FOBOIPARA

• The year 2012 marked a turning point in the Bank Retirees’ movement in India.

• Previously a silent and dormant group, Bank retirees became a vibrant, assertive, and unified force.

• This transformation was initiated by the All India Bank Pensioners' and Retirees Confederation (AIBPARC) , which saw the need to unite Bank Retirees across all cadres under a common banner.

• This received widespread support, marking the beginning of a new era in Bank retirees movement .

• Subsequently, several individual bank-level retirees' associations were formed and affiliated with AIBPARC, strengthening the national movement.

• Among these, the Federation of Bank of India Pensioners' and Retirees' Associations emerged as one of the most prominent and active affiliate.

• It is dedicated to safeguarding the rights, dignity, and welfare of retired employees from all cadres of the Bank of India.

• The Federation focuses on:

  • Uniting the Bank employees under one banner

  • Champions the cause of Bank retirees to protect their rights and ensure welfare

  • Participating in socially relevant schemes / activities for benefit of the needy sections of society at large

• Its efforts are rooted in values of service, respect, and support for its members and the society.

  The need for consolidation of Retired Bank Employees / Officers arose more after introduction of Pension Scheme in the Banking Industry and bringing Bank Retirees under the wide net of Pension Scheme. A few of the Organizations of Retirees did exist before but were by and large in the nature of social clubs. Hence there was an imperative need to have an Organisation of Bank Retirees that could understand, foresee the issues of Retirees' welfare and effectively represent and pursue with the Authorities of Bank / Banking Industry as also with the Government. To that end at the Bank Level, the Federation of Bank of India Pensioners and Retirees Associations was formed on 24-11-2012 and at Industry/ National level, a National Confederation in the name of All India Bank Pensioners and Retirees Confederation was formed on 25-11-2012, The Federation and the Confederation are non-profit, independent and apolitical Organisations formed with the sole objective of catering to the welfare needs of Bank Retirees and bringing in improvements in post-retirement welfare measures and service conditions to help the Retirees to lead life of dignity and honour.
  
  The Federation of Bank of India Pensioners and Retirees Associations has 16 primary Units in the name of "Bank of Pensioners and Retirees Association" - from various states affiliated to it with total membership exceeding 18,000, comprising Retirees/ Pensioners/ Family Pensioners and Other Ex- employees of Bank throughout the Country. At National level, All India Bank Pensioners and Retirees Confederation has membership coverage of around 2.00 lakh Retirees from various Public Sector, Private Sector Banks, Co-operative Banks and Regional Rural Banks.
  
  The Federation & Confederation are endowed with time tested leadership that had spent more than 3 decades of selfless service in the cause of Bank employees and Officers which has enriched this movement of Bank Retirees. It is a matter of pride that our Federation is also a source of leadership to the Confederation. As a result, the consistent efforts of the Organisation could succeed in enhancing the quantum of ex gratia to pre-01-01-1986 retirees not covered under Pension scheme, introduction of Group Medical Insurance Scheme for Retirees and subsequent improvements therein, improvements in the Family Pension, bringing in uniformity in the matter of Dearness Relief to pre- November, 2002 Pensioners, extending the Pension scheme to the Retirees resigned after minimum service of 20 years etc. Presently, the issues such as provision for Structured Forum to Retirees Organisations at Industry level for grievance redressal, Updation of Pension etc. are being pursued. The Federation has a regular structured forum with the Management authorities of the Bank and is constantly engaged through correspondence, debate, discussions, deliberations with them for
  
  finding out proper solutions on the grievances of the Retirees as also for introduction of/ improvements in various welfare measures for Retirees of Bank.
  
  The Federation & its affiliated Units at grass root level are also constantly engaged in various social service activities by way of extending financial support to the deprived section of the society through various initiatives, running free homeopathic medical Centres in the rural / tribal areas, supporting educational needs of the children from poor families/ orphan children/ creating health awareness, promoting sports training and vocational skill developments by providing financial support, rendering assistance to the patients from poor families, providing necessary facilities at the Hospitals in Rural/ tribal areas and in many more ways.
  
  The Federation is a body corporate registered under Societies' Registration Act, 1860 as well as under Gujarat Public Trust Act, 1950.