A L L I N D I A B A N K R E T I R E E S F E D E R A T I O N D-1/1, Sector-C, Scheme-71, Near Kasara Bazar School, Indore

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1 A L L I N D I A B A N K R E T I R E E S F E D E R A T I O N D-1/1, Sector-C, Scheme-71, Near Kasara Bazar School, Indore Ref: 2016/387 Date: Chairman Sri D.A.Masdekar President Sri S.M.Deshpande Vice President Sri J.B.Dave Sri D.P.Gupta Sri F.Martis Sri Anindya Basu Sri N.Mishra Sri C.N.Prasad Sri A.K.Mondal Sri H.C.Gandhi Sri K.Vishwanath Naik Sri O.P.Varma General Secretary Sri S.C.Jain Dy. Genl. Secretary Sri Debesh Bhattacharyya Sri S.V.Srinivasan Sri Ashok Patil Sri A.K.Bansal Organising Secretary Sri Sunil Srivatsav Sri V.K.M.Varma Sri C.Gopinathan Nair Sri M.N.Pandit Sri Pratap Shukla Sri S.Velayoudam Sri Kalyan Sen Gupta Dr.G.S.Jog Sri Kishore Gujarati Sri K.K.Gupta Sri Rajendra Prasad Sri N.T.Hegde Sri S.Radhakrishnan Sri B.Venkat Rao Sri Rajan Dhargalkar Sri Suresh Sharma Sri R.Shirambekar The Office Bearers/ Central Committee Members/ State Body Chiefs A.I.B.R.F. Dear Comrades, RE: COMMUNICATIONS FROM IBA ON RETIREE ISSUES We are happy to forward the following communication received from IBA on the retiree issues which are self explanatory: (1) Letter No 2016/383 dated written by us to IBA in response to their Letter No HR & IR/KSC/GS 2347 dated addressed to AIBRF. (2) IBA Letter No. HR & IR/KU/G5/37 dated 7 th April 2016 addressed to AIBRF on the retiree issues. (3) IBA Circular NO CIR/HR&IR/ G5/ /2263 DATED (4) IBA circular No CIR/HR&IR/G5/ /3059 dated With Greetings, Yours Sincerely, ( S.C.JAIN ) GENERAL SECRETARY Released by: All India Canara Bank Retirees Federation (Regd.) A.K.Nayak Bhavan, 2 nd Floor, 14, 2 nd Line Beach, Chennai Treasurer Sri M.S.Chourey Mobile: sharbat_123@rediffmail.com Website:

2 A L L I N D I A B A N K R E T I R E E S F E D E R A T I O N D-1/1, Sector-C, Scheme-71, Near Kasara Bazar School, Indore Ref: 2016/383 Date: Chairman Sri D.A.Masdekar Shri K. Unikrishnan Deputy Chief Executive Indian Banks Association President Sri S.M.Deshpande Dear Sir, RE: RETIREES ISSUES Vice President Sri J.B.Dave Sri D.P.Gupta Sri F.Martis Sri Anindya Basu Sri N.Mishra Sri C.N.Prasad Sri A.K.Mondal Sri H.C.Gandhi Sri K.Vishwanath Naik Sri O.P.Varma General Secretary Sri S.C.Jain Dy. Genl. Secretary Sri Debesh Bhattacharyya Sri S.V.Srinivasan Sri Ashok Patil Sri A.K.Bansal Organising Secretary Sri Sunil Srivatsav Sri V.K.M.Varma Sri C.Gopinathan Nair Sri M.N.Pandit Sri Pratap Shukla Sri S.Velayoudam Sri Kalyan Sen Gupta Dr.G.S.Jog Sri Kishore Gujarati Sri K.K.Gupta Sri Rajendra Prasad Sri N.T.Hegde Sri S.Radhakrishnan Sri B.Venkat Rao Sri Rajan Dhargalkar Sri Suresh Sharma Sri R.Shirambekar We are in receipt of your Letter No HR & IR/ KSC/ GS/ 2347 dated , written in response to our Letter No 2016/379 dated 26 th March 2016, informing us that IBA is unable to hold discussion with our organisation in the absence of specific mandate from the member banks to do so. 2. We find that during the course of negotiation on the last wage settlement, 17 rounds of discussion took place between IBA and unions wherein issues pertaining to past retiree were also discussed and at the end, while signing wage settlement for employees on , Record Note in respect of the pending issues which purely covers the retirees who retired prior to the period of last settlement was also signed by IBA. This document specifically deals with various pending issues pertaining to the past retirees and course of action IBA proposes to take to dispose of them. We believe that it was not possible for IBA to come out with the above stated document with specific action programme on pending issues without specific mandate to do so from the member banks. 3. In view of the above, we shall feel obliged if you will kindly confirm us that though IBA has mandate to deal with past retiree issues from member banks but no specific authority to hold discussion with the retiree organisations. 4. We are happy to note that as per your above letter written to us, IBA has sent another Communication No CIR/HR & IR/ GS/ / 2263 dated to member banks reiterating earlier advice given vide Circular No. CIR/ HR & IR / G5/ dated to evolve a mechanism at the corporate level for redressal of the grievances of retirees so that the same can be discussed and settled across the table by the representatives of the Retirees Federations/Associations with individual banks. We shall feel obliged if copy of your above referred recent communication may be provided to us to enable us to advise our affiliates to take appropriate steps for effective implementation of the scheme in liaison with the management of individual banks.with Regards Yours Sincerely, Treasurer Sri M.S.Chourey ( S.C.JAIN ) GENERAL SECRETARY Mobile: sharbat_123@rediffmail.com Website:

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