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Saturday, 9 December 2023

A.I.B.P.A.R.C.'s Circular no. 99-23 Date: December 08, 2023

ALL INDIA BANK PENSIONERS' & RETIREES' CONFEDERATION (A.I.B.P.A.R.C.)

C/O BANK OF INDIA OFFICERS' ASSOCIATION

(EASTERN INDIA BRANCHES)

BANK OF INDIA, KOLKATA MAIN BRANCH 23A, NETAJI SUBHAS ROAD, KOLKATA 700 001 Mobile: 9674188524, E-mail : aibparc2@gmail.com

-______________________________________________________________________________________________________________________________

Circular no. 99-23

Date: December 08, 2023

For circulation among members of the Governing Council, State Secretaries, Special Invitees, Advisors, Affiliates, Constituents of CBPRO and Members.

Dear Comrade,

Sub: "They" have acted on predictable lines – relevant Regulation of BEPR (1995) completely ignored RBI formula of Pension Updation thrown away in the air decide to pay ex gratia in the form of alms to Pensioners reducing their stature to beggars MOU between IBA and UFBU arrived dashing the hopes of their Elders on the Midnight of 7th December, 2023 our demand for pension updation gets stronger than ever and struggle is on.

  • 1.
    We quote hereunder point number 5 of the referred MOU signed on 7th December, 2023. The paragraph is self-explanatory.

"Without prejudice to the demand of unions/associations for updation of pension for all retirees, it is also agreed that as a one-time measure applicable for the current bipartite/ Joint Note period, monthly ex-gratia amount will be considered along with pension by PSBs to pensioners, who were drawing pension as on 31/10/2022. The applicability of the said ex-gratia for the retirees of the current settlement period will be discussed further. The said ex-gratia amount will not attract any other allowance including dearness allowance."

  • 2.
    The word "ex-gratia" means a payment given as a favour rather than because of any legal requirement. It is a payment by virtue of grace. This is a voluntary payment which is not a part of an Institution's legal liability. In our opinion, it has the following connotations:

*The parties to the MOU have understood that the present quantum of pension given to a retired individual is not sufficient and that is why some "mercy" is to be shown to them. Though the attitude is obnoxious, the belated perception is at least a forward movement in the negative sense of the term. Whatever may be the formula to be decided for payment of ex-gratia, it will create gross discrimination in the entire community of Retirees.

*The parties to the MOU should have understood and appreciated that there is no such provision of payment of ex-gratia to Pensioners in the Pension

(A.I.B.P.A.R.C.)

Regulations who have retired after 01.01.1986. There was only one Regulation (the oft-quoted 35.1-Appendix 1 with amendment in 2003) by which the position could have been set right. The IBA was required to declare the updation formula in respect of each Bipartite Settlement and the implementation was needed in the pattern of RBI. This has also been very unfortunate for us to note that UFBU never made a demand for declaration of the updation formula although relevant provisions of law have been made available to them at different points of time. The shyness and obstinacy on the part of the constituents of UFBU emboldened the defence mechanism of IBA to make a stubborn denial of the valid demand of Pension Updation. It is unfortunate that IBA--UFBU Combine are attempting to reduce the very well-articulated Pension Regulations into Ex-gratia mess and we wonder to see the alarming signals of converting Periodical Wage Settlements for Serving Employees and Officers also into Ex-gratia in future.

It is appalling that the UFBU Constituents have either not understood or ignorant of the fact that Bank Pension Scheme is a defined Pension scheme where the entitlement of Pension including Updation are well defined as per Pension Regulations which are Statutory Provisions with force of law. Continuously the IBA -- UFBU have distorted Pension Regulations, be it different DA index merger for Serving Workforce vis a vis Pensioners in the 7th Bipartite Settlement, Denial of Additional years Benefit to Special VRS optees, Denial of Pension option to CRS and Resignees, Denial of Regulation 26 for Specialist Officers and most strikingly Denial of 100 Percent DA Neutralization to Pre-November 2002 Retirees. Fortunately, Judiciary came to the rescue of Retirees. And so far as 100 percent DA, due to the persuasion by Pensioners Organisations. Sadly, the herculean efforts put in by the then Visionary Leaders Comrades R N Godbole of AIBOC, Tarakeshwar Chakraborty of AIBEA, and Lakshminarasiah of NCBE bringing out the Pension Scheme and Pension Regulations for Bankers are being diluted and distorted in a planned way. At the same time some Leaders of UFBU are lauding themselves of realizing the dreams of Pensioners for Ex-gratia/ Improvement in Pension is reprehensible and showing callous disregard to the legal entitlements of Bank Pensioners.

*Through the clouded sky, the ray of Sunshine is sometimes seen. This is good to see the use of the words: "without prejudice to the demand of unions/associations for updation of pension for all retirees"- it is, therefore, clear that our demand is just and legitimate and its force is in no way diminished by the alms given or proposed to be given in the MOU.

*After almost a year- long battle of conceptual struggle, we have been able to make "them" forget at least for the time being the use of the group of words "Past Retirees". The Retirees have now been taken as a single and homogeneous community. Our letters written to Hon'ble Union Finance Minister, DFS, and IBA have created this impact that the artificial bifurcation would not stand the test of law.

  • 3.
    Members will have to understand that the demand for Pension Updation remains in the canvas with greater force of law. We are to continue our struggle with religious dedication till we achieve the desired goal. We are once again to remind you of the tasks ahead.

*Make all- out efforts to see that the entire membership and even beyond it (the other willing Retirees) join the campaign of on-line memorandum and make their feeling of grievances known to IBA and GOI. The success of this campaign has a larger significance that members demand updation in real sense and not the disrespectful ex-gratia. It has been noted with displeasure that some of the constituents of UFBU have described the decision to pay ex-gratia as an improvement in pension for all pensioners. This is unfortunate to see the perceptional bankruptcy.

*Once the current campaign is over by the end of the year, the organization will take stock of the events and decide further course of action. Our legal fight in Judiciary, our physical demonstration of strength in streets and our persistent follow up with all concerned will continue with still Greater Zeal, Vigour and with all force at our command.

*Members stationed in different parts of the country have been making telephone calls to the principal office bearers for the very natural reason of knowing the updates. We, therefore, request the General Secretaries of all affiliates and constituents of CBPRO to give largest publicity to this particular communication.

With best wishes and regards,

Comradely Yours,

K V Acharya President, AIBPARC & Jt. Convener, CBPRO

Suprita Sarkar, General Secretary

Notification for specialists


Notification for specialists in the offices of Insurance Ombudsman:-
https://drive.google.com/file/d/1d8_j1VdL-DJEwBJ67tDOEA41xtiA_mYv/view?usp=drivesdk


Sense Of Intolerance Among Communities Causing Polarisation Across The World : CJI DY Chandrachud

Sense Of Intolerance Among Communities Causing Polarisation Across The World : CJI DY Chandrachud 

Bombay HC & Maharashtra-Goa Govts Favoured Renaming To 'Mumbai High Court'; Madras HC Opposed 'High Court Of Tamil Nadu' Proposal: Law Ministry

Bombay HC & Maharashtra-Goa Govts Favoured Renaming To 'Mumbai High Court'; Madras HC Opposed 'High Court Of Tamil Nadu' Proposal: Law Ministry

https://www.livelaw.in/news-updates/madras-high-court-opposed-tamil-nadu-maharashtra-goa-govts-bombay-high-court-mumbai-law-ministry-244014


12 BP _17% HIKE_ Pay Structure


12 BP _17% HIKE_ Pay Structure
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CO CIRCULAR IS ISSUED EXTENDING DATE FINAL TO 31ST DECEMBER, 2023.

To EXTEND THE LAST DATE TO 31ST DECEMBER 2023 ,with PATIENCE, PERSISTENCE  & STRESS ON EMPATHY TO WEAKEST LINK IN THE CHAIN ,PENSIONERS,& STILL ALL OVER INDIA LARGE NUMBERS WILL BE LEFT UNCOVERED WITHOUT MEDICLAIM SA OPTION 

ATLAST ,WITH FERVENT PRAYERS,JUST FEW MINUTES BEFORE, 
    ED Personnel himself telephoned me & 
ANNOUNCED CO CIRCULAR IS ISSUED EXTENDING DATE FINAL TO 31ST DECEMBER, 2023.
        EFFORTS WERE  SINCERE & SERIOUS,PORTRAYING BIG BACKLOG OF LEFTOUT PENSIONERS ,WITH NO COVER,IN AN AGE OF ILLNESS & DISABILITY & SURE TO ENJOY AIRIEF EARLIER EFFORTS WHICH RESULTED IN 75% REBATE FOR BASIC SA, A BIG CONCESSION & SAVING FOR ALL .
    I AM INFORMING RMOS, SYOS,ZO SZ & AS ZOMEDICLAIM, AO MEDICLAIM,  MGR/DM BIGGEST DO1* MGR/DM DO2 ,ALL.OF WHOSE MOBILE Nos I have & which Full TelephoneList  .Months before I circulated to all ACTIVISTS& OBs RIEA CHENNAI
I AM ALSO INCLUDING IN AIRIEF/ RIEA SZ OBs WHATSAPP GROUP CREATED BY US RBK, DTHALAKKISH & PAINSTAKING RAMAIYAMOORTHY 
 INFINITE JOY AFTER TENSE 8 DAYS,PAs CO cooperated but ED,MD,CHSIRPERSON FINALLY OKAYING IS THE SWEETEST SONG.
     REDOUBLED ALL ROUND EFFORTS BY EMAILS  PHONE CALLS, AS LIST OF CHENNAI,ALL 3 I CIRCULATED TO MEET THE PENSIONERS AS MANY AS POSSIBLE FOR FRUITFUL.FINAL RESULT 
 GOLDEN OPPORTUNITY please 
LABOUR OF LOVE & SACRIFICE NEED OF THE HOUR
 WITH GERIATRIST SPECIAL TREATMENT FOR INTERMITTENT VOMITTING ,I DID MY DUTY  ,ENJOINED IN EVERY ONE OF US
 
GREETINGS & WARM REGARDS
 RBKISHORE
     

From: Ramanujam Kishore <rbkseetha@gmail.com>

Date: Fri, 1 Dec 2023, 12:48 pm
Subject: Telephone call re 1 MONTH EXTENSION FOR GROUP MEDICLAIM FINAL ONETIME OPTION for PENSIONERS ,SINCERELY REQUESTED


Respected Sir,   (Sri SATPAL BHANOO),MD
 
1).This has reference to my urgent call to you to EXTEND TIMELIMIT expired on.30 November 2023,by ONE MORE MONTH  of DECEMBER 2023  as 
Family Pensioners are the weakest link in the chain  cannot fully understand & grasp the essentials of a problem ,to comply with Requirements called for. Response so far is very poor & efforts have to be intensified.
    
2) This extension will be a BOON, as otherwise, they will not have some decent Mediclaim.cover to tide over so many illnesses & disabilities Elders face in their lives.
  While the 2 Forms & the DGH required can be completed in extended time further  
Fortunately,as a Saving Grace Premium.amount determined & to be deducted will take place, as per CO Circular alongwith Finalisation of Group Mediclaim policy in February end or March.

3) Sir, realise the plight of the Family Pensioners & the real need for cover should not disappear ,with time schedule.In fact in our Emails & contacts & phone calls & Reminders, they have been urged to OPT for atleast BSA,Basic Sum Assured Rs 10 lacs or 15 lacs

4) Many times we have placed this genuine request for Option offer for left overs ,even when Rs50 lacs hiked as OSA OPTIONAL Sum Assured but New India did not .
   So  now atleast Kindly be gracious  Sir  for a real & genuine need for this Cover to face life's eventualities & illnesses for the Pensioners with moderate pension to atleat enjoy this facility.

     For this act of kindness & concern for Sr Citizens & Super Sr Citizens  we all shall be eternally grateful & obliged to you for the concern & empathy you will be exercising in larger & noble interests. 

 .   Greetings for Divali, Karthikai & ensuing Christmas & NEW YEAR 2024 with prayers as Licians for a thumping & stellar LIC performance.

  R.B.KISHORE ED Retd LIC,
   PATRON AIRIEF(ALL INDIA RETD INSCE EMPLOYEES FEDN of all cla  sses),

098403 40591.

AIBEA CIRCULAR NO.29 DATED 08.12 2023 PAGE (1)


                       (1)

AIBEA CIRCULAR NO 29 DATED 08.12.2023-PAGE (2)-MOU 12 TH BIPARTITE SETTLEMENT






Friday, 8 December 2023

Pension UPDATION For retired bankers

For retired bankers only
Dear pensioners

Pension UPDATION

IBA-UFBU FORMULATING THE FORMULA OF 

MERGER AT 8088

WITH ADDITIONAL PENSION IN THE FORM OF 
AS EX-GRATIA 

RANGING FROM RS.2000- TO 10000-
MAXIMUM WITH NO ATTRACTION OF
D.A.
BASED CADREWISE AND AGEWISE

2000-4000 for 10th and 11th bps
4000-6000 for 9th bps
7000-9000 for 8th bps
7000-10000 for 7th bps and below

WAIT FOR TRANSPARENCY.
Forwarded as received

BREAKING| Supreme Court To Deliver Judgment In Article 370 Case On December 11

BREAKING| Supreme Court To Deliver Judgment In Article 370 Case On December 11

https://www.livelaw.in/top-stories/supreme-court-to-deliver-judgment-on-article-370-case-on-december-11-243989


12 TH BIPARTITE SETTLEMENT

12 TH BIPARTITE SETTLEMENT 
https://drive.google.com/file/d/1bFxSak3vZzJZU1S0qge0KxvOaRUuvppO/view?usp=drivesdk


12TH BIPARTITE SETTLEMENT NEWS



#AIBEA


Wednesday, 6 December 2023

Lok Sabha Passes Jammu and Kashmir Reservation Bill, J&K Reorganisation (Amendment) Bill

Lok Sabha Passes Jammu and Kashmir Reservation Bill, J&K Reorganisation (Amendment) Bill 

SC Directives for Safe Deposit Lockers: Key Aspects for Bank Customers

SC Directives for Safe Deposit Lockers: Key Aspects for Bank Customers: Changes in bank locker agreements after Supreme Court's directives in India. Analysis of new agreements, stamping issues, and customer rights.

LIC emerges as the 4th largest global life insurer in S&P’s new ranking