Stutters of a maniac:



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Yes, men are there and so are the mad men too with an erratic character marked by their rotten conduct manifest on the very surface. Calling them a maniac is too soft an attribute as they are the ones much worse. They have yawning gaps in their brain cells with their screws disabled against any logic or a reason. In fact they are the type more compatible with a disdain from all quarters. Emerge as it did from IBA (Indian Banks Association) channels, there was a controversy a few days back whether or not the retiree pensioners are covered with the label of contractual service. Absurd and utter non-sense as if a period of service ranging from three to four decades committedly rendered by workforce was all a waste not reckonable as a contract. The very observation smacks of an inherent feudalistic approach emitting a bad smell. Supreme Court defines pension as a right and not a sort of any ex-gratia at the mercy of the employers. Such a conduct on the part of the bogey representing IBA was deliberate and not a slip of tongue. In fact they are the ones who have the culture of talking rots. Once in the past when I was on the negotiation table with them questioning them to have disregarded the directions of the Government of India to resume talks on wage revision without delay, one of their representatives remarked ‘Look, the government wanted us to talk to you on wage revision and we are talking to you in compliance to their instructions and since they didn’t tell us to finalize the agreement we are not bound to conclude the talks. This is the type they are possessing a typical way of twisting words to suit their convenience. You must be aware of the shoes hurled on the face of certain biggies both in India and abroad and possibly IBA men are inspiring similar behaviour as from the other side. Hell with them.

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12 thoughts on “Stutters of a maniac:”

  1. Weii said shriNeelkanthji. The IBA is a group of cronies ably assisted by another group of rouges who are trying to decide the destiny of senior citizens of the country by slinging mud on the seniors.Posterity will not forgive them for their nefarious acts and they will reap what they have sown.Life is acycle let them understand’

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  2. I.B.A BY IT SELF HAS NO INDEPENDENT AUTHORITY TO RECOMMEND AND DECIDE ANY ISSUE,AND ACTS AS A MOUTH PIECE OF GOVERNMENT OF INDIA AND IS AN ABSOLUTELY UNWANATE INTERMEDIARY MEANT TO DENY AND DELAY DECICISIONS OF ISSUES AS SAID BY SHRI NEELKANTH JI,AGAINST THE INTEREST OF BANKS AND ITS EMPLOYEES AND RETIREES OF BANKS.IT IS UNFORTUNATE THE GOVERNMENT OF INDIA IS DEPENDING ON THE I.B.A FOR DECISION ON VITAL ISSUES OF RETIREES ALSO WITHOUT INVOLVING THE PENSIONERS/RETIREES ORGANISATIONS.I.B.A ACTS AT THE CALL OF ITS MASTER M.O.F/GOVERNMENT OFINDIA.
    K.R.SAINI

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  3. FRIENDS,IN THE POST DATED 7TH JUNE,2015 TITLED”PENSION ISSUES IN S.BI–A THRESH ON RECENT OCCURRENCES” I HAVE ALREADY SUBMITTED MY COMMENTS ON THE 8TH AND 9TH JUNE 2015 AND WROTE ON THE IRESPONSIBLE STATEMENT OF I.B.A THAT IS”THERE IS NO CONTRACTUAL RELATIONSHIP OF BANKS AND RETIREES” SECOND IRRESPONSIBLE STATEMENT MADE BY I.B.A IS ”I.B.A MAINTAINED THAT ANY DEMAND OF RETIREES CAN BE EXAMINED ONLY AS WELFARE MEASURE”HERE AGAIN SHRI NEELKANTH JI HAS PUBLISHED THIS POST VERY RIGHT..
    INTHIS CONNECTION I MAY ADD THAT PENSION IS NEITHER A BOUNTY NOT A MATTER OF GRACE DEPENDING UPON THE SWEET WILL OF THE EMPLOYER,NOR AN EX-GRATIA PAYMENT.IT IS A PAYMENT FOR THEVPAST SERVICE RENDERED..IT IS A SOCIAL WELFARE MEASURE RENDERING SOCIO-ECONOMIC JUSTICE TO THOSE IN THE HEY-DAY OF THEIR LIFE CEASELESSLY TOILED TO THE EMPLOYER ON AN ASSURANCE THAT IN THEIR OLD AGE THEY WOULD NOT BE LEFT AT LURCH.HERE SHRI NEELKANTH JIPOINTED THAT ALMOST ALL RETIREES HAVE SERVED THE INSTIUTION FOR 35 YEARS TO 40YEARS WHICH COMES TOHALF OF LIFE.PENSION AS RETIREMENT BENEFIT IS CONGERANCE WITH AND FUTHERANCE OFTHE GOALS OFTHE COSTITUTION.IT CREATS A VESTED RIGHT AND IS GOVERNED BY STATUTORY RULES.
    NOW TAKE THE CASE OF 100%D.A NEUTRALIZATIONTO PRE 2002RETIREES AND FROM 1.05 .2005 THOS RETIRED IN THE CURRENCY OF 8TH ,9THBAND 10TH BIPARTITE SETTLEMENT ARE GETTING100% D.A NEUTRALIZATION BUT THE PAST RETIREES BEFORE1.11 2002 ARE NOT GETTING 100% D.A NEUTRALIZATION .DATE OF RETIREMENT CANNOT FORM A VALID CRITERION FOR CLASSIFICATION.M.OF/I.B.A SHOULD RELEASE THE 100% D.A NETORALIZATION TO PER2002 RETIREES IMMEDIATELY W,E,F 1.05.2005.
    K.RBSAINI

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  4. FAMILY PENSION
    WHILE I.B.A IS SYMPATHETIC TO THE ISSUE,THE COST INVOLVED IS SIGNIFACANT AND UNAFFORDED AT THE PRESENT JUNCTURE,I.B.A WILL EXAMINE COST IMPLICATIONS AND SUSTAINABILITY OF EACH BANK,AT A FUTURE DATE.
    HERE AGAIN I.B.A HAS NOT COME OUT WITH FACTS AND FIGURES.FUTURE DATE SHOULD BE CERTAIN AND IT CANNOT BE VAGUE.IMPROVEMENT OF FAMILY PENSION IS IMPLIMENTED IN R.B.I.OURSCHEME AVAILABLE IN R.B.I AND GOVERNMENT.SO THIS NEED NOT BE DISCUSSED,AS IT IS ALREADY SETTLED ISSUE AND IT SHOULD BE IMPLEMENTED FROM THE EFFECTIVE DATE AS THE DATE OF IMPLEMENTATION IN R.B.I.
    K.R.SAINI

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  5. All the 3 comments of yours sumptuously supplement the much needed feedback. I wish the readers take full advantage of it. The literature on pension issue so provided by you well drums the most genuine a cause of pension to the deaf ears of those who are in power and authority My sincere thanks.

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  6. IN RESPONSE TO SHRI NEEL KANTH WRITE UP DATED 10TH JUNE,2015,THE FACT OF THE MATTER IS THAT I.B.A HAS A SET OF UNPROFESSIONAL PEOPLE WITH OLD MINDSET AND NEGATIVE FRAME WORK OF MIND WHO DO NOT KNOW THE DIFFERENCE BETWEEN SUPERANNUATED/RETIREMENT BENEFIT/SOCIAL SECURITY MEASURE AND WELFARE SCHEME AND WORSE OF ALL THEY DO NOT WANT TO SEE THE ISSUES IN A BROADER CONVASS.THEY ARE COSY IN DEALING WITH THESE”RETIRED” NETAS WHO HAVE NEITHER THE TIME TO APPLY THEIR MIND NOR THEY UNDERSTAND THE LAW OF LAND LEAVE ALONE VARIOUS DECISION OF THE COURTS ON THE ISSUES.
    K.R.SAINI

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  7. Jayakrishnan Thota Venkatesaperumal T V
    W.P.No.2353/2014 Mr. Jaipuriar Vs State Bank of India – Delhi High Court – 7th Bipartite retiree
    I was informed that Bank has gone for a review and it is to be heard on 3rd July 2015.

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  8. IN RESPONSE TO JAYAKRISHNAN,IT IS THE FACT THAT BANK IS NOT INTERESTED TO PROVIDE BENEFITS TO 7TH BIPARTITE RETIREES AT ANY COST BECAUSE BANK HAS NOT IMPLEMENTED THE VERDICTS OF VARIOUS HIGH CDOURTS IN FAVOUR OF 7TH BIPARTITE RETIREES I.E MADRAS HIGH COURT ,KERALA HIGH COURT,CALCUTTA HIGH DOURT ,ANDHRA PRADESH HIGH COURT AND NOW DELHI HIGH COURT IN THE YEAR 2008,2010,2012.2014AND 2015 RESPECTIVELLY.THE MAIN REASON FOR THAT GOVERNMENT IS ADAMANT NOT TO PROVIDE ANY BENEFITES TO S.B.I PENSIONERS AND OUR BANK ACTS AT THE DIRECTIONS OFM.O.F/GOVERNMENT OF INDIA
    K.R.SAINI.

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