Friday, March 25, 2016

Letter by Shri R.K. Pathak ( President Resigned Bank Employees Welfare Aassociation) to GS/President ,AIBPARC is reproduced below.
Quote

Dear Sir/s,
You are well aware of our [RBEWA] efforts for justice to resignees for second pension option through Judiciary. You have also been giving patience hearing to my presentation in the Meeting dated 14/03/2016 at Hyderabad.
It is reliably understood that " IBA has gathered information regarding the number of Resignees and others , it is about 5000.It is done to assess the cost."
The information is gathered from the Bank of Resignees [ Non Pension Optees] completed 20 years of service and CRS employees.
In view of the Banks loosing cases against Resignees & CRS employees, IBA may soften their stand & issue is expected to be resolved soon but IBA may play game to give Pension prospectively.
In view of the above probability, RBEWA plans to Intensify its effort in SC by tagging the issues of Bank Resignees to Larger Bench & could succeed in the direction on 08/03/2016. [ Copy Attached]
I have already explained about litigation cost in SC and requested you to provide the list of Resignees of your Bank.
Although there are 4000-5000 Resignees , but only 400- 500 Resignees are our members in legal battle & still 90% are either ignorant of our activity or not allowed to join us.
As IBA has gathered information from Banks, it is certainly available at their HO and with your good office & liaison, you can definitely get it for us & WE expect your support in the matter.
HOPE YOU WILL HELP US IN THE MATTER.
Thanks & Regards


Pathak R K
9373053695
Unquote
 

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
Quote
To
 Shri M.V. Tanksale,
CEO, IBA,
Mumbai.

 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,
Sd/-
 ( A. Ramesh Babu) (K.V.Acharya)
               Joint Convener
 Unquote

Tuesday, February 9, 2016

AIBOC writes letter to IBA regarding domiciliary expenses under new scheme of hospitalisation expenses

AIBOC has addressed a letter to Chairman,IBA on sorting out the pending reimbursements on domiciliary treatment of retirees within a time frame.
Text of the letter is reproduced below.
Quote
Letter No. 2016/12                                      Date: 04/02/2016
The Chairman,
Indian Banks’ Association,
Mumbai.
Respected Sir,
NEW SCHEME OF REIMBURSEMENT OF HOSPITALISATION EXPENSES
This has reference to the discussions held with you on 03/02/2016 on residual and other issues raised by us before the Dy. CLC(C) on 08/12/2015. During the discussions on the New Scheme of Reimbursement of Hospitalisation Expenses – with specific reference to the reimbursement of the expenses on domiciliary treatment to retired officers - you had categorically stated that IBA was committed to the initial agreement and discussions and United India Insurance Co. Ltd. (UIICL) should honour such claims from retired officers. We were also informed that the last date for enrolling into the Hospitalisation Scheme for the retirees stood extended up to 31/03/2016.
To our utter surprise and dismay, we understand, UIICL has unilaterally written to bank managements on its unwillingness to entertain the claims on domiciliary treatments. Further, the retired officers have been given time up to 20/02/2016 to withdraw from the Scheme without any deduction/cut in the premium remitted (whereafter charges will be levied for withdrawal).
This act of UIICL does not augur well with the Bipartite and Tripartite understandings and is simply high-handedness. Furthermore, it is highly objectionable for UIICL to write directly to the bank managements without discussions with IBA. This letter has created a lot of commotion and restlessness among the retirees creating avoidable confusion and foul cry. This also leads to the apprehensions we expressed during discussions on the scheme during Xth Bipartite Settlement.
In this background you are requested to immediately direct UIICL:
a. To retrace their steps and honour the initial agreement.
b. To restrain from future such acts without discussions with IBA.
c. To dispose all the pending reimbursements on domiciliary treatment of retirees within a definite time frame – not later than 29/02/2016.
A line in acknowledgement is appreciated.
Thanking you,
Yours faithfully,
(HARVINDER SINGH)
GENERAL SECRETARY
Unquote
Source: AIBOC Website
 

Saturday, February 6, 2016

Discussions held between IBA and AIBOC regarding residual issues of the 10th Bipartite Settlement

Discussions were held between IBA and AIBOC regarding residual issues of the 10th Bipartite Settlement and other issues raised before Dy CLC(C) on 08.12.2016.  AIBOC has issued circular regarding the meeting with IBA. The relevant paras to the retirees are repoduced below.
Quote
Issues covered in the Record Note on pension : We informed IBA that our demand with regard to Pension Scheme include three issues viz. (a) 100% neutralization of DA to all pre-November, 2002 retirees (b) revision in the rates of family pension (c) Upgradation of pension and demanded that IBA need to take early steps to settle those issues. IBA informed that as informed earlier they are in the process of calculation of cost by the Actuaries and they have called for certain data from all the Banks. They further informed that they have received the said data from most of the banks and that once the data is received from the remaining banks, they would calculate the additional cost and will have a view on the issues.
IBA’s Medical Insurance Scheme : We brought to the notice of the IBA that the retirees are yet to be extended the reimbursement of domiciliary treatment expenses as agreed in the 10th bipartite settlement and again in the conciliation meeting held on 08.12.2015. We also brought to their notice various types of complaints received from the retirees with regard to the cashless hospitalization facility and delayed/non-settlement of hospitalization claims by the TPAs / Insurance Company. IBA informed that they are committed to provide domiciliary treatment facility under their Insurance Scheme to the retirees and that for this purpose they had a meeting with the Insurance Company on 15.01.2016, wherein, they have made it clear to the Insurance Company that they have to extend the domiciliary treatment facility to the retirees. They further informed us that the Insurance Company has agreed to extend the deadline for retirees to opt for their Insurance Scheme upto 31.03.2016. As regards complaints of the members against the Insurance Scheme and TPAs regarding cashless hospitalization facility and settlement of hospitalization/ domiciliary treatment expenses, they have advised to submit the list of such cases to them to take up with the Insurance Company. 
Unquote
Source : AIBOC website

Saturday, January 30, 2016

DA payable to retirees from the month of Feb 2016 to July 2016 - 62 slabs increase



DEARNESS RELIEF PAYABLE TO PENSIONERS FOR FEB'16 TO JULY,2016
Average Index
6147

Increase
62
Slabs
Dearness Relief to Pensioners who retired on or after 1st Day of January,1986
but before 1st Day of November,1992/ 1st July 1993.







Index

Basic Pension:



1386
Over 600
Up to 1250
1251 to 2000
2001 to 2130
Above 2130



928.62
762.3
457.38
235.62
%









Dearness Relief to Pensioners who retired on or after 1st Day of November,
1992/ 1st July 1993.












Up to 2400
2401 to 3850
3851 to 4100
Above 4100

1249
over 1148
437.15
362.21
212.33
112.41
%


Dearness Relief to Pensioners who retired on or after 1st April,1998.
Upto 3550
3551 to 5650
5651 to 6010
Above 6010

1115
Over 1684
267.6
223
133.8
66.9
%









Dearness Relief to Pensioners who retired on or after 1st November ,2002.



173.52
%
964
Over 2288







Dearness Relief to Pensioners who retired on or after 1st November,2007



124.05
%
827
Over 2836







Dearness relief to Pensioners who retired on or after 1st November,2012.



42.6
%
426
Over 4440











D.A calculator is available for calculating revised D.A. and difference. For calculating D.A , enter basic ( original basic without reducing commutation amount) and click on the calculate button. Revised D.A , Present D.A. and difference will be displayed on the calculator. Select appropriate retirement date range according to the date of retirement.

 
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