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3 comments :
I WANT DETAILS DA OF PENSIONERS WHO RETIRED 2001-2002
Respected General Secretary
AIBEA
Chennai
Friend,
Now in all the banks new Pension optees deposited their share of 30% amount as funding of Gap, as decided by the unions, in the shape of 56% of CPF and 2.8 times of revised pay of November, 2007
Kindly ask IBA whether the banks credited their share of 70% on account of Gap in Funding the Pension, to the Pension trusts in Banks. Kindly ask IBA to furnish the dates when they credited 70% share to their Bank's Pension Trusts.
Friend it is needed to the unions to monitor the working of the Pension Trusts of the Banks. Please also have a constant vigil that now banks are crediting 10% of pay EVERY MONTH TO THE PENSION TRUSTS.
Please arrest the banks in this respect otherwise they will further show a gap in pension funding and will ask the unions to share the gap by asking the penalties and tolls from the pensioners out of their monthly pension.
I humbly submit before the learned GS to constitute a sub committee to look after the Pension affairs that banks are adhering the pension regulations meticulously.
Please take an expert view that whether unions can file a complaint(s) against the banks who are not depositing 10% contributions to Pension every month as per Pension Regulations.
Please also file complaints against the appropriate Authorities.
Kindly keep in mind that when unions will demand updating of pension and100 percent DA neutralization on the negotiating table again IBA will demand heavy tolls in the name funding of Gap from the pensioners.
Kindly ask IBA to guide banks that full pension shall be paid up to the date of payment /netting of commuted pension and pension can only be reduced from the date of payment/ netting of the commuted portion of pension.
Being oldest union of bankers it is also the duty of AIBEA to approach IBA/Government accordingly. Bankers can only see towards unions in the event of distress. No one can approach the judiciary for all the misdeeds of the banks. Pensioners shall also be allowed to become members of the unions.
Thanking you,
With regards,
Comradely yours
ashok goel
ashokgoel47@in.com
PRAYER
unions ashould start talks about pending issues over Pension to bankers with IBA .
Thanks
Ashok Goel
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