BANK DA of Clerical Staff and Subordinate Staff

In substitution of Clause 7 of Bipartite Settlement dated 25th May 2015 with effect from 1st November 2017, the Dearness Allowance shall be payable as per the following rates:

Clerical and Subordinate Staff

0.07 % of ‘pay’ per slab of four points.

Note: Dearness Allowance in the above manner shall be paid for every rise or fall of 4 points over 6352 points in the quarterly average of the All India Average Working-Class Consumer Price Index General) Base 1960=100.

• It is clarified that there shall be no ceiling on Dearness
• Dearness Allowance shall be calculated and paid on the following components:
  • Basic Pay including Stagnation increments,
  • Special Pay,
  • Graduation Pay/ Professional Qualification Pay,
  • Special Allowance,
  • Transport Allowance and
  • Officiating Pay,

if any, payable under this settlement in respect of both clerical and subordinate staff.

Revised rates of Variable Dearness Allowance Minimum Wages for Sweeping and Cleaning Worker w.e.f 1st October 2020 – Central Government Employees News

• All other existing provisions relating to Dearness Allowance Scheme shall 

The total quantum of wage revision increase (Pay slip component) shall be 3385 crores being 15% of the Pay slip component of Establishment Expenses of Public Sector Banks which are parties to this settlement for the financial year ending March 2017.

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Indian Banks’ Association

HR & INDUSTRIAL RELATIONS
No.CIR/HR&IR176/D/G2/2013-2014/7589

August 1, 2013

Designated Officers of all Member Banks
which are parties to the Bipartite Settlement on Pension

Dear Sirs,

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended June, 2013 are as follows:-

April 2013    5158.65
May 2013    5204.31
June 2013    5272.78

In terms of Regulation 37 of Bank Employees’ Pension Regulations, 1995 dearness relief is payable to pensioners at rates specified in Appendix II to the Regulations.

Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the dearness relief payable to pensioners for the period August 2013 to January 2014 as per Annexure.

Yours faithfully,
sd/-
K UNNIKRISHNAN
DY. CHIEF EXECUTIVE

Source: http://www.iba.org.in/Documents/scan0014.pdf

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Indian Banks’ Association

HR & INDUSTRIAL RELATIONS
No.CIR/HR&IR/76/D/2013-14/7581

1st August, 2013

All Members of the Association (Designated Officers)

Dear Sirs,

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base1960-100) for the quarter ended June 2013 are as follows:-

April 2013-    5158.65
May 2013-    5204.31
June 2013    –    5272.78

Consequently, dearness allowance to employees is payable for 593 slabs for the period August, September & October 2013 i.e. an increase of 32 slabs over the current level.

In terms of clause 7 of the 9th Bipartite Settlement dated 27.04.2010 and clause 3 of the Joint Note dated 27.04.2010, the rate of dearness allowance payable to workmen and officer employees for the months of August, September & October 2013 shall be 88.95% of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

We advise banks to pay the difference between the old and revised salary and allowances to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.

Yours faithfully,

sd/-
(K. Unnikrishnan)
Deputy Chief Executive

Source: http://www.iba.org.in/Documents/scan0002.pdf

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