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11th Bipartite Settlement Latest News 2019

February 4, 2019

11th Bipartite Settlement Latest News 2019

Bank wage Revision – Bipartite Talks with IBA on 1.2.2019
BIPARTITE TALKS WITH IBA

We reproduce here under the contents of another round of Bipartite Talks held today in Mumbai between IBA and our 5 Workman Unions, for information of all affiliates and members.
With revolutionary greetings,

Yours sincerely,
sd/-
(Sanjeev K.Bandlish)
General Secretary

“Another round of Bipartite Talks was held today in Mumbai between IBA and our 5 Workman Unions.

IBA was represented by Mr. Rakesh Sharma, (MD of IDBI Bank), Chairman of the Small Negotiating Committee, Mr. V G Kannan, Chief Executive, IBA, Mrs. Reeta Kaul, GM-HR, PNB, Mr. Iswar Chandra Mishra, GM-HR, Bank of India, Mr. B Rajkumar, Dy. Chief Executive, IBA, Mr. Sanjay Prakash DGM-HR, SBI, Mr S K Kakkar, Sr Advisor-HR, IBA and Mr. K. S Chauhan, Sr Vice President, IBA. We were represented by our five Workman Unions.

Read Also: Bank Employees Wage Revision – 11th BPS Wage Settlement – 11th Bipartite News 2019

Further to the discussions held on 18-1-2019, some more issues were discussed today.

Transportation of personal effects by train or road while on transfer from one station to another: Some improvements would be considered looking to entitlement of officers.

Increase in Breakage Allowance while on transportation of personal effects:
agreed to increase the existing entitlement by 10% for both With Receipt Basis and Declaration Basis.

Festival Advance to employees – increase in quantum: Agreed to finalise it by discussion in the main negotiating committee and recommend to the Government.

Problems of Ex-servicemen employees in fitment, etc: Governmentguidelines from the Finance Ministry are being implemented. Circular with FAQ will be prepared and sent to all Banks for proper implementation of the Government guidelines.

Definition of family for coverage under Group Medical Insurance Policy – Any two of parents or parents-in-law to be covered: Matter will be taken up with United India Insurance Company.

Privilege Leave taken on sick grounds where sick leave is exhausted should not be counted as an occasion in the entitlement of 4 occasions in an year: Agreed.

Maternity Leave can be availed in combination and continuation of other kinds of leave: Agreed.

Follow up action in issues covered by Record Note on retirees issues dated 25-5-2015:

LFC for retired employees – IBA is not in favour.

Fixing the premium on medical insurance scheme for retirees – Separate discussions will be held with UFBU.

Increase in Ex-Gratia Pension to pre-1986 retirees/spouses – will be recommended to Government.

Revision of Family Pension – will be discussed further in the full negotiating

committee.

Updation of pension and periodical revision in pension along with wage revision for in-service employees – will be discussed further in the full negotiating committee.

Revision in DA on pension on quarterly basis like serving employees – will be discussed further in the full negotiating committee.

Central Government Holiday List 2025 PDF

Allocation of fund for Staff Welfare Schemes based on Operating Profits instead of Net Profit – matter has been recommended to Government and their decision is awaited.

Issues relating to Disciplinary Action and Procedure:

These issues were discussed in a Small Committee of IBA and Workman Unions. The gist of the discussions, the issues raised by us and their response are given below:

Eligibility for claiming TA/DA by the Defence Representatives for attending departmental enquiries held outside the State.

Such claims will be sanctioned by Banks looking to the merits of the claims.

Improvement and enhancement in rates of Subsistence Allowance payable to employees on suspension.

Matter will be discussed further in the Full Negotiating Committee Indiscriminate use of Clause 5(j) relating to acts alleged as prejudicial to the interest of the Bank

“Doing any act prejudicial to the interest of the Bank” will be included
under Minor Misconduct as a new Clause 7(q).

Clarification with regard to provision of Clause 6(e) of Settlement dt 10-4-2002 i.e. bringing down by two stages in the scale of pay The specific period of rigour shall be mentioned in the punishment order.

It can be for a maximum of 2 years without cumulative effect and annual increment/stagnation increment falling due during the rigour period will be released on respective due dates.

Clarification to be given that acts of minor misconducts clearly enumerated under Clause 7 of Settlement dated 10.4.2002 should not be brought as major misconduct under Clause 5. Unions’ contention is agreed upon.

Multiple charges for one incident should not be made out. Multiple charges, as per the procedural lapses, can be made for one incident. However, punishment given shall be only one. Punishment order by the Disciplinary Authority not to be implemented till the final disposal of Appeal by the Appellate Authority. This proposal was not agreed to.

Disciplinary action should not be taken after retirement quoting Pension Regulation as the same is not provided in Bipartite Settlement.

Issue needs to be discussed at Full Negotiating Committee Awarding the punishment of stoppage of increments should be without affecting superannuation benefits, as in the case of Officers.

Disciplinary Authority may be given the discretion to decide whether the punishment will affect superannuation benefit or not.

Provision to be added for making an Appeal against suspension of employees Suspension is not a punishment and hence this proposal cannot be accepted.

In cased of dismissal as punishment, there should be a Review Authority after Appellate Authority. Not acceptable.

Imposing ‘Fine’ as punishment should be deleted from the list of punishments.

Agreed to recommend deletion to the Full Negotiating Committee

With greetings,

Yours comradely,
Sd/-
C H Venkatachalam
Gen. Secretary
AIBEA

Sd/-
S K Bandlish
Gen. Secretary
NCBE

Sd/-
C J Nandakumar
President
BEFI

Sd/-
Subhash Sawant
Gen. Secretary
INBEF

Sd/-
Upendrakumar
Gen. Secretary
NOBW

11th Bipartite News 2019

  • Bank DA Rate from May to July 2024 at 15.97% of pay for Workman and Officer Employees
  • Dearness Relief to Pre 1986 Bank Retirees from Feb 2024 to July 2024
  • 48.51% DA for Bank Employees from Feb 2024 to April 2024 Pay
  • 48.51% DA for Bank Employees from Nov 2023 to Jan 2024
  • Bank Employees Wage Negotiation between UFBU and IBA
  • 44.24% DA for Bank Employees from August to October 2023
  • Dearness Relief to Bank Pensioners for the period August 2023 to January 2024
  • Dearness Relief to Pre 1986 Bank Retirees from August 2023 to January 2024
  • 41.72% DA for Bank Employees from May to July 2023
  • Banks Remain Closed on All Saturdays – BEFI
  • Dearness Relief to Bank Pensioners for the period February 2023 to July 2023
  • Bank DA Rate from Feb 2023 to April 2023 at 41.16% for Workmen and Officer Employees
  • Dearness Relief to Bank Pensioners for the period August 2022 to January 2023
  • DA for Bank Employees from August 2022 to October 2022
  • DA for Bank Employees from May 2022 to July 2022
  • Dearness Relief to Bank Pensioners for the period February 2022 to July 2022 – IBA
  • DA for Bank Employees from February 2022 to April 2022
  • Dearness Allowance to Bank Employees from November 2021 to January 2022
  • Bank Employees Family Pension to be increased to 30% of last pay drawn
  • DA for Bank Employees from August 2021 to October 2021

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217.8% DA from July 2024 to CPSE Employees for 2007 Pay Scales

44.8% DA from July 2024 to CPSE Employees for 2017 Pay Scales

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