AIBOA – CG Staff News

11th Bipartite Settlement Updates

Sony — Mon, 26 Nov 2018 07:37:06 +0000

11th Bipartite Settlement Updates

Latest Wage Revision Updates

Wage Talks with IBA – One More Mere Routine Exercise October 23, 2018 Read more…

Unions Firmly Rejected The Proposal of IBA – AIBOA October 15, 2018 Read more…

Summary of Bank Bipartite meeting on 12th October 2018 October 12, 2018 Read more…

Bank Wage Revision – Discussions with IBA on 29.9.2018 October 4, 2018 Read more…

Wage Revision Updates for Sep 2018

Bank Wage Revision (11th BPS) – Next Meeting with IBA on 29.9.2018 September 23, 2018 Read more…

Wage Revision Updates for Aug 2018

Discussions with IBA on Medical Insurance Scheme August 21, 2018 Read more…

Bank Wage Revision: Small Committee Meeting on 18.8.2018 August 19, 2018 Read more…

Wage Revision Updates for May 2018

Bank Wage Hike: 10th Bipartite settlement 15% – IBA’s Offer 2% May 10, 2018 Read more…

11th Bipartite: Wage Negotiation with IBA on 5th May 2018 May 7, 2018 Read more…

11th Bipartite Talks: Meeting at DFS on 2nd May 2018 May 7, 2018 Read more…

Wage Revision Updates for Feb 2018

UFBU to hold Dharna before Parliament on 21.3.2018 February 26, 2018 Read more…

Wage Negotiation: Negotiating Committee Meeting with Unions / Associations February 23, 2018 Read more…

IBA Invites UFBU for Negotiations on Wage Revision – UFBU Circular February 13, 2018 Read more…

Wage Negotiation: Negotiating Committee Meeting with Unions/Associations February 13, 2018 Read more…

Wage Revision Updates for 2017

UFBU MEETING HELD ON 13.11.2017 – AIBEA Circular December 8, 2017 Read more…

Bank Wage Revision – Discussions with IBA on 14.11.2017 November 18, 2017 Read more…

Bank Employees Wage Revision Talks with IBA October 31, 2017 Read more…

11th Bipartite Settlement : Meeting of the Core Group (Workmen) was held on 6.9.2017 September 11, 2017 Read more…

DA for Bank Employees for Aug, Sep & Oct 2017 as per 10th BPS August 3, 2017 Read more…

Committee for Bank Officers – Joint Circular August 3, 2017 Read more…

Bank Wage Revision : Meeting of Core Groups July 31, 2017 Read more…

Bank Wage Revision – 3rd Round Constitution of Sub-Committees July 27, 2017 Read more…

11th BPS Update : Management Issues (10 Points) June 13, 2017 Read more…

11th Bipartite News – Bottlenecks in the commencement of Salary Revision Negotiations in Banking Industry – AIBOC Circular May 24, 2017 Read more…

DA for Bankers from May to July 2017 as per 10th BPS/Joint Note May 2, 2017 Read more…

Next Wage Revision in Public Sector Banks April 26, 2017 Read more…

11th Bipartite Common Charter of Demands – AIBEA February 18, 2017 Read more…

Wage Revision Updates for 2015

10th Wage Agreement – IBA Circular May 25, 2015 Read more…

IBA Clarification on Paternity Leave, Encashment on LFC, Re-fixation of Pay and Special Allowance July 28, 2015 Read more…

Finance Ministry approved 10th Bipartite Settlement Wage Revision for Bank employees June 22, 2015 Read more…

Salary hike for Bank Employees, 30 month Pay Arrears – New Wage Revision agreement to be signed on the 25th May 24, 2015 Read more…

All India Bank Officers Association presents Pay & Arrears Calculator for Bank Officers May 21, 2015 Read more…

Financial Components of Wage Revision – AIBOA Circular May 21, 2015 Read more…

Bank Wage Revision 10th Bipartite : Scales finalized – RBI cleared holiday for 2nd & 4th Saturdays May 20, 2015 Read more…

Talks with IBA continues – Next meeting on 22.4.2015 – AIBEA Circular April 20, 2015 Read more…

10th bipartite settlement of bank employees latest news on 17.4.2015 April 18, 2015 Read more…

IBA – UFBU meeting on 16th April 2015 – AIBEA Report April 17, 2015 Read more…

10th Bipartite Settlement – Sub committee meeting on bank bipartite on 16th April April 11, 2015 Read more…

Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015 March 19, 2015 Read more…

Bank Employees Wage Revision – 10th Bipartite Wage Settlement Comes to an End..! February 23, 2015 Read more…

No improvement in Conciliation meeting held on 5.11.2014 – Bank employees Strike on 12.11.2014 November 7, 2014 Read more…

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Wage Talks with IBA – One More Mere Routine Exercise

Sony — Wed, 24 Oct 2018 12:07:22 +0000

Wage Talks with IBA – One More Mere Routine Exercise

WAGE TALKS WITH IBA – ONE MORE MERE ROUTINE EXERCISE.
ALL INDIA BANK OFFICERS’ ASSOCIATION

Circular No.22/VII/2018

October 14, 2018

ALL AFFILIATED UNITS / STATE COMMITTEES

Comrades,

WAGE TALKS WITH IBA – ONE MORE MERE ROUTINE EXERCISE.

IBA has invited the nine organizations for a meeting at Mumbai on 12th October 2018 at 12.00 noon.

2. Preceding the meeting with IBA, on 11/10/2018, four officers’ organizations met at INBOC office at 4.45pm, to decide the collective and consensus approach of the organizations on IBA’s proposal of introduction of variable pay in one form or other in the present discussion itself. Amongst us, it has been decided to prioritize the issues: 1. Fractured Mandate; 2. Merger of Banks; 3.Expeditious conclusion of wage talks and 4.Focus on core banking activities and stop misselling of third party products. There are other issues like up-dation of pension, Family Pension and Recruitment of adequate workforce in the Industry. AIBOA was represented by Com.V.Ramabhadran, Convenor, Wage Committee, Com.V.Viswanathan President, AIBOA (MSC), along with the undersigned.

3. The representatives of the nine constituents met in the IBA office as per the requirements of the situation by preponing the meeting scheduled to be held on 14th at Mumbai to 12th at 09.30 hrs, at IBA office. AIBOA was represented by Com.Narendra Kotiawala, DGS, Com.V.Ramabhadran, Secretary, AIBOA along with the undersigned. The meeting commenced a bit late but the decision was unanimous on rejecting the proposal of the IBA on introduction of fixed and variable pay as part of current wage talks. On Merger of three banks, the discussions were inconclusive, as the time scheduled for discussion was at 12.00 hrs.

4. The IBA team was led by Shri. G.Rajkiran Rai, MD&CEO Union Bank of India, Shri.Prashant Kumar, CFO, SBI, Shri.V.G.Kannan CEO IBA, Shri.B.Raj Kumar Dy.CEO IBA, Shri.S.K.Kakkar Sr.Advisor HR&IR IBA, Shri.K.S.Chauhan and other officials of the HR Department participated in the exercise. Shri. R.K. Takkar Chairman Negotiating Team IBA, MD & CEO UCO Bank, and Shri Shyam Srinivasan MD&CEO Federal Bank were on Video Conference mode. The nine unions’ representatives were present in the discussions.

5. In the 90 minutes exchange of expressions between both parties came to an end with the following candid collective and consensus conclusions from 9 unions side to the IBA stand.

· IBA’s earlier offer of 6% on Pay slip Components made on 30th JULY 2018 should be enhanced substantially.

· Introduction of linkage of Pay with Return on Assets[ROA] and also on Operating Profit has been rejected in toto.

· The managements of SBI,BOB,PNB, UNION BANK AND INDIAN BANK should be prevailed upon by IBA as per the advice of CLC to revise their stand to cover all seven scales, as in the past.

6. It has been also made clear that there is every possibility of entering into confrontation mode because of the rigid approach of the IBA.

7. In the post lunch session, the adjourned meeting of the nine constituent unions commenced to transact the remaining issues for arriving at a decision. The representatives of INBOC and NCBE too expressed their organizational stand on merger of Banks. At the end, it was decided to escalate the resistance level in a gradual and sustained manner by the unions culminating in two days strike in the winter session of the Parliament.

8. In our assessment, struggles are the only available avenue to move forward to secure a reasonable wage hike, as the workforce collectively worked to give a substantial gross profit in the year ended 2017 and 2018.ONWARD

MARCH TO STRUGGLES AGAINST THE MERGERS ,
FRACTURED MANDATE AND
RESPECTABLE WAGE REVISION
LINKING TO RISK, RESPONSIBILITY,
ACCOUNTABILITY AND TRANSFERABILITY.

Yours comradely,
S.NAGARAJAN.
GENERAL SECRETARY

Source: AIBOA

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Insurance Backed Hospitalization Scheme – AIBOA

Sony — Wed, 24 Oct 2018 11:52:21 +0000

Insurance Backed Hospitalization Scheme

ALL INDIA BANK OFFICERS’ CONFEDERATION

ALL INDIA BANK OFFICERS’ ASSOCIATION

ALL INDIA BANK OFFICERS’ CONGRESS

NATIONAL ORGANISATION OF BANK OFFICERS

12.10.2018

The Chief Executive Officer
Indian Banks Association
World Trade Centre
Cuffe Parade
Mumbai

Sir,

REG : INSURANCE BACKED HOSPITALISATION SCHEME

We refer to the IBA’s Health Insurance Policy renewed by the member banks, as advised by you after negotiating with UIICL, for the year from 01.10.2018 to 30.09.2019. We understand that in the renewed policy, the insurance company has reduced the Room Rent / Bed Charges ceiling from Rs.5000/- to Rs.4000/- per day.

You will appreciate that the officers are eligible for the hospitalization facility in terms of the Joint Note dated 25.05.2015 signed between the IBA and the four Officers’ organizations. As per the said Joint Note, the officers are eligible for reimbursement of Room Rent / Bed charges upto Rs.5000/- per day, the natural sequel of which is the eligibility for the class of treatment attached to the eligible class of room.

It is true that in the meeting held on 14.09.2018 IBA had proposed to reduce the Room Rent ceiling from Rs.5000/- to Rs.4000/- per day, as IBA had felt that all other hospital charges are linked to room rent and if room rent eligibility is reduced to Rs.4000/- per day all other expenses relating to hospitalization would automatically reduce there by reducing the insurance claims and the claim ratio. We did not give any consent to the IBA’s proposal on that day.

Subsequently vide our letter dated 18.09.2018, all the four Officers’ Organizations informed you that the IBA’s proposal is not acceptable to us and we are not agreeable to any reduction in Room Rent / Bed Charges. Hence we are surprised that in spite of our said communication, IBA has gone ahead with reducing the Room Rent / Bed Charges ceiling from Rs.5000/- per day to Rs.4000/- per day for officers also.

You will appreciate that by reducing the Room Rent ceiling, you are not merely reducing the hospitalization bill but you are basically reducing the eligible class of treatment for the officers. Hence the reduction of Room Rent / Bed Charges ceiling to Rs.4000/- per day for officers is not acceptable to us.

As mentioned by us in the letter dated 18.09.2018, till 10th Bipartite settlement the officers were eligible for Room Rent / Bed Charges upto 125% of the eligibility of award staff and thus were eligible for higher class of treatment. In 10th Bipartite Settlement, the workman were made eligible for the Room Rent at par with the officers there by providing them the same class of treatment as applicable to the officers. The increase in the hospitalization bills, which is the reason given by IBA for suggesting reduction in room rent, may be due to the decision of IBA to provide medical facility to the workman at par with officers in 2015.

While we do not have any grouse against providing medical facility to the workman at par with the officers, you will appreciate that it is not fair on the part of IBA and the Banks now to reduce the eligible class of treatment for the officers because of the increasing hospitalization bills. Hence, we urge you to restore the Room Rent ceiling for officers to earlier limit of Rs.5000/- in terms of our Joint Note dated 25.05.2015.

Sir, as you are aware that the entire premium on the insurance policy of serving employees is paid by the bank and hence we had no reason to have any meeting with you to discuss on the increase/ decrease in premium by the insurance company for the serving employees, our main concern was to discuss the policy of the retirees. The main purpose of our meeting was to find out the ways and means to reduce the burden of premium on the retirees who are required to pay the insurance premium from out of the meager amount of pension received by them. In this connection, we had suggested that the premium should be composite and not segment wise i.e. the premium for the serving employees and the retirees should be the same and that the premium of the retirees should be borne by the bank in the same manner as the banks are reimbursing the medical expenses to the Ex MDs and Ex EDs. We had also made several other suggestions. But from your communication sent to the member banks on 09.10.2018 we find that except for our suggestion to provide flexibility in the insured amount, no concrete steps to make the health insurance affordable to the retirees and to reduce the burden on them seems to have been taken by the IBA.

We urge you to restore the Room Rent ceiling at Rs.5000/- per day to the officers in terms of the Joint Note dated 25.05.2015 and honor bilateralism.

Yours sincerely,

AIBOC – General Secretary

AIBOA – General Secretary

INBOC – General Secretary

NOBO – General Secretary

Source: AIBOA

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Unions Firmly Rejected The Proposal of IBA – AIBOA

Sony — Mon, 15 Oct 2018 16:37:02 +0000

Unions Firmly Rejected The Proposal of IBA – AIBOA

“Banking unions as they firmly rejected the proposal of IBA, lock, stock and barrel in the recent discussions held on 12th Oct,18 at Mumbai”

ALL INDIA BANK OFFICERS’ ASSOCIATION

CIRCULAR No.21/VII/2018

October 14, 2018

TO
ALL UNITS / STATE COMMITTEES

Comrades,

FALSE AND MALICIOUS PROPAGANDA
TO DEFAME THE BANK EMPLOYEES TU MOVEMENT
UNDER THE BANNER OF UFBU

Our attention has been drawn to a joint circular purported to have been issued by our organisation jointly with AIBEA. First up of all there is no meeting of 9 constituents of UFBU at Chennai today.

The contents are false, malicious and also to bring disrepute to banking unions as they firmly rejected the proposal of IBA, lock, stock and barrel in the recent discussions held on 12th Oct,18 at Mumbai. The release of the circular with the forged signatures of General Secretaries of AIBOA and AIBEA is squarely condemned.

Please don’t be misguided by the false news.

We are initiating appropriate steps to nab the culprit under the provisions of law applicable, as this mishap has to be nipped it in bud.

This is the danger in utilising technology beyond the required level.

Yours Comradely,
sd/-
S.NAGARAJAN.
GENERAL SECRETARY

Source: http://www.aiboa.org

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Bank Wage Revision: Small Committee Meeting on 18.8.2018

Sony — Sun, 19 Aug 2018 09:49:58 +0000

Bank Wage Revision: Small Committee Meeting held on 18.8.2018

ALL INDIA BANK OFFICERS’ ASSOCIATION

18th AUGUST SMALL COMMITTEE MEETING

ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC)
ALL INDIA BANK OFFICERS’ASSOCIATION (AIBOA)
INDIAN NATIONAL BANK OFFICERS’ CONGRESS (INBOC)
NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)

Camp: Mumbai

18th August, 2018

To
All Affiliates of AIBOC/AIBOA/INBOC/NOBO

Dear Comrades,

Small Committee Meeting held at Mumbai at IBA Office on 18/08/2018

A small committee meeting of Officers’Associations with IBA was held today at IBA Office, World Trade Centre, Cuffe Parade, Mumbai at 10-30 AM. The IBA team was led by Shri Prashant Kumar(DMD, SBI), Shri B. Ashok(GM, CBI), Shri Ujjwal Kumar(GM, UCO Bank), Shri LVR Prasad(GM, Canara Bank), Shri Raj Kiran Bhoir(GM, Bank of Maharashtra), Shri B Rajkumar(Dy C.E.O IBA)), Shri S.K. Kakkar(Sr. Vice President, HR & lR, IBA), Shri K.S. Chauhan, Advisor (HR & lR) and other officials of HR Dept. lBA. The four Officer organizations were represented by Com. Dilip Saha, Com Soumya Datta(AIBOC), Com S Nagarajan(AIBOA), Com K.K. Nair(INBOC) and Com. V Tikekar(NOBO) in the discussion.

On our charter of Demands containing both ” Monetary and Non- Monetary” issues, elaborate discussions were held. On matters of issues having linkage of financial bearings, no finality could be arrived at in this meeting. However, on certain issues, they have agreed to place the issues before HR Committee of IBA for appropriate finalization. The IBA has responded positively to our request for convening an exclusive meeting on “Discipline and Appeal Regulations”. On certain issues, notes are to be submitted by us within a time bound manner preferably in a week’s time. We shall provide updates on further development.

Yours comradely,

(DILIOP SAHA)

President

AIBOC

(SOUMYA DATTA)

General Secretary

AIBOC

(S NAGARAJAN)

General Secretary

AIBOA

(K K NAIR)

General Secretary

INBOC

(V.Tikekar)

General Secretary

NOBO

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

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