MOU DATED 22.7.2020
In last 2 days, we have received numerous questions & queries from banking fraternity from across the country with regard to Memorandum of Understanding signed between UFBU Unions ( baring one) and IBA on 22.7.2020. We have to say as under:
1. It has been done by Unions under extreme pressure & dictate of IBA; do it otherwise IBA would do 'something' on its own accord. IBA, obviously with concurrence of authorities, had made up it's mind that in case MOU is not signed on dotted lines, it would move forward and release one month's more advance against arrears & give ad-hoc increase in basic pay from July, 2020. The authorities were no more in tolerant mood to keep it aflame any more & tormenting the mind of banking fraternity.
2. MOU has nothing to surprise. It's just reached out dated. It should have been done on 30th January, 2020 itself, when 15% rise condition set by Unions was met with by IBA. 15% rise demand was set by Unions as an 'unachievable' condition to withdraw 2 days strike of 31st January-1st Feb.2020, having applied their mind and reached to unanimous decision. But, once IBA conceded 15% increase, they were withered & turned their back, of course without cogent reasons. It was a sabotage to themselves.
3. MOU is on expected line. It's not an achievement of Unions. It's on the strength of 'good will' of employees & officers that they 'earned' over last 6 years by their work & conduct, definitely under extremely difficult conditions. Just make a self appraisal. Despite, entire PSBs in Red for several consecutive years & bulging NPAs, the authorities concurred with 15% wage increase. See other side. In 2015, 15% rise was given at the intervention of FM, when all Banks were in rosy picture. This time in most gloomy financial conditions, unparalleled in history, 15% rise has been accorded, which the Unions put forward, assuming as unachievable. It has been in a simplest way, because the authorities have been in hilarious mood with bank men performance in most difficult phase of time, be it demonetization, Jan-dhan accounts, health/life insurance, Atal Pension Yojana, direct transfer of benefits, Mudra Yojana or in present day Covid19 uninterrupted banking services & implementation of economic packages etc.
4. It's one Chapter. It is dealt with. We think, working fraternity, must feel contended, particularly in a situation where there Unions were strategically very poorly dressed up. They took a prima facie view of red balance sheets, losses and were succumbed to Bankers strategy of 2% initial increase offer. Unions were stuck here. It was a trap that Bankers laid. Another trap was officers' scale issue, which created a fury among Unions, divided them and IBA got biggest Officers' Union AIBOC trapped in and thrashed brutally. AIBOC was silenced through different methods. IBA treats Officers' Unions as their cat and it doesn't like, this cat go out of bag.
5. If Unions having powers of united actions have failed in working fraternity matters, how could retirees expect any deal for them is a point of another self appraisal. Family pension was settled long back, but held up till date. So, Chairman SBI opened his lip, just to send a feel good message. Pertinent question is: who are beneficiaries? It's those who were in executive class with high salary, so they had to face ceilings. This goes in their favour. It's going to benefit only 10 to 15 thousand pensioners, not bunch of 72000 family pensioners as acclaimed by a puppet Pensioner Federation.
6. We think, Bank pensioners are aware of false words the leader of biggest workmen Union gave & declared not to sign 10th settlement without pension revision. This time, biggest officers' Unions had made roaring announcements during their 2 days strikes, Delhi Dharana etc that they would not sign 11th settlement without pension revision. Such opportunistic averments are just appeasement. It just rubs salt on wounds. MOU doesn't have any 'pension' word leave 'revision'.
This is one part of our reaction. In nut shell, whatever is there that's not because of Unions, but because of good will that bank men earned by their exemplary work & conduct. Unions succumbed to circumstantial traps of Bankers, which IBA used, as their strategy. On 22.7.2020, Unions were under extreme pressure and compulsions with no alternative except to sign on dotted line, except one. One- it may come on line after some flutter. Travel to Mumbai was 'control' and 'save' from offing great showdown.
Wait for further detailed analysis.
Greetings,
( J. N. Shukla)
National Convenor
24.7.2020
9559748834
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One of facebook friends post as follows after MOU
👆The present family pension eligibility norms are shown in above document. Basing on salary bracket, eligible per centage of family pension will change. The higher the salary bracket the lesser the family pension. Also the maximum and minimum ceilings are there.
But as announced by IBA Chairman on 22.7.2020 on the occassion of signing the minutes of understandings with UFBU, the imorovement of family pension will be as follows:
1. Family pension will be revised at uniform rate 30% of last pay drawn to all family pensioners without any ceiling on amount.
2.All the present ceilings on family pension will be removed.
3. IBA agrees in principle the improvement in family pension and necessary approvals from Government will be obtained.
This is a very significant development in respect of financial benefit to family pensioners. Those who are drawing 15% will get 30% after revision. In this respect please see the AIBRF letter No.2020/423 dt.23.7.2020 which elaborates the significance of this achievement to majority of family pensioners who are women.
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