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IBA has since indicated intentions of looking at Revision of Pension , as it indeed is for us.





FEDERATION OF RETIRED LIC CLASS I OFFICERS' ASSOCIATIONS     
President :    N.P. Bali
705, Sur, Veena Saaz, Thakur Complex,
Kandivali (East), Mumbai - 400 101
Mob : 9820324213
Email Id - npbali@hotmail.com
General Secretary :    D Krishnan
No.6/1, Sreshta Riverside Apartments,
Wood Creek Road, Nandambakkam, Chennai - 600089
Tel : 9176635967 / 044 42850049.

Friends,
Our Communication DK 69 of 6-6-2019, carried a detailed Report of Discussions between Bank Representatives and IBA , purported to have taken place on 26-5-2019. This was a big mistake. The Report actually is of 2016 and not 2019 as suggested. The Error resulting in possible confusion is deeply regretted.

On the contrary, the incidental thing is that the rather negative portends carried in that Report is not relevant today, as the IBA has since indicated intentions of looking at Revision of Pension, which is the major concern for the Bank Retirees , as it indeed is for us. 

An encouraging info is indicated after certain bank retirees’ organisation had met IBA. We must also keep pressing on our demands. The contemplated meeting with the Chairman is one step. We are awaiting the date for the meeting from LIC. 

The 92-93 case in Kerala HC is slotted to come up on 10th instant. A few of us including me will attend the hearing. 

We shall post you with further information.

With greetings,


D.Krishnan
General Secretary














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