SBMPC - General Secretary Report

General Secretary’s Report Pranams to every one of you. I owe every one of you gratitude. Thanks, infinite. Our Central Committee craves for condoning the delay in conducting this Conference, which was due on the 29th September, 2015. Our Central Committee recognizes the magnanimity of members of our Commune. I would proceed further, if you condone the delay. On behalf of Central Committee of State Bank of Mysore Pensioners’ Commune, I am presenting saga of our toil, efforts, successes, achievements, benefits, accomplishments, short-comings, victories, failures, and pains during last four years. I am placing this report for you to dissect, debate, argue and suggest. We should also be creating a Blue print of our activities for next term. Dear Sirs and Madams, when someone you love becomes a memory, the memory becomes the treasure. Still, it is painful. Simply, it is impossible to fill the Vacuum. The most painful Goodbyes are the ones that are never said and never explained. During last four years more than 250 of our friends, ex-colleagues, superiors, sub- ordinates, gurus and shishyas, are not with us. They have reached heavenly abode. We shall all join together to pray. SBMPC dips its banner in honour of the departed colleagues and Let the departed souls rest in peace. We are fortunate. Unlike earlier terms, we lost only one member of our Committee, Shri Srikantaiah. Ever smiling and always helpful Shri Srikantaiah was member of Central Committee of our Commune. He was Mr.Dependable. All of us were fortunate to have such persons as members of our Committee. But, it is unfortunate to lose such a person. During last four years, we have lost many eminent personalities. The list is very long. But, some of them are : Dr. A.P.J. Abdul Kalam, Justice V.R.Krishna Iyer, R J Sridharan, N Sampath, A.B. Bardhan, Chavez, Margarat Thatcher, Lalgudi Jayaraman, T.M.Soundararajan, Mohan Dharia, G P Deshpande, S S Thiagarajan, Satyapal Dang, Dr.Narendra Dabholkar, Pran Chopra, Anjali Devi, M.V.G.Nair, U.R.Ananthamurthy, Benoy Konar, N.Mahalingam, Phillip Hughes, K.Balachandar, P.S.L.M.Haragopal P.B.Srinivas Rao, Dilip Mukherjee (RRB), J.S.Varma, Samar Mukherjee, Sarojini Varadappan, J.S.Bhatnagar, Veliam Bhargavan,

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T.K.Dutta, Nelson Mandela, G.S.Shivarudrappa, Parvathi Krishnan, R.Umanath, Attun burrough, Mandalin Srinivas, Kushwant Singh, Deven Verma, R.K.Laxman, Shakunthala Devi, Manna Dey B.P.Bajpai, R.A.Mittal, Sis Ram Ola, Kali Ghosh, N.K.Swamy, Dr.Shanthi Patel, Bipan Chandra, Som Benegal, Rajam Krishnan, A.R.Antulay, C.R.Venkateswaran, Nagoor Hanifa, Lee Kuan Yew P.S. Gopalakrishna Pillai, M .S.Viswanathan, Manorama Sharad Joshi A.B.Bardhan A.Nageswara Rao Gopinath Mundhe S.K.Vyas Govind Pansare, Noorul Huda, Sadhana, Mufti Mohammad Sayeed, Ritu Panighom, Sushil Koirala, B.N.Nagarajan, Kannada Writer Kalburgi, K.G. Kamath, Ritupani Ghosh, Kamala Ramakrishnan, Bani Deshpande, Mrinalini Sarabhai, M.A.M. Ramasamy, Balram Jakhar, O.N.V.Kurup, Jagmohan Dalmiya, Saeed Jaffrey, Syed Zahoor Qasim, S. S. Tarapore, Nida Fazli, Sudhir Tailang, K.V.Krishna Rao, J.F.R. Jacob, Sarosh Homi Kapadia, Abdul Rashid Khan, Rajesh Vivek Upadhyay, V. Rama Rao, Mangesh Keshav Padgaonkar, Ustad Sabri Khan, Ashok Singhal, Shankaran Nair, Lakshman Rao Mohite, G M Natarajan, We shall all join together to pray. Let the departed souls rest in peace. It is a custom and practice to thank those who had helped, in closing paras of General Secretary’s report. But, we have decided to set a new and desirable trend of thanking in the beginning of this report. It is they who are responsible for achievements during last four years. It is their support, advise and hard work, working shoulder to shoulder in achieving some positives for the benefit of members of our Commune. There are some who have helped me personally in discharging my duties as General Secretary. We shall take time to be thankful for everything that we have. We can always have more, but we could also have less ! Jennifer Gayle says : Find beauty in the things around you, choose patience and happiness, being thankful in this moment and appreciate all of the little things in life that mean so much. - Be still, see the bigger picture beyond yourself, see its beauty. Sometimes it takes hitting rock bottom for your eyes to be truly opened. Our members form the life line of our Commune. There is no Commune, without you. Your confidence in the Committee has given us immense strength to do very small things for you. Our Committee is aware that what we have done is nothing great in the backdrop of your support, your participation, your love and affection. Tremendous support we are receiving from our members gives us courage and conviction to serve them better. Today’s attendance has demonstrated our strength and we would proudly say our members are second to none in their Commitment. 2 SBMPC - General Secretary Report

With your financial support and your presence in person have made our Organisation, one of the strongest Bank Retirees’ organisation. Everywhere, numbers matter. You have become member of our Commune and added numerical strength. When we requested you to strengthen our finances, you are generous. You are contributing your mite by giving standing instructions. Whenever, we have given a call to participate in Agitation program, you are present. In every such program every second person is our member. With your participation, you have strengthened our Commune. On behalf our Central Committee, thank you very much. As Prasad, personally, I would like to thank you. It is you who has made a nondescript person, what I am today. Thank you and Thank you very much. We owe our members, sincere thanks. Dear friends, entire committee joins me in thanking you. Thanks, a trillion. Management of our Bank, State Bank of Mysore should be thanked for every possible help. You have given us, everything what you can give. We understand, your limitations. You have given us many benefits, which many or most of other Banks have not given to their former employees. Every one of you have helped our members. You have given us space, both in your hearts and premises. Infinite thanks, sirs. Deputy General Managers, Chief Managers and every Officer and workman in Industrial Relations Dept., Pension, Gratutity Dept., & Provident Fund Department deserve special thanks. Contribution and help of Dr. K Lakshmisha, Director of our Bank and Shri Jayesha, General Manager is immense and helped us in every step and whenever we required their help. We thank both these gentlemen for their help and contribution. We thank Shri S C Jain, General Secretary, Shri Deshpande, President and Shri S V Srinivasan, Deputy General Secretaryof our Apex Organisation, All India Bank Retirees Federation, our Apex Organisation for all the advise, guidance and help. They value strength and contribution of our Commune. We are thankful to them. It is not only the Organisations, viz., SBM Employees’ Union and Associate Bank Officers’ Association – SBM Unit, but also leaders of these organisations, especially, Com S R Powar, General Secretary and Shri N Rangaswamy, President and every other leader of SBM Employees Union and Shri R Ramesh, General Secretary,

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Shri Harikrishna, President and every other leader of Associate Bank Officers’ Association – SBM Unit have treated our Commune as their own Organisation and helped us. They are with us. We are proud that we have such wonderful employees’ and officers’ organisations in our Bank, Mysore Bank. We thank them for everything they have done to us. I bow my head before every member of my Central Committee for standing with me through thick and thin, when our Commune had to face challenges. You never allowed dilution of our independence in functioning and with all humility at my command, I would say, thanks. Thank you very much. There is one gentleman, who retired along with me, way back in 2001. Today, he is there in the Office every day. Whether, General Secretary or President or the Treasurer, present in the Office or not, he is present. He has done every possible thing in helping each one of us. Thank you, Shri Ramachandra. He is 90 years young on next 1st December. He is working assiduously for our Commune, during last 21 years. His mere presence itself reminds that we are not old. We are so young. When he can, why not we ? Every one of us should thank Shri C E Sundar Rao, our Founder Treasurer. Thank you, Sir. Hats off !!!Your Commitment and sincerity. But, for his support and presence, perhaps I would not have spoken to you today. Therefore, I would like to thank you very much. Words in my vocabulary are not sufficient to thank him. Thank you Sir. Our President, Shri N Jagannathan is 87. Over 50 years of serving Bank Employees and retirees, is a great achievement. He is an iconic figure. His contribution by forming a Retirees’ Organisation, SBM Pensioners’ Commune and his continued service is also responsible for all of us being here. He continued to guide us. All of us join you in thanking him for his sacrifice and contribution. Most of Office Bearers of our Commune who are in Bangalore and involved in day today activities of our Commune do not have much of Trade Union experience. We need advice and guidance of those who have decades of experience. We had the privilege of Shri Ka Na Shri’s advice and guidance. We are thankful to him. We have the privilege of service, aid, assistance and advise of Shri Siddagangaiah. Personally, I have drawn plenty of support and guidance from Shri Siddagangaiah. Every one of us, I included is thankful to him.

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There is young, committed and sincere brigade which is working for welfare of our Bank retirees through our Commune. They would be in the office of our Commune, every day whenever, their presence is required. Smt. Geetha Devi, Smt. Shylaja Kumari, Shri Shamsundar, Shri Dayananda Kumar, Shri Taranath, Shri Sathyanarayana, Shri Siddaramappa, Shri Govindappa and Shri Thulasi Prasad. We fail in our duty and gratitude is absent if we fail to thank Shri M Anjani, Shri S Gundu Rao, Shri T S Nagaraja, Shri H S Nanjunda Swamy and other Senior members of our Commune, Shri C Gopinathan Nair, former Vice President of AIBRF and Shri C Gopinathan Nair, Organising Secretary of AIBRF and also President of Coordination Committee of Associate Bank Retirees’ Organisations. Shri T V Gurumurthy was our General Secretary from 7th April, 2011 till 12th March, 2012. Under his leadership, our previous Conference was conducted. It is on account of his efforts, we started visiting Staff Learning Centre for attending Pre-retirement Training Programs and converting a ‘godown looking’ Office to a decent office. We are thankful to him for his contribution and service. We also congratulate him on receiving Kempe Gowda Award. We fail in our duty, if we do not thank Shri S Siddagangaiah, Shri K Chandrashekar, Shri K Hanumantharayadu and Shri Changalaraya for coming out with an idea of providing Pensioners’ Wallet and also sponsoring the same. Shri Mohandas Rao, who is a resident of Shimoga should also be thanked for his guidance and participation, through our Google Groups. Many of our members have derived benefit out of his service and has certainly reduced our work to the great extent. It isan usual practice to include National, International, Banking, etc. scenarios in General Secretary’s Report, detailing various happenings around the world. But, our Commune has decided to move away from this tradition. Our members are retired and well informed. They have luxury of free time post retirement. This has enabled them to learn and understand far much more than what we can add in the General Secretary’s report. Instead, it is felt that the valuable and scarce time be utilized for discussing and highlighting issues concerning Bank retirees’ in general and our members in particular. This congregation should discuss, dissect and find solutions for the problems faced by our members. Huge challenges we face do not provide us time to discuss issues like how many days our Prime Minister of our 5 SBMPC - General Secretary Report

Country was away from India. Therefore, we shall focus on problems and solutions. We shall utilize every minute of time we spend today and optimise the results. Our Commune and its footsteps : It is said that those who forget History, will not even be a part of the History. During last four years, over 2000 have joined us. They may not have the knowledge of journey of our Commune. Therefore, we are duty bound to inform them as to our History. On the 29th October, 1995, a vibrant and committed Bank Retirees’ Organisation was formed. The Venue, Sir M Vishweshwaraiah Auditorium, Head Office Building witnessed congregation of over 150 retirees of our Bank. It was also a memorable day when three doyens of Bank Employees’ movement in our State of Karnataka in general and our Bank in particular, occupied the stage. They were Com P S Sundareshan, Com N Jagannathan and Com M Anjani. They need no introduction. Com P S Sundareshan inaugurated the Organisation. Com N Jagannathan was elected as the President. Com M Anjani facilitated formation of this organisation. We are proud that Com N Jagannathan is the President of our Commune for over 20 years. Perhaps, he is the longest serving President of any Bank Retirees’ Organisation in this country. Com M Anjani is proud member of our Commune. Com P S Sundareshan continues to guide us. The first General Secretary or founder General Secretary was Late Shri H S Janardhan, the first Cash Officer of our Bangalore Branch. He continued as the General Secretary till he left this world. He was a Retired Officer. For all of us, Union means, State Bank of Mysore Employees’ Union and Association means, Associate Bank Officers Association: SBM Unit. When, this Commune was born, vision of founders was that Pensioners’ Organisation means only one organisation for all former employees of our Bank, i.e our Commune now, which was Unionthen. With the cooperation and understanding of retirees and pensioners of our Bank, State Bank of Mysore Pensioners’ Commune is the ONE organisation for every retiree/pensioner of our Bank. The vision of visionaries who are responsible for forming one composite organisation is the guiding factor and remain a guiding factor. It was felt that the word ‘Union’ in the name of our organisation indicates that this organisation is for those who retired as award staff. With a view to erase such an 6 SBMPC - General Secretary Report impression and to make our Commune truly inclusive organisation, both in letter and spirit, the word ‘Union’ is replaced with the word ‘Commune’. Perhaps, there is no other organisation in this country with the word ‘Commune’ in it. The meaning of ‘Commune’ is ‘Converse or talk together, usually with profound intensity, intimacy, etc; interchange thoughts or feelings’ or to be in in timate communication or rapport’ if used as a verb or ‘a group of people living together and sharing possessions and responsibilities’ or a close-knit community of people who share common interests’, if used as a Noun.Every meaning is wonderfully appropriate. Now, our Commune is the confluence of every retiree of our Bank. Understanding and foresight of our leaders is proved to be right. State Bank of Mysore Pensioners’ Commune has travelled the journey of over 20 years. There are very few bank retirees’ organisations which are as old as our Commune. This journey has taught us many lessons, which other retirees’ organisations had no such opportunity. Historically, the period of last four years has situations or events which have brought cheers or pains. Events and information of this period is presented to you. Our membership : The objective of our Commune is to bring in every former employee of State Bank of Mysore into its fold. Functionaries of our Commune are aware that continuous and sustained efforts are required, especially when more and more retirees have already become members. We have continuously and assiduously, made efforts to bring in non-members into our Commune’s fold. We also believe that the confidence in our Commune would only grow with conduct of its functionaries, how it responds, how members are treated, how issues are identified and tackled and performance. We have undertaken many activities/measures to reach out to the retirees of our Bank. Those who had not become members have started appreciating the activities and commitment of our commune. We have provided them reasons to become our members. Increase in the number of our members and response to our request to become member of our Commune, has confirmed that members of our Commune have faith in our Commune. Following activities/efforts have helped our members and non-members and are some of the reasons for growth of our Commune : a. Our sincere efforts to secure some of the Benefits ;

7 SBMPC - General Secretary Report b. Programs, Celebrations, Seminars and Workshops conducted during the period 2013 -2016 ; c. Imparting knowledge regarding post-retirement life to retirees during Pre- retirement Training Program, as to various benefits, steps to be taken during post-retirement period, options available for investments, etc. d. Distributing most useful Kit at the time of retirement ; e. Contacting those who have not become members, personally ; f. Sending Medi-Assist E-Cards ; g. Flow of information by SMSs and Email. h. Faster flow of information ; i. Information through various media. We have attended every Pre-retirement training provided at Staff Learning Centre, Mysore and interacted with the participants. We have provided them with a kit, which has formats of the forms which are useful, post retirement, information regarding method of calculating terminal benefits and copies of our Magazines & Circulars. We have also assisted them in obtaining Senior Citizens’ Identity Cards, if they are residents of Bangalore. We have guided them how to secure these ID cards, if they are not staying in Bangalore. All these efforts have raised their confidence in the functioning of our Commune. We have created an environment, where the retirees of our Bank feel that there is an organisation which would take care of their future. They are also confident and feel that our Commune would bring in best possible benefits. This feeling and aura has resulted in more and more retirees of our Bank becoming our members. Figures speak for themselves. During first five years, our Commune added 625 members. 278 of our Bank retirees have become members of our Commune during next five years. Our membership reached 1524 at the end of 2010. Our Commune had 2150 members at the end of 2011. On the date of last conference, we had 2572.

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Date No. of Members Membership added Number 1st October, 2012 2572 31st December, 2012 (3 months) 52 2624 31st December, 2013 365 2989 31st December, 2014 456 3445 31st December, 2015 565 4010 16th September, 2016 (8 months & 16 days) 664 4674 Total 2102

Our Commune has added 2102 members during this period of four years. In the same period, number of those who retired is 1530. It can be observed that those who have retired earlier are becoming members of our Commune in large numbers. They have observed the activities undertaken by and functioning of our Commune. Now, we have over 85% of retirees of our Bank as members. It is our desire and dream that before the end of this year, we would like to cover 90% of retirees. With your cooperation, it appears to be easier. Our Cadre and designation is like a game of chess. While playing, we have King, Queen, Rooks, Bishops, Knights and Pawns. But, after the game all of them are placed in a box. Only one Box. Similarly, till we are in services, we have various cadres and designations. On retirement, there is only one designation, ‘Pensioner’. All of them join one organisation, State Bank of Mysore Pensioners’ Commune. Only way to wipe out any feeling that our Commune is ‘Union’ and mostly retired Award Staff are its members, we have mapped designation/cadre of our members at the time of their retirement. We have over 1300 members who were Officers, while in service. On behalf of the Central Committee, I request and appeal for bringing your every friend into the family of our Commune. This has lot of significance post-merger. We have the ambitious target of adding 1,000 members during this year, 2016. So, far we have added 664 members in eight months & fifteen days. We have three months and fifteen days’ time left to add another 336 members. With your support and involvement, we are confident that we would add 1,000 members.

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Central Committee has approved admission of these members. We urge upon this General Body Meeting to confirm their membership. Our Bank’s Merger with or acquisition by State Bank of India : Media and also umpteen rumours reported and discussed proposed merger of Associate Banks with State Bank of India. These reports and rumours were false. Mergers did not take place. At periodical intervals over a period of couple of decades, mergers were discussed. Such news was dismissed with contempt. But, on 18th June, 2016, merger information was received with pain, shock and bewilderment. Though impact of merger on retirees is insignificant, still it is painful to note that the organisation which gave us ‘Roti’, ‘Kapada’ aur ‘Makan’ would be there only as a part of history. Thereafter, ‘MYBANK’ is ‘STATE BANK’.Processes relating to merger is in full swing. One may receive information regarding merger at any point of time. We have already assured members who are pensioners that payment of Pension to Associate Bank Retirees would continue to be in terms of Bank Employees’ Pension Regulations, 1995 and merger of Associate Banks, including State Bank of Mysore cannot alter quantum of pension. Details of post-merger scenario are awaited. It is pre-mature to discuss benefits that may be made available to our Bank retirees post-merger. But, it is certain that some benefits like distribution of Sweet Packets on Bank’s Foundation Day, Payment of amount under Shradhaanjali Scheme (But, our Commune is launching ‘Shradhaanjali’ Scheme, today), Annual Diagnostic Charges out of Staff Welfare Fund may not be available post-merger. Our Bank retirees are not naive to believe that these kinds of benefits would be made available to Associate Bank retirees, without extending these benefits to retirees of State Bank of India also. Till date we were discussing issues/requests/benefits with our Bank Management. Many of these issues are required to be decided by the Corporate Centre of State Bank of India, by the top management. Further, State Bank of India is not a party to any settlement/Joint Note as far as Pension matters are concerned. Since, their Pension Regulations are different, decisions in respect of Pension matters in State Bank of India is decided at the Bank level itself. But, for those who are covered by Bank Employees’ Pension Regulations, 1995, improvement of pension is decided at Industry level, involving Indian Banks Association. But, other benefits extended by

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State Bank of India are not yet clear. Therefore, we need to have two different roles. This issue is discussed in detail as a part of issues concerning organisation. But, majority of opinions expressed in the Questionnaire is that we should continue to maintain our Identity. It is our opinion that we should not only continue as ‘State Bank of Mysore Pensioners’ Commune’, we should also continue to enroll employees who were working for State Bank of Mysore, but retired from State Bank of India, on account of merger. Then, our organisation continues to grow. We should chalk out programs for continued growth of our Commune. But, there is no doubt or dispute that every retiree in Associate Banks should come under one umbrella, as far as subjects to be discussed with Top Management of State Bank of India. Formation of groups based on various criteria would harm the interest of Associate Bank retirees. Today, we need to take several decisions. Some of the decision relate to membership of our Commune and its future. Our activities : Our Commune does not restrict its activities to activities/events associated/directed by our Apex organisation, All India Bank Retirees’ Federation. We believe that strong base units with committed membership alone would strengthen Bank Retirees’ movement. This is possible only by indulging in various activities, other than agitation programs. We are extremely pleased to report that we have organised several programs for the benefit of our members. It was dreams and desire to have conducted many more such programs. We assure you that we would continue to organise such programs during years to come. Centenary of our Bank : It is a privilege and a life time opportunity to witness completion of 100 years of existence of an Organisation for which one has toiled for decades, sincerely to the best of one’s abilities. We are also a part of the history of State Bank of Mysore. We are also fortunate that we have amongst us, those who were working in Bank of Mysore Ltd. We also have, amongst us, who have played a major role in establishment, strengthening and growth of State Bank of Mysore Employees Union and Associate Bank Officers’ Association – Mysore Unit. We feel that our Bank, State Bank of Mysore, our Union, State Bank of Mysore Employees’ Union, our

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Association, Associate Bank Officers’ Association – Mysore Unit and we, the retirees form four pillars of this successful saga. We are joined by more than 4600 retirees and over 10000 employees who have contributed for successful saga of our Bank, in celebrating completion of existence of glorious 100 years. We celebrated Centenary of our Bank in an exemplary manner. Sunday, the 2nd February, 2014 is a red-letter day in the annals of our Bank, State Bank of Mysore, our Organisation, State Bank of Mysore Pensioners’ Commune and every retiree of our ‘My Bank’. It is on that day, Vijaya College auditorium was over- flowing with retirees of our Bank, when they congregated to celebrate 100 glorious years of State Bank of Mysore, for which retirees have toiled for decades. They had the opportunity to chew memories of their working years. They could meet several of their former colleagues after decades. Every one of them was also proud to have worked for this great organisation. The event was memorable and every participant would remember this event for a long time to come. Retirees were greeted with placards with years starting from 2013, the year in which namma bank turned 100 through every year till 1913. Entrance of the auditorium had the year 1913, the year in which our Bank was founded. These placards with years 1913 to 1959 had ‘Bank of Mysore Ltd’ and ‘State Bank of Mysore’ was inscribed on the placards with years from 1960 to 2013. Celebrations commenced with release of Balloons. At 11 a m Managing Director of our Bank, Shri Sharad Sharma released 100 White and Blue Balloons. Each of 100 retirees also released a balloon. More than 700 retirees congregated in the auditorium. Our Managing Director, Shri Sharad Sharma, General Managers of our Bank, Shri Lakshmisha and Shri Vijay Dube, Shri V Manjunath, former President of SBM Employees’ Union and Shri S Gundu Rao, former Chairman of ABOA were among the dignitaries seated on the dias. Our member, Smt. Parvathi Murthy rendered Invocation. Thereafter, Celebrations were Inaugurated by Lighting the lamp by our Managing Director, Shri Sharad Sharma. In his inaugural address, Shri Sharmaji wished that our Bank would celebrate 200 glorious years. He also accounted the contribution of former employees. He also urged retirees to support the Bank in every possible way. Thereafter, Shri Lakshmisha explained the contribution of our Bank for the development of Karnataka. He also explained the journey of 100 glorious years of Mysore Bank with a power point presentation. 12 SBMPC - General Secretary Report

Our Chief Guest of this programme, Shri H N Anantha Kumar, MP and former Minister, Government of India appreciated the need for improvement in Bank Pension Scheme. He also highlighted the need for improvement in pension, duly recalling the struggle of his father during his retirement years. He also advised us to take a delegation to New Delhi, where he would lead the delegation to various authorities including Ministers, Members of Parliament and Bureaucrats. He also said that Bank retirees deserve pension updation and appreciated need for improvement in family pension. He also stated that Retirees’ Organisations should also be involved in discussion/ negotiation with regard to issues confronting retirees. Thereafter, a huge cake was cut by Shri Anantha Kumar and our Managing Director, Shri Sharad Sharma. Shri Ravi Subramanya, MLA who was present on the occasion alongwith Shri Anantha Kumar, released our house Magazine, ‘Shathayu’. Shri V Manjunath, former President of State Bank of Mysore Employees’ Union recalled the contribution of employees during 100 glorious years of State Bank of Mysore. He explained the sacrifice of employees for the growth of the Bank. Shri S Gundu Rao and Shri Vijay Dube also greeted retirees on the occasion. Shri H S Nanjunda Swamy, our Senior Vice President presided over and vote of thanks was proposed by Smt.Shailaja Kumari, Organising Secretary. Shri M Putta Swamy, Secretary compered. This event was covered by Samaya News Channel and it is also reported in Kannada Prabha on the 4th February, 2014. We are also thankful to M/s Adamya Chethana, which is providing free mid-day meals for two lakh school children for sponsoring the lunch. Smt Thejaswini Anantha Kumar is the Life Trustee of Smt Girija Shastry Memorial Trust which is undertaking this programme under the banner of ‘Adamya Chethana’. Our Commune donated a sum of Rs.10,000/- recognising the contribution of ‘Adamya Chethana’. This was the first event, other than our members’ meeting or Conferences, to be organised by our Commune. Meeting of our Bank retirees who are practicing advocates A meeting of retirees of our Bank who are practicing as Advocates was organised by our Commune on the 20th October 2014. An extended Central Committee meeting

13 SBMPC - General Secretary Report was also conducted on the same day, wherein these Advocates were also invited. Many Advocates participated and legal perspective of various issues confronting our Bank retirees were discussed. We had also invited our member, Shri S Gundu Rao, former Chairman of ABOA:Mysore Unit and he also participated in the deliberations. A resolution was also passed in the meeting to launch agitation programs in the event of State Bank of India and/or our Bank do not consider and resolve various pending issues, many of which are legitimate and genuine. The General Secretary was also directed to chalk out these programs in consultation with other Senior Office Bearers and also forward this resolution to our Bank Management.

Workshop on Inheritance and Devolution of properties on 22nd September, 2014

It is our endeavour to provide right information and educate our members regarding various aspects of Life. It is also required to know rights and duties. And also about entitlements and commitments with regard to properties they own. These properties may be Self-acquired or inherited. In this direction, it was felt that many of our members have desire to understand what is their right in respect of properties – both movable and immovable, whether self-acquired or inherited. They also want to know to what they have received as their share of Ancestral property is correct. Many of them also have desire to know to what extent they have right to pass on their assets to their Spouse, Children and/or other Legal heirs. They also desire to understand as to means, methods and instruments to pass on their asset. They should also know about the precautions they need to take, when they inherit or when they pass on. Many of us are not aware of cost and legal implications of all these aspects. In order to help them in avoiding any legal tangle, we had organised a Seminar with the title ‘Your Property, Inheritance & thereafter – Your Rights, Duties and Responsibility’ on Monday, the 22nd September, 2014 at ADA Ranga Mandira, Opposite to Ravindra Kalakshetra, J C Road, Bangalore at 2 30 p m.Shri K R Keerthi, DGM (Law) of our Bank and practicing Advocates (and our members), Shri LV Muralidhara and Shri M Y Kumar spoke. More than 400 of ourmembers present on that day, were enriched by the knowledge shared by these legalluminaries. Subjects, they dealt with included Inheritance and Devolution of properties.

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Seminar on Controlling your asset – Second Part& Honouring Com. J Lokesh :

We had organised a Seminar on ‘Controlling your Asset after you’ at Vijaya College Auditorium on the 2nd November, 2014. This was organised in association with Council of Financial Planners. Shri Pradeep Hattangadi, Shri A Suresh and Smt Neeti Trivedi explained various aspects of Estate Planning including Wills, Assignments, Lien, Nomination, etc. Those who attended had loads of knowledge to carry. Over 450 of our members attended this program and one thing is common in every program organised by our Commune. ‘Want more, much more’. Our members desire organising many such events. We also believe that well informed membership is essential.

We are also happy to note that our Bank paid a sum of Rs.25,000/- towards organising this event. Perhaps, this is the first event, where our Commune was able to secure such contribution from our Bank.

Shri J Lokesh, our member and former Secretary of SBM Employees’ Union has also made us proud when he was honoured by Karnataka State Government with ‘Rajyothsava Prashasthi’ on 1st November, 2014. He was also honoured by our Commune on that day. Perhaps, our Commune is the first to honour him on his achievement.

State Bank of Mysore Employees’ Union :

Bank Trade Union movement in our Bank commenced with our SBM Employees’ Union. Our Commune was also founded with the aid and assistance of SBM Employees Union. We continue to have the privilege of support from our SBM Employees’ Union. Triennial Conference of SBM Employees’ Union was held in Bangalore on the 27th and 28th March, 2015. Inauguration of the Conference was held on the 27th March, 2015, evening. Shri N Rangaswamy is elected as President, Shri Miland Katti and Shri Pandu as Vice Presidents, Shri S R Pawar as General Secretary, Shri Raghavendra, Shri Krishna Murthy, Shri Ravishankar, Shri Yogeshwaran and Shri Venkoba Rao as Secretaries and Shri Sarveshwar Rao as Treasurer. With the present0.2 leadership, we have an excellent relationship with SBM Employees’ Union.

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Associate Bank Officers’ Association – SBMUnit : Triennial Conference of ABOA – Mysore unit was held on the 11th of October, 2015 at Bangalore. Shri Harikrishna G (President), Shri Raju D (Vice President), Shri Ramesh R (General Secretary), Shri Nagesh V N (Deputy General Secretary), Shri Thulasiram (Treasurer), Shri Deenadayal G, Sriram S, Shri Arora D K (Asst. General Secretaries), and Ms.Roopa J Rao, Sreejit V K, Sunil V, Nataraj B H M, Shri Bhaskar Pai Ramachandran C, Chandrasekhar K M, Suresh H G, Murali J (Secretaries) are elected for the next term. We are privileged to have support of Officers of our Bank represented by Associate Bank Officers’ Association. Retirees of Mysore Bank request and expect continued cooperation and assistance from SBM Employees’ Union and Associate Bank Officers’ Association – SBM Unit in securing legitimate benefits. Meeting with Managing Director (A&S), State Bank of India and Shri Harshavardhan Madhubashi, General Secretary, Associate Bank Officers’ Association : On behalf of Coordination Committee of Associate Bank Retirees’ Organisations, we had a meeting with Shri Kannan, Managing Director (A&S), State Bank of India on the sidelines of Joint Meeting of Executives of State Bank of India and its Associates with leaders of Associate Bank Officers’ Association held on the 22nd December, 2014 at Bangalore. We have impressed upon the SBI management for a meeting of representatives of retirees’ organisations in Associate Banks with representatives of SBI Management. We have also requested the SBI management to extend various benefits which are available to its retirees in State Bank of India and also order payment of benefits in respect of which cases are pending before various courts, such as addition of 5 year notional service to VRS-2001/Exit Policy retirees, Pension Option to Exit Policy retirees, etc. We have been assured that they would consider our request. In the meantime, we also had a meeting with Shri Harshavardhan Madhubashi, General Secretary, ABOA. Shri Guruswamy, General Secretary, ABOA : Mysore unit who was present, also supported our cause. Shri Harshavardhan Madhubashi assured us that he would take up issues raised by us with MD, A&S Department of State Bank of India. He has since taken up the matter with MD, A&S Department of State Bank of India. We are thankful to Shri Harshavardhan.

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Workshop on Medical Insurance at Bengaluru, Mysore and Tumkur :

Our Commune is in the forefront in providing information and guiding members in various aspects of retired life. Earlier issue of Mysore Bank Shathayu provided complete information regarding importance of Medical Insurance. Workshops at Bengaluru (19/10/2015), Mysore (31/10/2015) and at Tumkur (21/11/2015) were organized.

Medical Insurance Workshop for the benefit of our members residing in Tumkur District was held on Monday, the 19th October, 2015. Over 60 of our members residing at Tumkurparticipated in the Workshop.

A meeting of our Members was organised on the 31st October, 2015 at Babbur Kamme Hostel, Mysore Premises. This meeting was organised for the twin purposes. Explaining all about medical insurance scheme and also inauguration of celebration of 20 years of service by our Commune are two objectives. 70th Birthday of Shri H S Nanjunda Swamy was also celebrated on that day. Over 200 of our members participated in the program and got clarification in respect of every doubt/query of them.

Workshop on Medical Insurance Claim processes at Bengaluru and Tumkur

A program to make members understand about claiming Medical Insurance was organized in Bengaluru on the 12th January, 2016 at 2 30 pm at ADA Ranga Mandira, J C Road, Bengaluru. Representatives of MediAssist India, the Third Party Administrators, who manage claims under IBA Group Medical Insurance Scheme of our Bank, explained claim processes, in detail. They also answered every question and cleared doubts with regard to claim processes. Perhaps, SBM Pensioners’ Commune is the only Bank Retirees’ Organisation to conduct such an independent program.

The response of the members was also overwhelming. Over 700 members attended this program and most of them were from Bengaluru.

Medical Insurance Claims Process Workshop for the benefit of our members residing in Tumkur District was held on Saturday, the 13th February, 2016. Over 75 of our members residing at Tumkur participated in the Workshop.

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Grievance Cell Meeting was held on 24/07/2015 : Memories of members are recalled with regard to the concept of constitution of Grievance Cell and periodical meeting of the cell to redress Grievances which was introduced on account of efforts of our Apex Organisation, All India Bank Retirees’ Federation. One such meeting in our Bank was earlier held on 22nd March, 2012. Even though, a meeting was conducted, the benefits derived by retirees of our Bank, was also limited. Our Commune pursued continuously with our Bank management for conduct of another meeting. Commune was asked to submit the list of issues/demands and Grievances. Precedence, Court decisions, provisions of Bipartite Settlements/Joint Notes, situations in other Banks, Legal positions, Law/ Rules, etc. were presented along with every required document, in support of issues raised by our Commune. Still, meeting did not take place. Fortunately, Sri Ramasubramanian, Director of our Bank who also belong to our tribe, raised this issue at various forums/platforms, which culminated in conducting preliminary Grievance Cell meeting. Shri Parthasarathy, then General Manager (HR & GA), Shri Pradeep Kumar (since retired), the then Deputy General Manager and Shri K Jayakumar, Chief Manager (IR) and every other Officer in Industrial Relations Department helped retirees in organizing ‘Grievance Cell meeting’. Two representatives from each of the Retirees Organisations in our Bank, viz. our Commune and ABROA – Unit : Mysore were invited to attend the meeting. Our Commune was represented by the General Secretary, Shri C N Prasad and Vice President, Shri S Siddagangaiah. The list of benefits include : Payment of Gratuity by including Extra-Ordinary Leave on Loss of Pay, period of suspension, period of Temporary service, before regularization and entire period of service instead of proportional service in respect of part-time employees, Extension of another option to become a member of REMBS to non-superannuated retirees, addition of ailments to the list of ailments covered, removal of ceiling on amount reimbursed in respect of various ailments (which is already implemented) and payment of full amount of bills, removal of discrimination against SBMVRS retirees in respect of rate of interest on loan against own securities, payment of pension/extension of pension option to those who retired under SBMVRS, but served for a period less than 20 years, pension option to those who retired under exit policy and five year notional service benefit to those who retired under SBMVRS/Exit policy, Delay in settlement of terminal benefits, recovery of leave

18 SBMPC - General Secretary Report salary out of terminal benefit in respect of those who retire voluntarily, but absence during notice period, without any leave at credit, Extension of pension option to those who could not take advantage of second pension option, dispensing medicines at Banks clinics to retirees, Payment of pension on 27th of every month, like SBI, Loan to our Bank retirees at a concessional rate, Group Medical Insurance coverage out of Staff Welfare Fund allocation and Reduction of Commutation from the date of payment, instead of from the date of retirement. Most of these benefits, we believe, have been agreed to be extended. Due to some technical and inexplicable reasons, many of these agreed benefits have not yet been extended. SBMPC is proud that it is the only retirees’ organization in the country, which has compiled such grievances of retirees, many of which are not extended in many other Banks also. We are pursuing conducting of Grievance Cell meeting, where we reach logical conclusions. Successes of efforts by our Commune : Our Commune is raising various issues confronting its members. Our Commune has succeeded in some and but, not yet in some others. This does not mean that our Commune has failed to secure some legitimate benefit. If our Commune has not succeeded in some means that efforts are still on and issues have not reached finality. But, our Commune is certainly proud that our Bank retirees have several benefits which are not extended in most of the Banks. In most of such benefits, our Commune has played its role. We have the advantage of enlisting support of both Workmen’s and Officers’ Organisation. Many of the benefits secured are on account of support and assistance of leaders of Union and also of our Association. Some of them are : a. Payment of Pension to our members even before Pension Regulations, 1995 was notified in the Official Gazette. Shri C E Sundara Rao, our Founder Treasurer, is the first retiree in Associate Banks to receive Pension ; b. Our Bank is the first Bank to pay amount out of unclaimed/forfeited amount laying in Provident Fund in the event of death of an employee, as funeral expenses. This Scheme is named as ‘Shradhaanjali’. With the efforts of our President and leaders of our Commune, this is extended

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to retirees also. Now, this is extended in every Associate Bank. The amount paid, currently is Rs.15,000/-. Perhaps, our Bank is the first to introduce and our Commune is the first to ensure introduction of such scheme in the Banking industry ; c. Diagnostic Charges is being reimbursed in our Bank, out of Staff Welfare Fund allocation. This was introduced even before Govt. of India advised Public Sector Banks to extend this benefit. The amount reimbursed during last and this year is Rs.4,000/- for all former employees and their surviving spouses. Perhaps, the only Bank to disburse such benefit to all, irrespective of mode of their exit ; d. Every benefit available to Superannuated Retirees is available to every retiree of our Bank, irrespective of their mode of exit, except Scheme II of REMBS ; e. Only Bank, which is reckoning probationary period of service of part time employees, while calculating pension, from the date of introduction of pension ; f. Pension is being paid under Regulation 29 to every retiree who has retired voluntarily after serving for a period over 19 years and 6 months, since 2007 These benefits are secured by our Commune before commencement of this term. However, we are proud that we have secured following benefits, during this term : a. Initiating disciplinary proceedings against retired officers even after completion of four years after Cause of action is completely withdrawn. Now, no launching of disciplinary proceedings if four years have lapsed from the date of cause of action. Some of our members who have retired as officers, informed us that they have received letters from Controlling authorities of Branches in which these Officers have served. They have sought explanation from these retired officers in respect of causes of action which arose or in respect of earlier events, after a period of more than four years.Several

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audits had also taken place after these events took place and no malafide have also been attributed to any of these decisions/actions of these retired Officers. It is unfortunate that some Controllers had sought explanation from these retired officers, in respect of such events/causes of action. We took up this issue with the top management of our Bank, duly quoting provisions of Regulation 48 of Bank Employees’ Pension Regulations, 1995. We have succeeded in convincing our Management and our Bank functionaries have stopped such actions of calling explanations, etc. b. Full length of service of part time employees is considered when minimum required service to become eligible for pension : Our Bank was reckoning part time service of Part time employees proportionately, as provided in Appendix IV of Bank Employees’ Pension Regulations, 1995. For those who have served for thirty years on one fourth wages, only 25% of service is reckoned for calculation of Pension. But, for those who had served for a period of ten years and on three- fourth wages, service is considered as seven and a half years. Such retirees were not eligible for pension if they have retired on attaining superannuation, as the service reckoned is less than ten years, required to become eligible for pension. We brought provisions of Regulation 14 which defined qualifying service to the notice of concerned authorities. We have also helped them to differentiate qualifying service from service reckoned for calculation of pension. We are extremely happy to note that our Bank has commenced to reckon entire service for the purpose of calculation of qualifying service. This issue of reckoning proportionate service for the purpose of calculation of pension was causing a great amount of loss to part time employees. This is because a Part Time Employee on half wages with 30 years of service is reckoned as 15 years of service. Further, wages taken into account was also 50% of wages entitled. Consequently, service taken into account is 7 years and 6 months only, if full wages is reckoned. This issue was raised by our Commune in several meetings of our Apex Organisation. This issue was also taken up with UFBU constituents. Finally, this anomaly is rectified in 10th Bipartite Settlement, which reads as under :

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15(A). Pension for Part-time Employees With effect from 1st November 2012, for the purpose of calculating the amount ofpension in respect of permanent part time employees in scale wages who are covered by the Pension Scheme, their actual service shall be reckoned for qualifying service and not pro rata. The actual service/ qualifying service shall be calculated from the date of recruitment/appointment as permanent part time employee in scale wages or from 1st September 1978 whichever is later. But, the Banks extended this benefit to only those who retired on or after 1.11.2012. This matter was again taken up at Office Bearers meeting held at Ahmedabad. Now, with the the aid and assistance of Shri S V Srinivasan, Deputy General Secretary of our Apex Organisation, AIBRF, this issue is resolved with direction from IBA to all its member Banks, who are parties to 10th Bipartite Settlement, based on the clarification sought by AIBEA, the benefit is extended to all those who were in service as on 1.9.1978 or later. But, the benefit or arrears is payable only from 1.11.2012. We profusely thank our Apex Organisation, AIBRF, its DGS, Shri S V Srinivasan and All India Bank Employees’ Association. We have also taken up anomaly regarding payment of Gratuity to Part- time employees who have since retired. c. Pension option to those who retired under Exit-2006/07 & under VRS 2001 after serving over 15 years, but less than 20 years : Pension Settlement dated 27.4.2010 provided for Pension option to those who had opted for Provident Fund and retired. The settlement covers ‘retirement’ and all those retired on or after 29.9.1995/26.3.1996. They had to pay 156% of management contribution of PF. Member Banks extended this pension option only to those who retired on Superannuation or under VRS – 2001. This option was not extended to those Retired under various clauses/regulations. This option was not extended to those Officers, who were voluntarily retired or compulsorily retired. Those who have resigned are also excluded from this benefit. IBA/

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Banks denied this benefit invoking Regulation 22 of Bank Employees’ Pension Regulations, 1995 or absence of explicit clause covering those who retired under other modes. Many retirees, including our members, coordinated by Shri Madhava Murthy and Shri Ramalingam filed Writ Petitions in Karnataka High Court. Karnataka High Court decided in favour of Petitioners and ordered pension option to all those who have completed 20 years of service to opt for pension. But, Banks filed appeals. On account of judgments by several High Courts including Judgment by Karnataka High Court and on advice from Government of India , Indian Bank Association instructed member banks to extend pension option to those who retired under Regulation 19(1) of Officers’ Service Regulations, 1979, vide CIR/HR&IR/2012-13/G2/6213 dated 9th November, 2012. Unfortunately, Associate Banks did not extend Pension option to Officers who retired under Exit Policy 2006/07. Associate Banks took a stand that these Officers have not retired under OSR 19(1), even though every clause of this Regulation was applicable to these retirees. Our Commune had launched agitation program, by submitting mass memorandum during November, 2014. Our Commune initiated several measures to secure this benefit. Retired Officers from State Bank of Travancore succeeded in Division Bench of Kerala High Court, quoting decision of Karnataka High Court. Our Commune assisted these Retired Officers in filing Caveat in Supreme Court. Fortunately, State Bank of Travancore did not file Special Leave Petition. d. Pension option to those who retired under VRS – 2001 : Another benefit where Associate Bank Retirees were agitating was Pension/Pension option to those who retired under VRS 2001, after serving over 15 years, but less than 20 years of service. Regulation 28 (Superannuation pension) of Pension Regulations was amended in all Public Sector Banks, with an exception of Associate Bank, duly incorporating provision for payment of pension to those who retired under Voluntary Retirement Scheme approved by the Government,

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provided such these retirees have put in service over 15 years, but less than 20 years. Associate Banks, specifically denied pension to those who had put in 15 years of service, but less than 20 years, but retired under Voluntary Retirement Scheme. This issue reached Hon’ble Supreme Court. Civil Appeal filed by State Bank of Patiala against Pritam Singh Bedi and others. Hon’ble Supreme Court, though dismissed Civil Appeal filed by State Bank of Patiala, it is stated that those who had served more than 19 years and six months are entitled to receive pension under Regulation 29. But, orders were not clear as to entitlement of pension by those who had served less than 19 years & 9 months. State Bank of Patiala filed clarification petition, which was also dismissed. But, the Court advised State Bank of Patiala to file review petition. Review Petition was also filed and the same was dismissed. State Bank of Patiala paid this benefit only to petitioners. There are several such retirees who are not receiving pension. Before, Hon’ble Supreme Court decided this matter, Smt. Shankari, who retired from State Bank of Hyderabad, was successful in Madras High Court. The Court ordered extension of benefit. But, the Bank has filed Writ Appeal. But, similarly placed retirees from State Bank of Travancore filed Writ Petition before Kerala High Court. Kerala High Court ordered payment of this benefit. But, the Bank filed Writ Appeal. Writ Appeal was also dismissed by the Division Bench, duly quoting Pritam Singh Bedi’s and Shankari’s cases. In the meantime, Joint Meeting of functionaries of ABOA and Top Management of State Bank of India and Associates was held at Bangalore on the 22th December 2014. The General Secretary and Shri Siddagangaiah, Vice President, met Shri Kannan, Managing Director (A&S), State Bank of India and Shri Harshavardhan Madhubashi, General Secretary, ABOA. We appealed for payment of these benefits in Associate Banks, which have been extended by every Public Sector Bank, other than Associate Banks. It was indicated on that day itself, that

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these benefits would be extended. In the meantime, Shri Harshavardhan also took up the matter with top management of State Bank of India. We also assisted Petitioners who had retired under Exit Policy from State Bank of Travancore in filing Caveat before Supreme Court. But, on account of constant persuasion, State Bank of India decided to extend these two benefits. Most of these retirees had a feeling that this benefit would not be extended. They never thought that they would be pensioners at the end of 15th year of retirement. They had not left their contact details also. Most of these retirees applied for Pension/Pension option. But, substantial number of retirees did not opt, on account of lack of information. In fact, one of them is staying in Nepal. The list of those whose addresses were not available was published in our Magazine. Due to our efforts, many of the eligible retirees got the benefit. In the meantime, we requested our Bank Management to set off arrears with 156% of Provident Fund amount refundable. We are extremely pleased to report that our Bank not only paid arrears from 27.11.2009, but also paid arrears after netting. Our efforts ensured that only in our Bank, not only arrears was paid from 27.11.2009 in respect of PF optees, from the date of retirement in respect of Pension optees, netting of arrears with 156% was also allowed. Only in State Bank of Travancore, arrears was paid from 27.11.2009 in respect of PF optees and from the date of retirement in respect of Pension optees. However, netting was not allowed. In all other Associate Banks, pension is being paid only from 27.4.2010, both in respect Pension and PF optees. e. Pension paid to Smt. Manoharamma, Family Pensioner. Smt. Manoharamma, applied for family pension during the year 1998 as Shri Muniswamy, her husband died during the year 1993. She pleaded that she did not apply for pension as she was not aware of introduction pension scheme in Banks during 1995/1996. She also pleaded that she is residing at Punganur and illiterate. Unfortunately, our Bank refused family pension with ‘delay’ as the reason. Our Commune also represented on her behalf. On refusal, she filed Writ Petition before

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Andhra Pradesh High Court and Andhra Pradesh High Court ordered extension of this benefit keeping in view her background. Our Bank filed Writ Appeal and Writ Appeal was dismissed stating that family of deceased employee is entitled to ‘Notice’. Our Bank has filed Special Leave Petition which was also dismissed. Now, our Bank has paid arrears of pension. While we congratulate Smt Manoharamma, we are also requesting our management for extension of pension to similarly placed retirees/family pensioners. Incidentally, name of our Commune also finds a place in the Judgment of Andhra Pradesh High Court. f. Payment of Gratuity(based on revised pay to all those Officers who retired/died during the period from 1.7.1993 to 31.10.1994) to Smt Saroja Shiva Kumar: One of our members, Smt Saroja Shivakumar had filed Writ Petition praying for payment of Gratuity based on revised pay of her Late husband, Shri Shivakumar, instead of pre-revised pay as per Joint Note dated 23.06.1995. Her Writ Petition was allowed. Writ Appeal by our Bank was also dismissed by Division Bench of Karnataka High Court. Thereafter, Special Leave Petition and Revision Petition filed by our Bank have also been dismissed by Supreme Court of India. Since, the highest Court in the Country has dismissed appeals. Our Bank did not agree to extend this benefit to similarly placed retirees, stating that the Special Leave Petition is dismissed without a detailed order, therefore, the law is kept open and Bank is not bound by this order. It is unfortunate that this matter has not yet been settled even after 22 years. The youngest retiree, who is the beneficiary in this issue is 82 years. g. Payment of full amount of Bill under REMBS, instead of limiting to certain sub-limits : Our Bank introduced SBM Retired Employees Medical Benefit Scheme II vide PGP/01 dated 15.12.2012. Highlight of the Scheme is :

V Maximum amount – Rs.7,00,000/- for self, spouse and invalid children ; Amount to be paid :Plan A Two months gross pension plus 15% for 2.00 lacs

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Plan B ‘ 42,600.00 for 3.00 lacs, ;Plan C ‘ 50,000.00 for 4.00 lacs Plan D ‘ 57,000.00 for 5.00 lacs ;Plan E ‘ 62,000.00 for 7.00 lacs

V Duration of coverage – Till entire amount opted is exhausted or demise of both retired staff & spouse or exhausting limit as per chosen plan

V 20 ailments covered (a. Cardiac ailments b. Cancer c. Kidney Failure / transplant d. Paralysis e. Retinal detachment or cornea replacement f. Major accidents g. Tumor h. Cerbro-vascular accidents / brain hemorrhage i. Total hip / knee replacement j. Cataract and Glaucoma surgery k. Tuberculosis l. Diabetes m. Appendicitis surgery n. Prostrate o. Hernia p. Removal of Stone in Gall bladder q. Alzheimer’s disease r. Parkinson’s disease s. Liver Cirrhosis [ non-alcoholic ] t. Arthritis)

V 10% of amount in entire life with 1% ceiling per annum can be withdrawn for domiciliary treatment

V Reimbursement basis only However, our Bank was limiting the amount of reimbursement to the limits of Scheme I. For example, maximum amount payable is Rs.30,000/ - for cataract in any one year, under Scheme I. But, Scheme II does not restrict such amounts. Further, Service Tax component of the Bills were also not paid. We took up this matter and our Bank is making payment in full, without any sub-limits and without deducting Service Tax. The new Scheme of REMBS – Scheme II allows only those who retired on Superannuation, spouse of deceased employees and those retired voluntarily on Medical Grounds after appearing before Bank’s Medical Board. Now, we understand that other Associate Banks have allowed all those who are members of Scheme I of REMBS to become members of Scheme II of REMBS. Stipulation of appearance before medical board is waived in respect of those who have retired voluntarily on medical grounds. Consequently, those who have retired voluntarily on medical grounds without appearing before Bank’s medical board are also

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allowed to join Scheme II in addition to those who have already become members of Scheme I of REMBS. In other Associate Banks, time to become a member of Scheme II is extended by three months. We have represented to and requested our Bank Management to extend similar facility in our Bank also. We have brought contents of Annexure III of Circular No. CDO/P&HRD-PM/58/2015 – 16 dated 7th October, 2015 to the notice of our Bank Management regarding extending another option to join REMBS. We are confident that our Bank also allows such facility. We are confident of introduction of this scheme. h. Dispensing of blocking of accounts in the event of non-receipt of Life Certificate : Some of our members informed us that their accounts are blocked on account of alleged non-submission of Life Certificate. They claimed that the Bank was aware of their existence. They also informed that no notice was also sent before blocking of such accounts. We were also informed that some of the cheques issued by our members in such cases were also returned on account of blocking of account. We took up this matter with our Bank. We also brought to their notice as to provisions of Pension Regulations. We are pleased to inform that our Bank issued instructions vide PGP Circular No.1/2014 – 15 dated 19.1.2015 advising branches not to block accounts on account of alleged non-receipt of Life Certificates. It is also brought to our notice that Pension is not credited on account of non-receipt of Life Certificate, even though they had submitted Life Certificate. Unfortunately, they had not obtained acknowledgement, when Life Certificate is submitted. Therefore, we have advised our members to submit Life Certificate only against acknowledgement. We place on record the efforts of Shri C S Ramanath, our member, in this regard. i. Payment of Gratuity taking into account period of suspension : We are happy to inform that Karnataka High Court, in Balakrishna Singh Vs State Bank of Mysore and others, has ordered payment of Gratuity

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duly including the period of Suspension, even in cases where disciplinary proceedings culminated in punishment, if final orders do not specify non-payment of Gratuity on account of non-inclusion of period of suspension under Section 2A of Payment of Gratuity Act, 1972. We arepursuing the matter for extension of this benefit to all such retired employees, who were suspended till the conclusion of disciplinary proceedings which culminated in any form of punishment, including warning. j. Election of Dr.Lakshmisha as Director of our Bank representing Share holders Our Commune had appealed and requested our members to support the candidature of our member, Dr.K Lakshmisha. He richly deserved support of our Bank Retirees. Our members supported his candidature and he won by securing nearly 90% of the votes polled. On behalf of every member of our Commune, Our Commune congratulate Dr. K Lakshmisha for his election as Share Holder Director of our Bank. We are proud that we have a representative on the Board of State Bank of Mysore. Among affiliates of our Apex Organisation, All India Bank Retirees’ Federation, only our Commune has a representative on the Board of the bank. Perhaps, if our representatives are there in Boards of Banks, Bank Retirees can draw a lot of benefits. We hope other affiliates of our AIBRF would also ensure that our representative is on the Board of every Bank. Our Commune assures whole hearted support to Dr.K Lakshmisha in his new assignment. Every member of our Commune stands behind him in his new assignment. Dr K Lakshmisha is the Chief Convenor of this Conference. He has, in fact, assisted and represented us and our issues were also taken up. We are thankful to him, for his support. Our Commune also thanks Shri S Ramasubramanian, for his support and assistance for the cause of our Bank retirees. Even after demitting his Office, he continues to assist retirees in taking up our issues with the Management of our Bank. 29 SBMPC - General Secretary Report

k. Payment of Diagnostic Charges to Family Pensioners/Surviving spouses : It is on account of efforts of our Commune, reimbursement of Diagnostic Charges to Surviving Spouses deceased retirees/Family Pensioners was introduced during 2011. Initially, the amount paid to them was Rs.1,000/ -. This was increased to Rs.1,500/-. Since last year, they are also entitled to the amount equivalent to the amount being reimbursed to our Bank retirees. Currently, the amount reimbursed is Rs.4,000/- to all retirees and surviving spouses/Family Pensioners, irrespective of mode of their retirement. Perhaps, our Bank is the only Bank, which is extending such facility irrespective of mode of exit from the Bank. l. Treatment at Branches : Some of the retirees of our Bank have reported several problems faced by them at our Bank Branches. Our Bank has extended several benefits to our Bank retirees. They are entitled to such benefits, as a right. They are also High Value Customers of our Bank. But, it is unfortunate that some Officials at Bank Branches take whimsical decisions of denying such legitimate benefits. In some cases, retirees were also abused. In case, retirees of our Bank face any such problem, they were advised to inform functionaries of our Commune, in writing. Our Commune is in forefront to secure such legitimate benefits and does not hesitate launching of agitation in front of such Branches of our Bank, in the presence of media. m. Establishment of Museum: In the Annual General Meeting of our Bank held on the 31st May, 2016, our member, Shri M Y Kumar raised the issue of establishment of Museum for posterity, post-merger. The Chairman, agreed and appreciated the suggestion. Our Bank is establishing a Museum in and around Shri Lakshmi Statue at Bangalore Branch. Our Commune’s representatives are also a part of the Committee to oversee establishment of Museum. We have requested our members to provide photographs of their times. It is also an opportunity to leave a mark, providing memorable pictures of yesteryears. Many of our members have shared or handed over a lot of material for establishment of Museum.

30 SBMPC - General Secretary Report n. Shradhaanjali Scheme : June & July 2016 issues of Mysore Bank Shathayu have already reported that payment of Rs.15,000/- on unfortunate demise of a retiree may not continue post-merger. Central Committee in its meeting held on the 26th June, 2016 deliberated on this issue at length and also discussed ways and means to continue this facility. Committee decided unanimously to introduce a scheme by the same name, ‘Shradhanjali’. Our Commune, would continue to pay Rs.15,000/- as is paid by our Bank, now under Shradhanjali Scheme, through a Trust formed by our Commune. Every member of our Commune who becomes a member of this Scheme, by paying one time amount of Rs.2,500/- would be covered under this Shradhanjali Scheme. This Scheme would be launched in 5th Triennial Conference of our Commune to be held on 17th September, 2016. A part of amount collected out of advertisements placed in our Souvenir would also be a part of Corpus of this Scheme. Further, our Central Committee, in its meeting held on 3rd September, 2016 also decided to cover those employees including Officers who are in service, under this scheme. Those employees who join this scheme would become members of our Commune on their retirement, automatically. o. Webpage for retirees : This issue is also one of the issues, our Commune is raising through Grievance Cell. Now, we understand that creation of Webpage is approved and would be available shortly. But, we are also aware that this facility is also in existence in State Bank of India. We have been informed that all retirees would also be provided with Email IDs, also shortly. p. Group Medical Insurance : Our Commune do understandthe fears of our members regarding continuity of Medical Insurance. All of us are aware that this Group Medical Insurance was introduced by Banks, which are members of Indian Banks Association and covered by Bipartite Settlement/Joint

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Notes, with an exception of State Bank of India. State Bank of India is not covered by this portion of Bipartite Settlement. Therefore, the present Medical Insurance Scheme is not available in State Bank of India. If merger/acquisition does not take place before 1.11.2016, the same insurance policy would have to be continued. We shall deal further on this subject, later paragraphs.

q. Increase in Ex-gratia Pre-1986 :

All of us aware that the Pension in terms of Pension Regulations, 1995 in terms of Pension Settlement dated 29.10.1993 was extended to those who retired on or after 1.1.1986. Those who retired earlier were entitled to Ex-gratia. Ex-gratia Basic for retirees was Rs.300/- plus Dearness Relief thereon at 0.67% per slab over 600 points of CPI. Currently, the Dearness Relief is at 948.05% for 1415 slabs. The total Ex-gratia payable is Rs.3,668/-. Surviving Spouse of deceased Pre-1986 retirees are getting 50% of this amount at Rs.1,834/-.

However, Ex-gratia to Pre-1986 was being paid at Rs.300/- plus Dearness Relief thereon. Surviving Spouse of deceased Pre-1986 retirees were getting Rs.1,000/-. But, due to efforts of our Apex Organisation, All India Bank Retirees Federation and All India Bank Employees’ Union, Ex-gratia is revised to Rs.350/- and Rs.175/- plus Dearness Relief thereon in respect of Pre-1986 Retirees and surviving spouses of deceased Pre- 1986 retirees, respectively.

Our Commune is also pursuing various other issues. We have not yet achieved success. But, that does not mean that we have failed. We are prepared to wait. Good things come to those who wait. We have to wait with patience. We are aware that many a time, patience reduces waiting time. Patience is not the ability to wait. But, it is the ability to keep a good attitude while waiting. We are confident that many of these issues would also be resolved, before merger with State Bank of India. 32 SBMPC - General Secretary Report

We have raised and pursuing following issues : a. Notional addition of five years to those who retired under VRS/Exit Policy : Most of the retirees who retired during SBMVRS – 2001 are eagerly waiting for this benefit which is extended in every other Bank, other than Associate Banks of State Bank of India. It is also true that period of 15 years is also completed from the date of retirement, during March, 2016. It is a very long painful wait. But, Rules, Systems and Procedures at Supreme Court for early hearing have been prescribed and any deviation is impermissible. Our cases have been filed in the year 2013. Unfortunately, there are many cases which have been filed earlier have not come up for hearing. Advocate engaged by our Commune, Shri Rajappa is making every effort for early hearing of cases, within the prescribed rules. They may have to wait for some more time. But, with great pride, we would place before you the fact that number of our cases in this regard form over 1% of pending cases in Hon’ble Supreme Court. The first batch of Special Leave Petitions have not yet been converted to Civil Appeals, as we had filed caveat and our Advocate Shri Rajappa ensured that this batch of petitions is not converted into Civil Appeals (not admitted). Our Advocate has also undertaken to represent all respondents. Therefore, there cannot be any delay on account of service of notice. But, delay is on account of not bringing legal representatives of deceased respondents on record by the Bank. We have also taken up this issue with our Law Department to ensure early and suitable action. But, our Commune is assiduously following up this issue outside the Court also. We have submitted many representations, through Members of Parliament. Through, Coordination Committee of Retirees’ Organisations in Associate Banks, we have taken up matter with Corporate Centre of State Bank of India, several times. I have also visited Corporate Centre and impressed upon the top executives regarding necessity to pay this benefit. We have also brought several judgments of Hon’ble Supreme Court, which cover this issue also.

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We also had a meeting with Mr.M M Dawla, Under Secretary, Dept. of Financial Services and then Govt. of India representative on the Board of our Bank, at his Office in New Delhi. We also brought to his notice stand of our Bank before Hon’ble Supreme Court in Special Leave Petitions/Civil Appeals filed that our Case and Vijaya Bank case are identical and Vijaya Bank has since extended this benefit. We also brought to his notice that Allahabad Bank case, which was tagged to Vijaya Bank Case was also dismissed by Hon’ble Supreme Court, along with payment of interest at 9% from the date of Judgment by High Court. It is also pertinent to note that this Judgment also reiterated that our Bank issue also comes under the sweep of Judgment in Mohandas’s case. Our Apex organisation, All India Bank Retirees’ Federation also took up the matter with State Bank of India, regarding this issue. Our Commune also requested our Bank Management, whenever, there is any order of Hon’ble Supreme Court, covering this issue. The General Secretary of Associate Bank Officers’ Association, Shri Harshavardhan Madhubashi also took up this issue, based on our representation. We have appended a copy of the letter by Shri Harshavardhan Madhubashi, in this regard. Representations were handed over to the Chairman of State Bank of India, whenever, they visited our Bank’s Head Office for attending Annual General Meeting of our Bank. This issue was also a part of issues raised by our Commune through mass representation. Fortunately, other two issues, viz. Pension option to Exit Policy/VRS 2001 retirees and Pension to pension optees retired under VRS – 2001, are extended without pursuing legal recourse. But, this benefit is not extended. Perhaps, but for the adverse Judgments by Division bench of Madras High Court and Single Judge Bench of Kerala High Court, this benefit would have also been extended. Certainly, we are proud to report that only our members coordinated by our Commune have succeeded in Division Bench of a High Court and matter has reached Hon’ble Supreme Court. It is also noteworthy that cost of Rs.10,000/- to each of the petitioner was awarded by the Division Bench of Karnataka High Court. 34 SBMPC - General Secretary Report

I had the opportunity to speak in the Annual General Meeting of our Bank held on the 31st May, 2016. This issue was brought to the notice of the Chairman, Directors of the Bank and other Share Holders present. We used this occasion to plead for extension of this benefit, instead of demanding this benefit. We are extremely pleased to inform you that our efforts have created positive impact and well appreciated. The Chairman, while replying, said that this issue would be dealt by the Managing Director of our Bank. We have also handed over a representation to Smt.Arundathi Bhattacharya. We are extremely happy to report that the information trickling in indicate that this benefit would be extended in Associate Banks shortly. Perhaps, we may hear positive information, anytime now. Our continuous efforts have fructified. Certainly, our Commune’s efforts deserve to be recognised. b. Payment of Pension based on last 10 months pay drawn – 7th BPS retirees : Cases filed by members of our Commune, who retired between 1.4.1998 and 31.10.2002 include issue of non-payment of Pension based on average of last ten months’ pay drawn. Pension of those who were Provident Fund optees have received Commutation based on average of last ten months Pay drawn. This has created discrimination. Those who retired on the same day are divided into two groups. One has got pension calculated correctly. But, other has not got Pension and Commutation correctly. Further, there is violation of Bipartite Settlement provision also in our Bank, as far as this issue is concerned. Para 16 of the 7th Bipartite Settlement clearly stipulates that payment of pension based on notional pay which is aggregate of Pre-revised Pay and Dearness relief thereon at 1616 points, provided relevant provisions of Bank Employees’ Pension Regulations, 1995 are amended, duly incorporating these provisions. Since, Pension Regulations in our Bank remain un-amended, the method of calculation of Pension as provided in the para 16 of the Bipartite Settlement is violation of Bipartite Settlement provisions.

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We are confident that this matter is settled early. c. Payment of Gratuity and Pension by duly adding Temporary Service rendered before confirmation : Minimum service required to become eligible for Pension is Ten years and it is five years of service to receive Gratuity. It is estimated that there are more than 1,000 of our members who have worked on Temporary basis for a very long period, before confirmation. There are instances, where they have worked for two to three decades on Temporary basis, before confirmation. They had served for more than 240 days every year during this period. But, many of such retirees have served for a period less than ten years and in some cases, they have served for a period less than five years also. Such retirees are not in receipt of Pension and in many cases, Gratuity also. We have represented to our Management to pay Gratuity and also Pension by reckoning Temporary Service also, before confirmation. We are confident that these benefits would be secured. A note prepared by us and presented to Management is provided in Annexures. d. Reduction of Commuted portion of Pension from the date of retirement, instead of date of payment : On account of increase in pension either on account of revision in Pay or on account of decision of Courts or on account of error in calculation of pension, commutation amount also goes up. Currently, every Bank is reducing commuted amount of increased portion of Basic Pension from the date of retirement, instead of reduction from the date of payment. This is opposed to Regulation 56, read with Rule 6 (1) b, 6 (2) and 10(A) of Central Civil Services (Commutation of Pension) Rules, 1981. This reduction of commuted amount of increased portion of Basic Pension could be allowed only from succeeding month of receipt of increased portion by the retiree. Those who retired under VRS – 2001 after serving over a period of 15 years, but less than 20 years, got their pension along with arrears during April/May, 2016. By that time, period of 15 years was over and there was no amount to be reduced. Consequently,

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difference in Commutation payable and Commutation amount recoverable was recovered from arrears of salary, without paying a rupee of commutation. This has resulted in huge loss. We have taken up this matter with our Bank management. We have not yet heard final word from the management. We would take this issue to the logical end. Public Sector Banks, including our Bank is reducing commuted portion of increased Basic Pension from the date of payment as ‘Second commutation’, instead of reducing from the date of retirement, in respect of pensioners of Central and State Government. It is ironical that this benefit paid by Bank employees to Central/State Government pensioners, are deprived of this benefit. e. Improvement in REMBS and another option : We have been requesting for improvements in REMBS and another option to left overs to become a member of the Scheme. Addition of ailments, payment of full amount of expenditure incurred without reducing VAT, ST, etc.. We have also requested for removal of per annum limits on various types of treatment. As reported earlier, we have succeeded in all other demands relating to REMBS, with an exception of extension of another option to become a member of the Scheme. We are pursuing the matter and confident that another option would be extended, before merger takes place. f. Extension of Pension option to those who could not take advantage of pension option, earlier : We are requesting our Bank Management to extend another option to some of the retirees, who could not opt for pension when option was extended during 2010. There are many infirmities, in extending pension option. Based on various Judgments, we are seeking extension of another option to these retirees. g. Continuing Staff Housing Loan, at concessional rates, in case the employee retires, voluntarily : Our Bank is allowing employees, including Officers to continue Staff Housing Loan till the age 70/75 years. But, we have received representation from these retirees requesting for extension of continuing staff Housing Loan at concessional rates.

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h. Pension/Pension option for those who are removed or discharged or compulsorily Retired : Regulation 22 of Bank Employees Pension Regulation provides for forfeiture of entire service, if an employee is either discharged, removed or Compulsorily retired from the Bank’s service. But, paras 6(b) – removal from service, 6(d) – discharged from service, clearly provide for clause ‘with superannuation benefits, i.e. Pension and/or Provident Fund and Gratuity as would be due’. Based on this portion, Hon’ble Supreme Court decided that those who have retired under Clause 6(b) or 6 (d) are entitled to Pension. Dispute went upto Hon’ble Supreme Court. Judgement was delivered in Bank of Baroda Vs LRs of S K Kool case allowing payment of pension to those who were discharged or removed from service. The decision of Hon’ble Supreme Court also went in favour of retirees in Bank of Baroda Vs Girish Shukla. Indian Banks Association did take cognizance of Judgement delivered in Bank of Baroda Vs LRs of S K Kool and Bank of Baroda Vs Girish Shukla. Thereafter, a Circular was issued by Indian Bank Association vide CIR/HR&IR/ KU/M1/1004 dated 30th June, 2012. This Circular also provide for amendment to Regulation 22 regarding extension of pension to those who were either discharged or removed from service. Those who were retired compulsorily were getting pension, if they were pension optees. Earlier, there was another decision by Hon’ble Supreme Court in Civil Appeal No.2729/2006 and 4677/2010 dated 30th August 2011, which allowed pension option to those who retired compulsorily prior to 1993. Pension option was not extended during 2010 to those who have retired Compulsorily and also under other modes of exit, such as Discharge, Removal from Service, etc. There are various Judgments regarding granting Pension to those who retired compulsorily. Despite these decision and communication, Banks continue to deny pension/ pension option to those who are removed or discharged from service. In the meantime, Andhra Pradesh High Court ordered extension of Pension option 38 SBMPC - General Secretary Report

to those who retired compulsorily from Andhra Bank. Bank filed Special Leave Petitions. Hon’ble Supreme Court dismissed SLP No.35389/2013 and 35449/ 2013 of Andhra Bank Management against the orders of Andhra Pradesh High Court. Andhra Bank Management filed review petition No. 2889 & 2994/2014 against the order, which were also dismissed. Thereafter, Andhra Bank extended Pension Option to these retirees only. Several other Judgments have been delivered by various High Courts, in favour of Bank Retirees, who are retired compulsorily. Our Commune took up this matter with our Bank Management. Our Law Department has opined that Pension Option needs to be extended to those who are retired compulsorily, in respect of our Award Staff only. We are pursuing the matter. i. Leave Encashment for Compulsorily Retired : In many Banks, Leave Encashment is not being allowed in respect of those who are retired compulsorily. Now, based on account of various Judgments, Indian Banks’ Association issued circular vide HR&ir/76/H7/E9/755 dated 11th May, 2015, advising member Banks to pay Leave Encashment to those Officers retired on or after 30.4.2015. We have requested our Bank management to extend this benefit. But, it is unacceptable to restrict Leave Encashment to those who retired compulsorily only from 30.4.2015. We would initiate necessary action. j. Continuing Staff Housing Loan beyond retirement & till the age 75 : Associate Banks decided to extend tenure of Housing Loans of Officers till 75 years of age as decided in the Joint Meeting with Officers held on the 21st December, 2014. It was also decided that Associate Banks would also dispense the system of keeping monies as ‘matching deposits’. But, Housing Loan tenure for those who belong to Award category is restricted to 70 years and they need to continue to deposit amounts in Fixed Deposits. But, our Bank would say that twin benefits of extension of Housing Loan till the age 75/70 and not maintaining matching deposits are not available to those who retire on modes other than superannuation. But, Staff Circular

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No.80/2014 – 15 dated 31.03.2015 clearly provides for both extension of repayment period upto age 75 and also dispensing of ‘matching deposits’ subject to certain conditions for ‘retired officers’. This Circular does not specify whether this is applicable to those who are retired before or later. Further, the circular is silent as to mode of exit. Still, this benefit is being denied. This requires re-examination and clarification with regard to both these aspects. Dr.Lakshmisha wins Aryabhata International Award : The award is instituted to honour those achievers in recognition of their creative and constructive work and in appreciation of their accomplishments in their respective and chosen field of service. The Aryabhata International award is given to the people who have excelled in various fields like Banking, Industry, Art, Science, Music and Entertainment. Every year Aryabhata Institution identifies the achievers from all over the world. This year our member and Director of our Bank, Dr.K Lakshmisha has been awarded with Aryabhata International Award for his contribution to Banking. He is the first from Mysore Bank family to receive this award. Members of State Bank of Mysore Pensioners’ Commune congratulate Dr.K Lakshmisha on receipt of this Award. Dr.K Lakshmisha, you have made each one of Mysore Bank family, proud. Meeting of Retirees residing at Chennai on Sunday, the 15th December, 2013 Meeting of our Bank Retirees residing at Chennai was held on Sunday, the 15th December, 2013 at Canara Bank Employees’ Union Auditorium “A.K.Nayak Bhavan”, 2nd Floor, 14, Second Line Beach, CHENNAI - 600 001. Over 60 of members residing at Chennai attended this meeting. Shri S V Srinivasan, Deputy General Secretary of AIBRF addressed our members. We crave for arranging such meetings at Chennai also, in the near future. Meeting of retirees staying at Hyderabad-Secunderabad. Meeting of our Bank retirees who are staying at Hyderabad-Secunderabad was held on Sunday, the 30th November, 2014 at the Grand Solitaire Hotel, Secunderabad. More than 25 of about 35 retirees who are residing at Hyderabad-Secunderabad attended the meeting. Members were updated about issues taken up by our Commune, various developments, etc. We are thankful to Shri Changalaraya, who

40 SBMPC - General Secretary Report retired as Chief Manager on that day, for hosting this meeting. Shri Changalaraya is the Special invitee to our Central Committee meeting. Our Apex Organisation, All India Bank Retirees’ Federation : Pension Settlement/Joint Note dated 24-10-1993 is a product of collective bargaining on account of protracted struggle paving the way for its introduction. Thus Pension Scheme was introduced in banking industry on 29.09.1995. It baptized the bank retirees as pensioners irrespective of their past designations & restored their links with bank as pensioners. This landmark achievement in the history of bank employees as well as bank retirees necessitated organising bank retirees for redressal of their legitimate grievances and eventual improvement in pensionary benefits. The difficult task of organising bank retirees across the country was initiated by none other than the Founder General Secretary of All India Bank Employees’ Association, Late Com. Romesh Chander Chakraborty along with Sri T.M.Mathews and other bank retirees with the objective of forming an inclusive all-cadre national organisation of bank retirees. It is a historical coincidence that the national organisation of bank retirees – ALL INDIA BANK RETIREES’ FEDERATION was born on 1st May in 1994 at Ahmedabad. The founders of bank employees’ movement always cherished a dream of a single united organisation of bank employees – Officers and Workmen under one banner. The dream could not become reality due to Pillai Committee, legal discrimination and fragmentation of Trade Unions on political ideologies. But, in respect of retired bank employees, there is no conflict of interest amongst retirees. Bank Employees’ Pension Regulations treat all bank retirees irrespective of past designation in the bank as a retiree without any discrimination. The formation of AIBRF gave fillip to organising bank retirees throughout the country and bank wise organization at State and all India level were formed in majority of banks – both in public sector and private sector. AIBRF and its units have played major role in bringing the issue of another option for pension to PF retirees also in the discussion with IBA/Govt and in the Parliamentary Standing Committee on Personnel & Public Grievances, Law & Justice. Shri D AMasdekar of Union Bank of India is the Chairman, Shri S.M.Deshpande of Central Bank of India is the President and Shri S C Jain, who is amongst us today is the Secretary of AIBRF. Shri S C Jain retired from Bank of India as General Manager.

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‘We shall make our own way’ and ‘We shall achieve’ are the slogans adopted at 3rd Triennial Conference held at Kolkata from 1st to 3rd March, 2012 and at 4th Triennial Conference held at Thrissur from 26th to 28th November, 2015respectively. Between these two conferences and thereafter, true to these slogans, our Apex organisation undertook various agitation programs. We are very proud of our Commune’s association with our Apex Organisation, All India Bank Retirees Federation. Our All India Bank Retirees’ Federation has 21 years of experience. Over 1.50 lakh members representing 44 Banks forms its strength. Former Senior Executives to Former Bank Trade Union leaders guide our AIBRF. Our Apex organisation is not affiliated to any Bank Employees’ or Officers’ Organisation. We are independent. There is no conflict of interest. Our organisation is like an Ocean. Affiliates are like rivers. We all join this great organisation, called All India Bank Retirees’ Federation. General Secretary’s Report of 22nd Conference of All India Bank Employees Association held at Jaipur between 19th to 22nd March, 1994 has a reference to our Apex Organisation, AIBRF. Relevant portion is extracted, hereunder : 265. With the Pension becoming a regular service condition in Banking Industry, there is a sizable number of pensioners today. This number will go on increasing as more and more people will retire. Implementation of Pension Scheme in respect of such retirees, solving their problems, taking care of various difficulties in respect of calculations, commutation of pension, family pension, etc., etc., will call for continuous attention. Hence, an organisation is required for the purpose. Our Central Committee has decided that appropriate steps by our Unions, should be taken for formation of an All India Retirees’ Association, covering employees of all categories, and without any affiliation to us. It will be unfortunate if the present day organisational differences on account of multiplicity of unions are extended to the retirees’ unions. Such Unions should be formulated on Bankwise basis as well as All - India level. At the moment there is All India Bank Retirees’ Federation headed by Com.Ramesh Chandra Chakraborti, our first General Secretary. There is another All India Retirees’ Organisation in Kerala. Our CC directed our Kerala State Organisation to bring up rapproachment so that only one union remains in the field. Unfortunately, their efforts did not yield the 42 SBMPC - General Secretary Report

desired result. In this situation we must make our position clear. Having regard to all facts, I submit that ‘All India Bank Retirees’ Federation headed by Com.Ramesh Chandra Chakraborti should be extended all-out help, assistance and encouragement by us on All-India level. Under this umbrella, Bankwise organisations also should be set up. It is necessary to reiterate that these retirees, unions shall not be. affiliates of AlBEA. Neither any of the AlBEA Office-bearer or leaders , retired or not, should hold any post in any such organisation. It should remain independent of inter-union rivalry. Our duty is to extend them full support in the interest of proper implementation of Pension Scheme for the benefit of retired employees. All India Bank Retirees’ Federation continues to remain independent and has many leaders who were Office Bearers of industry level organisations. Some of the agitation programs and various events organised by our Apex Organisation, AIBRF during the period from 1.10.2012 till 16.9.2016 are : a. Success in Madras High Court in respect of 100% DA neutralisation – Members of various affiliates of AIBRF are the petitioners ; b. General Secretary of our Apex Organisation, Shri S C Jain was invited to speak in 27th National Conference of AIBEA at Kochi ; c. General Secretary, Shri S C Jain also had a meeting with officials of Department of Financial Services on the 6th February, 2013. He raised the several issues including Discussion of retirees issues with Bank Retirees’ organisations, Improvement in Ex-gratia payable to Pre-1986 retirees, Uniform allocation of funds for the welfare of Bank Retirees out of Staff Welfare Fund, Extension of five years benefit under Regulation 29(5) to Vijaya Bank, Allahabad Bank and Associate Banks of SBI and filing appeals against decision of lower courts. d. Letter from Dept. of Financial Services to Indian Banks Association to hold discussion with retirees, vide 10/30/IG/2013-IR dated 11.06.2013.This is on account of persuasion of the General Secretary by meeting DFS officials twice

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e. Took matter with then Finance Minister, Shri P Chidambaram during October, 2013 ;

f. Massive Dharna at Jantar Mantar, New Delhi on the 7th March, 2013. Number of retirees participated exceeded 4,000. This program was addressed by Shri Gurdas Dasguptha, Shri D Raja, Shri C H Venkatachalam, among others. 26 members of our Commune Participated in this program ;

g. Letter to Shri Narendra Modi on his election as Prime Minister and also drawing his attention to Bank Retirees’ problems ;

h. Meeting Officials of Department of Financial Services on the 17.11.2014 and drawing Bank Retirees’ problems ;

i. To achieve success by concluding negotiation, UFBU launched various agitation programs. AIBRF supported and joined in every agitation program, leading to signing of Bipartite Settlement.

j. A memorandum dated 18.3.2015was also submitted to UFBU leadership on proposed Medical Insurance to Bank retirees.

k. Took up matter relating to submission of Life Certificate by Bank Pensioners

l. A memorandum was submitted to the Hon’ble Finance Minister on the 13th May, 2015 regarding Bank Pensioners’ issue.

m. Strongly worded letter expressing disappointment and displeasure was sent to the Convenor, UFBU – A copy of which was already circulated among members of our Commune ;

n. Bipartite Settlement and Record note were signed on the 25th May, 2015. For members of AIBRF, it was a Protest Day. Demonstrations were also held on that day at Azad Maidan, Mumbai.

o. Memorandums were submitted to Chairmen of local chapters of IBA and also to Chairmen of Public Sector Banks ;

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p. Individual letters were sent by members of affiliates of AIBRF to the Secretary, Dept. of Financial Services. Over 3500 letters were also sent by members of our Commune ; q. Issue of non-payment of Domiciliary Treatment expenses and corporate buffer was also taken up with Indian Banks Association ; r. Launching of various action programs starting from Mumbai, during January, 2016 at Mumbai and later at all Major centres ; s. Meeting of Parliamentary Committee on Personnel, Public Grievances, Law and Justice held on the 8th February, 2016 at Delhi, was attended by Dr B Ramji and Shri A Chandramouli, General Secretary and President of IOB Retirees’ Association, representing AIBRF. They submitted a memorandum requesting resolution of Bank Retirees’ issues ; t. All these efforts started yielding results. IBA wrote letters to member Banks regarding establishment and functioning of Grievance Cell. IBA commenced correspondence with AIBRF ; u. Demand’s day was observed throughout the Country on the 25th May, 2016. Resolutions were passed in the Protest Meetings held throughout the Country v. Responding to the call of AIBRF, over 25,000 online representations were sent to Hon’ble Prime Minister by members of affiliates of AIBRF. Over, 400 of our members have submitted online representations. w. By middle of June, memorandum was submitted to 37 Members of Parliament, including Speaker of Lok Sabha, Deputy Speaker of Rajya Sabha and four Central Ministers. Our members from Tumkur submitted representation to Smt. Maneka Gandhi ; Above list is abridged and only some and important developments/programs/efforts have been listed, above. Every member of our Commune salute efforts of Shri S C Jain, the General Secretary of All India Bank Retirees’ Federation in planning and execution of action programs. We are proud of our Apex Organisation, AIBRF. All these efforts are to secure benefits, including the following to Banks’ Retirees’ Community: 45 SBMPC - General Secretary Report

a. Updation of Pension ; b. Improvement in Family Pension ; c. Uniform DA ; d. Uniform Health Insurance ; e. Pension optionto left overs Napolean Hill has stated that Strength and growth come only through continuous effort and struggle. Therefore, we should all join and strengthen the movement lead by our Apex Organisation by All India Bank Retirees’ Federation, by our participation. Though these issues have to be settled at National level and we have our Apex Organisation, doing wonderful job, we feel that our members should have insight in to each of these aspects. Many of Bank retirees are agitated and may feel that there is delay in delivery of these benefits. Many may also feel that Retirees’ organisations need to do more. It is natural to have that kind of a feeling because recent introduction of ‘One Rank One Pension’ for Defence Pensioners and Implementation of 7th Pay Commission Report. Naturally, Bank retirees tend to compare improvement of Pension of Central Govt. Pensioners, with that of themselves. Unfortunately, situations are incomparable. It is also pertinent to note that there are many PSUs, fully owned by Govt. of India, where pension benefit is not extended, at all. Whereas, Pension in Banks was introduced only through Settlement signed on the 29th October, 1993. Therefore, Pension Scheme of Bank Retirees is in infancy. It is just 22 years old. But.Improvement in Pension and Pay Commissions in India has history of over 70 years, dating back to Pre-independence era. The first Pay Commission improved pension during the year 1946-47. But, updation of pension was unheard off till early 80s. Intelligent and person with a foresight, Shri D S Nakara has changed everything. Now, Pension of Central Govt. Pensioners are being updated based on the Judgment of Constitution Bench of Hon’ble Supreme Court on the 17th December, 1982. This day is celebrated as ‘Pensioners’ Day’ throughout the country by Pensioners. This Judgement disallowed division of retirees. This Judgment also emphasised and propounded that ‘Pension is not gratis’. We have adopted this Judgment in thousands of cases involving Pensioners for securing or improving Pension benefits.

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Unfortunately, omnibus application of this ‘law’ to our Bank pension is not available. This is because, Bank Employees’ Pension has not been improved so far. Still, pension paid to those who retire during later years is far higher, when compared to the Pension being paid to those who retired earlier. It is not because of improvement in pension, but because of improvement in salary. Therefore, these judgements have no application to Bank Employees’ Pension.It is also important to note that Bank Retirees’ Writ Appeals for updation of Pension before Rajasthan High Court are dismissed and matter is pending before Hon’ble Supreme Court. Therefore, Bank Retirees have reached Supreme Court as Petitioners, who have lost case in a High Court. Therefore, our members are requested not to overwhelmed by decisions of Courts concerning Central Government Pensioners. Perhaps, if more than 90 – 95% of Bank employees were to opt for pension during 1993 – 1995/96, updation of pension would have been easier to achieve, than the situation prevalent today. Pension of Central Government is out of Consolidated Fund of India through Budget allocation. No provision is required to be made for payment of future pension. But, increase in Pension, including that of Dearness Relief every half year of Public Sector Bank involves additional provision and transfer of such provision to a separate Trust for payment of such pension to Bank pensioners till last pensioner/family pensioner is alive, even if the Bank is liquidated. In respect of Private Sector Banks, annuities have to be bought from LIC of India. We have already published an article on Pension Funds in Banks in our earlier issue of Mysore Bank Shathayu. ‘One Rank One Pension’ is another issue in the limelight recently. This demand is in existence from early eighties. Problem faced by Defence Personnel is different from that of other Retirees/Pensioners. There is concept of Compulsory Retirement to keep Armed Forces young. The age at which these personnel retire is : 35 -37 years for Sepoys, 45 – 47 years for JCOs, and Major, Lt Col, Col-, Brig, Maj Gen, Lt Gen, General at the age of 50, 52, 54,56, 58, 60 and 62 years respectively. Therefore, their service is shortened. This situation is not in existence in Banks and Central Govt. This demand found place in Manifestos of Political Parties. They are also in substantial numbers in various parliamentary constituencies and can be decisive in many constituencies. But, these Pensioners could not achieve this benefit legally. It was only through agitation and sustained action programs spread over three decades.

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Above instances also provide us the insight into the difficulties and journeys of these struggles. One was secured through Judicial intervention and other through struggles. We are at a disadvantageous position in several ways. It is not as easy as we believe. Therefore, we need to work hard, struggle and pursue longer. This does not mean that it is impossible to achieve updation of pension. There is a saying by Winston Churchill, that Continuous effort - not strength or intelligence - is the key to unlocking our potential. Persuasion and perseverance would ensure success. We have the leadership of Shri S C Jain, General Secretary and Shri Deshpande, the President of AIBRF. We are confident that we would achieve success. We have made efforts to calculate the possible quantum of load in case updation of pension takes place. Our calculations reveal that approximate pension payment to Bank retirees in PSBs during the year 2012 – 13 is Rs.6,500/- Crores. We have considered the figures of 2012 – 13, as 10thBipartite period covers those who retired on or after 1.11.2012. Payment of pension benefit to those who retired from 1.11.2012 to 31.3.2013 forms buffer, for calculation purposes. This amount of Rs.6,500/- Crores also include payment of Commutation. Therefore, this amount is on higher side. For Actuarial valuation the rate of return is assumed at 8%. 10% increase in pension results in additional outgo of Rs.650/- Crores, per annum. To secure returns to the extent of Rs.650/- Crores per annum out of perpetual annuity with 8% per annum returns, provision required is at Rs.8,125/- Crores. This could be the maximum amount required as provisions are not made based on perpetual annuity. Perpetual annuity means payment of annuity forever. But, amount provided is based on regular annuity, which after a specified time, payment ends. In case, this amount is amortised for 6 years, each year all PSBs together have to provide for Rs.1,350/- Crores. In all probability, total payment of Group Medical Insurance premium to be paid by these Banks would be more than Rs.1,350/-, next year. Which also means, updation is possible and the figures quoted by Indian Banks Association is far higher. Extension of 100% Dearness Relief for the entire quantum of Basic Pension for Pre- 2002 retirees is one of the issues engaging attention of leaders of Bank Retirees’ movement. Our Commune feels that this is a settled matter and Pension Settlement dated 29.10.1993 clearly provides for calculation of Dearness Relief based on Reserve Bank of India DA formula. But, it is unfortunate that Indian Banks’ Association is attempting to estimate/calculate the load of extension of this benefit

48 SBMPC - General Secretary Report and treat this as a new benefit. This is incorrect and improvement cannot be out of a separate settlement, but by implementing existing provisions of Bipartite Settlement.

The clause 6 of Pension Settlement dated 29.10.1993 is extracted, hereunder :

6. Dearness relief to pensioners will be granted at such rates as may be determined from time to time in line with the dearness allowance formula in operation in Reserve Bank of India.

Additionally, Memorandum of Settlement dated 10/11/1997 also reiterated that the Reserve Bank of India Pension Regulations form bedrock for payment of Pension in Banks. Since, Reserve Bank of India has extended the benefit of Dearness Relief on entire Basic Pension with 100% neutralisation, Bank Retirees are also entitled to receive Pension with Dearness Relief duly neutralising Dearness Relief to the extent of 100%. We suggest and request for demand of this benefit as a ‘implementation of provisions of Pension Settlement dated 29.10.1993 read with clause 3 of Memorandum of Settlement dated 10/11/1997.

It is unfortunate that both UFBU and IBA are treating this benefit as ‘New Benefit’. But, Civil Appeal filed by members of several affiliates who had filed Writ Petitions before Madras High Court, is pending before Hon’ble Supreme Court. Retirees from Kolkata have also succeeded before Single Judge Bench of Kolkata High Court. The significance of this Judgment is that it validates our opinion on 100% Dearness Relief issue.

Family Pension in Banks is abysmally low. Though, Reserve Bank of India and Government of India are paying Family Pension at the highest rate of 30% of last month’s Pay of the deceased employee/retiree, the maximum rate in Banks is 15%. There is also a ceiling on Basic Family Pension. Family pension table is provided in the annexure. One can see maximum family pension payable in the Banking industry in respect of employee/retiree who would have attained the age of 65 years, is Rs.13,509/-. In case, Family Pensioner is entitled to twice the family pension, then it is Rs.27,018/-. These amounts are fraction of Pension paid. Increased cost of living and medical expenditure making Family Pension grossly insufficient to match standard of life normally expected.

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We have covered details of Medical Insurance, in detail in later of this report. It is unfortunate that some of our friends among Bank retirees community are deprived of pension. Those who resigned and compulsorily retired are deprived of Pension. We are aware that every Management, including Bank Managements, would like to minimise funds outgo. They would like to reduce expenditure. They, often forget that Pension provides Social Security and it is the duty of the employer to take care of former employees during their autumn years. We feel that taking care of its former employees should also be a part of Corporate Social Responsibility. It is unfortunate that Bank Managements forget this aspect and find reasons to deny rather than finding reasons to give. One such example is denial of pension/ pension option to those who resigned from service. Most of them resigned because there was no other mode to exit. There is no provision to ‘Retire’ in Awards and Settlements for those belonging to Award Staff. Retirement after completion of 20 years of service required to be covered under provisions of Regulation 29 is not enough for Officers of Associate Banks. They require at least 25 years of service, if they have to retire under Regulation 19(1) of Officers’ Service Regulations, 1979. Regulation 22 provides for forfeiture of entire service in the event of resignation. Unfortunately, an employee who resigns after serving over 20 years is not entitled to pension. But, one who has served for ten years or more, but discharged on account of his acts of omission and commission is entitled to pension. Legally, case is pending before three Judge Bench of Hon’ble Supreme Court on account of contradictory judgements. Our Apex organisation is also taking up this issue. It is a very long drawn battle for retirees to secure above benefits. Our Apex organisation is strong and vibrant enough to carry forward the battle till they are secured. We are aware that Our Commune is affiliated to All India Bank Retirees’ Federation since 2012. First Conference where delegates of our Commune participated was in the Conference held at Kokata during 2nd March, 2012 and 4th March, 2012. Myself, our Vice President, Shri K N Srinivasa Rao and Shri Ramaiah, our Committee member attended this conference. Now, we have realised the importance of attending conferences of AIBRF. One of the major events in any organisation is periodical General Body meeting/Delegate Session. Like this General Body meeting, AIBRF Conference held at Thrissur, Kerala on 26th to 28th November, 2015. 25 delegates representing

50 SBMPC - General Secretary Report our Commune, came back with loads and loads of knowledge, experience and sweet memories. Events like this recharge energy to continue the fight. Over 1500 Bank retirees-delegates from all over the country congregated. They presented, discussed, debated and decided various issues confronting Bank Retirees in the Country. Memorable procession, Enlightening Inauguration, Meaningful discussions, Thought provoking delegate session, mouth-watering delicacies, enthusiastic delegates, youthful volunteers, impeccable arrangements and God’s own Country are the highlights of the 4th Conference of our Apex Organisation, All India Bank Retirees Federation at Thrissur. We shall Achieve is the Slogan. This Conference also provided opportunity to chew decades old memories. This Conference show cased strength of All India Bank Retirees Federation. Twenty Five soldiers representing State Bank of Mysore Pensioners Commune participated in this Conference, as delegates. We were received by volunteers of host committee, at Railway Station at wee hours. Transportation was also arranged. Kudos to hosts : All Kerala Bank Retirees Federation, led by Shri K Srinivasan, President, SBT Retirees Association. The first program was the procession of bank retirees. The distance covered is about two KMs and the length of the procession was about one and a half KMs. Thousands of Bank retirees participated in this Rally. But, cynosure of all eyes of every one alongside the procession route is the contingent from our State Bank of Mysore Pensioners Commune. Attired in traditional dress of Mysore, ‘Kachhe Panche’, Jubba and ‘Mysore Peta’, they were highlight and talking point about Procession. Inaugural session of the Conference was attended by over 3000 retirees from nook and corner of the country. The Conference was inaugurated by Shri Jeevandas Narayan, Managing Director of State Bank of Travancore. Shri C H Venkatachalam, General Secretary of AIBEA was the Chief Guest. Colurful Inaugural Ceremony concluded with the reciting National Anthem, joined by entire team from SBM Pensioners’ Commune, on the dias. Delegate session was held on 27th & 28th November, 2015. The General Secretary, AIBRF presented a detailed Report on the activities, programs, action programs, organizational developments, etc., of our Apex organization. Over 81 speakers from various Retirees’ Organisations, who had come from nook and corner of the country spoke. Shri B L Dayananda Kumar, Shri Basavanna and Shri Thippeswamy of our Commune also spoke raising various issues confronting retirees.

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While Shri D A Masdekar, is elected as the Chairman, Shri S M Deshpande and Shri S C Jain are re-elected as President and General Secretary of AIBRF. Shri C N Prasad, General Secretary of our Commune, who was Organising Secretary of AIBRF in earlier term, is elected as the Vice President. While deciding on the Guests to be invited to this Conference, our leaders considered various names. But, we decided on inviting Shri Sadananda Gowda, Hon’ble Central Minister. One of the main reason is to secure an opportunity for us to bring to his notice the problems and issues of Bank Retirees. This can also be best explained by Shri S C Jain, General Secretary of AIBRF. This also provides an opportunity to Shri S C Jain to interact with Shri Sadananda Gowda. This would help Bank Retirees. We also thought programs like this are a better option when compared to handing over memorandum. We are sure, we succeed in our endeavour. We shall continue our support and participation in every program organised based on call of our Apex organisation, All India Bank Retirees Federation. Struggle Fund of AIBRF : We all agree that the distance we have to travel to achieve updation, etc. is very long. We need to fight and struggle. These action programs involve lot of expenditure. Continuing fight involve lot of money and efforts. To create resources for carrying out agitation programs, it was decided in the Thrissur Conference that AIBRF should build Struggle Fund. Every affiliate should contribute to this fund at Rs.50/- per member. We are liable to contribute to this fund, before 30th September, 2016. Our Commune – successful saga of last four years : Never stop fighting until you arrive at your destined place - that is, the unique you. Have an aim in life, continuously acquire knowledge, work hard, and have perseverance to realise the great life – Dr.Abdul Kalam 4th Triennial Conference of our Commune was held on the 30th September, 2012 at Chandrashekara Bharathi Kalyana Mantap, Pampa Maha Kavi Road, Chamarajapet, Bangalore. The Team with Shri N Jagannathan, our Founder President, as President and Shri T V Gurumurthy, as General Secretary was elected. There was a vacant post of Secretary. In the first Central Committee meeting, it was decided to co-opt

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Shri S Siddagangaiah, who was a Central Committee member then, as Secretary and myself was coopted as ‘Senior Vice President’. Later, on account of resignation of Shri T V Gurumurthy on the 1st March, 2013, Central Committee meeting held on 12th March, 2013, accepted the resignation of Shri T V Gurumurthy and Co-opt me as the General Secretary. In the same meeting, Shri H S Nanjunda Swamy was co- opted as Senior Vice President and Shri S Siddagangaiah as the Vice President. Later, Shri B H Shamsundar is coopted as Secretary, in the place vacated by Shri S Siddagangaiah. Eight Central Committee meetings have been conducted so far, during this term. Central Committee has also co-opted following members as Committee Members, including filling up of one vacancy created on account of death of Shri L Srikantaiah : a. Shri B L Dayananda Kumar b. Shri K Sathyanarayana c. Shri D Nagendra Rao d. Shri Thulasi Prasad e. Shri Siddaramappa All these members were serving our Commune, sincerely. They are present on most of Tuesdays and Thursdays, in our Office. They were not members of the Central Committee, when they were standing shoulder to shoulder with our other functionaries in serving members of our Commune. Our Commune recognised their commitment to serve, as they served sincerely, even though they were neither office bearers nor members of the committee. We believe that those who are sincere to serve need no position. All of us shall join together in following same principles, while forming a new team. We have seen many challenges during this term. We had to work from a place which was outside our Office. We took these challenges in stride. In fact, the challenges posed firmed up our resolve to serve. We never compromised independence of our Commune. We have grown. Accolades, we have received from you is because of you. You have ensured all of us succeed. We have loads of patience. We have tons of tolerance. They are our strengths, not weaknesses.

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Today, many retirees of other Banks or retirees’ organisations look to us for support, guidance, assistance and advise. Your Commune has left indelible mark. We are pioneers. Pioneers in real sense. We have listed some of such endeavours: May be the first organisation to introduce sending bulk SMSs.We are the pioneers and trend setters. Perhaps, our Commune may be the first retirees organisation to use bulk messaging facility, which is both faster and cheaper. Now, over 78% of our members have Mobile Phones and are receiving messages. So far we have sent over 3 lakh messages in two and a half years period. Members of our Commune are privileged to receive SMSs duly informing the exact amount of DA increase ; We also a google group, [email protected]. We have over 1,000 members who are part of this group. We share and debate in this group. There is no restriction or impediment in reaching our members with E-mail IDs. Perhaps, we are pioneers, hereagain ; Mine and our President’s names are listed in Telephone Directory of important functionaries and organisation published by our Bank. Perhaps, Our Commune is the only bank retirees’ organisation whose contact details are available in Bank’s official telephone directory ; Five Seminar/Workshop/meetings were organised to make our members better equipped with relevant information. Perhaps, only bank retirees’ organisation in the country to organise so many programs ; On 19.2.2016, first ever protest march by Bank retirees in Bangalore was organised by our Commune. Over 500 of members participated. Another feather in our Cap. Our Commune is functioning from the office space provided by the Bank. Our Commune is the only AIBRF affiliate to have Office space provided by the Bank. This is in tune with direction of Central Office to secure space for offices of retirees from Banks ; Today, we are releasing ‘Pensioners’ Wallet’ which provides space for recording all required and relevant information by our members. This is useful in many ways. Every relevant information is available at one place. They do not miss out any

54 SBMPC - General Secretary Report information. In the unfortunate event of absence of them, every bit of relevant information is available for the members of family. This is another first attempt ; Over 650 Civil Appeals/Special Leave Petitions filed by our Bank where our members are respondents. Perhaps, only Bank retirees’ organisation to have so many members as parties. This number is more than 1% of total cases pending before Supreme Court ; Our Commune is the first organisation to raise the issue of ‘second commutation’, if additional part of Basic pay is commuted and paid ; 174 members of our Commune are awarded with cost of Rs.10,000/- payable by the Bank to each of them. Perhaps, our Commune is the only organisation to secure such benefit ; Functionaries of our Commune assisted 22 resignees of Vijaya Bank to get pension. In fact, this is acknowledged by them ; We are also assisting retirees of State Bank of Patiala in fighting their case before Bombay High Court regarding payment of pension from their date of retirement, instead of from 27.4.2010 in respect of those who retired under VRS – 2001. We are also assisting retirees of State Bank of Hyderabad to fight their VRS – 2001 five years case in Supreme Court, which they lost at Division Bench of Madras High Court ; Perhaps, only organisation to make a case for adding temporary service, before regularisationfor the purpose of calculation of Gratuity and Pension ; Highest percentage of retirees have become member of our Commune. Over 85% of retirees of our Bank are our members. Perhaps, we are number one in this regard ; Perhaps, only retirees organisation to seek opinion of members regarding functioning of a voluntary organisation ; We had launched agitation by way of submission of representation to the Chairman, State Bank of India, through the Branch Managers of Pension drawing branches. The issue covered was compulsive litigation and non-extension of following benefits.

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They are : Notional addition of five years to VRS/Exit retirees, Pension/Pension option to those who retired under VRS 2001 and Pension option to those who retired under Exit Policy. We have secured all these benefits, with an exception of addition of notional service to the extent of five years to those who have retired under VRS – 2001/Exit Policy. We do expect positive developments on this front also. May be the first retirees organisation in Associate Banks to agitate. Any organisation like our Commune, has to work in the interest of its members. The existing benefits need to be protected. Legitimate benefits need to be secured. Interest of members should be paramount. Vision and foresight of the functionaries would make the difference. We are proud. Functionaries of our Commune are following all these both in letter and in spirits.Every issue that is being raised by our members is already being taken up. Expecting our Bank to continue litigation in respect of VRS – 2001 Regulation 29(5) benefit, we have decided to ensure a large number of our members file Writ Petitions. Consequently, very large number of persons would share the expenses. Benefits like Cost and Interest, if ordered by the Courts, would be extended to larger number of our members. All of us are aware that our members who were Clerks and Sub-ordinate Staff, before their retirement were denied of benefits like continuing their Staff Housing Loan till the age of 75 years or 20 years from date of sanction, whichever is earlier, is being denied. We understand that facilities like this were denied in view of not accepting Career Progression Scheme by unions under the umbrella of SSBEA. Career Progression Scheme provides for additional benefits to those who opt for this scheme. This scheme has certain conditions which are not completely in tune with Bipartite Settlement provisions. Inference that could be drawn from the whole affair is that Associate Banks are seeking to alter provisions of Bipartite Settlement through a contractual scheme. Associate Banks are also taking same stand before Courts as far as our VRS 2001 5 years case. After the judgment of Single Judge Bench of Karnataka High Court, we had brought this to the notice of then President of SSBEA. Relevant portion of our letter dated 30.11.2011 addressed to the President, SSBEA and General Secretary, ABOA is extracted hereunder : We have no option, but to infer that the Banks are asserting their right to take away benefits as available under Pension Regulations, as a part of terms of any contract with employees, without amending Pension

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Regulations. This is an ominous sign and clear indication that Managements are testing waters. Therefore, your immediate indulgence, interference and support are required. Now, our fears have come true. Timely actions could have prevented such violations. What is happening to our neighbours today may also happen to us tomorrow. If Problems faced by retirees are not addressed by employees’ and officers’ organisations immediately, having tasted blood, Managements would treat employees also similarly tomorrows. Perhaps, such actions by our Commune make our Commune stand out. Are you not proud to be a member of our Commune ? Our premises : Our Commune was established with the aid and assistance from State Bank of Mysore Employees’ Union. Initially, our Commune started working from Union Office premises. Later, we also started working from Record Room of SBMEU. Later, we occupied the space vacated by the Union after renovation of Union’s office. This space is in the first floor of our Bangalore Branch. Our Office was also provided with telephone connection. Furnishing of our Office was also done by the Bank. In fact, Shri Dilip Mavinkurve, then Managing Director of our Bank visited our Office. Later, we found that many of our members, including our Office Bearers could not visit our Office, since the premises is in the first floor and it was difficult for them to climb steps. Every one of us started feeling the need for an Office premises in the ground floor. We requested the then Chief General Manager (RB), Shri Kalyana Mukherjee to provide us the space in the ground floor. He agreed to provide. Unfortunately, we did not get the space. We requested his successor, Shri Sajeev Krishnan, again for a premises in the ground floor. We pursued the matter and with the the aid and assistance of Shri M R Jayesha, General Manager, our Bank has provided us a new premises in the ‘A’ Block of BKG Complex in the Head Office compound. Space provided to us is convenient for every member to visit and it is convenient to even for those who cannot walk. We are extremely thankful to Shri Sajeev Krishnan, Shri M R Jayesha and Shri C P Kishor Babu, General Manager (HR & GA) for helping Senior Citizens. Every time they visit our Office, they thank you, Sirs.

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Merger/Acquisition of Associate Bankswith/by State Bank of India : There were whispers during third week of May that Emergency Meeting of Boards of Directors of Associate Banks scheduled to be held on 17th May at Mumbai, would decide on merger of Associate Banks with State Bank of India. Information started trickling in and confirmation of news regarding decision of Boards of Associate Banks proposing acquisition of Associate Banks by State Bank of India. Boards of each Associate Banks met one after the other and decided to propose acquisition of Associate Banks. Thereafter, Board of State Bank of India also sought approval of the Central Government to proceed further. Shri Arun Jaitley, Finance Minister has also declared in an interview that this decision of State Bank of India & its Associates is in accordance with government’s policy. Smt.Arundhati Bhattacharya, Chairman, State Bank of India has also stated that the entire process would be completed during this Financial Year. In the meantime, Central Cabinet has also approved proposal of merger of Associate Banks with State Bank of India, in principal on 15th June 2016. On the 18th August, 2016, Boards of State Bank of Mysore, State Bank of Travancore, State Bank of Bikaner and Jaipur and Central Board of State Bank of India decided on the Share Swap ratio and merger process moved further. Now, we understand that the proposal has been forwarded to Reserve Bank of India for approval. On approval, the proposal would be forwarded to Govt. of India for approval and notification. Merger would be effective on the 30th day of notification. In this background, our Commune assures its members who are pensioners that payment of Pension to Associate Bank Retirees would be in terms of Bank Employees’ Pension Regulations, 1995 and this decision followed by merger of Associate Banks, including State Bank of Mysore would not alter quantum of pension. But, it is certain that some benefits like distribution of Sweet Packets on Bank’s Foundation Day, Payment of amount under Shradhaanjali Scheme, Annual Diagnostic Charges out of Staff Welfare Fund may not be available post-merger. Our Bank retirees are not naive to believe that these kinds of benefits would be made available to Associate Bank retirees, without extending these benefits to retirees of State Bank of India also.

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Our Commune has taken measures for launching ‘Shradhaanjali’ Scheme so that this benefit is continued, even after merger. Our Commune has also decided to Celebrate every October 2nd as Mysore Bank day from the year 2017. We would also be inviting every employee who is a part of Mysore Bank family, provided he joins our Commune’s ‘Shradhaanjali’ Scheme. Scenario after merger : Now, merger process of Associate Banks including our Bank with State Bank of India is in the final phases. Lot of changes are expected to happen. We are not naïve to expect same situation, post-merger. Many of our members have concerned about treatment after merger on account of their experiences in our own Bank post-retirement. Only way we can reassure our members, is by strengthening our Commune. Unity among retirees of Associate Banks would insulate from any adverse situations. Our Commune has created a niche for itself in our Bank. We need to start afresh and we need to function with enhanced vigour and ensure that the authorities recognise our Commune as an organisation of substance. Those who are employees of State Bank of India are not aware of provisions of our Pension Regulations. But, our pension would be paid in terms of Bank Employees’ Pension Regulations, 1995. SBI Pension Regulations, 2014 has indeed provided for payment of pension to pensioners of merged entity. Experience of Pensioners and Pensioners’ Associations of eState Bank of Saurashtra and eState Bank of Indore would help us in planning for our Commune’s life after merger. Unless, we are active and create confidence in our Commune, we would remain in side-lines. We need to be hyper active and prove our mettle. Opportunity for our Commune to grow is not limited. Organisation Structure, post-merger : We have discussed at length everything about Merger/acquisition of our Bank and other Associate Banks by State Bank of India. We have collected suggestion of our members regarding what we should we do post-merger/acquisition. Most of our members have suggested maintaining present identity and co-ordinate with SBI Pensioners’ Associations.

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Our Commune is affiliated to All India Bank Retirees Federation. We have AIBRF affiliates in our Bank, State Bank of Travancore, State Bank of Hyderabad, State Bank of Patiala and e-State Bank of Indore. We had formed Co-ordination Committee of Retirees’ Organisations in Associate Banks at Hyderabad, during December, 2014. Every affiliate of AIBRF in Associate Banks and AIBREA are part of this committee. I was chosen as the Convenor and Shri C Gopinathan Nair, Organising Secretary of AIBRF and General Secretary of SBT Retirees’ Association is the President of the Coordination Committee. Now, our All India Bank Retirees’ Federation cannot have more than one retirees’ organisation of any Bank. Post-merger, every retirees association of Associate Bank would retirees’ organisation of State Bank of India. Discussions are underway regarding formation of a retirees’ organisation affiliated to AIBRF and also an umbrella organisation of all retirees’ organisations in Associate Banks. There are 12 retirees’ organisations in Associate Banks. They are affiliated to four Apex Organisations. Of these, three are ‘Retired Officers’ only organisations. Six of these are affiliated to our Apex Organisation, All India Bank Retirees’ Federation. Keeping all these facts in view, we shall decide on our future. Copies of SBI Circulars, SBI Pension Regulations, SBM Pension Regulations, etc. are part of this report. We would keep our members informed of further developments. Formation of District/Area/Regional Committees : Since our Bank is founded with the aid and assistance of Wodeyars, our Bank Branches are situated mainly in old Mysore area. We have identified sixteen districts, where members of our Commune are substantial. We have also found that in many of these districts, one in every two bank retirees are our members. An organisational structure at these places would help our members and organisation. They can also launch agitation programs at these places whenever they are warranted. These committees have important roles. Their presence would also facilitate oneness among Mysore bank retirees’ fraternity. Fourteen districts we have identified are : Ramanagaram, Chickballapur, Kolar, Tumkur, Mandya, Mysore, Chamarajanagar, Kodagu, Chikmagalur, Shimoga, Davanagere, Chitradurga, Bellary, Hubli and Belgaum. This is in addition to Bangalore City and Rural Districts, where no such organisation is required on account of proximity. It was decided that we would

60 SBMPC - General Secretary Report form District Committees at all these Districts, by end of this month. So far, we have formed District Committees at Mysore, Tumkur, Davanagere, Belgaum and Shimoga Districts. Due to our Bank merger moves and organising this Conference have come in the way of completing this task before end of September, 2016. But, we would complete this task by December, 2016.

Mysore District Committee :

Mysore District Committee was formed on the 18th December, 2011, when over 170 of our members were present. The team was lead by Shri H S Nanjunda Swamy, Shri Huchappa, Shri Vijaya, Shri Puttaswamy, Shri Srikantaiah and Shri Nagendra. A new team of Office Bearers would also be elected shortly.

Tumkur District Committee:

Over 65% of all Bank retirees (who are members of Bankwise units affiliated to AIBRF) who are residing in Tumkur District, are members of our Commune. They were urging us to form a District Committee at Tumkur District. We have more than 150 of our members who are residing at Tumkur District. This is also in consonance with the decision of our Central Committee meeting held on the 10th January, 2016. As decided by the Central Committee, a District Committee was formed at Tumkur on the 13th February, 2016. Shri K Mahesh Chandra, Shri Shiva Kumar, Shri Sevya Naik and Shri N B Veerendra Kumar are elected unanimously as President, Vice President, General Secretary and Treasurer respectively. Shri B Dharanendra Kumar, Secretary of our Commune is an Ex-Officio member of Tumkur District Committee. A Vibrant and active District Committee of our Commune is born.

Davanagere District Committee :

On the 25th June, 2016, a meeting of retirees residing at Davanagere was formed and over 65 of our members were present, even though this meeting was organised in five days. Functionaries of our Commune participated and explained various queries. Medi Assist Cards were also distributed. A district committee was also formed at Davanagere on that day. Shri Umesh Pai, Shri A Raghunandan and Shri Ajithkumar S Nyamathi were elected unanimously as President, Vice President and General Secretary of Davanagere District Committee of SBM Pensioners’ Commune.

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North East States Committee : Not many members of our Commune stays in North Eastern States, including West Bengal. Number of Branches of our Bank is also not significant. Still, with a view to form West Bengal State Committee, Shri P K De, a former leader of SBM Employees’ Union was requested to coordinate and organise a meeting of members of our Commune staying in West Bengal. Since, not many stay outside West Bengal in North Eastern part of the Country, a meeting of members who are residing in other Eastern States was also called on the 20th July, 2016 at our Bank’s Rash Bihari Avenue Branch premises. More than 35 members participated and a Committee has been formed. Shri P K De, Shri S Dutta, Shri D Bhattacharya and Shri D Paul were elected as the President, General Secretary, Deputy General Secretary and Treasurer respectively. Shivamogga District Committee : Shivamogga is yet another District where more than 100 retirees of our Bank are residing. In fact, number of retirees of our Bank outnumber retirees of other Banks in Shivamogga District also. With a view to meet aspirations and desires of members of our Commune residing at Shivamogga, a meeting of retirees was also conducted at Shivamogga on the 22nd July, 2016. More than 80 of members of our Commune participated in the Meeting held at Hotel Samrat Ashok. Logo of 5th Triennial Conference is also launched by the former President of SBM Employees’ Union, Shri H S Hiriyannaiah, who is also elected as the President of Shivamogga District Committee. Shri K T Srinivasa Rao, Shri S V Manjunatha and Shri Mohandas Rao, were elected as General Secretary, Organising Secretary and Treasurer respectively. Formation of General Council: The experience during last four years has made us to think about formation of a General Council. Post-merger, many important decisions need to be taken. Many such decisions need wider debate and deliberations. Central Committee is too small and calling a General Meeting like this is time consuming and also cost of conducting such meetings is also enormous. Larger number of functionaries of District/Area Committees should also be accommodated. Therefore, a General Councilconsisting of representatives of District Committees and Area Committees in addition to larger number of activists who can add value needs to be formed to strengthen our Commune. We seek approval of this body for formation of a General 62 SBMPC - General Secretary Report

Council. This General Council shall have advantages of a General Body and convenience of a smaller body. As a part of amendments to Bye-laws, we shall discuss powers, etc. of this body. Mysore Bank Shathayu : We recall your memories of launching of ‘Mysore Bank Shathayu’ by Shri H N Anantha Kumar, Minister, Govt. of India, on the 2nd February, 2014 at Vijaya College Auditorium, Bangalore. Now, we have Registered our ‘Mysore Bank Shathayu’ with Registration No.MAG(3)/NPP/391/2015-2016. Registration of ‘Mysore Bank Shathayu’ with Registrar of News Paper is underway, as we have attended to certain observations made by Registrar of Newspapers in India. With this move, we are compelled to come out with issues every month. We are pleased to report that the Contents of our Magazine has received alround appreciation, not only from our members, but also from other Banks’ retirees. We would like to place on record the services of Shri Tharanath in assisting us in getting registration from Registrar of Newspapers for India. Medical Insurance : We have widely circulated and discussed benefits, advantages, terms and conditions of IBA Medical Insurance Scheme. IBA Medical Scheme is extended to retirees on account of provisions of 10th Bipartite Settlement. Problems arising out of implementation of this Scheme like exclusion of Domiciliary Treatment expenses, OPD expenses, etc. need to be kept in mind. Information that is trickling in from various sources indicate that claim ratio is more than 200% of the gross premium paid, as at the end of June, 2016. Final claim ratio may be in excess of 300%. The terms of contract with United India Insurance Co. Ltd provide for negotiation of premium payable for next year period. Usually, premium would be in the range of ± 15% of claim outgo. We and our members have to think a lot with regard to IBA Medical Insurance Scheme, post-merger. State Bank of India is not a party to provisions of settlement relating to Medical Insurance Scheme. Retired Employees Medical Insurance Scheme has replaced Retired Employees Medical Benefit Scheme. This Scheme has two parts. Part A covers those who are members of REMBS. The amount of coverage is

63 SBMPC - General Secretary Report restricted to the balance of limit only. This limit gets reduced to the extent of amount claimed from the insurance company. The premium is paid by the Bank. The Scheme also allows 15% to 25% of the limit for claiming domiciliary treatment. The premium is competitive. However, we are not sure about renewal premium. Those who are not part of REMBS can join the Scheme by paying premium/additional premium depending on the required coverage. We have provided entire scheme, as annexure to this report. After detailed discussion, we would come out with suggestion with regard to further course of action with regard to REMBS.

But, we need to ponder about various options before us as far as Insurance coverage is concerned. We have also enclosed circulars issued by State Bank of India with regard to Medical Insurance Scheme of SBI Retirees.We are considering resolutions in this regard. Donation :

We have been requesting our members to donate liberally. We also requested our members to give Standing Instructions for transferring amounts to our Commune’s account every month. Many of them have responded and their names are listed in Annexure. We are happy with the responses of our members and would be happier, if every one of you can give Standing Instructions.

Further, many of our members have given donation in lumpsum. We have also provided their names along with the amount of their contribution. Please join us in commending their decision. Thank you very much, friends.

Accounts &Finance :

Expenditure incurred during 2012-13 is Rs.5,01,959/-, during 2013-14 is Rs.631,345/-, during 2014-15 is Rs.6,17,013/- and during 2015 – 16 is Rs.10,63,548/-. The amount of expenditure incurred for attending Trichur Conference, Workshops on Medical Insurance, formation of District Committees, expenses incurred for visiting Mysore to attend Pre-retirement training etc., are included in Rs.10,63,548/-, spent during this year. We have also spent over Rs.1,00,000/- towards Legal expenses for fighting our case at Supreme Court.

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We are maintaining books of accounts are Computerised. Account books are printed and bound. Any of members who desires to have further information, may please visit our Office. Now, we have fixed deposits to the extent of Rs.18.00 lacs and accrued interest in excess of Rs.2.00 lacs. We have debit authorizations to the extent of about Rs.25.00 lacs. As at 31.3.2012, Bank balance we had was about Rs.14.00 lacs. We have, indeed grown financially also. Responses to Questionnaire : We had enclosed a Questionnaire to July issue of Mysore Bank Shathayu, requesting our members to provide their opinion on functioning of our Commune and also their personal details which are useful in rendering better service. We are in receipt of over 1,000 responses and responses are being received every day. While most of our members are satisfied, many of them have also commended our efforts and services. There are a few responses where our members have expressed reservations. The first one is regarding not extending the facility of dispensing with keeping matching deposits as provided in SC 80 to those who have retired earlier, non-receipt of Medical Insurance E-Cards and improving communications. Since, State Bank of India has advised our Bank that this facility of dispensing with maintaining matching deposits in respect of those who retired earlier, we did not respond due to inexplicable reasons. We have personally called the person and explained the reasons. Perhaps, our Commune is the only Bank Retirees’ Organisation which has undertaken this activity of distribution of Medi Assist E-Cards. We have several constrains and still we have sent more than 98% of Cards. In most of remaining cases, we do not have addresses. Therefore, you may contact our Volunteers and if you have not received these cards, you may please obtain the same, if they are available. It is our endeavor to take service by our Commune to higher levels. Please assist us by your indulgence. Conclusion : Personally, I never aspired for or dreamt that I would stand before you today, presenting General Secretary’s Report. I was aware that it will take efforts, time, 65 SBMPC - General Secretary Report blood, sweat and tears. The circumstances under which I had to take this responsibility forced me to make determined efforts to prove that our Commune would be second to none in every area which is pertinent to retirees’ organization. I do not know, how far we have succeeded. It is you who has to say, whether we have succeeded or I have failed. I am using the letter ‘I’. It is not on account of arrogance connected with this. But, it is only ‘I’ who is responsible for every mistake we have committed, every error of ours and failures on our part. I have made mistakes. But, I never made a mistake of claiming that I never made a mistake. After all, it is only who work can make mistakes, but not those who do not work. While I plead each one of you to condone the lapses, we always welcome your guidance and suggestion. Thank you very much.

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