How To Exercise Option For Insurance

UNION BANK RETIRED EMPLOYEES’ ASSOCIATION

(Registered under Trade Union Act, 1926: Registration No.G-6201)

(Affiliated to All India Bank Retirees’ Federation through All India Union Bank Retirees’ Federation)

-: Office :-

403, ‘Sadhna Down Town’, Near Punjab National Bank, Opp. Alfred High School,                       

Jubilee Chowk, Jawahar Road, Rajkot – 360 001 (Gujarat)

(Phone :94272-07021) E-mail :  < ubiretirees@gmail.com >

BULLETIN NO. 44  :

QUARTER :   October – December, ‘17

MEETING OF THE CENTRAL COMMITTEE OF ALL INDIA UNION BANK RETIREES’ FEDERATION As scheduled, the meeting was held at Lucknow on 16th & 17th September,’17, wherein the following important decisions were taken. Take steps for establishment of Grievances Cell at the Central Office, for timely redressal of issues of retirees. Comprehensive demands should be made again to our Bank’s Management, and all steps should be adopted to ensure discussion by our Federation with the Bank Management. The Central Committee also debated the co-ordination with the other retirees’ organizations in Union Bank. It was felt that whatever decisions are adopted by the apex body AIBRF in this matter, should be the guidelines for our Federation The Federation should take up the cases of denial of second pension option to the compulsorily retired officers / employees who were otherwise eligible for it in the year 2010. Members of the Associations affiliated to our Federation should actively participate in all the action programs chalked out by working unions/associations in the matter of merger / consolidation of public sector banks and NPA recovery. The Federation should write to the bank to allow the spouses of the employees deceased in harness, to become member of UBIREMAS. The Federation should write to the Bank to continue to subsidize the premium of Medical Insurance to the family pensioners as had been granted in the previous year. E-MAIL IDs. OF OUR MEMBERS Most of the communications by our Association are nowadays sent to the members by e-mails. Therefore, as requested to the members several times earlier, if they have facility of e-mails, please convey their e-mail IDs to our Association by sending an e-mail on its e-mail ID                                                  < ubiretirees@gmail.com >

RENEWAL OF OUR MEDICAL INSURANCE SCHEME Our Association’s Circular (in Gujarati) and our Bank’s Circular are sent herewith. Please go through the same thoroughly. If you require any further help / guidance, please contact local or nearby Office Bearers / Central Committee Members / Activists of our Association. For helping, guiding and filing ‘on line’ applications on the Bank’s portal from the Association’s Computer, Rajkot Office of our Association will remain open on the days and timings mentioned below. Date Day Timings 9-10-‘17 Monday 11 a.m. to 1 p.m. 11-10—‘17 Wednesday -do- 13-10-‘17 Friday -do- 16-10-‘17 Monday -do- 17.10.’17 Tuesday -do- 18.10.’17 Wednesday -do- 22.10.’17 Sunday -do- 23.10.’17 Monday 11 a.m. to 1 p.m. & 5 p.m. to 7 p.m. Our Association’s members settled at Rajkot and nearby cities / towns / villages may come to the Office for this purpose on any day and during timings mentioned above. Please bring your mobile phone with you, as it will be required for receipt of OTP (One Time Pass Word) INDIVIDUAL ISSUES SETTLED DURING THE QUARTER Our Association has been able to settle the following individual grievances of the members during the quarter. In a number of cases, the members’ grievances for non payments / less payments of Medical Insurance Claims are resolved.   We have been able to get an award from the Assistant Labor Commissioner (Central), Rajkot for payment of Gratuity to Shri J.R.Gohil, compulsorily retired Senior Manager Visavadar Branch had not paid Pension to our Bank’s retired employees for the month of September,’17 till 3rd October,’17. On our complaint to the Bank’s MD & CEO by e-mail on 3rd October,’17 at 8 p.m., the pension was credited within 45 minutes.

Letter dated 05 10 2017 addressed to the Convener UFBU by the President, AIBPARC is reporduced below:

To                                                       Dated: 05.10.2017
Com. Sanjeev Kumar Bandlish
Convener UFBU

Dear Comrade. Sanjeev,

Sub: Bank Retires Insurance Scheme

I very fervently request you to present the following before the IBA and UIIC in your tomorrow's meeting.

1. UIIC SHOULD REDUCE PREMIUM and the reason of high claim ratio is questionable.

2. Retirees Premium should be at least reasonably subsidized though as per DFS, Govt. Of India communication to IBA Dated 24th Feb 2012 they only advised IBA to devise Medical Insurance Scheme both for serving employees and Retirees and never the DFS suggested to collect the Premium from the Retirees.

3.The Super Top Up Policy offered by UIIC should be officially communicated to all member Banks and those opt for Super Top Up Policy the Premium should be collected along with Basic Policy and remitted to UIIC by the Banks.

4. UIIC SHOULD IMPROVE THE Super Top-up Policy to Rs 5 lacs for Award Staff and Rs 6 lacs for Officer Retirees.

5. The process of settlement of claims should be smooth and fast and holding the bills unsettled on flimsy grounds should be avoided.

UIIC HAVING GOT THE BIGGEST VOLUME OF INSURANCE BUSINESS THROUGH BANK EMPLOYEES AND RETIREES SHOULD GIVE HIGH CONCESSION IN PREMIUM.

In case of Retirees the claimants are maximum two and in good number of cases only one as the other would have ceased to exist.

Family Pensioners are the worst sufferers as the Family Pension is abysmally very poor and they just cannot afford to pay such high premium.

We once again request you to take care of the Retirees with utmost concern and compassion.

With Regards,

Yours sincerely,

K .V .Acharya.
President,
AIBPARC.