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
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