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Quarterly News Bulletin of I.O.B. Retirees' AssociationQuarterly News Bulletin of I.O.B. Retirees' AssociationQuarterly News Bulletin of I.O.B. Retirees' Association

The VeteranThe VeteranThe VeteranThe VeteranThe VeteranThe Veteran

Volume : 4 July 2016 Issue : 4

(Registered under Trade Unions' Act-Registration No.476/KPM)(Registered under Trade Unions' Act-Registration No.476/KPM)(Registered under Trade Unions' Act-Registration No.476/KPM)

CONTENTS

AFTER THE PARLIAMENTARY COMMITTEE MEETING

We had already advised you that during the course of the meeting, the Chairman of the Parliamentary

Committee had directed IBA to discuss all the issues raised by us in the immediately following Management

Committee of IBA and to have discussion with us on the grievances with a view to resolve them and submit a threport to him within two months (from 8 February 2016)

1.As a follow-up measure, we sought an appointment with Shri. Mohan.V. Tanksale Chief Executive Ofcer, Indian

Banks' Association, Mumbai, vide our letter IOBRA/IBA CEO/ 01/2016 dated 4 March 2016. The letter reads as follows

“I invite your reference to our meeting during the meeting of the Parliamentary Standing Committee on

Personnel, Public Grievances, Law and Justice at New Delhi on 8th February 2016 to discuss various

grievances raised by us in our letter dated 11th January 2016.

Aim ; Struggle ; Achieve; Move forward

S L P in Supreme CourtWe wish to inform members that the SLP 8424/13 led by Com.C.R. Chandra sekaran

in the matter of 100%D.R. neutralization wherein I.O.B. Retirees'Association hasthimpleaded itself as a party was taken up on 29 June 2016.Final hearing has

been xed in January 2017 Order published in this issue elsewhere

th6 Central Committee Meetingth thThe 6 meeting of the Central Committee will be held at Chennai on Saturday 30 July 2016.The

agenda of the meeting includes Discussion on Parliamentary Committee meeting and follow up action; Discussion on SLP in the Supreme Court of India and discussion on Relationship with AIBRF

THE PIONEER II

1. THE PIONEER II

2. Fullling our commitment

3. PRESENTATION

4. Pension to Part time employees

5. AIBRF and Parliamentary Committee

6. MATTERS TAKEN UP WITH THE BANK:Pending issues of IOB Retirees

7. Hospitalisation Scheme: Reimbursement of Domiciliary Treatment Bills

8. IOBREMAS and New Hospitalisation Scheme

9. Legal Corner

10. Regional Councils

11. A Note from our Joint General Secretary

12. Personal, Obituary

IOBRA Touching lives spreading love

The Chairman had advised you to have discussion

with us on the grievances with a view to resolve the

grievances and submit your report to him within two

months.

I will be obliged to you if you can give us an

appointment at the earliest so that we can have

a preliminary discussion and work out

modalities for the discussion.

I would like to assure you that we will be extending

our full co-operation to you for completing the

exercise within the stipulated time frame. Kindly

advise us at the earliest.

2.A reminder was sent to Shri. Mohan.V.Tanksale

Chief Executive Ofcer, Indian Banks' Association,

Mumbai, vide our letter IOBRA/IBA CEO/ 02/2016

dated 16 March 2016. The letter reads as follows

Parliamentary Standing Committee on

Personnel, Public Grievances, Law and Justice

meeting held on 8th February 2016 at New

Delhith Inviting reference to our earlier letter of 4

March 2016,we observed

“ We observe that you are not undertaking any

serious efforts to solve the problems/grievances

raised by us in our above mentioned letter. This

casual approach and attitude towards

parliamentary Committees' directives and lack

of respect to the authority of the Committee

might not be taken lightly by the Committee

and viewed as something against the

Parliamentary Privileges. As an experienced

banker We are sure that you would not like to expose

to such a risk and embarrassment. Therefore, we

request you to immediately set in motion necessary

steps to conform to the directives of the

Parliamentary Committee and resolve all the issues thbefore 8 April by giving us a convenient date for

discussion with us.

We are forwarding copy of this letter to

Chairman of the the Parliamentary Standing

Committee on Personnel, Public Grievances,

Law and Justice, for information and necessary

action

3.IBA sent their reply dated 06-04-2016 We

unde r s tand tha t IBA has sen t i den t i c a l

communication to AIBRF as well as All India Retired

Bank Employees Federation Pune on the same date.

In the last issue of The Veteran we had reported

about our Disaster relief project in Cuddalore. We

are distributed materials like Books, Note books,

Library books, Dictionaries. Uniforms, Tables,

Chairs, Computers, Water Treatment purier for

Providing drinking water low tables for activity

based learning to the students of the following ndschools on 22 July 2016 in the respective schools.

Our Central Unit Ofce-bearers Sri.AL.

Chandramouli President, Sri.M.Pethachie and

Sri.J.Balasubramaniam, Senior Vice-Presidents,

Sri.S.Radhakrishnan, Sri.N.Vijayaraghavan and

Sri.M.Radhakrishnan Vice-Presidents Dr.B.Ramji

General Secretary, Sri.S.Jagannathan and

Sri.G.Balachandran, Joint General Secretaries

Sri.K.S.Krishnamurthy, Sri.C.Soundararajan,

SriK.Venkataramanan, Sri.S.Gunalan and Sri,R

venkatesan Deputy General Secretaries and

Sri.R.Sivakumar Asst.Treasurer participated in the

functions

1. Panchayat union Middle school,

Visoor Panruti tk

2. Adidravidar Middle school ,

Chellankuppam Cuddalore

3. Adi dravider Elementary school ,

Dhanam nagar Cuddalore

4. Adi dravider Elementary school

Kondur

5. Panchayat Elementary school,

Vellakarai colony near Cuddalore

6. Adidravider Elementary School,

Ramapuram colony near cuddalore

Entire work of arranging the materials and co-

ordination work with all the schools has been done

by Com. Sri.M.Maruthavanan our member and

Sri.Purushothaman a local social worker and

President of Federation of Cuddalore Residents'

welfare Associations.We thank them.

We are also happy that Com.M.Maruthavanan

has been selected for and conferred the

Prestigious DR.B.C.Roy award for social work

during Disaster instituted by Indian Medical

Associat ion. Congratulat ions Com.

Maruthavanan

Fullling our Commitment

2

3 IOBRA Touching lives spreading love

employees periodically, say once in six months, vide

our letter no. CIR/HR&IR/G5/2015-16/2263 dated

the 9th March, 2016.

4.IBA sent a copy of their communication to member

banks dated 09-03-2016 regarding functioning of

Grievance Cell in banks

No. CIR/HR&IR/G5/2015-16/2263

March 9, 2016

Chief Executives of all Member Banks

Dear Sir,

Setting up of Grievance Cell at Bank level to

redress the grievances of retired employees

We refer to our Circular No.HR&IR/G5/2008-09/3059

dated 30.3.2009 (copy enclosed for your ready

reference) advising the decision of the Managing

Committee of IBA regarding setting up of a Grievance

Cell at the Corporate/Head Ofce of the member banks

to look into the grievances of retired employees and

consider holding discussions with the representatives of

the Association(s) of retired employees periodically, say

once in 6 months, so that grievances, if any, can be

settled across the table.

We hope that banks have already set up such

grievance cell and, are holding periodical meetings

with the retirees' association(s). We shall be glad, if

you could kindly arrange to provide the following

details, latest by 17th March, 2016:

1. Name(s) of the Retirees Association/Federation, if

any, with whom Bank is holding meetings on their

grievances

2. Number of meetings held during the last two years.

It is evident that our pointed reference to IBA not

communicating with Retirees Organisations in the

Parliamentary Committee meeting had its own thimpact and they started corresponding on 7 April

2016 just one day before the two month deadline set thby the committee for IBA was to expire on 8 April

2016. Our complaint about non functioning /non-

establishment of Grievance cell before the committee

has resulted in the IBA communication dated 09-03-

2016

5.Our Reply IOBRA/IBA/ CEO/ 03/2016 was sent to I.B.A

on 07-04-2016. The letter reads as follows




Delhi

We acknow l edge r e ce i p t o f you r l e t t e r thNo.HR&IR/KU/G5/30 dated 6 April 2016 referring to

No.HR&IR/KU/G5/30

April 6, 2016

Dr.B.Ramji,

General Secretary

I.O.B. Retirees' Association

2, First Cross Street, Jaya Nagar,

Tambaram Sanatorium, Chennai - 600047

Dear Sir,



meeting held on 8th February, 2016 at New

Delhi

We acknowledge receipt of your letter No. IOBRA/IBA

CEO/02/2016 dated the 16th March, 2016.

2. In this connection, as you are well aware that IBA is

an independent and voluntary organization which

provides advisory services to its member banks as

and when asked for by these banks. It holds

discussions/negotiations with apex level Workmen

Unions/Ofcers' Associations of Banks on behalf of

member banks on the basis of specic mandate given

by these banks in this regard.

3. As regards main issues raised by various retirees

federations including your Association viz. 100%

Dearness relief to pre-2002 retirees w.e.f 1-5-

2005,improvement in family pension, updation of

basic pension, pension option to all left over retirees

including compulsorily retired employees and

resignees etc., we are in process of collecting the

latest data/information from all Public Sector Banks

as suggested by the actuary to assess the cost factor

and affordability of the Banks and also provision

requirement as per AS-15(R) in this regard. On

compilation of data/information received from the

banks and after assessing the cost factor as well as

provisioning requirement as per actuarial calculation,

the same will be put up to the Managing Committee of

IBA for deliberation and further course of action.

4. We may further add that the IBA has already issued

the advisory to all Public Sector Banks vide its Circular

No. CIR/HR&IR/G5/2008-09 dated the 30th March,

2009 to evolve a mechanism at the corporate level for

redressal of the grievances of retirees, so that the

same can be discussed and settled across the table by

the representatives of the Retirees Federations/

Associations with individual bank. We again have

advised all PSBs regarding setting up of a Grievance

Cell at the Corporate/Head Ofce of the member

banks to look into the grievances of retired employees

and consider holding discussions with the

representatives of the Association(s) of retired


our letter IOBRA/IBA/CEO/02/2016 dated16th March

2016.

We are constrained to observe that the points raised thby us in our letter dated 11 January 2016 addressed

to the Chairman of the Parliamentary Standing


Law and Justice which were discussed in the thmeeting on 8 February 2016 have not at all been

dealt with in your above referred letter. thFurther, we had also advised you in our 16 March 16,

letter as follows: “ The Chairman had directed you to

discuss all the issues raised by us in the immediately

following Management Committee of IBA and to have

discussion with us on the grievances with a view to

resolve them and submit your report to him within

two months. The deadline set by The Chairman will be thover on 8 April 2016”

This was followed by our observation that you are not

undertaking any serious efforts to solve the

problems/grievances raised by us in our above

mentioned letter.

Therefore we still feel that This casual approach

a n d a t t i t u d e t o w a r d s p a r l i a m e n t a r y

Committees' directives and lack of respect to

the authority of the Committee might not be

taken lightly by the Committee and viewed as

something against the Parliamentary

Privileges

Therefore, we request you to immediately set in

motion necessary steps to conform to the directives of

the Parliamentary Committee and resolve all the

issues in time by giving us a convenient date for

discussion with us. We are forwarding copy of this

letter also to Chairman of the the Parliamentary

Standing Committee on Personnel, Public

Grievances, Law and Justice, for information

and necessary action

6.Simultaneously we have been following up the

matter with Ministry of Pension and Public grievances

New Delhi. They conducted an inter departmental

Follow up meeting and the minutes were sent to us.

The minutes reads as follows

No. 12/3/2016-P&PW(Coord)

Government of India

Ministry of Personnel, P.G. and Pensions

Department of Pension & Pensioners' Welfare

***

3rd Floor, Lok Nayak Bhavan, Khan Market,

New Delhi, dated the 7th April, 2016

OFFICE MEMORANDUM

Subject: Minutes of the meeting held under the

chairmanship of Secretary (ARPG & Pensions) on

29th March, 2016 relating to the Grievances of IOB

and Northern India Glass Manufacturer to the

Parliamentary Standing Committee on Personnel,

Public Grievances, Law and Justice.

The undersigned is directed to enclose herewith minutes of

the meeting held under the chairmanship of Secretary (ARPG

& Pensions) on 29th March, 2016 relating to the Grievances of

IOB and Northern India Glass Manufacturer to the

Parliamentary Standing Committee on Personnel, Public

Grievances, Law and Justice. It is requested that the action

taken on the minutes may be furnished this Department by

25.04.2016 for further submission to Parliamentary Standing

Committee.

(Seema Gupta

Deputy Secretary to the Government of India

e-mail: [email protected]

Ph.24624802

1. The Secretary,

D/o Financial Services,

Jeevan Deep Building, New Delhi.

2. The Secretary,

Ministry of Petroleum & Natural Gas,

A-Wing, Shastri Bhawan, New Delhi.

3. The Secretary,

D/o of Industrial Policy and Promotion,

Udyog Bhawan, New Delhi.

4. The Secretary,

Ministry of Environment and Forest,

Prayavaran Bhawan, New Delhi.

5. The Joint Secretary,

(Ms. Smita Kumar),

D/o ARPG, Sardar Patel Bhawan,

New Delhi- with the request to follow up and take further necessary action in the matter of Northern Glass Manufacturing Associations.

6. Shri K.K. Sharma, President, Northern Glass Manufacturing Associations, NIGMA, 14, RIICO I n d u s t r i a l A r e a , N e e m r a n a - 3 0 1 7 0 5 ([email protected])

7. Shri Atul Gautam, Sr. Advisor, Delhi Chapter, Indian

Banks Association ([email protected])

8. Dr. B. Ramji, Vice-President, All India Bank Retirees'

Federation, C/o I.O.B. Retirees' Association, #2, First

Cross Street, Jaya Nagar, Tambaram, Chennai-

600047. ([email protected])

Minutes of the meeting held under the chairmanship of

Secretary (ARPG & Pensions) on 29th March, 2016 relating to

the Grievances of IOB and Northern India Glass Manufacturer


to the Parliamentary Standing Committee on Personnel,

Public Grievances, Law and Justice

On 8th February, 2016 Chairman, Parliamentary Standing

Committee after discussion on the issue grievances of IOB

and Northern Glass Manufacturer Association desired that

Indian Banking Association should call a meeting of IOB Bank

Retirees for settlement of their grievances and in case of

Northern India Glass Manufacturers issue, Secretary (ARPG &

Pensions) will hold a meeting with concerned department to

resolve the grievances.

2. Accordingly, a meeting was called under the

chairmanship of Secretary (ARPG & Pensions) on

29/ 3/ 2016 at Sardar Patel Bhawan in which following

decision has been communicated to the parties:

i) IBA will call a meeting before 15.04.2016 in which

representative of DFS will also be present to

resolve the issue raised by JOB.

ii) Northern Glass Manufacturing Association raised

the grievance that discriminating policy of pricing

of gas in TTJ compared to the market rate being

charged to the rest of India may not be

encouraged and they shall also be given gas on

the price as provided to TTJ area. On this issue

Secretary desired that a meeting may be kindly

considered to be convened by Additional

Secretary level in the Department of Petroleum

and Natural Gas along with representative of

Department of Industrial Policy and Promotion to

give nal recommendation for perusal of the

Hon'ble Parliamentary Committee. This may be

done by 20.04.2016.

7.We followed up with IBA vide our letter No IOBRA/IBA/

CEO/ 03/2016 dated 7 April 2016. The letter reads as

follows




Delhi

We a cknow l edge r e ce i p t o f you r l e t t e r thNo.HR&IR/KU/G5/30 dated 6 April 2016 referring to

our letter IOBRA/IBA/CEO/02/2016 dated16th March

2016.

We are constrained to observe that the points raised thby us in our letter dated 11 January 2016 addressed

to the Chairman of the Parliamentary Standing


Law and Justice which were discussed in the thmeeting on 8 February 2016 have not at all been

dealt with in your above referred letter. thFurther, we had also advised you in our 16 March 16,

letter as follows: “ The Chairman had directed you to

discuss all the issues raised by us in the immediately

following Management Committee of IBA and to

have discussion with us on the grievances with a view

to resolve them and submit your report to him within

two months. The deadline set by The Chairman will thbe over on 8 April 2016”

This was followed by our observation that you are not

undertaking any serious efforts to solve the

problems/grievances raised by us in our above

mentioned letter.

Therefore we still feel that This casual approach

and a t t i tude towards par l i amentary

Committees' directives and lack of respect to

the authority of the Committee might not be

taken lightly by the Committee and viewed as

something against the Parliamentary

Privileges

Therefore, we request you to immediately set in

motion necessary steps to conform to the directives

of the Parliamentary Committee and resolve all the

issues in time by giving us a convenient date for

discussion with us. We are forwarding copy of this

letter also to Chairman of the the Parliamentary

Standing Committee on Personnel, Public

Grievances, Law and Justice, for information

and necessary action

7.The Chairman of Parliamentary committee

followed up the matter with IBA who replied vide their

letter dated 13 th April 2016.

No.HR&IR/ICSC/GOVT/85/63

April 13, 2016

Respected Shri Natchiappan.

Parliamentary Standing Committee on Personnel,

Public Grievances, Law and Justice meeting held on

8th February, 2016 at New Delhi This has reference to

your letter dated the 24th February, 2016 with regard

to the petition from Union Bank Retired Staff

Association, Tamil Nadu, forwarded to you by Shri

V.Hanumantha Rao, M.P., Rajya Sabha. In this

context, we submit that the Indian Banks'

Association is an independent and voluntary

organisation which provides advisory services to its

member banks as and when asked for by these

banks. It holds discussions/negotiations with apex

level Workmen Unions/Ofcers' Associations of

Banks on behalf of member banks on the basis of

specic mandate given by these banks in this regard.

Accordingly, the matter regarding holding the

discussions with the Retirees' Associations on the

issues raised in the representation submitted to you

by them was put up to the Managing Committee of

IBA in its meeting held on 2-3-2016. The Committee

deliberated at length on the issues and felt that in the

absence of a Mandate from the member banks, it


would not be appropr iate for the IBA to

negotiate/discuss with the Retirees Associations.

There are number of Retirees Associations and there

is no set prescribed procedure to verify their majority

status/membership details. As such, it is difcult to

ascenain whom to discuss with. The committee

however decided to reiterate the 2009 circular and

impress on member banks to activate Grievance

Redressal Forum for Retirees at respective Banks.

Further with regard to industry wide issues, the

committee advised IBA to calculate nancial

implications to decide on the line of action.

2. Accordingly, as regards main issues raised by

various Retirees' Associations viz. 100% Dearness

Relief to pre-2002 Retirees, improvement in family

pension, updation of basic pension, pension option to

all left over retirees including compulsorily retired

employees and resignees etc., IBA is in process of

collecting the latest data/information from all Public

Sector Banks as suggested by the actuary to assess

the cost factor and affordability of the Banks and also

provision requirement as per AS-15(R) in this regard.

On compilation of data/information received from the

banks and after assessing the cost factor as well as

provisioning requirement as per actuarial calculation,

the same will be put up to the Managing Committee of

IBA for deliberation and further course of action.

3. In this connection, we may further add that the IBA

has already issued the advisory to ail Public Sector

Banks vide its Circular No. CIR/HR&IR/2008-09 dated

the 30th March, 2009 to evolve a mechanism at the

corporate level for redressal of the grievances of

retirees, so that the same can be discussed and

settled across the table by the representatives of the

Retirees Federations/ Associations with individual

bank. IBA has again advised all PSBs regarding

setting up of a Grievance cell at the corporate/ Head

Ofce of the member banks to look into the

grievances of retired employees and consider holding

discussions with the representatives of the

Association(s) of retired employees periodically, say

once i n s i x mon ths , v i de ou r l e t t e r no

C1R/HE&IR/G5/2015-16/2263 dated the 9th March,

2016.

With regards,

Yours sincerely,

Ashwin Kumar

We wrote our letter No IOBRA/IBA/ CEO/ 04/2016dated 10 June 2016 to C.E.O IBA . The letter reads as follows

Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice meeting held on 8th February 2016 at New Delhi

We a cknow l edge r e c e i p t o f you r l e t t e r thNo.HR&IR/KU/G5/30 dated 6 April 2016 referring to

our letter IOBRA/IBA/CEO/02/2016 dated16th March 2 0 1 6 . W e a l s o r e f e r t o t h e l e t t e rNo .HR& IR /KSC /GOVT /85 /63 da t ed April13,2016 written by your Chairman to the Chairman, Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice.We are happy to note from the above referred letter dated April 13, 2016, that you had acted on instructions given to IBA by the Chairman of the committee during the course of the Parliamentary Committee meeting, to refer our representation to your management Committee and placed it in its

ndmeeting held on 2 March 2016,We are equally happy to note that the managing committee has identied issues of 100%DR to pre 2002 retirees, improvement in family pension, updation of Basic Pension, pension option to all leftover retirees including compulsorily retired employees and resignees, initiated the process of collecting data from all banks and undertaking actuarial calculation to be placed before the managing Committee for taking appropriate decision on these issues,In the said letter your Chairman had advised the Chairman of the Parliamentary Committee that the managing committee felt that it would not be appropriate for IBA to negotiate/discuss with retiree Associations for reasons given in the letter. Without going into the correctness or ligic of the reasons given there, we would like to impress upon you that we, IOBRA, can not be denied an audience by IBA for the simple reason that we are the petitioners to the Parliamentary Committee and the committee circulated our grievance Petition dated 11th January 2016 to all participants including your organization.

th The purpose of the meeting of 8 February16 itself was to examine the grievances raised by us in our grievance petition. Due to time constraint, we did not get an opportunity to present our grievances in its totality. Recognising the need for giving us a reasonable opportunity to present our grievances properly, “ The Chairman had directed you to discuss all the issues raised by us in the immediately following Management Committee of IBA and to have discussion with us on the grievances with a view to resolve them and submit your report to him within two months. Therefore the basic requirement of


t hthe meeting of 8 February16 to our presentation of our grievances will be met only when we are allowed by you to discuss our grievances with you.

Therefore, we request you to give us an opportunity to meet you in person and present and discuss our grievances with you well before your Managing Committee takes a decision on

ththe grievances raised by us inour petition of 11 January 2016 to the Chairman of the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice.

We are attaching a note prepared by us detailing the presentation of our grievances to the Parliamentary Committee, we intended to

thmake on 8 February16 for your information. We are also sending herewith the supporting documents In the booklet titled Discussion papers for your perusal.

We are awaiting your permission to make a personal presentation.

PRESENTATION

Respected Chairman and honourable members of the Committee, esteemed ofcials of the DFS and Department of Pensions,Rajya Sabha secretariat and esteemed ofcials of Indian Banks' Association and friends! My Salutations and greetings to you all.At the outset, I thank the honourable Chairman of the Committee, Dr.E.M.Sudarsana Natchiappan for providing us this opportunity of appearing in person and presenting our grievances before this august body andalso thank all the honourable members of the Committee as well as ofcials of various ministries and IBA participating in the meeting to hear and redress our grievances. Thank you sirs.We IOB Retirees'Association, registered as a trade union, not only represent a majority of IOB retirees, but also represent more than 1,35,000 members of our All India Federation All India Bank Retirees' Federation AIBRF established in 1995 and which has 44 afliates from all banks. The grievances we are going to discuss have been raised and discussed elaborately in the Charter of Demands, submitted by AIBRF to all bank managements, IBA as well as the Government of India three years backWe appear before this committee for second time, our

thearlier presentation was on 28 January 2009 and the meeting was an inconclusive one, but, yet the bank retirees got three grievances resolved. We considered this as noteworthy and complimented it in the

general Secretary's report presented in our Triennial rd thconference held on 23 and 24 September 2015 .

I QuoteNote worthy Feature.During the course of last six/seven years, three major improvements were introduced for bank retirees.1.Past retirees were also given the second option for pension. 2.Grievance cells were set up at bank level to redress the grievances of retirees and3. Medical Insurance has been introduced to cover the past retirees also. All the retirees are aware that all the three improvements have been introduced by bank managements, that too grudgingly, only as per the directive of the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice, given in the meeting of the Standing Committee held on 28-01-2009 to discuss the grievances raised by our organisation Indian Overseas Bank Retirees' Association, joined by UFBRO.I UnquoteWe from the bottom of our hearts thank the Chairman Dr. Natchiappan ji, who was the Chairman of the Committee in 2009 also for this act of kindness and benevolence. We also thank the members of the committee and ofcials of DFS IBA and other ministries present in the meeting in 2009. If that much of good can be done out of an inconclusive meeting a lot more can be done in this meeting. We are condent that the Committee and the ofcials of IBA and DFS and other ministries have enormous power and potential as well as positive attitude to solve our grievances and we seek your help in this regard.The grievances we are binging before this august house contained in our letter addressed to the

t hhonourab le cha i rman dated 11 January 2016,(S.No2,Page No5) which was a sequel to our

thletter dated 29 January 2015,(S.No 3 Page 16) AIBRF had sent an identical letter to the honourable

thchairman on 29 January 2015 (S.No 34 page 113). Therefore,we request you not to treat the issues as raised by a bank level organisation and treat them with less seriousness. In as much as we represent our Federation also, we request you to treat them as industry level issues.You will observe that all the major issues raised therein, numbering 9 were the subject matter of discussions in the 2009 meeting also.These issues were 8 years old in 2009 and has become 15 years old now.Even after the matter was discussed in the meeting of the Parliamentary Committee, no efforts were made by Concerned ofcials at IBA to redress the grievances. Leave alone


nding a solution, the grievances were not even recognised as grievances.We forwarded our recordings of the presentation made by us and proceedings thereon in the meeting of the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice on 28-01-2009 to Hon'ble chairman, (S.No 9 ,Page No 33)and Joint Secretary DFS (S.No 10 ,Page No 40) and similar recordings Of our Federation was also forwarded to Joint Secretary DFS. (S.No 11 ,Page No46 ) All the three documents are given in the papers presented now.We did not keep quiet after the meeting .We had undertaken some follow up measures to draw the attention of authorities to the problems faced by bank retirees and escalate the matter to the top level authorities

th14 September 2013Our President, Mr.AL.Chandramouli, along with our General Secretary Dr,B.Ramji (in their capacity as Organising Secretary and Vice- P r e s i d e n t o f A I B R F ) m e t H o n . b l e Sri.P.Chidambaram Minister of Finance, Government of India and presented a copy of UFBRO Charter of demands.along with a letter

thdated 14 September 2013 (S.No4 ,Page No 18 )st31 October 2013:

Our President, Mr.AL.Chandramouli, along with our General Secretary Dr,B.Ramji (in their capacity as Organising Secretary and Vice- P r e s i d e n t o f A I B R F ) m e t Sri.T.M.Bhasin,Chairman and Managing Director of Indian Bank, who was then heading the Negotiating Committee of Indian Banks' Association in the Tenth Bipartite wage Revision exercise and Presented a copy of the UFBRO Charter of Demands (S.No 5 ,Page No 20)

th4 November 2013: Our General Secretary Dr,B.Ramji (in hiscapacity as Vice- President of AIBRF) and Sri.S.Velayoudam, Organising Secretary of AIBRF met Hon'ble Shri.V.Narayanasamy, Minister of State Prime Minister ofce Ministry of Personnel, Public Grievances and Pensions , Government of India and presented a copy of UFBRO Charter of demands on4th November 2013 (S.No6 ,Page No25 )Follow-up

Our representation was received on 09-12-13

and registered as a grievance by the Ministry of Personnel, Public Grievances and Pensions, Dept of Pension & Pensioners' Welfare and we were advised to that effect on 11-12-13

Our representation was forwarded to

Sri.S.C.Das, Deputy Secretary, Dept of

Financial Services(Banking Division) on 17-12-13 requesting him to have the representation examined and the grievance redressed within the time frame of 60 days

28-11-2014We also wrote a letter to Sri.T.M.Bhasin, the then Chairman of Indian Banks' Association on 28-11-2004(S.No8 ,Page No30 )31-01-2015During one of the ofcial sittings of this esteemed committee, we were permitted by Honourable Chairman Dr.E.M.Sudarsana Natchiappan to appeal in person to the members of the Committee during their

stofcial sitting at Chennai on 31 January 2015, to give us one more opportunity to appear before the committee, present the problem of bank retirees and seek redressal of the grievances. Our President Sr i .AL.Chandramoul i , our V ice-Pres ident, Sri.M.Pethchie and Our General Secretary Dr.B.Ramji accompanied by AIBRF DGS, Sri.S.V.Srinivasan, and TNBRF President Sri.A.K.Narasimhulu, appeared before the Committee and personally appealed to them to give us an opportunity to appear before the committee once again. We presented a representation from our Association (S.No3 ,Page No 16 )and a representation from our Federation All India Bank Retirees' Federation (AIBRF) (S.No 34 ,Page No 113 ). It was gratifying to get the personal assurance of a number of the Committee members to help us resolve our issues and give us an opportunity to appear before the committee once again.The representation of AIBRF was forwarded by Rajya Sabha Secretariat to The Ministry of Personnel, Public Grievances and Pensions(Dept of Adminisrative Reforms and Public Grievances and copy to Sri.Rajan

rdKumar Econoomic Advisor I DFS on 23 February 2 0 1 5 v i d e O f c e M e m o r a n d u m No.RS,17/1/2015.P&L (S.No 31 ,Page No 110)Our representation was forwarded by The Ministry of Personnel, Public Grievances and Pensions(Dept of Pension Pensioners'Welfare to Sri.Rajan Kumar

thEconoomic Advisor I DFS on 20 March 2015.11-01-2016We once again wrote a letter to the Honourable Chairman Dr.E.M.Sudarsana Natchiappan on 11-01-2016 giving a comprehensive account of problems faced by bank Retirees which forms the basis of our presentation and discussion today. (S.No 2 ,Page No5)After the discussion on the background of the present sitting, now let me present the grievances listed in our letter of 11-01-2016, seriatimThe Nine issues discussed in the rst part of the letter are the issues discussed in the meeting of the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice on 28-01-2009.


1.100% D.R.Neutralisationfor pre 1-11-2002 retirees :

(Likely beneciaries of this demand are those who retired between 01-01-1986 and 01-11-2002 aged between 74 to 90 years and who are losing between Rs4,000/- to Rs 7,000/- p.m)Pensioners who retired prior to 1-11-2002 to be pa id Dearness Re l ie f app ly ing 100% neutralization retrospectively from 1-5-2005 as done in the case of post 1-11-2002 retirees. This group should be given arrears of DA so calculated, immediately.During the current bipartite discussions on wage revision IBA has conveyed its consent to extend this facility. Hence it should be released immediately with retrospective effect from 01-05-2005.A detailed note is attached (S.No12 ,Page No 52)Provision in SettlementThe settlement reached between Indian Banks Association and All India Bank Employees' Association(AIBEA) representing workmen dated 29thOctober 1993 on introduction of pension scheme in Banks, provides as under:“6.Dearness relief to pensioners will be granted at such rates as may be determined from time to time in line with the dearness allowance formula in operation in Reserve Bank of India”This provision is unambiguousReserve Bank of India had granted DA neutralization at 100% to their employees who retired before Nov 1, 2002 with effect from March,1,2008 vide their circular letter CO.HRDD,No.10139/2101/2007-08 DATED April1,2008.This was further modied vide their circular letter CO.HRDD,No.6223/2101/2009-10 DATED January1,2010, whereby RBI granted DA neutralization at 100% to their employees who retired before Nov 1, 2002 with effect from February 2005.Therefore Pensioners in all PSBs are also entitled for DA at 100% neutralization.Legal Decision

On this subject, The Hon'ble High Court of Madras has been pleased to pass an Order on 14-12-2012 in a batch of Writ Petit ions, namely,WP.50000/2006, WP.50001/2006, 50002/2006,.3198/2007, WP.9952/2007, WP.14983/2007 and WP.6632/2007 led by a group of retired employees from Canara Bank, Bank of Baroda and Indian Overseas Bank led in 2006 and 2007 for payment of dearness relief at 100% neutralization on their entire basic pension with effect from 01-02-2005 as paid to those who retired on or after 01-11-2002.

We nd that the court has pronounced the judgement on the following principles laid down by the Supreme Court in the matter of dened benet pension scheme

(a) In famous case of Nakara V/s Union of India, the constitutional bench of Supreme Court has laid down the principle that any improvement made in the existing pension scheme , the benets have to extended to the existing retirees too.

(b) Ination data as measured by All India Consumer Price Index affects all retirees alike. Therefore benet of improved formula can not be restricted to a section of retirees. It will amount to creation of class within the class and such articial division is not permissible under the law.

Calcutta High Court decision delivered on 04-03-15 in the matter of W P NO. 507 of 2012 in the matter of 100%D.R.Neutralistion led by United Bank of India Retirees' Welfare Association and Others Vs.United Bank of India and Others delivered by Justice I.P. MUKERJI, J.While delivering the judgement, the court has observed that policy and service conditions of the respondent bank for payment of dearness allowance to pre-2002 retirees is arbitrary and discriminatory. The court has further observed that United Bank of India being under the control of Reserve Bank of India it was incumbent on it to follow RBI policy with regard to payment of dearness allowance because regulations of RBI has been accepted by the respondent bank in 1993 regulations and 1995 regulation did not expressly repeal this principle. The respondent bank has all the more reasons to follow RBI circulars granting 100 percent dearness relief to pre-November 2002 ret i rees wi th retrospective effect from February, 2005.4It may be stated that in 1993 Unions and IBA had entered into settlement wherein under clause 6 it was stated that dearness relief to pensioners will be granted at such rate as may be determined from time to time in line with dearness formula in operation in RBI. IBA was ignoring and refusing to implement this clause of the settlement. Now Kolkata High Court has given fresh legal sanctity to this clause of the settlement.Views of Supreme Court of India In this Connection, We invite reference to the

threcent judgment of Supreme Court of India dated 17 January 2013 in a similar case,in the case of Kallakkurichi Taluk Retired Ofcial Association, Tamilnadu, etc. and others Versus State of Tamilnadu, wherein the following observations have been made by Justice D.K.Jain and Justice Jagdish Singh Khehar


In the present context, it needs to be kept in

mind, that 'dearness allowance' is paid to Government employees keeping in mind the All India Consumer Price Index. Ination in the market place is sought to be balanced by paying 'dearness allowance' to Government employees. Since the component of ination similarly

affects all employees, and all pensioners (irrespective of the date of their entry into service or retirement), it is not per se possible to accept different levels of 'dearness pay' to remedy the malady of ination. Just like the date of entry into service (for serving employees) would be wholly irrelevant to determine the 'dearness allowance' to be extended to serving employees, because the same has no relevance to the object sought to be achieved. Likewise, the date of retirement (for pensioners) would be wholly irrelevant to determine the 'dearness pay' to be extended to retired employees.

.Any classication without reference to the

object sought to be achieved, would be arbitrary and violative of the protection afforded under Article 14 of the Constitution of India, it would also be discriminatory and violative of the protection afforded under Article 16 of the Constitution of India.

Ination, in case of all such pensioners,

whether retired prior to 1.6.1988 or thereafter, would have had the same effect on all of them. The purpose of adding the component of 'dearness pay' to wages for calculating pension is to offset the effect of ination. In our considered view, therefore, the instant classication made by the State Government in the impugned Government order dated 9.8.1989 placing employees who had retired after 1.6.1988 at a disadvantage, vis-à-vis the employees who retired prior thereto, by allowing them a lower component of 'dearness pay', is clearly arbitrary and discriminatory, and as such, is liable to be set aside, as violative of Articles 14 and 16 of the Constitution of India.

From these observations of the Supreme Court read together with the pronouncements made in the judgment of Madras High Court, it is abundantly

thclear that the 8 Bipartite settlement signed in June 2005, denying the benet of 100% D.R.Neutralisation to retirees who retired prior to01-11-2002,violates Article14 and 16 of the Constitution of India and is contrary to norms laid down by the constitutional bench of Supreme Court in the famous case of Nakara V/s Union of India, spelling out the principle that any improvement made in the existing pension scheme , the benets have to be extended to the existing retirees too.

Banks Preferred writ appeal before the Division Bench of Madras High Court and got the single judge order set aside .The plea of banks is that the anomaly is governed by a bilateral agreement between banks and in-service unions and hence the court can not interfere in the matter. Here the pronouncement and ndings of the single judge that the agreement is discriminatory in nature and hence violates article 14 and 16 of the Constitution of India has not been denied. Hence the question before this august house is why IBA should make strenuous efforts to uphold its agreement which violates Article 14 &16 and practice discrimination? Is it treated as a matter of prestige for them? Further, we request the house to go through our observations titled “D.R Neutralisation and tenth Bipartite Discussions” in pages 60-61 (Doc S.No12) and especially the followingComments in Record Note Dated 25-05-15100% D.R.Relief:A) It is sub judice.IBA Can not take any decision on this issue at this stage. B) From a humanitarian point of view, IBA may examine feasibility of providing 100% DR neutralisation based on a detailed costing exercise.Are we to believe that IBA and UFBU were not aware of cases being pending in Supreme Court on 13-06-14 when they recommended to the Government,? what were the recommendations? And what decision Govt has taken on these recommendations?Are we to believe that IBA and UFBU were not aware of cases being pending in Supreme Court on 26-09-14 when IBA informed UFBU that they are inclined to favourably consider the demand of 100% DA on pension for pre-Nov. 2002 retirees.Now they say that From a humanitarian point of view IBA may examine feasibility of providing 100% Dearness Relief neutralisation to pre-November retirees based on a detailed costing exercise. The question before us is whether 2 years time is insufcient to conduct so called costing exercise. And whether the so called costing exercise was not felt necessary on 13-06-14 or before, when IBA sent their recommendations to the Govt for payment of 100%DR neutralisation.. Therefore the comment is incorrect. We should remember here that the injustice was committed in 2005 and a large number of affected pensioners have already died the number of deceased members is growing day by day as most of them are 70+. Therefore we appeal to IBA as well as Govt not to continue legal process and delay the matter further. We appeal to IBA to be fair and Just towards their senior retirees and sanction DR neutralisation with effect from 01-05-2005


2. Anomaly in Basic Pensionfor post 01-04-1998 retirees :

(Likely beneciaries of this demand are those who retired between 01-04-1998 and 01-11-2002 aged between 74 to 78 years ) A detailed note attached (S.No17 ,Page No 73)“Regulation 35 (2) of Pension Regulations states that ….” The amount of Basic Pension shall be calculated at 50% of the average emolumentsIn the VII Bipartite settlement, a new denition of “Pay for the purpose of Pension” was introduced, in contravention of Regulation 35(2) saying that “Pay for the purpose of pension shall be aggregate of pre-revised Pay and Dearness allowance thereon at CPI 1616 points” This denition was applied to all the persons who have retired after 01-04-1998 .Basic Pension for this category of retirees (the persons who have retired after 01-04-1998) was not arrived at calculating at 50% of the average emoluments actually drawn by the employees as per Regulation 35(2). It was calculated on an imaginary pay, taking the aggregate of pre-revised Pay and Dearness allowance thereon at CPI 1616 points. This resulted in reducing the Basic Pension payable to the pensioners from 50% of basic pay to 41% of Basic Pay inicting heavy nancial loss on them.This had no legal status as the Regulation 35(2) was never amended and continued in its original form during the entire period of VII bipartite settlement.The denition of Pensionable Pay was restored to its original legal form, as available in regulation 35(2) in the VIII Bipartite settlement. Thus the denition of Pay for the purpose of Pension as contained in the VII bipartite settlement was never given a legal status and it ran contravening legal position as available in Pension RegulationsThis matter has been decided in two High Courts. 1.In the Writ appeal led by Sri.G.Palani and 16 others Vs Bank of Baroda (Writ Appeal No1209 of 2007) The Division Bench of Madras High Court had, vide its order dated 28.6.2011, decreed that the aberration be corrected with retrospective effect from the date of retirement and the retirees be paid arrears and difference in commutation amount due to them. We are enclosing a copy of the order for your immediate reference.The judges observed When the Pension Regulations strictly dene that the last ten months emoluments should be taken into count for calculating the pension and when the Regulations 2(d) and 35(2) have also not been suitably amended, the differentiation introduced into the denition of the term 'pay' is illogical and a legal conict and contradiction has been created between the terms of Regulations, particularly 2(d) and 35(2), which are having the statutory force .

They also observed that , in the case on hand, though the Joint Note talks about the pension, there is no mention therein about the Regulations 2(d) and 35(2). Therefore, it goes without saying that the 'average emoluments' for the purpose of counting the pension remained as the 'pay drawn by an employee during the last ten months of his service in the Bank' and that the basic pension shall be calculated at fty per cent of the average emoluments. In the absence of any amendment to these Regulations, the attempt curtailing this benet to the appellants and such other similarly standing persons, by introducing the impugned amendment is illegal. In the light of the above observatios, the judges ordered payment of arrears and difference in commutation amount due to them.2.The Division Bench of Madras High Court reiterated its position as mentioned above in the case of Sri.M.K.Narayanan vs Indian Overseas bank also.3.Similarly High Court of Karnataka, in its order

rddated 23 March 2011 on Writ Petitions 34619 of 2003(S-RES)C/W WP 38461/2002, 16369/2004, 52331/2003,22385/2004,16361/2004,3308/2004,5273/2004,36255/2004,43408/2003 and WP19368 of 2005 between Jatheendranath and others Vs State

thBank of Mysore and in another order dated 6 of April 2011 on Writ Petition s19267 of 2003(S-R)C/W46601/2004(S-R)&10514/05(S-R) between V.Ravindranath and others Vs Syndicate Bank and Central Bank of India has ordered that the petitioners are entitled to payment of pension calculated on the basis of actual pay, Dearness allowance and other allowances and emoluments drawn by them during the last 10 months of their service in the bank and the bank shall pay the differential amount of pension and the commutation value of pension.4.Subsequently,the Division Bench of Karnataka High Court comprising Hon'ble Sri.Vikramjit Singh,Chief Justice and Hon'ble Mrs.Justice. B.V.Nagarathnamma dismissed the writ appeal 4269/2011 led by State Bank of Mysore and other banks on the above

thjudgment by its order dated 8 March 2012. The Hon'ble judges have commented “We mention this for the reason that it appears to us that the extremely scarce time of the Court as well as the Bank's resources have been avoidably and unnecessarily expended on an excercise of futility. (Page 137-139 para 10)These orders vindicate the stand taken by us on this matter that the denial of the benet retrospectively from the date of retirement is illegal.5.The Banks have led SLP before the Supreme Court and IBA has also joined as a party.We do not understand as to what point the banks as well as IBA want to prove by ling this SLP and dragging the matter for more than 3 years in Supreme court.


If the ling of writ appeal is to be condemned by the Hon'ble Judge that” the extremely scarce time of the Court as well as the Bank's r e s o u r c e s h a v e b e e n a v o i d a b l y a n d unnecessarily expended on an excercise of futility.” Then what else is the ling of SLP? Are the bank managements and IBA trying to satisfy the hurt egos of the signatories?What is the accountability of those persons who spent the extremely scarce time of the Court as well as the Bank's resources unnecessarily on an excercise of futility? The IBA should ponder over why They should continue this hostility to a small group of poor pensioners and stop it immediately. As the amount to be paid is in the nature of one time payment only and the amount involved also is not much IBA should pay the arrears immediately.We would also like to stress here that the injustice was inicted on the hapless senior retirees during VII Bipartite settlement signed in 1999 and the pleas made to the authorities were stonewalled .The retirees had and still do not have an industry level grievance redressal machinery where their grievances could be heard and redressed. Advancing age and lack of resources not with standing, the retirees took recourse to the only forum available to them i.e. legal recourse much to the displeasure of bank Managements and ofcourse IBA. Help from the in service unions represented by UFBU also was not available since they were the signatories to the settlement. This predicament of retirees has to be appreciated by IBA/Govt.It has taken 12 years for the retirees to get this judgment. Appeals by Banks might cause a further delay of a few years. The beneciaries are all in advanced age and the relief to be given to them is in the nature of one-time payment and the amount is very small.We also appeal to the Government to instruct IBA to show respect to Regulations and also not to engage in avoidable litigations.We also request the Government, who is the major stake holder in PSBs to ensure that the provisions of any wage agreement entered into by IBA is subjected to legal scrutiny by its Law ministry to ensure that it does not violate any law of the land more so does not violate fundamental rights as it has happened in the case of our grievance No1& Grievance No2

3.Pension Updation : Pension Updation should be introduced for bank retirees as done in the case of Central Government Pensioners and RBI Pensioners.We invite reference to the detailed note attached. (S.No 18 ,Page No80 )Pension updation involves a process which should be developed based on a principle. For Pension updation, we have before us two pension schemes as the guiding force .Pension updation is an integral part of

the Pension schemes (Civil, Defence and Railways) of the Government of India and Banks' pension schemes are framed in line with these schemes only.The Government of India, while appointing the Pay commission incorporates in the terms of reference, the advice that the Commission is required to examine the principles that should govern the structure of pension, death-cum-retirement gratuity, family pension and other terminal or recurring benets having nancial implications for the Central Government employees. This is to ensure that the revision of pay does not result in upsetting the Basic principles of Pension scheme. To achieve this , successive Pay commissions had recommended updation of pension paid to pensioners along with salary revision of serving employees . By this, they had extended the benet of salary revision to the pensioners as well. The last drawn salary, reckoned for the purpose of arriving at the Basic pension of the pensioner is tted in the new scale of pay, using the same formula and procedure used for tment of the Basic pay of serving employees, and the corresponding Basic pay in the new scale is arrived at. The Basic Pension of the pensioner is recalculated and xed at 50% of the Basic pay in the revised scale of pay arrived at as above. Dearness relief is calculated at the revised Basic Pension.The pension of all the retirees is updated by notional xation of their pay in the new pay scale, by adopting the same formula applied for revising the pay for the serving employees. Thereafter, all the past pensioners who have been brought on to the new pay scales by notional xation of their pay and those who have retired after the cut off date for wage revision are treated alike regarding consolidation of their pension by allowing the same tment weightage as may be allowed to the serving employees.Similarly Reserve Bank of India, the pioneer of pension scheme in banking industry, also extended pens ion updat ion to the i r re t i rees the i r Administration Circular No2 dated September1, 2003 The pension was updated by way of revising the components of “Pay” drawn on the preceding ten months of service prior to retirement, which were considered for the purpose of calculating pension, to those obtaining in the revised scales of pay brought

stinto effect from 1 November 1997, notionally and recalculate the pension. The revised pension was paid

stfrom 1 November 2002.We have sought extension of this scheme to all the bank retireesWe raised this matter as a grievance in our

thletter dated 4 October 2006 and the same was the subject matter of discussion in the meeting

thof the Parliamentary Committee held on 28 January 2009.View point of I.B.ACommenting on this demand IBA, in its written reply


to the Chairman of the committee, stated as follows“The principle of updation of pension of retirees periodically to take care of the erosion in the value of rupee exists only in the central Government of India to go into the revision in pay and other benets of Government servants once in ten years has been recommending such updation each time it gives its report and is accepted by the Government of India. The reply of IBA makes the following points:

1. The principle of updation of pension of retirees periodically is intended to take care of the erosion in the value of rupee.

This principle has been accepted by the Government of India as paramount to the welfare of its retired employees as it is intended to take care of the erosion in value of rupee. The same has been accepted in State Bank of India, as admitted by IBA, and also in Reserve Bank of India, about which IBA is silent.By stating that it is not applicable for Public sector Banks, does the IBA suggest that Erosion in the value of the rupee does not take place in the case of employees of Public sector Banks or that they need not be taken care of against this? A Bank employee is as much a public servant as a govt employee. Therefore he can not be denied the benet given to Govt employee

2. There is no provision in the Pension Regulation governing payment of pension to retirees from Public sector banks (except State Bank of India) for updation of pension of past retirees.

of Public sector Banks or that they need not be taken care of against this?The statement of IBA that there is no provision in the Pension Regulation governing payment of pension to retirees from Public sector banks (except State Bank of India) for updation of pension of past retirees is contradicted by their subsequent admission that Updation was done in the case of employees of Public Sector Banks in respect of the period 01-01-1986 to 31-10-1987 to update the pay drawn during the last ten months before retirement from a reference level of CPI 332 points to CPI 600 points. If the banks, IBA and the Govt found this principle relevant in 1995, how can it become irrelevant subsequently? Thus this argument of IBA sounds hollow and unconvincing.

2.The pension scheme of the public sector banks is a funded scheme, where as the pensionary liability of the Government towards the retired Government servants is treated as revenue expenditure

Then comes their argument about the nature of Pension scheme in PSBs being funded scheme. The Pension scheme in SBI as well as RBI is similar to that in PSBs. Still they apply the principle of updation for their retirees. Thus the IBA's argument is not sustainable

Our Demand on the methodology of Pension UpdationThe Pension scheme of PSB is identical to the Pension scheme of RBI. In the Settlement dated 29-10-1993 ,entered into by IBA with Bank Unions for introduction of Pension Scheme, it is mentioned that formula for updating pension should be on the lines of the same given in RBI Pension Scheme. Any change therein should be introduced only after mutual agreement. But this has been conveniently omitted at the time of framing the Pension Regulations.Thus it will be observed that in the matter of updation of Pension for both the Government pensioners and RBI pensioners the updation is done by notional xation of their pay in the new pay scale, by adopting the same formula applied for revising the pay for the serving employees. Thereafter, all the past pensioners who have been brought on to the new pay scales by notional xation of their pay and those who have retired after the cut off date for wage revision are treated alike regarding consolidation of their pension by allowing the same tment weightage as may be allowed to the serving employees.Now, the method adopted for xation of salary in the revised scale at the time of salary revision is different for the Government employees is different from the point to point/stage to stage xation adopted in the case of RBI as well as the PSBs. Similarly Salary Revision as per PAY Commission Recommendation is once in 10 years for Govt employees, whereas salary revision as a result of bi-partite agreement is once in5 years for RBI as well as PSBs. Once again let us reiterate that the method of rexation of Basic Pay in the new scale for arriving at the new Basic Pension for pensioners during the exercise of Pension updation is the same as adopted for revising and rexing Basic pay for the serving employees. The periodicity of Pension updation for Government pensioners is the same as that of the wage revision of serving Govt employees; i.e 10years.In the case of RBI as well as the PSBs, the method adopted for revising and rexing Basic pay for the serving employees is point to point/stage to stage xation from old scale to revised scale. During the Pension updation exercise in RBI same method of point to point/Stage to stage xation was adopted for rexation of Basic Pay in the new scale for arriving at the new Basic Pension for pensioners. Therefore in the case of Public Sector Banks also the method adopted for rexation of Basic Pay in the new scale for arriving at the new Basic Pension for pensioners should be point to point/stage to stage xation from old scale to revised scale. In the same manner the periodicity of Pension updation should be once in every ve years along with salary Revision for serving employees and the date of effect of Pension updation should also be the same date of effect of salary revision of serving employees. Therefore Pension Updation should consist of the following features:


1.The method adopted for rexation of Basic Pay in the new scale for arriving at the new Basic Pension for pensioners should be the same as adopted for revising and rexing Basic pay for the serving employees which is the method of point to point/stage to stage xation from old scale to revised scale.2. Similarly the periodicity of Pension updation should also be once in every ve years along with salary Revision for serving employees and the date of effect of Pension updation should also be the same date of effect of salary revision of serving employees.3 Henceforth, whenever wage revision takes place in future, pension of pensioners shall be updated simultaneously along with the salary revision of serving employees. The components of “Pay” drawn by the pensioner on the preceding ten months of service prior to retirement, which were considered for the purpose of calculating Basic pension, should be rexed in the revised scales of pay agreed to be implemented adopting the method of point to point/stage to stage xation notionally and revised Basic Pension to be implemented as a result of Pension updation should be recalculated.4. Similarly, as and when Pension updation is carried out, similar exercise will be carried out for updating family pension also. 5. Likewise, in the case of award staff member retirees, the allowances ranking for pension should also be rexed at rates revised in the subsequent bipartite settlements and the Basic Pension be suitably rexed. As Govt has sanctioned one rank one pension scheme for Defence personnel and sanctioned Pension updation for RBI , we request Govt to initiate steps to introduce pension updation for bank retirees also.

4.Bi-Partite relationship between IBA a n d R e t i r e e s ' o r g a n i z a t i o n s , particularly AIBRF:During the course of proceedings the Chairman Observed “ The grievances listed above could have been avoided, if retirees' organizations were consulted while nalizing the wage revision proposals. Therefore During Wage revision e x e r c i s e i n t h e b a n k i n g i n d u s t r y , representatives of retirees should be consulted in respect of items which have a bearing on Pension and other retrial benets.On this point, though the IBA representatives hesitated in the beginning saying that there is no precedent for this. The Chairman intervened to appeal to IBA to set in motion the practice of consulting the retirees organizations during wage revision exercise as in the case of in service organizations.We regret to record here that IBA had not made any efforts what so ever in this directionAIBRF has been requesting for last 3 years to IBA and

its ofcials to hold discussion with our organisation on pension related issues before nalising the settlement and approached Department of Financial Services ( DFS ) with the request to ask IBA to hold discussion with AIBRF. We understand that DFS has already asked IBA to do needful in this regard.We are sad to note that advices from DFS did not evoke any positive response in this regard. And IBA has not so far responded to the requests so far.. AIBRF has written a number of letters to IBA on various matters affecting bank retirees. IBA has not acknowledged the letters, nor acted on them or taken any steps to redress the grievances discussed therein. AIBRF has conducted a number of agitations at various centres across the country. The Dharna at Jantar mantar on 07-03-14, Dharna at Azad Maidan Mumbai on 25-05-15 scores of Dharnas at various centres like Kolkata Chennai Bangalore Ahmedabad

thBhubaneshwar etc and the Dharna proposed on 10 inst at Mumbai have not evoked any response from IBA. We do not know what will move IBA into some action. The grievance cells set up in a few banks are also non functional. Even after setting up a grievance cell 3 years back IOB has so far not conducted a single meeting of the council despite our repeated requests.We request this august house to put in place proper norms for setting up bilateral relation ship between IBA and Retirees organisations and kick start its regular functioning This applies with equal force in respect of other bank managements as well. We are personally aware of IOB management atleast. It seems a policy decision has been taken that any letter, complaint, mail or message sent by any individual retiree or retiree organisations will not be acknowledged, acted upon or replied. This practice extends to even matters pertaining to his bank accounts . We request this august body to instruct banks to be responsive

5.Creation of Separate Welfare Fund for retirees :

During the course of proceedings, we submitted as follows :The staff welfare fund allotted by the bank should be proportionately made available to the retirees and the utilization of the amount to be determined by the bank in consultation with the retirees' organization. The advice of the Dept of banking, forwarded by IBA to all banks, to approach their respective boards to set aside a portion of Staff welfare fund allotted, for exclusive use of retirees has not been implemented by banks. Therefore it should be made as directive and the allotment mandatory.Sri.S.A.Bhat, Chairman and Managing Director, Indian Overseas Bank, in his speech supported this demand. He appealed to IBA and Banking Dept to consider enhancing the ceiling of 15


crores within the overall allocation of 3% of bank's prot made to Staff Welfare fund, with a directive that the additional amount so made available is exclusively used for the welfare of the retirees.This suggestion was welcomed by the Joint Secretary, Dept of Banking, who advised IBA to send suitable recommendations for increasing welfare fund allocation of 3% of Prot to 5%, with a directive that the additional allocation is made available for the exclusive use of Retirees' welfare. In the meantime the Chairman wanted IBA to furnish the bank wise data on allocation made for retirees' welfare measures out of the 15crore staff Welfare fund by individual banks at present.The matter should be speeded upA Separate note attached

6. Setting up Pensioners' grievance Cell in all banks: During the course of the proceedings a request was made that a grievance machinery should be set up in every bank to handle grievances of all retirees. This was accepted by IBA.Already Circular has been issued by IBA but implementation by all banks i s very ta rdy . Many banks have not implemented and meetings of the cell are not held. We request that creation of the cell. Regular meetings with Retirees' organizations are made mandatory. At the Apex level IBA constitute an Industry level Grievance cell to take stock of Industry level grievances and resolve them.

7.Introduction of Medical scheme for Bank retirees at all India level: Dur ing the course o f the d iscuss ion Smt.Krishna Thirath, M.P. member of the committee made a powerful and convincing appeal to introduce a Medical Scheme for retirees in the same lines of the scheme available for serving Employees. This was supported by the Chair and the IBA was asked to formulate a scheme in those lines and submit to the committee. This was accepted both by IBA team as well as representatives of the Dept of Banking .It has taken six long years for IBA to carry out the directive of the Parliamentary Committee. It is to be noted that the directive of the Committee was to introduce a Medical Scheme for retirees in the same lines of the scheme available for serving Employees.But we nd that IBA has chosen to give a medical scheme to retirees, which is inferior to the one available for serving employees, because, the premium for serving employees is being borne by the banks, where as the premium for the scheme for Retired employees

is to be borne by them. It is a clear case of discrimination. This is in clear violation of the directives of the parliamentary Committee. This will put off a large number of retirees from availing the Insurance cover as most of the past retirees are drawing meagre amount of Pension due to the continued refusal of IBA to grant 100% D.R. Neutralisation and to update their pension.Banks should be directed to pay the premium of the insurance policy for retirees also as done in the case of serving staff members and not to recover the premium from the retirees as done now.IBA has circulated a note {after retirees had opted for the new Insurance scheme) stating that Domiciliary treatment reimbursement facility will not be available for retirees even though same will be available for serving staff. This also amounts to discrimination. IBA should drop the move.

Point No 8 Improvements in Family Pension scheme as available for Govt Pensioners:The improvements we have demanded for family Pensioners in banks have already been introduced and implemented for Government family pensioners as well as RBI family pensioners. The Family Pension provided for in the Pension Regulations suffers from two defects.1.The reducing slab rates bring down the Family Pension from 30% to 15% of last drawn Basic Pay. This results in the spouse of a pensioner drawing Lower Basic Pay will draw a higher rate of Family Pension and the spouse of a pensioner drawing higher Basic Pay will draw a lesser rate of Family Pension. In real terms the quantum of Family Pension will remain static even irrespective of the quantum of Basic pay of Pensioner .2. There is a cap on Family Pension payable.Thus the Family Pension is frozen at an unreasonably low level, at about Rs8,000/- even if the Pension drawn by the Pensioner is about Rs.30,000/-This will not help the Family Pensioner maintain a reasonable standard of living. The improvement we seek is to pay Family Pension at a uniform rate of 30% of the last drawn Basic Pay of the Pensioner and without any ceiling as available for Government and RBI Family pensioners. This we consider as the most reasonable and just demand.We normally suffer from the mistaken perception that Family Pensioners are some body else,i.e Others..But we should remember they belong to and more so a part and parcel of our family, very close and dear to us.They are none other than our spouses; If so should we grudge in being fair to them and doing justice to them ?One more point to remember is that in a large number of cases, the Family Pensioner predeceases the


Pensioner and even when they outlive the pensioner it is mostly for a very short period only..Further if the pension fund can provide for payment of pension to the pensioner who lives upto 85/90 years,how it can not support payment of family pensioner for 5 /10 years if the pensioner dies at his

th65/68 year. The question of cost analysis in the case of family pension is an assault on/ insult to the sacrices made by the spouse of the bank employee(who is the Family pensioner now) after his demise. We are totally opposed to the comment of IBA appearing in the record note quote” while IBA is sympathetic to the issue, the cost involved is signicant and unaffordable at the present juncture. IBA will examine cost implications and sustainability at a future date.” This approach of IBA is heartless and cruel and is not acceptable to us.IBA is learnt to have indicated to some constituent of UFBU that they may not agree for paying Family Pension at 30% of last drawn Basic pay but may settle for a via media of 20-25%This offer also is in a bad taste. If RBI and Pay commission could nd 30% reasonable, what is the logic of IBA to bargain on this point?Therefore our demand that Family Pension should be revised and xed at 30% of the last drawn Basic Pay of the Pensioner without any ceiling should be accepted and implemented by IBA and the Government with effect from 01-11-2012, the effective date of Tenth bipartite wage revision.

9. Pension OptionDuring the follow-up meeting at the DFS, the Joint Secretary DFS conceded to our request and announced that while one more option for Pension will be offered to serving employees, it will be offered to past retirees also. This offer was made subsequently by IBA CEO also when we met him at IBA ofce in Mumbai. This assurance was kept up in the bipartite settlement of 2010. But compulsorily retired Retirees as well as Resignees were kept out of the second option . These categories of past employees also should be permitted to opt for pension.

Other issues raised by us in the Charter of demands submitted in 2012The Charter of demands submitted by our Apex organization AIBRF and raised at various forums are of following categories:1. Non-Monetary issues:A) Issuing Photo identity cards for retirees:

Some of the banks are issuing photo identity cards to their retirees similar to the one issued to serving staff, This facility should be extended by all banks and the cards should be uniform in nature and form.

B) Payment of Pension on the last working day of the month for which pension is paid: The Regulations stipulate payment of Pension on the

rst working day of the succeeding month, For almost all categories of Pensioners, Govt, Railways, Defence , pension is credited in the last week of the month itself. In the case of Public sector banks, also many banks lare paying pension to their pensioners on the last working day of the month itself.. This should be extended to all banks

C) Revision of D.R on quarterly basis instead of half yearly basis as at present: The Pension scheme for Govt employees, based on which Banks' Pension scheme is formed, stipulates DR being revised once in six months in the same lines as done for the serving staff. The basic norm followed here for periodical revision of DR is that the periodicity should be same for both pensioners as well as serving staff. Applying the same norm , DR for bank pensioners should also be revised once in three months along with revision of DA rates for serving staff.

D) Rounding of D.R to the nearest higher Rupee as done for Govt. pensioners. The Dearness relief payable to Pensioners of Central and State governments is rounded off to next higher Rupee.

There is no valid reason for continuing payment of DR to Bank Pensioners in Rupees and paise. Therefore, Banks should be advised to round off DR payable to their Pensioners to the next higher Rupee with immediate effect.The extra amount involved will be very meager and hence affordable to banks.

2. Monetary issues : Pension related issuesA) Linkage of full pension with 33 years of

qualifying service should be dispensed with. Once an employee renders the minimum pensionable service of 20 years, pension should be paid at 50% of the average emoluments received during the past 10 months or the pay last drawn, whichever is more benecial to the retiring employee.

B) Additional Pension should be paid for senior retirees as follows, in the same lines as done for Central Government Pensioners:

On attaining age of Additional quantum of pension

80 years - 20% of basic pension 85 years - 30% of basic pension 90 years - 40% of basic pension 95 years - 50% of basic pension 100 years - 100% of basic pensionC) Enhancement of Ex-Gratia paid to pre-1986

retirees and Ex-Gratia paid to surviving spouse of deceased pre-1986 retirees to a reasonable level

3. Welfare measuresA) Funeral expenses reimbursement on death

of retirees: Some of the banks are reimbursing Funeral

expenses of retirees to their close relatives. This has to be extended to retirees of all banks


4. Policy related issuesA) Creation of Pension tribunals/ ombudsmanB) Introduction of a system to avoid unwanted

litigationC) 5 year Weightage for Qualifying service of

specialist ofcers to be given as contained in the Pension Regulations

Facility for encashment of Leave at Credit at the time of retirement: The service Regulations and bipartite agreements provide for facility to encash PL by the retiring employees at the time of their retirement. This was extended to staff who are compulsorily retired,

IBA sent to all banks communication No PDR/CIR/76/H7/E9/1452 dated November 27 2000 stating that Leave encashment and Travelling allowance on retirement will not be entitled for ofcer whose services are terminated or who is compulsorily retired as a punishment as per Regulation 4 of the OSR 1979/1982. The letter admits that unlike other PSBs State Bank of India permits encashment of leave on compulsory retirement.

This matter was contested by many retirees in various High Courts and the retirees won the case. On account of these judgments the Managing Committee of IBA, in its meeting held on April 30, 2015, deliberated on the decision/Recommendations of HR Committee and decided to permit encashment of PL for compulsory retired employees/ ofcers. However the date of effect of the decision has been kept as 30-04-2015. IBA should be advised to effect the decision from the date of retirement of ALL CRS retirees since 01-11-2000

Our Earlier representation to you dated 29-01-2015In this connection, we would like to submit the following for your consideration.We had submitted a representation dated 29-01-2015 addressed to you along with our Fedration All India Bank Retirees' Federation at Chennai on 31-01-15.This representation was received by Rajya Sabha Secretariat, who had issued Ofce Memorandum No

rdNo.RS.17/1/2015-P&L dated 23 February 2015 to The Ministry of Personnel, Public Grievances and Pensions, (Deprtment of Administrative Reforms and Public Grievances), Copy marked to “Sr i .Rajan Kumar,Economic Advisor-I Department of Financial Services , Ministry of Finance, stating”The undersigned is directed to forward herewith a copy of representation received from Sri.S.M.Deshpande, President, All India Bank Retirees' Federation, Chennai, for such action as deemed appropriate, under intimation to the petitioner.This OM also contains the following directive”

The undersigned is further directed to convey the desire of Chairman of the Committee to have a meeting with the concerned ofcers of the Department of Financial Services, Ministry of Finance so that a solution to the grievances contained in the representation are resolved amicably. Accordingly the Deprtment of Administrative Reforms and Public Grievances, Ministry of Personnel, Public Grievances and Pensions, is requested to ascertain the convenience of the concerned Ofcers of the Department of Financial Services and inform the same to this secretariat.The OM and our letter were received by the Department of Pension and Pensioners'

thWelfare on 17 March 2015 and mentioned in their ofcial website. The matter disposed off

thon 19 May 2015 as reported in the website with the following remarks:“IBA has no mandate from member banks to call Retired Bank Association for any discussions”On going through the remarks, we gave our feed back on as follows“IBA has to write to member banks and obtain mandate for calling Retirees organisations for discussions stop IBA has been more than once directed by DFS to hold discussions with Retirees organisations to resolve retirees issues stop IBA was also advised by Chairman of Parliamentary Standing Committee on Personnel PUBLIC grievances Law and Justice in the meeting on 28th January 2009 to discuss with retirees organisations on Retirees issues on an ongoing basis stop IBA in our opinion can not disobey this advice of Parliamentary Standing Committee on the pretext that they have no mandate from member banks” We feel that the Department of Pension and Pensioners' Welfare has no authority to dispose of a case referred to it by the Chairman of Parliamentary Standing Committee on Personnel PUBLIC grievances Law and Justice.Further the Department should analyse the grievance/ complaint they receive and try to work out a solution and not simply act as conduits of grievance. We expect them not to restrict their area conned to Govt Pensions. They should also formulate policy guidelines in respect of Pension schemes in PSUs and PSBs, where majority stake is with the Government. It should decisively interfere where one class of pensioners in an establishment is discriminated against others. It should also ensure equality and uniformity of treatment to pensioners of all PSBs and PSUs Same is the fate of Dept of Public grievances which do not seem to vield any authority over Govt Depts, PSB/PSU managements to the grievances brought up before them. This area needs improvement.

FEDERATION NEWS


We wrote a letter IOBRA/IBA CEO/ 06/2016 dated 6 July

2016 To Shri. Mohan.V.Tanksale, Chief Executive

Ofcer,Indian Banks' Association Mumbai on the

subject. The letter reads as follows

Respected Sir,

“We invite reference to the following improvement

in respect of Pension to Part- time employees

contained in the Tenth bipartite settlement

15(A). Pension for Part-time EmployeesstWith effect from 1 November 2012, for the purpose

of calculating the amount of pension in respect of

permanent part time employees in scale wages who

are covered by the Pension Scheme, their actual

service shall be reckoned for qualifying service and

not pro rata. The actual service/qualifying service

shall be calculated from the date of recruitment /

appointment as permanent part time employee in stscale wages or from 1 September 1978 whichever is

later.

This is a welcome step, taken by both the parties i.e

IBA as well as UFBU to set right an anomaly inicting

injustice to the part time employees.

However, it is observed that this clause of agreement

lacks clarity and taking advantage of it our

bank,Indian Overseas Bank interpreted that this will

be applicable only in the case of part time employees stretiring on or after 1 November 2012; whereas it

appears to us that the intention of both parties is to

give benet of this clause to all the part- time

employee retirees, both present and future, but make

it effective from 01-11-2012 in respect of past

retirees belonging to this category.

In this connection, we were glad to go through your

communication No.CIR/HR&IR/ KU/G2/2016-17/547

Dated June 24, 2016 offering the following

clarication

“We wish to state that Banks which are parties to the

settlement are advised to revise the pension in terms

of the above Clause and pay w.e.f. 1.11.2012 or from

the date of retirement whichever is later, In the case

of part time employees who have retired on or after

1.11.2012, while paying the difference in pension

amount the difference in commutation is also payable

to them”

We cited this communication and requested our bank

to give effect to this clarication and, rex the

basic pension of all the past retirees who retired

as permanent part time employees in scale

wages who are covered by the Pension Scheme,

reckoning their actual service for qualifying

service and not pro rata and pay pension

accordingly.

PENSION TO PART TIME EMPLOYEES

We also requested them to pay the difference in

commutation In the case of part time employees who

have retired on or after 1.11.2012, while paying the

difference in pension amount.

We learn that our bank still feels that your

communication is not specic to revise the

pension of all past retirees in terms of the above

Clause and pay w.e.f. 1.11.2012. Therefore they

have advised us that they will not be revising

pension of persons who retired prior to 01-11-

2012.

This act of our bank is contrary to the Tenth

bipartite settlement.

Therefore we will be highly obliged if you can

offer specic clarication to our bank, Indian

Overseas Bank and advise them to revise

pension of part-time employees retired prior to

01-11-2012 in terms of the agreement and pay

revised pension to them from 01-11-2012.

A I B R F h a s i s s u e d t h e f o l l o w i n g

Communications on various issues. These

are available in the website of AIBRF. Kindly

go through them.

Ÿ 2016/506 dated 12-07-2016 addressed

to CEO IBA on Group Medical Scheme for

Retirees Non Implementation of clause of

Reimbursement of domicilary treatment

expenses to retirees by the insurance

company

Ÿ 2016/489 dated 02-07-2016 addressed

to CEO IBA on Pending issues of Retirees.

Ÿ 2016/490 dated 30--06-2016

addressed to CC members on SLP in

S u p r e m e C o u r t o n 1 0 0 % D . R .

Neutralisation Case

Ÿ 2016/477 dated 16--06-2016

addressed to CC members on Merger of

Associate Banks with SBI

Ÿ 2016/466 dated 12--06-2016

addressed to CC members on holding

discussion with AIBRF


AIBRF issued a circular No 2015/360 Dated

08.02.2016 Titled: Meeting of Parliamentary

Committee Meeting Held in Delhi on 8.02.2016 to

discuss bank Retiree issues based on representation

Submitted by AIBRF/ IOB Retirees' Association

We are happy to inform you that meeting of

Parliamentary Committee on Personnel, Public

Grievances ,Law & Justice was held in Delhi on

08.02.2016 under the Chairmanship of Dr Sudersana

Natchippan (Member of Parliament- Rajya Sabha ) to

discuss pending issues of bank retirees based on the

charter of demands and memorandum submitted by

AIBRF/ IOB Retirees' Association.

2. AIBRF was represented by Dr. B.Ramji and Shri

A.Chandramouli of IOB Retirees' Association who

presented retirees' pending issues before honourable

members of the committee along with the relevant

record and supporting documents.

3. In the meeting IBA was represented by its

Chairman, Chief Executive Ofcer. Ofcials from

Department of Financial Services were also present.

4. The Committee ,its Chairman and members were

quite sympathetic and positive on the retiree issues

and had given specic direction to IBA and DFS to

hold discussion with retiree organisations especially

with AIBRF to dispose of all pending issues of retirees

within 2 months time. The meeting ended with very

positive note for retirees.

5. Detailed circulars giving point wise details on the

proceedings of the meeting will be issued shortly.

6. We convey our sincere thanks and gratitude to the

Chairman, Dr Sudersana Natchippan and all

members of the committee for taking keen interest in

long pending issues of bank retirees

Suddenly Changing its stand AIBRF wrote

letter No 2016/403 dated 29.04.2016 to us

though marked PRIVATE & CONFEDENTIAL

copy marked to mail ids of all CC members

The General Secretary

IOB Retirees' Association

Chennai

Dear Sir

Re: Organisational Discipline

IOB Retirees' Association is one of the afliates of

AIBRF for quite some time and binds itself with with

the organisational discipline EXPECTED to be

AIBRF and Parliamentary Committeeobserved by its afliates as per the provisions of the

constitution.

2. As you are aware, issues of bank retirees of all

India nature like updation of pension, improvement in

pension etc are dealt and handled with the concerned

authorities like IBA, Government, DFS etc by AIBRF

for their resolution. Stand taken by AIBRF on all India

level issues become ofcial stand for all its afliates

and is binding on them as an organisational

discipline. No afliates are expected to deviate from it

and cannot be permitted to do so.

3. We have been observing for quite some time that

IOB Retirees' Association has been approaching to

the Parliamentary Committee on pension related

issues of all India nature under its own banner and

letter head instead of taking up them under the

banner of AIBRF on repetitive and continuous basis.

At various level projections are being made as if they

are issues of IOB retirees and your organisation is

only active in dealing with them.

4. This matter was discussed in detail at the recently nd rdheld meeting of Ofce Bearers at Delhi on 22 & 23

April, 2016 and all the ofce bearers were

unanimously of the view that the above acts of IOB

Retiree Association is against the norms of

organisational discipline of AIBRF expected to be

observed by its afliates and undermines image of

AIBRF.

5. We have been directed to convey the above

feelings of the ofce bearers with the request to you

to stop directly dealing with the Parliamentary

Committee or any outside agency on all India issues

of retirees and hand over the issues which you feel

need to be taken up to Central Ofce of AIBRF for

taking up in appropriate manner as per the directions

of General Council, Central Committee and Ofce

Bearer Committee with your support, cooperation

and valuable suggestions.

We will be discussing this matter in the ensuing

Central Committee meeting of our Association thslated for 30 July 2016 at Chennai and forward

our responseto AIBRF thereafter

Ofce-bearers elected in theOfce-bearers elected in theth5 Triennial Confereneth5 Triennial Conferene

Kindly add the following in the list ofKindly add the following in the list of

Ofce-bearers elected in theOfce-bearers elected in theth5 Triennial Conferenceth5 Triennial Conference

Treasurer : Sri.S.ChandrasekaranTreasurer : Sri.S.Chandrasekaran

Asst.Treasurer : Sri.R.SivakumarAsst.Treasurer : Sri.R.Sivakumar

We regret for the omissionWe regret for the omission

Ofce-bearers elected in theth5 Triennial Conferene

Kindly add the following in the list of

Ofce-bearers elected in theth5 Triennial Conference

Treasurer : Sri.S.Chandrasekaran

Asst.Treasurer : Sri.R.Sivakumar

We regret for the omission


Pending issues of IOB RetireesWe addressed a letter No IOBRA/GM/ 03/2016 dated 29 May 2016 to Sri.R.KoteeswaranManaging Director and Chief Executive Ofcer on the above subject which reads as follows:We have great pleasure in greeting you on behalf of all IOB Retirees and wishing you as well as our bank a great future. All of us pray that our bank overcomes all the problems confronting it at present and march towards a bright and prosperous future and moves back to the top position. We also pray God to give you the strength to achieve this great task.The bank is fully aware that we have been periodically writing to the bank highlighting the problems faced by them and seeking solution of the problems from the bank. The bank has more or less made it a point not to reply letters received by them from either the individual retirees or Retirees' Association. As the department has no need to reply the letters, the letters as well as the contents of the letters are ignored and not attended to. The Association keeps reminding the Department in person or by letters. The silence and absence of communication on the part of the bank results in frustration in the minds of retirees. This attitude was in the focus in the meeting of the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice

thheld at NewDelhi on 8 February 2016. Shri Pawan Kumar Bajaj, our ED, represented the bank in the meeting. We raised this subject and our bank as well as IBA not responding to letters written to them by retirees came for sharp criticism. Subsequent to the meeting IBA started replying to letters written to them by Retirees' organizations.We are pleased to inform you that IOBRA is also one such lucky recipient of IBA's letter in the rst week of April 2016. I am sure, you will also follow suit and ensure that all our departments and executives also start corresponding with IOBRA as well as retirees. We give below a comprehensive list of letters sent by us Pending with the bank narrating a gist of matters discussed therein. We expect that this letter helps the bank attend to the issues discussed and nd solution to them.

IOB REMAS and New Hospitalisation scheme:ndWe refer to our letter dated 2 September 2015 titled

Tenth Bipartite SettlementHospitalisation Scheme for retired employees: The letter reads as follows “ The Tenth bipartite settlement introduced a new Medical Insurance Scheme in lieu of the existing hospitalisation scheme and the coverage was extended to the existing retired ofcers/ employees of the Banks and dependent spouse subject to payment of stipulated premium by them.

MATTERS TAKEN UP WITH THE BANKContinuation of IOBREMAS: New Medical Insurance scheme to be introduced as an additional facilityOur bank had already introduced IOB Retired Employees' Medical Assistance scheme (IOBREMAS) to cover the retirees of our bank which is in vogue now and the same is contributory in nature. The Bipartite agreement stipulates as follows:The above stated scheme would not supersede t h e c o n t i n u a t i o n o f a n y b a n k - l e v e l arrangement or scheme providing for reimbursement of medical expenses, which is not covered herein, that may be in operation in any Bank..In view of the above clause in the agreement, we request you to continue operation of IOBREMAS without any break, and allow existing and future retirees of our bank to join the scheme as usual. We also request you to introduce the new Medical Insurance Scheme to cover all our retirees as an additional facility along with the existing IOBREMAS.This will entitle the retiree to get mediclaim cover for Rs.1.50 lacs without payment of any premium by the member and continue to get annuall payment of Rs2,000/- towards cost of medicines

Premium to be paid by BankWe wish to inform you that the extension of hospitalisation scheme to past retirees has been done by Indian Banks' Association as per the directive of the Chairman of the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice given to IBA, in the meeting of the Standing Committee held on 28-01-2009 to discuss the grievances raised by our organisation Indian Overseas Bank Retirees' Association, joined by UFBRO. The Committee directed IBA to introduce a Medical Scheme for retirees in the same lines as available for serving Employees.But we nd that IBA has chosen to give a medical scheme to retirees, which is inferior to the one available for serving employees, because, the premium for serving employees is being borne by the banks, where as the premium for the scheme for Retired employees is to be borne by them. This is in clear violation of the directives of the parliamentary Committee. This discrimination will put off a large number of retirees from availing the Insurance cover as most of the past retirees are drawing meagre amount of Pension due to the continued refusal of IBA to grant 100% D.R. Neutralisation and to update their pension.Therefore, we request you to take up with IBA and request them to modify the scheme and


make it available to past and future retirees at par with serving Employees and advise member banks to pay the entire premium of the scheme for Retired employees in fulllment of the Directive of the Parliamentary Committee.

Stand point of the Par l iamentary Committee.It is pertinent to recall at this juncture,the discussion that took place on this subject during the course of t he p ro ceed i ngs o f t he mee t i ng o f t he Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice

thheld at NewDelhi on 8 February 2016. Shri Pawan Kumar Bajaj, our ED, represented the bank in the meeting.Dr. Vara Prasadarao Velagapalli M.P, member of the Committee came out very strongly and questioned the wisdom of the banks and IBA which bore the entire premium payable by the better paid serving employees and asking poorly paid retirees like retired messengers, retired part time employees whose pension is too low.He advised that IBA should bear insurance premium for Retirees as done for serving staff.This was endorsed by other members as well.

Certain Practical ProblemsNow that the scheme has been introduced, our members face quite a few problems. Some of them are:1.There are a number of members who have given willingness authorisation letters to join the scheme as per Annexure-1 of bank's Circular7(F)57 dated 06-11-2015.Yet, premium has not been debited to their account and they have not been admitted into the scheme.1. Brij Kishore 15155 retd sept 2015 2. .M.NazurudeenRoll No25796 3. M.Veil muthu Roll No 5940 4.. Syed Abduur rahmanRoll No146555. Mr. R.P.Baibarta Roll No.33436. Mr. Santanu Halder Roll No.85717. Mr. Ranjit Chaudhuuury Roll No.62378. Mr. P.K.Ghosh Roll No. 990 9. Mr. Haridas Sarkar Roll No.341410. N D Chhadva, Roll no. 7765, PPO No. 504611. Santanu HaldarRoll No: 8571PPO No:1393812. MOHAN.S.KERKAR Roll No284713.. Easwariah Roll No1956114. Sh.Lal Singh Roll no 1118715. P.Ramachandra Menon Roll No 321216. Mr.N P Narendranathan Nair17.Vishwajit Roll No 257782. The bank has suo moto recovered premium from all existing IOBREMAS members and admitted them to new hospitalization scheme. Some of the members have written to the bank, expressing their unwillingness to join the scheme and requested the bank to refund the premium recovered from

them. We request the bank to refund premium recovered from these members.1, 1.K.Mani Roll No 34538 2.N.Sundharambal Roll No28392 3.K.Balasubramanian Roll No. 34420 4.Sri.Jagdish Ram Roll No 69295. Smt.G.Mangalam Roll No 155173.The bank has recovered excess premium from some members.The same has to be refunded1, Ms. Mercy Francis Roll no 16879 She sent a draft f o r p r e m i u m a m o u n t t o W e l f a r edepartment PAD and her account was also debited.by you. Kindly return the DD amount to member2 P D SALIM Roll no 10421; Thiruvalla br debited his accont to the turn of Rs3747 and send the draft to P A D ,later on crediting my pension c o also debited the similier amount3. V.S.Thyagarajan Roll No 4161 Joined newMedical Insce SchemeRemitted Rs3750 on 21-11-15.Dept debited Rs3763 on09-12-2015.Rs3750 to be refunded4, Mrs.K.Ramani Roll No 18189Member joined IOBREMAS on15-10-15 by paying Rs 22,333+409 on 31-07-15.Her acct was debited with Premium in Nov15. She is a clerical member liable to pay Rs9650/= Balance to be refunded5. Mrs, Mukhtiari devi FP Ofcer Premiun Rs3763 recovered instead of clericalRs 2823. excess recovered rs940 to be refunded6. Smt.V.Sai Sundari Mani w/o V.SaiBabu Roll No19647 Already REMAS member remitted Rs7,500/- wrongly Rs7,500/- to be refunded7. V.Jayavel Roll No25296 REMAS Premium Rs5646/- twice Recovered to be refunded8. Syed Abduur rahmanRoll No14655 IOBREMAS membership appln sent with DD for Rs 27100/- Whether admitted? I think Contribution is more; Excess amount remitted should be refunded9. N.Kamakshi PPO 17101 FP4. Even after a lapse of 7 months many members have not received Cashless cards.1, Members in Delhi,Agra,Mathura have not received the cards2, Members who have not received the cardsa. . K.C.Sivan Roll No 28519b, SS RANAc. k.m.sankaran roll no 9393 d. Ram Sagar Ram, Roll No. 26546e. Mr.N P Narendranathan Nairf. Amarnath Royg. S N Bhattacharyah. T.C.Subramaniam ROLL NO 884i. G.P.S.BakshijJagdish Kumar Roll 5571k. Shankar Ailanil. K.R.RadhakrishnanRoll No 5241m. Vijay Kumar Bhatt Roll No435065.We had requested bank to issue receipt for


premium recovered to enable members to claim IT benet BANK TO ISSUE RECEIPT FOR INSC PREMIUM RECOVERED TO CLAIM I.T. BENEFIT6. Domicilary bills Claims made with the bank under new insurance policy are remaining unpaid .Settlement to be expedited.

. Claims made with the bank under new insurance policy as well as under Universal Sampo policy are remaining unpaidUniversal Sampo:1..J.C.BHATROLL NO 4182 Name wrongly spelt in VIDAL Card as BHAJ J.C. Bill Retd to be rectied 23-02-16 Vidal Letter2. 1. Swapan Kr. Sarkar Roll. 47322. Narayan Ch. Das Roll. 260133. Subhas Biswas. Roll. 978 4. Panchu M. Sarkar Roll.18227 5. Aloke Chatterjee Roll. 875 6.Annada Ch. Das Roll. 12440.3. Long pending REMAS Claims Mr.E.S.S.NamboodiriMr. IsaacAshok.B.PalAmar Jit Singh 7245Mohinder Singh 15203Knee- cap operation Bills pending 1. S.Lawrence Roll no 4813 –(9444206322) Knee transplant bill Rs. 307787/- submitted on 15-10-13, retd by C.O on 21-10-13 resubmitted on 10-06-2014 2..K.S.GanesanBill Pending GANDHI BHAVNAGARJOSEPH KURIAN Roll No33421 deceasedREMAS CLAIM Rs17883 pending since 08-04-2015R.Ganesan Roll NO27070 Hospitalisation Bill for Rs 3790 pending since July 2015 (self) Hospitalisation Bill for Rs 3860/- pending since July 2015 (for spouse)UNITED INDIAHaripada Sinharoy Roll No 1001R.Balu Roll No 16810 REMAS Claim HospitalisationRs476981(26-09-15) REMAS Claim HospitalisationRs23432(20-02-16)REMAS Claim DomicilaryTrtRs26942(20-02-16)S.Amarjit Singh Roll No.10435 medical bills of Rs.21598/- on 04/02/16 has been held as per Mr. l.Hariharan, Senior Executive-IOBHelpdesk' telephonic message dt. 21/03/16 for non-submission of original Corronary Angiography and Discharge Report which he has dispatched under Regd. Postal cover No. A KP-528301401.INStatus of bills:Another area of concern in the administration of the health insurance scheme in our bank is the absolute chaos prevailing in PAD. Records are not maintained about the claims received from members,claims handed over to representative of MD India, the details of bills settled, amount for which the bills are settled, amount credited etc.This results in the inability of PAD to track any bill .The dept is placed in a

pitiable condition of total dependence on the TPA This has to be set right and systems have to be put in place for reversing this downward journey

Extending Coverage of New Hospitalisation Scheme and IOBREMAS to disabled Children of IOB RetireesWe refer our letter dated 12-11-2015 titled Extending coverage of IOBREMAS to disabled Children of retirees. The letter reads as follows“The Pension scheme covers the disabled children of retirees and they are paid family pension throughout their life even after the demise of family pensioners. This has been done on a humanitarian ground. We request you to extend cover of IOBREMAS also to these unfortunate disabled children of IOBRetirees who are already included as family pensioners. As you are aware, the number of these children is very meager. Your sympathetic consent to this proposal will go a long way in helping the unfortunate parents of these children.

Pension to Part time employeesWe refer to our letter dated 11th September 2015 titled Tenth Bipartite SettlementPension to part-time employees: The letter reads as follows“ The Tenth bipartite settlement contains the following improvement in respect of Pension to Part- time employees.15(A). Pension for Part-time Employees

stWith effect from 1 November 2012, for the purpose of calculating the amount of pension in respect of permanent part time employees in scale wages who are covered by the Pension Scheme, their actual service shall be reckoned for qualifying service and not pro rata. The actual service/qualifying service shall be calculated from the date of recruitment/appointment as permanent part time employee in scale wages or

stfrom 1 September 1978 whichever is later.This is a welcome step, taken by both the parties i.e IBA as well as UFBU to set right an anomaly inicting injustice to the part time employees. However, it is observed that this clause of agreement lacks clarity and is likely to be interpreted that this will be applicable only in the case of part time employees

stretiring on or after 1 November 2012; whereas it appears to us that the intention of both parties is to give benet of this clause to all the part- time employee retirees, both present and future, but make it effective from 01-11-2012 in respect of past retirees belonging to this category. In as much as the number of past retirees who retired as part time employees is very meager and they belong to economically weaker section and most of them belong to SC /ST category, we request you to implement this in the case of all the part time employee retirees irrespective of their date of retirement.

http://kp-528301401.in/


We request you to t reat the mat ter sympathetically, rex the basic pension of all the past retirees who retired as permanent part time employees in scale wages who are covered by the Pension Scheme, reckoning their actual service for qualifying service and not pro rata and pay pension accordingly.

Revision of interest ratesthWe refer to our letter dated 6 May 2015 titled

Revision of interest rates The letter reads as follows“It is unfortunate that the bank has put a cap on additional interest received by IOB pensioners who are senior citizens. @1% instead of 1.5%. This is a heavy blow toIOBians who have contributed to the growth of the bank.We request you to restore the earlier practice of allowing both staff rate as well as senior citizen's additional interest to IOB pensioners who are senior citizens.

Payment of House Rent Allowance(HRA) and City Compensatory Allowance(CCA) to employees as per Census 2011We refer to our letter dated 03-03-15 titled Payment of House Rent Allowance(HRA) and City Compensatory Allowance(CCA) to employees as per Census 2011. The letter reads as under“We invite your reference to your circular IRD/184/16/2015-16 dated 03-10-15 on the above subject. We also note that your circular is based on IBA circular CIR /HR&IR/E(iv)/E(xi)/2015-16/1187

thdated 7 August 2015 on the subject.The IBA circular referred above contains the following advise to member banks “In view of the fact that HRA of both Ofcers and Workmen and CCA for Ofcers in banks are paid on the basis of classication of areas according to population, employees working in branches situated in places which are upgraded per Census 2011 are eligible to be paid higher rate of HRA and/or higher/lower CCA. This shall be effective from

st1 March 2011. Banks in view of the above, may take necessary steps to recalculate HRA/CCA in places which are upgraded and make payment of arrears, wherever applicable”We observe that you have quoted the above advice verbatim in your above -mentioned circular but curiously mentioned the effective date as 1-10-2015. We also observe that IBA Circular has nowhere given any discretion to member banks to change the effective date according to their sweet will and pleasure. We are very much concerned that the change of effective date for revision of HRA/CCA on the basis of 2011 Census is aimed at denying payment of revised HRA/CCA to workmen and Ofcers who had retired between the period 1st

stMarch 2011 and 1 October 2015. This is unjustied and hence highly objectionable.On verication with other banks, we nd that all other banks have paid revised HRA/CCA to their

ststaff members w.e.f. 1 March 2011. Therefore, stwe request you to Change the effective date to 1

March 2011 in conformity with the instructions of IBA and fall in line with all the other banks and also to recalculate HRA/CCA in places which are upgraded and make payment of arrears to all serving employees and also to employees who had retired after that date. We request you to take necessary corrective action immediately.

D e n i a l o f L e a v e e n c a s h m e n t t o Compulsorily retired employeesWe refer our letter No IOBRA/MD&CEO/05 dtd 2 June 2015 addressed to our MD&CEO titled “Denial of Leave encashment to Compulsorily retired employees.The letter reads as follows“We draw your attention to Indian Banks' Association letter HR&IR 76/H7/E9/755 dated May11,2015 addressed to Chief Executives of Public Sector Banks on Encashment of leave on compulsory Reirement.It refers to an earlier IBA Circular No IBA No PDR/CIR/76/H7/E9/1452 dated November 27 2000 stating that Leave encashment and Travelling allowance on retirement will not be entitled for ofcer whose services are terminated or who is compulsorily retired as a punishment as per Regulation 4 of the OSR 1979/1982. The letter admits that unlike other PSBs State Bank of India permits encashment of leave on compulsory retirement. It also admits that some of the affected ofcers got some relief by approaching various courts.It also refers to Govt. of India Dept of Personnel and Training (DOPT) memo No O.M. No 14028/1/2004-Estt(L) dated 13 February 2006 where it is stated that the Department had also decided that in such cases, where the Government servants are compulsorily retired as a measure of punishment and in whose cases ,if a cut in pension (including Gratuity), has been ordered , the benet of encashment of earned leave at the time of such retirement shall be allowed.It also mentions about a meeting of the HR Committee of IBA . on 06-04-2015 where in the courts decisions and also the Govt of India decision on this matter were discussed. The committee decided to permit ofcers/employees of PSB Banks for encashment of privilege Leave to their credit on Compulsory retirement., in view of similar provision in SBI/Govt of India.It further states that the Managing Committee of IBA, in its meeting held on April 30, 2015, deliberated on the decision/Recommendations of HR Committee nd


decided to permit encashment of PL for compulsory retired employees/ ofcers.However the date of effect of the decision has been kept as 30-04-2015.We have strong reservation about the above mentioned IBA letter for the following reasons;1. When IBA issued instructions to PSBs to deny Travelling Allowance on Retirement for ofcers whose services are compulsorily retired as a punishment, in contravention of provisions in OSR, it was fully aware that SBI was permitting same. The position continues tilldate. The question is why IBA should discriminate Employees and ofcers of PSBS and why the CMDs of PSBs in Management Committee of IBA(including your predecessors) allowed such discrimination?2. The circular also says that Govt. of India Dept of Personnel and Training(DOPT) memo No O.M. No 14028/1/2004-Estt(L) dated 13 February 2006 where it is stated that the Department had also decided that in such cases, where the Government servants are compulsorily retired as a measure of punishment and in whose cases ,if a cut in pension (including Gratuity), has been ordered , the benet of encashment of earned leave at the time of such retirement shall be allowed. Thus for last 9 years IBA was fully aware that it is against the government policy to deny such encahment of leave. Still they decided to continue with this illegal policy of denying leave encashment to CSR bankers. Once again the question arises as to The why IBA should discriminate Employees and ofcers of PSBS and why the CMDs of PSBs in Management Committee of IBA(including your predecessors) allowed such discrimination?3. Even though the bank managements and IBA were fully aware of the illegality of their act of denying the above facility, the HR/IR teams of PSBs and IBA worked overtime and spent crores of Banks'/IBA's resources in ghting legal battles in various courts when the unfortunate victims went to court.4. Now question arises what about bankers who were denied the leave encashment since 2000 in spite of that being paid by SBI, Government of India and instructions of High Courts? The circular says that it is applicable only from April 2015. Therefore we request you to pay leave encashment ( to all those who were denied leave encashment since 2000 ,) alongwith interest @ 15% p.a. (compounded quarterly) or they should be paid encashment at the current salaries in the equivalent stage of the scale of their grade..We also request you to take up with IBA to issue suitable instructions as above.

Payment of Gratuity to Retirees who retired between 01-07-1993 and 31-10-1994 on revised salaryWe refer our letter dated 30-04-2013 titled “Payment of Gratuity to Retirees who retired

between 01-07-1993 and 31-10-1994 on revised salaryThe letter reads as followsThe decision of IBA not to pay Gratuity to Retirees who retired between 01-07-1993 and 31-10-1994 on revised salary was challenged by retirees in Karnataka High Court and the court decreed in favour of retirees. This was challenged by the banks in Supreme Court of India and this appeal has been

thdismissed by Supreme Court on 25 May 2012.We request you to go through the judgment and implement same in our bank and pay the difference in the gratuity to all eligible retirees and oblige.

Rounding off DR payable to PensionersWe refer our letter dated 30-04-2013 titled “Rounding off DR payable to Pensioners..The letter reads as follows“The Dearness relief payable to Pensioners of Central and State governments is rounded off to next higher Rupee.We do not nd any valid reason for continuing payment of DR to our Pensioners in Rupees and paise. Therefore, we request you to round off DR payable to our Pensioners to the next higher Rupee with immediate effect.The extra amount involved will not be more than Rs1.00 lac per annum and we are sure, the bank can very well afford the additional expense.

Sanctioning Stagnation incrementsWe refer our letter titled “Sanctioning Stagnation increments.The letter reads as followsThe Tenth Bipartite wage settlement contained provisions for sanctioning stagnation increments to staff members.We note that the same has been sanctioned to serving employees and ofcers before last year end itself, whereas the same has not been sanctioned to about most of the retirees till date.As a result, these retirees have been deprived of Stagnation increments and revised pension, pension arrears, difference in commutation, gratuity, PF arrears, difference in leave salary etc.We have been taking up this matter with the concerned departments unsuccessfully for more than ten months. We request you to immediately initiate corrective steps.We site below a few cases represented by us:1. P.Isakkimuthu Roll No 41487 Retd 30-06-152.M.K.YadavRoll No 18221; Retired on 31-08-151.Salary arrears (Wage revision) short paid2.Leave encashment arrears(WR) not paid3 ID card not recd4.REMAS card not recd5.SHL liquidqted Title deeds not returned3.Mariano Pedro Diniz Roll No 10146

thTenth BPS: 8 Stagnation increment to be sanctionedw.e.f. 01-01-2014


Rex Basic Pension; pay pension arrearsRelease difference in commutationRelease difference in gratuityRelease difference in Leave encashment4.Ikram Mohd.KhanRoll No12019 Retd on 30-09-13Release of Annual increment due on 01-06-2011FPA Rs 852/- due on 01-06-2012Rex Basic Pension; pay pension arrearsRelease difference in commutationRelease difference in gratuityRelease difference in Leave encashment5.Vijay Kumar Bhatt Roll No43506Release of LFC arrears Rs67472.80Release of PF deducted in wage revision Rs48425.42

Pension for disabled Children:WE refer our letter dated 12-11-2015 on the above subject.The letter states”According to provision in our Pension Regulations, after demise of the pensioner and the spouse, if there is any physically or mentally challenged son or daughter, he / she is entitled to family pension till his / her survival, provided certain norms of furnishing medical certicates, etc., as further specied in the Regulations, are full-lled. However, according to the practice in vogue in our Bank up-till-now, names of such sons / daughters are not mentioned in the Pension Payment Orders. This detail has to be incorporated in PPO

Extending Pension option to CRS RetireesWe refer our letter no IOBRA/MD&CEO/03 dated 30-05-2015 addressed to our MD&CEO titled Extending Pension option to CRS RetireesThe letter states “We invite your attention to our correspondence with the bank in 2010, when the second option for pension was extended to past retirees. We had, at that time pointed out that the exclusion of CRS retirees from the Second option amounts to contravention of Pension Regulations and requested the bank to take up the matter with IBA.Our contention was subsequently proved right in the light of the Supreme Court decision in SLP no 35389/2013 and 35449/2013 dismissing appeal of Andhra Bank Management against the order of Andhra Pradesh High Court. Andhra Bank Management led review petition no 2889 & 2994/2014 against the order. And the same was dismissed by Supreme Court vide order dated 15.01.2015. While delivering the judgement by the Supreme Court on SLP of the bank management, the court has given the ruling that as per the provisions of the pension regulations adopted by member banks in terms of settlement of 1993 “ Retirement “ term also include “ Compulsory Retirement “ for the purpose of eligibility. One more pension option offered to the

employees who were in service prior to 25.09.1995 and retired after and prior to the 27.04.2010 as per the Settlement dated 27.04.2010 also include compulsory retired employees covered under the above period.In view of the above position, the Supreme Court has ruled that it was erroneous on the part of IBA and the member banks managements to issue administrative instruction to exclude compulsorily retired employees from pension options in terms of settlement of 2010. We request you to issue necessary instructions to extend pension option to the eligible compulsorily retired employees in terms of provisions of the settlement of 2010 in view of nal order of the Supreme Court; immediately and oblige. We invite your attention to our correspondence with the bank in 2010, when the second option for pension was extended to past retirees. We had, at that time pointed out that the exclusion of CRS retirees from the Second option amounts to contravention of Pension Regulations and requested the bank to take up the matter with IBA.Our contention was subsequently proved right in the light of the Supreme Court decision in SLP no 35389/2013 and 35449/2013 dismissing appeal of Andhra Bank Management against the order of Andhra Pradesh High Court. Andhra Bank Management led review petition no 2889 & 2994/2014 against the order. And the same was dismissed by Supreme Court vide order dated 15.01.2015. While delivering the judgement by the Supreme Court on SLP of the bank management, the court has given the ruling that as per the provisions of the pension regulations adopted by member banks in terms of settlement of 1993 “ Retirement “ term also include “ Compulsory Retirement “ for the purpose of eligibility. One more pension option offered to the employees who were in service prior to 25.09.1995 and retired after and prior to the 27.04.2010 as per the Settlement dated 27.04.2010 also include compulsory retired employees covered under the above period.In view of the above position, the Supreme Court has ruled that it was erroneous on the part of IBA and the member banks managements to issue administrative instruction to exclude compulsorily retired employees from pension options in terms of settlement of 2010. We request you to issue necessary instructions to extend pension option to the eligible compulsorily retired employees in terms of provisions of the settlement of 2010 in view of nal order of the Supreme Court; immediately and oblige.

Anomaly in Pension-We invite reference to our letter dated 13 May 2013 titled Anomaly in Pension.It reads as underWe recall with gratitude, the bank's benevolence in enhancing the quantum of Ex-gratia paid to pre-


1986retirees and spouses of deceased pre-1986 retirees from July2012. The quantum of Ex-gratia so far paid to was uniform, irrespective of the cadre or grade of the retirees, as per the government scheme, which carefully ensured that it did not create any imbalance or create any anamoly in the pension scheme..But the improvements made by the bank provided for payment of different quantum of Ex-gratia depending on the cadre or grade of the retirees as follows.For Executives from Scale V and above Rs10,000/-p.m

For Ofcers From JMG I to Scale IV Rs. 7,500/-p.mFor Clerical Cadre Rs 6,500/-p.mFor Sub-staff Rs 5,000/-p.mThese improvements have created serious anomalies and and imbalance in the pension scheme of the bank, notable among them are the following.There are a number of pensioners from the category

of clerical and sub staff whose pension amount is much lesser than the Ex- gratia paid to pre-1986 retirees in the same category.There are also many cases, where Ex-gratia granted

to spouses of deceased pre-1986 retirees in the above categories is much higher than the pension granted to retirees in the same category,There are a good number of Family pensioners in all

the four categories, whose family pension is very much lesser than the Ex-gratia paid to the spouses of deceased pre-1986 retirees in the respective categories.In this connection, we draw your kind attention to the following facts.:1. Pre-1986 retirees are not covered by Pension Regulations and consequentially they are not eligible to receive pension, and their spouses are also not eligible to receive Family pension. The Supreme Court also has upheld exclusion of pre 1986 retirees and their spouses from the Pension scheme.2. Ex-Gratia is sanctioned to them only in view of the above fact. They are also not required to surrender any amount of PF received by them.3. In consideration of the above facts, the quantum of Ex-gratia paid was kept at a lower level as compared to the pension payable to them if they are otherwise eligible.We request you to examine the above mentioned anomalies and take corrective action to the benet of the Pensioners and family pensioners.We suggest the following action plan for your consideration.1. Identify Pensioners in various categories/cadres who are drawing total pension(B.P+D.R) which is lesser than the Ex-Gratia amount paid to the respective categories of pre-1986 retirees.2. Similarly, Identify Family Pensioners in various categories/cadres who are drawing total Family pension(B.P+D.R) which is lesser than the Ex-Gratia amount paid to spouses of deceased pre-1986 retirees in the respective categories.

3. Make payment of the difference between the Pension/Family Pension amount and the ex-gratia to the Pensioners and family pensioners w.e.f 01-07-2012 and establish parity.This amount may be charged to the P&L account. We would like to discuss the matter as soon as the particulars are collected by you in this regard. Your early action will serve as a healing touch to the affected and aggrieved Pensioners and family pensioners.

Regulation 18 0f Pension Regulations thWe invite reference to our letter dated 15 June 2010

titled Regulation 18 of Pension Regulations.It reads as under“In terms of Regulation 18 of the Pension Regulations, if the period of service of an employee includes broken period of service, less than one year, then if such broken period is more than six months, it shall be treated as one year and if the same is six months or less, it shall be ignored .In the year 1999, the Govt of India approved an amendment to this regulation recommended by IBA, adding a provision reading” Provided that provision of this regulation shall not be applied for determining the minimum service required to make an employee eligible for pension “ Based on this, the banks have been refusing to apply this regulation for determining pension eligibility.. This was challenged before the High Court of Kerala at Ernakulam. The Hon'ble judge gave a ruling that the Regulation is applicable for determining the eligibility for pension also. As this judgment is in the nature of interpretation of the Regulation, the judgment is applicable for all similar cases in all banks.We are attaching a copy of the judgment for your perusal. We request you to implement same in our bank also..Further, we observe that this regulation is not given effect in any case in our bank and the broken period is totally ignored, even if it is 11 months for the purpose of determining Basic pensionIn the Case of VRS 2000 retirees, for the purpose of adding 5 years to the qualifying service in terms of Regulation 29(5), Regulation 18 was not applied for determining 20 years of service. Many retirees who had put in 19 years 11 months service were not considered for addition of 5 years in terms of Regulation 29(5). In this connection we refer to the case of Sri. Madhavanand G.Bhatt(P P O No3787)We request you to interfere and render justice by rexing Basic pension in all the cases.

13. Regulation 18 0f Pension RegulationsWe invite reference to our letter IOBRA/MD&CEO/03 /A dated 30-May 2015 under the same title.It reads as underIn terms of Regulation 18 of the Pension Regulations, if the period of service of an employee includes


broken period of service, less than one year, then if such broken period is more than six months, it shall be treated as one year and if the same is six months or less, it shall be ignored.We brought to the notice of the bank vide our letter

thdated 15 June 2010 that this regulation is not given effect in any case in our bank and the broken period is totally ignored, even if it is 11 months for the purpose of determining Basic pension. We also pointed out that in the Case of VRS 2000 retirees, for the purpose of adding 5 years to the qualifying service in terms of Regulation 29(5), Regulation 18 was not applied for determining 20 years of service. Many retirees who had put in 19 years 11 months service were not considered for addition of 5 years in terms of Regulation 29(5). In this connection we referred to the case of Sri. Madhavanand G.Bhatt(P P O No3787)Our letter has not been attended to and the matter was not treated with the seriousness it deserved. The Dept has been maintaining that Retirees who have not completed 20 years of service are not entitled for addition of 5 years to their pensionable service.Subsequently, the bank unilaterally reduced Pension amount for a number of retirees from the month of April 2012 onwards and has sent to them a letter demanding that they refund within 15 days an amount specied in the letter to PAD Pension cell as they were not eligible to receive payment of same. We objected to this move of the bank vide our letter IOBRA/GM/004/12 dated 14 June 2012. We requested the bank (IOBRA/GM/006/12 dated 28-08-12) to order restoration of pension of these pensioners to March 2012 position and drop demand for remittance of the amount contained in your letterdated11-05-12 .We also request you to order rexation of basic Pension by adding upto 5 years of Qualifying service in the case of ALLretirees under VRS 2000 scheme who have put in 19 years and 6 months and above by applying provisions of Regulation 18 of Pension Regulations.A few of the affected pensioners approached the High Court of Madras. The court passed an order of Ad Interim Injunction on 28 January 2014restraining the bank from making any future recoveries from them pending disposal of the main Writ Petitions.Recently, the issue was the subject matter of Civil Appeal No.172/ 2010 ( State Bank of Patiala v/s Pritam Singh Bedi & others ) in the Supreme Court of India wherein the Court has delivered the judgement conrming the decision of Punjab and Haryana High Court and directing the bank to extend benet of notional service to those voluntary retired employees who completed more than nineteen and half years service too. Further, now Supreme Court has dismissed review petition led by Sate Bank of Patiala vide its order dated 3.12.2014 and the judgement has become nal.In view of the above order, we request you to order

restoration of pension of these pensioners to March 2012 position and drop demand for remittance of the amount contained in your letterdated11-05-12 .On application of Regulation 18, a recent judgment of Supreme Court of India is noteworthy.We refer to the Supreme Court decision in Civil Appeal No.172/ 2010 ( State Bank of Patiala v/s Pritam Singh Bedi & others ) wherein the Court has conrmed the decision of Punjab and Haryana High Court and directed the bank to extend benet of notional service to those voluntary retired employees who completed more than nineteen and half years service too. Further, Supreme Court dismissed review petition led by Sate Bank of Patiala vide its order dated 3.12.2014 and the judgement has become nal.We also request you to order rexation of basic Pension by adding upto 5 years of Qualifying service in the case of ALL retirees under VRS 2000 scheme who have put in 19 years and 6 months and above by applying provisions of Regulation 18 of Pension Regulations

Regulation 26 0f Pension Regulations thWe invite reference to our letter dated 15 June 2010

titled Regulation 26 of Pension Regulations.It reads as under“We invite your reference to Regulation 26 of our Pension Regulations conferring eligibility for addition to qualifying service in special circumstances.. As per this regulation, employees who were given age relaxation over and above the maximum age limit at the time of recruitment are eligible for this addition to qualifying service for superannuation pension.In our bank, specialists ofcers like engineers, Chartered Accountants, Law ofcersand Agricultural ofcers and candidates belonging to SC/ST communities were given this age relaxation of atleast ve years. But we are informed by members belonging to this category of employees, who are retired, that they are not given the benet of addition to qualifying service in terms of this regulation.We request you to look into this, review the cases of all the retirees belonging to the above category of employees and rectify the mistake. We invite your special reference to Specialist ofcers, (Agricultural ofcers) recruited in1976 as well as Specialist ofcers (Chartered Accountants) recruited in 1979, Specialist ofcers (Law ofcers, recruited with Bar Experience in 81-83) and S C/S.T employees recruited, giving who have been denied the addition.. We request you to render justice to the aggrieved members..

Extending benet of Regulation 26 of Pension Regulations to specialist ofcers

thWe invite reference to our letter dated 13 May 2013 titled Extending benet of Regulation 26 of


Pension Regulation to specialist ofcers. It reads as under

th“We invite your reference to our letter dated 15 June 2010 on the above subject. We have not heard from the bank till now.In the meantime, we have come across a judgment of Madras High Court in the matter of writ petition 14354 of 1997 between Thirikooda Rajappan P Vs Vijaya Bank wherein in the court held that the retiree is entitled for the benet of Regulation 26Similarly, Hon'ble A P High Court vide its order dated 10-02-2010 in writ petition No 22754 of 1999 between T.V.Chalapathi Rao and others vs State Bank of Hyderabad held that the petitioners are entitled for the benet of Regulation 26In the light of these judgments, we request you to render justice to our similarly placed specialist ofcers, by extending the benet of Regulation 26 and rex their pension suitably, at the earliest.

Sensitising personnel handling Retirees' matters

thWe invite reference to our letter dated 7 July 2011 titled Sensitising personnel handling Retirees' matters.It reads as under“The following matters handled by Personnel Department relate to the retirees, Pension, Provident fund, Gratuity, Leave encashment, REMAS. Of these, the rst four are payable to the retiree on his retirement and he has to become member within three months of his retirement. There are certain formalities to be completed on the part of the retiree as well as branch, Regional ofce and different departments of CO for disbursement of Pension, gratuity and leave encashment and refund of member's contribution of PF.All the three categories of retirees i.e Those who retired on superannuation, those who retired under VRS Scheme and those who were ret ired compulsorily as punishment are entitled to receive all the above retrial benets. The general expectation of every retiree is that he/she gets all the benets immediately on retirement. The ideal situation is that the bank gives all the retirement benets to the retiree on date of retirement itself. But the ground reality is far removed from the ideal as the ideal is seen only as exceptions. The general perception of retirees is that only the inuential and preferred retirees are beneciaries of the benevolence of management that they get their benets on the retirement date. The silent majority are not recognized t for any decent treatment by any quarter of the bank. Settlement of retirement benets happens on piecemeal basis. There is no recognizable time frame for this. It is amazing that there is time limit for payment of cheques, issue of DDs and collection of cheques and non adherence to the time schedule is punishable, but there is no time schedule for settlement of retrial benets and no one is accountable for any delay in this. Delay of one

month has become the order of the day. There are cases of delay going beyond two/three months in many cases. The situation is fast deteriorating and it calls for immediate remedial action. We regret that this deterioration is going unrecognized and all the concerned departments are not showing any concern. We suggest that a study is undertaken to assess the situation.The same lack of concern was visible in the matter of settlement of arrears of wage revision consequent to

th9 bipartite wage settlement dated 27-04-10, to the retirees. While the arrears payable to serving employees was done on priority, the arrears payable to retirees and consequent revision of Pension and gratuity was inordinately delayed. Same thing can be said of stagnation increment. There are some retirees who have not received their stagnation increment even today. There is no logical explanation for this state of affairs. The cause is attitudinal. It seems that things are taken for granted and the bank seems to think that there is nothing wrong. Letters written by retirees complaining about such things, even if they are addressed to General Manager are handled by the department, many times lie unattended and almost never replied. The absence of any system of internal or external inspection or audit has removed any trace of accountability and resultant responsibility from the department.We quote some examples: The case of Mr.Daya Shankar Lal, Station Road

Branch, Gorakhpur. Member gave VRS application in October. No Communication from CO till December. Approached CO,received some routine reply, gave fresh application, fresh notice period of three months was demanded by CO,which he served and

stultimately relieved on 31 March 2011. For no reason his PF settlement was delayed for

more than two months and ultimately, it was done around17th June 2011 after we chased the matter with the DCO PAD. His Gratuity and pension have not

thbeen sanctioned till date i.e 29 June 2011-nearly three months after his relief.Sri.Anantha Kumar Saha Roll No.14586 retired on

31-01-11. But his pension has not been sanctioned till date, clearly six months after his retirement. Reason given by Dept is that they have not received the papers. Member says that he never received any form from CO Pension cell. When Pension cell does not receive any application for six months should they not be concerned and nd out as to what happened? Should they not take steps proactively to ensure that all formalities are completed and pension sanctioned expeditiously?Many retirees do not get application for IOB REMAS

at the time of retirement and not advised about details of the scheme and hence they do not apply for same within stipulated time.We list below some of our random thoughts on this subject.


1. We suggest establishing one unied functional Department named Terminal Benets settlement Department at CO for the purpose of handling matters pertaining to all terminal Departments2. We know the date of retirement of all the employees. Similarly, employees are to give notice if they opt for VRS. Therefore the Department should set the process in motion three months in advance.3. All the forms to be submitted by the employee for getting his retrial benets- Pension, PF, Gratuity, Leave encashment, IOBREMAS i.e Pension application, Family pension application, Nomination, Pension Commutation application, papers for Gratuity, Application for IOBREMAS, along with instruction sheet for lling up the forms Should be put together in an envelope and sent to the ofce where he is attached and delivered to him on the rst working day of the third month preceding his retirement or on the eighth working day after acceptance of member's VRS application. This should be accompanied by instructions if any for branch, Regional ofce, other Departments at CO4. Bank should provide all relevant information about the member available in the service records of the member in the relevant columns of the forms.5. While forwarding the forms, should advise the member the details of Basic Pension, Family Pension, Pension Commutation amount, Gratuity receivable, Leave encashment amount, Provident fund amount, working sheet for pension and gratuity, and the tax liability on account of the retrial benets6. Bank should also advise comprehensive details of all secured and unsecured borrowings of the member from the bank(along with list of securities held by the bank for the borrowings) Balance outstanding in each account and the total amount to be adjusted out of the terminal benets.7. Bank should also advise the member details of disciplinary proceedings against him and advise a schedule to conclude the proceedings before the retirement date8. Bank should also advise the member about any lien it proposes to exercise on the gratuity or other terminal benets on account of loss suffered etc by the bank. Items detailed under 4,5,6 and 7 should be done while sending forms as detailed in 2.9. Completed forms duly attested by relevant

thauthorities should reach CO before 15 of the same month.10. All necessary clearances from concerned ofces, branch, Regional Ofce or CO Departments including Vigilance clearance to be obtained before the end of the same month11. The TDS Dept should monitor closely to ensure that the forms and clearances are received within the stipulated time.

12. TDS Dept will process the forms, take administrative sanction and complete necessary formalities within 15 days of receipt of forms.13. TDS Dept will prepare necessary PPO, Identity card, PF Statement etc before the end of the month(Second month preceding retirement) 14. TDS Dept will issue BCs for Pension Commutation, Gratuity, Members contribution of PF, Voluntary PF, Leave encashment,( after adjusting all dues to the bank) dated last date of the month of members retirement a no due certicate and also a farewell letter issued by bank under the signature of the CMD and send them to branch/ofce where the member is

thworking so as to reach before 20 of the month of members retirement15. The head of the branch or the ofce of work of the member, will present on the last woking day, the PPO, identity card, all BCs, relieving letter, certicate of service, no due certicate, letter of admission to IOBREMAS and farewell letter to the member in a solemn function, and obtain necessary receipts for bank's records.Similar time bound action plan should be drafted for sanctioning Family Pension also. These steps will build a strong bond of love between the retiree and the bank. We also recommend that measurable standards of performance are set for these departments and a proper system of reporting to higher authorities is introduced. Periodical performance review as well as audit/inspection covering nancial and functional aspects as well as adherence to time schedule will ensure efciency of functioning of the departments.These suggestions can be further rened after detailed discussions. We are hopeful of receiving positive response from the bank on these suggestions.

Welfare Fund for Retirees : Representation of retirees in staff welfare committees/ IOBREMAS TrustWe invite reference to our letter dated 10-11-2012 titled Welfare Fund for Retirees Representation of retirees in staff welfare committees/ IOBREMAS Trust The letter reads as under“The IOBREMAS is funded out of income generated from the Corpus Fund which has been built out of the one time contribution made by the retirees at the time of their admission into the scheme after their retirement from the bank. This is also supplemented by way of periodical contribution made by bank from staff welfare fund as per the government directives in this regard. The corpus Fund is of sizeable amount and for good orders' sake the Scheme should be run by a TRUST and the fund should be deposited in the name of the TRUST. These funds should become the exclusive property of the trust so that the scheme is run smoothly. The IOB REMAS TRUST should be


constituted with representative of the Bank Management as well as our Association, being representative of the retirees.Similarly, as, IBA as well as the Govt had recognized the right of Retirees to have a share of the Staff Welfare Fund of Banks, We request you to nominate one of our nominees in the Staff Welfare Committee of the Bank along with the nominees of AIOBEU as well as IOBOA.

M a n a g e m e n t o f P e n s i o n F u n d : Representation of Retirees' OrgnisationWe invite reference to our letter dated 12-11-12 t i t l e d Management o f Pens ion Fund : Representation of Retirees' orgnisation. The letter reads as underThe IOBREMAS is funded out of income generated from the Corpus Fund which has been built out of the one time contribution made by the retirees at the time of their admission into the scheme after their retirement from the bank. This is also supplemented by way of periodical contribution made by bank from staff welfare fund as per the government directives in this regard. The corpus Fund is of sizeable amount and for good orders' sake the Scheme should be run by a TRUST and the fund should be deposited in the name of the TRUST. These funds should become the exclusive property of the trust so that the scheme is run smoothly. The IOB REMAS TRUST should be constituted with representative of the Bank Management as well as our Association, being representative of the retirees.Similarly, as, IBA as well as the Govt had recognized the right of Retirees to have a share of the Staff Welfare Fund of Banks, We request you to nominate one of our nominees in the Staff Welfare Committee of the Bank along with the nominees of AIOBEU as well as IOBOA.

Setting Up Grievance Cell. We invite reference to our letter dated 19-04-10 and 18-1-2011 titled Setting up Grievance Cell.The above mentioned letters read as under:The Indian Banks' Association,vide its Circular No. CIR: HR&IR/GS/2008-09/3059 dated 30-03-09 had asked member banks to establish grievance cell for redressal of grievances of retirees. Main features of this mechanism are as under:1.Grievance cell will be established at corporate level of banks.2.Grievances can be submitted by individuals as well as Association of Retirees.3.Banks have been asked to hold talks with the representatives of retirees' associations on periodical basis say once in a half year, so that the grievances can be settled across the table..We consider this as one of the milestone achievements of the retirees' movement under the banner of AIBRF. It is a matter of great satisfaction

for us as this is a direct outcome of the meeting of the Parliamentary Standing Committee on Pension, Public Grievances, Law and Justice held on 28-01-09 under the chairmanship of Dr. E.M.Sudarsana Nachiappan,M.P to discuss the grievances raised by our o rgan iza t ion , I .O .B .Ret i rees ' Association. You will nd a mention of this meeting in the opening sentence of the above mentioned IBA communication reading “IBA along with the Ministry of Finance ofcials had recently appeared before the Parliamentary Standing Committee on Pension, Public Grievances, Law and Justice on a representation made to the committee by the retired bank employees”.

thWe invite your reference to our letters dated 26 thJune 2009 & 26 December 2009 and our

reminder dated 19-04-2010 on the above subject addressed to the General Manager. We had also reminded during our personal meetings with him and brought to his notice the circulars issued by other banks like Bank of India, UCO Bank, Canara Bank, Bank of Baroda etc advising the establishment of Grievance cells and holding regular meetings of the cell. In all these banks the Grievance cells are headed by General Manager and the meetings are addressed by CMD/ED, which indicate the importance given by the banks to the Grievance Cell.We are disappointed at the lack of any response from our bank even after a lapse of nearly two years of the receipt of IBA Circular in this regard, in spite of our various letters and reminders. Retirees in our bank and we, in IOBRA are not getting due attention in the matter of resolution of our grievances. Whenever members write to the bank either to the branches or central ofce ventilating some grievance, they do not get a reply. Many of the letters written by our Association also remain unanswered. Under these circumstances, the IBA circular advising banks to constitute Grievance Cells came as a silver lining in dark. We do not understand why our bank is reluctant to go ahead and set up the Grievance cell and make it functional.We seek your intervention in this matter and request you to initiate steps to set up grievance Cell at the corporate level as well as regional levels so that the retirees can get their grievances redressed in a nearby place.”We had been following up the matter with the GM on a regular basis and the consistent reply we were getting was that thre is no need to hold any meeting of the Committee,We raised this matter in the recently held meeting of the Parliamentary Standing Committee on Personnel, Public Grievances,

thLaw and Justice held at NewDelhi on 8 February 2016. Shri Pawan Kumar Bajaj, our ED, represented the bank in the meeting. We mentioned that the Grievance Cell set up in our bank is non functional and the Grievance Committee has not held even one


meeting in our bank.IBA assured to interfere. IBA had kept up its assurance and issued communication CIR/IR&HR/GS/2015-16/2263 dated March 9 of 2016 to member banks on the subject.We are sure that the bank has received the communication and will activise the Cell.

Improvements in Pension paymentWe invite reference to our letter dated 07-01-15 titled Improvements in Pension payment The letter reads as under:-We invite your reference to the meeting the

thundersigned had with you on the 7inst. We thank you for the same. We raised the following matters during themeeting.1. Family PensionThe present practice of sanctioning family pension on the demise of Pensioner is cumbersome and time consuming. We would like to draw your attention that the Pension application submitted by the employee contains all the relevant details of family pensioner, necessary for the bank to sanction family Pension. The photo, signature, amount of family Pension etc are contained therein and the same is incorporated in the PPO also. We have gone through the application for Family Pension in other banks like Bank of Baroda where the application is quite simple. We attach the Bank of Baroda application and also a draft of simplied application for FP for use in our bank. We request you to simplify the procedure and the application form for applying for Family Pension.2. Life Certicate :At present we are required to furnish life certicate at Pension Payment branch.We request you to permit IOB Pensioners to submit life certicate at any branch of IOB. After producing the ID card issued by branch or PPO for the purpose of identication. Central Government has already launched d ig i ta l l i fe cer t icate for Govt Pensioners”Jeevan Praman” Canara Bank has already introduced submission of Lif Certicate at any of their branches.3.Photo Identity Card: We started issuing Photo ID cards to our pensioners in2006/07 .The cards issued are 9 years old and are due for replacement. We request you to issue fresh Photo I.D Cards to all our Pensioners and family pensioners at the earlest.4. Payment of retrial benets on the date of superannuation: Recently the Central Govt has introduced Payment of retrial benets to its employees on the date of superannuation. We have already made a similar request on behalf of our retiring employees.Banks like Central Bank of India, SBI and its subsidiary banks are already practicing this for their staff.We are thankful to you for accepting these requests and assuring implementation of rst three requests

and examining implementation of the fourth after going through the Govt scheme and other bank practice.We once again thank you for this gesture of love and care for the retirees.

Bank Account of our AssociationWe invite reference to our letter dated 10-10-13 titled Bank Account of our Association. The letter reads as under“We are maintaining our Account with our M.C.C.Campus Branch. We also have some small deposits also with the branch.As you are aware, our members are all retirees of our bank and they are senior citizens. The fund of our Association is built up from the subscription received from members out of their pension amount.At present our account is treated as a general account. It will be a great help for us if the account is treated as Staff and senior citizen account and the additional interest is given to us as applicable to Staff and senior citizen account. We request you to accede to our request and pass suitable orders. This facility may also be extended even if the account is opened/shifted to any other branch of our bank.

4. Locker RentWe i nv i t e you r r e f e rence t o C i r cu l a r EST/61/2013-14 dated 28-09-2013 issued by Banking Operations Department titled Revision of Service Charges. The circular provides for a uniform concessionary Safe Deposit Locker rent for staff members at all centres. The IOB retirees also are enjoying the staff rate of locker rent. Even though the fact remains as above, our members are experiencing great difculty in this regard. Locker rent at public rate is recovered from our retirees also. When our members approach the branches, they are advised that the new staff rate has not been incorporated in the branch systems by C.P.P.D. Further, the footnote in Chapter XI Safe Deposit lockers and safe custody Charges declares “ 2 0 % C o n c e s s i o n a l l o w e d f o r s e n i o r citizens(persons of age of 60 years and above) and we feel the 20% concession is applicable to all the items mentioned in the chapter including Locker rentTherefore we request you to advise CPPD to incorporate the revised Staff Locker rent rates as well as 20% concession allowed for senior citizens in the CBS package and extend same to all IOB Retirees.As the branches have already recovered Locker rent from our retirees at the public rate after 1-10-2013 , we request you to advise CPPD to calculate and refund the excess locker rent recovered from members to them immediately.


Request for facilities for Our AssociationWe had earlier written to you informing you that our Association has been registered under Trade Unions Act 1926 on 19-04-2013 with the Registration No 476/KPM. You may also be aware that our association has a large membership heading towards the 5000 mark.With a view to improve the efciency of our organization we seek the following facilities from your goodselves.

Check-off facility:We are collecting annual subscription of Rs300/- from our members. As ours is an organization of Retirees who are all above 60 years, the work relating to collection of annual subscription, is cumbersome and has lots of practical problems for both our members as well as the Association. As the number of retirees in our bank has already crossed 14000 and growing at a very fast rate, it will be at par with the number of serving staff in the near future. Therefore the process of collection of subscription of our Association has to be streamlined so that it is smooth and less cumbersome. We would like to do away with handling of instruments like Cheques, DDs by members, branches(issuing/Collecting) as well as Association. We can achieve this only with your help. We request you to help us by providing us Check-off facility for collection of annual subscription from our members as done in the case of Employees' Union as well as Ofcers' Association. As we are a Registered Trade Union, we are entitled for this facility as extended to other Registered Trade Unions. The annual subscription can be recovered to the debit of the members' Savings/Current Account of the Pensioners on the date of Credit of Pension for the month of March every year through CBS.We once again request you to help us by providing us Check-off facility for collection of annual subscription from our members.

Ofce spaceOur Association has been functioning since inception, at the residence of the General Secretary, earlier at Bangalore and presently at Chennai. The ofce work was earlier managed manually for twelve years till 2005 and now most of our work has been computerized. The volume of work warrants two/ three persons working close to 5 hours a day. Therefore regular ofce set up with necessary infra structure is the need of the hour for efcient functioning of our Association. As the resources at our disposal is quite meager, we can not afford to spend on ofce rent and maintenance expenses. We request you to help us by providing500-800 Sq. ft of furnished ofce space with equipments like PC printer, telephone etc, as provided to Registered Trade Unions like AIOBEU/IOBOA.We request you to

Basic Pension anamoly.We invite reference to our letter dated 20-02-2012 titled Grievances raised by IOBRA before the Parliamentary Standing Committee on Personnel, Public Grievances, Law and JusticeIndian Overseas Bank retirees Association, (IOBRA) representing the retirees of Indian Overseas Bank, afliated to the All India Bank Retirees Federation, New Delhi, raised three grievances relating to VIII Bipartite wage settlement between Public sector bank Managements and award staff/ofcers' organizations in respect of pending issues of pensioners, vide our letter dated 4-10-2006 addressed to the Chairman of the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice, New Delhi.Grievance No2 raised in the letter relates to the correction of pension aberration and restoration of 50%of last drawn pay as Basic pension to post 01-4-98 and future retirees. The issue in brief is as follows:“Regulation 35 (2) of Pension Regulations states that ….” The amount of Basic Pension shall be calculated at 50% of the average emoluments”In the VII Bipartite settlement, a new denition of “Pay for the purpose of Pension” was introduced, in contravention of Regulation 35(2).This resulted in reducing the Basic Pension payable to the pensioners from 50% of basic pay to 41% of Basic Pay.This illegality was sought to be rectied in the VIII Bipartite settlement which restored and re xed Basic pension of retirees at 50% of the actual average emoluments drawn by the retirees.The correction of pension aberration and restoration of 50%of last drawn pay as Basic pension to post 01-4-98and future retirees has been given prospective effect from 1-5-05. As it is only a correction of an earlier mistake, we had demanded that this has to be given effect from the date of retirement of the pensioner concerned and the difference in commutation value of pension also has to be paid to them. The denial of payment of arrears of pension as well as commutation difference inicted huge monetary loss to the retirees. Therefore we raised this as a grievance before the Parliamentary Committee. A copy of our letter to the Chairman of the Parliamentary Committee was endorsed by us to the Chairman of our bank also.The Chairman of the Parliamentary Committee, Dr. .Sudarsana Natchiappan,M..P, forwarded the representation to the then Chairman of our bank S r i . T. S . N a r a y a n a s a m i , v i d e h i s l e t t e r EMSN/PG/12/2006 dated November,6,2006, requesting that each and every request/ grievance made by them in their representation may be answered. He also advised that After getting the reply from you, the Committee may take it as a public grievance issue and request you to appear before the Committee regarding that aspect, if necessary.Ultimately, our letter was taken as public grievance,


a meeting of the Parliamentary Committee took place thin New Delhi on 28 January 2009 and all the

Grievances were discussed. The then Chairman of our bank Sri.S.A. Bhat appeared before the Committee. No concrete solution could emerge in the meeting as well as subsequent meetings we had with either Joint Secretary Banking, Govt of India or with top ofcials of IBA as the matter was the subject matter of a number of writ petitions led by a number of retirees and pending decision by various High Courts.We are glad to inform you that the matter has now been decided in High Court of Karnataka. High Court

stof Karnataka, in its order dated 21 April 2011 on Writ Petition47033/2001 between Sri.B.N.Hegde, Sri.A.S.Vijayakumar, Sri.N.Swaminathan and Sri.N.Govinda Rao Vs Indian Overseas bank has ordered that the petitioners are entitled to payment of pension calculated on the basis of actual pay,xed, personalpay,special pay and other allowances and emoluments drawn by them during the last 10 months of their service in the bank as provided under Regulations35 and38 of the Pension Regulations together with Dearness Allowance thereon and the respondent( Indian Overseas bank) shall pay the differential amount of pension and the commutation value of pension to the petitioners on that basis, within a period of eight weeks, if not earlier and in the event of failure to make the payment as above, the bank shall be liable to pay interest at the rate of 10% on the said amounts till the date of payment. The above order also extends the benet of increase in qualifying service by a period not exceeding ve years in terms of Regulation 29(5) of pension Regulations to the petitioners who retired under VRS2000 scheme.These orders vindicate the stand taken by us on this matter that the denial of the benet retrospectively from the date of retirement is illegal.

thWe called on IBA on 5 March 09 to follow up the matters discussed in the Parliamentary Committee. In the matter of Anomaly in respect our demand for giving retrospective effect to restoration of 50%of last drawn pay as Basic pension to retirees who retired between 01-4-98 and 2002, IBA told that they will wait for the verdict in a couple of court cases which is likely to happen very shortly. They assured us that if the verdict is in favour of the retirees, it will be implemented immediately.Subsequently, in the Common Judgement delivered by Justice D.K.Jain and Justice R.M.Lodha of Supreme Court of India in Civil Appeal Nos 1942 to 1957 of

th2009 on 27 March 2009 the Hon'ble Judges have held that the employees are entitled to the weightage in terms of regulation 29(5) of Pension Regulations and that the “banks shall now recalculate, within one month from today, the pension payable to the concerned employees by giving them the benet of Regulation 29(5).”

On receipt of the judgment, Indian Banks' Association immediately sent communication to all member banks directing them to extend the benet of Regulation 29(5) to all the VRS optees of the VRS scheme 2000 who are pensioners and pay the arrears to them.The above judgment of the High Court of Karnataka is identical in nature to the Supreme Court judgment mentioned above and the implementation should also be in similar lines and the benet be extended to all the similarly placed retirees and the differential amount of pension and the commutation value of pension should be paid to all of them .As far as this matter is concerned, the members have been ghting this case for the last 11 years and the benet to be passed on to them is marginal and in the nature of one time payment. Therefore, we request you not to drag on this matter any further by resorting to further legal action and to implement this order of High Court of Karnataka in the case of all similarly placed retirees of Indian Overseas Bank also immediately.This was followed up with our letter dated 16-03-2012 titled High Court of Karnataka, order

s tdated 21 April 2011 on Writ Petition 47033/2001, request for disbursing arrears to all similarly placed retireesThe letter states as follows

“We are informed that the Division Bench of Karnataka High Court compris ing Hon'ble Sri.Vikramjit Singh,Chief Justice and Hon'ble Mrs.Justice. B.V.Nagarathnamma has dismissed the writ appeal 4269/2011 led by State Bank of Mysore and other banks on the above judgment by its order

thdated 8 March 2012. The Hon'ble judges have commented that the extremely scarce time of the Court as well as the Bank's resources have been avoidably and unnecessarily expended on an excercise of futility.Therefore, we request you to implement this order of High Court of Karnataka in the case of all similarly placed retirees of Indian Overseas Bank and pay differential amount of pension and the commutation value of pension also immediately.

Welfare Fund for RetireesWe draw your reference to our letter dated 15-03-2012 titled Welfare Fund for Retirees. The letter reads as underWe invite your reference to the Government Guidelines F.No.14/7/92-IR (Vol.II) dated 24.2.2012, revising the ceiling on allocation of 3% of prots of Banks for Staff welfare funds. The Public sector banks have been classied into three categories for this purpose in the above Guidelines. We observe that our bank comes under the second category i.e PSBs with


business mix of over 150,000 crores to Rs.300,000 crores and employee strength of 20,000 to 30,000 and the cap on the 3% allocation has been increased from the present level of 15 crores to 20 crores.In this connection, we would like to bring to your esteemed attention an assurance/undertaking given by your esteemed predecessor Sri.S.A.Bhat before the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice, on 28-01-09.

Meeting of the Parliamentary CommitteeIndian Overseas Bank retirees Association, (IOBRA) representing the retirees of Indian Overseas Bank, afliated to the All India Bank Retirees Federation, New Delhi, raised three grievances relating to VIII Bipartite wage settlement between Public sector bank Managements and award staff/ofcers' organizations in respect of pending issues of pensioners, vide our letter dated 4-10-2006 addressed to the Chairman of the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice, New Delhi.The Chairman of the Parliamentary Committee, Dr. .Sudarsana Natchiappan,M..P, forwarded the representation to the then Chairman of our bank S r i . T. S . N a r a y a n a s a m i , v i d e h i s l e t t e r EMSN/PG/12/2006 dated November,6,2006, requesting that each and every request/ grievance made by them in their representation may be answered. He also advised that After getting the reply from you, the Committee may take it as a public grievance issue and request you to appear before the Committee regarding that aspect, if necessary.Ultimately, our letter was taken as public grievance, a meeting of the Parliamentary Committee took place

thin New Delhi on 28 January 2009 and all the Grievances were discussed. The then Chairman of our bank Sri.S.A. Bhat appeared before the Committee.During the course of the meeting of the Parliamentary Committee, IOBRA had represented that the staff welfare fund allotted by the banks should be proportionately made available to the retirees and the utilization of the amount should be determined by the bank in consultation with the retirees' organization.In this connection, a reference was made to the Central Government's suggestion contained in letter

thNo. F. No 12/6/32/2006-IR dated 7 February 2007 written by the Under Secretary to the Government of India, Banking Division, Department of Economic affairs, Ministry of Finance, to the Chief executives of all Public Sector Banks, to consider, with the consent of their boards, allocation of some funds for welfare of retired ofcers/Employees and Indian Banks' Association circular No.CIR/FD/76/674/2006-07/1330 dated February 28, 2007 communicating same. IOBRA submitted that this has not been implemented

by banks and requested for making the suggestion as a directive and making the allotment mandatory.Sri.S.A.Bhat, Chairman and Managing Director, Indian Overseas Bank, in his speech supported this demand. For a query as to why no allocation has been made for retirees, Mr.Bhat expressed his helplessness. He suggested that the cap of 15 Crores be revised upwards.He also assured the committee that he will allocate the entire additional allocation exclusively for the retirees. As this assurance was made to the Parliamentary Committee, it amounts to a commitment to the Parliament.In the light of the above , We request you to honour the Commitment made by your esteemed predecessor to the Parliamentary Committee and allocate the additional allocation of Rs5.00 Crores exclusively for Retirees. We will separately forward our scheme for utilization of this amount

Sanctioning PensionWE refer you to our letter dated 18-01-2011 captioned Sanctioning Pension. It reads as under At the time of introduction of Pension Scheme in the year 1995/96, retirees who had earlier retired under bank's Voluntary Retirement scheme on health grounds had applied for joining the Pension Scheme. The bank declined the request of about ten such retirees taking a stand that they can not join Pension scheme as their ward was given compassionate employment in the bank.(even though the Pension Scheme does not endorse this view.)This decision of the bank was challenged by oneo f t h e s e a g g r i e v e d m e m b e r s Sri.P.N.Balasubramaniam, in Madras High court, where, he won the case. The appeal of the bank to the Supreme court was also dismissed and the member was sanctioned Pension with retrospective effect. In a sensitive matter like this, it is normally expected that the bank sanctions pension to all the similarly placed retirees whose pension option was rejected by the bank on the same grounds. But the bank did not do so for reasons best known to themTherefore, we request you to render justice to other similarly placed retirees and order sanctioning of pensionary benets to them with retrospective effect.

Role of RetireesWe i nv i t e you r r e f e r en ce t o ou r l e t t e r IOBRA/CMD/008/12 dated 28 August 2012 and our letter dated 15-02-2013 offering service of retirees in improving the Bank's Performance We recall your address to our retirees in our Fourth triennial Conference. During your address you appealed to our members to involve themselves and contribute to the growth of the bank in two areas. You


wanted our members to utilize the vast contacts they have developed over years, introduce them and also their family members and relatives for improving our CASA position, by canvassing new accounts and deposits. The other area is recovery of NPA, where also, they can be of immense help. You said that this can be formalized and some campaign can be organized in this direction. We wrote to you on this subject on 28-08-12 requesting you to designate one of your executives to translate this idea and give proper shape to this campaign. Now that the bank is gearing up all efforts to give an excellent performance in this vital area, we will deem it our privilege if you can devise ways and means to involve the retirees also in this task by dening the role to be played by Retirees .

Some more lettersWE had requested bank to issue fresh PPO to Pensioners as and when the Basic Pension is revised and rexed consequent to Wage revision or mistakes in original PPO are corrected so that correct records are retained by the Pensioner.

E had written more than six letters on 100% D.R.Neutralisation IOBRA/CMD/011/12 dated 27-12-2012IOBRA/CMD/01/13 dated 16 January 2013

IOBRA/CMD/02/13 dated 24 January 2013

IOBRA/CMD/03/13 dated 07 February 2013

IOBRA/CMD/05/13 dated 14 February 2013

IOBRA/CMD/06/13 dated 06 March 2013

IOBRA/CMD/07/13 dated 30 April 2013

Dated 26-05-2015

They did not evoke any response from the bankSir, You would have observed that we have raised so many serious issues concerning the retirees in our letters for nearly a decade and the bank has not given them the importance they deserve and tried to nd any solution,We request you to give us an appointment to discuss these matters and resolve these issues without further loss of time

Thanking you

Hospitalisation Scheme: Reimbursement of Domiciliary Treatment BillsWe have written our letter No IOBRA/GM/ 04/2016 dated14 June 2016 to G.M.(P.A.D ) which reads as follows:The hospitalization Scheme for retirees was introduced vide C.O.Circular Transient Series(File :7 F) Circular No.57 of 2015-16 Dated 06.11.2015. The preamble in the circular states As per the Xth bipartite settlement/joint note dated 25.05.2015, New Medical Insurance Scheme (Annexure II) has been framed for employees including retired/resigned ofcers/employees, etc. Our bank as well as Employees Union and Ofcers'

Association being among the Signatories it covers retirees of our bank very well.One of the Salient features listed in page 2 of the Circular is Domiciliary Cover: Medical expenses incurred for listed domiciliary ailments on out Patient basis are covered under the policy and shall be reimbursed to the extent of 100%.The Medical insurance Scheme enumerated in the Xth Bipartite settlement states: DOMICILIARY TREATMENT shall also be covered under this scheme i.e. treatment taken for specied d iseases wh ich may or may not requ i re hospitalization as mentioned herein below. Many of our members have submitted their claim for reimbursement of bills under the category Domiciliary Treatment since December 2015. We regret to inform you tht none of the about 17,000 bills submitted by our members has been settled till now.We wish to submit that it is not proper for the bank as well as TPA to withhold payment of claims of retirees for reimbursement of domiciliary treatment expenses submitted as it is their entitlement under the scheme.We are also aware that similar claims are settled by bank/TPA in the case of all serving staff members.Under these circumstances, we request you to clear all the pending claims of retirees for reimbursement of domiciliary treatment expenses submitted to you/TPA immediately within a week's time.

Congratulations Sri.T.K.S.Ilangovan

We are glad to inform our members that

Sri.T.K.S.Ilangovan has been elected

unopposed as a member of Rajya Sabha

representing Dravida Munnetra Kazhagam. We

are happy to share with our members of this

newssince Sri.T.K.S.Ilangovan is an IOB Retiree

and a long time member of our Association along

with his wile Smt. Nalini Ilangovan, who is also

an IOB Retiree

Our General Secretary Dr.B.Ramji and our

Deputy General Secretary Sri.S.Gunalan

Called on him at his residence and greeted thhim on behalf of IOBRA on 25 May16.

Sri.T.K.S.Ilangovan assured his whole hearted

support to all our efforts in resolving the Bank

Retirees' issues.

Thank you and Congratulations

Sri.T.K.S.Ilangovan


We have led a case with the State Consumer Commission seeking direction to the bank for continuation of providing Medical insurance cover Of Rs 1.50 lakhs to IOBREMAS members without payment of premium and annual reimbursement of medical expense of Rs.2000/- along with the new Hospitalisation scheme. We append below our afdavit. `

BEFORE THE HON”BLE STATE CONSUMER DISPUTES REDRESSAL COMMISSION AT CHENNAI

C.C.No………….2016

Indian Overseas Bank Retirees' Association,

2, First Cross Street, Jaya Nagar,

Tambaram Sanatorium,

Chennai 600047.

[9444013417] Complainant

Vs.

1. The General Manager,

Indian Overseas Bank,

Retirees Cell,

Personnel Administration Department,

762, Anna Salai,

Chennai – 600002.

2. Indian Banks' Association, represented by

Chief Executive Ofcer

Cuffe Parade, Coloba,

M u m b a i - 4 0 0 0 0 5 Opposite Parties

COMPLAINT FILED UNDER SECTION 17 OF THE CONSUMER PROTECTION ACT.

The complainant above named most respectfully submits as follows.

1. The complainant is Indian Overseas Bank Retirees Association with the registered and administrative ofce at 2, First Cross Street, Jaya Nagar, Tambaram Sanatorium, Chennai 600047 (the complainant for short). The complainant is the only trade union registered under Trade Union Act 1926 bearing Registration No.476/KPM for retirees of Indian Overseas Bank and is afliated to All India Bank Retirees Federation. Retired employees, including non-pensioners, of all cadres, viz., ofcers in all scales, clerks and subordinate staff of Indian Overseas Bank are the members of the complainant numbering 5199 as on 30/04/2015. The

IOBREMAS andNew Hospitalisation Scheme

complainant is represented by its General Secretary. They are senior citizens and many of them are more than 70 years of age.

2. Address of service of all notices on the complainant is that of his Counsel Mr.C.R.Chandrasekaran and Mr.R.Ramesh at No 83 (New 64) Ellaiamman Colony, Vellala Teynampet, Chennai 600086.

3. Address for service and other processes on the opposite parties is as stated in the Cause Title.

4. The First Opposite Party (hereinafter called the respondent bank) were the employers when in service of the members of the complainant.

5. The second Opposite party is the federation of bank managements in the country with their ofce in Cuffe Parade, Coloba, Mumbai – 400005.

6. The respondent bank introduced Indian Overseas Bank Retired Employees Medical Assistance Scheme known in acronym as IOBREMAS on 12/07/2001 for providing nancial assistance to retired employees in all cadres of the bank to meet their medical expenses. The retirees were given 6 months time to join the scheme. But a number of retirees could not join the scheme initially for various reasons.

7. On repeated requests of the complainant and various retirees who did not opt to join the scheme, i.e. IOBREMAS, for giving one more option for joining the scheme, the respondent bank gave another option. Complainant requested further to make some more improvements in the scheme to enlarge its coverage and make it to reach more retirees in a meaningful manner. As a result (the Staff Welfare Committee of) the respondent bank gave one more option to all retirees (other than VRS 2000 optees ) to join the scheme and made some improvements in the scheme in September 2007, covering

a. those (in all cadres) who have retired on superannuation

b. those who have been permitted to retire from bank service on medical grounds

c. those who have taken VRS in terms of IOB (Ofcers) Service Regulations 1979 and not gainfully employed

d. those who have taken VRS in terms of IOB Employees Pension Regulations after completion of 55 Years of age or 30 Years of service in the bank and not gainfully employed

e. Spouses of retired employees mentioned above if they are not gainfully employed

f. Spouses of retired employees who died in harness, who are not gainfully employed.

(gainfully employed means those who are in employment drawing monthly salary/wages of Rs.2550/- or more)

8. Retirees have to pay one time entry subscription fee equal to 50% of the last drawn Basic Pay payable in one lump sum, become members of IOBREMAS and be entitled for the following benets.


a) Annual Medical Allowance of Rs.2000/- in the rst week of April every year automatically (without any claim or request).

b) Reimbursement of Hospitalization Expenses for self and spouse, for major illness and special operations up to Rs.50000/- in a year subject to a maximum of Rs.1 Lac for life, for treatment of self and spouse together.

c) Reimbursement of Premium on Medical Insurance of a maximum of Rs.4000/-for self and spouse per year or Rs.2000/-per head. (The premium in respect of spouse to be reimbursed only in cases, where they are not gainfully employed. Such members would not be eligible for any other reimbursement of expenses under hospitalization as per Para b) above.

9. The Respondent Bank subsequently during 2012 vide its Circular in Transient Series (File:7 F ) No 30 dated 26.07.2012 modied clauses b) and c) in para 8 hereinabove by introducing a Group Insurance Scheme with M/s.Universal Sampo General Insurance Co Ltd., i.e., in lieu of reimbursement of premium of mediclaim policy and discontinued the then existing scheme of reimbursement of hospitalization expenses up to Rs.1 Lac in life time. This was in force till Nov 2015.

10. The respondent bank vide its circular bearing No.Transcient Series (File No.7 F) Circular No 57 of 2015-16 dated 06.11.2015 have then introduced New Med i ca l I n su rance Scheme fo r t he Retired/Resigned Ofcers/Employees, etc. It is the scheme agreed upon and introduced at industry level

thby the second respondent (in the 10 bipartite settlement dated 25/5/2015) and suggested and agreed to by all the parties thereto that

Quote.” The above stated scheme would not supersede the continuation of any bank - level arrangement or scheme providing for reimbursement of medical expenses, which is not covered herein, that may be in operation in any Bank” unquote.

11. This circular bearing No.Transcient Series (File No.7 F) Circular No 57 of 2015-16 dated 06.11.2015 of the respondent bank (hereinafter called “circular

thdated 06.11.2015”) states that as per 10 Bipartite Settlement dated 25.5.2015 a New Medical Insurance Scheme has been framed for employees including retired/resigned ofcers /employees etc., and is being implemented. It also states that IOBREMAS is being replaced by the New Medical Insurance Scheme having tie-up with M/s.United India Insurance Company Ltd, withthe Third Party Administrator being MD India Health Services Pvt Ltd.

12. Among the salient features detailed in the

circular dated 06.11.2015 premium details are given hereinbelow xing for the clerical and sub-staff retirees are concerned at Rs.4930/- together with service tax of Rs.691, totaling Rs.5621. For retiree ofcers this total is Rs.7494. This is the premium amount payable for this year (2015).

13. The circular dated 06.11.2015 further states that the reimbursement from M/Vidal Health Care Services and the Medical Allowance of Rs.2000/- every year given to IOBREMAS members stood withdrawn and that, however, the contribution towards IOBREMAS would continue and the funds accumulated under its corpus is to be utilized by the bank for bearing a portion of the premium of retirees under the New Medical Insurance Scheme and that new members were to be admitted subject to

thpayment of (one time) revised Basic Pay as per 9 bipartite scale in which the member superannuated.

14. Again, according to this circular dated 06.11.2015, main features of the new medical insurance scheme would briey be;

a. Family to mean employee + spouse.

b. Room Eligibility: Room rent including boarding charges is to be Rs.5000/-per day.

c. ICU Charges is to be Rs.7000 per day. This is the only item for which maximum ceiling amount of reimbursement is xed.

d. Pre-Post Hospitalization: Expense incurred during the Pre-Hospitalization and Post hospitalization period is to be covered for 30 days prior to hospitalization and 90 days after discharge respectively.

e. Day Care Treatment: expenses on hospitalization for minimum period of a day are to be admissible and if the surgery is undertaken under General or Local Anesthesia in a hospital /Day care Centre in less than a day because of technological advancement, which would have otherwise required hospitalization of more than a day, expenses are admissible.

f. Change of treatment from one system of medicine to another is covered in the policy if recommended by the treating doctor.

g. Pre existing and other waivers:

1. to cover pre-existing disease /ailments.

2. to cover all diseases and ailments under the policy without any waiting period.

h. to cover medical expenses incurred for listed domiciliary ailments on out-patient basis under the policy and to be reimbursed to the extent of 100%.

I. to include the benet of cashless treatment facility in hospitals under a scheme worked out by the rst opposite party and the hospitals under a common insurance scheme.


Premium Details as mentioned in para 12 hereinabove are

RETIREES CADRE

SUM INSURED PREMIUM SERVICE TAX @14% TOTAL

PREMIUM

Ofcers Rs.4.00 Lacs Rs.6573/-

Rs.921/- Rs.7494/-

Clerical Rs.3.00 Lacs Rs.4930/- Rs.691/- Rs.5621/-

Sub-Staff Rs.3.00 Lacs Rs.4930/- Rs.691/- Rs.5621/-

on family oater basis covering Hospitalization expenses and also Domiciliary Treatment of member and

spouse only and according to PREMIUM SHARING PATTERN, member who have retired earlier and not a

member of IOBREMAS will have to pay 50% of the insurance premium and a onetime contribution fee to the

corpus fund by choosing one of the options below (A or B)

A. 50 % of the last drawn Basic Pay inclusive of all components forming part of basic pay excluding DA,HRA., CA

(or)

B. As per schedule below

S.No. Cadre Contribution amount.

1. Scale VII 26000

2. Scale VI 23400

3. Scale V 20200

4. Scale IV 18100

5. Scale III 15750

6. Scale II 14050

7. Scale I 12850

8. Clerical 9650

9. Sub-staff 5675

10. Part time Sweeper 2500

15. Other conditions stipulated in the circular dated 06.11.2015 are

15.1 New retirees will have to pay 50% of the insurance premium and a one time contribution fee to the corpus

fund as in the above table.

15.2. Those who have retired earlier and presently member of IOBREMAS will have to pay 50% of the

Insurance Premium for the new insurance scheme.

15.3. Family pensioners are to pay 50% of the insurance premium and a one time contribution fee to the corpus

fund as below:

S. no Cadre of retired employee Contribution amount

1. Ofcers Rs.7500/-

2. Clerks Rs.5000/-

3. Sub-Staff Rs.2500/-

15.4. Members who are not willing for payments as above are to pay full insurance premium and join the New Medical Insurance Scheme.15.5. No option is given to retirees who are under IOBREMAS to continue in the old (IOBREMAS) scheme as suggested to be given by the second respondent. The option had to be exercised immediately.15.6. The policy for retirees is to commence on 01.11.2015 and effective from 1/12/2015 this year (2015) and

stits period is to commence from November 1 every year in future. One time option is to be extended to the Ofcers/employees who have already retired/ superannuated/resigned, etc., from the service of the Bank to join the scheme.15.7. Members who are eligible and wish to join the New insurance Scheme should submit their willingness in Annexure I to circular dated 06.11.2015 for membership together with the membership fee along with Demand Draft in favour of INDIAN OVERSEAS BANK RETIRED EMPLOYEES MEDICAL ASSISTANCE SCHEME drawn on City Back Ofce, Chennai, towards one time entry fee and send the same to the Chief Manager ,Personnel Administration Department, Welfare Section, Central Ofce, Chennai. 15.8. The aforesaid Annexure I to reach the respondent Bank on or before 28.11.2015 along with the DD where


applicable. Those Ex-Employees who do not opt now ,would not be allowed to join the scheme later. The eligible ex –employees who join now and subsequently opt out also will not be allowed to rejoin. The Respondent Bank would be debiting (based on authorization in Annexure I ) the required amount from the specied IOB account as and when premium is due/demanded without any prior intimation /information to the member subject to availability of sufcient funds in the account. In case sufcient balance is not maintained ,the option would be treated as lapsed and the Bank shall not be responsible under any circumstances for non – inclusion of the concerned individual in the insurance policy.15.9. The respondent Bank would continue to act as per the authorization letter unless the instructions is conveyed otherwise in writing at least 45 days before the due date of the premium. 15.10. The annual premium payable is subject to change from time to time as xed by the Insurance company every year and the sharing pattern of the Bank will also be reviewed on a yearly basis.15.11. Respondent Bank is to act only as an intermediary in providing the data to the Insurance Company every year and is in no way responsible for reimbursement under the scheme except what is admissible / payable by the Insurance Company.15.12. The terms, conditions and continuation of the new scheme is also subject to Industry level decision and the clarication/interpretation of various terms and conditions of the scheme would be strictly as

ndcommunicated by the 2 respondent and the ex-employees are bound by the same.15.13. It is to be noted that the members who have retired /are retiring on or after 1.10.2015 will have cover under serving employees scheme till 30.9.2016 and the reimbursement should cover self, spouse and their dependents also. After that they have to pay one month premium in pro-rata basis for October 2016 for coverage under Retirees' policy and then join the Retirees' policy by paying the premium as mentioned above for coverage from 1.11.2016.15.14. The existing members of REMAS should note to pay 50% of the premium for the new insurance scheme; else they will not get coverage under REMAS or the new scheme. 16. The complainant submits that this condition is arbitrary, unreasonable and without remedy and not-bearable both by clerical and subordinate staff retirees and those who are not pensioners, because of recurring annual premium and since IOBREMAS benets employees up to the cover of Rs 1.5 lakhs per annum for reimbursement by the insurance company and also with a cash reimbursement of Rs.2000 every year without any payment. Complainant's representations to the rst opposite party have not been of any avail.17. In the circumstances members of the complainant have undergone mental agony, physical strain and injury. The complainant has therefore been left with no other alternative except to initiate legal proceedings against the rst opposite party for their arbitrary decision of withdrawing the benets of

(earlier) IOBREMAS scheme.18. The complainant also states that the respondent bank has been negligent and has committed deciency of service to the existing members of IOBREMAS who have not paid or do not pay 50% of the premium for the New Medical Insurance Scheme that they would not get coverage under the IOBREMAS also which is in violation of the earlier agreement (IOBREMAS) by which the respondent bank is bound to continue by a contract entered into with the individual retirees concerned.19. Cause of action arose on06/11/2015 when the respondent bank issued the circular bearing No. Transient Series (File No.7.F) Circular No 57 of 2015-

th16 stating that as per 10 Bipartite Settlement dated 25.5.2015 a new Medical Insurance Scheme for e m p l o y e e s i n c l u d i n g r e t i r e d / r e s i g n e d ofcers/employees,etc., has been framed replacing IOBREMAS with the tie-up withM/s United India Insurance Company Ltd, with being MD India Health Services Pvt Ltd as the Third Party Administrator excluding arbitrarily without cause or notice the retirees from the New Medical Insurance Scheme who do not opt for the same due to monetary constraint because their basic pension is too meager to foot the cost of the annual recurring premium which amounts to around or more than their monthly pension. Financial standing of those who do not come under pension regulations 1995 is that they would be put to greater injustice and hardship.20. The complainant also states that the rst opposite party has caused and is causing continuous and grave loss to the concerned members of the complainant both mentally and physically and money-wise.21. The entire cause of action arose at Chennai and within the jurisdiction of this Commission.22. In these circumstances the complainant prays that this Hon'ble Commission may be pleased a. To direct the rst opposite party to pay a sum of Rs .20 lakhs to the compla inant towards compensation for the damages sustained by the concerned members of the complainant, for continuing mental agony, physical suffering, injury and the monetary loss caused to them due to deciency in service and unfair practice.b. To pay the cost of the proceedings to the complainant including the legal fees of Rs.30,000/-c. To restore retrospectively the benets of IOBREMAS to all the members of the Indian Overseas Bank Retirees Association who contributed to be the members of IOBREMAS and have not become the members of the New Medical Insurance Scheme.d. To allow all others to become members of IOBREMAS as and when possible for them to do so and related benets regardless of whether they become members of the New Insurance Scheme and d. To pass such further order or orders which this Hon'ble Commission may deem t and proper in the circumstances of the case and render justice.

thDate at Chennai this the 17 day of May 2016.

Counsel for the Complainant Complainant


LEGAL CORNER

We append below the order of Spreme court delivered on 29-06-16 on SLP led by

Com.C.R.Chandrasekaran and impleaded by IOBRA in the matter of 100% D.R.Neutralisation:


Regional Councils

Madurai Regional Council

A meeting of our Madurai Regional Council was held on 28-10-15. Sri.M.Muthu presided over the meeting. Sri.V. Chellapandian AGS IOBRA welcomed the gathering. Sri. S.Jagannathan Joint General Secretary IOBRA spoke in detail about the salient features of the new medical Insurance Scheme and

thgave a detailed account of the proceedings of the 5 triennial Conference of the Association.Sri.PL Annamalai CC Member IOBRA proposed Vote of thanks

Erode Regional Council

A meeting of our Erode Regional Council was held on 14-11-15. Sri.R. Bhaskaran CC Member IOBRA welcomed the gathering.Sri. S.Jagannanthan Joint General Secretary IOBRA gave a detailed account of

ththe proceedings of the 5 triennial Conference of the Association and spoke in detail about the salient features of the new medical Insurance Scheme. Sri. E.S Kesavanandam proposed vote of thanks

Coimbatore Regional Council

Our Coimbatore Regional Council meeting was held on 16-11-15 under the Cha i rmansh ip o f Sri.N.Ramanathan .Sri.S.Kuppuraj AGS IOBRA welcomed the gathering. Sri. S.Jagannanthan Joint General Secretary IOBRA gave a detailed account of

ththe proceedings of the 5 triennial Conference of the Association and spoke on the Record note signed as part of the Tenth bipartite settlement.He also spoke in detail about the salient features of the new medical Insurance Scheme. All the members present in the meeting gave their consent letter to join the insurance scheme and same was forwarded to Central Ofce. Sri.C.R.Ramachandran proposed vote of thanks

Salem Regional Council

Our Salem Regional Council meeting was held on 19-11-15,Sri. T.R.Nagaswamy AGS IOBRA presided over the meeting and welcomed the gathering. He also gave a detailed account of the proceedings of

ththe 5 triennial Conference of the Association and spoke on the disappointment experienced by our members on going through the Tenth bipartite settlement. . Sri. S.Jagannanthan Joint General Secretary IOBRA spoke on the Record note signed as part of the Tenth bipartite settlement and spoke in detail about the salient features of the new medical Insurance Scheme. Sri.B G Ramamurthy CC member IOBRA proposed vote of thanks

Palakkad Regional Council

The quarterly meeting of our Palakkad regional stCouncil was held on 1 May 2016 under the

C h a i r m a n s h i p o f S r i , C , Ra m a c h a n d r a n . Sri.G.Chandran CC Member IOBRA welcomed the gathering.Sri.S.Jagnnathan Joint General Secretary

IOBRA spoke on the proceedings of the Parliamentary thCommittee meeting held in New Delhi on 8 February

2016

Ernakulam Regional Council

Ernakulam District Council

Our Ernakulam District Council meeting was held on 30-05-16. Sri.P.K.Ramachandran Asst General Secretary IOBRA presided over the meeting. Ms.Brinda our District Secretary welcomed the gathering, Bri. M. Radhakrishnan, Vice-President (South)IOBRA, Mr.K.C.Jacob AGS IOBRA and Dr.B.Ramji General Secretary addressed the gathering

Alappuzha District Council

Our Alappuzha District Council meeting was held 30-05-16. Sri.P.K.Ramachandran Asst General Secretary IOBRA presided over the meeting.Mr.J.Balakrishnan President Alappuzha District Council welcomed the gathering, Bri. M. Radhakrishnan, Vice-President (South)IOBRA, Mr.K.C.Jacob AGS IOBRA and Dr.B.Ramji General Secretary addressed the gathering.

Pathanamthitta District Council

Our Pathanamthitta District Council meeting was held 31-05-16. Sri.P.K.Ramachandran Asst General Secretary IOBRA presided over the meeting. Mr.Jacob Peter our District Secretary welcomed the gathering, B r i . M . Ra d h a k r i s h n a n , V i c e - P r e s i d e n t (South)IOBRA, Mr.K.C.Jacob AGS IOBRA and Dr.B.Ramji General Secretary addressed the gathering

Karaikudi Regional council

Our Karaikudi Regional Council meeting was held on02-06-16. The meeting was presided over by our President Sri.AL.Chandramouli.The meeting was conducted by our Joint General Secretary Sri.KM.Ramanathan.Sri. PL.Marudappan was Co-opted as Chairman of karaikudi Regional Council. The meeting was addressed by Our Joint General S e c r e t a r i e s S r i . S . J a g a n n a t h a n a n d Sri.G.Balachandran

Bangalore Regional Council

Meeting of our Mysuru Based members

A meeting of our Mysuru based members was held on 1 1 - 0 6 - 1 6 a t o u r M y s u r u m a i n b r a n c h . Sri.AL.Chandramouli President IOBRA presided.The meeting was addressed by Sri.Venkata Bhattachar CC Member IOBRA, Sri.J.N.Nagaraj, AGS IOBRA and Dr.B.Ramji General Secretary IOBRA .

Meeting of our Bangaluru Based members

A meeting of our Bangaluru based members was held o n 1 2 - 0 6 - 1 6 a t o u r B a n g a l u r u m a i n branch.Sri.AL.Chandramouli President IOBRA presided.The meeting was addressed by Sri.Venkata Bhattachar CC Member IOBRA, Sri.J.N.Nagaraj, AGS IOBRA and Dr.B.Ramji General Secretary IOBRA. The meeting was also addressed by Mr.Sailendra Babu AGS AIOBEU Bangaluru


Kolkata Regional CouncilthThe 20 Annual General meeting of our Kolkata

Regional Council was held on 10-07-16. Sri.Robin Ganguly Joint Convenor Presided.Sri.A.K.Manna welcomed the gathering. Sri.Debesh Bhattacharya Deputy General Secretary AIBRF delivered keynote address and presented a birds eye view of AIBRF achievements and the present state of Bank Retirees' i s sues . M r.D.K .Bhaumik ,Depu ty Gene ra l Secretary(East)IOBRA presented the annual report of the regional Council and spoke on the problems faced by members as the medical insurance card has not been received by most of the members and there is inordinate delay in settlement of claims sent by members.Dr.B.Ramji General Secretary Spoke at length about the Parliamentary Committee meeting and its proceedings. He said that the meeting has secured recognition for the bank retirees and especially AIBRF to have a rightful place in the negotiating table to discuss and settle retirees demands with IBA. This was made possible by Dr. E.M. Sudarsana Natchiappan, M.P., Chairman, Parliamentary Standing Committee on Personnel, Public Grievances Law and Justice. Our letter dated 11.1.2016, which formed the basis for discussion listed out the demands / grievances and same was ofcially discussed in the Management Committee meeting of IBA held on 03-03-16.IBA had taken up 5 major issues i .e 100%D.R.Neutral isat ion, improvement in Family Pension, Pension updation, one more pension option for CRS retirees and Resignees for actuarian valuation and consideration by Management Committee of IBA. This is a very great achievement of our organization. !@ members who had attained 70 years of age were felicitated.

Tirunelveli Regional Council

A meeting of our Tirunelveli Regional Council was held on 19-07-16. The meeting was presided over by the Chairman of our Tirunelveli Regional Council Sri.T.R.Kallapiran. Sri.N.Balasundaram, President of the Regional Council welcomed the gathering. Dr.S.Ilango, One of our retirees is a successful practitioner of Acu-Puncture system of Medicine.At the request of the Chairman and President of our Regional council he gave a lucid introduction of Acupuncture and Acu pressure and narrated how our retiirees can benet from the system.Our General Secretary Dr.B.Ramji spoke at length about the Parl iamentary Committee meeting and its proceedings. Com.K.S.Balaiah AGS IOBRA proposed vote of thanks

Cuddalore District Council

We are glad to inform you that we havv formed and inaugurated our Cuddalore District Council on 22-07-16 .Sri.Ramalingam,has been elected President, Com.M.Marudavanan has been elected Secretary and Com. Muhamad Ghouse has been elected Treasurer

A Note From our Joint GeneralSecretary Sri.S.Jagannathan

Comrades!

I attended the Sathabhishekam of Shri. Pethachie

our Sr Vice President at Kothamangalam on 3rd June

in which Dr. Sudarsana Natchiappan. M.P. and

Chairman, Parliament Standing Committee on

Personell , Public Grievances, Law and Justice also

participated and greeted Sri. Pethachie. During the

course of his address he appreciated the interest

taken by Sri Pethachie in closely following up the

retirees pending issues even during odd hours.

He mentioned that only because of the efforts of

IOBRA'S President Sri. AL. Chandramouli and

General Secretary Dr B RAMJI the core issues of

Ret i rees 1.One more pens ion opt ion, 2.

Hospitalisation Expenses Reimbursement Scheme,

3. Formation of Grievances Redressing cell, 4. DA

100% Neutralisation, 5. Increase in Family Pension,

6. Pension Updation were taken up by the

Parliament Standing Committee on Personnel, Public

Grievances, Law and Justice in its Meeting held

during 2009.

He added that Out of these issues rst three issues

were resolved by him by passing necessary Orders to

IBA through DFS. After his tenure Smt.JAYANTHI

NATARAJAN and Shri. Abhishek Singhvi were

Chairman for the Standing Committee. During their

period there was no progress in any of the remaining

Issues. Again on his assuming charge as Chairman of

the Committee IOBRA took init iative and

represented their Grievances. According to their threquest.on 8 February 2016, a meeting of the

Parliamentary Committee was arranged and in that

meeting IOBRA Leaders Sri. AL. Chandramouli and

Dr. B. RAMJI presented their remaining pending

grievances.

In that meeting IBA Chairman and Ofcials, DFS

Ofcials, Department of Pension Ofcials, and IOB

ED also participated. In that meeting he directed

IBA to discuss all the issues raised by IOBRA in the

immediately following Management Committee

Meeting and to have discussion with IOBRA along

with all the Retiree Organisations and to resolve all

the grievances raised by IOBRA within two months.

The latest positive developments are only due to the

directions given to IBA by him. He will be passing his

nal orders before he relinquish his post at the end of

his tenure as MP. He also mentioned that all the Bank

retirees are going to be beneted only because of the

sincere efforts put in by IOBRA Leadership and they

should be thankful to these Leaders particularly Sri.

AL. Chandramouli, Dr. B. RAMJI and Sri. Pethachie

and to the Parliamentary Committee.


With Profound sorrow, we give below the list of Retirees who

passed away during the period January2016 to June 2016

OBITUARY

S.No Roll No. Name

1 5973 MANICKAM M2 16010 MURUGAIYAN V3 33069 VASUDEVAN M.K.4 2314 MIRAS MOHIDEEN T S5 5495 LOGANATHAN S6 9412 FERNANDEZ FRANK JAMES7 12761 NATARAJAN S8 19100 SUNDARAVADANAM9 5137 JAYASEELAN M10 32338 RAMAKRISHNAN C11 20641 AYYAKANNU C12 27220 GOVINDASAMY C13 28216 VALSARAJAN C14 3744 FREDERICK JOHNSON15 13848 KESHAB NARAYAN MONDAL16 690 SIVABUSHANAM D17 1232 SARMA N.H.S.18 896 ANANTHAVARMA M.19 10260 KUPPURAM V.20 27817 RAJENDRAN R21 12250 SURENDRA SINGH NEGI22 32135 ANANDAN S.R.23 1980 KHALEEL AHMED A24 41046 NELLIAPPAN C.25 9617 VENKATA SUBRAMANIAN N.26 25244 MOHANAN P V27 70 KRISHNAN M.N.28 12259 CHAUDI RAM29 28791 SUBRAMANI P G30 482 NARAYANAN C.T.31 7662 DHANABALAN M32 172 SHANMUGAM SP.33 25958 PARDHAN SINGH34 12148 SATPAL GUPTA35 12711 CHIDAMBARAM S36 9876 KRISHNIAH K.37 21173 THANKAPPAN G38 5604 SATYAPAL39 20217 SOMAN N K40 3171 BERTRAM P.N.STONE41 7138 SRINIVASAMURTHY N.G.42 27301 NARASAIAH P43 27561 CHINNA DURAI R44 10679 ANJANI KUMAR TRIPATHI45 5044 MOHITE J G46 29058 GULZAR SINGH47 20541 ROSAMMA JOHN48 2150 SETU GURANG

49 6301 DEALAL SINGH50 7486 JEYAKUMAR V51 41242 KANDASAMYMOORTHY T.K.52 1624 ANANDAKUTTY AMMA P.G.53 14231 KRISHNAN M54 2455 SELVARANGA NAIDU G55 792 ARUNACHALAM M.56 30938 JANAKI RAJAM T P57 6148 GOPAL CH RAKSHIT58 6048 SHINDE M B59 1894 PARANDIKAR S.K.60 3077 BALAKRISHNAN S.61 213 NARAYANAN K.M.62 25495 GANGADHARIAH T63 20137 KRISHMI DEVI64 8026 DHANASEKARAN K N65 6637 AJIT KUMAR MANDAL66 3588 MUTHURAMAN A.N.67 2885 PENCHILLIAH B68 1724 RAMASAMY G69 41705 CHATHU T.M.70 12973 CHANDRA KARMAKAR S71 560 VENKATASUBRAMANIAN S.72 25542 RANGANATHAIAH M N73 10140 DEBASIS GHOSH74 3257 KAKA A C75 25775 SHYAM SINGH76 2844 SUBBIAH A L77 17932 SATHAYAVATHI B R 78 29325 JOHN SAMUEL P 79 30707 PRADEEP DAHAYALAL JANI 80 4394 GOPINATH T.R.81 28172 SADHU SINGH 82 2890 PONNIAH C 83 20533 KUTTY 84 5929 NIRBHAY SINGH 85 8806 JAGDISH KUMAR 86 5635 SELVENDRAN C 87 551 THIRUNAVUKARASU V 88 20606 KANNAPPAN R 89 14407 SRINIVASAN V 90 25237 VENKATEWARA RAO K 91 13213 SWAMINATHAN C 92 563 VENKATAKRISHNAN V.A. 93 496 RAMALINGAM C K 94 25229 MUNUSAMY M 95 33998 RAJENDRA BABU S 96 3555 GOVINDAN S. 97 10708 RAVINDRAN S98 3283 NARENDRANATHAN NAIR.N.P.

We offer homage to the departed souls and condolence totheir bereaved family members.


Dr. B. RAMJI, General SecretaryDr. B. RAMJI, General SecretaryDr. B. RAMJI, General SecretaryI.O.B. Retirees` Association, No. 2, First Cross Street, Jaya Nagar,

Tambaram Sanatorium, Chennai - 600 047. Ph. No . : 044 - 2241 8692,Mobile : 94440 13417, E-mail : [email protected], Website : www.iobveterans.com

If Undelivered please Return to:

stŸ Sri.N.Lakshmanan retd Regional Manager, our member celebrated his 81

birthday,Sathabhishekam at Devakottai on27-03-16

stŸ Sri.AR.Ramanathan retd Chief Ofcer(9962264732), our member celebrated his 81

birthday,Sathabhishekam at Pillayarpatti on 21-04-16

Ÿ Sri. S.Veeraraghavan(9444574229), our member celebrated the marriage of his son

Chi.Kannan @Prasanna Venkatesan with Sow.Radhika at Chennai on 19-05-2016

stŸ Sri.A.Ganesan(9444408508) our member celebrated his 81 birthday, and

Sathabhishekam at Chennaii on 25-05-16

stŸ Sri.M.Pethachie(9444424211) Senior Vice-President IOBRA celebrated his 81

birthday,and Sathabhishekam at Kothamangalam on 03-06-16

Ÿ Sri.C.S.Jayagopal, our member celebrated the marriage of his son Chi.J.Prasanna

moorthy with Sow.R.Arunadevi at Chennai on 21-04-16

Ÿ Sri.M.Parthasarathy(94449 74504) A.G.M (Retd) our member celebrated the marriage thof his daughter Sow.P.Aparna with Chi.B.Ravishankar at Chennai on 9 June 2016

Ÿ Sri.V.Krishnaswamy(9176312954) our member celebrated the marriage of his son thChi.Raghavan with Sow.Akshaya on 11 july 16 at Chennai

Ÿ Sri.B.Somasundaram(9790353167) our member celebrated the marriage of thChi.S.Balasubramanian with Sow.R.Meenakshi on 29 April 2016

Ÿ Sri.N.Narayanan(9443774839) our member celebrated the marriage of his son

SelvanSethuraman@Senthil With Selvi.Meenakshi on 11-07-16 at Nattarasankottai.

Ÿ Sri.T.K.Somasundaram(Kalapriya)(9842578870) our member celebrated

the marriage of his daughter Selvi.S.Deivanayaki with Selvan.S.Ashok Kumar at

Thirupparankunram on 06-06-16

Ÿ Sri.R.Balachandran(9444056347) Retd.D.G.M, our member celebrated the marriage

of his son Chi.B.Hariharasudhan With Sow. K.Gayathri@ Rina On 10-07-16 at

Chennai

The Veteran and members of IOBRA greet our members on this

happy occasion and wish the newly wed couples happy married life

PERSONAL

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