Dear Friends,
IBA Health Insurance Policy - Renewal.
You are aware that many of our Retirees had discontinued the renewal of IBA Insurance Policy. Our Apex organisations - AIBPARC/CBPRO have been requesting IBA & UIICL to accord one more option for to them to rejoin the scheme.
Very Good News!!
those retirees, who had quit/discontinued the scheme will be allowed to rejoin the scheme now.
Such retirees will be covered from 1st December - 1 month Lock in period.
Regards
A N Krishna Murthy
General Secretary
CBROA Bengaluru
IBA Health Insurance Policy - Renewal.
You are aware that many of our Retirees had discontinued the renewal of IBA Insurance Policy. Our Apex organisations - AIBPARC/CBPRO have been requesting IBA & UIICL to accord one more option for to them to rejoin the scheme.
Very Good News!!
those retirees, who had quit/discontinued the scheme will be allowed to rejoin the scheme now.
Such retirees will be covered from 1st December - 1 month Lock in period.
Regards
A N Krishna Murthy
General Secretary
CBROA Bengaluru
7 comments:
what is good news in this battebaaz. people who opted outside insurance would have completed waiting period by now. Outside insurance premium is much lesser than bank insurance premium and with more sum insured. This union leaders also know it, but they are fooling their own staff. what kind of union leaders are these, they dont have minumum sense and mind. Idiots to the core. most worst unions in this country.
There should be no premium for medical insurance it should be born by bank
1. Government adopted the minimum wages formula from 3rd CPC onwards.
2. Parliament passed the code on wages ACT with the principle stand on minimum wages formula.
3. The bill was vetted and supported by AITUC, CITU and BMS. During the ALL INDIA STRIKE CALLED BY THE CENTRAL TRADE UNIONS, THE EMPLOYEES ORGANISATIONS in the BANKING SECTOR demanded 18000 MINIMUM WAGES.
4.Supreme Court upheld the decision of Delhi government in giving the wages under minimum wages formula.
5.Government of India’s Cabinet committee equated the scale I officers with Grade A officers in deciding benefits to be extended on the income basis.
6. All the four officers organisations submitted the COD demanding the minimum wages formula and equivalent to Grade A officers salary.
7. Even the recent strike notice issued by four officers organisations reiterated the same.
8. High court Madurai bench appreciated the demand and admitted the writ three times on three DIFFERENT GROUNDS.
9. Government did not say that the code on wages act is not applicable to bankers where as they are covered under the Act.
10. IBA did not say that it is not possible to give salary under code on wages act by adopting minimum wages theory.
11. Rather, IBA told that THEY ARE NOT THE LEGAL ENTITY.
12. Almost all the major banks provided 15% towards wage revision in their respective balance sheets as on March 2019 itself.
13.BUT, WE ARE DISCUSSING FROM THE HUMILIATING 2% TO 12% AND HOPEFUL OF SIGNING SHORTLY WITH SOME IMPROVISED OFFER.
14. FIVE DAY BANKING IS A COMPROMISE TO SETTLE THE SALARY WHICH IS TOTALLY UNFAIR AS BOTH DEMANDS ARE HAVING DIFFERENT BASIS AND PLATFORM AS ONE IS MONETARY RELATED AND ANOTHER ONE IS NON MONETARY.
15. When DA is INCREASING EVETY THREE MONTHS and ARREARS WAS GIVEN AS ONE MONTH SALARY,
What is the need to accept SOMETHING AGAINST OUR DEMAND AND OUR RIGHT in the name of QUICK SETTLEMENT?
ANYTHING AGAINST
1. Minimum wages formula
2. Salary to Scale I equivalent to Grade A officers.
3. RUNNING SCALE OF PAY.
4. Updation of PENSION
CANNOT BE ATTRACTING AND RETAINING THE TALENTED YOUTHS TOWARDS / IN THE BANKS.
Also it cannot ENSURE THE PARITY AMONG THE BANKERS EVEN.
Very fine observation. But who cares bank employees and retirees?
They should learn from RTC strike in TELANGANA and follow them
Nowadays bank job is not at all an attractive job. Only responsibilities. Recovery of loans has become begging.
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