AIBEA Version :
"ANNUAL WAGE INCREASE OF RS. 4816 CRORES FROM
1-11-2007
ONE MORE OPTION FOR PENSION ACHIEVED
WE DEDICATE THIS ACHIEVEMENT TO THE MEMORY OF
COM. PRABHAT KAR ON HIS 25TH DEATH ANNIVERSARY DAY
Yes, today, 27-11-2009, is the 25th death anniversary of our great leader and doyen of bank employees trade union movement, Com. Prabhat Kar. On this solemn day and during the centenary year of this father of our movement, we deem it a befitting commemoration and tribute to his life-long pioneering role in shaping up the service conditions of bank employees that the Minutes have been signed with the IBA on our wage revision demand and more importantly, securing another option for more than 3 lacs of employees/officers/retirees to get the benefit of our unique pension scheme.
Salient features:
a) Annual wage increase of Rs. 4816 ( Rs. 2239 crores for officers and Rs. 2576 crores for workmen employees ) w.e.f. 1-11-2007.
b) All the existing employees who are now in PF scheme will be given an option to join the existing pension scheme.
c) All those who have retired after the date of Pension Regulations till date will also be given an option to join the pension scheme.
d) Full settlement on the above to be finalized within 90 days.
Wage revision – what we have achieved:
|
| 7th BPS | 8th BPS | NOW |
| Additional annual wage load | 12.25 % | 13.30 % | 17.50 % |
| Total quantum of annual wage increase (Officers & Workmen) |
1497 crores |
2200 crores |
4816 crores |
| Annual Average Per Capita Increase Ø For Workmen employees Ø For Officers |
12,550 24,025 |
23,300 43,600 |
56,200 91,800 |
ONE MORE OPTION TO JOIN PENSION SCHEME
– A UNIQUE ACHIEVEMENT:
In 1993, after bitter struggles and against all odds, AIBEA and AIBOA achieved pension scheme for bank employees. Today, once again, with the leading role of AIBEA and AIBOA, another milestone has been anchored. More than 3 lacs bank employees, officers and retirees will now get another option to join the pension scheme to insulate themselves with this unique social security benefit. It is a very commendable achievement indeed.
Dear comrades, with the signing of this Minutes, the main understandings have been reached. Now the UFBU will be taking steps to expedite the final settlement with revised pay scales, allowances and other improvements and thereafter for implementation of the same and payment of arrears to the employees.
Dear comrades, on this happy occasion, it is necessary to remind ourselves that these achievements were preceded by persistent efforts and protracted negotiations by the leadership of UFBU and backed up by the exemplary unity of the bank employees and officers and their successful participation in the strike actions. It is the result of our unity, militancy and perseverance."
Source : AIBEA (The text is as available with AIBEA website)
SBI Association walked out of the meeting, NPS for new entrants w.e.f 01.04.10.
Representatives of SBI employees unions walked out of the deal saying their interests were not protected. But with the United Federation of Banking Unions, the body that represented nine employees associations, signing the minutes of the meeting, the deal is said to have been clinched. Now SBI employees would have to negotiate with the management to ensure that their interests are protected.
SBI Officers may go in strike.
Wage Increases and Pension Option
Wage increase
Banks (all public sector banks, some old generation private sector banks and a few foreign banks) have agreed to an aggregate annual wage increase of Rs 4,816 crore (or 17.5 per cent increase over the collective establishment cost of Rs 27,520 crore as on March-end 2007 on account of employees), said Mr K. Unnikrishnan, Deputy Chief Executive, IBA.
About seven lakh bank employees, including officers, clerical and award staff, will stand to gain due to the wage revision, said Mr Vishwas Utagi, General Secretary, All Bank of Maharashtra Employees Association.
Further, 2.72 lakh existing employees and 35,000 retired employees will benefit as another option for pension is being extended to non-pension optees.
The total liability on account of existing employees exercising the pension option is Rs 6,000 crore and that due to retired employees is Rs 3,116 crore. The gap in the pension liability will be shared between banks (70 per cent) and employees (30 per cent).
Retired employees
Retired employees (non-pension optees), who were in the service of the bank as on September 29, 1995 and March 26, 1996 and retired thereafter, choosing the pension option will be required to return the bank's contribution to the provident fund with interest thereof received by them at the time of retirement.
Further, they have to contribute to the pension fund their share of 30 per cent of the gap in pension fund.
Existing employees (non-pension optees) can exercise the pension option by contributing to the pension fund their share of 30 per cent of the gap in pension fund.
This contribution will be recovered from the arrears payable on wage revision.
According to the agreement, a defined contributory retirement benefit scheme will be introduced for workmen/ officers joining the services of banks on or after April 1, 2010.
Though SBI employee representatives too were part of the negotiations, they were unhappy with the pension agreement as the pension scheme of other public sector banks is better, said Mr Utagi.
The IBA and the unions will finalise the joint note within three months.
(With inputs from Business Standard and Hindu Business Line.)
819 comments :
«Oldest ‹Older 401 – 600 of 819 Newer› Newest»As pointed out by blog members that the calculations are done based on 31-03-2008, UFBU is in order in demanding pension from 01-04-2008. This will offset atleast to certain extent the demands of the existing retirees who are demanding pension from the date of retirement.
As per data published today index for Dec 09 is 169.Accordingly increase in DA slab for Feb `10 will be 32 slabs.
DA increased by 32 Slabs..Total 382 Slabs (68.76%)
Dear Shankar
Thank you for your clarification.
But I would like to bring to your knowledge that there is no pension fund gap generated as on date. Only when the PF optees contribute after the date of the present settlement the fund will be generated,
That is the reason why I wrote the way I have written on 28.01.10.
I would again request the enlightened blog members to comment on what I have stated on 28.01.10.
In case pension option is given from 1.04.2008 one more benefit will be that the next birth day factor also will be more and this will result in more commutation amount.
Dear Shankar
Thank you for your clarification.
But I would like to bring to your knowledge that there is no pension fund gap generated as on date. Only when the PF optees contribute after the date of the present settlement the fund will be generated,
That is the reason why I wrote the way I have written on 28.01.10.
I would again request the enlightened blog members to comment on what I have stated on 28.01.10.
In case pension option is given from 1.04.2008 one more benefit will be that the next birth day factor also will be more and this will result in more commutation amount.
Ref.Mr.Pradeep,
There is no logic or legal background to recover any amount from existing employees or retired towards so called Pension Fund Gap.Creation of pension fund and building up of the same has to be managed by contributions collected.However IBA/UFBU agreed to share the gap at 70:30,arbitrarly.Existing retirees those who are drawing pension has not made any such amount.Unfortunately union leaders have mixed up pension issue with wage revision and made all unwanted confusions to lose the battle .The result is, neither a reasonable wage hike nor a comparable pension .Fighting spirit have already gone and surrendering to IBA is found ideal ,for reasons best known to them. Concern for few individuals gain is the aim for them ,rather than lakhs of employees and retirees welfare. Still we hope leaders will listen and do possible things before final settlement!
I took VRS from Canara Bank after completing 25 years. Please inform me the basic Pension. My last basic pay was 22280/- and last working day was 25-5-08
Mr.Shanmuganathan.Basic pension is calculated based on your average monthly emoluments for the last ten months in service prior to your retirement.50% of average emoluments is reckonable for pension.In addition to basic pay other allowances which qualify for PF will also be added along with BP to arrive basic pension.
To Sri Pradeep-January 29, 2010
11:13 PM
Your query is answered by Sri PM-January 30, 2010 10:42 AM .
In fact there is no need for any staff to contribute anything for pension except his/her Management's contribution of PF available at the time of retirement. This is even for getting arrears from 1995.Pension is like marriage obligation of parents of their daughter which they should not absolve from their responsibility.Parents are morally bound to bear the expenses. They are required to beg borrow or steal and do their duty. Likewise pension is the moral responsibility of the Managements. But unfortunately our unions failed to give a strong message in this matter in time to IBA and IBA also tried its level best to decline this demand from day one. The best option available to UFBU is to accept what is offered now and pursue the matter further with IBA for corrections of errors committed if any.There is no point in dragging the matter for an unduly long time.
THIS COMMENT FROM ANOTHER WEBSITE
Pension to the retired
by sivaramakrishnan on 2010-01-30 00:29:46.552738+05:30
Pension to retired employees: what was the reference given to the agency entrusted with preperation of actuarial calculation? was it (1) date of retirement of each employee / officer, or (2) date of signing the settlement, or (3) wef 01-04-2008? option (2) is not possible because at the time of entrusting this exercise, no one knew what would be the date of signing of the agreement. option (3) is also not possible because 01-04-2008 does not have any relevance with regard to Banks pension regulations. option (1) alone is possible because that is the only relevant date with regard to pension regulations. Thus it could be easily understood that the input data that was given to the actuarial agency was THE DATE OF RETIREMENT OF THE EMPLOYEE and not any other date. Based on this calculation only the gap was found and it was agreed that 30% of the gap is to be bridged by the retired employee. Now if IBA says that they are not willing to pay pension from the date of retirement then it a gross violation of moral ethics and back stabing by the IBA. Moreover if IBA wants to pay pension only from the date of signing the settlement, then why should the retired employee contribute 30% of gap ? It is enough if IBA makes payment of only 70% of the pension everymonth and leave the gap to be met by the retired employee during each month. If such a thing happens it would be unique and could be found only in the banking sector. Let the world laugh. Pension to the retired
by sivaramakrishnan on 2010-01-30 00:29:46.552738+05:30
Pension to retired employees: what was the reference given to the agency entrusted with preperation of actuarial calculation? was it (1) date of retirement of each employee / officer, or (2) date of signing the settlement, or (3) wef 01-04-2008? option (2) is not possible because at the time of entrusting this exercise, no one knew what would be the date of signing of the agreement. option (3) is also not possible because 01-04-2008 does not have any relevance with regard to Banks pension regulations. option (1) alone is possible because that is the only relevant date with regard to pension regulations. Thus it could be easily understood that the input data that was given to the actuarial agency was THE DATE OF RETIREMENT OF THE EMPLOYEE and not any other date. Based on this calculation only the gap was found and it was agreed that 30% of the gap is to be bridged by the retired employee. Now if IBA says that they are not willing to pay pension from the date of retirement then it a gross violation of moral ethics and back stabing by the IBA. Moreover if IBA wants to pay pension only from the date of signing the settlement, then why should the retired employee contribute 30% of gap ? It is enough if IBA makes payment of only 70% of the pension everymonth and leave the gap to be met by the retired employee during each month. If such a thing happens it would be unique and could be found only in the banking sector. Let the world laugh.
Dear Shri. Balan, Shri, C N Venugopal and Mr. Chandan,
My topic is for helping the retired VRS employees of certain Banks (like VIJAYA BANK). The bank has not yet paid the increased pension or arrears to VRS employees for whom notional 5 years service has to be added and recalculation of pension to be made as per Apex courd order. Who can help our VRS retirees of such banks. There is delay of 4-5 months.
Ajit Naik
Ref: Ms.Gitanjali - On Mr.Sivramakrishnan`s comments:
01.It should be distinctly understood that Actuaries role were to provide cost of pension
Actuaries services were sought byIBA/UFBU to provide cost of 2nd option on pension to PF optees in banks service as well as retirees. Actuaries provided the figures based on figures as on 31.03.08.
02.As such the question of effective date of pension is not coming under purview of Actuaries.Where as the same comes under Pension Regulations.
03. Data pertaining to retirees numbering about 60,000. also arrived based on above date.Subsequent retirement of employees may also to be added based on current figures.
04.In the case of retirees only actual PF balance (bank portion with interest)outstanding against each individual as on date of their retirement has taken .Further all retirees since year 1995 till the date of signing final settlement also to be taken into account.
05.2% additional Provision has been made by actuaries towards incomplete/lost data.
06.Hence there is relevance for the demand of UFBU to make payment of pension w.e.f 1.4.08 as against IBAs stand to pay pension w.e.f date of settlement.. Since the reality is something different chance for pension payment from date of retirement is remote and other points remain as wishful thinking for time being..
refering pm dd 31-jan-2010.
the next point i wish to add is that actuaries do have to take in to consideration about the remaining life expectancy of the retirees as you may agree that per insurance actuarians medical health policy norms a person of 60 years of age is neither qualified for life or gen insurance policies. a young person shall continue to get salary plus medical benefit besides term insurance for doing the job but a retiree is not working so he is deprived of all these working benifit. where he should demand the social security ? after all these great institutions have the centurion history of growth behind them and every body either existing or retired have contributed for nation building,i do not understand why politicians are getting pension ? can any body on the blog can make me understand ?
regards
You may be aware,in the last Core Committee Meetings of UFBU / IBA , UFBU has rightly demanded IBA to take 31.03.2008 as the cut-off date for payment of pension to Fresh Optees as that is the base date taken for calculation of additional cost of Pension by the Common Panel of Actuaries appointed by IBA . It may kindly be followed up in the next Small Committee Meetings vigorously as it is reported that IBA is particular to pay pension to retirees only from the date of full settlement / Joint note.
It will definitely provide the much needed relief to the retirees at this juncture as they are already subject to the following disadvantages :-
1. Second option demand is kept pending by IBA for long there by denying the benefit to the retirees for the last several years.
2.Past retirees would now get less amount of Commutation as it depends on the present age of the employee.
3.The employee share towards 30 % of the pension fund gap is to be met by them for joining the Pension Group which comparatively comes to sizeable amount.
I would request UFBU to take keen interest in the matter and impress upon IBA to concede the demand much to the delight of thousands of retirees in securing the arrears of pension due to them ,at least, from 01.04.2008 to give financial relief , to some extent , for meeting part of the employee share of 30% of the Pension Fund Gap."
If ,for any reason, IBA is not inclined to pay arrears of Pension , UFBU should, at least , ensure that the employees retired from 31.03.2008 till the date of Full settlement / Joint Note be considered under the category of “Existing Employees” to facilitate them to repay only the relative 30% employee share towards Pension Fund Gap identified for them by the Actuaries which is very much justified and legitimately applicable to them as they too constitute the data base as on 31.03.2008.
mr pradeep
can any body enlighten about the pesion fund gap and responsibilities of pesion fund manager?.it appears that duty of the pension fund manager is to keep mum for all the time to not to tell about the anomalies being created in the fund due to the factors beyond control and demand gap funding from the retirees. i do not understand how they will manage it in future ?
regards
Everyone is eagar to know the outcome of the ensuing talks to be held on 08.02.2010 and 09.02.2010Some say eveything is finalised except factors like outsourcing.Some had already started sending distress signals.Going by the facts and figures one could easily come to the conclusion that bargaining with IBA is not an easy job.Initially many retired PF optees wanted pension option to be given again. Once it became a reality they want it from date of retirement.I wish to recall what had happened during 2002 settlement.IBA tasted success in denying ,to a small number of pensoners, commutation or pension arrears on account of salary revision for A PERIOD OF 30 months that is from 01.11.2002 to 30.04.2005.This is not a fiction but fact that affected pensioners to a very great extent.The then UFBU leaders had no option expect to accept it IN THE NAME OF CURTAILMENT OF EXPENDITURE, to get the settlement signed at that time, that is during 2005.Perhaps at that time UFBU leaders might not have anticipated the current situation.Now it may be very difficult for one make IBA to accept payment of pension,that too to retiree PF optees numbering 66000 as on 31.03.2008(current figure may be 1,00,000) from date of retirement.The UFBU leaders themselves had now scaled down their demand from date of retirement to 01.04.2008 for payment of pension.In all probability,IBA may succeed in its stand of paying pension from date of sigining MOU that is November 2009 or at a later date when the settlement is to be signed.Since the UFBU leaders are concentrating more on components affecting pension that is Basic DA,PQA and FPA they may achieve a mariginal increase in IBA offer of starting basic pay of 14000.However the possibility of geting 16000 as demanded by them may prove to be difficult.Naturally the increse in HRA,CCA,Medical Aid and other fringe benefits may not be to the level as demanded by UFBU.The unilateral action of IBA earmarking 200 crores for State Bank employees pension increase out of total cost factor is opposed by many members of UFBU.Further the possibility of AIBOC seeking pension option for resigned employees, though a welcome step, may add new dimension to the already complicated situation.R.JAYARAM
From the views expressed in this blog by members it appears that few members have some confusion about the role of Actuaries. They are independent statutory auditors appointed by the competent authority for a specific purpose. No body can dictate terms or influence or pressurize them or guide them as they are competent to prepare their report independently as per guidelines applicable to Actuarial valuation for pension scheme.(In our case for second pension option to bank employees-anybody can refer guidelines presented to the Institute of Actuaries Students' Society on 19th March 1985.).While preparing their report they go strictly as per data. While arriving at the cost factor for payment of pension all the relevant information are bound to be provided to them.Here neither IBA nor UFBU has any role to play except that they decided to have common actuaries.After submitting their report actuaries are not bothered as to whether their report is utilized or not. Their report is supported by complete documentary data as to how they arrived at the cost required.
Ref:Mr.Jayaram. January 31, 2010 9:48 PM
It is stated that :‘Going by the facts and figures one could easily come to the conclusion that bargaining with IBA is not an easy job.’
Who is bargaining here?
UFBU!
What are the facts and figures found beneficial to bankmen.?
-It is proved beyond doubt that UFBU is going in tune with IBA.
“Initially many retired PF optees wanted pension option to be given again. Once it became a reality they want it from date of retirement’
.
These statements are not made in right spirit.
We need not elaborate on the past history here.Same leaders have created the situation for 2nd option of pension.
Pension is not a gift by management it is statutory right of an employee.Where it is mentioned Pension payment should have cut off date!.
Pension should be paid from the date of retirement.IBA pays it or not is a different question.
It is fact that Pension was denied by the management for about 3.32 lakhs employees working and retired for about fourteen years.It is not magnanimity shown by the management.
When there is pension,retirees will ask for updation of pension and 100% neutralisation. These are genuine demands.Can any body stop it?
TO SRI PM
February 1, 2010 7:35 PM
Your remarks for Jayaram's-views-Ref:Mr.Jayaram. January 31, 2010 9:48 PM
needs more elaboration.
01.
When the restrictive clause was removed(No pension for participating in strikes)UFBU should have given an indefinite strike call for getting one more option for everybody.They did not do it and took up the matter in a most casual manner.
02.
IBA said it is a closed chapter because the amount required was Rs 28,000 crores for extending one more option. Well.UFBU should have questioned IBA that if all the PF optees opted pension even when there was a restrictive clause what IBA would have done.
UFBU never questioned.
03.
Ultimately both agreed that the amount required was Rs 6000 crores and not 28000 crores. UFBU should have questioned IBA about this but they did not.
04.
When press persons questioned IBA as to how they said earlier that the amount required was Rs 28000 crores, a gentleman from IBA said that it was if all the bank employees retired on a single day!
05.
This gentleman from IBA does not know that if all the employees retired in a single day,the economy will collapse and the Government of India can not survive even for one hour and all the 544 MPs would loose their job.UFBU did not inform this also to IBA
06.
When ultimately MOU was signed on 27.11.2009 all these points were left untouched.
07.
If second pension option was extended immediately after removal of restrictive clause, everybody would have got pension with effect from 1995 and there was no need for any staff to pay anything from their pocket.
08.
But what members can do if the bargaining leaders and IBA negotiating members are not leaving their respective ivory towers? Can you do anything?
Thanks Mr.Shanker for your elaboration. It is true that members cant't do anything for the moment.
for mr. shankar
the question of actuarial calculation
was simply a pointer to the fact that how management have come to know the nos of surviving retired pf optees as on date who retired way back 1995.is threr any mechanism with the actuarians to ascertain ? in absence of such vital information whole exercise is a blunder and becomes simple arithmatics of return on investments.
regards
I have a question. Is it that tough for a union like UFBU to acheive their demands from IBA if they are really concerned about their members. When State Govt, Central Govt employees, teachers all are getting their demands completed even without struggling much like us. Why can't we get our demands complete
Referring harikrishna February 2, 2010 7:35 AM:
UBFU is not at all sincere in these matters and Unions in Bank are fast losing their hard earned credibility and reliability among members due their insincerity in Ninth BPS.
Referring harikrishna February 2, 2010 7:35 AM:
UBFU is not at all sincere in these matters and Unions in Bank are fast losing their hard earned credibility and reliability among members due their insincerity in Ninth BPS.
(Earlier post, removed due to a typological error)
Referring mml gupta-February 1, 2010 11:03 PM
I had the opportunity long back to provide records to actuaries for arriving at the amount of premium payable to LIC (At that time) for gratuity purpose in our bank. Their calculations are systematic and authentic. For pension, IBA is bound to provide them all the relevant records along with audited balance sheets of all the banks from 1995 till the relevant date with details of Establishment expenses and staff position every year. Other periodical returns submitted to various statutory authorities such as State government, Central government, Labour commissioner, employment exchange, RBI etc in respect of appointment, resignation, termination, dismissal etc are also to be submitted to them. . Every bank is bound to maintain records of each employee from date of joining to date of relieving from the service and thereafter invariably.
Actuaries are not submitting their report on assumptions. Hence there is no point in doubting the authenticity of actuarial calculations. For this reason submission of reports by actuaries takes unduly long period extending beyond 3 to 4 years some times, depending on the volume of work in spite of the urgency of the matter.
Mr.Harikrishna
Sir,You are 100% right.
Shankar Sir,Chandanji,Harikrishnaji
Thats point is for my engryness against UFBU leaders.Less or More getting is other thing but How and in How many time We will acheive is main point.We all know Dog is also living and We also living.We also drink water and Dog also drink water.But its different in both living and drinking style and place.
I believe that UFBU leaders thought like Political leaders,Memories of people are short,and Now days critical banking time no one Employee will take risk without Unions.
But they don't know if one time members will be fearless then their possition will be critical.
I agreed all sectors has different type of conditions but I think style of getting our right are always same.But this time I never seen from UFBU.Every time IBA riding on UFBU.
Whats our future???????????
Ahhh.......Ahhhhhhh.....GOD!!!!!
Please care eachother our staff fellow.Don't trust on Union leaders and leave hopes from them and help eachothers.
As per cir No.4 dt 30th Jan’10, UFNBO’ will be meeting in Mumbai on 6th February 2010.
‘As you are aware, on 10th August 2009 four apex level organizations viz. AINBOF, AIBOA, INBOC and NOBO together representing almost 100% officers working in Nationalized Banks came together cutting across rank and affiliation and formed the United Forum of Nationalized Bank Officers’ Associations.’
*** ***
‘The objective of the new organization is to obtain parity in Service Conditions with that in SBI and other issues concerning officers in Nationalized Banks.’
*** ***
‘The meeting decided to demand defined working hours and insurance to cover lending risks. It was also decided to pursue vigorously the primary demand of parity in salary, allowances, loans for purchase of housing accommodation, conveyance etc. with SBI.”
refering mr shankar
yes mr shankar that exactly was the point i wanted to focus that before handing over the details of retired employees to the acturians the management should have asked for this information from the retirees which would have the acturian exercise meaningful and realistic.the whole mess created for the sake of payment from back date pension would not have been made complicated to such an alarming chaos that it threatens to delay the settlement. mr shankar every body in our industry knows the poor living age of bank employees and their chances of longevity post retirement because of unhygenic working condtions in semi urban and rural areas and chest deseases caused due to cash and ledger books handling.you may appreciate that 10 years ago there were neither computers nor note counting machines.these are the factors which affect human life and should brought in to the knowledge of acturians working on social security issue forthe people who have worked for nation bulding building project and not MNC culture banking.
with best regards
mml gupta-February 3, 2010 8:26 PM
True what you are telling.But Actuaries are professionals and they are doing their work strictly as they are required to do and collect their professional fees and leave everything to the appointing authority to do whatever they want.As long as IBA admits that pension is a social security measure,this will continue. Now both the side doors of UFBU and IBA are closed.Affected members may have to knock the upper main doors through legal process depending on the outcome of the negotiations going on now.Till such time we shall wait.Actuaries have clearly informed the fund requirement as on 31.03.2008 for payment of pension from future dates as sought from them.
please clarify
is it with the bank pensioners only where there is no pension updation
THE HONOURABLE SUPREME COURT OF INDIA IS REPORTED TO HAVE OBSERVED IN A PARTICULAR CASE THAT UNDER ONE PENSION REGULATION THERE CANNOT BE TWO OR MORE CATEGORIES OF PENSIONERS.UNDER PENSION REGULATIONS 1995 IMPLEMENTED BY BANKS AS OF NOW THERE ARE TWO CATEGORIES OF PENSIONERS.UNDER CATEGORY ONE FOR THOSE WHO RETIRED UPTO 31.10.2002 THE BENEFIT OF 100 PERCENT DA NEUTRALISATION IS DENIED.UNDER CATEGORY TWO FOR THOSE WHO RETIRED ON OR AFTER 01.11.2002 CENT PERCENT DA NEUTRLISATION IS ALLOWED.THE FOLLOWING EXAMPLE ILLUSTRATES HOW RETIREES UNDER CATEGORY ONE ARE AFFECTED.THE CURRENT DA INCREASE FOR PENSIONERS FROM FEBURARY 2010 ONWARDS IS 91 SLABS.THE DA INCREASE WILL BE EFFECTIVE UPTO JULY 2010.FOR THE BASIC PENSION OF 11930 A RETIREE UNDER CATEGORY ONE WILL GET AN INCREASE OF RUPEES 1524 PER MONTH.FOR THE SAME BASIC PAY OF 11930 A RETIREE UNDER CATEGORY TWO WILL GET AN INCREASE OF RUPEES 1954IN OTHER WORDS THE RETIREE UNDER CATEGORY ONE GETS LESS INCREASE IN DA THAT IS 1954-1520=434 PER MONTH.FOR COMING SIX MONTHS THE TOTAL SHORTFALL WORKS OUT TO BE RUPEES 2604 FOR CATEGORY ONE RETIREE.THE ANOMOLY HAD CREPT IN DURING THE 2002 BIPARTITE SETTELEMT SIGNED IN THE YEAR 2005 BY UFBU. OFCOURSE THE BENEFIT OF 100 PERCENT DA NEUTRALISATION WAS GIVEN EFFECT FROM 01.5.2005 AND NOT FR0M 1.11.2002.IN OTHERWORDS THE PENSIONERS UNDER CATEGORY TWO WERE DENIED THE BENEFIT FOR 30 M0NTHS FROM 01.11.2002.THANKS TO IBA AND UFBU.THERE IS NO NEWS ABOUT WHETHER THE ANOMOLY IS TAKEN TO THE COURT OF LAW FOR RECTIFICATION.
AS OF NOW THERE IS NO PENSION UPDATION IN BANKS FOR RETIREES UNDER PENSION REGULATIONS 1995.THE AVERAGE OF TEN MONTH PAY PRIOR TO DATE OF RETIREMENT DIVIDED BY TWO CONSTITUTE BASIC PENSION.PAY MEANS BASIC,DA,PQA,FPA AND ANY OTHER ALLOWANCE THAT CARRIES THE BENEFIT OF DA. R JAYARAM
mrshankar dd 3-2-2010
since i have also been associated with the insurance i know a bit about this which i share with you that
1 actuarians decide the premium for risk assured to underwrite the risk.
2fund manager exercises his expertise to generate income to pay the premium amt on the assurance underwritten to the insurer of the risk.
so now if iba says that matter referred to for actuarial calculation is the half truth,why the other part of fund management is not simultaneously taken up?.
i think that the people on the helm of the affairs on this sensitive issue are not competent to sort out but are simply searching alibis to distract every body including govt.
regards
Ref: Mr.mmlgupta February 7, 2010 11:30 AM
1.It seems that your comments mainly focus on role of actuaries related to insurance and linking their services to management of pension fund.It is a fact that the majority of actuaries work in careers that are associated with the insurance industry. In general they are more represented in the financial services sector, including insurance companies , commercial /investment banks, and retirement funds.
2.Here you have to look into the background under which actuaries services were sought by IBA and UFBU. There were wide variations in cost estimates of the IBA and that of the bank unions. While IBA’s contention was that 2nd option on pension would imply an additional cost of Rs 26,000 crore, the bank unions pegged it about to Rs 4,700 crore.
3. Accordingly,UFBU and IBA agreed on a common panel of actuaries to compute the additional cost involved in providing 2nd option for bank employees to join the pension scheme. The services of two actuaries were sought to work together to determine the cost of pension. It is not referred only by IBA as you have stated.Both UFBU and IBA have agreed on the names of actuates on 18th March 2008 to continue further discussion on common parameters under which they would function.
4.We have to understand from the data furnished in MOU,that actuaries have finished their assigned job by arriving on cost of pension and the gap in fund as on 31.3.08.The above assignment is for a specific purpose and not an ongoing process.The management of pension fund is a continuous process where no reference is found made.
Ref: Mr.mmlgupta February 7, 2010 11:30 AM-
Please refer Sri PM February 7,
2010 2:23 clarifications. Here the following questions are relevant:- 01.Whether IBA really wanted to extend another option for pension to bank employees?-
Definitely No
02.Whether bank employees were required to share the burden of Rs 6000 crores?
Definitely No
03.Whether Bank employees can be deprived of arrears of pension from the date of retirement?
Definitely No
But then why all these are happening? It is because of indifferent arrogant attitude of few officials at IBA/Government level,who were against extending another option for pension to bank employees for the reasons best known to them.Unions also equally responsible for not taking up the matter with IBA/Government in the manner in which it should have been taken up.Load factor is just an excuse since more than
Rs 1,50,000.00 crores have been written off in the banking industry against bad loans. Ultimately the present MOU is signed reluctanctly.
Result? Deprival of their legitimate right to bank employees/retirees etc.So your last para is 100 % true.Best option now available is to accept what is offerred now and continue fighting for improvement in the days to come.Because even Retired government employees are also unhappy since"One rank-One pension" is still not implemented to them.
referring pm and shankar
it is percieved and understood that pension is the biggest headache for iba as they had been either marginalising or diluting the issue on one pretext or the other.this time acturians.because how politicians are getting pension? is india an enterprise? 1st pension offer was tailor made for few ones who knew that penal clause shall be deleted and other optees were the determined comerades to not to participate in any strike call given by the leaders and thus they will be socially secured in future. now the people who were true soldiers of trade union idealism are suffering due to high inflation and low rate of interest.therefore pension is
the sensitive issue for these people and to be revisited under the whole new economic set up taking shape now.
regards
NEWS ARE COMING FROM UNION SOURCE, THAT IBA IS INSISTING FOR A "THREE YEARS LOCKING PERIOD ON VRS" FOR EXISTING PF OPTEES, WHO WILL OPT FOR PENSION. CLARIFICATION ON THE FACT OF THE NEWS IS SOUGHT FROM BLOG MEMBERS, WHO ARE IN TOUCH OF ALL INDIA LEADERS OF UNIONS.
As for the available information, proposed meeting of Officers' Organisations with the IBA on 8th & 9th February, 2010 is postponed. Next date of meeting is yet to be decided.
Anyone has any news that why the Officer's meeting has been postponed??please give the detail for Workmen meeting on 9th feb also
Ref:Mr.Karan,What to say further !“Obstacles and impediments were coming from within and sectarian interest of some of the leaders were taking precedent over collective interest”.If organization succeeds in not allowing dilatory tactics from any quarters MOU may become a reality within the time frame.Or else?
As per AIBOA:
WAGE REVISION - LATEST DEVELOPMENTS
As scheduled meeting of United Forum of Nationalized Bank Officers Association took place yesterday ie; 08.02.2010 to discuss crucial issues of Pension costing method, SBI pension cost and date of effect of payment etc. The meeting while reiterating earlier decision resolved to wait for the outcome of the UFBU meeting in the evening.
At the UFBU meeting we again pointed out the basic points involved in the sudden proposal of IBA to earmark SBI pension cost which was not visualized at the time of MOU and called upon UFBU to ensure the quantum as agreed in the MOU is available to Bank officers.
After deliberations the UFBU Convenor proposed that the issue should be properly addressed by a fair and equitable treatment of pension and PF cost. The meeting endorsed his proposal and authorized the Convenor to place the matter with IBA in the meeting of 9th February 2010 Bipartite and finalize the same through the meeting of the UFBU representatives.
On existing pay for pension costing it is decided to ask for the same percentage as shown for revised basic pay. It is also decided to ask for date of effect for pension to be from 01.04.2008.
Other developments will be informed in due course.
What's the outcome of today's Workmen meeting?Give details
THE FOLLOWING IS THE VERSION OF AIBEA AS APPEARING IN THEIR WEBSITE. THEY HAVE NOT TOUCHED UPON ANYTHING RELATING TO OFFICERS ISSUE AS STATED BY AIBOA.
As scheduled, another round of Bipartite talks were held today (09.02.10) in Mumbai between IBA and 5 workmen Unions. IBA team was led by Mr. Jagdish Pai, (ED, Canara Bank), Chairman of the Core group of the Negotiating Committee and from the unions, all the five workmen unions viz., AIBEA, NCBE, BEFI, INBEF and NOBW were represented.
Continuing the discussions of the last round of meeting, today we took up for discussion the cost of rationalisation of special pay, method of calculating the existing cost of pension, accounting the cost of retirement benefits of PF / Pension Optees on account of proposed wage revision, date of effect of pension option settlement, etc. The IBA, after listening to our arguments and viewpoints, informed that these important issues are needed to be discussed in their full Negotiating Committee before reacting to us.
In today’s meeting, we further took up various other issues and service conditions like improvement in LFC, Special Area Allowance, making part time employees on lumpsum wages to 1/3 wages, commencement of LFC from mainland for employees working in Northeast, Andaman / Nicobar, Lakshwadeep etc, improvement in hospitalization scheme, domiciliary treatment of few more ailments, allowing LFC within entitlement while travel abroad, improvement in class of travel for LFC, one more option to change LFC block, improvement in reimbursement of package charges for certain major operations, removal of few anomalies in certain existing provisions etc. IBA was very positive on all these issues.
However, important issues like pension cost, special pay etc are yet to be finalised as mentioned above and hence these matters need further discussions.
Further discussions will continue in the next round of meeting and efforts are on to expedite the settlement.
In the meantime, the exercise of drafting the settlement is also underway.
IT IS AMAZING TO OBSERVE THAT FOR ALL THESE TWO YEARS LEADERS AND IBA HAVE BEEN DOING PICNICS IN THE NAMES OF MEETINGS, FOR, ONLY NOW IT TRANSPIRES THEM THAT THERE ARE THESE MANY ISSUES FOR DISCUSSIONS! OH GOD.... PLEASE DO SOMETHING... PLEASE
IT WOULD BE BETTER IF THEY GET ALL THE BANKMEN A COUPLE OF FLOWERS TO KEEP ON OUR EARS AND A BIG TILAK ON OUR FOREHEAD (NAMAM)!
SHAME SHAME UFBU LEADERS
FOR THE LAST TWO MONTHS OUR SO CALLED CORRUPT LEADERS ARE TELLING AFTER EVERY ROUND THE STEREO TYPE MESSAGES THAT SOME PROGRESS HAS BEEN MADE BUT DETAILED DISCUSSIONS ARE NEEDED ON CERTAIN MAJOR ISSUES.THEY ARE INTERESTED ONLY DISCUSSING THE MINOR ISSUES LIKE LFC,MEDICAL CCA ETC AND BYPASSING THE MAJOR ISSUES.WHAT THEY WERE DOING FOR THE LAST 2 MONTHS ? ENJOING BRIBE MONEY ?THEY HAVE LOST FAITH OF UNION MEMBERS.NOW THE TIME HAS COME TO KICK THEM OUT.BY THIS PACE OF TALKS IT WILL TAKE ANOTHER 10 YEARS TO SIGN THE 9TH BP SETTLEMENT .NOW BE PREPARED FOR MASS RESIGNATIONSOF THE SOCALLED RECOGNISED UNIONS.(RECOGNISED FOR BRIBERY/IEFFICIENCY}SEND GARLANDS OF SHOES TO OUR SO CALLED ABLE/BRAVE/OVERCONFIDENT UFBU LEADERS.NOW ONWARDS DONOT RESPOND TO ANY STRIKE CALL FOR PALTRY 1 OR 2 DAYS STRIKE CALL.RESPOND ONLY IF INDEFINITE STRIKE CALL IS GIVEN IN THE 3RD WEEK OF MARCH 2010.TIME HAS COME TO THINK AND ACT BOLDLY.
Dear Solmar,
Atleast I am agreed with you,And ready to follow all things mentioned in your comment.
For remember of blogers that I have been written in my past comments.
UFBU leaders this time trying themselves to prove useless and meaningless.
For UFBU through this blog:
Dear Respected Brothers,
1) You should have knowledge about there are named "EXCEL" program is in any computor for speedy calculations.
2) You may continue game of meettings upto indefinite with IBA as you like.
3) You should have knowledge of "90 days" time meanings.
4) Where is parity and transparency you should be think.
5) If in every meeting some discussion held and need more discussion,What is meaning of this words?Either now you have no convince power or tricks or IBA has more clever officials for negotiation.What is true God knows.
6) Are you think We are foolish?
7) Why every time IBA hands are over to you?
8) If IBA can back from their agreed 17.5% to 13% Why not We called INDEFINITE STRIKE even after morethene 10 lacs of members.
9) Why not We start agitation against UFBU and MASS RESIGNATION programs?
10) Have an any answer for above 1 to 9 then answered me.Otherwise forgot for levy and subscription fee.
YOU MAY TAKE YOUR TIME FOR SIGNING 9th SETTLEMENT.
For UFBU through this blog:
"However, important issues like pension cost, special pay etc are yet to be finalised as mentioned above and hence these matters need further discussions."
What is the meaning of this above mentioned peragraph every time?
Please Explaine the same.
UFBU leaders = Pied Piper of Hamelin
and We = like those rats who follow them lured by their tunes
and every body know about the storey i hope
refering sanjay bhatt
Sir do you really think that membership subscription and levy are the edifices over which trade union gain strentgh and are meant to survive?it is immature to say yes.why dont you come accross the negotiating table.it requires guts to represent.our leaders bargaining power shall be in proportion to our level of solidarity with them .there was a case 30 years ago when entire banking industry was on strike for 3 months to protest against a single transfer case of an officer named mr sehgal.your comments are harming every body at this juncture and spoiling the entire past struggle carried for the last 50 years.what you are uttering is a gift from these people .let these leaders do their job.you can form n no of unions at an appropriate time. please don't demoralize the comrades .
refering to sollomaar
sir my comments to shree bhatt sahibji are also extend able to you.
Dear MML Gupta ji
What is being stated here by most of the members cannot be more demoralizing than the Wage negotiation process.Surely, there were leaders who cared for members and devoted their life time to the cause of the ordinary members and they deserve respect from us, but present cheater group of leaders, who after teaming with IBA for free lunch/breakfast party are detrimental to the interest of the ordinary members and needs to be thrown out.
What do you mean by showing solidarity to these so called leaders, IBA backed from their offer of 17% to 13% at one time, Can these leaders back from MOU and demand higher wage rise or call indifinete strike ? Seek an opinion from all bankers in the country, irrespective of cadre, and you will find most of them ready to go this way. Let these leaders decide what they think of majority opinion.
Gupta ji, they will be against it. They will call strike only for outsourcing, Merger ( Which will be a footnote in final agreement- that this, this , can be outsourced along with Wage revision) and not for Wage revision.
See thier reports of recent meeting, only minor things like LFC etc are being discussed till now, and no uniformity reached on major items.
Hence the frustation and desperation amongst the members is very likely and justified.
The role of Bank officers Union in 9th Bipartite talks becomes exposed and any layman can understand the dirty game going on under the guise of “discussions” to finalise agreed issues.As per available information no meaningful and purposeful discussions on basic issues have taken place so far.And now Union has also failed to hold scheduled meeting with IBA as it happened on 8th Feb.Even for fixing of further date of so called ‘discussion’seems to be a big task for them which takes a gap of two weeks. Since there is no transparency in their actions,no information is passed on to members on what is happening.
Every body know that:
01.Only two major things are to be finalized as per MOU dt.27.11.09.
-Wage increase at 17.5% w.e.f 1.11.2007.
-pension option to 3.32 lakhs workmen/retired.
02.Yet,it is a surprice to see that even after lapse of two months leaders could not finalise the basic pay of officers, forget about other issues.
03. Talking again an again on load factor and incremental cost of pension etc have no basis and meaning at all,except creating confusion and frustration among members.
During the last five years, banks have written-off loans –farm, retail and corporate -- amounting to over Rs 60,000 crore to clean up their balance sheet.
04.Pertinent question before bankmen is- Are the leaders trying to fool the the enlightened employees and retirees in the name of bipartite talks?What is their hidden agenda?Why they are afraid to share latest information with own members?.
05.Will a final agreement be arrived in near future? Let us wait and see.
The so called dirty leaders are exposing their ugly faces themselves and even lay man can understand how dirty they are. They are unable to sit in the meetings already scheduled. No transparency in the (UFBU) leaders actions,and they do not inform members on what is happening.
The Main issues are:-
1-Wage increase at 17.5% w.e.f 1.11.2007.
2-pension option to 3.32 lakhs workmen/retirees.
It is a shame on them to see that even after lapse of two months these idiots could not finalise the basic pay of officers.
Load factor and incremental cost of pension etc have no basis, except creating confusion and frustration among members.
Rs 60,000 crores were written off to clean the bank's balance sheet.
Chairman of a bank openly claim provisioning for wage revision is the cause of lower profits and negative results, while most banks have no word about provisioning for wage revision and have showed good results including SBI. The officers of the bank are well aware that their bank is weakened by the acts of chairman who has decided to worsen the image of the great institution (bank)
Are the leaders trying to fool the employees and retirees in the name of bipartite talks?
Is their any hidden agenda? The informations they are providing about the developments prove their inefficiency and they are wasting time and members money in picnics and not meetings.
There is no indication about any settlement in the near future. Bull shit.
Members, let us chase these idiotic leaders with the help of street dogs first.
A laptop and little knowledge of Excel will work out everything across the table in a single day in few hours. First let these fools understand this then act sensibly.
Dear Friends
We all are unhappy frustrated and impatient. How ever please do not rock the boat at this stage.There are plenty of chances after the settlement is over.After all how many of us participate in union activities regularly?Most of us are arm chair dissidents.IBA is having a jolly good time playing the proverbial monkey dividing the cake between the cats ie SBI vs rest of UFBU
REVI UNNI
Referring to Sri mmlguptha-February 9, 2010 11:31 PM.
All your points are agreeable except one.That there was strike for 3 months opposing transfer of Sri Seghal.Majority of staff will not agree for this type of strike calls.Why 3 months strike for the sake of one particular officer?Why can't it be for the sake of every officer transferred? Will unions take care of every officer at par with Sri Seghal? If the answers are yes then success will be 100 %.
Calling for strike on flimsy grounds such as "Economic policies of Central Government", "Opposing nuclear disarmament"," Opposing full computerization in banking industry","Opposing mergers and acquisition" etc are some examples.For any proposal of the managements unions should bargain for more financial benefits to employees or compensation so that every individual staff gets monitory benefit.Instead of that calling for strike for the sake of a particular section of staff will result in failure, in my opinion.It does not mean that we should neglect leaders who are fighting for the cause of members.But leaders should first take members into confidence before proceeding further.This is lagging now.
Find herewith the reproduction of the circular about the latest talks with IBA from BEFI website
Another round of talks between 5 workmen Unions and IBA was held today as per schedule. This was
preceded by a meeting of UFBU yesterday. UFBU also decided to strongly pursue the demand for payment of pension to retiree new optees w.e.f from 01.04.2008 etc.
In today’s talks with IBA, some issues like matters related to LFC as regards kilometer distance, income
criterion of dependant parents, inclusion of physically challenged dependent brothers and sisters in family definition, separate independent entitlement of husband and wife working in the same bank, special provision for employees in island areas and remote places from mainland like some parts of North Eastern Region and other States, revision of Special Area allowance; minimum 1/3 scale wage for all employees under onsolidated pay, reorganising HRA centres, etc. could be sorted out.
Our demand for improvement of Hospitalisation scheme, inclusion of more ailments under domiciliary
treatment, improvement of package treatment for major surgeries, foreign travel within entitlement under LFC, improvement on entitlement of class of travel, removal of some existing anomalies etc. were also discussed.
Hurdles are still there on major items such as construction of pay scale, revision of special pay,
determining incremental cost of pension, cut off date for payment of pension to new optee retirees etc.
The negotiating team of IBA expressed that they require discussion in their higher committee to take final
decision on the major issues.
SOURCE;befi website
Respected Mr.mml gupta saheb
please read under mentioned comments as like from me also.
Kumar February 9, 2010 10:37 PM
RajeshKumar February10,2010 12:28AM
PM February 10, 2010 6:12 AM
workplace bullying February 10, 2010 8:11 AM
Ravi Unni February 10, 2010 8:12 AM
Shankar February 10, 2010 11:20 AM
Maharam February 10, 2010 5:44 PM
And up comming..
For UFBU :
AIBEA VERSION “However, important issues like pension cost, special pay etc are yet to be finalised as mentioned above and hence these matters need further discussions.
Further discussions will continue in the next round of meeting and efforts are on to expedite the settlement.
In the meantime, the exercise of drafting the settlement is also underway.”
There 74 days
and 6 meetings allready passed.
Nothing finalised,What were you done in 74days and 6 meetings?
Now 15 days left as per MOU signed dated 27/11/2009.is it possible,nothing solved in 74days and it will be solved in 15days?
We all hree are understands position of leaders but Now its Enough.
You may continue to discuss misc topics and wage and pension points disscuss later When you feal to do this.
Please keep in your mind that We are asking for our rights not for donetion to IBA.
You all leaders are more experienced then us for negotiation matters,Then also Why All time IBA defeat to you at every point in every meeting?
I can't understand your style of negotiation and behaviour.
GOD MAY GIVE YOU Sagaciousness AND SAVE US.
Dear Mr gupta
It is agreed that there was a generation of dedicated leaders who fought for common members and worked with transperency.This leadership is nomore existing.All the present leaders are running theunions as commercial shop selling services,and are sitting on huge funds accumulated through union activities.Please declare the surplus fund positions of all the ufbu partners.The figures will be astonishing and will run in lacs and crores of rupees.How they are going to use this money for welfare of members ?They are robbing the members byway of exhorbitant fees,donations for transfers and levies grabbed from settlement arrears.To collect the sizabale levy the settlement is purposely delayed.Are the leaders are thinking of siphoning the huge funds alonwith thier exit from thisworld what is their planning for utilisation of funds,arethey going to utilise the huge funds for their self welfare as the bribes received fromIBA and Govt are not sufficient for them.I sincerely request you to examine the behaviour of these new generation leaders and post your comments on captioned views and enlighten the common members.
"It will take three months for us to finalize the settlement and implement it. The arrears for two years and three months (since November 2007) are likely to be disbursed in cash at one go," C.H.Venkatachalam, Convenor, United Forum of Bank Unions (UFBU), told. He also said that the annual average per capita increase for public sector bank officers would be Rs. 91,800 and in the case of workmen employees it would be Rs. 56,200."
Dear Friends, the above statement is not my imagination or guess, but the statement by the Leader of UFBU C H Venkatachalam on 30.11.2009. He promised that arrears will be paid in one go during the month of February.
Friends Which year February, let Mr.Venkatachalam and Mr.GD Nadaff Answer. Let us demand Mr.C.H.Venkatachala/Mr.Nadaff to prove what is said or step down immediately.
Referring mml gupta 9, 2010 11:31 PM:
Dear Sir,
I want to draw your kind attention on the following point.
1) I have been recruited through BSRB and deserve this bank job by dint of my merit, not in sympathy of any management or union.
2) If this job had not been improved and found to be continued in its Sixties condition, certainly a candidate like me would have not joined in this bank job , resigning from a five days week GOI job.
3) My article "Roll of AIBEA in middle class employee's movement" bagged state award on the eve of Golden Jubilee of AIBEA in 1996, which covers union's movement with a detail study from late Forties to Mid Nineties.
4) I was much active in union activities once upon a time and was a state level Joint-Secretary of our bank's majority union AIBEA and closely watched many all india union leaders of different unions of different banks, both in workmen and officers.
With all these experience today I believe on the following text:
"All these leaders are in a club in spite of different affiliation to AIBEA, AIBOC, AISBOF, NCBE,AISBISF etc. And more the delay in wage revision, more the amount of arrears and so bigger the amount of LEVIES. Nothing else."
Your advice also motivates me on thinking like this.
YOUR ADVICE:
'simple and sensitive people like you made them great leaders.'
m m l gupta
January 6, 2010 1:15 PM
Thanks.
Resp.Gupta saheb,and All friends
If on or before 24/02/2010 UFBU may be signed one more MOU for extend 90days limit of 27/11/2009 for further 90days,Then don't feal wonder.
Keep in mind that some points like pension,wage,allownces,HRA,LFC etc...etc.... need more discussion.
Got the point?
dear chandan and soloman
the idea of writing was exactly as i thought would come out i know the wounds and sufferings but who and how to replace the leadership is an issue to ponder with utmost sincerety and devotion. you should think how to break the ice and not the table. because we oldees know the sacrifices made for the table.i will just suggest you to keep this fire enlightened and explode it at the right place right time and right forum.this blog at this point of time is more read by iba,govt rather than common bankers.i hope you are getting my clues.
regards and best wishes
UFBU LEADERS ARE YOU LISTENING ?
PLEASE NOTE NO EXTENSION WILL BE GRANTED FOR MOU SIGNED ON 27-11-09
SEE THAT THE SETTLEMENT IS SIGNED
REPEAT SIGNED ON OR BEFORE 24-02-10
ELSE STEP DOWN.TOO MUCH TIME HAS BEEN CONSUMED FOR THIS SETTLEMENT.
HENCEFORTH NO MORE EXTENSION IS
TOLERABLE.DONOT TEST THE TOLERENCE
LIMIT OF COMMON MEMBERS.ONLY 13 DAYS ARE LEFT WITH YOU.THE COUNT DOWN HAS BEGUN.NOW IT IS UPTO YOU TO RISE TO THE OCCASSION AND ACT
WISELY REPEAT WISELY.
Resp.mml gupta Saheb,
Don't worry.
Its good for us,IBA and GOI are reading this blog.
THIS IS ONLY START UP.
This blog is right palce and this time is right time and
UFBU Leaders/IBA/GOI read this blog is a right forum.
Always fire starts from bottom to up.Only need of a Wind wave.
Keep in mind:
We can change UFBU leadership and
Government through Election with using our voting right.
IBA/GOI please don't be more hard
then all will break and no hope to joint agin it.
"If We are not a part of compromise,then We are the problem."
Today I got some news from nearby association friend like
Award staff settlement is ready but unions waiting from officers associations.this time they not want to signed before officer settlement,same time or after.
Officer associations are not ready to share 132crores for sbi pension.
Is it right or wrong?
Not share 132 Crs for SBI.
Do not signed before officer association.
What I am not getting is when SBI is not ready for wage negotiation and it is out of part of wage negotiation then why should we have to share 132 crs for sbi pension. Sirs, Pl clarify me regarding this.
UFBU LEADERS ARE FOOLING THE MEMBERS. LEADERS SHOULD PERFORM OR PERISH. IF LEADERS ARE NOT ABLE TO CLINCH THE WAGE/PENSION DEAL BEFORE DEADLINE, LEADERS SHOULD VACATE THE POSITION AND MAKE WAY FOR PERFORMERS. MEMBERS DO NOT WANT THE DEADWOODS TO LEAD THEM. IF LEADERS ARE DELIBERATELY DELAYING THE PACT AND TESTING THE PATIENCE OF MEMBERS, THE MEMBERS ARE INTELLIGENT ENOUGH TO DENY LEVY.
"THE PACT AND TESTING THE PATIENCE OF MEMBERS BY UFBU."
I THINK OUR LEADERS WANT TO TEACHES US,HOW TO LIVE IN FUTURE UNDER FRUSTRATION EVENAFTER THEY WILL CONTINUE AS OUR LEADERS.
REQUEST TO ALL :
DON'T LEFT FROM THIS BLOG EVENAFTER WE WILL GET SETTLEMENT AND PENSION.AFTER THIS WE SHOULD BE START CLEANING OF DIRTY LEADERS.
WE SHOULD BE START AGITATION AGAIST UFBU LEADERS.DON'T HOPE ANYTHING FROM THEM.THEY ARE NOT CAPABLE NOW.
FROM MY SIDE I WILL DO THIS AS PER MY COMPETENCE.I HAVE PROVED IN PAST ALSO.
do not be panicky comerades.
Let the storm subside as the good happenings will prevail because out of my 38 years of association with these comerades i believe that they they will definitly bring cheers out of woods.however till date i could not understand the stand of iba who are always turning a blind eye for equitable salary benefits to its members banking fraternity in contrary to when it comes to business and revenue they become the watch dog for critical comparable performance.justice delayed is justice denied.justice is non negotiable it must be imparted to the aggrieved.
With best regards to every body on the blog
REQUEST TO IBA/GOI:
What's banking sector has done something wrong with IBA/GOI? Then Why treated with negative behaviour. We are also important like education, and army and other sectors of country.Don't be more political,In these games nobudy is/will suffering,but normal peon,clerk or officer will suffer.
Our banking sector is productive and growing sector and also profit giving sector,Don't put it beside.
After all common man will suffer.
We want only parity.
BPS, CPC & ANOMALY:
--------------------------------
Upto fourth cpc in govt jobs there was no point to point fitments available in & within a scale. Even relativity was not maintained on an equal basic of two different scales.For example say, a scale 1200-2040 someone was at a basic of 1700. Another person on the very next scale, say 1400-2600 also at 1700.Before pay revision both gross were more or less same, but after pay revision, a huge gap would have been found, say around 15% in basic+DA.It was not because, that other person was on higher scale. But it was due to the unscientific fitments-formula.In our bank/Insurance;s fitments we always find relativity between a sub-staff & clerk/asst/ and also between a clerk/asst & officer in these cases.
Even in same scale say 1400-2600, one was at basic 2000 having 13 increments and another one was at 1600 having 5 increments, but after pay revision it was found 13 increments shrunk to 6 or 7 and the person got only 2 to 3% rise in toto on Basic+DA. The case of 5 increments also shrunk to 1. The gap of 13-5=8 increments shrunk to a gap of 4 increments.More over HRA at that time was not so encouraging like fifth or sixth cpc.No ACP or MACP was introduced during those days.
All those spoiled one's interest to do a govt job, especially in different clerical caders, where promotions were slow.It was also found that someone joined just one day before the date of pay revision, drew same salary with other one who had 6-7 years service in that particular post.
On the other hand bank/insurance jobs had a stage to stage fitments and maintained proper relativity in pay revisions. Bank/insurance job's increments were double/triple of govt jobs in their respective stages of basics. And all those lured many govt employees to join in banking/insurance through BSRB/IBPS etc.
In fifth cpc initially it was a notional hike 20% on old basic subject to minimum starting basic of correspondent revised scales.But later on cabinet changed it to 40% on old basic. Ofcourse 100/- + 10% I.R. factor was there.So if we don't take I.R.s into account for seniors having 15 years of service, it was not so encouraging, but that 13 increments,that I told earlier shrunk to 9 or 10, instead of 6 or 7 as had been happened in earlier cpcs. But persons in the starting stage of the scale used to be benefited to an extend of 60 to 70% on old basic.In those days there was a saying in govt circle"In pay revision juniors are benefited like anything, but seniors are poor losers"
Previously upto fourth cpc pension was just updated like, ours happened for the persons retired on or after due date of bps, say 1st Nov 2002 but before date of bps finally signed, say 02 June 2005.But from fifth cpc adding of I.R. & 40% of old basic introduced like existing employees' pay revision.One can say it was not an updation of pension, but a revision of pension,almost in the line of pay revision for non retirees. Thanks to administration that they didn't accept 67% pension concept of fifth cpc beyond 33 years of service.Otherwise there would had been more differences and Com K.Anandkumar of AIBOC, had to write more vigorously in 'Business Standard'. Sixth cpc maintained, that 40% trend.
(To be continued)
(Continued from earlier post)
BPS, CPC & ANOMALY:
--------------------------------
After fifth cpc anomaly committee, during 2003 upgrade most of the scales in central govt upward notionally from 1996 and gross improved 10 to 15% depending on scales. However LDC scale was not improved. In 2004 when DA was 67% NDA govt, before general election in April 2004, implemented 50% DP concept quoting fifth cpc recommendation, which should had been implemented in 2002 when central DA was 50%, if govt was sincere and not act with an eye on vote bank politics.DP implementation improved central salary further.
Sixth cpc history, known to all. It brings very first time in central govt services, almost a bank/insurance like stage to stage fitments, apart from grade pay. Old DP amount was restored by cabinet, superseding the recommendation of sixth cpc's 1.74 factors. An improvement of 5% gross came from cabinets this political decision. Starting right from grade pay enhancement to different new improvements' are notified now & then in central jobs during last couple of months, create situations quite hard for other jobs like bank/insurance etc to maintain a relativity at par with it.
oky comrades... can we do something..can we start a telegram campaign...urging both iba and ufbu to expedite the settlement...which will show our solidarity, it may be a warning to both iba and ufbu of our strength
BRING PRESSURE ON UFBU LEADERS TO
TAKE DECISIVE ACTION.EITHER SIGN THE SETTLEMENT ON OR BEFORE 24-02-10 OR GIVE CALL FOR INDEENITE STRIKE FROM 25-03-2010.THESE ARE THE ONLY TWO ALTERNATIVES AVAILABLE.NO MORE DETAILED DISCUSIONS AND NO MORE FURTHER ROUNDS FOR DISCUSSION.MORE THAN SUFFICIENT TIME HAS ALREADY GIVEN.NOW NO MORE DISCUSSIONS AND ROUNDS SIDHA ACTION OF INDEFINITE STRIKE.COME WHAT MAY.IF THIS DOES NOT HAPPEN BE READY FOR MASS RESIGNATIONS ON 25-02-2010.WAKE UP AND BE ACTIVE.
Strike while the iron is hot!
01.The 90 days period as per MOU dt.27.11.09,will be expiring on 25th Feb.’10.If union leaders have any sincerity and concern for welfare of existing employees and retirees they have to put forward every efforts to finalise the 9th BPS,within the time frame.
02.If they wanted to pressurize IBA/MOF/GOI only way out now,is to go for strike before the financial year end to achieve the goal…
03.Forget about the ego and infight among them.Seize the opportunity. When there is a chance to do something, do it immediately. Otherwise it will be too late.
STEPS TO BE TAKEN BY LOWER LEVELS OF THE EMPLOYEES UNION /OFFICERS ASSOCIATION
ADDRESS A STROGNGLY WORDED LETTER TO YOUR UNION /ASSOCIATION BRANCH WISE SIGNED BY ALL MEMBERS EXPRESSING YOUR WORRY AND ANXIETY AND BY CLEARLY CONVEYING THE MESSAGE THAT HARSH STEPS LIKE LEAVING THE UNION HAS TO BE TAKEN IF THE SETTLEMENT IS NOT SEEING THE LIGHT BEFORE THE STIPULATED 90 DAYS PERIOD.
IN CASE THERE IS AGAIN AND AGAIN POSTPONEMENT OF TALKS THEN SUBMIT YOUR RESIGNATION FROM UNION /ASSOCIATION WITH POST DATED SAY 01.04.2010 GIVING THEM A FINAL OPPURTUNITY TO SERVE YOU BETTER.
INFLUENTIAL MEMBERS WHO ARE CONNECTED TO PRESS OR WHO ARE HAVING INFLUENCE WITH THE MEDIA CAN HIGHLIGHT THE INJUSTICE /UNNECESSARY DELAY IN NEGOTIATIONS BLAMING BOTH THE GOVERNMENT /LEADERSHIP AND SEEK PUBLIC SUPPORT FOR THE CAMPAIGN.
LEAFLETS CONTAINING COMPARISON CENTRAL GOVT TOTAL EMOLUMENTS VERSUS BANK IN CORRESPONDING SCALES SO THAT CUSTOMERS WILL COME TO KNOW THAT BANK EMPLOYEES ARE NOT AT ALL HIGH WAGE ISLANDS.AND THEY ARE GETTING WORST SALARIES.
MEMBERS WHO KNOWS MPS CAN REQUEST THEM TO RAISE THE ISSUE IN PARLIAMENT.
THIS SHOULD BE THE LAST BIPARTITE SETTLEMENT AND IT HAS TO BE LEFT TO THE HANDS OF THE GOVERNMENT AND JUSTICE WILL BE AUTOMATICALLY DONE UNDER PARITY THEORY WITHOUT THESE BROKERS.
WHEN THE GOVERNMENT IS SO LIBERAL IN ALLOWING ALL TYPES OF BENEFITS TO ALL SECTORS, A PROBE HAS TO BE INITIATED COVERING THE PARTIES TO THE SETTLEMENT AND REAL REASON BEHIND THE UNDUE DELAY HAS TO BE EXPOSED IN THE INTEREST OF ALL. THE POLITICAL LEADERSHIP MIGHT NOT HAVE TIME TO KNOW THE HAPPENINGS SINCE THIS IS NOT THE ELECTION TIME . HOWEVER THE ATTENTION COULD BE DRAWN ONLY IF THE ISUE IS RAISED IN PARLIAMENT DURING BUDGET SESSION WHICH IS VERY CRUCIAL TO THE GOVERNMENT. THEY MAY NOT LIKE UNREST IN FINANCIAL SECTOR.
ATLEAST TRY TO BRING THE ATTENTION OF THE GOVERNMENT AND GET THE SETTLEMENT BEFORE THE END OF THIS MONTH WITH THE NONSENSE 17.5% AS AGREED PLUS PENSION . THINK ABOUT YOUR FUTURE ACTION AFTER GETTING THE PEANUT INCREASE PROPOSED BY IBA WITH THE WHOLE HEARTED SUPPORT OF UFBU .
K BALASUBRAMANIAN
As I have stated in this blog early UFBU is totally non transparent. At least if they are transparent the heat generated and the frustration level among the general membership to a certain can be reduced as the members are well matured and will go with the leaders if there are genuine constraints.But it is really not understood why the leadership is wanting the negotiation details are put behind iron curtain just like that is happening in Communist countries like Russia and China and leave general membership guessing which results in a lot of heart-burning and generates a lot of rumours.
Again I repeat this was not the case with the earlier say even 10 year ago with the leadership of Unions.By keeping the general members in the dark about the development of the negotiation the present leadership is acutally weaking the organisation of the Union for which they may have to pay heveaily in the future.
I do not know whether any leader who is in the negotiation team is going through this blog so that they can know the feelings and frustration of the general membership.
It is my earnest suggestion that transparency is paramount with the negotiating leaders and it is their duty to see that the details of the negotiation are passed on to the general members without delay instead of keeping them waiting and resulting in their total disappointment.
POLICY OF TRANSPARENCY WILL DEFINITELY HEAL THE FEELINGA AND FURSTRATION OF GENERAL MEMBERSHIP.
I HOPE THE LEADERS ARE LISTENING AND WILL ACT AT LEAST NOW.
DURING 2001 VRS AS MANY AS 1.01 LAHK EMPLOYEES LEFT THE SERVICE OF THE BANKS.THE STAFF COST FOR 2000-2001 IS RS.21050 CRORES.THE SAME FOR 2001-2002 IS 18959 CRORES.HENCE REDUCTION IN STAFF COST FOR ONE YEAR ALONE IS RS.2091 CRORES.CONSIDERING THE 2002-2007 WAGE INCEASE AND THE STEEP INCREASE IN DA DURING THE PAST 10 YEARS THE BANKS OUGHT TO HAVE SAVED NOT LESS THAN 25000 CRORES BY WAY OF REDUCTION IN STAFF COST.WITH SUBSTANTIAL INCRESE IN QUANTUM OF BUSINESS AND WITH BAN ON FRESH RECRUITMENT THE BURDEN WAS SHARED BY THE EXISTING WORK FORCE AND EMPLOYESS WHO RETIRED AFTER 2002.THIS CATEGORY OF EMPLOYEES DESERVE BEST SHARE AMOUNG OTHERS.THE UFBU LEADERS OUGHT TO HAVE ALREADY BROUGHT THE SUSTANTIAL REDUCTION IN STAFF COST FACTOR BOTH TO IBA AND GOVERNMRNT.IF THE AVERAGE OF REDUCTION IN STAFF COST FOR 10 YEARS THAT IS 2500 CRORES PER YEAR IS ADDED TO THE JUST AGREED INCEASE OF 4816 CRORES THE NOTIONAL PERMISSIABLE INCREASE WORKS OUT TO BE 7316.UFBU LEADRES IN FUTURE NEGOTIATIONS HAVE TO HIGHLIGHT THE REDUCTION IN STAFF COST AND ENSURE BEST DEAL FOR THE CURRENT WORK FORCE AND RETIREES AFTER 2002 AMOUNG OTHERS TO AVOID DISAPPOINTMENT. R.JAYARAM
mr. jayaram you are right just look at the profits of the banks post vrs and hugr npa provisioning and vrs provisioning
Dear friends i had collectd the fillowing data from RBI website which interesting to analyse
ALL PUBLIC SECTOR BANKS WAGE BILL AND NET PROFIT amount in crores
year Wages Net profit
1998-99 14839 3253
99-2000 16394 5116
2000-01 20929 4316
2001-02 19045 8301
2002-03 20446 12295
2003-04 22581 16546
2004-05 28114 18975
2005-06 27378 16538
2006-07 27802 20152
2007-08 28660 26592
2008-09 34250 34394
Read more: http://paycommissionupdate.blogspot.com/2009/11/ufbu-signs-minutes-with-iba.html?commentPage=2#ixzz0fctKWyuj
UFBU ASSURED BETTER WAGE REVISION THAN SIXTH CPC !
--------------------------------------------------------------------------------------------------------------------
Re: Bank employees wage revision- Nineth BPSThursday, 20 August, 2009 8:35 AM
From: "C H VENKATACHALAM"
To: "CHANDAN DATTA"
Dear,
First of all, please let us know your name, bank, branch and other details and which union you belong to. Because all our unions are expected to inform you the correct position.
Firstly, 17.5% does not include the pension cost of pf optees. That will be an additional 6.05% over 17.5%. Thus total will be 23.55%.
Secondly, if Govt. employees salary is better, IBA/Govt. have offered that package to us. Please let us know whether we can adopted that package for banks.
Banks offer is Rs. 4815 cr + 1260 cr for pension option = 6075 cr per year for 7 lac employees that next wage revision from 2012.
6th Pay commission wage increase cost is Rs. 12,561 cr. per year for 35 lac employees and next wage revision is 2016
Hope you understand
C H VENKATACHALAM
AIBEA
On Thu, Aug 20, 2009 at 12:52 AM, CHANDAN DATTA wrote:
Bank employees wage increase 17.5% including pension load for p.f. optees, pushed the attraction of a bank job far behind than that of a central government job, while compairing stress & strain involved between these two. Definitely unemployed will join in bank for employment, but not brains as it used to be happened in the days of Eighties & Nineties.One should observe that the so called wage hike every five years in banks have been quite minimal during the past decade or so whereas in central govt. there has been a quantum jump this time. As matters stand today the pay package in central govt. is quite high when compared with similar posts in banks. So naturally people who have other choices in hand will not join banks any more. And one should know that in banks now a days people have to toil hard even beyond ofice hours, that too being loaded with heavy risks all the time. In such a condition the present pay package wil not attract talents into banks.
BONDED LABOUR IN A SLAVE DYNASTY
CHECK UP WHETHER INDEPENDENCE AND DEMOCRACY HAVE ANY RELEVANCE TO INDIA. THE PRESIDENT GOT SALARY HIKE OF 200 TO 300 PERCENT. MPs AND MLAs APPROVES THEIR OWN HIKE WITH CLAP OF HANDS WITH NO DIFFERENCE IN THE HOUSE. FIVE DAYS WORKING GOVERNMENT EMPLOYEES GOT 40 PERCENT HIKE IN THE PRE-ELECTION PERIOD THROUGH PAY COMMISSION. JUDICIARY GOT THEIR DUE HIKE. MP FUNDS GOT HIKED FROM Rs.2 CRORES TO Rs.5 CRORES. THE SIX DAY WORKING BANK EMPLOYEES IN THE SLAVE DYNASTY GO WITH THE PAY SCALE GIVEN TO HIM ON 1st NOVEMBER 2002, THANKS TO THE ROLE OF ALL CONCERNED.
PENSION IS AN ALREADY GIVEN BENEFIT AND NOT A NEW ONE. IN 2001, SUPREME COURT SAID THAT BANK EMPLOYEES ARE NOT ENTITLED TO FRESH OPTION. GOVERNMENT WAS FIRM ON ITS STAND NOT TO GIVE IT ANY MORE. WHEN THE CLAUSE ENABLING FORFEITURE OF ENTIRE PAST SERVICE, WHICH PREVENTED MANY FROM OPTING FOR PENSION WAS SCRAPPED FROM REGULATIONS, UNIONS FAILED TO SECURE WITH IT A FRESH CHANCE OF OPTION IN FEBRUARY, 1999 TO THOSE WHO COULD NOT OPT EARLIER. ONE GROUP WANTED TO ENSURE THAT THOSE WHO ADVOCATED CPF AS BENEFICIAL NEVER GET A CHANCE AGAIN. THE OTHERS STUCK TO THEIR STAND TELLING THEY WERE RIGHT, EVEN ON KNOWING REALITY TO BE OTHERWISE. ALL WHO RETIRED SANS PENSION GOT STRANDED IN LIFE. IN DECEMBER 2005, DURING THE COURSE OF 8th BIPARTITE SETTLEMENT, UNIONS AGREED NOT TO REOPEN PENSION ISSUE VIRTUALLY SELLING OUT THE "ALREADY SANCTIONED" AND "LEGALLY VESTED" CARDINAL RIGHT OF THE BANK EMPLOYEE.
PENSION ISSUE GOT STALE DURING THE PERIOD FROM 1999 TO 2005 AND VANISHED FROM THE DEMAND LIST OF ALL UNIONS TILL DECEMBER,2005. PENSION BECAME A SHATTERED DREAM OF BANK EMPLOYEE. I DO NOT KNOW WHETHER ANY ONE EVER BELIEVED THEN THAT FRESH OPTION WOULD COME ANY TIME. PENSION ISSUE GOT RE-LIVENED THROUGH THE ALL INDIA CIRCULAR LETTER I SENT TO ALL PARTS OF THE COUNTRY ON 10th JAN.2006 AND THE VEHEMENT CRITICISMS I MADE AGAINST THE ATTITUDE AND APPROACH OF THE UNIONS AND IBA. THE WAR WAS ONGOING FROM 2001 AND WHEN I FELT THAT COURTS CAN NOT BE OF ASSISTANCE TO THE VICTIMS, THE NON-PERFORMING TRADE UNIONS WERE PUSHED. IT IS ONLY THIS WAY THAT WE REACHED THE PRESENT STAGE. NOW 'KUDOS' GO TO THE UNIONS WHO ATTEMPT TO CLAIM THE PATERNITY OF SOMEONE ELSE'S BIOLOGICAL CHILD.
THERE WAS AN MOU ON 25th FEB.2008 TO SETTLE PENSION ISSUE WITHIN THREE MONTHS FROM THEN. WAS IT NOT BREACHED TO ALLOW PENSION ISSUE TO GET MIXED WITH THE WAGE TALKS? IF PENSION ISSUE WAS RESOLVED WITHIN THE TIME FRAME OF THE MOU, IBA WOULD NOT HAVE BEEN IN A POSITION TO MIX IT UP WITH WAGE REVISION AND TO OFFER A LOW PAY HIKE OF 17.5 PERCENT IN THE NAME OF PENSION BURDEN. AGREEING TO SHARE 30 PERCENT OF THE PENSION BURDEN BY EMPLOYEES IS YET ANOTHER SELL OUT OF THE BASIC LEGAL RIGHT.
SALARY TO UNIONS LEADERS IS A GIFT OR BOUNTY AS THEY MERELY SIGN THE MUSTER ROLLS AND GO OUT FOR "SOCIAL WORK". BANKS FEED THEM FOR ACCOMPLISHING THEIR ENDS. BANKS REGULARLY COLLECT THE MONTHLY TOLLS FROM EMPLOYEES AND GIVE IT TO THEM. THEY LIVE A PLEASANT LIVING WITHOUT KNOWING THE VALUE OF THE SWEAT OF THE WORK FORCE. THEY ARE LOYAL AND FAITHFUL TO THE MANAGEMENTS THAT GIVE THEM COMFORTABLE POSTINGS AND WORK HAND IN GLOVE WITH THE LATTER. PARTICIPATION IN MANAGEMENT MEANS THRONES FOR THE LEADERS TO SIT , RELAX AND ENJOY. TALKS ARE PROLONGED AND WILL PROLONG FURTHER. THE NINETY DAYS TIME FRAME AS PER THE MOU OF 27th NOV.2009 IS ALSO FAST ENDING. THE FATE OF THE BANK EMPLOYEE IS ANALOGICAL TO A "BULLOCK CART" BEING PULLED BY IBA AND BANK UNIONS THROUGH THE TOUGH ROAD IN THE HELL. RETIRED PEOPLE WHO PAID SUBSCRIPTIONS TO UNIONS FOR 30 TO 40 YEARS AND LIVE WITHOUT PENSION ARE ENJOYING BITTER LIFE ON ACCOUNT OF THE WORTHY TRADE UNIONS AND LEADERS WHO TREAT THEM AS A SEPARATE CLASS TO WHOM THEY ARE NOT AT ALL ANSWERABLE
Now start to send E-mail
to UFBU:
chv.aibea@gmail.com
IBA:
webmaster@iba.org.in
Next IBA - Unions Meeting on 23.02.2010.
IT IS LEARNT THAT NEXT ROUND OF MEETING WITH IBA IS SCHEDULED ON
23-02-2010.WHETHER IT IS A SMALL
COMMITTEE MEETING OR FULL NEGOTIATING COMMITTEE MEETING ?THERE IS NO POINT IN DISCUSSIONS WITH SMALL COMMITTEE BECAUSE EVERY TIME IBA INSISTS FOR FULL NEGOTIATING COMMITTEE MEETING IN THE PRETEXT O HAVING DETAILED DISCUSSIONS.HENCE EVERY MEETING SHOULD BE FULL NEGOTIATING COMMITTE MEETING.IF SETTLEMENT IS NOT SIGNED ON OR BEFORE 25-02-2010
THE ONLY ALTERNATIVE IS CALL FOR INDEFINITE STRIKE FROM 25-03-2010.
NO MORE ANY MOU OR EXTENSION OF CURRENT MOU.UFBU LEADERS REMEMER THAT YOU ARE SITTING ON THE MOUTH OF VOLCANO WHICH CAN ERRUPT ANY TIME AFTER 25-02-2010 IF 9TH BP IS NOT SIGNED WITHIN THE AGREED TIME FRAME ON 27-11-2009
TO UFBU FOR LAST AND LEAST:
On or After 25/02/2010 only Two(2) ways left:
1)Settlement should be signed With Mutual consent, OR
2)Indefinite Strike call from 25/03/2010.And strike call must be declared on 25/03/2010 due to notice period margin as per law.You should not lost chance like past before General Election We have lost chance.Otherwise members will not forgive you for it.If SBI have some problems left them.They always put them like special and superior and never join in others call if its not pertain to them or agitation programs.Last time in their indefinite strike all unions & association has gave them support from outside and ready to join with them.
No small committee ONLY Full negotiation committee discussion will held next time.
I think its a political curse due to Mr.Pranab Mukharaji is our Finance Minister and CPI & CPM are not a part of ruling Govt.
sanjay bhatt and solomar .dear are you from banker fraternity? do you understand bipartite?do you understand collective bargaining?
if you do understand these things then i am afraid you people can not do such silly utterances as nothing shall come out of this.take a lesson from dear chandan.
regards
Ref. MML Gupta I don't know whether Sanjay ana Solomar are from banker fraternity or not, but they are expressing the inner voice of most of the banking fraternity.
Ref sanjay bhatta, 170210, A small correction please, Its not SBI people who have left you but its other unions who had made only lip service. Remember the indefinite strike in SBI no other union called even a single day strike in support of SBI people, but SBI people have gone on strike on 7 occassion for 8 days during last 5 years for 2nd option of pension in other banks. But it seems like now enough is enough and SBI leaders must come out of this UFBU umbrella.
February 17, 2010 8:14 PM Kundan:
I never saw such a blind support for one's organisation. Even IAS officers' are also not supporting their own departments/ organisations in this manner. First ask Mr Nadaf , whether he is ready to sacrifice the post of GS AIBOC in sack of SBI officers/ employees. AIBOC has more members from nationalised banks than SBI. From reliable source, report comes Nadaf is not at all ready for the self sacrifice. Only for an eye-wash, on his behalf Halder delivered a few catchy statements that found to be lost in the midway.
Please also try to find the miserable condition of recent recruited 28000 clerks in SBI with huge work load almost at par with Special Asst, but drawing only Rs 8000/- per month. Branch Managers' are exploiting them like anything. They have to work two/three hours extra everyday without any extra remuneration. No union, nothing is standing behind them. Before exhibit patriotic feelings for SBI, please have a look for juniors.
Thanks.
It is true that not only in SBI but in many other Nationalized banks juniors,particularly probationary clerks and officers are exploited to the maximum extent by branch heads and other seniors.When I interacted with a Chief Manager of a Nationalized bank,pat came his reply,that during probationary period they will do whatever we say and after confirmation they will become just like other seniors.But this is not at all true. An honest hard working person will not change his attitude just because he got confirmation and I made it very clear to that Chief Manager with illustrations and finally he agreed.
Respected mml gupta saheb,
With Regards
Sir,I am in Bank of Baroda
Date of joining: 17/02/1992
Eduction : B.A & BSc(Chemestry)
Qualification : Diploma in Computer Appliction,Visualbasic 6.0(Comp.Language)
Work Experience :Today 18 years compelet and 19th start with past 3 settlement in same bank.
Special Note :I have worked as Branch Representative for 8 years.In 1993 when I have transfered in my branch I was only
one out of 32 staff from other union.Now My branch has 18 staff and my union strength is 7 and 3 transfered.Not raise question like that Branch level and UFBU level is different.
Sir I think no doubt about I am from banker fraternity.
Sir I have no problem to take lesson from Mr.Chandan,I think you have problem with Mr.Chandan.I never feal shame to take knowledge from anybudy.If my child has more knowlede about any thing then I should be take knowledge from them.
Sir,Please leave past days because golden days allready passed and We are living in present.
Sir,I am not trying to prove anything.I have no Superstition for anything and also no any biggest misconception.
ATTENTION MML GUPTA
REFRENCE YOUR COMMENTS DATED 17-02-10
DEAR MR GUPTA FOR YOUR INFORMATION I WOULD LIKE TO MENTION THAT I AM A PERSON FROM BANKING FRATERNITY AND HAD SERVICE OF 32 YEARS.I AM A WITNESS TO THE MAJOR TRANSFORMATIONS THOSE TOOK PLACE IN THE BANKING INDUSTRY IN THE LAST 32 YEARS AND ALSO WORKING IN THE UNION SET UP FOR LAST 20 YEARS AND OBSERVING THE BEHAVIOUR OF SO CALLED LEADERS AND EARLIER SETTLEMENTS WE HAVE ACHEIVED.I KNOW VERY WELL THE MEAING OF BIPARTITE SETTLEMENT AND COLLECTIVE BARGAINING POWER.BUT THIS TIME THE WAY IN WHICH THE CURRENT SETTLEMENT IS PROGRESSING IS REALLY PAINFUL/UNFAITHFUL AND PROFF OF THA FACT THAT HOW THE UFBU HAD LOST BARGAINING POWER AND BEHAVING LIKE AGENT OF IBA/GOI.IBA IS DICTATING NEW TERMS AND PRECONDITIONS AT EVERY ROUND AND OUR SO CALLED LEADERS ARE COMPELLED TO ACCEPT THE OFFER OF IBA LIKE BEGGER.
ARE WE BEGGERS OR BANK EMPLOYEES ?
NOW IT IS CRYSTALCLEAR THAT UFBU HAD LOST BARGAINING POWER(SORRY COLLECTIVE BARGAINING POWER) OR THEIR MOUTHS ARE SHUT BY IBA/GOI BECAUSE THEY ARE UNDER FINANCIAL OBLIGATIONS OF IBA/GOI FOR CANCELLING IMPORTANT TIMINGS OF STRIKES IN PAST.
DEAR MR.GUPTA IF YOU HAVE ANY ANSWERS TO THE FOLLOWING QUESTIONS/DOUBTS IN THE MIND OF COMMON MEMBERS.KINDLY MENTION AND CLEAR THE DOUBTS WITH TRANSPERENCY.
1)WHY THE STRIKE CALL IN THE MONTH OF MARCH 2008 WAS WITHDRAWN ?
2)WHAT HAPPENED TO THE MOU THAT WAS SIGNED IN MARCH 2008 ?
3)WHYA THE SETTLEMENT WAS NOT FINALISED BEFORE THE COMMENCEMENT OF LOKSABHA ELECTIONS? WHY THIS GOLDEN OPPOUTUNITY WAS LOST ? THIS SHOWS THAT OUR LEADERS HAVE LOST FORESIGHT.
4)WHETHER PENSION IS OPTION OR COMPULSION FOR ALL PF OPTEES ?WHEN YOU SAY OPTION IT SHOULD BE OPTION BUT THERE IS NO ANY COMMUNICATION ABOUT THOSE PF OPTEES WHO THIS TIME WILL ALSO OPT PF INSTEAD OFPENSION.(SOME PEOPLE ARE UNMARRIED,WIDOWED NAD THEY HAVE NO NOMINEE FOR FAMILY PENSION)HOW MUCH RISE THESE PEOPLE WILL GET WHEN THEY WILL OPT FOR PF.17.5% OR MORE.NO UFBU LEADER IS SPEAKING ABOUT THIS.THEY HAVE ASSUMED THAT EACH PF OPTEE WILL SWITCH TO PENSION OPTION.WHEN IT IS COMPULSION IT IS NOT AN OPTION.
5) IT IS ALSO EVIDENT THAT DURING 7TH AND 8 TH BP SETTLEMENTS LARGE CHUNK OF WAGE RISE WAS TRANSFERRED TO PENSION FUND IN DISGUISSED MANNER KEEPING COMMON MEMBERS IN DARK,IN CONNIVANCE WITH IBA/GOI TO MEET THE SHORTFALL/NEGATIVE BALANCE IN PENSION FUND WITHOUT KNOWLEDGE OF PFOPTEES.WHY PENSION OPTION WAS PRESSED HARD THAT TIME ?
THERE WAS NO TRANSPERENCY.NO LEADER FROM UFBU IS SPEAKING ABOUT THIS ISSUE,THEY ARE KEEPING MUM FOR THE REASONS BEST KNOWN TO THEM.BECAUSE OF THIS WE GOT PALTRY RISE OF 10/13 % IN PREVIOUS SETTLEMENTS.
6)WHY THE DEMAND FOR BONUS TO ALL DROPPED BY UFBU WHEN OTHER GOVT ORGANISATIONS LIKE LIC,GIC,RAILWAYS,POST OFFICE EMPLOYEEING ARE GETTING HANDSOME BONUSES.WHY UFBU IS KEEPING MUM ?
7)EARLIER THE SETTLEMENTS WERE FOR A PERIOD OF 3 YEARS BUT IN 6TH OR 7TH SETTLEMENT IT WAS AGREED TO EXTEND THE PERIOD OF SETTLEMENT TO 5 YEARS ONTHE UNDERSTANDING THAT 6 MONTHS IN ADVANCE BEFORE THE EARLIER SETTLEMENT EXPIRES UNIONS WILL PUT FORTH THEIR DEMANDS SO THAT NEXT SETTLEMENT IS REACHED IN REASONABLE TIME.WHAT HAPPENED TO THIS UNDERSTANDING ?THE THREE SETTLEMENTS INCLUDING THIS CURRENT ONE WAS STRETCHED TO 30 MONTHS AFTER EXPIRY OF EARLIER SETTLEMENT.WHAT WE HAVE ACHEIVED BY EXTENDING SETTLEMENT PERIOD TO 5 YEARS ? OR WHETHER THE SETTLEMENTS ARE STRETCHED TO GARNER MORELEAVY AMOUNT FROM
MEMBERS IN PROPORTION TO ARREARS ?
continued
DEAR MR GUPTA
IN CONTINUATION OF MY EARLIER DOUBTS
8)WHEN OTHER SECTORS/GOVT EMPLOYEES ARE GETTING HANDSOME RISE OF 40-50% IN SALARIES,WHY WE WERE OFFERED PALTRY RISE OF 10/12/13/15/17.5% AND AGAIN FROM 17.5 % TO 15/13 % BY IBA,IBA HAS MADE MOCKERY OF OUR DEMANDS AND TEASING US BY THROWING PIECE OF BREAD.
IN MAHARASHTRA MSEB EMPLOYEES GOT 30 % RISE IN THEIR SALARIES IN JUST ON DAY ,LITERALY ONE DAY BY GOING ON INDEFINITE STRIKE.
THE CASE OF JET AIRWAYS EMPLOYEES SHOULD HAVE BEEN A EYE OPNER TO OUR LEADERS.THESE SMALL UNION AND THEIR LEADERS HAVE SHOWN GUTS AND COMPELLED THE MANAGEMENTS TO ACCEPT THEIR DEMANDS.WHETHER OUR DEMANDS ARE UNJUSTIFIED OR OUR LEADERS HAVE NO GUTS.WHEN THESE THINGS WERE HAPPENING WHY UFBU LEADERS SAT BLINDFOLDED.WHERE IS THE POWER OF COLLECTIVE BARGAINING ?THERE IS TOTAL SURRENDER BY UNIONS TO IBA/GOI BECAUSE OUR LEADERS ARE UNDER OBLIGATIONS OF IBA/GOI.
9) WHO IS RESPONSIBLE FOR FAILURE IN HONOURING THE MOU SIGNED IN MARCH 2008.IBA HAD SHOWN DUST BIN TO THIS MOU.
WHAT IS GOING TO HAPPEN WITH MOU SIGNED ON 27-11-2010.NOW COMMON MEMBERS CAN PREDICT THE FATE OF THIS MOU THAT WHY THEY ARE ASKING FOR THE ONLY ALTERNATIVE OF INDEFINITE STRIKE FROM 25-03-2010
AND CAMPAIGN OF MASS RESIGNATIONS.WHAT UFBU HAS DONE FROM 27-11-10 ONLY SOME PROGRESS
AND KEPT OTHER MAJOR ISSUES FOR DETAILED DICUSSIONS IN THE NEXT ROUND.WHEN NEXT ROUND WILL BE A FINAL ROUND ? ONLY GOD KNOWS
DEAR MR GUPTA PLEASE ENLIGHTEN US IN VIEW OF ABOVE.
THANKING YOU WITH REGARDS.
Dear Kundan Sir,
Thanks for correction.
Your are absolute right.
"SBI people have gone on strike on 7 occassion for 8 days during last 5 years for 2nd option of pension in other banks."
But Sir there are not only 2nd pension option point for those 8days 7 strike.There are merger,compensation ground,outsourcing etc..etc..points combined.Otherwise it was may be not happened.
Sorry for correction.
I may be wrong.
Again Thanks and Regards.
Well it should be understand by members that UFBU is doing all this nonsense,may be some hidden deal with IBA/GOI and there should be transparent equerry to be set up against these CHEATERS[Leaders] to check there Property...but this is even doubtful since GOI may also be a part of the game and don't allow any action against their own agents, that is the reason why these CHEATERS had kept their mouth shut during the lok sabha election period, Please try to understand that there are some agents of these CHEATERS also who try to make the scenario in the favour of these CHEATERS in this blog...so beware of such PEOPLES v
To MML Gupta Saheb,
Above all are answers for your comments and
Now I am telling Heartly and Respectfully:
If UFBU Leaders should became transparent from MOU signed in March 2008.These type of disappointment and Dander in members not created.Till today they are behave like Suspense creator.If UFBU leaders have been became transparent from March 2008
They have get support and sympthy from members.Supports of 10lacs members already with them.Then also why they are afraid from IBA/GOI.After 24/02/2010 they will start giving statements and clarifications,Who will believe in them?
We had all put them(leaders) on head and gave respect,But this time they are going and doing wrong.
I can not go with wrong in any way.
Regards.
DEAR mml gupta SAHEB,
With Regards Please take a lesson from MR.SOLMAR.
Please also refer yesterday's news in this blog.
"Wednesday, February 17, 2010
SBI officers want Govt. to make pension scheme better."
Why they trying to link their bank level issue with 9th BPS?
They can disscus at bank level and get solution.
They are already enjoying pension option with 3rd benefit.
I think SBI peoples like to spoil 9th BPS environment.
All above are in addition of Mr.Solmar comments.
Forget naught the cut throat treatment deliberately given by the so called SBI union & association leaders to UFBU while signing the minutes of the meeting on 27.11.2009 which could never be digested even by their own members of SBI and this is the base to why the final settlement could not be arrived at in time, it seems.
AIBOC for its part is also extending immoral support blindly leaving behind the interest and life of majority of its own existing and past members.
Even UFBU leaders act as though they are representative of IBA/GOI as there has been no transperancy so far.
Let all the happenings go to hell and for the days to come, all the members of UFBU think WISE but TWICE to face the gambling having been played by the so called existing leaders having multi
faces, IBA and GOI.
MAY GOD SAVE THE BANKING SECTOR OF OUR NATION!
dear solomar and bhatt now we are coming around the point as how to carry forward the trade union movement further,as you rightly said that under what circumstances the ist pension option was not exercised ? the same climax the same talks the same fire to fight it out as now prevailing for 9 th bipartite but what happened we are repenting and requesting ,struggling and making court cases now to get what we did not grab in 1995 in a bid to fight pension as 3rd benefit.my write up was just a caution mark in that retrospect. grab what you get today and fight for the betterment afterwards. iba and union leaders had always been hand in gloves as they complement each other.it is you comrades who face the music at ground realities and react at wrong time and tend to loose even the small in quest of big one.iba wants to make it cats fight. i recall when com parwana got settlement of salary with da linkage, the basic was reduced and therefore pf contribution became less. every body was furious but it was a historical achievement for entire trade unionism and similarly future will reveal the strength of this settlement.today after 50 years i salute that gentleman who changed the living style of working class.imagine the plight had your salary not been da linked?today i see fire in so many persons writing on the blog for the cause and i feel that the fire is misfiring at the wrong platform and at the wrong time so i feel pain.who knows who turns out to be another parwana amongst you. if my views help for such an event to happen. that is my only purpose to write on the blog.movement.i referred chandan because i thought he is carrying zeal to do some thing great to setright the erring and misguiding elements in the leadership.
regards
mr. solomar , with reference to your specific write up i agree with you and if you go through my various write ups on the blog i had mentioned that acturians exercise is arithmetical gimmic and not practical and so many other things for which i do concur with you.as per average probable surviving age of bankers post retirement it is very low in comparison to other classes which i have already written up on the blog.as per todays context option available from 1995. how many retired are surviving? and how many will opt for. it depends upon their health and social obligations because option is not free it taking away a lot meaningful amt. the whole issue has been misrepresented by iba and our leaders have not sorted out the grey areas.i have also raised a question as why a pensioner director /trustee is not appointed to overview the performance of pension fund. when the these managers are not capable of generating returns to feed the small lot of retirees how they will feed 3lacs plus joining the stream with in a couple of years hence forth. economic collapse in europe and usa recent incidents where these fund managers have played havoc with govt and investors money.under such circumstances the bankers shall think twice to entrust their hard money to these managers with out a watch dog over them.how pension fund gap has arisen is big QUESTION,why answers not being demanded? who is responsible to manage pension payments? can they say that now we donot have money and we are unable to pay pension and pension payment shall be recovered from either peoples money or settlement amt earmarked. these are the grave issues which should have been the edifice of deliberations of mou.HONESTY, SINCERITY AND DESIRE TO FIGHT FOR THE CAUSE are the desired parameters . who will bridge these gap in the leadership ? certainly some body from the ranks of todays generation.
regards
Referring mml gupta 18, 2010 11:14 PM:
Dear Sir,
You asked us to break the ice but not the table. I find every where there is ice and the table is very missing in the solid layers of ice. So without any damage to the table, it is next to impossible to clear these layers of ice.
The history of nationalised bank's unions can't be written without a reference to AIBEA and the history of AIBEA can't be written without a reference to Comrade Parwana and Comrade Tarakeswar. However Parawana was unmarried and that's why it was possible for him to serve better for the union cause.
I also request you to give marks to both Parwana and Tarekeswar out of 100 to let's get a compare. Hope you will not disappoint us and must respond,
Thanks.
Respected mml gupta Saheb,
Its means We should be surrender to IBA/GOI.
We should be sit with hand on hand.
We should be see game of UFBU and IBA/GOI with keep mum.
We should became spectators with clapping.
O.k. I accept nothing will We get from this blog commrnts,But Sir every procees starts with 1 or 2 or 3 persons and latterly became in crowd.
Sir, Everybody knows now We are not in condition to change anything
and get better due to UFBU leaders.
But We can start process for 2012 10th BPS.
Monkey is Happy,Because our brave Dogs became Cats.
Same policy used by English Govt. And world knows What happened.
Mahatma Gandhi also teach us protest wrong thing without violence.
Sir,forgote past,We are living in presnt and We will live our future.
I have also proud for past leaders.
I again write here this time is proper time and this palce is also proper place to put our questions for UFBU leaders and IBA/GOI.
I have been sent 7 emails to leaders.They answered only one with questions only.We can't any hope from them.
Actually We have no problems from IBA/GOI to their game and technique,bargaining tact,because they are doing right and perform very good from their parts.
But...but...Bhatt said: Our So called...??? not doing their duties with like responsible persons.
And one simple thing is that normal members not knows how to contact upper leaders for request or etc.
Respected Sir,In my blog profile photograph is really mine,not fake.Am I seen fool from any angle?
And other Who are written in this blog are fool and Are you beleive that they are put deep calculations,datas,figures,making arguments and spent time for fun??????????????????
I can't written with heavy English words and use fire manner language then I became a fool?
There are 501 comments already written under sinminegle topic in this blog.You can read all and justify yourselves.
With Regards.
Dear Sirs,
If Staff wants they can change anything including change in leadership also. For ex in SBH Officers Association, it was lead by the people who are against merger whereas all officers want merger. In the next elections the party which is against merger was lost its total members in election not with a marginal vote but except one from anti merger party all lost their seats. Then they got to know that how strong is officers approval for merger and opposition to their party. That is the strength of staff. We have to declare to our associations to come out from UFBU otherwise wait for the consequences. We have our power to change leaders when elections are there.
When ever leaders wanted to communicate its members ,whatever matter they think fit to percolate downwards they will have avenues.That need not be wage revision / pension option or MOU etc as members expect.More important events are coming even after 25th Feb’10.
Read:
“All Central Trade Unions in the Country have unanimously decided to observe Satyagraha and Jail Bharo programmes on 5th March 2010, against Price Rise, Continuing job losses, Public Sector disinvestment and also against increasing attacks on Trade Unions and Workers.
UFBU discussed this development and considered the call of the Central Trade Unions throughout the country and decided to extend solidarity programme of Centralized joint Mass Demonstrations by Bank employees and Officers by UFBU in all State Capitals and important Cities and Towns all over India.
We call upon all our Units to implement the UFBU call at all Centres.”
RISE IN PROTEST AGAINST
“ ALARMING PRICE RISE
HUGE JOB LOSSES
DISINVESTMENTS IN PUBLIC SECTOR
RAMPANT VIOLATIONS OF LABOUR LAWS
LACK OF ADEQUATE PROTECTION TO UNORGANIZED WORKERS”
Dt.18th Feb’10.
Sourse:AIBOA
settlement can not be signed within agreed time.there are hurdles.from the messages received today it appears that we should forget about the signing the settlement before 25-02-10.state bank people are demanding improvements in their pension scheme at par with pension scheme in other psu banks.so far they have enjoyed special privileges/benefits because they are special and above other bank employees.now they are saying the psu bank pension scheme is attractive and they want it.but at whose cost ?how the issue has come for discussion at this juncture .they are out of mou signed on 27-11-2010,because of thier adamant view it is impossible
to sign the settlement.every time they want to be over and above other psu bank employees.now forget about the settlement and be prepared for mass resignation campaign if call for indefinite strike is notgiven on 26--2-2010
MR MML GUPTA SAHEB YOU HAVE NOT CLARIFIED ANY OF THE DOUBTS IN MY PREVIOUS WRITEUP.
Request to All Friends:
“All Central Trade Unions in the Country have unanimously decided to observe Satyagraha and Jail Bharo programmes on 5th March 2010, against Price Rise, Continuing job losses, Public Sector disinvestment and also against increasing attacks on Trade Unions and Workers.
UFBU discussed this development and considered the call of the Central Trade Unions throughout the country and decided to extend solidarity programme of Centralized joint Mass Demonstrations by Bank employees and Officers by UFBU in all State Capitals and important Cities and Towns all over India.
We call upon all our Units to implement the UFBU call at all Centres.”
RISE IN PROTEST AGAINST
“ ALARMING PRICE RISE
HUGE JOB LOSSES
DISINVESTMENTS IN PUBLIC SECTOR
RAMPANT VIOLATIONS OF LABOUR LAWS
LACK OF ADEQUATE PROTECTION TO UNORGANIZED WORKERS”
Dt.18th Feb’10.
Sourse:AIBOA
***********************************
We always followed all calls from UFBU.But now members start to think over matters and reasons of call from 16/12/2009.
***********************************
If Nothing will done on 24/02/2010
and UFBU leaders not call for Indefinite strike from 25/03/2010 then WHAT ?(This is not negative thinking but may be became reality)
***********************************
Don't be misguided from any LOLLIPOPS.
############################
We should be join in call for GENERAL problems.
############################
But do not forgot our 27 months and 19 days struggled journey of 9th BPS.
Some persons here think that I am against Leaders and always wretten negative.But its wrong.
Why I am Requesting ?
Without requesting and without writing comments I will not getting benefits of pension and wage? Not yaar(friends).
Children also fire their perants for bed habits.
May be possible I am mad or fool.
"ON 5TH MARCH, 2010 (EVENING)
Centralized Joint Mass Demonstrations by bank employees & Officers under the banner of UFBU in all State capitals & important cities and towns all over India.
All our Unions and members are requested to co-ordinate and hold the demonstrations successfully.
With greetings,
Yours Comradely,
/sd./C.H.VENKATACHALAM
CONVENOR
(Part text of TEXT OF UFBU / 2010 / Circular No. 1 DATED February 18, 2010 of AIBOA We bsite)"
They have time for issuing these type of circulers and no time to disclose metters about going on pension and 9 BPS topic.
Anybody guessing What I am doing this time ?
Ans : I am tossing my head on wall.
Why should the members join the march demonstrations? The leaders till this day did not communicate with us. What price rise? Were they not seeing this all thru till date? That is why we wanted wage settlement and hike.Now why should the leaders want us?
Members please boycott call by the leaders.Ignore the call.Any further following of thier calls will be only after the real settlement.
No strike.We do not want to lose our meagre pay whatever we get now.
Care a hoot to these selfish quarreling leaders.
Mr.Sanjay...You a not mad neither fool but the [Cheaters] Leaders are making the members fool,once again by diverting the attention of members from the main issue of settlement.So every one should understand the hidden agenda of [CHEATERS]UFBU Leaders.
Nationalised bank unions are fast loosing their credibility among members.
It is learn that our UFBU already approved the draft for officers and expected to be signed on 27th Feb. It is pitiable on our part to have such leaders represent us for negotiations. The purposed increase is not even equal to DA increase in one calender year. Let us wait upto 27th for official communication.
mohanlal52 said...
Wage revision - Counter proposal on behalf of AIBOC, AIBOA, INBOC & NOBO for construction of new pay scales submitted to IBA on 19th February 2010. Next meeting likely to be on 25th Feb. 2010
Source - SBIOA Union Leader
February 20, 2010 8:14 PM
It appears that IBA would satisfy with no elaborate discussion
needed to be discussed in their full Negotiating Committee before reacting to UFBU. And the reason behind it may be of the fact that the version (final settlement) created by the IBA might have been reproduced as such for which the leaders would start counting the days for vacating their own positions!
The following issues are yet to be resolved by UFBU with IBA:
(i) Revised proposals of Basic Pay Structure given by IBA with Rs,14000 beginning and ending with Rs.54400.
(ii) On pension costing, the differences persist in the matter of new pension option.
(iii)With regard to date of payment of pension, IBA is only prepared to effect payment from the date of settlement whereas Unions want from 01-04-2008.
(iv) On the cost of SBI pension wherein IBA has allocated an increase of Rs.132 crores also, Unions have objected as it is a new item suddenly introduced after the first chart was given by the IBA.
WHEN WOULD THE DISCUSSIONS TAKE PLACE BEFORE FINALISATION OF SETTLEMENT ? - ANYBODY KNOWS PLEASE CLARIFY TO ALL BLOG MEMBERS.
"ravi:why there should be a desparity in the wage between sbi and other nationalised bank . all are doing the same kind of jobs with the same kind of tension and responsibility .are sbi people are super humans to get more ? treat every one as same."
(Above mentioned comment from Speak Out Here(Shout Something!)parts of this blog web page.)
I think our dealers sorry leaders not understand this or not want to understand.
Everybody knows all members eagerly waiting for good news from them.There are only 4 days remain for finish of time limit as per MOU dt:27/11/2009 then also any leader not ready to disclose any date of next meeting or proposed new pension scheme or pay structure or etc...etc...
I think they have getting evil happy from creating suspense.
But We should be not create any suspense and throw out from unions/associations.
No other way. Only one way.
Dear mml gupta Sir,
I am eagerly waiting for your marks on Com Parawana and Com Tarekeswar as I requested you in my comment posted in this headlines on February 19, 2010 12:06 AM.
Thanks.
Dear r rajendran woraiyur trichy Sir,
"WHEN WOULD THE DISCUSSIONS TAKE PLACE BEFORE FINALISATION OF SETTLEMENT ? - ANYBODY KNOWS PLEASE CLARIFY TO ALL BLOG MEMBERS."
Sir,
Its only knows GOD or IBA.
Even UFBU leaders also not knows.
They are doing only Yes sir...Yes sir...
I have heard that the meeting with IBA over the proposed structures are scheduledcon 25.02.2010.
UFBU has not given any dates so far either for discussions with IBAor for final
settlement!
Hope before 90 days of MOU final settlement will be made
Manoharan said... February 16, 2010 8:58 PM Next IBA - Unions Meeting on 23.02.2010.
Mohanlal52 said... February 20, 2010 10:56 PM
Next meeting likely to be on 25th Feb. 2010
Kundan said... February 20, 2010 11:06 PM
I have heard that the meeting with IBA over the proposed structures are
scheduled on 25.02.2010.
sudhakar said... February 20, 2010 12:34 AM It is learn that our UFBU already approved
the draft for officers and expected to be signed on 27th Feb.
ROLE OF AIBEA IN THE MIDDLE CLASS EMPLOYEES’ MOVEMENT IN INDIA
_______________________________________________________________
A group of young angry but dedicated comrades with the characteristic courage of convictions and vision took the historic decision on 9th April 1941 to form an all India organization for bank employees. On 20th April 1946 this vision stood translated into reality on the banks of the river Hooghly in Calcutta, the cradle house of revolutionary activities and freedom struggles. A new union “All India Bank Employees’ Association (AIBEA) was born and took formal shape. It was a time when the nation was then fighting its fierce battle against British imperialism.
At its formative stage AIBEA was confined to a limited member of banks. It was struggling against immense odds even for survival. There was nothing present on the trade union scene in the banking industry to encourage the formation of an all embracing industrial level organization. The day AIBEA was founded, a ceaseless and unremitting struggle to unify all bank employees under a single banner was started.
While the bank men of the country began to consolidate their struggle against oppression under the banner of AIBEA another phenomenon was silently taking shape in the trade union movement in other sectors. The Indian middle class which owed its sustenance to employment in the organized sector gradually began to be disillusioned with the system. The concept of a benevolent employer was fading out. Instead employees began to perceive a trend of systematic exploitation and deprivation both in the private and public sector. A growing feeling began to gain ground that, if allowed to continue this trend would shake the very rudiments of the Indian middle class. It was time to wage a powerful struggle to extract legitimate dues through established trade union processes of resistance and bargaining. Thus the emergence of AIBEA in this back drop paved the way for awakening of the middle class in India.
(To be continued)
NB: Earlier post removed due to a setting error repost here.
As per information released, WAGE TALKS BETWEEN IBA & 5 WORKMEN UNIONS will be ON 25th FEBRUARY 2010 AT 2.00 PM. TALKS WITH OFFICERS UNIONS WILL BE DECIDED SHORTLY. CONSTRUCTON OF BASIC PAY AND OTHER PREPARATIOSN ARE UNDER PROGRESS.
Continue from earlier post February 21, 2010 12:06 AM:
ROLE OF AIBEA IN THE MIDDLE CLASS EMPLOYEES’ MOVEMENT IN INDIA
_______________________________________________________________
It was a time when the bank employees had to work in rampant inhuman conditions. The situation then prevailing in the banks is beyond one’s imagination Service conditions were non-existent and the word “UNION” was an unutterable blasphemy. The hold of the paymaster on his workers was complete and total. Destinies were made and broken at the mere whim of the employer, which was only a euphemism to describe the lord and master. The bitter experience of the average middle class employee in this respect was no different.
It was the callous system, which continuously endeavoured to keep the worker oppressed and harassed. In such a hostile environment the need for a worker’s organization of comparable size and strength was acutely felt. Envisaging the broadest platform of unity possible in the then prevailing situation and circumstances the formation of an organization of the entire lot of bank employees in the banking industries was the prime target.
The period 1953 to 1956 was a period of incessant relentless and prolonged struggles for AIBEA. In 1953, the Fifth conference of the AIBEA was held at Lucknow and Comrade Prabhat Kar was elected General Secretary. During this period, the sweep of the organization came to acquire an unprecedented magnitude. The AIBEA fought bitter battles inside the portals of tribunals and outside in the streets.
(To be continued)
Continue from earlier post February 21, 2010 12:55 PM:
ROLE OF AIBEA IN THE MIDDLE CLASS EMPLOYEES’ MOVEMENT IN INDIA
_______________________________________________________________
In 1961, the General Secretary of AIBEA participated as a member of the Bonus sub-committee at the Indian Labour Conference at Bangalore, where it was decided that the entire banking industry, both in private and public sector would come under purview of the bonus commission. The phase of tribunalisation and third party intervention came to a decisive end with the singing of the historic first ever Industry Level Bipartite Settlement under the captaincy of AIBEA leadership in 1966. In bringing about this unique settlement, the dream and slogan of “One Union One Industry” had now assumed formal shape. The signing of such an industry level settlement, which included under the comprehensive sweep of its umbrella virtually the entire banking industry also resultantly strengthened and streamlined the growing unity of bank employees under the banner of AIBEA.
The concept of bipartite negotiations introduced in the banking industry under the stewardship of AIBEA served as a major precedent for introducing the same concept in the other sectors. The all India level central trade unions, which controlled unions in a sizeable member of industries, adopted a stand to resort to this mode of collective bargaining. And in the process the fate and status of Indian middle class got rekindled with a new kind of optimism.
The signing of the first Bipartite Settlement metamorphosed the status of both the AIBEA and the bank employees. It constituted a decisive watershed in the history of the movement since the period of definite consolidation of the movement and advancement commenced from this point. The AIBEA has never looked back after this.
(To be continued)
All Respected Friends,
Can We ask UFBU and IBA for agenda and minutes of every meetings held during last 3 months as per "RIGHT TO INFORMATION Act"?
Advice please.
Referring Sanjay Bhatt 21, 2010 9:28 PM:
Why not; definitely we can. I already expressed each & every minutes between IBA and UFBU must be live telecast as done in parliament, either through any govt or any private channel for transparency.
AS PER AIBEA WEBSITE
Next round of negotiations with IBA on wage revision scheduled for 25th February, 2010
Continue from earlier post February 21, 2010 8:25 PM:
ROLE OF AIBEA IN THE MIDDLE CLASS EMPLOYEES’ MOVEMENT IN INDIA
_______________________________________________________________
The period that followed was an era of bipartism. AIBEA grew from strength to strength. In 1969 when 14 major banks were nationalised the AIBEA leadership met the then prime minister Mrs. Indira Gandhi and suggested improvements in the structure of the banks. Having thus far devoted attention to aspects of wages and service conditions in the seventeenth conference held at Madras in 1973, AIBEA made a bold departure by laying more emphasis on national problem and called for a change in the credit policies of the government. This concern for the nation and its economy grew over the years as in successive conferences AIBEA emphasized on this sphere of activity.
In 1975, national emergency was declared and trade union movement in the country came under several attacks from the government. Holding a union meeting, bringing out a rally or observing a strike, every such activity was curbed and curtailed. This was not the case with banking employees only, rather with the suppression of trade union rights the voice of Indian middle class under these circumstances.
Securing of the Third Bipartite Settlement formed one of the sternest of organizational challenges faced by the AIBEA. At that time, the government at the helm of affairs was a government, which had triumphed at the hustings with a massive mandate from the electorate in the aftermath of the emergency. When AIBEA proposed the long overdue wage revision for bank employees, the government thundered that bank employees enjoyed best of both the worlds and therefore there was no question of any wage increase for them. At stake was not only the fate of bankmen but also the status of middle class employees in all sectors. A battle royal ensued therefore between the AIBEA and the government in which the use of every known item of weaponry from work-to-rule and other forms of agitation to novel methods like short duration strike at different centres were initiated. The government had to bow finally before the combined might of the bank employees and AIBEA once again achieved the impossible by signing the Third Bipartite Settlement.
(To be continued)
Dear Chandan
Well done , I appreciate your efforts to recall the history of sacrifice and bargain being spread by you through this blog. It is an eye opener for all to take care of the values embedded with past achievements and it is obligatory for each individual and association to carry forward with zeal and commitment for betterment of working class.After all nothing comes as a charity.
regards
MR SANJAY BHAT.
INFORMATION UNDER RTI CAN BE ASKED FROM IBA AND NOT FROM UFBU SINCE IT IS NOT A PUBLIC AUTHORITY.
BETTER USE A DUMMY CANDIDATE FOR THE JOB.
after seeing the message from AIBOA website it is clear sell of banking community by UFBU. I think we are again entering in to the pre nationalization era.
2) Officers' Unions meet on 18 2 2010:
On 18th instant at the meeting of All the FOUR OFFICERS ASSOCIATIONS at
Mumbai, the issue of a common proposal on main frame issue of DPDA, HRA,
CCA, cost of Superannuation, medical aid and other items were takenup for
discussion.
After elaborate discussions the following proposals emerged:
a) A pay scale of Rs.15000 to 47400
b) A slight increase in HRA percentage;
c) to retain CCA without abolition at the present level without any increase;
d) On Superannuation with parity of existing and increased columns to be
insisted. Provision for SBI balancing to be decided as per UFBU decision;
e) Medical aid to be increased property without scope for rejection
by IBA by overloading;
It was agreed to workout the cost sheet on the basis of the above lines at Mumbai and to exchange details whereafter, the FOUR UNIONS will sign and submit a consensus proposal to IBA.
Further details will be informed in course of the next round of talks.
Sources AIBOA website
IBA has now fixed next round of negotiations with Officers' Associations on 25/02/2010 at 10:30AM and with workmen Unions in the afternoon on the same day at Mumbai. Construction of Basic pay structure and other preparations are under progress.
IBA has now fixed next round of negotiations with Officers' Associations on 25/02/2010 at 10:30AM and with workmen Unions in the afternoon on the same day at Mumbai. Construction of Basic pay structure and other preparations are under progress.
"IBA invites Unions for Talks :
IBA has now fixed next round of negotiations with Officers' Associations on 25 2 2010 at 10.30. AM and with workmen Unions in the afternoon on the same day at Mumbai."
Source : AIBOA
No negative thinking but really I have no hope and no trust.
Because They have used "NEXT ROUND" word for 25/02/10 meeting.means UFBU is not cleared that it will final or regular meeting on 91st day after MOU dt:27/11/2009.Then also "Next Round" word used by UFBU has many hidden meanings like If on 25/02/2010 also settlement will not finalize then without extend it will continue in force.
Be careful.
DEAR MR CHANDAN
IN YOUR RECENT WRITEUPS YOU HAVE TRIED TO ELABORATE AND REFRESH THE ACHEIVEMENTS OF AIBEA IN PAST.BUT REMEMBER IT IS HISTORY.WHAT IS PRESENT IS MORE IMPORTANT.THE GENERATION OF DEDICATED LEADERS IN THE PAST IS PAST ONLY.NONE OF THE PRESENT UFBU LEADERS OF NEW GENERATION HAVE THE FORESIGHT,CAPACITY,AND GUTS OF THE OLD GENERATION OF LEADERS.PRESENT LEDERS HAVE FERGOT THE ETHICS AND PRINCIPLES OF TRADE UNION MOVEMENT.THE HAVE BUSY IN THEIR SELF WELL BEING AND ACTING AS AGENTS OF IBA/GOI.BY GOING THROUGH THE RECENT NEWS IT IS A OPEN SECRET THAT THIS MOU EXPIREING ON 25-02-10 WILL MEET THE SAME FATE LIKE THAT OF MOU OF MARCH 2008.NOTHING POSITIVE WILL EMERGE FROM THE TALKS ON 25-02-10
SANJAY BHATT HAS RIGHTLY SAID THAT EVERY THING WILL BE DISCUSSED IN NEXT ROUND.NOW UFBU LEADERS DECLARE THE DATE OF FINAL ROUND ELSE WE ARE SENDING YOU THE BOXES OF BANGLES.THE TIME HAS COME TO PERFORM OR PERISH.IF SETTLEMENT IS NOT SIGNED REPEAT SETTLEMENT NOT ANY NEW MOU OR EXTENSION OF CURRENT MOU A CALL FOR INDEFINITE STRIKE FROM 25-03-2010 MUST BE GIVEN.PUBLISH A WHITE PAPER ON WHAT YOU HAVE DONE DURING THE NINETY DAYS.DO NOT FALL PREY TO
PROPOGANDA STARTED BY MML GUPTA AND MR CHANDAN GLORIFYING THE LEADERS(CURRENT)
Our association people sent me this link. This is tentative for our friends in blog.
http://rapidshare.com/files/354278231/Revised_salary_structure_Tentative_22.02.2010.xls.html
http://rapidshare.com/files/354278231
/Revised_salary_structure_Tentative_22.02.2010.xls.html
join it
DOES ANYONE HAVE THE SALARY STRUCTURE
FOR THE CLERICALS AND SUBSTAFF THOUGH IT IS TENTATIVE IT MAY BE USEFUL
Referring solmar 22, 2010 9:02 PM:
This is a text presented by me in 1996 on the eve of AIBEA golden jubilee and bagged state award. Let me conclude it.
Thanks.
Dear Solmar,
Thanks and Ragrds.
Please my friend wait and watch,
Mr.Chandan has write and reached up to 1975 and 3rd settlement and (To be continue).Today up to 11.16 pm they have not posted lesson no.4.If they tried to emotional black mailing then it is absolutely wrong.But I think wait and watch for Mr.chandan.
You are 100% right to forget golden past.
Always our present has became our past and will became future.Never past became present or future.
So,We should be forget the past even it was golden.
Our recent(present) will became our future.If We not care about our present will be harmful for our future.
Always past is for remember only.
Be careful,nobody will help you.
Save,safe and help yourselves.
Resp.mml gupta saheb,
Why now you appreciate Mr.Chandan ?
For writing of golden history?
When Mr.Chandan has written against UFBU leaders for present scenario,Why you write against them?Don't play double sided game.
World knows this type of men are very risky for society.
If you are liking golden past leaders then also compare recent leaders and justify them with past.
I think Mr.Solmar ask you 9 Questions but till the date you have not gave any one answer for it.Mr.Chnadan also ask some clarifications from you and you also nothing clarify.I have also told you for reading all 500 comments and justify yourself and asked some Questions.
Gupta Saheb "चलती गाड़ी मै बैठ जाना बहुत गलत बात है."
It is not possible you like only working on last day of month e.g. salary day and rest day not.Very bad Sir.You should be work 1 to 30/31.
With Regards.
Continue from earlier post February 21, 2010 11:59 PM:
ROLE OF AIBEA IN THE MIDDLE CLASS EMPLOYEES’ MOVEMENT IN INDIA
_______________________________________________________________
The Fourth Bipartite Settlement came to the bank employees virtually on a silver platter as it was achieved with comparatively less struggle. The Fifth Bipartite Settlement also followed suit. Further, the achievement of pension, which has been the demand and aspiration of bank employees for over four decades has once again proved the leading role of AIBEA in the bank employees’ movement. While elsewhere the working class enjoyed the benefits of pension scheme, it had so far eluded the banking sector. With the achievement of pension facility, the identification of bank employees with the middle class in terms of social security was complete. The much-awaited Sixth Bipartite Settlement was signed on February 14 1995. It was expected that an atmosphere of peace and harmony would be generated thereby in the area of industrial relations in the banking industry. But it was not to be. A conspiracy of IBA-Management combine came to surface. The distortion in relativity of wage structure between workmen and officers agitated the minds of workmen. The bank employees under the prime leadership of AIBEA reacted against such distortion through agitational programmes including strike actions. The IBA-Government combine unleashed ruthless assaults on the union. High voltage campaigns costing crores were undertaken to spread falsehood and misinformation. Steps were taken to prosecute leaders alleging the strikes as illegal. In the face of the gigantic agitations conducted under the prime leadership of AIBEA and fighting zeal in rank and file, IBA-Government combine ultimately climbed down and agreed to reexamine the wage settlements in the industry for the bank employees with a time frame by an independent committee. The unprecedented developments added one more feather to the cap of AIBEA.
(To be continued)
refering sanjay bhatt,
It requires guts to appreciate good work from the person to whom i was in disagreement on some issue. i fight for for the issues not for the people.people like you are irrelevant so far as the issue is concerned.you have not come across a situation when suspension, termination and penalty transfers were the common features to fight for working class.mr bhatt you can not understand what chandan is writing .how much cash you have provisioned in case during the course of agitation (god forbid) if happen to be a victim of managements agony.you have never been trapped by them.what chandan is retrospecting is an eye opener for all the concerned who wish to fight and sacrifice for others.when you are in trouble others are no where.I am dying to see you as another com prabhatkar. I am not taking salary on last day but i am giving free legal aid up to supreme court to many people who some how were victimized by the management for the simple reason that i was also a banker long time back and i owe gratitude for the fellow contemporaries.if you get hurt by your acts please do come to me. god bless you.your comments are derogatory and i take leave from this blog hereafter.
Dear MML Gupta
Sir I apologise to you on behalf of all.Please ignore stupid comments by a few.We all have reached where we are by standing on the shoulders of giants.All those who sacrificed for the trade unions were and still are noble people. We need guidance from you or we will be hijacked by the Talibanised lunatic fringe. Do not leave this blog.The silent majority cant be cowed down by a vocal minority
REVI UNNI
Dear Sri Gupta,
I agree with your response. People once they get a forum are getting carried away and emulating some of the worst politicians. One should be careful in making personal allegations on somebody whom you don't know.Apologies on behalf of all in the blog. Please continue.
vinod
Wage Revision – Unions Past, Present and Future wage revision
Past :- Pre to post Pillai Committee Report, We have seen the negotiating skills of our union leaders. Bankers were getting more pay then Central Government employee. Due to UFBU Leaders negotiating skill, we are now getting just half of central Government employee pay. This is sufficient to Judge the Union leaders Past performance.
Present :- Since most of UFBU Leaders are retire, they are interested party in wage revision. Even though they are retired, still they want maximum share from current wage revision. And They have agreed to share the wage revision bill toward filling the shortfall in Pension fund. Result 1/5th portion is left for wages and 4/5th portion is appropriated towards pension. We will be getting meager 7% rise in wages, that too on March 2007 salary.
Future :- They have taken the bait of pension from IBA in 7 & 8th Bipartitie and gleefully agreed to share even the future wage revision towards shortfall in pension fund. So IBA has very intelligently hedge the Mismanagement, Inefficiency and corruption in Management of pension fund. Any shortfall in pension fund due to mismanagement, inefficiency etc., will be deducted from our future wage revision.
Result :-
IBA has won the battle by driving UFBU leaders to accept the bait for pension from wage bill. Instead of giving actual pension option, UFBU leaders have made current employee to share wages for present as well as in future.
Though IBA appears to have win the battle, but in long run it will destroy the banking industry. Bank will be able to hire only inferior talent from market due to low wages.
Social status of Banker would decline very sharply, as Bank’s General Managers would stand a notch lower than the Section officer of Central Government. Bank Clerk salary would be lesser than central government Sub (Peon) Staff.
DEAR MR MML GUPTA
DONOT LEAVE THE BATTLE GROUND IN THE MIDDLE.WAIT FOR THE RESULT OF THE NEXT ROUND FIXED ON 25-02-2010.
YOU HAVE TO ANSWER SO MANY QUESTIONS IN THE MIND OF COMMON MEMBERS REGARDING LEADERS OF UFBU AND THEIR CAPACITY,GUTS,COLLECTIVE BARGAINING POWER ETC ETC.
ALSO YOU HAVE NOT ANSWERED ANY OF 9 DOUBTS IN THE MINDS OF COMMON MEMBERS.NOW IT APPEARS THAT YOU HAVE ALSO ACCEPTED THE REALITY OF THE FATE OF MOU EXPIRING ON 24-02-10.
NOW COMRADES ASK THE UFBU LEADERS HOW MANY OF THEM ARE IN THE ACTIVE
SERVICE OF BANK.IF THEY ARE RETIRED WHAT THEY ARE DOING THERE.THEY SHOULD RETIRE FROM THE UNION POSTS ON THE SAME DAY OF THEIR RETIREMENT FROM BANK.MAKE RESOLUTION THAT ONLY ACTIVE SERVICING MEMBERS SHOULD LEAD AND REPRESENT THE NEGOTIATING COMMITTEE.NO RETIRED OFFICE BEARER OF ANY UNION SHOULD BE ALLOWED TO REPRESENT THE MEMBERS.UNLESS THESE
SELF ORIENTED SELFISH LEADERS ARE REMOVED NO SETTLEMENT CAN BE ACHEIVED.BY CONTINUING AS OFFICE BEARERS STILL AFTER RETIREMENT THEY WANT TO HAVE CONTROL OVER THE UNION KITTY RUNNING IN CRORES OF
RUPEES.WHAT ARE THEY WANT TO DO WITH THESE HUGE FUNDS.FOR WHOSE BENEFIT THESE FUNDS HAVE BEEN ACCUMULATED.THESE ARE COMMON MEMBERS' FUNDS.COMRADES THIS IS TIME TO THINK OVER AND ACT.
Common comment:(Don't take personally)
If you have no answer then don't ask question to other.
Right is always Right in any manner.
Right is always bitter.
In the day light with fold of eye lead its not became in night.
I alerts my friends not personally but for massive care.
Don't worry for cash provision for agitation,I/We have not need of money for agitation.It already started silently.
THESE ARE COMMON MEMBERS' FUNDS(Fees) used by Leaders in Which way all knows.
Who can know about silent or vocal majority/minority.God only knows.And coming time will declared result of it.No long time needed for it,Very soon all things will come openly.
We can't forgot sacrifice of our Hon.Leaders.We should be salute them.I also salute them.
But this time recent leaders doing is not proudly,not for salute and not any kind of sacrifice.And right person never hide anything.
What reasons for not be transparent? At least I don't understand logic for it.
I already leave trust and faith from them then no questions arise for help from them on my suspension,termination and penalty transfer.God may fulfill their all wishes.Now days they have loose their fighting power for justice of members then no questions.Only God is Great.
I am not a Chameleon.
PRESENT IS CORRECT AS WELL AS PAST.AND NO ONE CAN DENIED FOR IT.
its all common problems not my personal. I am common member,not leader.
O.K I am irrelevant,without guts,one sided,negative,out of topic.I agreed all.
But What ? Then no situation will changed created by leaders this time with surrender against IBA.
True warrior never leaves the field.
If anyone has Answers of Mr.Solmar's 9 Questions then I WILL ACCEPT I AM WRONG,AND QUIT FROM HERE.
God bless all.
Continue from earlier post February 23, 2010 12:43 AM:
ROLE OF AIBEA IN THE MIDDLE CLASS EMPLOYEES’ MOVEMENT IN INDIA
_______________________________________________________________
The year 1996 has a special significance to the bank employees in the country. During last 50 years the tiny plant AIBEA transplanted on the fertile soil of exploited bankmen has today become a huge tree with its roots deep down in the hearts of a million bankmen and women working in 63000 branches spread all over this vast mother land of ours. During these 50 years with tireless zeals led by giant leaders, AIBEA has grown today into a trade union, largest amongst white-collar employees and one of the brightest stars in India’s trade union firmament. And from it the Indian middle class employees continue to derive inspiration and confidence. There is no doubt the organization is going to reassert its role as the vanguard of middle class employees’ movement in India in the days to come.
(Concluded)
N.B: This article written and presented by me in 1996 on the eve of AIBEA Golden Jubilee. So it covers upto 1996.
Thanks
Mr. Bhatt you are very genuine at at views...keep it up sir,be proactive as you are always for the benefit of Bankers...this blog really need the brave person like you who have the strength to challenge the unfair things...keep it up...
"Where the willingness is great, the difficulties cannot be great..."
God Bless...
THE CAT IS OUT OF THE BAG-- FLASH NEWS ON BPS:
---------------------------------------------------------------------------------------------
1) Clerical Scale: 6200 -- 400 -- 7400 -- 500 -- 8900 -- 600 --11300 -- 700 --16200 -- 1300 -- 17500 -- 800.
2)DA: 0.15% From 1st Nov 2007.
3)CCA: No CCA
4) HRA: 9%, 8%, 6.5%
5)Medical Aid: Rs 2000/-
6)Halting Allowance: Rs 500, Rs 375, Rs 300 per diem.
7)Head Cashier-II: Old Rs 1300 will be Rs 1780 & Special Asst; Old Rs 1600 will be Rs 2180 & CTO: Old Rs 910 will be Rs 1250.
8) PQP: Rs 250, Rs 490, Rs 740, Rs 990, Rs 1230.
9) FPP: Old Rs 620 & above will be Rs 935, out of which Rs 800 is increment component.
10) Transport Allowance: Rs 200 p.m.
11) SPECIAL FEATURE: The Basic Pay of all clerical staff members not drawing special pay, will be increased by Rs 1000 p.m. w.ef. 1st May 2010 and they will be liable to work to perform the duties of Single Window Operator 'A'.
(Reliable Source & can't be disclosed)
Thanks.
सामान्य टिप्पणी(इसे व्यक्तिगत मत ले ):
यदि हमारे पास प्रश्न का उत्तर नही है तो हमे प्रश्न पूछना नही चाहिए|
सच हमेशा सच ही रहता है,किसी भी परिस्थिति में|
सच हमेशा कडवा लगता है|
दिन में आखे बंद कर लेने से रात नही हो जाती|
मेरी कोई भी बात व्यक्ति विशेष के लिए नही होती,सभी के लिए होती है|
आन्दोलन के लिए फंड की चिंता मत करे,मुज़े /हमे उसकी जरूरत नही है|आन्दोलन तो मूक परिवेश में शुरू हो ही गया है|हमारे नेता जिस ढंग से मीटिंगों में पैसे बर्बाद कर रहे है ,वो भी हमारे जेसे सामान्य सदस्यों की फ़ीस के ही है|
हम हमारे माननीय नेताओ के बलिदान को नही भूल शकते|हमे इनको सेल्यूट करना चाहिए|मै भी उनको सेल्यूट करता हु|
लेकिन इस समय हमारे नेता कोईभी गर्व,बलिदान और सेल्यूट करने जेसी बात नही कर रहे है| सच्चा आदमी कभी कुछ छुपाता नही है|
क्या कारण है अपारदर्शी बननेका ? मै तो इस के पीछे का तर्क समज नही पाता हु|
मै पहले ही उनमे से विश्वास खो चूका हु,इस लिए मेरे सस्पेंशन ,टर्मिनेशन और सजा के रूप में तबादले में उनसे मदद की उम्मीद का सवाल ही पैदा नही होता है|एसा चाहने वालो की भगवान इच्छा पूर्ण करे|ऐसे भी इन दिनों यूनियन और एसोसिएशन सदस्यों के न्याय के लिए लड़ने की ताकत खो बैठे है या खो चुके है, इस लिए इन से उम्मीद रखना व्यर्थ है|भगवान ही सब से महान है,और कोई नही |
और मै गिरगिट की तरह रंग नही बदलता.
वर्तमान भी भूतकाल जितना ही सही है और कोई भी इसे नकार नही शकता.
ये सब सामान्य प्रश्न है,मेरे कोई वयतिक नही है|मै एक सामान्य सदस्य हु,कोई नेता नही हु|
अच्छा मै मान लेता हु ,मै असंबद्ध, अप्रासंगिक, निष्फल, व्यर्थ, नासमज ,एक पक्षीय ,मुद्दों से दूर की बाते करने वाला हु|
लेकिन इससे क्या ? नेताओ की IBA के सामने शरणागती से उत्पन्न परिस्थितियो में कोई बदलाव आ जायेगा ? जूठ सच हो जायेगा ?
सच्चा सिपाही कभी मैदान नही छोड़ता|
यदि किसी के पास MR .Solmar के 9 पश्नो के सही जवाब है तो मै अपने आपको गलत स्वीकार करके यह ब्लॉग से निकल जाऊंगा.
भगवान सबका भला करे.
(हिंदी संस्करण अंगेजी शब्दों का गलत अर्थ न लिया जाए इस उदेश्य मात्र से लिखा गया है.)
Referring mml gupta 24, 2010 12:11 AM:
Dear Sir,
Why are you so emotional?Here this is a group discussion and difference of opinion must be there. Look and read my post on FLASH NEWS ON BPS. How can we think Union is great today? Already these people has turned this sacred temple into a Brothel.
Please also note that my ex-general secretary, in late sixties joined in bank as an apprentice in clerical and who had one day retrenchment after 30 days of work. But our generation is from BSRB. So like an apprentice we can't be so obliged to union. Many of us left Govt jobs and joined here and they are not in that category of " Beggars are not choosers" Please take a note of it.
Thanks.
Thank you Chandan for the flash news. Unfortunately it covers only for clerical employees of the bank. Please publish for substaff and officers.
UNIONS TURN US INTO BEGGERS: CASH DELIVERY UNDER DOORSTEP BANKING.
-------------------------------------------------------------------------------------------------------------------------------
State Bank of India
e-Circular
P&HRD.
Sl. No. : 507/2009 - 10
Circular No. : CDO/P&HRD-IR/47/2009 - 10
Tuesday,October 20,2009.
28,Ashwin 1931(S).
Memorandum of Settlement has been signed by the Management and Staff Federation on the 29th August, 2009. As per provisions of the settlement, AISBISF has agreed for
1). Pick up of cheques/bills from customer’s place.
2) Delivery of drafts/Inter Office instruments at customer’s place.
3) Accepting cash from individual/non-individual customers under doorstep banking
4) Cash delivery to customers under doorstep banking.
5) The above duties are in addition to the existing duties
6) All the members of clerical and subordinate staff are required to undertake marketing of products of the Bank and its subsidiaries besides discharging, outside work by calling on the customers. For the purpose they will be reimbursed the cost of petrol or lump sum amount as per the ceiling fixed by the Bank for those not maintaining vehicles and indicated in annexure.
Thanks.
Referring Parameswaran February 24, 2010 6:18 AM:
Dear Sir,
Only workmen side is available with me. I am also in doubt on the structure. As the same reached me through an All India leader, I post it here. There is also discussion around the corner that MOU will be extended for another sixty days beyond 24 Feb 2010.
Thanks.
I have no positive hope for tomorrow meeting.
Don't be cool to get slice of wage.If any type of settlement will sign tomorrow.Mr.Chandan's post clearly indicate It will came without parity.Salary and pension are not only questions for us now,But
We should be ask and get answer of
Mr.Solmar's 17 Feb,2010 comment's 9 Doubts/Questions from Responsible persons.
If Mr.Chandan's Flash News will became true then Where is parity seen in Award staff pay?
Then You all should be think that past leaders sacrificed themselves for members And present leaders sacrifice How many percentage(%) out of 17.5%.
Then also they all so called...... have doing drama of meetings and create Nonsense suspense.
DON'T LEAVE FROM THIS BLOG AND START FIGHT LIKE TRUE WARRIOR.
UFBU LEADERS MAKE US TOTALLY FOOL
NOW FRIENDS YOU SHOULD BE THINK WHAT IS RIGHT AND WRONG?
HOW PAST AND HOW PRESENT ?
ITS NOT ALWAYS RIGHT WHOSE PAST WAS GOLDEN THEN HIS PRESENT OR FUTURE WILL BE ALSO GOLDEN.
--> IT MAY BE POSSIBLE POLICE COMMISSIONER'S SON WILL BECAME MURDERER NOT POLICE OFFICER.AND SOCIETY WILL NOT FORGIVE HIM BECAUSE HIS FATHER WAS POLICE COMMISSIONER.
--> GOLDEN PAST MAY BE CONTINUE OR MAY BE NOT.
BANK EMPLOYEES NOW IN WORST CONDITION AMONG ALL SALARIED EMPLOYEES IN THE COUNTRY.
NOW BALL IN OUR COURT.HOW TO HIT IT IS DEPENDENT ON US.
CLARIFICATIONS AND EXCUSES HAS NO PLACE NOW.
THANKS TO MR NADAF & CO'S INDIFFERENT ATTITUDE, THE TALKS WITH IBA BY OFFICERS' ASSOCIATIONS HAS COME TO A GRINDING HALT! TOMORROW LEADERS WILL BE MEETING TO DECIDE ON NEXT COURSE OF ACTION INCLUDING GOING ON STRIKE - NOT INDIFINITE ONE AS THEY FEEL IT WILL NOT MATERIALISE I.E. MEMBERS MAY NOT TAKE IT!
AFTER 28 MONTHS OF STRUGGLE, PEOPLE HAVE MADE A MOCKERY AND AS A RESULT WE ARE STANDING AT THE SAME STARTING POINT! GOD! WHERE ARE YOU? PLEASE DO SOMETHING!
Discussions held between IBA and Officers Organisations
at Mumbai on 25th February 2010
Officers Organisations submitted our written proposals on the pay scale & allowances to Dr. Ramakrishna, Secretary, IBA. The same was explained later in the meeting to IBA during the meeting. In response IBA submitted two new proposals on revised pay Scale as under:
Proposal I: 15000 Incr. 600-700-800-900-1000-1100-1200-1300-54400.
Proposal II: 14200 Incr. 650-700-800-900-1000-1100-1200-1300-54400.
HRA: 6% - 7% - 8% CCA – Existing Rates & Quantum to continue.
Stagnation Increments: Additional as demanded by Officers Organisations not possible due to cost constraints.
Pension: Effective date to be from date of settlement only.
Pension Cost Calculation: IBA sticks to its methodology.
HRA & Hospitalisation Costs: IBA unwilling to consider request of Officers Organisation to rework these costs.
Pension Settlement: IBA to give draft agreement to Officers organizations shortly.
Residual Issues: Officers Organisations to submit list to IBA shortly.
Officers organization agreed to respond to IBA on these proposals in the next meeting.
No date has been decided for next meeting with IBA. IBA desires early finalization of exercise but its approach not very flexible/conducive for the same. Stalemate position continues on almost all major points, since IBA is refusing to consider our joint proposals.
AIBOA has made it clear that all proposals regarding Pension Costing like SBI Balancing, Cost of Pension and date of effect will be decided on the basis of UFBU decision as this issue is decided earlier through MoU with IBA.
Developments will be informed in due course.
/R. J. SRIDHARAN/
GENERAL SECRETARY
Proposal I offered by IBA appears to be better than Proposal II for all ranks. Why such unscientific proposals are offered by IBA?
Whether DA %factor fixed at 0.14% or 0.15%> is unknown?
The tactics of UFBU and IBA co is that after a prolonged time delay..in settling the settlement!!! they think that we will accept what ever they offer..something is better than nothing !!!!!!!!!!
Our leaders could not accomplish anything even after last day meeting as per MOU dt:27/11/2009.
They put us on same place and same condition means All points unsolved like as on 27/11/2009.They not able to convince IBA on a single point.
Then also as per AIBOA sources:
"Officers organization agreed to respond to IBA on these proposals in the next meeting.
No date has been decided for next meeting with IBA. IBA desires early finalization of exercise but its approach not very flexible/conducive for the same. Stalemate position continues on almost all major points, since IBA is refusing to consider our joint proposals.
AIBOA has made it clear that all proposals regarding Pension Costing like SBI Balancing, Cost of Pension and date of effect will be decided on the basis of UFBU decision as this issue is decided earlier through MoU with IBA.
Developments will be informed in due course.
/R. J. SRIDHARAN/
GENERAL SECRETARY "
Now Why need next meeting,What they done last 90 days? What is the meaning of MOU? What is the meaning of 90 days limit?
What next? Only indefinite strike is must and need not to join in 1/2 days strike.
WHERE ARE THEIR CAPACITY,GUTS,COLLECTIVE BARGAINING POWER ETC ETC ?
I really very angry and I have no words for them,I can't write here.
*******TODAY'S OFFER********
If anybody has answer of below mentioned Question then they need not give to answer of Mr.Solmar's other 8 questions.
"WHERE ARE THEIR "
CAPACITY,GUTS,COLLECTIVE BARGAINING POWER ETC ETC ?"
Don't miss it.Golden chance for coming 100 days celebration of MOU Dt:27/11/2009.
Mr.Kumar you are very very right.
|============================|
|THIS OFFER IS OPEN FOR ALL | | |
|============================|
Referring Sanjay Bhatta:
"WHERE ARE THEIR "
CAPACITY,GUTS,COLLECTIVE BARGAINING POWER ETC ETC ?"
Simply Nowhere.
I dont think any body will now ask this question, when answer to it is so obvious. Its really shameful, they can't even call for a strong agitational programme.
COMRADES
AS EXPECTED THE ROUND ON 25-02-2010 IS OVER AND THERE IS NO PROGRESS.IN EARLIER ROUNDS THERE WAS SOME PROGRESS,BUT IN TODAYS ROUND NO PROGRESS AT ALL AND HAD KICKED US AT THE BOTTOM,FROM WHERE WE HAVE TO START AFRESH.WHAT AN ACHEIVEMENT,FANTASTIC.NOW UFBU LEADERS NEED KICK START TO SHOW THEM THEIR RIGHT PLACE AND RIGHT WAY.ONLY OPTION AVAILABLE IS ONLY DECLARATION OF INDEFINITE STRIKE FROM 25-03-2010.IBA UNDERSTANDS ONLY STRIKE AND AGITATION LANGUAGE.
NOW ASK EXPLANATION FROM EACH AND EVERY UFBU LEADER WHAT THEY HAVE DONE IN 90 DAYS MOU PERIOD,AND WHY THERE IS QUIET BURRIAL OF MOU SIGNED ON 27-11-2009 ,AT THEIR HANDS AT THE INSTANCE OF IBA.ASK EVERY LEADER THAT WHAT IBA HAD GIVEN TO THEM TO SHUT THEIR MOUTH AND ONLY SPREAD THIER HANDS LIKE BEGGARS IN RONT OF IBA.WHY THEY ARE SPEECHLESS.NOW ONWARDS DONOT RESPOND TO ANY CALLS FROM THEM AND RESIGN FROM UNION MEMBERSHIP AND DONOT PAY ANY SUBSCRIPTION/LEAVY TO THEM.ASK THEM WHY THEY ARE MAKING PENSION COMPULSORY.IF SOME ONE STILL WANTS TO BE PF OPTEE.HOW MUCH WAGE INCREASE HE WILL GET. 17.5% OR MORE
PF OPTEES SHOULD NOT ACCEPT 17.5% RISE.THEY MUST GET MORE.WHAY THEY SHOULD SACRIFICE THEIR MONEY FOR PENSION OPTEE.NOW UFBU LEADERS STOP DISCUSSION ON PENSION OPTION AND FORGET ABOUT IT.
MRMML GUPTA ARE YOU LISTENING ?
THE ENTIRE BANKING INDUSTRY HAS OBSERVED THE CAPACITY,GUTS,AND COLLECTIVE BARGAINING POWER OF OUR
SO CALLED POWER FUL LEADERS,NOW THE TIME HAS COME TO REST THE TIRED
RETIRED LEADERS FOREVER.
O.K Mr.kundan,
Promise this Question not will ask by me.
I think UFBU should be declared end of MOU dt:27/11/2009 and start strong agitation again IBA/GOI and now proposed not less then 40%.
It may be possible if UFBU has some shame rest then.
After the death of Tarekeswar Chakraborty , I noticed this type of mismanagement in Eighth BPS in early 2005. However at that time Mr A.K. Purwar Chairman of SBI was the Chairman of IBA and the situation was somehow tackled with the help of NCBE & AIBOC leadership of SBI. Now it is prime time, AIBEA headquarter must be moved out of Chennai and must rest in the hand of an effective leader based at Kolkata or Delhi.
Apart from AIBEA, AIBOC & NCBE all other constituents of UFBU are more or less only Sign Boards.
Thanks.
Considering the sentiments of members leaders should announce indefinite strike from 25.03.10. This is the majority opinion of members.Gist of discussions held in all the meetings held up til now ,areas of agreement reached so far.What were the arguments put forth by the leaders and the response of IBA thereof etc should be made known to all. This would be a sort of while paper.
In the meantime it shall be clarified as to whether the MOU signed on 27.11.09 is still valid or not. If not it would be a blessing in disguise for now improved offer could be demanded than the measly 17.5% offered. One only hopes that the wait would not stretch till 2012,for the present settlement to be finalized, when the next BPS would become due.Many of the retired employees hoping for the second option of pension,might not be lucky enough to survive long enough to be able to draw Pension ! Vasudevan
"Comrades, it will be appreciated that most of the issues raised by us in the charter of demands have been covered so far. Some more issues still remain to be sorted out.
But it is important that the common issues like Pension cost, date of effect of option, cost balancing, etc are also sorted out before things are finalized. Attempts will also be made to further revise the Pay scales, subject to re-allocation of amount from one head to another.
Simultaneously, the process of drafting the pension option settlement is also being taken up. While these are positive features, we are concerned that on important common issues like pension costing, date of effect of pension option, balancing cost of PF and Pension, etc, differences persist between IBA and UFBU. These issues have also to be sorted out expeditiously.
While all efforts are being done to conclude the settlement, units and members are requested not to yield to unwarranted anxieties or misinformations.
Further developments will be informed to units in due course."
(Source:AIBEA website)
Above mentioned typed Blandishment now not effected any members.Now members knows you very well.
They proved that they have no meaning of 90days or time.
If you want to know dirty game of leaders then please Refer my February 22, 2010 8:30 PM comment.
Final day is also over by 25.02.10. IBA/UFBU have buried the MOU dt 27.11.09 unceremoniesouly. First one was on 25.2.2008 and now it is the turn for second one.
It is crystal clear that leaders have no plan to arrive into a final settlement as per MOU wthin the time frame or in near future.”Game” continues with much more vigor and arrogance against poor bankmen –working as well as retired.Repeatedly stating one thing or same thing in every meeting is meaning less.
Leaders should have courage,sincerity and honesty to accept or reject any proposals of IBA based on on its merit. If they found it is against the interest of employees they should have guts to reject and go for indefinite strike before financial year end, to force them to ink final settlement.
Is it possible?
It seems that surrendered leaders is now crawling when IBA asked to bend. Let leaders wait till IBA give them a date to hand over “Draft of Final Settlement “so that they can sign wherever they dictates, and later announce through all media on “Historic Achievements”made!!
LET THE UFBU THROUGH ITS INFLUENTIAL SECTION OF MPS IF ANY CAN BRING CALLING ATTENTION MOTION OR AT LEAST RAISE THE ISSUE DURING THE QUESTION HOUR IN PARLIAMENT SO THAT AT LEAST PM/FM/SONIA MADAM CAN GET FIRST HAND INFORMATION.
NO OTHER IMMEDIATE SOLUTION IS ON SIGHT.
BOTH UNION AND IBA CAN WORK IN A POSITIVE WAY SO AS TGO CLINCH THE SETTLEMEMNT/PESION SETTLEMENT BEFORE THE END OF THE FINANCIAL YEAR WITHOUT FORMALLY SIGNING ANOTHER MOU.IBA SHOULD NOT FORCE UFBU FOR A UNNECESSARY ONE DAY OR TWO DAY STRIKE WHICH IS WASTEFUL EXCERCISE. WHEN THE RAILWAY BUDGET DOCUMENT ENVISAGES AN OUT LAY OF 55000 CRORES FOR SIXTH PAY COMMISSION FOR RAILWAY EMPLOYEES AND PENSIONERS AND WHEN EVERY MINISTRY IS TAKING CARE OF THEIR EMPLOYEE WHY IBA/FINANCE MINISTRY IS BEHAVING IN AN IN DIFFERENT WAY.
PLEASRE ALLOW THE SETTLEMENT BY ACCEPTING THE DEMANDAS OF UFBU AND GIVE SOME ARRERS TO PENSIONERS ALSO ATLEAST FROM 01.04.2008 AND ALSO 100% DA NEUTRALISATION FOR PRE 01.11.2002 PENSION RETIREES.
EVEN NOW IF IBA WANTS THEY CAN GET CLEARANCE FROM THE MINISTRY IN NO TIME . EVEN ACCEPTING THE ITEMS AS SUCH FUNDS ARE AVILABLE. THIS COST CONSTRAINT THEIRY NOBODY IS WILLING TO BUY FROM IBA.ONLY POSITIVE APPROACH IS THE NEED OF THE HOUR RATHER THAN CONFRONTATION WITH BANKUNIONS AT THIS CRUCIAL JUNCTURE. LET WISER COUNSEL PREVAIL ON IBA AND ON ITS ADAMANT TEAM.
K BALASUBRAMANIAN
workplace bullying said...
Left has killed many things. Left killed one of their leader W R V very recently. They are no more people conscious and they have no time to think about people. How one can expect them to table our concern in the parliament. FM knows to insert needle not only to the Banana but to giant elephants as well. He is also a Halwa specialist
UFBU if you are really interested in the well being of bankmen, please call for indefinite strike from 26.3.2010 or else dissolve UFBU. Or else members, let us all shall submit resignation letters to the respective Bank's trade unions/ Associations due to their inability to function as One and make UFBU a real champion of bankmens' cause.
No more demands,
aspirations, promises and no more 'in the next meeting scheduled shortly'.
Leaders please do not repeat " will be decided in the next meeting"
Bank Workers Unity Zindabad,
February 26, 2010 5:34 AM
Government understands the language of violence, disturbances in public life and destruction of public property. Bankers are really simple and devoted workers that they have been in dialogue process with IBA, Indian Bankers Association for last two years patiently and peacefully. Wage revision of bank employees is due since November 2007 and the charter of demand was submitted to government in July 2007.Dialogue process has been continuing for last two years. It is sad that government understands the importance of any demand only when strikers burns the buses and trains, create road jams, blocks movement of train and what not. This has been seen in the case of strikers of other departments.
Government comes out of hibernation only when huge loss is incurred to exchequer. Ministers and the competent authority or labour commissioner have not understood the gravity of the matter, genuinity of demand of bank employees, and reality of bankers even after lapse of two years after the charter of demand was submitted to government of India and the IBA, Indian Banks Association an body which starts negotiation with banker's united forum on the issue of wage revision or other relevant demands.
Government has not tried to realize that workload on bank employees have multiplied during last two decades due to almost ban or regulated policy adopted by government on employment in banks during eighties and nineties, large scale removal of employees under voluntary retirement scheme VRS of the year 2000, the continuous natural retirement, dismissal and death of bank employees without fresh recruitment of at least same number of employees.
It is known to all that there has been technological upgradation in banks to a large extent during last two three years. But it was also made possible only by the hard labour done by experienced bank employees for more than 12 hours a day. Without disturbing customer service bankers took it a challenge, accepted new technology and converted most of the bank’s branches as CBS branch. Banks opened thousands of ATM, introduced E-Banking, Mobile banking, SMS banking, tele-banking and many other customer friendly services for the delightment of its customers. There has been continuous improvement in the services extended by bankers and it will not be an exaggeration to say that it is the only banks run by Government which extends services to the maximum possible satisfaction of its customers and on the contrary all other department of the government or most of the PSUs have failed to please their customers. Such paradigm shift occurred only due to efficiency exhibited by bank employees without disturbing routine normal works.
After adoption of Core Banking Solution ( called as CBS), Banks has introduced several other non-banking products like Insurance, demat service, share trading, selling of mutual fund products, tax collection, old age pension payment and many other products. It is only bank employees who accept newer and newer challenges and strive hard to please customers. It is unfortunate that bank employees are still in bad taste in corridors of Ministers.
(To be continued)
ONCE AGAIN THE INEFFICIENCY AND INCOMPETANCY OF UFBU LEADERS IS EXPOSED. UFBU LEADERS SHOULD HAVE PRACTICAL APPROACH. LEADERS SHOULD KNOW WHAT AND HOW MUCH CAN BE ACHIEVED THROUGH TALKS. IF IT CANNOT BE ACHIEVED THROUGH TALKS, THEY HAVE TO ADOPT ALTERNATIVE WAYS OF PERSUATION. WASTING OF TIME IN ENDLESS TALKS HAS GOT NO MEANING.
THE IBA KNOWS THE WEAKNESSES OF UFBU LEADERS AND IT IS NOT IN A COMPROMISING MOOD. SINCE, THE IBA IS NOT SENSITVE, IT HAS TO BE GIVEN A BLOW TO WAKE UP. THE UFBU SHOULD IMMEDIATELY DECIDE AND CALL FOR INDEFINITE STRIKE FROM 26-03-2010 TO PRESSURISE THE IBA AND GOVT. THERE IS NO ALTERNATIVE THAN THIS AND UFBU SHOLUD NOT BEG BEFORE IBA BY TOUCHING ITS FEET. LEADERS SHOULD HAVE SOME COMMON SENCE AND SELF RESPECT.
UFBU SHOULD KNOW THE THINGS THAT CAN BE SORTED OUT THROUGH TALKS AND THAT CAN BE ACHIEVED THROUGH PRESSURE TACTICS. IF THINGS CANNOT BE ACHIEVED THROUGH TALKS AND PRESSURE TACTICE, CAN BE TAKEN TO COURT OF LAW THERE AFTER.
I HAVE MY OWN DOUBT OF IBA AGRREING FOR PAYMENT OF PENSION WITH RESTROSPECTIVE EFFECT TO RETIREE PF OPTEES. SINCE, THE IBA IS BENT UPON PAYING THE PENSION FROM THE DATE OF FINAL SETTLEMENT, ANY FURTHER DELAY IN SIGNING THE FINAL SETTLEMENT WILL POSTPONE THE PENSION PAYMENT AND THERE WILL BE FURTHER LOSS TO THE RETIREES WHICH THE UFBU LEADERS SHOULD REALISE. INSTEAD OF FIGHTING FOR FRUITLESS BATTLE, UFBU SHOULD GRACEFULLY ACCEPT THE PENSION FROM HE DATE OF FINAL AGREEMENT AND TAKE LEGAL RECOURCE THERE AFTER WHERE THERE IS FARE CHANCE OF WINNING THE CASE.
To UFBU :
Now only one way:
Today you should be give call for indefinite strike,IBA and GOI can not understand language of other then strike.We already gave them time and chance for mutually solution.When IBA and GOI not ready to understand also not trying to give respect to bankers emotions.
although MOU dt:27/11/2009 not in force and now UFBU is free to give call for indefinite strike from 25/03/2010.
Note that members not ready to support any 1 or 2 days strike call now.Only indefinite strike call will entertained.And indefinite strike call also should be from 25/03/2010 not after march'2010.
Only one way left then choice has no place.
NOW GOING ON IS VERY INJURIOUS TO MEMBERS AND UFBU BOTH.
Otherwise no meaning of UFBU.
Leave us on our condition.
Only Today left to save members and also UFBU prestige.
PLEASE DO NOT REPETE PAST MISTAKES AND LEARN FROM PAST ALSO.
Please see www.bankpensioner.blogspot.com. Tentative salary and other details arrived at are given for sub staff and clerks.It seems only pension is eluding consnsus. R.Jayaram
One more round of discussion on our wage revision took place today (25-02-2010) between IBA and 5 workmen unions’ viz. AIBEA, NCBE, BEFI, INBEF and NOBW.
Continuing the discussions of last round of meeting held on 9.2.2010, today we argued for one more stagnation increment to be made available for senior clerks and sub– staff and it was decided to workout the cost implication of the same. As regards cost of rationalisation of special pay, after our pointing out the number of clerks and sub-staff involved, the revised working resulted in substantial reduction of cost. This additional available amount can now be distributed to other heads like Basic pay, HRA, Transport Allowance, etc.
On the important issues like costing the existing cost of pension, date of effect of pension option, balancing the cost between PF and Pension, etc. IBA maintained their standpoints and we informed IBA that these common issues will be dealt by UFBU.
For the information of our Units and members, we give below the following tentative proposals on which discussions have taken place so far. These are subject to finalisation in further course of discussions and effort is being taken to reach conclusions on all the issues and to expedite the settlement.
1. Basic Pay:
Sub-staff: Rs. 5500 – 200/4 – 6300 – 250/5, 7550 – 300/4, 8750 – 350/3, 9800- 400/3 – 11000.
Clerk: Rs. 6200 – 400/3, 7400 – 500/3, 8900 – 600/4, 11300 – 700/7, 16200 – 1300/1, 17500 – 800/1 – 18,300.
2. Dearness Allowance: 0.15% of pay per slab over 2836 points of index.
3. HRA: CCA is being clubbed with HRA. Proposed HRA rates:
- Places with 45 lacs and above : 9.50%
- 12 – 45 lacs : 8.75%
- 5 – 12 lacs : 7.50%
- Below 5 lacs : 7.00%
4. Transport Allowance: Rs. 200 p.m.
5. Special Pay: To be revised upwards w.e.f. 1.11.07
Rationsalisation: Clerks (a) All those who are not getting any Special Pay to be paid Rs. 1000 p.m. with some mutually agreed limited passing powers.
(b) All those who are getting some Special Pay now, will be revised to Rs. 1500 p.m. with suitable increase in powers.
(c) Head Cashiers & Special Assistants: These posts will continue with higher Special Pay.
Sub-Staff: Special Pay to be revised upwards with minimum Special Pay of Rs. 350 p.m. to all.
6. It is proposed that, after such rationalization exercise, from 1.5.2010, Special Pay of Rs. 1000 for all clerical staff and Rs. 350 for all sub–staff will be added to the Basic Pay and Basic Pay will stand increased accordingly. Balance amount will be continued as Special Pay.
7. Medical Aid: Proposed at Rs. 2000 per year.
8. Hospitalisation: Under Discussions for improvements.
9. LFC: Under discussions for improvements. IBA has agreed that the present condition to avail 4 days leave while encashing LFC, will be deleted.
10. Part Time Employees: Those who are now in lump sum monthly wages will be upgraded to 1/3rd wages.
11. Washing Allowance: Will be increased to Rs. 100 p.m.
12. Cycle Allowance: Will be increased to Rs. 75 p.m.
13. Project Area Compensatory Allowance:
Will be increased as under:
Group A: Clerks: Rs. 205
Sub-staff: Rs. 180
Group B: Clerks: Rs. 180
Sub-staff: Rs. 150
14. Split Duty Allowance: Will be increased to Rs. 125
15. Hill & Fuel Allowance: Same % rate on revised Basic Pay.
16. Halting / Diem Allowance: Being increased.
17. Income Definition for dependency: Rs. 3500 p.m.
18. Definition of family: To include physically challenged brothers and sisters with 40% disability.
19. Road mileage rate: Will be increased to Rs. 3 per km.
20. Breakage Allowance on transportation of personal effects:
Being increased to: (with receipt). Clerks Rs. 1120; sub-staff: Rs. 745 (Without receipt) Clerks: Rs. 745; Sub-staff: Rs. 560.
21. Special Leave for women employees: Within the entitlement of Maternity Leave, Special Leave upto maximum of 45 days will be granted for undergoing Hysterectomy operation.
22. Special Area Allowance: Will be improved.
23. Fixed Personal Pay: Will be increased suitably based on revised Basic Pay.
24. Professional Qualification Pay: Will be suitably increased based on revised Basic Pay.
25. Gratuity: Will be paid based on revised Pay (Basic Pay + Special Pay) or under Gratuity Act whichever is higher.
Comrades, it will be appreciated that most of the issues raised by us in the charter of demands have been covered so far. Some more issues still remain to be sorted out.
But it is important that the common issues like Pension cost, date of effect of option, cost balancing, etc are also sorted out before things are finalized. Attempts will also be made to further revise the Pay scales, subject to re-allocation of amount from one head to another.
Simultaneously, the process of drafting the pension option settlement is also being taken up. While these are positive features, we are concerned that on important common issues like pension costing, date of effect of pension option, balancing cost of PF and Pension, etc, differences persist between IBA and UFBU. These issues have also to be sorted out expeditiously.
While all efforts are being done to conclude the settlement, units and members are requested not to yield to unwarranted anxieties or misinformations.
Further developments will be informed to units in due course.
Dear Friends
Now the delaying wage settlement has turned out to be a blessing.If we get the arrears after April we stand
to save tax.All is for the good may be..HeHeHE!!!!!!!!!!!!!!!!!!!!
MR SURENDRA
WHAT EVER STATED IN YOUR WRITEUP ON 26-02-2010 ,IS IT AUTHENTIC AND FROM RELIABLE SOURCE ? BECAUSE ON MOST OF THE ISSUES STEREO TYPE ANSWERS/INFORMATION IS GIVEN.THE MAIN ISSUES LIKE FIXATION OF BASIC PAY,SPECIAL ALLOWANCES ETC ARE NOT DISCUSSED BUT THE OTHER SUNDRY ISSUES ARE TAKEN UP DISCUSSION.FIRST FIX BASIC PAY AND SPECIALALLOWANCES.FIRST OF ALL UFBU LEADERS SHAOULD EXPLAIN WHY THEY FAILED MISERABLY TO FINALISE THE SETTLEMENT WITHIN THE TIME FRAME MENTIONED IN MOU.WHY THEY WERE DOING IN THOSE DAYS.NOW HAVE THEY FIXED ANY CUTOFF DATE BEFORE WHICH SETTLEMENT WILL BE SIGNED.FIRST ASK THEM TO FIX THE TIME FRAME AND THEN COME FORWARD TO DISCUSS AS PER TIME SCHEDULE STRICTLY.THE LEADERS HAVE LOST THE FAITH OF COMMON MEMBERS IN THEM.FIRST DECLARE THE TIME FRMAE OR DECLARE/GIVE NOTICE OF INDEFINITE STRIKE FROM THELAST WEEK OF MARCH 2010.UNLESS THIS IS DONE NOBODY IS GOING TO BELEIVE IN THESE LEADERS.NOW MEMBERS DON WANT ANY STEREO TYPE ANSWERS LIKE SOME PROGRESS HAS BEEN MADE,NEED FOR DETAILED DISCUSSIONS ETC ETC.AND NEGOTIATIONS SHOULD TAKE PLACE IN FULL COMMITTEE MEETING AND NOT WITH SMALL COMMITTEE.there should be transperancy.
PLEASE VISIT HTTP://BANKUNIONAIBEA.IN TO SEE THE TENTATIVE SALARY REVISION FOR SUB STAFF AND CLERKS.SINCE THIS IS THE OFFICIAL WEBSITE OF AIBEA THE INFORMATION GIVEN MAY BE CORRECT-R.JAYARAM
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of January 2010 increased by 3 points and stood at 172(one hundred and seventy two).
Mr Slomar
this text has been taken from official website of AIBEA - site address - bankunionaibea.in
Under compulsion, to divert the attention of members from expiry of 90 days MOU period, Union posts these chocolates on its website. Why hadn't they post these earlier atleast a month or two back ???
MOU AND THEREAFTER- STORY REPEATES!!
"Ref:CIR NO. 16 Dt.26TH February, 2010
TALKS WITH IBA UNFRUITFUL
One more round of discussions with IBA was held on 25/02/2010 at Mumbai to decide on distribution of wage load of 17.5% and other related factors. Four Officers’ Organizations went in a delegation to Shri K. Ramakrishnan CEO of IBA and submitted a common proposal on distribution of wage cost on various components of salary and allowances to the IBA, and requested for an early settlement. We also requested the IBA to draw the final settlement on pension and residual issues simultaneously, within the time frame fixed. He too expressed his concern on undue delay in arriving at final settlement and assured to expedite the matter.
2. Therefore the discussions with the core committee of the IBA commenced in a cordial atmosphere. The IBA core committee was represented by Shri. Jagadish Pai, B.B. Das, Rajeev Rishi, Unnikrishnan and Venugopalan. After opening remarks from the Chairman of the Core Committee, we presented our response on the IBA’s proposal of 23/01/2010 and briefed on the basis of our proposal in distribution of the cost.
3. In our proposal, we have taken care to distribute the wage load in an equitable manner to all scales from JMGs-I to Scale VII. The HRA percentage retained as comparable to workman staff. Additional cost on pension, House Rent Allowance etc., are calculated on a scientific basis. The date of effect of pension to CPF optees is assumed as from retrospective date. As more number of officers are stagnated at lower level of scales, a provision for additional two stagnation increments for officers in Scale-I to Scale IV was also suggested by us. We ensured to avoid anomalous situation in pay scales, and incremental pattern as compared to the workmen scales etc.
4. Unfortunately, on none of our proposals, there was a positive response form the IBA and they stuck to their method of calculation of additional cost on HRA, pension and distribution of wage load of 17.5% on various scales. It appeared that, we have reached a dead end. The discussions concluded without any fruitful result.
5. Thereafter, we shared the information with our small committee and other leaders and decided to seek appointment with the Chairman of IBA to present our views. We also felt that, as avoidable delay is causing much frustration among the rank and file, we should keep them advised of factual position and be in readiness to take the issue to its logical end without loss of further time. Accordingly, we communicated to our members the outcome of the discussions through SMS. We have also communicated to the Chairman of the IBA our concern on the stalemate, and requested for his intervention and an appointment with him to explain our stand, at the earliest. We propose to meet him in the next week.
6. Comrades, it appears that, IBA feels that it is their prerogative to decide on the pay scales and method of calculation of additional cost required for various components of salary and allowances out of 17.5% wage hike. We can not accept their proposals as it has to be done through bilateral discussions to avoid heartburn and anomalous situation within officers’ cadre and also in comparison with workmen staff. We have to take care of the aspirations of large number of our membership who have stagnated in their respective scales and their career progression. We are confident of convincing IBA on the line of the distribution of wage cost, but things can not be taken for granted. The time at our disposal is very short. Hence, we request our membership, to be in readiness for organizational action, if the situation demands. We shall advise further developments, after meeting the Chairman IBA. We also request our membership to bear with the situation as it is our intention to ensure justice to all category of officers in distribution of wage cost equitably, among all components of salary and allowances.
With greetings. (G.D. NADAF)
GENERAL SECRETARY
-Source: AIBOC
WITHOUT ANY COMMENTS:
=====================
NO TIME IN INDIA,TO ANY SECTOR,WHETHER PRIVATE,OR PUBLIC,OR GOVT THIS MUCH MONEY IS PAID TO EMPLOYEES THAT TOO WITH 15 YERS DATING BACK PENSION BENEFITS.
LET US SEE HOW NADAF THE DOUBLE GAME MAN OF AIBOC IS GOING TO MAKE HAVOC ON THE ABOVE.
===========================
SWAMI DEC 05 2009-10.38 PM
===========================
AS READ IN PENSION CIRCULAR 1995 AND VRS 2000 CIRCULAR ALL PERSONS RETIRED FROM 1995 FROM DATE OF PENSION IMPLEMENTATION ARE ELIGIBLE TO GIVE ONE MORE OPTION FOR PENSION AND ARE ELIGIBLE TO GET ARREARS OF 14 YEARS AS PER PAY LAST DRAWN AT THE TIME OF RETIREMENT.PERSONS WHO WENT ON VRS BETWEEN 15-19 YEARS OF SERVICE WITH PF OPTION CAN ONCE AGAIN GIVE OPTION FOR PENSION AND GET 9 YEARS OF ARREARS OF PENSION.
COMRADES NEED NOT GET DOUBT ON THIS.I AM A SUB COMMITTTEE MEMBER IN MY BANK LEVEL.
WE WILL ALL GET BETTER PAY SCALES.BUT ARREARS AS NOT AS EXPECTED BECAUSE OF PENSION FUND CONTRIBUTION AND INCOME TAX-TDS.
OUR MARCH SALARY WILL BE NEW SALARY.
===============================
SWAMI DEC 06 2009 12.05 PM
===============================
To reffering Mr.Revi Unni,
Dear Friends,
My friend now no questions and problems from wage and pension settlement(9BPS)and tax saving or more/less getting,But failure of MOU.
Failure of MOU has may meanings
1) Its show What is our strength.
2) Its show our leaders not able to negotiation.
3) Leaders are not liable and worried about members.
4) What value of UFBU umbrella strength for IBA/GOI?
5) What reasons for not called for indefinite strike even after failure of MOU??
6) Why our leaders continue with IBA even after IBA/GOI not responded them meaning fully in all past meetings?
7) Our leaders are our Representatives and they image and strength of members Put at stake.
Pl.think and .....
All Answers of above Questions are LIKE OUR VALUATION REPORT BY IBA/GOI.
What information now you show on unions?association website are part of the game of UFBU and diverting us from failure of MOU only.
I have all ready written in past comments now they will start clarifications and excuse.
Don't be happy with tentative pay structure Which yor seen on web.
Its shame for us and failure of us.
yes...yes..
not leader.because We can't stropping them.
Fellow bank emloyee comrades,
The UFBU_IBA axis appears to have been highly successful in colluding to make this situations. Our leaders are real culprits.My ( and it is similar in all bank employees)anger and helplessness tells me that they have to be pulled to the centre junction and whipped.Unfortunately,we bank employees are all cowards.Otherwise these UFBU-IBA combination would not have fooled us like this.
Had it been in any other industry, the reaction in this situation could have been entirely different.
If I call our leaders some names which is in all our minds-- then it will be against we bank employees culture. So I refrain..
Leaders are so thick skinned...shameless.... Even if ------- is thrown on them also they will enjoy.... !!!
Mr.raju,
We are not cowards,
We can not in condition to stops cheaters leaders from our recent place.Then We can only Alerts our friends.When all friends will wake up then no need to man to man fight(agitation).
Have you send any e-mail or letter to your leader or UFBU Convenor Mr.C.H.Venktachalam? If no then please send and also tell your friends.
Regards.
Try This Option Also...
Dear Bankers lets hit IBA in the way they really deserve,One thing that can be done at this stage is that lets approach to the local MP's at district level and ask them to raise this issue in the parliament,as in every district there would be around 1500 to 2000 Bankers and 2000 bankers means 2000 families and if on an average if each family is assumed to have 4 members each then there would be around 8000 people from each district aout of which at least 4000 would be a vote bank of these Member Of Parliaments, and 4000 votes really mean for the Netas as these can change the entire scenario of their political career,the number can be even more than 4000 as tne number of dependents to these bankers would also be count as the vote bank of NETAS,so lets app roach these MPs at district level without having any involvement of the Unions,and HOPE FULLY THIS MIGHT WORK...to change the scene of Banking Industry...
So its time to JOIN HANDS TOGETHER AND FIGHT FOR RIGHTS...
Aaiye Saath Chalen, Lets Move Together, Sanggatchatwam...
BANK WAGE/PENSION TALKS – A NEVER ENDING PROCESS!!
Latest developments on 9th Wage Revision /Pension talks is not giving a good signal in the history of Bipartite talks.One has to think in terms
Where it leads?
and it is to be suspected that Leaders are having some hidden agenda against employees which are to be concealed from common members?.
Leaders of the unions are supposed to work for the benefit of its members with its due seriousness and transparency. Unfortunately the current events showcase the erosion in values in the conduct of negotiations by UFBU with IBA.
Submitting a charter of demand is only the beginning of the process of wage negotiations.Arriving to an understanding through bilateral talks between parties is normally paving way for smooth transition to a final settlement.. While going through the history of 9th Bipartite talks it is exposed that Unions have not succeeded so far settling any of its demands during the past two years ,except in celebrating the MOU s signed.
Earlier MOU dt 25.2.08 has been buried after the expiry of time limit without any follow up and explanation for reason for the same.
Again MOU dt 27.11.09 is also having the same fate.!
To be contd…
Contd from last post
-Wage revision with an increase of mere 17.5% and
-.Another option for Pension to PF optees existing employees as well as retired. (In fact it was a denied benefit extended now)
Cost factor is only a game applicable to bankmen only, which is another contribution by the leadership/IBA. It looks funny to hear that the Union is talking now about the adamant stand of IBA.and dead lock in discussions!.
Basic Pay and allowances constitute the Pay and to arrive to a reasonable good Basic Pay within the allotted amount is not a Herculean task But here also Unions find it difficult to present a reasonable and good proposal to IBA and get it agreed.Let us forget about remaining issues.
In the case of Pension option to PF optees IBA stated that pension will be paid from the date of settlement only.In such case the inordinate delay will only affect retired bankmen who will again loose legitimate dues in spite of loss for last 15 years, whatever reason attributed .
Even when Govt was enjoying support of leftist parties Union Leaders failed to raise the issue in parliament! When all other sectors including Central Govt employees took up wage revision before General Election Bank Union Leaders kept mum for reasons best known to them.
Even for calling a strike before 31st March notice has to be given.Knowing fully well now Union is seeking appointment with Chairman ,IBA to sort out the issue. They could have met FM rather than IBA who is acting in tunes with MOF/GOI.
ARE THE LEADERS WORKING FOR THE WELFARE OF EMPLOYEES FORGET ABOUT POOR RETIREES!!
It is surprising that Govt finds it difficult to concede the legitimate demands of the bankers who are the back bone of the economy like farmers and other sectors.While all the political parties vie with one another to secure benefits for the farmers, there seems to be none to take up the legitimate cause of the bankers. The Govt has allocated around Rs.40000 crores in the latest budget for job guarantee schemes and similarly allocations have been made for various schemes.The point is no one grudges these allocations intended as welfare measures .. but why is it the Govt finds it difficult to meet the aspirations of the Bankers involving just a few hundreds of crores citing paucity of funds as an excuse ! This despite the fact the Banking sector has been contributing in a handsome manner to Govt kitty. The Govt has also announced substantial infusion of funds to strengthen the capital base of Banks.. Probably this is just to partially offset huge write offs carried out amounting to around Rs.60000 crores recently. Why is it Bankers are neglected ? Why is it Bankers are made to go around with begging bowls even for small increases in wages that barely offsets huge rises in prices, over the years, of all commodities..If and when the leaders decide go on strike again,massive publicity campaigns should be launched in media about the wide disparities in wages when compared to central/state govt employees who seem to be the blue eyed boys of the Govt This just to dispel the false notion accumulated over the years that Bankers enjoy better wages. It is not clear as to why a meeting with chairman of IBA is sought Do the leaders believe that this would yield any results ? I doubt.I feel this would only lead to a series of fresh round of meetings. At least interest for the delayed payment of arrears should also be demanded as part of settlement.. Vasudevan
IT IS NOT IBA WHICH IS DELAYING THE SETTLEMENT BUT OUR OWN LEADERS BY PLACING IRRELEVENT AND UNACCEPTABLE DEMANDS. THE LEADERS WANT SOME REASON TO DELAY THE SETTLEMENT SO THAT THE ARREARS AND THE LEVY THERE ON IS INCREASED. THEY CAN CLAIM THAT THE EMPLOYEES HAVING GOT HUGE AMOUNT OF ARREARS HAVE TO BEAR PROPORTIONATE LEVY. SINCE, SUBSTANTIAL PORTION OF ARREARS IS GOING TOWARDS PENSION KITTY, EXPECTATION OF EMPLOYEES FOR HUGE ARREARS AND OF LEADERS FOR LEVY CANNOT BE FULFILLED. HENCE, THE DELAY, NOTHING ELSE. ADAMANT ATTITUDE OF IBA ETC IS ALL STAGE MANAGED. AFTER HAVING AGREED FOR 17.5O% AND PENSION IS DEMAMDED FROM BACK DATE WHERE IS THE BALANCE AVAILABLE FOR PROVIDING INCREASE IN BASIC/STAGNATION ETC. THE LEADERS SHOLUD HAVE THOUGHT ABOUT THIS BEFORE SIGNING THE PACT ON 27-11-09 ITSELF. NOW, AFTER THE AGREEMENT, IF MORE AMOUNT IS DEMANDED, FROM WHERE THE IBA HAS TO ADJUST? ANY DELAY IN SIGNING THE PENSION PACT WILL HARM THE RETIRED PF OPTEES AS THE PENSION PAYMENT WILL BE POSTPONED TILL FINAL SETTLEMENT. THERE ARE VERY POOR CHANCES OF IBA AGREEING FOR PENSION FROM BACK DATE. YOU, LEADERS BE REALISTIC!
satish
as mentioned in the circular for rs1000 to all clerks does it mean that c t o allowance will be reduce to rs 500 and head cashier and sp asst allowance will reduce accordingly i enclose exact wording
(c) Head Cashiers & Special Assistants: These posts will continue with higher Special Pay.
pl enlighten us
I FULLY AGREE WITH MADAPPA'S COMMENTS DATED 28 TH FEBRUARY, 2010. BOTH IBA AND UFBU ARE ACCOUNTABLE IN NOT HONOURING THE SANCTITY OF MOU SIGNED BY THEM ON 27TH NOVEMBER, 2009 BINDING THEMSELVES TO ARRIVE AT FULL FLEDGED WAGE AGREEMENT IN 90 DAYS. IN FACT, THE ATTITUDE OF UFBU LEADERS WAS VERY CLEAR FROM THE OUTSET. THEY DID NOT MAKE ANY SERIOUS EFFORTS SITTING WITH IBA TO DISTRIBUTE 17.5% AND ALWAYS
SIDETRACKED. THERE IS A MAXIM WHICH IS THE BASE OF ALL TALKS- "EITHER CONVINCE OR GET CONVINCED". WILL UFBU LEADERS ACCEPT THEIR FAILURE IN NOT SIGNING THE WAGE AGREEMENT? HAVE THEY REALISED THE SENTIMENTS OF BANK EMPLOYEES THROUGHT THE COUNTRY? WILL THE LEADERS RESIGN FROM THEIR POSTS PAVING THE WAY FOR THE YOUNG AND MORE VIBRANT/ DYNAMIC LEADERSHIP?
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