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General Secretary / Canara Bank
Officers’ Association affiliated to AIBOC writes,…
TO LEVY OR NOT TO LEVY
Few doubts in the minds of our
cadres and it is always the style of CBOA that the cadres’ doubts are
anticipated and be cleared too.
WHEN ARREARS WILL BE GIVEN?
As per the law of the land the
settlement for the officers is documented as “ JOINT NOTE” with IBA will be
brought in to effect after the amendment of the OFFICERS SERVICE REGULATIONS
which would normally takes long time………
IBA may advise the banks to
disburse immediately an ad-hoc amount, equivalent to the net arrears payable
for the period from 1st November 2012 to 31st May 2015 and continue to pay
revised salary and allowances on ad-hoc basis. IBA has agreed to make suitable
recommendations to the Government in this regard for its consideration.”
It could be interpreted that
the wage revision will come in to effect after it was duly passed by the
respective boards on receipt of instruction from the Govt. for doing so.
We shall pursue with our bank
to get it passed at the earliest so as to get the effect of the wage revision
at the earliest.
WHEN THE SATURDAYS HOLIDAYS WILL BE DECLARED?
…………………It could be understood
from the above the holiday issue is one of the agreed item and a part of the
joint note to be respected by both the parties.
As it is learnt that the IBA
got approval from the respective sponsoring banks of the RRBs, private banks
and cooperative banks and also the clearance from the RBI. Now, it is in the
hands of Govt. to be followed up by the IBA and in all probability it shall be
introduced very shortly.
WHAT ABOUT THE OFFICERS GETTING
LESSER NET PENSION AFTER THE WAGE SETHLEMENT?
It is clarified that the gross
pension has seen the sizeable increase during the post wage settlement. In view
of the 60% merger of the DA with basic now in this wage settlement, there is a
sizeable increase in the incremental commutation ranging anywhere between
additional Rs 4.00 to Rs.5.00 lacs, and there may be a reduction in net pension
after the additional commutation amount, but there is no decline in gross
To facilitate the retirees to
chose as per item no 8 of the joint note a “ note” is provided which goes as
“Note: Officers in service of
the Banks as on 1st November 2012 and who have retired thereafter but before
25th May 2015 and who had opted for commutation of pension will have an option
not to claim incremental commutation on revised basic pension.”
Nevertheless, the sentiments
were duly conveyed to our Apex body.
WHAT ACTION ON SOME ANOMALY
WITH REGARD TO ADDITIONAL STAGNATION INCREMENT?
In this regard General
secretary, AIBOC has already addressed a letter to IBA which goes as follows:
“We refer to the Joint Note
signed between IBA and Officers’ Association on 25.05.2015. The same provides
for an additional stagnation increment for the officers in Scale II who have
automatically moved to scale of pay of MMGS III and also for the officers in
substantive Scale III, two years after receipt of 3rd and 4th stagnation
increment respectively. The said provision has led to an anomaly, as explained
view of what has been stated above, we request you to kindly amend para 2 (C )
of Annexure 1 of the Joint Note by providing to the officers in substantive
MMGS III, the fourth and fifth stagnation increment of Rs.1460/- each for every
two completed years of service after receipt of third stagnation increment and
rectify the anomaly.”
We shall follow up with our
Apex body for rectifying the anomaly.
WHETHER LEVY WILL BE COLLECTED
AND IF SO, HOW MUCH?
Levy is an amount which is
collected by the respective organisations from their members after the wage
revision to meet the expenditures incurred during the agitational period and
also with a view to collect some lump sum amount to the organisation while the
members receiving some lump sum in the form of arrears.
The members also used to
contribute some amount uniformly as an expression of gratitude, involvement and
commitment towards their respective organisation.
As far as CBOA is concerned,
the amount which was collected as levy was totally converted as our own
buildings in Chennai, Trivandrum, Mangalore and kolkata. The buildings are
getting converted in to CBOA holiday homes to be used for our members and
CHENNAI, TRIVANDRUM and KOLKATA have already done their job and others are on
Regarding the collection of
during the current wage season, I would like to leave it to the wisdom of the
members to take a decision.
We are about 20000 members and
if we contribute about Rs. 2000 each on an average, we can accumulate about Rs.
4.00 crores which could be used for purchasing properties in ten places all
over the country, worth of Rs. 40 lacs per unit to be used as holiday homes for
the use of CBOA members.
As your General secretary- the
custodian of the CBOA funds, I am comfortable with the subscription with which
we are able to carry out the organisational activities without any hitch.
Meetings are conducted
throughout the country by all the regions
Regular branch visits are being
carried out by the Regional office bearers.
CLJMs are arranged
Promotion coaching classes are
Central level youth
conferences, leadership development programs and defence workshops are being
CC meetings and EC meetings are
organised in regular intervals.
The websites LIGHT CIRCLE,
FRIEND AND GUIDE AND CBOA are regularly being upgraded and uploaded.
Occasional publications are
Honorarium to the retirees is
being paid without any exception.
Benevolent claims are settled
in record time to the claimants.
Medical reimbursement to the
members are settled without fail.
No advance is allowed to be
outstanding on any of the office bearer beyond a week.
ABOVE ALL I AM HAVING
UNQUESTIONABLE FAITH AND CONFIDENCE ON EACH AND EVERY CBOA MEMBER THAT THEY
WOULD BE ALWAYS READY TO CONTRIBUTE ANY SUM AT ANY TIME INCASE OF ANY DISTRESS
TO THEIR BELOVED CBOA.
Thus I am leaving to all the
office bearers to ascertain the members’ wish in their operational area and I
am prepared to obey the directions of the members.
CBOA IS CARRYING OUT ITS
ACTIVITIES FOR THE MEMBERS AND BY THE MEMBERS. DEMOCRACY AND TRANSPARENCY ARE
THE PRIME TWO STRENGTHS OF CBOA.
MEMBERS ARE SUPREME AND LEVY
WILL NOT BE COLLECTED EVEN IF IT IS OBJECTED BY ONE MEMBER.
LEVY HAS ANOTHER MEANING – THE
ACT OF DRAFTING IN TO MILITARY SERVICE.
I WOULD RATHER INVITE ALL YOUR
MILITANT PARTICIPATION IN OUR MISSION OF BRINGING OUR BANK AS NO.1 IN THE
COUNTRY AND LEAVE A STRONG INSTITUTION TO OUR ASPIRING YOUTHS AS WE SENIORS
INHERITED FROM OUR ELDERS.