: Outcome of half yearly Pension & Gratuity Trust Meetings in Union Bank of India

From: Colinjivadi Mahadevan <chmahadevan@gmail.com>

To: Seetha And Kishore <rbkseetha@yahoo.com>

Sent: Friday, January 12, 2024 at 10:50:58 AM GMT+5:30

Subject: Re: Outcome of half yearly Pension & Gratuity Trust Meetings in Union Bank of India

Dear Mr Kishore,

Thank you for your mail. 

I am sorry  that you are battling with health issues of yourself and Mrs Kishore.I pray to God that you should both recover speedily to a zone of comfort with good treatment from your doctors.

As regards the additional pension to pensioners aged 80+ yrs, no doubt it will be a happy thing if it materialises. Required outlay will not be an impediment as it is settled in many Supreme Court judgments that financial constraints cannot be a ground for denying a Constitutional fundamental right.But when we compare the situation with that obtaining  for Central Government pensioners, the 80+yrs old pensioners get the additional pension on the pension updated after implementation of the CPC Recommendations. So every octogenarian pensioner  would have secured at least two revisions of pension before getting the additional 20% pension.So in my opinion, it will only be appropriate that upgradation of pension and additional pension should take place together with retrospective effect. This can happen if Rule 56 gets implemented with retrospective effect ,We need to stress this together with Rule 55 B which discriminates retirees below the cadre of Managing Directors of LIC, attracting D S Nakara case ratio laid by the Supreme Court.

Central Government has already rejected the recommendation of the Parliamentary Committee for additional pension for 65+ yrs old pensioners even for Central Government pensioners.

I note your approximate statistics of pre- August 1997 pensioners as follows:

Class III & IV     8934(61.8%)

Class II                809 (5.6%)

Class I               4715 (32.6 %)

Total               14458

Does this figure include family pensioners?

What was number of retirees who were alive and receiving pension as at 31/7/1997?

The AIIPA must be more concerned about  non upgradation for Class III & IV retirees as they constitute 61.8% of pre- August 1997 retirees.That is the reason why after the DHC judgment dt 27/4/2017 only 3600 plus pensioners got DR arrears while nearly 16000 pensioners got 40 % IR as per Supreme Court order as all Class III & IV retirees were enjoying 100% DR neutralisation. A large number of Development Officers also did not get the benefit of DHC judgment.

 

That figure can give us an idea of the number of retirees who have died during these 26 years.

I heartily reciprocate your greetings for Happy New Year 2024 and Happy Makara Sankranti. 

Kind regards.

C H Mahadevan 

On Fri, 12 Jan 2024, 00:33 Seetha And Kishore, <rbkseetha@yahoo.com> wrote:

Dear Sri Mahadevan,

1)We were busy with medical consultations for me re Dentist,Cardiologist & Geriatrist for abdominal pain & some vomitting. For Mrs Seetha Kishore,Diabetologist & Skin Specialist.Old age & Super Sr Citizens have cup of woes & consultation.In spite of my talks,fup, with  Top Mgt,I used to & am insisting still,CMB Cash Medical Benefit on same lines as that for Employees,ranging from Rs9800pa for Class 3 & 4 to ED RS29,900 per annum.Our app calculation on reasonable distribution of Numbers among Classes ia a Meagre Rs110crores pa

Similarly,for Age-related Pension rise at ages 80,85,90,95 & 100 , 20%,30,40,50 & 100% ,as at bages 90,95 & 100,it will be such abysmally low Numbers ,it worked out to less than Rs100crores,which is also peanuts to LIC

   All enquire on recent developments for increase in Basic Pension at ages 65,70,75 @ 5%,10% & 15 %, as is being discussed in IBA & Bank Fedns Talks. Why CG Fedns powerful as they are , pressurising Govt to constitute 8th Pay Commission quickly, as they are alert Govt machinery will be busy with other priorities,So even Restoration of Commuted Pension, they insist must be changed to 12 years from 15 years     

2)Regarding last line of ur email, I give data on the basis of veteran Sri RKSahni,with whom many of us are associated, elaborate. Cadrewise,Classwise figures of pre- 8/1997 pensioners.Hitherto,even at SC SLP presentations & elucidations,our AIRIEF figures fairly withstood test of time, difference between  Ours & LIC outlay difference , a meagre one only.If years & years pass by, certainly outlay may look formidable, but Pension outlay per annum will be the right,ethical standard, though many earlier SC judgements categorically convey, they are least concerned with nuts & bolts of calculations & pass orders suitably.Govt could not resist even Effective date when they wanted for OROP too as 2012 but SC Ordered 1/1/2006 date of PC.EVEN Curative petition was summarily dismissed. All these thoughts come as tentative DDay arrives for our Cases 24 Feb 2024.

3)Data approximation,fairly correct it should be,stands as follows : PRE-8 /1997 Pensioners

   

    /Class 3 & 4 :ASSISTANT,HGA, OTHERS     :8934(3545 +4551+0838)

     Class 2         : Development Officers                :0809

     Class 1         :Officers                                        :4715 (1083+1544+1170+0499+0243+0062+0114)

                                                                                                  (  AAO  to  ED)

                                                                         GT  :14458

GREETINGS FOR NEW YEAR 2024,PONGAL & SANKARANTHI GREETINGS too &Warm Regards,

R.B.KISHORE

On Friday, January 5, 2024 at 09:52:23 AM GMT+5:30, Colinjivadi Mahadevan <chmahadevan@gmail.com> wrote:

The percentage of pre-November 2002 pensioners drawing 100% neutralised DR in Union Bank of India  to total number of pensioners as at 31/3/2022 works out to 21.6% .

In case of LIC, the pre-August 1997 pensioners are deprived of 100 % DR neutralsation. We can roughly assume that they may constitute 20% of total pensioners  as at 31/3/2023 which will be roughly 14918 .The number of surviving pre-August 1997 retirees & family pensioners may be about 14500.Assuming that family pensioners constitute  about 30%, the surviving pre-August 1997  retirees may be about 10000 & surviving family pensioners may 4500 on an estimated basis.

We can judge how many pre-August 1997 retirees have died so far who will be deprived of 100% DR neutralisation if it is provided with prospective effect.

Do we have the total number of pre August 1997 retirees as at 1/8/1997?

C H Mahadevan 

On Thu, 4 Jan 2024, 16:21 Ramanujam Kishore, <rbkseetha@gmail.com> wrote:

---------- Forwarded message ---------
From: UBIRETIREES RAJKOT <rajkot@ubiretirees.in>
Date: Thu, 4 Jan 2024, 1:50 pm
Subject: Outcome of half yearly Pension & Gratuity Trust Meetings in Union Bank of India
To:

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)
403, Sadhana Down Town, Near Punjab National Bank,
Jubilee Chowk, Rajkot - 360 001 (Gujarat).  Phone: 0-94272-07021

  E-mail < ubiretirees@gmail.com > < rajkot@ubiretirees.in >  

======================================================

Date: 4th January, '24

To

All the regular recipients of our Association's e-mails,

Friends,

Outcome of half yearly Pension & Gratuity Trust Meetings in Union Bank of India

The Circular dated 3rd January, '24 issued by Comrade N. Shankar, General Secretary, All India Union Bank Employees' Association is re-forwarded herewith.

Yours sincerely,

B.G.Raithatha,

General Secretary

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