ON 06.01.2011 AIBOC presented on the following issues pending with the IBA/Govt. for favourable disposal.
a) 2ND OPTION ON PENSION INCLUSION OF:
i) CPF Optees retired under Bank level VRS.
ii) CPF Optees resigned after 20 years of service, in absence provision for VRS in OSR.
iii) Compulsory retirees.
iv) Commutation to family members of CPF Optees died before 27.04.2010 and allowing them notional commutation.
v) I.T exemption on contribution to Pension Fund etc.
b) STAFF LOANS:
Enhancement in ceiling on Staff Housing Loan and Conveyance Loan, at concessional rate of interest.
c) FESTIVAL ADVANCE:
Revision in maximum ceiling on festival loan.
d) COMPASSIONATE APPOINTMENT SCHEME:
Follow-up with the Government of India for approval of draft Compassionate Appointment Scheme, evolved at IBA level in consultation with the UFBU.
e) FITMENT FORMULA: