ALL INDIA BANK OFFICERS’ ASSOCIATION
A.K.Nayak Bhavan, 2nd Floor 14,
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Friday, April 24, 2015
Officers Unions and IBA sub group.
No circular has been issued by any of the unions.
AIBOC has posted a message in their site today.
other issues of officers at Mumbai
many issues including PQA, FPA, CAIIB Increment,
tax on perquisites, allowance for naxal affected areas, LFC etc,
Our concerns of structuring of pay scales were also shared and
discussed with the IBA,
The meeting was positive,
Next round of talks is expected to be held next week"
Tuesday, April 21, 2015
Prepare small banks for merger with large PSBs: Finance Ministry panel
Monday, April 20, 2015
"Our members are aware that MOU was signed on 23rd February, 2015, for the Xth Bipartite 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. ….
…..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.
……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.
Saturday, April 18, 2015
The Sub-Committee for discussion of Medical Reimbursement met
at 11.00 A.M. yesterday, 16th April 2015.
On introduction of Medical Insurance Scheme, UFBU forcefully put forward the apprehension of the employees and insisted that the same need to be addressed first before the present system of reimbursement of expenses is substituted.
IBA, while assuring that the same would be taken up with the TPA for acceptable solution, requested UFBU for a written note in the matter.
The issue is yet to be finalized.
Thereafter, full-fledged negotiations were held in the afternoon.
In this session, some understandings were arrived at on
Thursday, April 16, 2015
Today In the afternoon discussions on other
demands of workmen and officers were discussed.
Next week negotiating committee meeting will be held
and pay scales etc will be discussed.
Today morning IBA & UFBU meeting took place
wherein all details of proposed new medical reimbursement scheme
Scheme will be finalized shortly.
For retirees also we have asked iba to workout
a similar scheme.