Monday, March 14, 2016

Conveners of CBPRO write to IBA regarding pensioners' issues

We reproduce below letter written to IBA by conveners of CBPRO on 10th March 2016
 Shri M.V. Tanksale,

 Respected sir, 
                                 Sub : Bank Pensioners issues.

                                  We refer to our memorandum dated 10.02.2016 regarding the Bank Pensioners & Retirees issues which we submitted to your Good selves in a delegation of CBPRO at IBA Office in Mumbai.
                               We are extremely thankful to you for the concern you have shown in respect of the long pending grievances of Bank Retirees community. During the course of discussion, we were informed of the exercise undertaken by the Indian Banks’ Association in the collection of the data and information from the Member Banks mainly in respect of the following three issues.

1. Pension Updation,
2. Uniform DA to pre-2002 Retirees.
3. Improvement in Family Pension.

                              We have already explained about the importance of the above issues in our memorandum. The same were also very important to all the Bank Pensioners and Retirees and hence it requires a very urgent and considerate attention from your end.
The IBA must have already collected the required data and information by now. The huge funds which is already available in the Pension Corpus is also another important factor in meeting the aspirations and expectations of the Bank Pensioners and Retirees.
Hence we request your good self to grant the expected relief to the Bank Pensioners and Retirees at the earliest. We expect a favourable and heartening news from the IBA in respect of the above issues and other issues mentioned in our memorandum very soon.

 Thanking you,
 ( A. Ramesh Babu) (K.V.Acharya)
               Joint Convener


  1. Sir
    I resigned from the bank after putting more than 22 years of service. At the time resignation there was not option for pension. But, I understand there was another chance given to employees to opt for pension. Since I have put in more than 20 years of service, if I return back my PF amount, will be eligible for pension. If so what is the procedure. My mail id is

  2. pl contact your bak's pension paying autorities/head office

  3. Communication dated March 10, 2016 by Mr.A. Ramesh Babu and Mr.K.V. Acharya to the Chairman, IBA, only seeks to maximize
    gains for the retirees already drawing pensions. Totally
    sidetracks/overlooks those banking brothern, who had resigned
    and put in more than 20 years of service. NOTHING!!!