We reproduce below the circular issued by AIBRF.
Quote
Shri T.M.Bhasin
Chairman
Indian Bank Association (IBA )
Mumbai
Dear Sir
Re: Delegation of AIBRF
We have come to know that IBA is going to sign wage settlement with bank unions on 25th May 2019 at Mumbai.
2.Further we have come to know that IBA is not sanctioning and including any of the demands of past retirees in the settlement to be signed on 25th with unions. It is also surprising to learn that total pension of those retired after 1-11-2012 will get reduced in absolute term after signing the settlement affecting them adversely. Further this settlement has been finalised without taking our organisation in to confidence.
3. In view of this position, settlement to be signed is not acceptable to us and we have decided to observe 25th May ,2019 as PROTEST DAY. We shall hold demonstration at Azad Maiden, Mumbai on this day between 10.30 AM to 12.30 PM where we expect large number of retirees to participate in it.
4. We wish to submit Memorandum highlighting our issues in delegation for your consideration and appropriate action. We shall be thankful to you if you will give time to our delegation to meet you and handover the memorandum.
Thanking you
Yours Sincerely
( S.C.JAIN )
GENERAL SECRETARY
Unquote
Quote
Shri T.M.Bhasin
Chairman
Indian Bank Association (IBA )
Mumbai
Dear Sir
Re: Delegation of AIBRF
We have come to know that IBA is going to sign wage settlement with bank unions on 25th May 2019 at Mumbai.
2.Further we have come to know that IBA is not sanctioning and including any of the demands of past retirees in the settlement to be signed on 25th with unions. It is also surprising to learn that total pension of those retired after 1-11-2012 will get reduced in absolute term after signing the settlement affecting them adversely. Further this settlement has been finalised without taking our organisation in to confidence.
3. In view of this position, settlement to be signed is not acceptable to us and we have decided to observe 25th May ,2019 as PROTEST DAY. We shall hold demonstration at Azad Maiden, Mumbai on this day between 10.30 AM to 12.30 PM where we expect large number of retirees to participate in it.
4. We wish to submit Memorandum highlighting our issues in delegation for your consideration and appropriate action. We shall be thankful to you if you will give time to our delegation to meet you and handover the memorandum.
Thanking you
Yours Sincerely
( S.C.JAIN )
GENERAL SECRETARY
Unquote
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