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.
UFBU decided to meet prior to meeting with IBA in
order to form unanimity on the scheme of Medical Insurance Policy. Accordingly,
United Forum of Bank Unions met at Mumbai on 15.04.2015 to discuss about the
proposed Medical Insurance Scheme in lieu of the scheme for reimbursement of
Hospitalisation expenses presently in vogue in Public Sector Banks and any
other issue on the present scenario.
While discussing about the Medical Insurance
Scheme, we reiterated our stand as was conveyed vide our Letter No. 2015/51
dated 07.04.2015 sent to IBA. On other issues, we requested all the
constituents of UFBU to take a common stand of loading 2% on basic pay and DA
as on 31.03.2012 as per the terms of MOU and not to compromise on anything
else. On this issue, a couple of constituents had a different view. We shall
try to convince them with our view and shall endeavour to ensure that our
interpretation of the MOU on this aspect of loading is demanded by the UFBU.
This interpretation is all the more necessary in view of the fact that there
are lot of constraints in construction of pay scales with a limit of 2% of
loading on basic pay and DA. We also made it very clear in the UFBU meeting
that we will not sign any agreement till the time the second and fourth Saturday
off in the Banking Industry is ensured or a firm commitment is signed by IBA in
this regard giving a time line for its implementation.
We also expressed our strong views about taking up
of the issues of retirees like 100% DA neutralization for retirees prior to
01.11.2001, updation of pension, revision in family pension and extension of
another option of pension to resignees and compulsorily retired who have been
excluded from the option of pension despite the clear understanding in the last
settlement. We also emphasized that group hospitalization insurance policy for
retirees should also be demanded from IBA.
MEETING WITH IBA ON 16.04.2015
The IBA Sub-Committee on hospitalization scheme
headed by Shri Arun Tiwari, Chairman of Union Bank of India met UFBU on
16.04.2015 at 11 a.m. in the committee room of IBA. Other members of the
committee were Shri M.V. Tanksale, CEO, IBA, Shri Shailesh Verma, Chief General
Manager, State Bank of India, Shri B.S.Shekhawat,
General Manager (HR), Central Bank of India, Shri K. Unnikrishnan, Dy.
CEO, IBA, Shri K.S. Chauhan, Senior Vice President of IBA and other officials.
The detailed discussion on the hospitalization scheme took place and after
threadbare discussion on all apprehensions and issues raised by us, IBA agreed
that:
1. All benefits available in
any Bank on hospitalization / domiciliary treatment over and above the scheme
under discussion shall continue.
2. Employees and officers
will not deal either with the insurance company or TPA and they will continue
to deal with the Bank as per the practice in vogue.
3. There will not be any
ceiling on reimbursement under the hospitalization scheme except for those
which are mentioned in the insurance policy document provided to us by the IBA
(circulated by us to all Affiliates). Suggestion of our Confederation for
getting the Mediclaim Policy vetted from some renowned TPA was
appreciated and agreed by the IBA in the interest of all.
SUB-GROUP MEETING WITH OFFICERS
The meeting of the Sub-group headed by Shri Ashwani
Kumar, Chairman and Managing Director, Dena Bank was held at 4 p.m. on
16.04.2015 in the committee room of IBA. Smt. Indira Padmani, General
Manager, Indian Overseas Bank, Sh. B.S. Shekhawat, General Manager, Central
Bank of India, Shri M.V. Tanksale, CEO, IBA, Shri K.S. Chauhan, Senior Vice
President of IBA and other officials of IBA represented IBA. Our organization
was represented by Com.
Y. Sudarshan, President and the undersigned. One representative each from other
three Officers’ Organisations was also present.
The issues of officers working conditions and
allowances (officiating allowance, deputation allowance, special area
allowance, reimbursement of expenses on transfer and many other important
issues) were discussed. The need for regulated working hours / compensation
till the time the demand is materialized was also discussed with a thrust. The
meeting could not be concluded as there were certain other issues which
required further discussions. Therefore, we demanded one more round of talks,
to which IBA agreed. We also discussed the following issues with IBA.
1. IBA should give us the
new pay structure immediately and pay scales so drawn should be discussed with
us within reasonable time.
2. The issue of second and
fourth Saturday to be holiday in a month, which was agreed by IBA with UFBU,
should be implemented immediately before signing the joint note.
3. Discussion was made with
the IBA to demand extension of one more option for pension to all those who
resigned on completion of 20 years of service and compulsorily retired since
the cost of second option of pension includes the cost of extending this
benefit to these categories of officers as well.
4. With regard to the
retirees’ issues, it has been decided to take up with IBA:
a) Updation of pension as
per regulation 35(1) of the Pension Regulations 1995 since updation of pension
is in-built in pension regulation and IBA should give necessary instruction to
all the banks to implement the same,
b) Extending DA neutralization for
those pensioners who retired before 01.11.2002 and to improve family pension at
par with the government pensioners.
5. We have decided to request
IBA to extend the benefit of Mediclaim Policy to the retirees also. The
modalities of the policy and payment of premium shall be worked out separately,
since Mediclaim Policy is the need of the hour for the retirees.
We are pleased to inform you that the next round of
talks with the IBA tentatively will be held on 22.04.2015 at Mumbai. We shall
keep our members informed of the developments.
With comradely greetings,
Comradely yours,
HARVINDER SINGH
GENERAL SECRETARY
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