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Friday, December 25, 2015

'BANK NEWS'


UNION BANK RETIRED EMPLOYEES' ASSOCIATION
Date: 24th December,'15
Union Bank Retirees' issues 

   Industrial Relations meeting was held between the management of Union Bank of India and the Office Bearers of All India Union Bank Employees' Association yesterday.

     The e-mail received from Shri R.K.Powar, General Secretary, Union Bank Retired Staff Association (Maharashtra) is *forwarded herewith. It gives some gist of the issues of Union Bank Retirees discussed in the meeting. 

*REPRODUCED BELOW.
Yours sincerely,
B.G.Raithatha,
General Secretary
Dear all,

The responses given by our Bank to the retirees issues raised in the IRM of All India Union Bank Empl. Association (AIUBEA) at Central Office are given here under:


1)   Staff Welfare committee  will be held in January as Bank has not been able to collect information on operation of buffer policy and other relevant information, to decide on various staff welfare measures including those being extended to Retired employees.

2)   Payment of annual health check up bill to retirees will  be placed before the Staff Welfare Committee to revise it to authorize the branches to pay the same instead of RO.

3)   Bank agreed to address all the issues relating to Insurance Linked Medical Scheme. A full-fledged tripod meeting with TPA , Association and the management will  be held shortly to iron out the issues.

4)  Cash withdrawals below Rs. 25000 will be allowed to customers and Pensioners, and Finacle CBS is modified to extend the same.

5)   Bank has conveyed that IBA is in the process of finalizing its scheme for extending enhanced amount of relief to flood affected employees of TN and Puducherry States and  awaiting for the same. It will introduce the same as soon as it is received.

Regards
R.K. Powar, GS, UBRA, Maharashtra
Asst. General Manager(Retired)
Union Bank Of India