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Ads by Google We have been taking up various issues relating to bankers at our website. We also receive letters / emails from our readers who are well connected and have taken up the issues vigorously and trying their best to resolve the issues created by IBA. However, due to the strong lobby of IBA and hand in glove attitude of union leaders, things are not moving swiftly. IBA, GOI and union leaders only move when they are afraid of contempt of the Courts. The recent judgments of various courts has time and again bashed IBA / GoI. However, they have not learnt the desired lessons as till date Courts have failed to punish even one officer for wrong interpretation or non implementation of the agreements in the true spirit.
Recently we published a letter from Mr R K Singhal, which contained quite a few burning issues. Now we have received a letter from Mr GK Khurana, who has also taken up the issue, but things are yet to move in the right direction. It is shocking that senior public servants are neither ready to give 10 minutes for meeting nor they respond in writing to the questions raised by the bankers. In such a situation, what should bankers do ? They are left with no course but to either approach through RTI or file a case in a Court. We on our part are doing our duty by highlighting the apathy of the officials for the problems of the bankers. We publish here some responses in respect of the letter we published recently.
Dear Shri Singhal,
This decision was based on the MOU dated 27.11.2009 signed by IBA and
AIBOC besides other associations on behalf of Bank Officers and it was
incorporated in the Joint Note dated 27.04.10 duly signed by the two parties As
per the Joint Note dated 27.04.10 inter-alia, it was clear that the 2nd option
was to be extended to all those officers who were in the service of the Banks
prior to 29.09.1995 in case of Nationalised Banks/26.03.1996 in case of
Associate Banks of SBI and did not opt for Pension and retired after that date.
While conveying the above decision of the Government, IBA vide its circular
letter dated 10.08.2010 addressed to all Banks twisted the very essence of the
FM`s decision as far as retired officers were concerned. IBA, without the
mandate of the Govt., advised Banks to allow 2nd option to officers who retired
on superannuation or to those who opted VRS under one -time special VRS
announced by the Govt. in the year 2000 only. Thus, IBA of its own, without the
consent of the Govt. denied 2nd option to those officers who retired under
normal VRS Schemes of individual Banks as already provided under OSR,1979 .IBA
openly discriminated between two sets of VRS optees which is arbitrary ,illegal
and gross violation of the OSR,1979 as well as Bank Employees` Pension
Regulations,1995. By wrong interpretation of Joint Note dated 27.04.10, IBA has
deliberately denied 2nd option to even those officers who after rendering more
than 25-30 yrs of service took VRS under OSR of Banks and on the contrary
allowed 2nd option to officers who were having service of only 15 yrs & took VRS
under Sp. VRS Scheme which seems quite unjustified. Ads by Google In this context, the undersigned sent a Petition dated 1st November,2011 to top political bosses and the Secretary, Department of Financial Services (DFS),Ministry of Finance (download the full letter dated 1st November, 2011) stating the facts of the case with a request to look into the matter and get it resolved at the earliest. Though I received a letter dt.25.11.11 from PMO (download the copy of the letter from PM Office forwarding the letter) informing that my petition has been sent to MOF for appropriate action but unfortunately the matter still stands unresolved despite a lapse of about 2yrs. A copy each of my Petition dt 01.11.11, PMO`s letter dt 25.11.11 and letter dt. 07.02.12 addressed to Shri D K Mittal, Secy., DFS,MOF is enclosed (download copy of the letter sent to Mr Mittal for seeking 10 minutes time) as attachments for your information. Recently, in response to a query under RTI Act by Shri S. Ramachandran, Ex-GM,Bank of Baroda ,RBI and Department of Financial Services, MOF have confirmed that there was no communication from the Govt. to IBA to deny 2nd option to officers who voluntary retired under OSR,1979.A copy each of the communications received by Shri Ramachandran from RBI & MOF is being mailed separately for your information. Now, when it is confirmed by MOF/RBI that they have not advised IBA to deny 2nd option to such VRS optees under OSR, the big question arises under whose dictate IBA has created this farce and why Govt. is keeping rock silence on the matter for the last 2 yrs and not slammed IBA so far.
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