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Thursday, October 18, 2018

Good News For Bank Retirees

Very important & useful information for all bank retirees who have opted for Mediclaim Insurance coverage..........

Sharing as received :

Delhi HC : Mediclaim Insurance Policy A & B : Writ Petition ( Civil ) No 264/2018 : Manohar Lal & Others Vs SBI & UIIC : In the Court of Hon’ble Mr Justice Vibhu Bakhru ( Court No 14 ) : As already Informed Writ was filed by our team on 10.01.18 & it was placed before the Hon’ble Court today at 12.34pm

Our Counsels pleaded that as per Guidelines for IRDA : Health Insurance Cover :  circulated vide Gazette Notification dated 16/07/17 ( page no 35 ) ‘ Premium on Health Cover for Senior Citizens has to be Fixed for initial 3 years whereas Bank , UIIC have hiked it to multiple times making it unaffordable to the extent that premium now Fixed is equal to 4-8 months Pension, in violation of above guidelines. Hon’ble Court was convinced and told the Banks’ Standing Counsel to look in to the matter urgently and respond to the petitioners within 15 days time .

Hon’ble Court also told our Counsels to approach IRDA , an Statutory Body for the purpose and if not satisfied with their responses than to come back to the court for further hearing/ order .

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Good Morning
HAPPY Ashtami

THIS MESSAGE IS FOR BENEFIT OF BANK RETIREE OFFICERS

So  please forward message to every bank officer known to any India.


""My name is R K  Munjal (post-retirement Panditji as dabble in Vedic Jyotish) I retired as Chief Manager  from a BoM Ahmedabad.

My  colleague, Shri Munender Singh, retired  AGM came across   judgements of DLC Hyderabad, RLC Ranchi, ALC Silchar; Jabalpur High Court,
Which  confirm Banks  calculations under OSR pattern violate spirit of Gratuity Act.

JUDGEMENTS say

1. BANK officers are entitled   gratuity  of 45 days salary  per year ( > 30 years service) not 15  days being paid.
2. Gratuity to be paid on
Basic+DA.
3.  Gratuity must be calculated on formulae  15/26 not 15/30 of   salary under both provisions (OSR+GPA)

My personal experience of +25 years as part of  UFBU, i affirm UFBU netas are  incapable to care  interests of bank retiree officers.

So A MOVEMENT is launched and expected to cross 2000 mark tonight ( Bank Officers scale 1 to 7 across banks) have joined.

Based on above judgements, every  Retiree Bank Officer, (with +30 years service) whoever files  claim and fights the battle ahead will be richer by average 7-10 lakhs.

And another Guarantee NO LEVY FROM ANYONE.

 And whosoever does not file claim may have to repent throughout his remaining life, as civil cases are decided between parties and courts may not suo moto enlarge its scope to include all and sundry.


Please
 FORWARD LINK TO ALL RETIREE   Bank Officers  KNOWN TO YOU

 (any bank, every bank)



LInk to join Group 8

https://chat.whatsapp.com/GxG1OPTAHXqHJkiR4bBh2w

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THERE IS A GOOD NEW FOR all RETIREES officers / awardstaff RETIRED DURING D01.07.1993 TO 01.11.1994 WHO WERE DENIED THE ARREARS OF GRATUITY  AS PER JOINT NOTE SIGNED IN 1995. INDIVIDUAL  RETIREE SHRI A M SAMPATH  OF BOB HAS  WON A CASE OF GRATUITY IN CHENNAI HIGH COURT ON 22.03.2018. BRIEF DETAILS ARE AS UNDER:


 A JOINT NOTE FOR OFFICERS WAGE REVISION WAS SIGNED IN 1995 WHICH WAS EFFECTIVE FROM 01.07.1993 BUT FOR PAYMENT OF GRATUITY ARREARS THE CUT OF DATE WAS FIXED AS 01.11.1994.AS SUCH  THE GRATUITY ARREARS WERE DENIED TO THOSE WHO RETIRED DURRING 01.07.1993 TO 01.11.1994.
The division Bench of Madras High Court in WP No 1040 of 2009 and MP No 1 of 2009 in Bank of Baroda Vs A M SAMPATH HAS RULED ON 22.03.2018, THAT GRATUITY IS STATUTORY LIABLITY AND BANK IS BOUND TO PAY THE STATUTORY OBLIGATION UNDER PAYMENT OF GRATUITY ACT 1972. THE SETTLEMENT BY WAY OF JOINT NOTE CAN NOT OVERRIDE THE STATUTORY OBLIGATION. HENCE GRATUITY CAN NOT BE DENIED TO THOSE WHO RETIRED DURING 01.07 1993 TO -1.11.1994. The judgment is of chennai high court and no SLP is filed as such the issue has reached finality.

Therefore the officers award staff retired during 01.07.1993 to 01.11.1994 may submit their claim to bank of baroda head office quoting above judgment . Please bring the content of this communication to those retired during above period and also to their family members who are drawing family pension of abov e retirees. regards


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Monday, October 15, 2018

Medical Insurance Circular Union Bank

Following appears on website:
‘The details required by retirees to fill in ONLINE registration are:

1.PF Number *    2.Date of Birth *  (DD-MM-YYYY)    3.Mobile No *      4. OTP *   (OTP will be sent to the registered mobile number; OTP is valid for 12 hours.)

PLEASE GO THROUGH THE FOLLOWING INSTRUCTIONS BEFORE SUBMISSION OF OPTION.

THIS FORM IS TO BE SUBMITTED FOR CONTINUATION IN POLICY BY

A) RETIRED EMPLOYEES, ALREADY COVERED UNDER THE POLICY.

                     OR

B) RETIRED BETWEEN THE PERIOD OF 01.10.2017 TO 30.09.2018.

*BY DEFAULT THE OPTION (WITH OR WITHOUT DOMICILIARY) CONTINUES TO BE THE SAME AS CHOSEN IN PREVIOUS POLICY.*

*ANY MODIFICATION IN OPTION, IF DESIRED, IS TO BE DONE THROUGH THIS FORM.* THE RETIREE WISE LIST OF OPTIONS (WITH/WITHOUT DOMICILIARY) IS DISPLAYED ON UNION BANK CORPORATE WEBSITE.

IF NO MODIFICATION IS DONE, THE OPTION CHOSEN IN LAST POLICY WILL BE CONTINUED FOR THIS POLICY TOO.

THIS DATA WILL BE FREEZED ON *22nd OF OCTOBER.

THIS MODULE WILL NO MORE BE AVAILABLE TO THE RETIRED EMPLOYEES AFTER THIS DATE.*

PLEASE REFER *STAFF CIRCULAR 6858 DATED 15.10.2018 FOR CLARIFICATION REGARDING SUPER TOP UP SCHEME IN INSURANCE POLICY*.
PLEASE ENSURE TO PRESERVE A COPY OF ACKNOWLEDGMENT GENERATED UPON SUBMISSION OF OPTION.

Union Bank
HUMAN RESOURCES DEPARTMENT
EMPLOYEE BENEFITS DIVISION
239, Vidhan Bhavan Marg, Nariman Point, Mumbai 400 021

STAFF CIRCULAR NO. 6858 October 15, 2018
To: All Branches/Offices,

Subject- Medical Insurance Scheme for Retired Employees Policy Period 01.11.2018 to 31.10.2019

1 . Attention is invited to Staff Circular No 6243 dated 18.09.2015 providing the details of the Medical Insurance Scheme introduced as per Bipartite/ Joint Note dated 25.052015 signed between Associations/ Unions and IBA.

2. The present Insurance Policy for retired employees will expire on 31.10.2018- and to ensure uninterrupted policy coverage, premium for renewal of the policy is to be remitted,in the month of October. 2018.

3. We are in receipt of a letter dated 09.10.2018 from the Indian Bank Association (IBA) addressed to CEOs of all, member banks. providing the revised- premium rates for renewal. of Group Health Insurance - (Retirees). The revised rates as provided by UllC are as foltows:.

OPTION
Normal Renewal (Without Domiciliary cover)
Cadre Insurance Premium per year Sum Insured
Retired Officer irrespective of grade/ scale Rs 24400/- + Rs 4392/(18% GST) = Rs.28792/- lakh only)
Retired award staff including housekeepers Rs 18301/- + Rs 3294/(18% GST) = Rs.21595/- lakh only) Three
OPTION
With Domiciliary Expenses Benefits Option (59 diseases as per retiree policy circulated through Staff Circular 6467). Annexure I
For Retired Officers - Domiciliary Cover of Rs.40,000/- with overall Sum Insured of
For Retired Award staff - Domiciliary Cover of Rs.30,000/- with overall Sum Insured of
Cadre Insurance Premium per year Sum Insured
Retired Officer irrespective of grade/ scale Rs 69808/- 12565/- (18%
CST) = Rs.82373/- (Rs Four lakh only)
Retired award staff including housekeeper Rs 52359/- + Rs.9425/- (18% CST) = Rs.61784/- Three lakh only)
Option Ill and IV
Super Top Up: Super top up is an additional Insurance Coverage beyond the regular Sum Insured, available to the retired employee on payment of extra premium, as given in the following table:
Cadre Regular Sum -Insured Super Top Up
Beyond
Regular -Sl- Extra
Premium Payable Total Sum Insured with Süper Top -up
Retired Officer Rs.5049/- Rs. 9, 00, 000/Nine lakh only)
Retired award- staff including housekeeper Rs.4657/- Seven lakh only)
The salient features of Super Top-Up Policy are as follows;

OPD treatment (Domiciliary) is not covered under this policy. In other words for all the retirees who opt for with domiciliary policy + top up, the OPD expenses coverage by default is Rs.40,000/- and Rs.30,000/- respectively for officers and award staff retiree unless opted otherwise.

The Super top up policy commences w.e.f. 01 .11.2018 and the period will be identical to the main policy date i.e. expiry date will be 31.10.2019.

-In case of: claim the basic policy will be triggered first and only if the Sum for officers and for award staff) is exhausted, the Super Top Up policy will be activated.

4. Online Registration: A portal has been designed specifically with all the above options (to continue in the policy) and also the option of withdrawal from policy which will enable the retirees to submit their option through online registration. The link to online registration has been made available at Union Bank of India Corporate Website under the "Information for Retired Staff" Portal. It will be available on Bank's website w.e.f. 15th October 2018 to 22nd October 2018.

5. Please refer to para 5 of SC 6838 dated 04.09.2018, where 15 days window for online registration was proposed. However, due to the continuous negotiations going on between IBA and UllC, the final communication was received today only i.e. 15.10.2018 as such the online registration portal will now be available only for 7 days.

6. The steps for online registration are given in Annexure ll.

7. Acknowledgment of submission: Upon submitting the application a registration number will be generated immediately. Retirees are requested to note down the reference number. If required they can also save/print the screen shot for their future reference.

8. Modification of Option: If the retired employee has already submitted his/her option -in the portal- and wish to change their previous option, upön- second/third : login, the computer Mill redirect to form B- automatically' The option Chosen previously wilt be displayed on the portal along with date. Upon modifying the option, click. on submit button. Please see Annexure IV.

9, Last Date of Online Registration: The online registration portal will be active till 23:59 of 22.10.2018.

10. Special Note: Applicable for all existing retirees, covered presently in the Medical Insurance Scheme:

The options, opted till 22.10.2018 will freeze on 23.10.2018 and deductions will be carried out immediately. Request of further modifications will not be entertained.

• Only Online registratiön to be carried out in the given portal will be acceptable.

Hard copy of consent/ withdrawal, as circulated vide previous Staff Circulars, must not be submitted for registration under ensuing policy.

Consent/withdrawalin reference to the ensuing scheme, submitted in hard copy or by email, either at branch or at Central Office stands null and void.

As informed by Insurance Company, only those retirees presently under policy with domiciliary cover, will be able to continue with the same, on payment of revised premium. No new additions will be there in the policv with domiciliary cover.

However the employees who retired between the period of 01 .10.2017 to 30.09.2018 have option to join the Medical Insurance Policy with or without Domiciliary cover irrespective of their option given at the time of retirement.

11. By Default Option: In case no option is exercised, it will be presumed that retirees have opted to continue in the ensuing policy with the same option as given for the existing policy and premium will be deducted from the registered account numbers for further remittance to UllC accordingly.

12. Bank will not be responsible for any communication sent to any other e mail ID or given to pension paying branch.

13. Those who wish to continue with the above Schemes are requested to keep adequate balance in their account as the insurance premium will be debited to their account on or after 23.10.2018.

14. If premium cannot be debited due to shortage of funds in the account/given account number being frozen/dormant etc, the Insurance coverage to such retiree staff- will stand discontinued and the Bank witt not be- responsible for non availability. of benefits [facilities under the above Insurance Policy w.e.f.
01.11.2018.

15. The facilities of cashless hospitalization and reimbursement including domiciliary (Option IT) will continue uninterrupted in all the tie-up hospitals upon renewal of policy and as per the online option exercised by the concerned retiree as stated' above for the period of 01.11.2018 to 31 .10.2019.

16. Major Modifications: Room rent ceiling is fixed at Rs.4,OOO/- as compared to earfier Rs.5,OOO/-. All other terms and conditions of the present policy remain the same as was in the previous policy including basic Sum Insured.

17, Loan facility: In order to provide financial assistance to the retired employees of our Bank to enable them to pay the Medical Insurance Premium, a special scheme under Retail Loans is under consideration, which will be informed separately.

18. Bank is in continuous contact with IBA and UllC. Any modification in option/ premium will be updated in the application portal accordingly.
19. All retired employees. are requested to co-operate with us and ensure completion of the exercise within the set timelines.
20. Contact Details: For any kind of query regarding online registration, Medical Insurance Team members may be contacted on the following numbers:
Landline- 022- 22896255
: 116250, 116252, 1 16253
Name of Officer Zones Allotted
1 . Shri Pankaj Gupta Delhi, Lucknow, Varanasi
2 Shri Anshul Jain Bangalore, Chennai, Ranchi
3 Shri Kiran Chawak Ahmedabad, Bhopal, Kolkata, Mumbai, Pune
4 Smt Shilpa Sharma Sarkar Escalation
The Central TPA may be reached at the following numbers:
Contact Person Name Landline
1. Mr Abhishek Kokate -2. Ms VarSha Vora 116255 022-22896298
Annex sc 6838
Domicitiarv Hospitalization I Domiciliary Treatment

Sr. No. Treatmerüs
1 Cancer
2 Leukemia
3 Thalassemia
4 Tuberculosis
s Paralysis
6 Cardiac Ailments
7 Pleurisy
8 Leprosy
9 Kidney Ailment
10 All Seizure disorders
11 Parkinson's diseases
12 Psychiauic disorder including schizophrenia and psychotherapy
13 Diabetes and its complications
14 Hype:tension
Hepatitis —B
16 Hepatitis: - C
17 Hemophilia
18 Myasthenia gravis
19 Wilsdn's disease
20 Ulcerative Colitis
21 Epidermolysis bultosa
22 Venous Thrombosis(not caused by smoking) Aptaslic Anaemia
23 Psoriasis
24

26 HYOOt_hSiiOidiSaq
27 Hyøetthyiöidism:e.xpenses:: andkleükemia
28 Glaucoma
29 Tumor
30 Diptheria-:
31 Malariå
32 Nön•mcoholic Cirrhosis of Liver
33
34 Typhoid
Accidents of:Serious Nature
36 Cerebral Palsy
37
38 All Strokes Leading to Paralysis
39 Haemorrhages caused by accidents
40 All animal/teptile/insect bite or sung
Chronic pancreatitis
Immuno suppressants

Domtcilta" Hospitalizatton / DomiciliarvTreatment

Sr. NO. Treatments
43 Multiple sclerosis / motor neuron disease
Status anhamaticus
Sequalea o[meningitis
46 Osteoporosis
Muscular: dygttqphies
Sleep syndrome(not related to obesity)
Any organ related (chronic) condition
SO Sickle cell disease
Systemic lupus erythematous {SLE)
Any connective tissue disorder
varicose veins
Thrombo embolism venous thrombosis/venous thrombo embolism (VT E)]
SS Growu• disorders
Graves' disease
Chronic Pulmonary Disease
Chronic Bronchitis
59 Physiothetapy and swine flu shaft be considered for reimbursement under domiciliary treatment.

Annexure Il to SC 6858 3
STEPS FOR ONLINE REGISTRATION:
GO to Union Bank of India Corporate Website, http://www.unionbankofindia.co.in, This site can be accessed through any computer having internet facility.

Go to "Information for Retired Staff" under "About Us" (About us > HR) in home page.
Click on "Online Registration Portal".
Give your PF number and Date of Birth on the login page and click on "Generate OTP". Please go through all the instruction given on the log in page before proceeding.

OTP (one time password) will be sent to the registered mobile number of the retired employee. This OTP is to be given against the desired field to proceed for online registration.
Upon providing the OTP, all personal details of the retired staff, including spouse details will be displayed in Form A. Please check the details like e-mail address, contact number and account number. In case any of the above field is
Submission of Option:
Continuation:- Online registration provides to select between Five options as given in the circular, to continue in the ensuing policy.
Withdrawal: For retirees who are presently covered under the Medical Insurance Policy but wish to discontinue the same.
Please choose the desired option and

Annexure V to SC 6858
TO BE DISPLAYED ON BRANCH NOTICE BOARD
Union Banf
Branch
Revised premium rates, as proposed by United India Insurance Company (UIIC), for Medical Insurance Scheme of Retired Employees, for the period of 01.11.2018 to 31.10.2019 are as follows;
Option Annual Premium for Clerk/ Sub Staff Cadre inc
CST Annual
Premium for Officer Cadre inc CST
1 . Without
Domiciliary Rs.21595/- Rs.28792/-
2. With Domiciliary Rs.61784/- Rs.82373/-
3. Without
Domiciliary + Super
Top UP Rs.26252/- Rs.33841/-
4. With Domiciliary + Super Top Up Rs.66441/„ Rs.87422/-

Saturday, October 13, 2018

An Appeal to Bankers BY A Banker on Wage Talk Drama

Dear Bankers,


It is time to come out of our differences as Officers and Workmen and unite together to take a tough yet bold decision to decide our future…

Let us not allow the decade old leaders to spoil our future…

The IBA-UFBU wage Talks has become a big Drama drafted by some UFBU leaders in collusion with IBA and Govt. The OCT 12 talks is yet another series of the Drama…

From the prolonged delay in the Wage talks the agenda of some of the leaders is getting exposed..…and they have also lost their guts and courage to call for Strike neither to demand Salary nor to Stop Mergers…

 At this juncture, very important development is….

Two Historic writ petitions (W.P.(MD) No.21195 of 2018 & W.P.(MD) No.19947 of 2018) have been filed at Madurai bench of Madras High Court one by Com Dhanasekar and another by Canara Bank OBC Welfare Association to direct the IBA to implement minimum starting pay of Group C employees in Central Govt to the Workmen (Clerk & Sub staff) and Group A salary to JMGS I officers based on the Creamy Layer Notification issued by Department of Financial Services dated 06.12.2017 which states that

 “JMGS I of PSBs will be treated as equivalent to Group A in Govt of India”

&

Clerks & Peons in PSBs will be treated as equivalent to Group C in Govt of India”

 Without bringing parity in the salary and perks implementation of this notification is not possible hence the Writ petitions were filed.  Once implemented, the cadre wise salary and perks will be same for all bankers irrespective of the category.


The said Notification was sent to the CEOs of all PSBs and the Chairman of IBA on 06.12.2017 itself. All the UFBU leaders were also aware of this notification.

But, when the DFS notification says that workmen and officers of PSBs are equivalent to the Group C and Group A employees of Central govt respectively, who is IBA to stop that?  Why some UFBU leaders also trying to stop that?


The Hon’ble Court also kindly considered our demand as genuine and sent notices to IBA and DFS to submit their reply.  If the IBA implement the direction of the Hon’ble Court if comes in our favour, then the bankers starting Basic Pay will be as follows.

Cadre                   7th Pay Commission      10th Bi-Partite

Sub Staff                   18000                           9560                   

Workmen                    35400                         11765

Officers                      56100                          23700
                                       
                                                           
If the UFBU Leaders are sincere in their efforts to achieve Wages equivalent to Central govt Staffs then they should have pressurized the IBA to implement the Notification of Department of Financial Services dated 06.12.2017. But they have not done so. This shows their agenda is entirely different and certainly not in favour of us…

Whether they are going to get us more than the salary of Central Govt Staffs through Bipartite?

The circular issued by Com Bandlish, UFBU Convenor on 13.10.18 speaks follows…

“1. IBA’s earlier offer of 6% should be substantially improved upon to work out a mutually acceptable wage accord. “

Why UFBU leaders should beg like this? and why the convenor should issue circular for begging? …when we have DFS notification and Judiciary in our support…

The UFBU convenor Com Bandlish should have issued the circular as follows…

 “IBA should implement the Minimum basic pay of Group C Employees of Govt of India to Clerks and Substaffs, Minimum basic pay of Group A officers of Govt of India to JMGS-I officers as per DFS notification dated 06.12.2017”

 But he did not….This shows they are not willing to demand Wages on parity with Central Govt employees.

The Charter of demands submitted by four officer organizations demanded the parity with Central Govt officers. Then how Com Bandlish was allowed by the leaders of those UFBU affiliates to issue such circular against their original demands?

 It is learnt that IBA is going to submit a reply to the Hon’ble court that The Implementation of the DFS Order dated 06.12.2017 is not possible as the bankers wages are decided through Bipartite. Shocking point is some of the veteran UFBU leaders may also support the IBA stand…


To put it in Simple terms…

UFBU Leaders may give their consent to IBA that they will not demand implementation of DFS notification for Salary in parity with Central Govt Staffs.

When Govt notification supports our demands…When Judiciary considering our demands…Why some few UFBU leaders desperately trying to spoil the future of lakhs of Clerk, Substaff and Officers of Public Sector Banks by colluding with IBA?



We, 10 Lakh bankers should unite now and demand our leaders not to give consent to IBA either directly or indirectly against Court Notice.


Immediately after receiving this email/communication please share with your local, regional and national leaders of all 9 UFBU affiliates comprising both workmen and Officers and pressurize them not to beg on percentage concept but to demand Salary in parity with Central Govt employees.

Every single minute is important from now onwards comrades…

The Govt/RBI/IBA suck our blood for the pity salary…..Hence it is time to stand up and say…We are not salves anymore and we deserve more Wages equivalent to Central Govt Salary..

Go ahead and bombard the mailboxes and whatsapp of your respective leaders to support the Writ petitions (W.P.(MD) No.21195 of 2018 & W.P.(MD) No.19947 of 2018) to implement minimum starting pay of Group C employees in Central Govt to the Workmen (Clerk & Sub staff) and Group A salary to JMGS I officers based on the Creamy Layer Notification issued by Department of Financial Services dated 06.12.2017 which states that

“JMGS I of PSBs will be treated as equivalent to Group A in Govt of India”

&

Clerks & Peons in PSBs will be treated as equivalent to Group C in Govt of India”
 I have attached the DFS notification and contact person to join the writ along with this email.

Go ahead comrades…

 Comradely,

Sivakumar Duraipandy

W.P.(MD) No.19947 of 2018
**********************************

S DHANASEKARAN

S/O M M SUBRAMANIAN

PLOT NO. 130, S R V NAGAR MAIN ROAD,

THIRUNAGAR

MADURAI 625006

 9489652559

8610528310

E.  FOR COORDINATING KINDLY CONTACT

K R A MURUGAN

9597224488


W.P.(MD) No.21195 of 2018
*******************************


A.Santhana Pandiyan

Regional Secretary – Madurai Region

All India Canara Bank OBC Employees Welfare Association

Contact No: 8610885574


_________________________________


*AIBEA and its downfall is because of their wrong leader CHV - Led to burial of prospects of banking fraternity*

Sad to see having AIBEA, so many dissidents are taking birth. Sad to see the tall CHV getting panicked and start digital campaign.

This panicked CHV crusified AIBEA after taking the organisation from com Tarakeswar Chakraborthy, who was a status quo leader.

Now Com Parwana nor Com Prabhatkar like tall leaders only can imbibe life into dead AIBEA. Except clinching pension in 1997, this Organisation has done nothing thereafter. They surrendered the bargaining power of 10 Lakh plus bank employees to IBA and Bank Managements. This happened over a period of 20 years due to status quo, incapacitated and present corrupt leader, the great CH Venkatachalam.  The 1995 Pension agreement was not implemented as agreed. For this AIBEA is silent and was silent. AIBEA never insisted the bankers to implement pension in lines of CPC as drafted in pension agreement.

In 2001, VRS bonanza was accepted by TU's, giving way to paying reasonably handsome Ex Gratia and pension optees getting pension from date of retirement. Instead of pension payment from their attaining superannuation age ie from 60 years. This led to deficiency of pension corpus from 2002, as the pension optees contribution was meagre and withdrawals was large. This problem was trusted on the inservice bank employees in 2010.  Cleverly UFBU linked wage revision to second option pension option pretending they are for employees. Later made the pension optees agree for a Heavy penalty of surrendering their wage revision arrears for improvising the Pension Corpus. Already retired were asked to pay back their PF settled with interest to join pension scheme. Great drama enacted by both AIBEA and IBA. 

Later AIBEA was silenced slowly year on year by IBA saying NPA's and pension is burdening the bank profits so 'no revision'. Alternatively offer was given for 8%, 5% and 2% hike to bankers unlike rise of 20% in other PSU's. A time comes, XI BP, wherein IBA tells that all banks will not get wage revision, all bank-men will not get wage revision, but few down the line will get. For others, wage revision will be depending on banks health and bank-men performance.  This is the 20 years success story of great mighty AIBEA under stewardship (mostly) of CHV., alias CH Venkatachalam, around 70 years old veteran leader.

CHV the Great leader, does not want to step down even at 70 years of age, still want to represent, dictate all other apex Bank unions showing strength of AIBEA. CHV twists UFBU to his advantage whomsoever may be Convenor of UFBU. In this past 15 years CHV has become as rich as Tamilnadu politicians.   His greed for power and hunger for illegal kickbacks by surrendering the bargaining power of Trade Unions did not end here. He started meddling with Bank retirees issues. In X BP he collided with IBA and made heinous note drafting illegal definition on 'contractual relationship between bank management and the retirees' and made UFBU sign it. This is the height of his greed, which witnessed  sacrificing the interests of retirees, he himself being a Retiree.

Apart from BP earnings, the latest Medical Group Insurance policy fetched TU leaders enough money year on year under stewardship of CHV. These UFBU leaders, in the name of continuation of scheme negotiate for retirees an annual increase in insurance premium payable. They don't rub the same on account of Inservice Employees Insurance premium payable, as that is paid by their counterparts, that is IBA or Bank Managements. Today bank retirees are the worst sufferers not having got their justifiable superannuated benefits in every Bipartite's from VI BP onwards. DA anomalies, fixation differences, non up-gradation of pension, introduction of special allowance, cut off dates for benefits like gratuity, non insistence of retirees premium to be borne by managements from welfare fund etc., all these issues/ problems mishandled and created by union leaders are being fought by poor retirees in several Courts with their own money.  Apart from above the biggest crime committed by UFBU  is allowing IBA to misinterpret Pension Regulations 1995, for calculation of pension, recovery of disbursed pension etc., Recently UFBU keeps mum on change of effective date of Gratuity enhancement, when all other PSU's get as per house decision ie from 01/01/2016.

Retiree Friends, awake and arise at least now, before your AIBEA led UFBU and APBRF bury you alive.

A victim and well wisher of bank pensioners

 K. Rohini Rao
Retired officer SBH

If you like this, forward to as many as possible. I don't fear to speak what I believe true, and ready for legal consequences according to new laws.

Tweets Sent To FM and PMO









AIBOC and Other Unions Write TO UFBU

ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC)
ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA)
INDIAN NATIONAL BANK OFFICERS’ CONGRESS (INBOC)
NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)
 Camp: Mumbai

Date: 12.10.2018

The Convenor
United Forum of Bank Unions

Dear Sir,

RE : RENEWAL OF IBA’S HEALTH INSURANCE SCHEME FOR RETIREES

We refer to IBA’s Circular no.CIR/HR&IR/BRK/2018-19/6037 dated 09.10.2018 addressed to the CEO’s of All member banks who are party to 10th Bi-partite Settlement / Joint Note dated 25.05.2015 forwarding therewith the revised premium quote received from UIICL for renewal of the health insurance policy of the retirees. We have the following observations / suggestions.

1. We are surprised that in spite of our ongoing discussions on the matter IBA has not consulted /discussed the matter with UFBU after getting revised quote. On the contrary, they have forwarded the same to the individual banks.

2. Though in our meeting held on 14.09.2018 and through the subsequent letter dated 18.09.2018 to IBA, we had given several suggestions to make the health insurance affordable to the retirees and reduce the burden on them, we observe
that except for the suggestion to provide flexibility in the insurance amount to the retirees to opt, no other suggestions have been given due weightage by the IBA/ UIICL.

3. Our main suggestion was that the premium should be composite and not segment wise i.e. the premium for the serving employees and the retirees should be calculated as composite group and that the premium of the retirees should be
borne by the bank in the same manner as the banks are reimbursing the medical expenses to the Ex MDs and Ex EDs.

But we observe that UIICL has quoted substantial higher premium to the retirees. Room Rent ceiling for the retirees is also reduced from Rs.5000/- to Rs.4000/- but commensurate reduction in premium is not given. For easy reference and understanding, we have tabulated below the various options given to the retirees by UIICL as per your letter :

For Award Staff For Officers
Amount Option
No.
Amount Option No.
WITH DOMICILLIARY
Insured Amount Rs.4 Lakh – With Domiciliary Rs.40000 N.A. #82373 i
Insured Amount Rs.4 Lakh – With Domiciliary Rs.30000 N.A. 76607 iv(a)
Insured Amount Rs.3 Lakh – With Domiciliary Rs.40000 #78236 ii
Insured Amount Rs.3 Lakh – With Domiciliary Rs.30000 #61784 i 72760 iv(b)
Insured Amount Rs.3 Lakh – With Domiciliary Rs.20000 57459 iv(a)
Insured Amount Rs.2 Lakh – With Domiciliary Rs.30000 #57647 ii
Insured Amount Rs.2 Lakh – With Domiciliary Rs.20000 53611 iv(b)
WITHOUT DOMICILLIARY
Insured Amount Rs.4 Lakh – Without Domiciliary N.A. 28792 i
Insured Amount Rs.3 Lakh – Without Domiciliary 21595 i 27745 ii
Insured Amount Rs.2 Lakh – Without Domiciliary 20320 ii
SUPER TOP UP
Super Top-up Rs.5 lakh above Rs.4 lakh sum insured 5049 i
Super Top-up Rs.5 lakh above Rs.3 lakh sum insured 7574 iii
Super Top up Rs.4 lakh above Rs.3 lakh sum insured 4657 i
Super Top up Rs.4 lakh above Rs. 2 lakh sum insured 6986 iii

# Though It is not expressed in the quote, since in option iv(a) and iv(b), Limit of Domiciliary is specifically mentioned as Rs.30000 for Retired Officers and Rs.20000 for Retired Award Staff, we presume that domiciliary limit under option i and ii must be Rs.40000/- and Rs.30000/- for the retired officers and retired workmen respectively. The written confirmation of the
same needs to be obtained from UIICL.

4. We also observe that for the same cover, UIICL has quoted different premium for the retired award staff and retired officers, leading to anomalies, as given below:

a. Insured Amount Rs.3 Lakh – With Domiciliary Rs.30000

For Officers Rs.72760/- Option “ iv(b)”

For Award Staff Rs. 61784/- Option “ i “

(Officers are charged Rs.10976/- i.e. nearly 18% more than the award staff)

_______________€____________€________________

Message posted on Voice Of Retired Bank Employees


----- SALIENT FEATURES OF IBA'S CIRCULAR ON THE RENEWAL OF HEALTH INSURANCE POLICY OF THE RETIREES -----
.
.                             ------- PART  2 --------
.
Let us now have a look at the Revised Premium Quote of UIICL. To avoid  complexity , we are concentrating our attention only  for those officers who want to go for domiciliary cover.
.
At the first instance , let us see the cost of domiciliary cover  for an officer whose base cover is Rs.4,00,000/-. It is worth mentioning that you will get reimbursement MAXIMUM to the extent of Rs.40,000/- by submitting bills etc. in accordance with the prescribed manner.
.
Cost of domiciliary cover =
Premium with domiciliary cover - premium without domiciliary cover.
= 69808 - 24400 = 45408/-
.
So, after paying Rs.45408/- IN ADVANCE, you will be reimbursed UP TO  Rs.40,000/- provided you submit all bills / vouchers/doctor's prescriptions / Lab report etc. within a definite time period.
.
***********************************************************************
.
In the first part , I mentioned the merit of the suggestion  of the joint leadership of CBPRO & AIBRF whereby they suggested to quit from the cadre based scheme which was ignored by the learned leadership of UFBU for the reason best known to IBA , UIICL & UFBU.. This year , more slabs are introduced at the suggestion of the retirees associations though , at least, one more slab of Rs. 1.00 lac was of pivot importance to take care of the vulnerable section of the retirees. In case of necessity, the cover of Super Top Up might be reduced to 3.00 lac ; had one such scheme been introduced as suggested , it would certainly put a large section of retirees in comfortable zone. 
.
However, according to the said  quotation of UIICL , an officer having a base cover of Rs. 3.00 lac has to pay Rs.23513/- (without domiciliary) towards the premium while an award staff has to pay Rs.18301/- for the same.
.
  Is it not hilarious that while both persons are covered by one policy document and  both persons have the same base cover , premium becomes different for the reason that they were in different cadre while in service ? Can the learned and evergreen  leaders of UFBU explain how they nod knowing well that premium is a subject of ICR ( actual or expected ) , not of cadre ?
.
Can anybody blame the retirees if they suspect any hidden agenda of the  concerned organization behind fixing the premium based on cadre?
.
**********************************************************************
.
( contd.)

Another person writes as under.


Urgent petition has to be filed in the Supreme Court by the retiree organizations against the violation of Government Directives in 2012  blatent discrimination and anamolies in the implementation of Group Health Insurance Policy, thereby causing gross injustice  to the vulnerable and hapless senior citizens by the UIIC,IBA and UFBU .

An IMMEDIATE STAY ORDER SHOULD BE OBTAINED AGAINST OPERATION OF THE GROUP INSURANCE SCHEME .

______________________________€____________

Another member from bank expresses as under


Dear Retirees Friends,
I mailed the under noted message to all Office Bearers of AIBRF, for their active consideration and for taking effective remedial measures at the earliest. The premium formulated  by UIIC & IBA is against the Article 14,15 & 21 of the Constitution Of India. I humbly request all of my UCO-Retirees to deeply involved in this matter for taking up with the appropriate authorities, including IRDA,  GOI-MOF-DFS and Press.
With regards
(Akshaya Ku Mishra)

[[Dear Retirees Friends,
I am put frothing my opinion for active consideration.

From the IBA letter dated 09.10.2018 addressed to all Member Banks it is observed that UIIC has stipulated DIFFERENT PREMIUM for the same SUM INSURED, details are as follows:
Example: 1) Officer SUM Insured             Rs.3.00 Lacs (Without Domiciliary) Premium Rs.27.745/-
                    Awarded Staff SUM Insured Rs.3.00 Lacs (Without Domiciliary)  Premium Rs.21,595/-

                     2) Officer SUM Insured          Rs.3.00 Lacs (With Domociliary)   Premium Rs.78,236/-
                  Awarde Staff SUM Insured Rs.3.00 Lacs (With Domiciliary)    Premium Rs.61,784/-

From this, it is now crystal clear that UIIC quoting unethical Premium Amount for the same SUM Insured for different classes of Retirees, which is against the fundamental principle of this country and contrary to Article 14, 15 & 21 of the Constitution. The LAW is equal for all classes of citizens of the independent INDIA. In future UIIC may quote differential Premium for Male/Female or/and on cast structure basis.

I am humbly requesting all to bring it to the notice of the competent authority for rectification of the same, at the earliest.

With Regards
Akshaya Ku Mishra
(CC Member from UCO Bank)
(M:9437131830)]]


_______________________________________

Another person suggests  as given below


When we contemplate legal action we should first know rules and regulations governing Tailor Made Group Insurance Scheme .
If there are specific guidelines from IRDA and they are violated first step should be to approach IRDA..Just because premium is high you cannot call it as injustice.
Our associations are dealing with high premium  on wrong footings .

1..How you can raise the issue of GST just because your members are finding it difficult to bear the burden .
It's a general law applicable to all Sr Citizens whether bankers or others.
If your objection to higher GST us valid it shoulders have been raised early without waiting for finalisation of  premium .

2...Time and again leadsrs quote 2012 govt guidelines however gave not insisted fir clarification from govt authorities as to o adding on o premium burden on retirees .
Unless govt issues a categorical statement in the point there is no meaning in just making arguments .3 years was the sufficient time to arrive at clear verdict from govt on this issue.
If democratic govt is not bothered to issue clarification on the doubtful provisions it indicates that govt is bent upon forcing the citizens to go for litigation .

   3... The way the scheme and it's terms are finalised , it appears that initially the idea must be to have a in-house  hospitalisation scheme where banks will shoulder some load .
Normally , when bank is financing a scheme such scheme have different criteria based in The Cadre of retired person.
Hence we are finding si many loopholes in various terminologies used which are normally not found in Insurance Policy  .
There is some conspiracy and behind the door agreement while launching the scheme in 2015 without going in details it's repercussions .
When AIBOC has raised the banner of revolt let them share all the discussions held during May 2015 - August 2015.
Let them first prove their bonafides instead of making just allegations and repeated requests ti IBA which has always proved that  they have no sympathybtowrds hardships faced  bt Retirees - Especially Retirees above age of 75


_________________________________________


Another retiree expresses his feelings as under


कोई भी बैंक रिटायरी वर्ष 2015 को कभी नही भूलेगा। 2015 मे IBA व UFBU ने सभी रिटायरीज को सोशल सिक्योरिटी की आड़ मे घरेलू व अस्पतालीय इलाज के लिए UIIC के साथ मिलकर एक नई हैल्थ इन्श्योरेन्स पालिसी देने की शुरुआत की। सभी ने इस स्कीम को दिल से स्वीकार किया व खुशी खुशी तुरन्त 2015-16 की मुंह मांगी प्रीमियम भी दे दी।। इस पालिसी के चक्कर मे आकर रिटायरीज ने अपनी पुरानी चल रही हैल्थ पालिसी खत्म कर दी व उनका नवीनीकरण कराने की जरूरत ही महसूस नही की।।  ××××   अब खेल यहीं से शुरु होता है। uiic ने प्रीमियम लेते ही अपना रंग दिखाना शुरु कर दिया। उसने घरेलू उपचार सुविधा देने से बिल्कुल मना कर दिया।। IBA व UFBU ने मिलकर UIIC द्वारा दिये जा रहे इस धोखे को मौन स्वीकृति दे दी। यदि iba व ufbu को रिटायरीज की थोड़ी भी चिन्ता थी तो क्यों नही इन्होने uiic का प्रबल विरोध किया व इस धोखेबाज कंपनी को कोर्ट मे खड़ा किया, तथा तुरंत किसी दूसरी कंपनी से बात क्यों नही की??
   रिटायरीज चूंकि अपनी अपनी पुरानी पालिसी ( जिन्होने दूसरी कंपानियो से हैल्थ पालिसी ले रक्खी थी )  को छोड़ चुके थे, अतः मजबूरी में इस धोखे को स्वीकार करने के अलावा कोई दूसरा रास्ता नही बचा था। अब इसके बाद के वर्षों मे बेतहाशा प्रीमियम मे वृद्धि के बावजूद भी रिटायरीज इस पालिसी से जुड़े रहे।। लेकिन इस वर्ष 2018-19 के प्रीमियम को सुनकर तो अच्छे अच्छे रिटायरीज के होश ही गुम हो गये व जबरदस्त तनाव मे आ गये।। 65-70 वर्ष से ज्यादा के रिटायरीज दूसरी कंपनी की पालिसी ले नही सकते, इससे कम उम्र वालो को भी नई पालिसी मे कुछ़ बीमारियों के इलाज़ के लिए 1-2वर्ष का इन्तजार करना पड़ेगा।। iba, ufbu व uiic के nexus ( धोखेबाज गुट ) ने मिलकर सभी रिटायरीज को साँप छछून्दर वाली पोजिशन मे लाकर खड़ा कर दिया है।। शायद ऐसी बुरी उम्मीद किसी भी रिटायरी ने नही की होगी।। धन्यवाद।। rkj, kota


Friday, October 12, 2018

Court Case Against Merger Plan

BREAKING NEW
 PRESS RELEASE

WRIT PETITION BY AIBOC CHALLENGING THE MERGER DECISION OF VIJAYA BANK, DENA
BANK & BANK OF BARODA ADMITTED IN DELHI HIGH COURT.

All India Bank Officers' Confederation (AIBOC), the apex organisation of Bank Officers having a
membership of over 3,20,000 officers, had filed a Writ Petition vide No. WP(C) 10954 of 2018 in Delhi Court challenging the proposal by the Central Government to amalgamate Vijaya Bank and Dena Bank with Bank of Baroda contending that the process by which the decision has been taken was in violation of the Banking Regulation Act, 1949 and Banking Companies (Acquisition and Transfer of Undertakings) Act 1970/1980 and the Constitution.

AIBOC had also contended that the In-principle
Approval given by the Banks' Boards were void as the posts of workmen and non-workmen directors in the Board had been kept open for years by the Government and the decision to give approval to amalgamate the entities could not be validly taken without the participation by the workmen and non-workmen directors, who are important stake holders in such a decision.
We are pleased to announce that a Division Bench of Hon’ble Delhi High Court comprising of Justice Ravindra Bhat and Justice A.K. Chawla, effectively issued notice and agreed to hear the plea.

Sr. Advocate Shri Arvind P. Datar appeared for AIBOC, while Central Government and Bank of Baroda were represented by the newly appointed Solicitor General Shri Tushar Mehta and ASG Ms. ManinderAcharya.

The date of hearing is fixed for 29th October .
2018.

Link to news
_________________________

In today's discussion with IBA we reiterated
1. Their offer of 6% should be substantially improved
2. Performance Linked Pay should be delinked from wage revision and
3. Resolution of mandate issue -

 IBA repeated their proposal that wage increase should be linked to paying capacity - we have rejected and informed that if IBA does not change their stand it will lead to confrontation and agitation -

Circular follows.
SK Bandlish ,Convenor UFBU.

About Latest Health Insurance Circular

HEALTH INSURANCE FOR BANK RETIREES-

SOME BASIC FACTS TO KNOW BEFORE YOU OPT-POST BY PREMRAJ CHEEKOTH-

SBT retiree
We already have got the table of renewal Premia released by IBA/United Insurance Company Ltd for the year 2018-19 for bank retirees.I reproduce it below:

Before jumping in to the whirlpool of options ( or not to jump in to the hot water ) let us make a cost benefit analysis from the retirees point of view also. There are actually 4 options as per table of premium ( options i to iv (a) and iv(b) for both Award Staff/Officer retirees. See the premium table below


I will come to need for banks giving subsidy to some extent later; all retirees including a sizable portion of family pensioners cannot afford these premium rates.

One thing is very clear.

AVOID the Domiciliary treatment options, ( options iv (a) and (b) in the table) the premium is prohibitively costly and does not justify the extra amount paid over the basic premium for getting domiciliary treatment options.

My suggestion is, Opt only for basic insurance coverage ( either Rs 4 Lakhs or the reduced Rs 3 lakhs basic cover) depending on which is affordable based on your income level. Before going for top-up option, consider the following factor:

Option (i) with Basic Insurance Cover of Rs 4 lakhs Premium is Rs 28732 which should take care of normal hospitalization needs of many retirees.

If you consider that you may need higher coverage up to Rs 9 lakhs, choose top- up for this at extra premium Rs 5049. So your Total premium outgo is Rs 33841 ( inclusive of GST).

This is by far the best option available to most retirees, provided they can afford it.

Remember, it covers retiree+ spouse up to Rs 9 lakhs coverage for each, towards hospitalization expenses. No Domiciliary treatment option available here.

Option (II) in the Table is for reduced basic cover of Rs 3 lakhs for officers. My advise is take this Basic Cover for 3 lakhs only if you think that Rs 3 lakhs coverage is sufficient for you at a Basic Premium Rs 27,745.

It is better to opt for 4 Lakhs basic coverage where the premium difference is only Rs 1047( i.e. for 4 lakhs basic cover, it is only Rs 28,792).

But never opt for option (ii) and (iii) together, that will be foolish decision.That means, NEVER go for top-up option if you choose basic coverage of 3 lakhs.

See the top-up plus basic premium for 3 lakhs reduced coverage, Rs 27,745+ top-up premium Rs 7574 ( Total Rs 35,319). You end up paying more than in option (i) for 4 lakhs+ top up and get lesser coverage under option (ii)+(III) . i.e. basic cover Rs 3 lakhs and top-up cover Rs 5 lakhs ( 8 lakhs) only.

Insurance company has different logic here. It is simple. Top-up coverage kicks up only after the basic limit is exhausted.

In option (i) Basic Limit is Rs 4 lakhs and top-up kicks up only if hospital expenses cross 4 lakhs in a year. So top-up premium is kept low under this option. But in option(ii+ iii) basic cover is 3 lakhs and top up is is same 5 laks. Total coverage is only 8 lakhs, however top-up liability kicks in after the hospital expenses cross the limit of 3 lakhs in a year. The probability of crossing the top-up line is more in option (ii +III) than in option 1, hence higher top-up premium of Rs 7574. That is why i suggest that retirees ( officers ) better choose only Option (i) either basic ( Premium Rs 28792) for basic cover of 4 lakhs only or Basic + top up ( Premium Rs. 33841) with total coverage up to 9 lakhs.

In either case, top-up cover portion is used by Insurance company only when the claim crosses the basic cover limit. So opt for top-up if it only necessary in your case.

Coming to options iv (a) and IV (b), premium with Domiciliary coverage, is very high. You pay Rs 74607 ( with 4 lakh basic cover) or Rs 72670 ( with 3 lakh basic cover) In both options iv ( a) and (b) you can claim a maximum of Rs 30,000 only in a year towards Domiciliary expenditure where as you pay more than this by way of premium. Just AVOID options iv (a) and (b) and choose only either option 1 either with or without Top-up or Option 2 ( only without top-up).

The best available one is Option 1 Basic cover 4 lakhs ( basic cover or with top- up) With basic only, you get 4 lakhs hospitalization and with top-up the cover gets extended to Rs 9 lakhs.


Option 2 and 3 are mere eye-wash and not worthwhile for reasons already explained by me above Options IV (a) and IV (b) with Domiciliary treatment should be AVOIDED at any cost.

You can keep the extra premium you pay for Domiciliary treatment option in your account and meet the domiciliary expenses out of your pocket instead of depending on the Insurance company .

Now, think of the affordability of the revised premium. How can a family pensioner who get a pension below Rs 10,000 can afford to shell out either Rs 28,792/ Rs 27745 for basic cover alone, not to think of the top-up option at all.

 It is nearly equivalent of three months of family pension amount. How the family pensioner survive with just 9 months pension ?

None of the Union leaders who negotiated the deal with IBA think of such stark realities when they agree for the 'reduced health insurance premium' for retirees.

 Moreover, in the case of family pensioner only single person is covered where as in retirees case both retiree and spouse gets coverage for the same amount of premium.

How to tide over these inequalities and injustice ?

The best way is for unions to fight for a subsidy from bank, for family pensioners should get minimum 50% subsidy on premium from the bank and those whose pension is lower than the yearly premium + GST should also get subsidy of 50%.

For retirees who had surrendered their Health Insurance policies with other companies after joining the IBA scheme three years ago, had no other option than renew their policy. Otherwise they will have to go without any insurance cover in the sunset years of their lives.

Health Insurance in India has become a lucrative business with many greedy players involved in it from top hospitals, insurance companies, pharmaceutical companies, medical equipment manufacturers and suppliers, and insurance brokers and service providers. Now India's public sector banks also are part of this coterie. How ordinary citizens can survive in this great whirlpool is a big question mark.

Premraj Cheekoth

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