I wish to draw your kind attention on following discriminatory laws, agreements, practices or rules and hope you will suggest corrective step to concerned department.
In all companies in private sector employee is free to leave the job with 60 days notice. But in government offices or in banks or insurance companies staffs are like slave. If they resign before retirement age they have to forfeit their PF or pension benefits. In the age of reformation employees switch from one company to other in quest of better pay package. It is he duty of government to bring about necessary amendment in PF payment, pension payment and gratuity payment act so that none of the benefits are snatched by employer. It is surprising that bank employees are not given pension or PF if he resigns from his services even at the age of 50 or 55. Obviously banks want to earn profit by depriving legitimate right of employees. All acts related to terminal benefits must be made staff friendly and not employer friendly
Engineers and MBAs frequently change their employer in search of better pay package. Due to this they do not get payment of gratuity. Even PF is blocked because they get better employment at different place in different companies. It is not easy for them to get refund of accumulated amount from PF account because of lengthy process. This is why Rs.10000 crores in more than one crores account is unclaimed as per latest report.
Ceiling for Payment of Gratuity to central government employees is enhanced from 3.5 lacs to rupees ten lacs and it is effective from 01.01.2006 for central and state government employees but it is effective from 24.05.2010 for all others including bank employees. Why is such discrimination in this amendment?
In quest of better opportunities or due to extra ordinary pressure of work or due to torturous harassment of bosses or due to arbitrary rejection in promotion process or due to posting at critical place or due to any reason where an employee serving in a bank want to resign from his services he is not paid pension or bank’s contributions accumulated in PF account is not refunded to him. Why?
Central government bears the load of pension for central government employees but not for banks. Why?
SBI is giving PF, Gratuity and pension to all employees but other banks are not paying these three. Other PSU banks are paying only two PF and gratuity on retirement. Why?
In the recent 9t bipartite settlement banks agreed to give second offer to of pension to PF optees but they are making recovery from Rs.50000 to one lac rupees towards pension cost. Existing pension optees were not required to pay for opting pension. Why this discrimination?
Revised scale for Central government employees is adequately long in each cadre to accommodate employees till he gets time bund promotion and provides payment of annual employee every year even if he is not promoted to higher scale. In banks, most of the senior officers and non officer employees are not getting annual increment every year. Why is there stagnation in each scale? Seniority and knowledge experience become a curse in banking industry.
Why is government silent spectators of these anomalies and such objectionable violation of law of equality granted by Constitution of India for all for Indian citizens. One may suggest court case for remedy. But will anyone get justice from Indian court before his or her death even after spending all money he or she has in his hand?
12.08.2010
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