BROAD SUMMARY FO CHARTER OF DEMANDS FOR 11TH BIPARTITE SETTLEMENT – 40 POINTS

ALL INDIA BANK EMPLOYEES’ ASSOCIATION
Central Office : “PRABHAT NIVAS” Regn. No.2037
Singapore Plaza, 164, Light Chetty Street, Chennai-600001
Phone: 2535 1522 Fax : 4500 2191, 25358853 Web : www.aibea.in

15-2-2017

CIRCULAR No. 28/4/2017/4
TO ALL UNITS AND MEMBERS:

Dear Comrades,

Charter of Demands for 11th BP Settlement submitted to IBA

Our units and members are aware that the period of our current 10th Bipartite Settlement would come to an end by October, 2017 and a revised Settlement (11th Bipartite Settlement) has to be worked out to be effective from November, 2017. In order to negotiate and settle the 11th BPS, we need to submit our Charter of Demands.

Accordingly, the issue was discussed amongst our five workman Unions viz. AIBEA, NCBE, BEFI, INBEF, and NOBW and a broad summary of the Charter of Demands has been finalised.

Shortly, our 5 unions will meet and a full-fledged Charter of Demands containing the details of each of the demand would be finalized. In the meantime, we have submitted the Broad Summary of the Demands to the IBA today.

The demands submitted to the IBA are furnished herein for the information of all our units and members.

With greetings,

Yours comradely,
sd/-
C.H. VENKATACHALAM
GENERAL SECRETARY

BROAD SUMMARY FO CHARTER OF DEMANDS FOR 11TH BIPARTITE SETTLEMENT

1. Revision and improvement in Pay Scales by merger of Dearness Allowance upto October, 2017 and with additional loading thereon.

2. Merging Special Allowance with Basic pay.

3. Improvements in Special Pay, PQP, FPP and Stagnation Increment

4. Revised DA formula and improvement in compensation against price rise.

5. Provision of housing accommodation/quarters for all clerical and substaff and payment of HRA on the lines of officers.

6. Introduction of Education Allowance

7. Substantial increase in Transport Allowance /reimbursement of petrol cost

8. Improvements in leave benefits and LFC entitlement; Introduction of Leave Bank system.

9. Increase in Annual Medical Aid and review for improvements in medical insurance scheme . Unilateral changes in the scheme to be withdrawn. The rate of medical Insurance after retirement to be discussed with the unions before renewal.

10. Bonus for all employees without any ceiling

11. Removal of ceiling on Gratuity under the Gratuity Act.

12. Total exemption from Income tax on entire retirement benefits including Leave Encashment.

13. DA linked defined and assured pension scheme in lieu of NPS

14. Introduction of 5 Day banking service in the remaining weeks of the month apart from 2nd. And 4th. Week.

15. Improvement in Special Area Allowance and special compensatory provisions for North East, Himachal Pradesh and Jammu & Kashmir

16. Regular banking jobs and services not to be outsourced and all existing contract employees to be regularized and absorbed

17. Adequate recruitment of clerical and substaff in all Banks

18. Implementation of Supreme Court order on equal wage for equal work for existing temporary and contract employees till the vacancies are filled up by regular employees.

19. Proper implementation of compassionate ground appointment scheme . The clause of 5% quota in respect of total recruitment to be deleted.

20. All part time employees to be converted as full time employees

21. Improvement in Other Allowances and other service conditions like Diem Allowance/Halting allowance, hotel rent reimbursement, Project Area Allowance, etc.

22. Deletion of Para 522(1) of Sastry Award

23. Disciplinary Action Settlement – review of certain provisions like Clause 5 (j) which are being misused.

24. Better compensation on transfer of employees on deployment policy

25. Restoration of BSRB

26. Intra-cadre career progression scheme for Award staff.

27. Improvement in pension scheme on the lines of Government scheme on rate of pension, periodical updation, family pension, same DA for pre 2002 Nov. retirees, etc.

28. Revision in Ex Gratia Pension for pre-1986 non SBI retirees.

29. Follow up of the issues covered by Record Note dated 25-5-2015

30. Extension of medical scheme and LFC to retirees as in the case of in service employees

31. Uniform guidelines on quantum and rate of interest on staff loans

32. Improved housing loan to staff at nominal interest

33. Allocation of fund Staff Welfare Schemes based on Operating profits and setting apart a portion of it for schemes for retirees

34. Improvement in guidelines in relation to physically challenged/ differently abled employees

35. Special provisions for women employees on the lines of 7th Pay Commission recommendations.

36. Uniform guidelines on fitment for Ex-servicemen joining the Banks.

37. Improvement in remuneration of Daily Deposit Collectors

38. Parity in wages and service conditions for RRB employees.

39. Internal and external relativity to be maintained.

40. Settlement to be effective from 1-11-2017 for next three years.

Similar Posts:

• 11th Bipartite Settlement Updates
• 11th Bipartite: Wage Negotiation with IBA on 5th May 2018
• Group Mediclaim Insurance Policy for Bank Employees
• AIBEA : Medical Insurance Scheme for Bank Employees and Officers who have retired after 1-10-2015
• One Rank One Pension scheme for banking industry

Indian Banks’ Association

HR & INDUSTRIAL RELA TIONS

No.CIR/HR&IR/D/G2/2015-16/2013
January 30, 2016

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

Dear Sirs,
Dearness Relief payable to Pensioners for the period February to July, 2016

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960= 100) for the quarter ended December, 2015 are as follows:-

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 February 2016 to July 2016 as per Annexure.

Yours faithfully,

Sd/-
K S Chauhan
Senior Vice President

Similar Posts:

• Dearness Relief to Bank Pensioners from February 2018 to July 2018 – IBA Orders
• Dearness Relief to Bank Pensioners for the period Aug 2017 to Jan 2018 – IBA Circular
• Dearness Relief payable for the period February to July, 2016 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia
• DR for Bank Pensioners for the period August 2017 to January 2018 – IBA Circular
• IBA Issues Bank DA and DR Orders for the period August 2016 to January 2017

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No. CIR/HR&IRID/G2/2015-16/2022
January 30, 2016

Designated Officers of all Nationalised Banks
and Associate Banks of State Bank of India

Dear Sirs,

Dearness Relief payable for the period February to July, 2016 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia

As per the directive contained in the Government of India, Ministry of Finance Department of Economic Affairs (Banking Division) letter F.No.11/2/2012-IR dated 17.12.2013, the Dearness Relief payable to surviving pre 1.l.1986 retirees of banks for the period February to July, 2016_ on Ex-gratia will be as under:

 Yours Faithfully,

Sd/-
K S Chauhan
Senior Vice President

Similar Posts:

• DR for Bank Pensioners for the period August 2017 to January 2018 – IBA Circular
• IBA Issues Bank DA and DR Orders for the period August 2016 to January 2017
• Dearness Relief to Bank Pensioners from February 2018 to July 2018 – IBA Orders
• Dearness Relief payable to Pensioners for the period February to July, 2016 – IBA
• Dearness Relief to Bank Pensioners for the period Aug 2017 to Jan 2018 – IBA Circular

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR.&IR/76/D/2015-16/2008
January 30, 2016

All Members of the Association
(Designated Officers)

Dear Sirs,

Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2016 under X BPS/ Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (BaseI960=100) for the quarter ended December 2015 are as follows:-

The average CPI of the above is 6147. Consequently, Dearness Allowance payable to employees is for 426 slabs for the period February, March & April 2016 i.e an increase of 28 slabs over the current level

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of February, March & April 2016 shall be 42.60% 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 allowance to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.

Yours faithfully,
Sd/-
K S Chauhan
Senior Vice President

Similar Posts:

• DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note
• Dearness Allowance to Bank Employees from Feb 2019 – IBA Circulars
• DA for Bank Employees : IBA issued orders for next quarter from Feb to Apr 2017
• DA for Bankers from May to July 2017 as per 10th BPS/Joint Note
• IBA Orders on DA : Increase in DA Slabs of 34 – 64.50 % May to July 2019

Indian Banks’ Association

10th Wage Agreement

Indian Banks Association inked wage settlement with Employee Unions and Officers’ Associations today, 25th May, 2015. The settlement gives 15% increase in salary and Allowances to about 10 lakh bank employees.

Employees and officers from 43 banks including public sector banks, old private sector banks and some of the foreign banks benefit from the wage revision. The current wage revision is effective from 1st November 2012 and will be valid for 5 years. In all 11 All India Employees Unions and Officers’ Associations participated in the wage revision exercise.

The scale pay of Officers has been revised from Rs.14500 – Rs.52000 to Rs.23700 – Rs.85000. (Special allowance for officers ranging from 7.75% to 11% of basic pay along with applicable Dearness allowance has also been introduced)

The scale pay of Workmen – non-subordinate has been revised from Rs.7200-Rs.19300 to Rs.11765-Rs.31540, also the scale pay of Subordinate staff has been revised from Rs.5850-Rs.11350 to Rs.9560-Rs.18545. (Special allowance for workmen @7.75% of basic pay along with applicable Dearness allowance has also been introduced)

Another important feature of the settlement is that a medical insurance scheme is being introduced for families of employees.

The 15% wage revision would cost the Public Sector banks Rs.4725 crores as incremental Salary and allowances in a year. Banks have been making provision for wage revision from November 2012. Mr. T M Bhasin, Chairman, IBA and Mr. Rajiv Rishi, Chairman, Negotiating Committee of IBA led the Management team in the negotiations. IBA expects banks will implement the revision immediately.

IBA expects the salary revision to improve the moral of the bank employees, leading to better productivity.

Similar Posts:

• Salary hike for Bank Employees, 30 month Pay Arrears – New Wage Revision agreement to be signed on the 25th
• Bank Employees Wage Revision – 10th Bipartite Wage Settlement Minutes
• 11th Bipartite Settlement Updates
• Finance Ministry approved 10th Bipartite Settlement Wage Revision for Officer Employees of Public Sector Banks
• FINMIN SEEKS STATUS REPORT ON PAY REVISION TALKS FROM PSB