:::::PSU bank employee unions withdraw strike call, settle wages ::::: ::::: AIBOC Congratulates Its Cadre For Settling at 15% Increase + 2 Saturdays Being Off :::::

Wednesday, May 20, 2015

X BIPARTITIE OTHER DETAILS

Basic Pay :

23700 to 85000.


Dearness Allowance: 

@0.10% per slab - as on date DA - 33.70%



Special Allowances : 

Upto Scale III @ 7.75% + DA 
Scale IV & V @ 10% +DA and 
scale VI and VII @ 11% +DA.

House Rent Allowance :
 @ 7, 8 and 9%.



City Compensatory Allowance : 

Lower CCA  - 3% subject to maximum of Rs.600/-
Higher CCA - 4% subject to maximum of Rs.870/-



Medical aid :

Upto Scale III - Rs.8000 
Above Scale III - Rs.9050.

Stagnation Increment: 

One additional increment for Scale II, Scale -III & Scale - IV.


X BI-PARTITE CHART WITH GREETINGS



Saturday, May 16, 2015

ENCASHMENT OF LEAVE ON COMPULSORY RETIREMENT PERMITTED

Circular No. 2015/23                                                                                                Dated: 15/05/2015

To All Affiliates/State Units/Members

Dear Comrades,

ENCASHMENT OF LEAVE ON COMPULSORY RETIREMENT PERMITTED

Our members are aware that a long pending issue of permitting encashment of leave on compulsorily retirement was raised by us in one of the Sub-Committee meeting held with IBA, last month, during the course of Salary revision talks. We had already advised through SMS, the decision of IBA for agreeing to the same.


We are pleased to inform that IBA has now issued a Circular No. HR & IR/76/H7/E9/755 dated 11.05.2015 on the captioned matter. The scanned copy of which is attached, and is self- explanatory. This is yet another victory of our Confederation in resolving one of the long pending issues.

We also wish to advise our members that many rounds of consultations and discussions have taken place with IBA to decide structure of scales. Being a technical issue, it requires taking into consideration many processes to avoid future anomalies and complications in fitments etc. Likewise implementation of Saturdays off as agreed by IBA, has to pass through many processes. We are endeavoring our best to address the anxieties of our members by putting in all efforts to settle all issues so that the Salary Negotiation gets concluded within the time frame of 90 days. 

With comradely greetings,


 Yours comradely,
     
(HARVINDER SINGH)
GENERAL SECRETARY

Wednesday, April 22, 2015

UFBU Meeting at Mumbai on 15th April, 2015 & Meeting with IBA on 16th April, 2015



ALL INDIA BANK OFFICERS’ CONFEDERATION

Circular No. 2015/20                                                                           Date: 18/04/2015


TO ALL AFFILIATES / STATE UNITS / MEMBERS                            

 Dear Comrades,

UFBU Meeting at Mumbai on 15th April, 2015 & Meeting with IBA on 16th April, 2015


Our members are aware that MOU was signed on 23rd February, 2015, for the XthBipartite Settlement in which an annual wage increase of 15% on pay slip components was offered by the IBA, which works out to Rs. 4725 crore along with the second and fourth Saturdays off in Banking Industry. The second meeting of the Sub Group on demands of Officers was held on 16.03.2015 with IBA. IBA called UFBU for another round of talks on 16.04.2015 and also the Sub Group of Officers for the next round of talks on the same day.

Tuesday, April 14, 2015

Monday, April 6, 2015

Changes in Placement of Asstt. General Managers in SMG Scale-V.

It has been decided by the Management to change the placements of the following Asstt. General Managers:

Changes in Placement of Asstt. General Managers in SMG Scale-V.

It has been decided by the Management to change the placements of the following Asstt. General Managers who are transferred from one Region to another Region or posted as Regional Managers: