Second option of pension was denied to certain categories of retirees like resignees, Compulsory retired employees, VRS optees under banks' regulation etc. Now UFBU has taken up this matter with IBA , requesting IBA to resolve this matter on priority basis. UFBU also felt that,
IBA should have consulted Unions/Associations, before deciding to deny the offer to retirees of certain categories as, these directions do not conform to
the understandings reached on 27.04.2010.
UFBU requested IBA to
review their decision and implement the understandings in right perspective.
Click here to view UFBU letter to IBA
Well, was there any impact of the following :
ReplyDelete1.Some time in March 2011, AIBOC invoked the provisions under clause No.14 of
the Joint Note since IBA did not respond positively to their earlier letters.
2.On 25.7.2011, AIBOC served an ultimatum to IBA to resolve the issue on or
before 10.08.2011, failing which they would be constrained to knock the doors
of the Court.
3.On 23 January 2012 AIBOC addressed a letter to IBA to resolve the residual
issues which included vide Sl.No.2, 2nd Pension option to VRS optees /
resignees & vide Sl.No.3, proper implementation of 2nd Option on Pension
understandings within a time frame, but well before commencement of
negotiations for the 10th Bipartite settlement failing which, they would be forced
to go on a day’s strike during 3rd or 4th week of March, 2012.(March is already
over !)