IBA Clarification on Paternity Leave, Encashment on LFC, Re-fixation of Pay and Special Allowance
ALL INDIA BANK EMPLOYEES’ ASSOCIATION
Singapore Plaza, 164, Linghi Chetty Street, Chennai – 600001
CIRCULAR No.27/120/2015/31
To
ALL UNITS AND MEMBERS:
27th July, 2015
Dear Comrades,
We reproduce hereunder the IBA’s Circular No.1120 dated 25-7-2015
providing clarification on the following issues referred to them.
1. Paternity Leave of 15 days can be availed by the employees within 6 months
even if the date of delivery of the child was before 1-6-2015.
2.
No leave is required to be taken for the purpose of encashment on LFC.
3. For
Re-fixation of Pay for Ex-servicemen employees joined/joining the Banks on and from 1-11-2012,
Special Allowance of 7.75% + DA will not be reckoned/included.
4.
Special Allowance of 7.75 % + DA thereon will be included for encashment of PL on LFC/retirement.
5. Benefit of advancement of stagnation increment by one or two years
for those who passed JAIIB/CAIIB/Graduation after reaching 19th/20th
Stage shall be
effective from 1st November, 2012.
With greetings,
Yours comradely,
sd/-
C.H.VENKATCHALAM
GENERAL SECRETARY
IBA CIRCULAR
HR & Industrial Relations
No.CIR/HR&IR/2015-16/XBPS/1120
July 25, 2015
Designated Officers of Member Banks which are parties to the BPS
Dear Sir/Madam,
X BP SETTLEMENT – CLARIFICATIONS
1.
Paternity Leave:
Clause 32 of the X Bipartite Settlement provides the benefit of
Paternity Leave w.e.f. 1.6.2015 to male employees with less than two
surviving children for 15 days during his wife’s confinement and may be
combined with any other kind of leave except Casual Leave. The leave may
be availed upto 15 days before or upto 6 months from the date of
delivery of the child.
Clarifications: The leave may be granted to an
employee even where the date of delivery of the child was prior to
1.6.2015, provided, however, that the leave is availed within six months
from the date of delivery. Further, the leave shall be sanctioned 15
days before the delivery or up to 6 months after the delivery.
2.
Leave Fare Concession:
Clause 19 (iv) of IX Bipartite Settlement dated 27.4.2010 provided that
an employee encashing the facility of Leave Fare Concession shall
proceed on leave for a
minimum period of one day.
Clarifications: Clause 19 (iv) of X Bipartite
Settlement dated 25.5.2015 does not have this provision and hence with
effect from 1.6.2015, employees may be allowed the facility of encashing
of Leave Fare Concession without the requirement of availing Leave for
this purpose.
3.
Treatment of Special Allowance for fixation of Pay for Ex-Servicemen re-employed in Banks: Under
Clause 9 of the X BPS, Special Allowance at the rate of 7.75% of the
Basic Pay with applicable DA thereon will be paid w.e.f. 1.11.2012.
Clarification: Queries have been received as to
whether the same is to be reckoned for the purpose of encashment of PL
on LFC/retirement, Overtime, and while pay fixation of Exservicemen
joined the service of the Banks on or after 1.11.2012. It is clarified
that the Special Allowance is to be reckoned at the time of PL
encashment on LFC/retirement, the same shall not be reckoned for the
purpose of fixation of pay of Ex-servicemen who are remployed in Banks
on or after 1.11.2012.
4.
Adjustment/advancement of stagnation increment to employees who acquire JAIIB/CAIIB/ Graduation: Clause
11 of X BPS dated 25.5.2015 provides that in case where the
non-subordinate employees as on the date of this Settlement, has already
acquired JAIIB (Part-I) or CAIIB (Part-II)/ Graduation after reaching
maximum of the scale of Pay (in case of JAIIB/ CAIIB/ Graduation) or
after reaching 19TH stage of scale of Pay (in case of CAIIB/Graduation),
and has not earned increment(s), otherwise entitled on account of
acquiring such qualification, when there were no increments to provide
in the scale of pay of those employees, the stagnation increment in such
cases may be advanced by one year or two years as the case may be.
Clarification: Non-subordinate employees who
acquires such qualification after reaching the 19th or 20th stagnation,
their next immediate stagnation increment may be advanced accordingly by
one/two years as the case maybe, w.e.f. 1.11.2012 or the actual date of
such advancement whichever is later.
Member banks may please be guided as above.
Yours faithfully,
sd/-
K Unnikrishnan
Deputy Chief Executive
Source:
www.aibea.in
