Pension issues–personal views and suggestions: (Part 6)



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Having given narratives on different aspects of pension issues in State Bank of India, K R Saini, the author of this running serial, advises as to how the over all scenario on pension issues be summed up in a lucid manner to address a conclusive strategy on sorting out the problem. This Part 6 is the last but one post on the problem and the same is reproduced below. Last one follows as Part 7.

  • krsaini
    Aug 26, 2015 @ 10:15:18 Edit
  • PERSONAL VIEWS/SUGGESTIONS images (2)
    DEAR FRIENDS, I HAVE BEEN WRITING ON PENSION RULES/REGULATIONS AND VARIOUS COURT CASES DECIDED/PENDING IN THE HIGH COURTS FOR THE LAST ONE WEEK STARTING FROM THE 20TH AUGUST,2015. I FEEL THAT IT IS MY DUTY TO ADVISE YOU MY PERSONAL VIEWS/SUGGESTIONS FOR RESOLVING THE PENSION ISSUES IN STATE BANK OF INDIA.
  • AT THE OUTSET LET ME TELL THAT INDIVIDUAL RETIREES CANNOT DO ANYTHING ON THEIR OWN WAY TO RESOLVE A DECADE AND HALF OLD PENDING DEMANDS OF PAYMENT OF PENSION ON THE BASIS OF 7TH BIPARTITE PAY SCALES AND PENSION@50% OF THE AVERAGE 12VMONTHS SALARY AT THE TIME OF RETIREMENT(S). THERE IS NOTHING LIKE ANY SHORTCUT FOR SECURING OUR DEMANDS THAN LONG DRAWN UNITED/CONSISTENT ACTIONS FROM ALL THE RETIREES ORGANISATIONS INCLUSIVE OF PENSIONERS FEDERATION.
    I HAVE IN MY WRITE UP DATED 25TH AUGUST,2015 ALSO MENTIONED ON THIS POINT THAT RETIREES HAVE LEFT NOW WITH ONLY TWO OPTONS (DIRECT DISSCUSSIONS WITH THE GOVERNMENT/BANK WHO CAN SETTLE OUR DEMANDS (b) PROCEED WITH LEGAL ACTIONS TO SECURE OUR RIGHTS. ANY PENSIONERS FEDERATION WILL PREFER THE FIRST PATH TO SORT OUT THE ISSUES . THIS IS THE REASON OUR PENSIONERS FEDERATION MET OUR CHAIRPERSON ON THE 6TH JULY 2015 TO SORT OUT TH ANOMALIES IN PENSION OF S.B.I. PENSIONERS.
    HOWEVER, THERE ARE CERTAIN REALITIES WHICH WE ON OUR PART  SHOULD NOT FORGET.  RETIREES FIGHT IS WITH THE MIGHTY FORCE GOVERNMENT/BANK WHO ARE IN POWER IN OUR COUNTRY AND OUR BANK ACTS IN TUNE WITH ”HIS MASTER’S VOICE I.E. THE GOVERNMENT OF INDIA.
    UNLESS THE POLITICAL MASTERS DECIDE IN OUR FAVOUR NOTHING WILL BE MATERIALISED. BANK RETIREES DO NOT CONSIST OF A BIG VOTE BANK OR A FORCE WHO CAN GO FOR ANY DIRECT ACTIONS LIKE SERVING EMPLOYEES CAN AFFORD TO DO. THEREFORE I SUGGEST THAT ONLY COLLECTIVE EFFORTS OF RETIREES ORGANISATIONS WITH CONTINUOUS FOLLOW UP WITH EXECUTIVES AT M.O.F AND BANK) AT THE HELM OF AFFAIRS WILL ONLY SUCCEED.

    K.R.SAINI

To be continued and concluded as Part 7:

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One thought on “Pension issues–personal views and suggestions: (Part 6)”

  1. ALL THE SBI PENSIONERS HAVE OBSERVED THAT I HAVE EXPRESSED MY PERS ONAL VIEWS AND SUGGESTIONS RECENTLY FOR RESOLVING THE PENSION ISSUES IN S.BI.I DO NOT WANT TO COMMENT MYSELF.IN THE PRESENT SCENARIO,IN MY VIEW WE ARE LEFT WITH ONLY TWO OPTIONS ,WHICH ARE BRIEFLY DISCUSSED BELOW——
    (1) MATTER CAN BE RESOLVED THROUGH DISCUSSIONS BETWEEN G.O.I/BANK AND OUR PENSIONERS FEDERATION.OR
    (2)CONTESTING THE COURT CASE THROUGH LEGAL BATTLE,OF COURSE WHICH IS VERY LONG AND EXPENSIVE PROCEDURE WHICH WE HAVE ALREADYOBSERVED IN THE PAST.IT IS MY EXPERIENCE THAT OUR FEDERATION IS EXCERCISING BOTH THE OPTIONS BUT WE ARE FAR AWAY FROM THE CONCRETE RESULT AS THE G.O.I/BANK HAS MADE IT A LUXERY LITIGATION,,AS A MATTER IS MANUPLATED AS PER DESIRE AND CDONVIENCE OF THE G.OI/BANK AS BOTH ARE LEAST BOTHERED TO REACH AN AMICABLE SETTLEMENT TO RESOLVE THE PENSIONERS SUFFERINGS AS THEY ARE GETTING MEAGRE PENSION FAR FROM 50% OF THEIR ELIGIBILITY.
    I WISH AND PRAY FOR GRAND SUCCESS FOR ALL THE BANK UNIONS THOSE HAVE COME TOGETHR TO FIGHT FOR NOBLECAUSE OF PENSIONERS AND PROPOSE TO HOLD A MEETING ON THE 22ND SEPTEMBER ,2015 AT NEW DELHI TO FORMULATE A JOINT ACTION PLAN.
    K.R.SAINI

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