* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

               
                                   

Thursday, August 14, 2014

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.