ARISE MEETING AT CHANDIGARH ON 16TH SEPTEMBER 2017

Dear Comrades,

The Monthly General Body Meeting of Arise-Chandigarh Region was held on 16th Sept. 2017 at Hotel Park Grand, Sector 43, Chandigarh which was attended by large number of members including 8 Ex GMs/DGM/AGMs and many CMs. The proceedings of the meeting were conducted by Mr.P.S.Bhinder (Ex-AGM), Organizing Secretary of Arise of Chandigarh & Punjab Regions.

At the outset he moved resolution to condole the deaths of two Life Members of Arise i.e., Mr. B.B.Aggarwal and Mr.Mani Ram Cherwal and one minute’s of silence was observed to pray the Almighty to grant the departed souls to rest in peace.

He welcomed Mr. H.K.Jattana, Ex-GM, Mr.Parminder Singh, Mr. V.K.Bhardwaj, Mr.Lal Kumar and Mrs.Ritesh Munjal who joined Arise as as Life Members on their super annuation.

Thereafter, he apprised the members at length about the current scenario prevailing in the Banking Industry viz-a-viz; Ongoing Wage Revision Negotiations, March to Parliament held by UFBU duly supported by AIBPARC in general and ARISE in particular, pending issues of Retirees relating to Updation of Pension, improvement in Family Pension, the status of 100% DA neutralization case pending before the Supreme Court and about the salient features relating to renewal of Group Health Insurance Policy with Top-up Scheme as well as with or without Domiciliary Facility. In addition to the regular follow up being taken up by AIBPARC  leadership with IBA and UFBU especially under the leadership of Com. K.V.Acharya, for early solution of our demands, the members were also made aware about the hectic lobbying being done by our leadership at Govt., level also.

After distributing copies of the circular containing details of Group Health Insurance Scheme among the members, a thorough discussion was held on each and every point of IBA/UIICO/MDIndia’s offer for renewal of Policy  with top-up scheme, as well as with Domiciliary or without Domiciliary Coverage. The members were made fully aware about the merits and demerits of the said scheme. However, as being Senior Citizens, we do not know what lies for us in store in future, the members were advised to be best judges of their’s and their spouses’ health status and take decisions about renewal of the policy accordingly.The majority of the membership was of the opinion that it is better to go for renewal of the policy with top-up scheme at the given rate of premium, having facility of 100% reimbursement of claims, as the scheme is still cheaper in comparison to other policies available in the market and reimbursing of  only @ 80% of claim amounts.

As many members faced difficulty in claiming rebate for Insurance Premium paid for Group Health Insurance Policy this year, they were advised to ask their Pension Paying Branches  to include this deduction in F.16 to be issued to be issued to them at the end of current financial year.( Some members have received notices from Income Tax Deptt.,  asking for providing them authentic proof for the same).

The members were also made aware as to how the bank is with-holding terminal benefits of many new retirees on flimsy grounds and how we are trying to get the same released. The members were appreciable of the steps being taken up by Arise Leadership for getting such issues settled.

The next date of meeting was fixed as 25th October, 2017.

The meeting was concluded with Vote of Thanks extended by Mr. H.K.Jattana, who in his address thanked the Organizing Secretary for taking pains to up-date the members about latest developments taking place in the banking industry as well as for helping the retirees in redressing their grievances. He exhorted the members to attend such meeting in more and more strength, as the same are very useful for keeping us together, updating our knowledge and sharing our views.”

Yours comradely,
P. S. Bhinder
Organizing Secretary