UNION BANK RETIRED EMPLOYEES' ASSOCIATION
Delegation to DY. Governor, RBI -
for up-dation of pension in RBI
We forward herewith an e-mail and its attachment.
Yours sincerely,
B.G.Raithatha,
General Secretary
Meeting With Shri S.C.
Mundra, Dy. Governor
A delegation of the Association consisting of S/Shri R.P.
Donde, T.G. Nair, M.B. Talekar, A.P. Kale, T.P. Kunhiraman and L.R. Parab
called on the newly appointed Deputy Governor, Shri S.C. Mundra, who is also in
charge of HRMD, and welcomed him with a bouquet on 8th August 2014. The delegation wished him happy and
successful tenure in the Bank. Office-bearers recalled that the D.G., who was
CMD of a nationalized bank and also the Chairman of IBA, had vast experience of
the problems of retirees in the banking sector. Reserve Bank had over19,000
retirees, which number exceeded the total working staff of the Bank. Referring
to the issue of updation of pension in the Bank we stated that it has pending
for long in spite of sincere follow-up by three successive Governors, including
the present one, viz. Dr. Raghuram G. Rajan with the Finance Ministry. Our
Association and also the Forum of R.B. Officers and Employees are vigorously
pursuing the matter. Governor had informed
the delegation of our Chennai unit on the recent occasion of the Governor’s
felicitation function that the Bank was engaged in getting a fair deal from the
Government and the finality was expected shortly. D.G. was requested to ensure
that the issue is settled without further delay as the entire retiree community
of the Bank is anxiously waiting for updation of pension. D.G. who appeared to
be well acquainted with the case, gave us patient hearing. He is expected to do the needful in the
matter.
The issue of opening of option for pension was also raised.
D.G. stated that it was interlinked with updation of pension.