST OF THE POSTIRITY....

With the Divine blessings of Matha Kanaka Durga abode इन्द्रकीलाद्रि - विजयवाद Indrakeeladri- Vijayawada, let us hope 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 ||

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 17 02 2023