Friday, July 23, 2021

IBA Meeting Trade Union Leaders On Issue Pension Revision

 फोरम आफ बैंक पेंशनर 


TO ALL ACTIVISTS/PENSIONERS


The representatives of all Officers and Employees Unions, except Befi, participated in the meeting of the Pension Revision Committee held yesterday, 22.7.2021. The Chairman of the Committee, Shri Mallikarjuna Rao, the Vice-President and other members were present. The temperature was very high for the meeting, which dropped significantly in the afternoon. Let's look at the proceedings of the meeting:



◆ The meeting was convened by the Chairman of Pension Revision Committee, Shri Mallikarjuna Rao, on the issue of Pension Revision, but from what the leaders of the officers/employees Unions expressed, it was evident that they were considering this meeting as a meeting of the "Negotiating Committee of IBA". Away from revision, they talked more on those issues which had nothing to do with the Committee. Such a huge digression gives a clearer message of intellectual bankruptcy of these leaders.



◆ The Committee did not open its card in the meeting. What homework did the Committee do, what's its intention, assessment or proposal, it was not even indicated at all. The Employees Unions seem to have made their oral presentations, while the Officers Unions made their submissions through letter addressed to the Chairman of the Committee, Shri Mallikarjuna Rao. What happened was one sided. The Committee listened to them but ended the meeting without giving any it's opinion or view points.



◆ In this meeting, Officers and Employees Unions participated without mutual consultation and coordination. No similar initiative was seen on the common issue like "pension revision" in the interest of both the cadres. The character of the United Forum had already been exposed, which was reiterated and reinforced here.



◆ The Employees Unions did not mention at all what was the IBA's response or reaction to the issues presented by them, while the Officers Unions in para 3 of their circular dated 22.7.2021 stated that the response of the Committee was disappointing, the Chairman concluded the meeting with the remark that this meeting was organized to know the views of the organizations (on pension revision). On other issues raised, IBA will take steps to resolve them.



◆ Employees Unions remained silent on the change of pension commutation chart, while Officers Unions were confused as to what "career officer" meant. Officers Associations said in their written report that it cannot be taken in isolation, but did not say what they were going to uproot. The commutation chart is based on the recommendations of the 6th Pay Commission, in which there is also a provision of 40% pension commutation.



◆ Full pension on 20 years of service, instead of 33 years, and there is a provision for calculation of pension on the basic pay of the last month or the average basic pay of 10 months, whichever is higher. .



◆ Employees Unions demanded additional pension of pensioners at the age of 80, 90 and 100 years as in Central Government / Reserve Bank pension, but Officers Unions did not make such demand.



◆ Employees Unions demanded provision of pension revision along with pay revision. Officers Associations also reiterated this demand. Employees Unions demanded pension revision from 1.1.1986 to 31.10.2017, but remained silent on how to be, whether to be on the lines of RBI, while Officers Unions demanded pension revision up to 31.10.2017, saying, "there is the provision in the Pension Regulations that the updation will be on the lines of RBI. RBI's pension has been revised twice during this period. We have demanded that the pension of bank employees should be adjusted on the basis of RBI's formula."



◆ The Employees Unions demanded to increase the pension of all to 6352 indices, but the Officers Unions were silent on this. Both demanded to give pension option to the Resignees. 



◆ This meeting was called by the Pension Revision Committee on the issue of pension revision. Instead of pension revision, Union Leaders were seen giving more attention to other issues. This Committee is constituted for pension revision, but what about the leaders, they are tailors of their own free will, they can stitch whatever they want.


◆ Somebody talked about the Memorandum of Understanding dated 22.7.2020, terming 22.7.21 as a big auspicious day. People know on 22.7.2020,  pension policy was re-sterilised,. The Officers Associations made compassionate appointments, medical bills of Covid, TPA's unpassed bills, 5-day Banking, vigilance cases, lodging-boarfing bills etc very irrelevant topics  to the Committee.



◆ The presentation of the Bank Karmchari Sena Mahasangh was misleading and misconceived. They have failed to put forth what they want and what are the grounds or rationale for their demands.



◆ Employees Upnions have boasted that very soon the talks on pension revision will turn into a huge success. Was this really from the heart or just to distract, time will tell. Everyone in banking remains in doubt about the insidious character of the unions. However, the Officers Associations did not make any such claim. They exercised refrain.



◆◆ We understand, this meeting has deeply dented the remaining credibility of the Unions. It was obvious that the Unions would not desist from their devious tricks and they would display their poor mentality towards pensioners. What happened was not unexpected at all. Bank pensioners were mentally prepared for such a situation.



◆This was just a trailer of Unions, the full picture is yet to come, that's our assessment. As the caravan of pension revision progresses, the nakedness of Union leaders will come to the fore.



● Pensioners continue their work, avoid rumors and disorientation at all costs. This is not a matter of competition or race, nor is there going to be any solution through mutual war of words. To reach the goal, it is necessary to walk in the right direction. Rest situation will be discussed in the next post.


Greetings



(JN Shukla)

23.7.2021

9559748834

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