Monday, July 30, 2018

*11th BIPARTITE  TALKS*
Today, on Monday the 30th July, 2018 talks regarding 11th Bipartite Settlement were held between IBA and UFBU at IBA office, Mumbai at 11.30 am.

After the full Negotiating Committee Meeting on 5th May, 2018, when IBA made an offer for 2% hike on Pay Slip,
Negotiating Committee met for first time after almost three months' gap.

IBA Chairman made an offer for 6% hike on salary slip.
The offer was declined by UFBU as it did not satisfy our expectations.

*Other Points Discussed*
1. We wanted salary negotiations to be held upto G.M. level as was practice during earlier settlements. But IBA firmly declined this demand. Negotiations to be held only upto Scale III.

2. Last sub-committee meeting on Medical Insurance Scheme was held on 16.05.2018. Today on behalf of Insurance Co.,
IBA proposed hike in annual premiums as under :--

*In Service Employees : 30% hike in premium is proposed.*
*For Retired Employees :  with Domiciliary Treatment Policy hike of 144% is proposed  The hike for without Domiciliary Treatment is proposed at 110%.*

3.  During 10th Bipartite 2nd & 4th Saturdays were declared as Holidays. UFBU demanded that all Saturdays and Sundays should be Holidays. IBA promised to come back after discussing the issue with stake holders.

4. About demand of increase in Family Pension, IBA asked us to give our logic and calculations in writing.

5. For having necessary infrastructure to deal with Medical Insurance Co.’s, next meeting between IBA and UFBU is scheduled on 8th August 2018.

6.  After proposed hike in Medical Insurance Premiums, Banks are requested to deliver letters accepting continuation with present scheme. *They have an option to go back on old Medical Bill Reimbursement Scheme of their own.*
 For this purpose meeting between BANKS and IBA is fixed on 4th August 2018.

7. Legal Cases of Frauds in which Bank officials and lower level personnel is subjected to Police/CBI enquiries and actions, are to be decided by respective Bank Managements and their Boards. IBA asked Unions to take up this issue with respective Bank Boards.

8. *Next round of talks on 11th Bipartite may tentatively be held on 27th/28th August 2018.* Before that Medical Insurance Sub-Committee will meet on 8th August 2018.

9. On 18th August 2018 separate sub-committees for Workmen and Officers will meet separately.
Let us hope for better on 27/28th August 2018, during next round.

*****************
*Wage Revision  talks Today 30.07.2018*
*IBA offer has been increased to 6% from 2% earlier.*
*UFBU not agreed to this.*
*Date for further meeting fixed.*
*Circular follows.*

37 comments:

Ronald gupta said...

Meeting me baijjati k liye jata h ufbu.

Anonymous said...

IBA is insulting Bankers Inthe name of settlement.IBA also eating earnings of banks should do settlement atleat 25-30,% or resign from IBA chairmanship.

Unknown said...

Next date of eating/meeting Kya hai

Unknown said...

Bakwas

Unknown said...

Now Indefinite strike

Unknown said...

Indefinite strike karni chahiye

Anonymous said...

Indefinite strike pe jao kyonki ye ek do din ke strike se kuch nahi hoga. Ye strike ka effect kam karne ke liye pahle se ready ho jaate hain. Kisto me Pay mat katwao ek baar me indefinite strike ka booster dose do.

Unknown said...

Chai samosa khao aur bhul jao 2020 ke bad karwana setelment union members

Unknown said...

Union chahte hain ek ya do din se SIP hoga... Indifinite Strike ya CPC mein ho jaye

Anonymous said...

Bakwas meetings

Pratik said...

Bas chutiya banaya ja raha.

Dhansay Ram Nagesia said...

मीटिंग पे मीटिंग ये क्या बकवास है । IBA के सामने UFBU की ओकात मालूम पड़ गई ।

Unknown said...

In chutiyo netayo ko last maar ke bahar Karna chahiye..PAY COMMISSION IS ONLY SOLUTION...DEMAND ONLY THat..nahi to har baat ki tarah wise he chutiya bante rahange...

Unknown said...

Nautanki chal raha hai.Why not ufbu told in the table for indefinite strike. ufbu ne iba se paisa kha ke time pass kar raha hai.

Anonymous said...

In union leaders k ghar pe raid pdni chahiye ki unhone kitni riswat li h. Kuch nhi Krte h ye log sirf riswat lete h.. Strike b week k middle m krenge.

Anonymous said...

why leaders not agreed for pay commission. settlement being knowingly delayed for want of levy.
plan for indefinite strike,IBA will be under ufbf feet

Anonymous said...

The likely settlement date of XI BPS is 11.05.2020. That's exactly 30 months. UFBU leaders will get a huge levy. So they will not show intrinte to settle before May 2020. In the meantime members have to dance to the tunes of Unions like strikes, dharna etc. They will agree for 12% finally as can be observed from the balance sheets of various banks quarterly results.

Anonymous said...

Read intrinte as interest

Anonymous said...

IBA also dancing to the tunes of Unions. That's the pity.

Anonymous said...

Inse kuch nahi hoga best option is to resign from all unions. Fir dekho yahi neta Pao pakad ke union join karwane aa jaenge aur wahi kahenge Jo hum chahte hai.

Anonymous said...

In 2017 when DFS had instructed IBA to conclude Bank wage settlement well before 1st Nov 2017, some of my colleagues started celebrating. I told them please hold your celebration till May 2020, because going by the past trend under no circumstances BPS will be signed before that timeline due to various vested interest. After the two days strike in May 2018, sacrificing thousands of rupees of salary, it took nearly 2 months for the next meeting to recreate the same farce of offering as little as 6% with next meeting scheduled at the fag end of August 2018 to enact the same drama. Then will come September and there will be festive mood in the air, Durga Puja, Dussera, Diwali etc. and suddenly we will find that November is over and 2018 gone with a cute notional arrears of 14 months. Come 2019 and so many important events of national
interest other than BPS such as yearly closing, LS Election, result declaration, formation of government, ministry allotment, festive season etc. etc. Where is the time and window for BPS. 2019 gone. Come 2020. After March closing IBA & UFBU will suddenly wake up to realise that their predetermined time has come to ink the BPS with last minute tweak as experienced previously. I will be the happiest person if my above prediction prove wrong. Arrears will be disbursed and unions will collect levy. Perhaps this is the only exam (negotiating BPS) on earth, where worst you perform (delay in settlement) the more you will be rewarded in the form of levy. And here lies the agenda of BPS.

Anonymous said...

Well said

Anonymous said...

2020 can't b before that never happened earlier nor this time so relax

Anonymous said...

Get ready 4 more sacrifice at list 30000 salary in d name of strike reward for working days and night during note bandi

Anonymous said...

6% on salary slip great old policy to make us fool

BREAKUP DIARY said...

Usless negotiaton system

Anonymous said...

This is what exactly happening and still this opinion holds good. The entire world changes, but UFBU leaders never change. They are the main culprits. Pity fellow bankers especially the younger generation. God only save them.

Anonymous said...

UFBU=Ullu,Feku,Bakwas Union

Anonymous said...

Next meeting 7to8% hike b sure end up at 12% by 2020 levy 3000 to union for d historic settlement mark my words

Unknown said...

If performance of banks in the form of balance sheet is criteria, then why IAS and other sectors are given rise in salary to 250 percent.Govt of India is running in loss and budget deficit for decades. But every time they are given hefty rise in salary. Bank employees are taking salary for their hard work it has no concern with profits and loss. Waiver of loans and undue pressure on banks to sanction loans by leaders are prime cause of bad loans.

Unknown said...

UFBU and IBA are playing their regular game

Unknown said...

Better option when union calls for levy said kaun so levy WO to strike m kat li bank wall me that is better answer to union

Unknown said...

Proposed hike in medical insurance for retirees is too high to bear.

Anonymous said...

Correct...

Anonymous said...

True, well you and all bankers know the above reality

sikha said...

proposed hike is offered with a BPL card

sikha said...

proposed hike is offered with a BPL card