AIBOA has presented a new updated pay and arrears calculator for bank officers through on its official website. Please click here to download the Pay & Arrears Calculator

Joint Note to be signed between Officers Organisations and IBA

As soon as the the joint note is signed we shall up load the full text of the same.

In the meanwhile we furnish here under the HIGHLIGHTS of pay AND other details on which areas of agreement reached for information of members

HIGHLIGHTS

Basic Pay 23700 – 85000

DA @0.10% per slab [ As on date 33.70% ]

Special allowance
Up to Scale III @ 7.75% + DA
Scale IV and V 10% + DA
Scale Vi and VII 11% + DA
HRA @ 7 8 9 %
CCA @ 600 and 870 > 3% and 4% subject to maximum

Medical Aid 8000 up to Scale III & 9050 above ScIII
Stagnation Increment one Additional Increment for
Scale II III and IV

Source: AIBOA

The post All India Bank Officers Association presents Pay & Arrears Calculator for Bank Officers appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

ALL INDIA BANK OFFICERS’ ASSOCIATION

Circular No.10/VI/2015

May 20,2015

Camp :Mumbai

All Units / State Committees

Dear Comrades,

• Understanding reached on financial components of wage revision.
• 7th Joint Note to be inked on 25th May 2015 at Mumbai Today, the penultimate round on the current wage revision was held at IBA Office, Cuffe Parade, Mumbai at 2.30 p.m. The IBA team was led by Shri Arun Tiwari, CMD, Union Bank, Shri Ashwini Mehra, DMD, SBI, Shri M. V. Tanksale, CEO, IBA, Shri K. Unnikrishnan, Dy. CEO, IBA, Shri K. S. Chauhan, Vice President, HR & IR, IBA besides the support team of IBA.

Preceding the discussions, there was a preliminary round in which Com. Alok Khare, Vice Chairman, besides the undersigned with the other organizational representatives participated in the exercise.

CEO, IBA while welcoming the representatives of the officers organisations expressed his happiness in the matter of reaching the understandings on distribution of the financial benefits to the officers based on the MOU inked on 23rd February 2015. He emphasized the need to protect and promote the public sector banks image in the eyes of the common man of the country. He also expressed the need to take forward the message of building a sense of belonging to the members of the officers community. Shri Arun Tiwari, CMD, UBI was categorical that the work force needs to be satisfied first through whom the image building and the involvement to build the public sector banks would become possible. Representatives of the four officers organisations responded positively to the observations and expressions made by the members of the IBA team. The agreed load was distributed amongst the pay slip components through mutual discussion and the chart of allocation was signed by the both the parties. The details are as under :
1. Basic Pay –

Scale I – 23700 – 980(7) – 30560 -1145(2)-32850-1310(7)-42020

Scale II – 31705-1145(1)-32850-1310(10)-45950

Scale III – 42020-1310(5)-48570-1460(2)-51490

Scale IV – 50030-1460(4)-55870-1650(2)-59170

Scale V – 59170 -1650(2)-62470-1800(2)-66070

Scale VI – 68680-1960(4)-76520

Scale VII – 76520-2120(4)-85000

2. Dearness Allowance – @0.10% per slab above CPI 4440 currently – 33.70%

3. Addl Stagnation increment – Scale II – 1, Scale III-1, Scale IV-1 (periodicity once in two years)

4. CCA – Higher Area 4% – 870, Lower Area 3% – 600

5. HRA – Major A class – 9%, Area I – 8%, other places -7%

6. Medical Aid – Scale I to III – Rs.8000, Scale IV and above – Rs. 9050

7. Special Allowance – Scale I to III – 7.75%, Iv & V – 10%, VI & VII – 11%
(it attracts Dearness Allowance)

The approval related to holidays on 2nd & 4th Saturdays is pending with Government Authorities for their approval and notification. Comrades, efforts are taken to give true reflection of the above in the joint note coupled with particulars related to other service conditions too. Various suggestions have been made by officers organizations to IBA on these matters.

We shall convey the full details of the joint notes once the same is finally inked on 25th May 2015 at Mumbai.

Comradely,
[s/d]
/S NAGARAJAN/
GENERAL SECRETARY

Source: AIOBA

The post Financial Components of Wage Revision – AIBOA Circular appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Discussed Points: Hospitalisation Scheme, 100% D.A.Neutralisation for retirees, 2% of loading on basic pay and DA and Converting of DA series.

“IBA should give the new pay structure immediately and pay scales so drawn should be discussed within reasonable time”

Circular No.8/VI/2015

April 17, 2015

To:
ALL UNITS / STATE COMMITTEES

Dear Comrades,

UFBU MEET AND
SUB COMMITTEE MEETINGS WITH IBA,

Preceding the IBA meeting on 16th April, 2015, UFBU met at Maharastra State Bank Employees Federation Office at Fort Mumbai on 15.04.2015 at 18.00 hrs. Our Organisation was represented by Com.Alok.Khare, Vice Chairman, Com.S.S.Shishodia, President besides the undersigned. All the constituents have participated in the meet.

1. The following issues were discussed for taking up the same with IBA.

• Improvements in the proposed Insurance backed Hospitalisation Scheme.
• Four issues concerning the Retirees- [a] 100% D.A.Neutralisation for retirees prior to 1.11.2002; [b].Family Pension; [c]. Updation of Pension; [d]. Coverage of Hospitalisation to Retirees.
• Constraints in construction of Pay scales with the condition of 2% loading
• Feasibility of converting the DA series from the base year of 1960 to 2001.

2. The IBA subcommittee on Hospitalisation Scheme was headed by Shri.Arun Tiwari, Chairman Union Bank of India, Shri.Shailesh Verma CGM, SBI, Shri.B.S.Shekhawat, GM (HRD) CBI, Shri.M.V.Tanksale, CEO IBA, Shri K.Unnikrishnan Dy.CEO IBA besides HR officials of IBA. The representatives of all the eleven unions have participated.

3. There was a detailed discussion on the Hospitalisation based on the documents provided by the IBA to all the unions. Our organisation has forwarded the various suggestions on the scheme to IBA, earlier to the commencement of the discussions, The said communication addressed to the IBA is sent herewith. At the end, there are very many loose ends to be knitted to present a comprehensive and an improved beneficial scheme to the Bankmen at large.

4. In the exclusive sub committee meeting of Officers, IBA team was headed by Shri. Ashwini Kumar Chairman Dena Bank, Smt.Indira Padmini, GM, IOB, Shri.B.S.Shekhwat, GM CBI besides the top officials and also of HR team of IBA,

5. The talks continued on issues listed in the Charter of demands of officers. The discussions are progressing but inconclusive. The Officers’ organisations have requested for one more sitting to take forward the discussions preferably next week.

6. We shall keep the units informed about the progress made to convert the MOU into 7th Joint Note.

Yours Comradely,

S.NAGARAJAN
GENERAL SECRETARY.

Source: http://www.aiboa.org/news.html

The post Talks with IBA continues – Next meeting on 22.4.2015 – AIBEA Circular appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Today (16-04-2015) IBA – UFBU meeting took place wherein all details of proposed new medical reimbursement scheme was discussed.

Scheme will be finalised shortly.

For retirees also we have asked IBA to workout a similar scheme.

In the afternoon discussions on other demands of workmen and officers were discussed.

Next week negotiating committee meeting will be held and pay scales etc. will be discussed.

Source: AIBEA

The post IBA – UFBU meeting on 16th April 2015 – AIBEA Report appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Sub committee meeting on bank bipartite on 16th April

As per the Minutes signed by the Bank Unions (UFBU)and Indian Banks Association(IBA) on 23rd Feb 2015 the 10th Bi partite Settlement on Bank Employees wage Revision has to be signed within 90 days.

In this process all issues as per Charter of Demand ,has to be sorted out within that period.

The Sub committee meeting on medical reimbursement is scheduled to be held on 16th April at 11.00 am. Meeting with workmen unions will be held at 2.00 pm

News courtesy : Mohan.P

Source: paycommissionupdate.blogspot.in

The post 10th Bipartite Settlement – Sub committee meeting on bank bipartite on 16th April appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

All India Bank Employees Association (AIBEA) published the discussion points in the meeting with Indian Banks Association held on 17th March 2015.

Nearly 26 points were discussed in the meeting and more important issues like construction of Revised Pay Scales, revised DA formula, HRA rates, Transport Pay, introduction of Grade Pay, revision of Special Pay, LFC, revision in other allowances, retirees’ issues, etc. and other issues/ demands would be taken up for discussions in the subsequent rounds of meetings.

DETAILS OF DISCUSSION WITH IBA ON 17.03.2015

Discussions with IBA on 17-03-2015

Units and members are aware that our charter of demands includes demands on improvement in various service conditions apart from increase in wages. Prior to the signing of the Minutes of Discussion on 23-2-2015, there were two rounds of discussions with the IBA on these issues. Yesterday i.e., on 17.03.2015, one more round of discussions took place, during which understandings have been reached on the following issues:

1) ENCASHMENT OF LEAVE: The benefit of encashment of Privilege Leave will be available even in the cases of resignations from the Bank after 20 years of service as well on loss of job due to punishments (other than cases of punishment of Dismissal and cases where there is loss to the Bank).

2) LEAVE: The present stipulation that Casual Leave (CL) upto 4 days can be availed continuously provided the total absence including Sundays and holidays does not exceed more than 6 days would be deleted.

3) Presently Unavailed Casual Leave (UCL) can be availed for a day without production of medical certificate. In addition UCL may be availed without production of medical certificate for 4 days at a time once in a year or 2 days at a time twice in a year.

4) Privilege Leave (PL) can be availed on 4 occasions in a year (as against 3 occasions at present).

5) 15 days’ Notice would be sufficient to avail Privilege Leave (as against 30 days’ notice at present).

6) Privilege Leave can be accumulated upto 270 days (as against the existing ceiling of 240 days). However, encashment upto 240 days would continue as at present.

7) Special Sick Leave with Salary for a maximum period of 30 days would be sanctioned to an employee while on hospitalisation for donation of kidney or any organ.

8) Maternity Leave, within the overall entitlement, would be granted for 60 days (now 45 days) in the case of hysterectomy.

9) Maternity Leave for legal adoption of a child would be 6 months (now 2 months)

10) The above facility of Maternity Leave would also be available to a biological mother in cases where the child is born through surrogacy.

11) Part time employees would also be entitled to Maternity Leave under (9) and (10) above.

12) Paternity Leave would be extended on the lines of Government employees i.e. 15 days at a time on 2 occasions.

13) Study Leave upto 2 years would be sanctioned to workmen employees as available to officers.

14) Sabbatical Leave for women employees would continue to be extended on the lines of government guidelines.

15) Sabbatical Leave for male employees would be referred to the Government for consideration.

16) Extraordinary Leave (without Pay) would be sanctioned upto a max. of 720 days during the entire service (as against the existing ceiling of 12 months).

17) Special Casual Leave for absence due to curfew would include exigencies like riots, prohibitory orders, natural calamities.

18) Special Leave for Sports activities, trekking, mountaineering, etc, would be dealt with at each Bank level.

19) INTRODUCTION OF LEAVE BANK: System of Leave Bank would be introduced by which employees can voluntarily donate a part of their entitled leave to a common pool from out of which leave with salary would be sanctioned to employees who are compelled to be on prolonged leave due to treatment of major diseases/accidents and other contingencies beyond their control and where such employees have exhausted all their leave.

20) Diem Allowance: Diem Allowance payable while on travel on duty would be revised upwardly and quantum would be finalised in the next meeting.

21) When employees travel on duty to another station and stay in a hotel, the room rent would be reimbursed; the eligible rates would be finalised in the next meeting.

22) Transportation of goods while on transfer: An employee while on transfer from one station to another can transport his personal effects by train or road (even if the places are connected by train) upto the stipulated weights by an IBA approved Transport Operator.

23) Compensation for Breakages: Compensation for losses due to breakages or damage to goods while transporting would be reimbursed as under:

Existing amount on production of receipts for Clerks – Rs.1120 to be revised as Rs.1500

Existing amount on production of receipts for Substaff – Rs.745 to be revised as Rs.1000

Existing amount without production of receipts for Clerks – Rs.745 to be revised as Rs.1000

Existing amount without production of receipts for Substaff – Rs.560 to be revised as Rs.750

24) Travel on Duty/on transfer:

Existing for Non-Subordinate employees 1st Class to be revised as AC 2 Tier

Existing for Subordinate employees 2nd Class to be revised as AC 3 Tier

25) Dependents’ Income Criteria: Income limit to define a dependent would be Rs. 10,000/- per month (as against the existing Rs.3,500/- p.m.)

26) Pension for part time employees: The entire service period would be taken for arriving at eligible pension instead of pro-rata service.

Important issues like construction of revised Pay Scales, revised DA formula, HRA rates, Transport Pay, introduction of Grade Pay, revision of Special Pay, LFC, revision in other allowances, retirees’ issues, etc. and other issues/ demands would be taken up for discussions in the subsequent rounds of meetings.

Further development on these issues will be informed to members in due course.

Source: AIBEA

The post Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Likely increase of salary for bank employees

The post Likely increase of salary for bank employees appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Meeting of sub committee on charter of demands on workmen to be held on 30th January 2015 at Mumbai.

Following which IBA managing committee will meet on 31st January and next bipartite meeting with UFBU will take place at Mumbai on 3rd February 2015.

News Provided by Mr P.Mohan

The post Bank Wage Revision : IBA fixed date for next Bipartite meeting appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

BANK EMPLOYEES FEDERATION OF INDIA
NARESH PAUL CENTRE
53 Radha Bazar Lane, (1st Floor), Kolkata – 700 001
e-mail : pradipbefi@yahoo.co.in Website : http://www.befi.in/
(Ph):033- 2225-4414/2236-5108 (M) 94331 44271 Fax: 033-2236-5109/2242-069

Circular No: 01/2015

08th January 2015

To All Affiliates/Office Bearers/CC/GC Members

Dear Comrades,

NEGOTIATIONS WITH IBA

At the very outset, we wish all our members, their families, well-wishers and all acquaintances a VERY HAPPY AND PROSPEROUS NEW YEAR 2015.

In view of the Strike Notice by UFBU, the Chief Labour Commissioner (Central) convened a Conciliation on 05th January 2015.

In the conciliation, we emphasized that the proposed strike actions have been thrust on us by a totally indifferent and negative attitude of IBA in the matter of wage negotiations, despite flexible approach adopted by UFBU; we also took serious exception to IBA’s communication to the member Banks to re-visit the mandate. IBA, on their part, assured that they had no intention to complicate matters and expressed eagerness to resume negotiations on 06th instant.

Accordingly, another round of negotiations took place on 6th in Mumbai when, after prolonged hard-bargaining, IBA improved its offer from 11% to 12.5% of pay-slip components. While making it absolutely clear that this was not at all acceptable, UFBU demonstrated its flexibility by further revising its demand to 19.5% increase. IBA, while indicating its willingness to continue the negotiations on 07th too, requested for withdrawal of Strike programmes.

In view of some improvement in the talks, UFBU decided to defer the proposed Strike of 07th January 2015.During the negotiations on 07th, UFBU once again insisted on IBA for further improving its offer, to which IBA expressed that they want some more time for discussion amongst themselves. To our demand that negotiations be held at regular intervals for arriving at a settlement without further delay, IBA responded positively and indicated its intention to conclude the process by the end of February 2015. It was decided that Sub-Committees would be formed for expeditious resolution on some of the contentious issues, like reimbursement of 100% of Hospitalisation Expenses, regulated working-hours for officers, 5-day week, etc., raised by UFBU. IBA also agreed to discuss the Pension related issues/demands of UFBU.

Comrades, the united might of bankmen throughout the country has restored the negotiation process; but nothing should be taken for granted. We may only assure that the UFBU would leave no stone unturned to clinch a reasonable and fair deal for all the employees and officers as expeditiously as possible. However, given the past record of the IBA as also of the Government, we must be vigilant and remain organizationally prepared for any eventuality and to plunge into action, even at shortest possible notice.

Further developments would be communicated to you all in due course.

With greetings,

Comradely yours,

(PRADIP BISWAS)
GENERAL SECRETARY

Source: www.befi.in

The post Detailed Report on Negotiations with IBA – BEFI appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.