DA for Bank Employees – IBA Circular issued on 3.8.2015 for Aug, Sep & Oct 2015

DA for Bank Employees – IBA Circular issued on 3.8.2015 for Aug, Sep & Oct 2015

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR&IR/76/D/2015-16/1159

August 3, 2015

All Members of the Association
(Designated Officers)

Dear Sirs,
Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2015 under X BPS/ Joint Note dated 25.5.2015

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

April, 2015  – 5843.43
May, 2015   – 5889.08
June, 2015  – 5957.56

The average CPI of the above is 5896. Consequently, Dearness Allowance payable to employees is for 364 slabs for the period August, September & October 2015 i.e. an increase of 27 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 August, September & October 2015 shall be 36.40% 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/-
Senior Vice President

PS : The DA Payable under IXth Bipartite Settlement/Joint Note dated 27.04.2010, is @ 114.75% (5896-2836=3060/4 i.e 765 slab @ 0.15% per slab).

Authority : www.iba.org.in

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Bank Employees Announce Strike on 24.6.2015

Bank Employees Announce Strike on 24.6.2015

The Public Sector Bank Employees Union has proposed a one-day strike on the 24th of this month, demanding the fulfillment of their various demands. The All India Bank Employees Union has expressed its support for the strike.

Since State Bank of India and all its other associate banks, including the State Bank of Bikaner and Jaipur, the State Bank of Travancore, and the State Bank of Hyderabad, come under the Public Sector Bank Employees Union, the one-day strike is very likely to cripple money transactions on the day of the protests.

Demands:

• De-link Associate Banks from SBI
• Do not curb trade union right of representation
• Vacate attacks on trade union in SBBJ
• Extend compassionate appointment scheme as per Government guidelines.
• Increase quantum of staff housing loan.
• Recruitment of sub staff and part time employees
• Resolve pending demands
• Do not impose SBI service condition and career progression in Associate Banks

Source: cgemployeesnews.in

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Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers

Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers

ALL INDIA PNB STAFF FEDERATION
(Affiliated to N.C.B.E.)

Central Office:
R-8/38 Raj Nagar
Ghaziabad (U.P.)
Ph. /Fax No: 0120-4136800 Mobile (G.S.): 9818562336
E-mail: aipnbsf@yahoo.co.in Website: www.aipnbsf.org

Camp Office:
Punjab National Bank
Preet Vihar, Delhi-92
Circular No. 11/2015

Dated: 20.05.2015

TO ALL MEMBERS

10th BIPARTITE SETTLEMENT AT A GLANCE PAYSLIP INCREASE 15% (Rs.2270 CRORE)
1. Pay Scales: With effect from 01.11.2012-

2. Stagnation Increments: 8 (Eight)
Sub-staff: 8×2 years;
Clerical: 5×3 years + 3×2 years

3. Dearness Allowance: 0.10% per slab of 4 points over 4440 points of CPI 1960 Base

4. PQP: Rs.410, 800, 1210, 1620, 2010

5. Special Pay: Clerical: SWO‘B’- 820, Head Cashier II- 1280, Special Assistant- 1930
Sub-staff: Armed Guard/Bills Collector- 390, Daftary- 560, Head Peon- 740
Driver- 2370, Electrician/AC Plant Helper- 2040, Head Messenger (IOB)- 1630

6. H.R.A.: Population 45 lacs & above- 10%, 12-45 lacs & Goa- 9%, Other Centres- 7.5%

7. FPP: Clerical: 1580, 1570, 1550/1450 (increment component- 1310)
Sub-Staff: 790, 780, 780/730 (Increment component- 655)

8. Transport Allowance: Upto 15th stage- Rs.425, 16th stage and above- Rs.470

9. Special Allowance (A New Allowance Introduced): 7.75% of Basic Pay + D.A. thereon

10. Medical Aid: Rs.2200 p.a.

11. Washing Allowance: Rs.150 p.m.

12. Cycle Allowance: Rs.100 p.m.

13. Dependent family Income Criteria: Income upto Rs 10,000 p.m.

The full Settlement is under preparation and will be signed on Monday, the 25th May, 2015. RBI has given its in principle clearance for implementing full holidays on 2nd & 4th Saturdays. Matter is being expedited with the Government now.

With Greetings,
Yours comradely,
(R.K.SHARMA)
GENERAL SECRETARY

Source: www.aipnbsf.org

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Bank Wage Revision 10th Bipartite : Scales finalized – RBI cleared holiday for 2nd & 4th Saturdays

Bank Wage Revision 10th Bipartite : Scales finalized – RBI cleared holiday for 2nd & 4th Saturdays

Bank Xth Bipartite : Scales finalized. RBI cleared holiday for 2nd & 4th Saturdays

Distribution Chart for 10th Bi-Partite Settlement Finalised:

Scales: Substaff- 9560 to 18545 + 8 Stagnation Increments (each after 2 years)

Clerical: 11765 to 31540 + 8th Stagnation Increments (1st to 5th- each after 3 years, 6th to 8th- each after 2 years)

8th Stagnation Increment w.e.f . 01.05.2015

D.A.: 0.10% Per Slab

HRA: 10%, 9% & 7.5%. Only 3 Areas will remain (Last 2 Areas will be clubbed)
(45 lacs and above: 10 % ; 12-45 lacs & Goa : 9 % ; other centres : 7.5 %)

Special Allowance: 7.75% of Basic Pay with DA

Transport Allowance: Upto 15th Stage of Scale- 425, 16th Stage & above- 470

Medical Aid: 2200
Officers’ scale is going to be finalized shortly today (20/05/15)

RBI has cleared the proposal of IBA to declare 2nd & 4th Saturdays as holidays. The clearance has been sent to the Government for approval.

The joint note likely to be signed very soon, Most probably on 25th May 2015. Be with us for more news soon !

Source: paycommissionupdate.blogspot.in

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Talks with IBA continues – Next meeting on 22.4.2015 – AIBEA Circular

UFBU MEET AND SUB COMMITTEE MEETINGS WITH IBA

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

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