Financial Components of Wage Revision – ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA) Circular

Financial Components of Wage Revision – ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA) Circular

ALL INDIA BANK OFFICERS’ ASSOCIATION

Circular No.10/VI/2015

May 20,2015

Camp :Mumbai

All Units / State Committees

Dear Comrades,

· Understanding reached on financial components of wage revision.

· 7th Joint Note to be inked on 25th May 2015 at Mumbai Today, the penultimate round on the current wage revision was held at IBA Office, Cuffe Parade, Mumbai at 2.30 p.m. The IBA team was led by Shri Arun Tiwari, CMD, Union Bank, Shri Ashwini Mehra, DMD, SBI, Shri M. V. Tanksale, CEO, IBA, Shri K. Unnikrishnan, Dy. CEO, IBA, Shri K. S. Chauhan, Vice President, HR & IR, IBA besides the support team of IBA.

Preceding the discussions, there was a preliminary round in which Com. Alok Khare, Vice Chairman, besides the undersigned with the other organizational representatives participated in the exercise.

CEO, IBA while welcoming the representatives of the officers organisations expressed his happiness in the matter of reaching the understandings on distribution of the financial benefits to the officers based on the MOU inked on 23rd February 2015. He emphasized the need to protect and promote the public sector banks image in the eyes of the common man of the country. He also expressed the need to take forward the message of building a sense of belonging to the members of the officers community. Shri Arun Tiwari, CMD, UBI was categorical that the work force needs to be satisfied first through whom the image building and the involvement to build the public sector banks would become possible. Representatives of the four officers organisations responded positively to the observations and expressions made by the members of the IBA team. The agreed load was distributed amongst the pay slip components through mutual discussion and the chart of allocation was signed by the both the parties. The details are as under :

1. Basic Pay –

Scale I – 23700 – 980(7) – 30560 -1145(2)-32850-1310(7)-42020

Scale II – 31705-1145(1)-32850-1310(10)-45950

Scale III – 42020-1310(5)-48570-1460(2)-51490

Scale IV – 50030-1460(4)-55870-1650(2)-59170

Scale V – 59170 -1650(2)-62470-1800(2)-66070

Scale VI – 68680-1960(4)-76520

Scale VII – 76520-2120(4)-85000

2. Dearness Allowance – @0.10% per slab above CPI 4440 currently – 33.70%

3. Addl Stagnation increment – Scale II – 1, Scale III-1, Scale IV-1 (periodicity once in two years)

4. CCA – Higher Area 4% – 870, Lower Area 3% – 600

5. HRA – Major A class – 9%, Area I – 8%, other places -7%

6. Medical Aid – Scale I to III – Rs.8000, Scale IV and above – Rs. 9050

7. Special Allowance – Scale I to III – 7.75%, Iv & V – 10%, VI & VII – 11%

(it attracts Dearness Allowance)

The approval related to holidays on 2nd & 4th Saturdays is pending with Government Authorities for their approval and notification. Comrades, efforts are taken to give true reflection of the above in the joint note coupled with particulars related to other service conditions too. Various suggestions have been made by officers organizations to IBA on these matters.

We shall convey the full details of the joint notes once the same is finally inked on 25th May 2015 at Mumbai.

Comradely,

[s/d]

/S NAGARAJAN/

GENERAL SECRETARY

Source: AIOBA

AIBOA Pay & Arrears Calculator for Bank Officers

All India Bank Officers Association presents Pay & Arrears Calculator for Bank Officers

AIBOA has presented a new updated pay and arrears calculator for bank officers through on its official website. Please click here to download the Pay & Arrears Calculator

Joint Note to be signed between Officers Organisations and IBA

As soon as the the joint note is signed we shall up load the full text of the same.

In the meanwhile we furnish here under the HIGHLIGHTS of pay AND other details on which areas of agreement reached for information of members

HIGHLIGHTS

Basic Pay 23700 – 85000

DA @0.10% per slab [ As on date 33.70% ]

Special allowance

Up to Scale III @ 7.75% + DA

Scale IV and V 10% + DA

Scale Vi and VII 11% + DA

HRA @ 7 8 9 %

CCA @ 600 and 870 > 3% and 4% subject to maximum

Medical Aid 8000 up to Scale III & 9050 above ScIII

Stagnation Increment one Additional Increment for

Scale II III and IV

Source: AIBOA

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

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 SETTLEMNT 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

Dopt Orders - Request for Voluntary retirement from persons suffering from disability

Request for Voluntary retirement from persons suffering from disability – Dopt Orders

Request for Voluntary retirement from persons suffering from disability — Supreme Court Order in Bhagwan Dass & Anr Vs Punjab State Electricity Board, (2008) 1 SCC 579

G.I., Dept. of Per. & Trg., O.M.F.No.25012/1/2015-Estt (A-IV), dated 19.5.2015

Subject: Request for Voluntary retirement from persons suffering from disability — Supreme Court Order in Bhagwan Dass & Anr Vs Punjab State Electricity Board, (2008) 1 SCC 579.

The undersigned is directed say that vide Department of Personnel and Training’s OM No.18017/1/2014-Estt(L) dated the 25 th February, 2015, certain clarifications regarding treatment of leave and absence of disabled Government servants have been issued.

2. Instances have come to notice where Government servants apply for voluntary retirement under various provisions like Rules 38, Rule 48 and 48A of CCS (Pension) Rules, 1972 or Rule 56 of the Fundamental Rule on account of hardships faced by them due to a disability, as they are unaware of the protection provided by the Section 47 of the Persons with Disabilities (Equal Opportunities, Protection of justifys and Full Participation) Act, 1995 (PWD Act). Section 47 of the PwD Act, 1995 is reproduced below for reference:

“Non-discrimination in Government Employment — (1) No establishment shall dispense with, or reduce in rank, an employee who acquires a disability during his service.

Provided that, if an employee, after acquiring disability is not suitable for the post he was holding, could be shifted to some other post with the same pay scale and service benefits;

Provided further that if it is not possible to adjust the employee against any post, he may be kept on a supernumerary post until a suitable post is available or he attains the age of superannuation, whichever is earlier. No promotion shall be denied to a person merely on the ground of his disability;

Provided that the appropriate Government may, having regard to the type of work carried on in any establishment, by notification and subject to such conditions, if any, as may be specified in such notification, exempt any establishment from the provisions of this section”.

3. The issue had come up in Bhagwan Dass & Anr Vs Punjab State Electricity Board (2008) 1 SCC 579, decided by the Hon’ble Supreme Court where the employee who had during his service suffered from blindness, had applied for voluntary retirement. The Hon’ble Supreme court has observed that the Petitioner was not aware of any protection that the law afforded him and apparently believed that the blindness would cause him to lose his job, which was the source of livelihood of his family. In those circumstances, it was the duty of the superior officers to explain to him the correct legal position and to tell him about his legal justifys.

4. Keeping in view the provisions of the Section 47 of the PwD Act, 1995 and the above mentioned judgement, it has been decided that whenever a Government servant seeks voluntary retirement citing medical grounds, or when the said notice has been submitted due to a disability, the administrative authorities shall examine as to whether the case is covered under Section 47 of PWD Act, 1995. In case the provisions are applicable, the Government servant shall be advised that he/she has the option of continuing in service with the same pay scale and service benefits.

5. In case a disabled Government servant reconsiders his decision and withdraws the notice for voluntary retirement, his case shall be dealt with under the provisions of the Section 47 read with the Department of Personnel and Training OM dated 25th February, 2015, mentioned above. If however, in spite of being so advised, such Government servant still wishes to take voluntary retirement, the request may be processed as per the applicable rule.

6. All the Ministries and Departments are requested to keep the above in view while processing cases of requests for Voluntary retirement from disabled Government servants.

Hindi version follows.

sd/-

(Mukesh Chaturvedi)

Director

Authority: www.persmin.gov.in

Voluntary retirement from persons suffering from disability – Dopt Orders

Bank Xth 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