Bank Pensioners Demand Fair Wages
-- CHENNAI: It's been 25 years since the All India Bank Pensioners and Retirees Confederation has been seeking revised pension. Twenty five years later, they still continue to ask for it.
"We have worked in the most inhospitable places, under threat to life. But post-retirement we bank employees who are victims of broken promises, blatant violations of service rules and scant disregard for court verdicts," said K Chandrasekaran, convener of the confederation while addressing the press at the Chennai Press Club on Friday.There are currently over 3 lakh pensioners and 80,000 family pensioners. Chandrasekaran adds that though the former employees have many grievances, their major grouse is Pension. "From the fifth pay commission central government employees have witnessed several progressive changes. We are not seeking any of those improvements made in the pension rules of the central government but are only asking what was agreed in the Pension Settlement of 1993 or incorporated in Pension Regulations of 1995 or interpreted in courts of law," he added.
The members said that they have put forth their usual demands and nothing new. Sopme of their demands were pension updation, 100 per cent DA neutralisation, family pension, pension to those who have completed service and retired after introduction of pensionable service and grievances of SBI pensioners."Bank pensioners were getting protection against inflation by payment of dearness allowance on basic pension. But the protection was not cent per cent as banks followed a tapering DA formula with differential rates of neutralisation for different slabs of pension as was being given in RBI," said SBC Karunakaran, Vice President of the Confederation.
The pensioners also said that they will be holding a protest on December 11, in New Delhi to make their plea heard. "We need the revision now, it's time to put it seriously to the higher authorities," he added. http://www.newindianexpress.com/cities/chennai/Bank-Pensioners-Demand-Fair-Wages/2015/11/09/article3120068.ece
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