Saturday, August 6, 2011

Pensioners Participation - 5th August Bank strike.

Serving bank unions gesture to include the vital demands of Pensioners, such as updation of Pension,100% DA neutralisation for pre 2002 retirees etc among other things for the strike call ,evoked a  good response from pensioners from various parts of the country in  participating in demonstrations and dharnas conducted  at important  centers with support of bank unions as per available reports in media
              If MOF/IBA takes these reports in its right spirit a positive dialogue with serving unions should take place in coming days.from our experience same cannot take place immediately.As we find,the last minute efforts of Finance  Secretary and Chairman IBA  with union,was only for withdrawal of strike and not for a meaningful dialogue.
               AIBOC vide their Cir. No. 78 dt 5th Aug, has acknowledged the involvememnt of Pensioners, in the actions programmes related to strike as follows:- 
"We also wish to place on record here that a huge number of
representatives from the Pensioners’ Associations participated in the demonstrations and extended their moral support to the cause of the United Forum of Bank Unions. These veterans of our movement have assured to extend their fraternal support to all our future
struggles."

            The United Forum of Bank Unions is meeting on 10th August 2011 at  Bangalore to chalk out our future course of action.

Source - P. Mohan - Chennai
              Bankpensioner google group member

1 comment:

  1. Mass recruitment of employees in Nationalized Banks has taken place during 1970-73. The first Pension option for Bank employees was extended in 1991-92. At that times the Unions did not encourage the employees to opt for pension for the reasons best known to all employees. It is only during 9 BPS the Unions corrected their stand with a late option fee/penalty to the employees. Most the employees recruited during 1970-73 superannuated between 2006-2009 and paid a heavy penalty for late option for pension. Apart from this they received lesser Gratuity amount( received only once in service) and paid higher income tax due to effective date of increased gratuity ceiling being notified as 24.05.2010 by Govt.The Unions coolly passed on the shock to the retired employees without taking any remedial measures. Now they claim that huge number of
    representatives from the Pensioners’ Associations participated in the demonstrations and extended their moral support to the cause of the United Forum of Bank Unions. The Unions have given a title "VETERNS" to these retired oldies. It will be nice for the Unions to undo the damage done to these few people instead of indulging in vain talk. The retired have already joined the "Dead list" or "waiting to die list" in the present dynamic economic scene.

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