c/o Singapore Plaza, 164, Linghi Chetty Street, Chennai Reg: Revision of wages and service conditions of bank employees

Similar documents
CIRCULAR NO.35 7 TH JUNE 2017

CANARA BANK (OFFICERS ) SERVICE REGULATIONS, 1979

PUNJAB NATIONAL BANK HUMAN RESOURCES DEVELOPMENT DIVISION HEAD OFFICE : NEW DELHI TEL , FAX

UFBU /2018/STRIKE NOTICE 10 th May, 2018 FORM 1 NOTICE OF STRIKE NAME OF UNIONS : UNITED FORUM OF BANK UNIONS (U.F.B.U.

CIRCULAR NO.39 DATE: TO ALL OUR AFFILIATES/MEMBERS: STRIKE NOTICE

TO ALL OFFICES DATE: HRD Department Circular No. 37/2015

ALL INDIA INSURANCE EMPLOYEES ASSOCIATION HYDERABAD

UCO BANK (OFFICERS ) SERVICE REGULATIONS, 1979 (Updated upto )

BANK OF BARODA (OFFICERS ) SERVICE REGULATIONS, Regulation 1 Short Title and Commencement:

NATIONAL STRIKE ON

e-circular P&HRD. Sl. No. : 105/ Circular No. : CDO/P&HRD-IR/18/ Thursday, July 07,

(Under Section 2(p) and Section 18(1) of the Industrial Disputes Act, 1947 read with Rule 58 of the Industrial Disputes (Central) Rules,1957)

46 Banks which are listed in Schedule I to this Memorandum of Settlement and their workmen. AIBEA

KARNATAKA STATE FIFTH PAY COMMISSION QUESTIONNAIRE PART-A GENERAL PRINCIPLES

LIFE INSURANCE CORPORATION OF INDIA CLASS-I OFFICERS (REVISION OF TERMS AND CONDITIONS OF SERVICE) RULES, 1985

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3, SUB-SECTION (ii)]

LIFE INSURANCE CORPORATION OF INDIA DEVELOPMENT OFFICERS (REVISION OF TERMS AND CONDITIONS OF SERVICE) RULES, 1986*

8th Bipartite Settlement

PAYMENT OF GRATUITY PAYMENT OF GRATUITY UNDER GRATUITY ACT, 1972 (BOTH WORKMEN & OFFICERS):

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3, SUB-SECTION (ii)]

LIFE INSURANCE CORPORATION OF INDIA DEVELOPMENT OFFICERS (REVISION OF TERMS AND CONDITIONS OF SERVICE) RULES, 1986*

SUPERANNUATION BENEFITS

LIFE INSURANCE CORPORATION OF INDIA CLASS III AND CLASS IV EMPLOYEES (REVISION OF TERMS AND CONDITIONS OF SERVICE) RULES, 1985*

ALL INDIA BANK OFFICERS CONFEDERATION

GOVERNMENT OF WEST BENGAL Finance Department Audit Branch No. : 7220-F Kolkata, the 23 rd July, 2009.

ecircular All branches and offices of State Bank of India Madam/ Dear Sir,

No. 36/GEN/DOP Dated N O T I F I C A T I O N

Audit perspective.. The Payment of Bonus Act,1965. The Employees State Insurance Act,1948. The Employee Provident Fund Act,1952

APPLICATION FOR ALLOTMENT OF ROOMS IN THE HOLIDAY HOME AT

NATIONAL ORGANISATION OF BANK WORKERS

DEARNESS ALLOW FORMULA IN BANKS ALL INDIA CONSUMER PRICE INDEX FROM 1970 ALL INDIA BANK EMPLOYEES ASSOCIATION

FOLLOWING RECOMMENDATIONS OF THE OFFICIAL COMMITTEE WILL BE IMPLEMENTED

Remuneration [Sec 2 (78)]

GRADATION, CATEGORISATION & FITMENT

ALL INDIA BANK OFFICERS CONFEDERATION

Memoranda of Settlement. Management of Certain Banks (represented by Indian Banks' Association)

Grams: PORTRUST FAX: , STD: 0891 Phone: Visakhapatnam (Andhra Pradesh) vizagport.com

Leave rules for Bank Officers and Employees

To: All Affiliates, Office Bearers & Central Committee Members. Yours Sincerely, Encl: Annexure 2 - Option Format (S.V.SRINIVASAN) GENERAL SECRETARY

Sub : Post Retirement Medical Benefit Scheme for Employees of MSTC Ltd.

AIBEA MEMORANDUM OF SETTLEMENT SEVENTH BIPARTITE SETTLEMENT ON WAGE REVISION AND OTHER SERVICE CONDITIONS

For a greener planet, please don't print this unless necessary. Strike by 10 lakh bankers to hit operations on Friday

A) Renewal premium for IBA Group Mediclaim Policy Without OPD (Without Domiciliary Cover) for Rs.3,00,000 Rs.10,452/- Rs.1881/- Rs.

Policy on Deputation Abroad (for stay abroad beyond 15 days)

Government of West Bengal Finance Department Audit Branch. No. : F(P) Kolkata, the 25 th November, 2009 MEMORANDUM

Estd AUGUST, For a greener planet, please don't print this unless necessary. Bank Employees to observe All India Strike on Sep 2

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION. CIVIL APPEAL NOS OF 2018 (Arising out of SLP(Civil) Nos.

SALARY INCOME (Sec15,16 & 17)

Date: 18 th November 2010

ecircular Department: P&HRD Sl.No.: 1326/ Circular No.: CDO/P^HRD PPFG/70/ Date: Tue 1 Jan 2019

POST RETIREMENT BENEFITS and NPS. N B Tripath GM (Finance) NALC

AIBEA MEMORANDUM OF SETTLEMENT. regarding Wage Revision and Changes in other Service Conditions. Sixth Bipartite Settlement

GUIDELINES FOR POST RETIREMENT MEDICAL SCHEME (PRMS) OF NTC EMPLOYEES

e-circular P&HRD. Sl. No. : 81/ Circular No. : CDO/P&HRD-PPFG/6/ Tuesday,April 18, Chaitra 1938 (S).

1.Renewal Rate: The revised rates of premium quoted by UIICL are as under: Without Domiciliary Cover

LEAVE POLICY. To define the procedure, entitlements & guidelines for officers to avail leave.

For all members including Sub-staff :

Salary Mock Test 3 IGP-CS CA Vivek Gaba

Summary of main recommendations

THE NEW INDIA ASSURANCE CO. LTD. MEDICLAIM 2012 POLICY- PROSPECTUS

Any Income accounted Properly Is an income received Properly

SECURITIES AND EXCHANGE BOARD OF INDIA

Karnataka Posts and Telecommunications Pensioners Association 165, 4 th Main, 3 rd Block, 3 rd Stage, Basaveshwaranagar, Bangalore

Dated: Shimla , the 14 th October,2009 OFFICE MEMORANDUM

Schemes->Margin Money Scheme of Khadi & Village Industries Commission (KVIC) MARGIN MONEY SCHEME OF KHADI & VILLAGE INDUSTRIES COMMISSION (KVIC)

August 26, This option for absorption in MTNL/BSNL is being called from the following officers of ITS, TTS and TFS:-

3 rd Pay Revision Committee - Recommendations

Income From Salaries

REPORT ON THE WORKING OF THE MATERNITY BENEFIT ACT, 1961 FOR THE YEAR 2010

PF & PENSION FUND DEPTT. CIRCULAR NO. 04/2018

Our Ref: 40:2013 July 13, To: All Affiliates, Office Bearers and Central Committee Members

FILM AND TELEVISION INSTITUTE OF INDIA PUNE SERVICE BYE-LAWS CHAPTER I - PRELIMINARY

MANAGERIAL REMUNERATION SECTION AND SCHEDUL V- ANALYSIS

Oracle Financial Services Software Limited

No.NB.DoR.ST Policy / 600 / A-1( Gen)(RP) / Circular No. / DoR - / June The Managing Director All State Cooperative Banks

AIRPORTS AUTHORITY OF INDIA RAJIV GANDHI BHAWAN SAFDARJUNG AIRPORT NEW DELHI

ALL INDIA BANK OFFICERS CONFEDERATION

KARNATAKA STATE ROAD TRANPORT CORPORATION SHANTHI NAGAR:: BANGALORE. Employees (Medical Attendance) Regulation 1970

i. Retiring Pension. ii. Suprannuation Pension. iii. Compensation Pension. iv. Invalid Pension.

Flexi Compensation Structure Guidelines: FY (Band 4 & above)

INDIAN RAILWAYS TECHNICAL SUPERVISORS ASSOCIATION (Estd. 1965, Regd. No.1329, Website )

SALARY HEAD SUMMARY NOTES

... (Please leave one blank box between two words) 2. Permanent Account Number (PAN) of the person (see instructions)

EXPORT OF GOODS AND SOFTWARE REALISATION AND REPATRIATION OF EXPORT PROCEEDS LIBERALISATION

COMPENDIUM OF BENEFITS AVAILABLE TO KVB EMPLOYEES

Annexure - II. Benefits available to Tamil Nadu government employees. Revised pay scales with grade pay

KARNATAKA STATE ROAD TRANSPORT CORPORATION CENTRAL OFFICES : BANGALORE. No. KST:CO:RCT:RULES: 58 :78-79 Date:

Government of West Bengal Department of Higher Education Appointment Branch Bikash Bhavan, Salt Lake, Kolkata

Pension Related Circulars/ Orders

NOTICE. 4) To consider and pass with or without modification, the following Resolution as an ORDINARY RESOLUTION:

ANIIDCO LTD. Terms & Conditions for Appointment as Internal Auditor

Government of Karnataka THE KARNATAKA CIVIL SERVICES (REVISED PAY) RULES 2007 AND RELATED ORDERS

TRANSFER / TRAVELLILNG/ HALTING ALLOWANCE ETC. ON PERMANENT TRANSFER

Attested by Gr-A officer of that Departmen.

RECRUITMENT OF EXPERIENCED PROFESSIONALS (HRD/Rectt./Advt./ /05) Fire & Safety Officer

Banking News. For a greener planet, please don't print this unless necessary. Estd JULY, 2016

ORDINARY BUSINESS Adoption of Annual Accounts Payment of Final Dividend Re-appointment of Mr. Karan Thapar as a Director

Cabinet Approves Recommendations of the 7th CPC on Allowances

Brief note on applicable deductions under the Income Tax Act and Rules

Advertisement No.03/ ADVERTISEMENT FOR ENGAGEMENT OF RETIRED EMPLOYEES ON CONTRACT BASIS

Transcription:

ALL INDIA BANK EMPLOYEES ASSOCIATION NATIONAL CONFEDERATION OF BANK EMPLOYEES BANK EMPLOYEES FEDERATION OF INDIA INDIAN NATIONAL BANK EMPLOYEES FEDERATION NATIONAL ORGANISATION OF BANK WORKERS c/o Singapore Plaza, 164, Linghi Chetty Street, Chennai-600001 To Chairman Indian Banks Association Mumbai Sir, Phone : 2535 1522, 6543 1566 Fax: 2535 8853, 45001 2191 E Mail: ufbu2007@gmail.com 29 th October, 2007 Reg: Revision of wages and service conditions of bank employees You are aware that the 8 th Bipartite Settlement on wages and service conditions of employees will get expired on 31-10-2007 and the need has arisen to revise the same having regard to the all-round increase in the cost of living, erosion in the wages of the employees on account of spiraling price rise, increased workload on the employees, contributions of the employees in improving the business of the Banks, etc. Accordingly we submit herewith a common charter of demands on behalf of our five organizations for revision of wages and service conditions and urge upon the IBA to initiate negotiations with the Unions to finalise the Settlement at the earliest. Thanking you, Yours faithfully, Sd. C.H. VENKATACHALAM GENERAL SECRETARY AIBEA Sd.. V.K. GUPTA GENERAL SECRETARY NCBE Sd.. sd.. sd.. PRADIP BISWAS SUBHASH S. SAWANT ASHWANI RANA GENERAL SECRETARY GENERAL SECRETARY GENERAL SECRETARY BEFI INBEF NOBW Encl: Common Charter of Demands

ALL INDIA BANK EMPLOYEES ASSOCIATION ( AIBEA) NATIONAL CONFEDERATION OF BANK EMPLOYEES ( NCBE ) BANK EMPLOYEES FEDERATION OF INDIA ( BEFI ) INDIAN NATIONAL BANK EMPLOYEES FEDERATION ( INBEF ) NATIONAL ORGANISATION OF BANK WORKERS ( NOBW ) COMMON CHARTER OF DEMANDS FOR 9TH BIPARTITE SETTLEMENT ON REVISION OF WAGES AND SERVICE CONDITIONS OF BANK EMPLOYEES 1. BASIC PAY : - a) Increase / Revision of Basic Pay by merger of D.A. payable at average Index for the Quarter July-September 2007. b) After Merger new Pay Scales to be arrived at by adding 40% to Clerical Staff and 45% to Subordinate staff. c) 10 Stagnation increments - once in 2 years for both Clerical & Subordinate Staff. d) Fitment on Stage to Stage basis. 2. DEARNESS ALLOWANCE : - a) Same D.A. formula to continue. 3. HOUSE RENT ALLOWANCE : - a) H R A to be paid at the same rate on the revised Pay b) Introduction of Leased Accommodation to employees. c) Payment of HRA on Capital Cost / Rent receipt basis upto 150% of normal entitlement. d) Where accommodation is provided by Bank to employees residing in bank's Quarters / Project Areas no recovery to be done from salary. Difference in HRA after reducing the standard rent should be paid to such employees. e) Payment of HRA in branches in SEZ/NEZ/EPZ to be made at par with Project Areas.

4. CITY COMPENSATORY ALLOWANCE : - a) Same percentage of CCA on revised Basic Pay. b) Revised ceiling of minimum and maximum on CCA c) Definition of CCA Centres: i) Higher centers : 10 Lacs and above + Goa ii) Lower Centers : 2 Lacs + State Capitals, Chandigarh, Port Blair, Pondicherry 5. SPECIAL PAY : - a) Same Increase as Basic Pay b) EQP/PQP/FPP to be revised on the same basis c) Substaff Additional increment for additional qualifications 6. TRANSPORT ALLOWANCE : - a) To be increased to Rs. 1000 per month Or b) Reimbursement of Petrol cost upto 25 ltrs. Per month 7. MEDICAL AID & HOSPITALIZATION : - a) Increase in Annual Medical Aid to Rs. 3000 b) Improvements in Hospitalisation Expenses Reimbursement Scheme. b) 'Family' definition to be enlarged. c) Increase in income limit to determine dependency. d) 100% reimbursement of actual expenses to employees & family members. e) Enlargement of treatments covered under Domiciliary

treatment. f) Coverage of new treatments wherein surgery is done without admission as in-patient. g) All recognised Alternative Medicine streams to be covered h) Revision / enlargement under Package charges scheme. i) All pathological investigation tests as prescribed by the Doctor/Hospital to be covered for reimbursement. 8 LEAVE FARE CONCESSION : - a) Liberalisation / Improvements in Class of Travel, Mode of Travel, Distance, Periodicity, option of blocks, etc. b) In case of employees working in North Eastern States, Jammu & Kashmir, Himachal Pradesh, Andaman / Nicobar and Lakshwadeep Islands, Air Fare upto the main Land Airports to be reimbursed additionally. c) Income criteria for dependents to be suitably revised. 9 LEAVE RULES : - a) Improvements in Leave Rules, conditions, etc. b) Special sick leave to women employees for specific gynecological ailments / treatments within overall entitlement of maternity leave 10 OTHER ALLOWANCES :- a) Adequate increase of all existing allowances and improvements and additions. 11. LOANS & ADVANCES : - Improvement to quantum of Staff Housing loan / Vehicle Loan and reduction in rate of interest and increase in Festival Advance.

12. SUPERANNUATION BENEFITS: I) PF at 12% of Pay and DA II) Gratuity at 1 month pay for each completed year of service Max. 30 months III) IV) Updation of Pension of past retirees and improvements in Pension scheme Extension of para 368 of Sastry Award to pension optees. 13. PART TIME EMPLOYEES : - a) All part-time employees on consolidated wages to be appointed on Scale Wages. b) Reimbursement of Hospitalization expenses and LFC at par with full time employees. c) Scheme for elevation to full time. d) Pension to be paid on total service and not on pro rata 14. DISCIPLINARY ACTION AND PROCEDURE: a) Improvement in Subsistence Allowance b) Punishments not to be implemented until disposal of appeal. c) Deletion of certain clauses of settlement 10.4.2002 which are being misused. 15. SPECIAL PROVISION FOR NORTH EASTERN STATES, LADAK, LEH AND OTHER AREAS : - Improvements in Special Area Allowance payable in North Eastern States and other difficult areas to be at par with Central Government employees. 16. OTHER DEMANDS : -

a) No contract labour to be engaged. b) No outsourcing of Banks' regular, routine, permanent jobs. a) Regularization of all temporary/casual/outsourced and contractual employees. 17. Deletion of para 522(1) of Sastry Award. Modification of para 535 and 536 of the Sastry Award. 18. Extending Medical Aid and LFC to retired employees. 19. Introduction of 5 Day Week 20. Allocation for Staff Welfare Schemes should be increased to 5% of Net Profit and without any upper ceiling 21. Introduction of intra-cadre career progression scheme for clerical and substaff. DATE OF EFFECT :- 1st November, 2007. GENERAL :- Unions reserves the right to alter, amend, delete and add to the above demands.