Thursday, December 20, 2018

Memorandum to Hon PM by CBPRO regarding pensioners' long pending issues

We reproduce below Memorandum to Hon PM by CBPRO regarding pensioners' long pending issues 
Dated: 17.12.2018
Shri Narendra Modiji
Honourable Prime Minister of India
South Block
New Delhi
Honourable Sir,
Sub: Pending issues of Bank Pensioners and Retirees

We on behalf of CBPRO (Coordination of Bank Pensioners and Retirees
Organisation) and AIBRF (All India Bank Retirees Federation) representing the
entire community of Bank Retirees and Pensioners (100%) have been pursuing
with the Government and Ministry of Finance and IBA for resolving the following
long pending issues of Bank Pensioners and Retirees for which we have written to
your goodself on several occasions and submitted detailed memorandum:
1. Pension Updation (Pension Revision);
2. Revision in Family Pension in line with Government and RBI Pensioners;
3. 100% D.A. Neutralisation to pre-2002 retirees;
4. Pension @ 50% of the last drawn Basic Pay to all SBI employees and
5. Removal of anomalies in Fixation of Pension in SBI including Commutation
at par with Industry and reckoning Probationary period of service
for Calculation of Pension;
6. Defined Benefit Pension Scheme to those who are recruited after April
7. Pension to resignees with pensionable service;
8. Full reimbursement of medical insurance premium as extended to serving
9. Reckoning special allowance component of pay for gratuity and pension;

10. Negotiating rights in regard to pensioners and retirees issues with Indian
Banks Association/Government;
11. Implementation of all Supreme Court Judgements for pensioners and
retirees of all Private and Public Sector Banks; and
12. Enhancement of gratuity to Rs. 20 lakhs w.e.f. 01.01.2016 as in the case of
Central Government employees
Since there has been no resolution in sight of our pending issues, the Bank
Pensioners and Retirees are thoroughly disappointed and agitated. Accordingly
our Organisations have decided to hold Dharnas and Demonstrations at all
important centres including State Capitals throughout the country from
01.12.2018 to 15.01.2019 and many centres like Bangalore, Trivandrum,
Ernakulam and Kolkata have already held dharnas. The demonstration
programme also includes a massive Dharna at Jantar Mantar on 08.01.2019
followed by a march to Parliament in the afternoon on the same day. We also
wish to submit a detailed memorandum to your goodself again on the same day.
We as Senior and Super Senior Citizens having served the country for several
decades shall be grateful if suitable arrangements are made receiving our
memorandum around 02.30 p.m. at Parliament House or at your office.
It is reiterated that all our financial demands are not only legitimate but also can
be met out of the statutory funds created for the respective purposes including
contributions by us by way of surrendering Provident Fund. It is also pertinent to
bring to your kind notice that Pension Funds of all the Banks put together
aggregates to more than Rs. 3 lakh crores and annual disbursements towards
pension and family pension are not even 40% of the annual yield and
contributions to the fund. It is thus clear that resolution of our demands will not
cause any extra burden on the Balance Sheets of the Banks. Unfortunately Indian
Banks Association and other vested interest groups are thoroughly misleading the
Government about cost implications and denying us of our dues in violations of
Pension Regulation 35(1) which clearly provides for Updation of Basic Pension and
Additional Pension. In utter disregard to the National Litigation Policy of the
Government, the Senior Citizens and Super Senior Citizens are being driven to
seek judicial recourse at a heavy cost in terms of time and money in the evening
of their life.
Honourable Sir, we are confident that with your goodself at the helm of affairs of
the Government, the Senior Citizens and Super Senior Citizens who have
wholeheartedly contributed for the economic growth and social upliftment of the
people of the country by implementing all the schemes, programmes and policies
of the Government during last five decades, including Financial Inclusion, PMJDY,
Mudra, Skill India, Start Up India, Make in India, Demonetisation and other
programmes, shall get justice at your hands.
With regards,
Yours faithfully,
(A.Ramesh Babu) (K.V. Acharya)                   (S.C. Jain)
       Joint Conveners, CBPRO                  General Secretary, AIBRF


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