Wednesday, September 30, 2015


Minutes of the meeting confederation of retirees' organisation  held on 22-09-2015 at New Delhi,   are reproduced below.
The second meeting of our above Confederation was held on 22-09-2015 at New Delhi.
The following Federations of Bank Pensioners and retirees attended this meeting.

1, Federation of State Bank of India Pensioners' Associations

2 .All India Bank Retirees Federation

3. All India Bank Pensioners' & Retirees' Confederation.

4.   Retired Bank Officers National Confederation and

5,   All India ~Retired Bank Employees' Association
The details of the representatives from the above organizations participated at the
above meeting are furnished in the enclosures.

2.     Shri R.N.Banerjee, President, Federation of 5.8.1 Pensioners Associations extended
a warm welcome to the participants. He said that all our issues are well known and
discussed adequately. Meetings with some ministers were also not helpful. The
Government does not respond to our communications and its officials are not even
giving their appointments for our meeting them. We therefore should take a decision
today on our further action to be taken for resolving our important issues.

3.     Shri P.P.S.Murthy, General Secretary, Federation of SBI Pensioners' Associations
briefed the members on the developments since our last meeting. Our last meeting has
evoked great expectations of Bank pensioners and retirees throughout the country. We
cannot therefore delay any longer to finalize our action program for resolving our
pension issues. We should strive together whole heartedly to meet the aspirations of the
Bank pensioners and retirees. We can finalize our action plan taking a lead from the
disclosures made in the Record Note on the proposals under consideration of the 1.8 A.
for resolving our pension issues. The Bipartite Settlements concluded so far have
neglected those retired before the conclusions of the wage settlements Had the same
proportionate employees' costs incurred in 2006 had been incurred by the Banks in the
subsequent years the lot of both employees and pensioners would not have been
brought down to a very inferior position to that of the Government employees and
pensioners. We should mobilize the whole hearted support of the organizations of the
serving bank employees as well to our efforts for resolving our pension issues. We are
well aware of the negative approach of the Government towards bank employees and
pensioners/retirees. Even the efforts of the top managements of the Banks in removing
certain apparent~ discriminations caused to their pensioners could not succeed.
Challenges before us are many. We should therefore proceed further without delay in
finalizing our action plan and in launching its implementation.

3. Shri D.P.Gupta of AIBRF brought to the notice of the members that his Federation
joining this Confederation would depend on the decision of the General Body of his
Federation at its meeting to be held on 26-11-2015. His Federation would not therefore
be a party to the decisions taken at this meeting. Shri RN.Banerjee conveyed to them
that AIBRF is welcome to join this Confederation at any time.

4.Shri S.R Sengupta, General Secretary , A!BPARC conveyed to the participants that
the entire community of Bank pensioners and retirees throughout out the Country are
eagerly awaiting our decision. OROP has got a new dimension but it is not new
issue.IBA has categorically listed our issues. Our issues can for our immediate action. He proposed Shri P.P.S.Murthy, General Secretary of Federation of SB! PAs to be the convener of our Confederation. He suggested the following action program.

i. Massive demonstration at all metro centres excepting at New Delhi during the
first week of October.
ii.     Press conference to be held wherever possible.
iii.    i. Appeal to the P.M signed by as many pensioners as possible before l5th
October to be sent by speed post.
iv.     A massive rally at New Delhi in January 2016,
v. Delegation to !BA by the leaders of our Confederation accompanied by senior
5.    Shri D.P,Gupta , at this stage conveyed that his Federation would not be a party to the decisions taken at this meeting. A request was made to him by Shri P.P.S.Murthy asking him to participate in our discussions stating that the decisions taken at this meeting would be communicated to his Federation for its consideration and implementation, as our unity during this crucial phase of our movement is the need of the hour .Shri D.P.Gupta, however left this meeting along with his colleague

6.    Shri R.KAcharya President of A!RBEA conveyed that all of us should be united and
work for the welfare of the retirees.He concurred with the proposal for nominating Shri
P.P~S.Murthy as the convener of our Confederation.

7,Shri KSukumaran, President of RBNOC conveyed that we do not however have any
power or influence.The convener ship of our Confederation should not be an issue for forging our unity. Anyone having the support of all will be the convener. He stressed on the need for our collective effort for resolving our issues. We should declare our action plan as early as possible.

8.     The participants confirmed the minutes of the last meeting of our Confederation held
on 28-07-2015.The participants unanimously agreed to nominate Shri P.P.S Murthy,
General Secretary of the Federation of SB! Pas as the Convener of our Confederation.
The draft of our memorandum will be revised on the basis of the lead given by the
disclosures made in the Record Note for resolving our pension issues with a focus on
the insignificant increase in the pension on lOth. Bipartite pay scales. We should send
our appeal to IBA and managements of all Banks seeking a meeting with them for
discussions reiterating our contribution to the Banking Industry. There is no need in our
appeal to make a reference to NPAs, A draft of this memorandum will be sent to the
members of our Confederation for their approval.
9.    On the basis of suggestions made by the participants, the following action program
has been finalized.
I.    Immediate formation of State Level/ Region Level Committees at important contras of
Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi and in
other centres. One Representative from each organization as a member of these
committees may be advised to the Confederation.

II  Draft of our appeal to PM to be sent to its members for their approval

III.    In October
i.     Our appeal to P.M to be sent by 7th October. Appeal to P.M to be mailed by speed
post by pensioners and retirees. A Signature campaign may be organized from ?th
October to 3lst October for this purpose.
ii.    . Appeals to be sent to the Finance Minister, Secretary Financial Services seeking their
iii.    . On an agreed date in October, submission of our memorandum to IBA by leading a
delegation of the leaders of our Confederation seeking an opportunity for discussions
with us.
iv.    . Appeals to the managements of all Banks.

iv Appeal to UFBU, AIBOC and other members of UFBU.

In November
v. .Organize meetings of Pensioners/ Retirees at major metro centres and press
conferences, wherever possible
vi.     Demonstration before the selected office of a PSU Bank at metro centres.

In December

vii.    i. Massive Demonstration in New Delhi on Friday the Ilth December.

A request will be made to AIBRF to participate in our above action program. The
participants agreed to hold our next meeting at Kolkata during the first week of
November. The meeting ended with a vote of thanks by Shri P.P.S.Murthy
P.P.Sankaranaryana Murthy


Confederation of Bank Pensioners and Retirees Organizations





  1. more aggressiveness is the need of the hour. Particularly 7th bipartite retirees of sbi may demonstrate immediately in all centres wherever possible with media coverage will yield early results

  2. Priority issue before the confederation is "Single DA formula for all bank pensioners".

    Next is parity of pension rules between bank pensioners & govt. pensioners as mentioned in regulation no 56 of Pension Regulations-1995 , reading as under:-

    56- Residuary provisions.
    In case of doubt, in the matter of application of these regulations, regard may be had to the corresponding provisions of Central Civil Services Rules 1972 or Central Civil Services ( Commutation of Pension) Rules,1981 applicable for Central Government employees with such exceptions and modifications as the bank, with the previous sanction of the Central Government, may from time to time determine.

  3. the movement of retirees need the support of existing serving bank UNIONS,without their commitment nothing will progress--today'retiress are all yerterday's serving employees-- first of allthese unions in the panel of bilateral discussion should understand the plight of retirees and they should come forward to work for the welfare of retirees though not cent percent satisfaction, at least the majority of retirees should reap the benefits.the average life expectancy of the exisiting retirees may not exceed 8 - 10 years.The exposure of the banks would certainly be lesser than the amount written off by the banks in India.,for the cause of existing retirees. All the welfare steps of the present govt depends of the action of the banks only,the issues like uniform DA, updation of pension and one month pension as festivel advance is to be considered w/o OR with interst less than prevailing SB interst rate.

  4. Please try to spread information among pensioners about your program which need mass action. To increase maximum number participate use social media. Many not aware about your efforts you all are making. let us build pressure.