Today, (19.05.2015) the distribution chart has been signed between IBA and our Unions covering the allocation to various heads. Pay scales and Allowances are as under:
A. Pay Scales: from 1-11-2012
Clerk: 11765 – 655/3 –815/3 –980/3 –1145/7 –2120 –1310/1– 31540 – 1310 x 8 = 42,020
Substaff : 9560 – 325/4 – 410 /5 – 490/4 – 570/3 – 655/3 – 18545 – 655 x 8 = 23785
Stagnation increments: 8 : Substaff: 8 x 2 years ; Clerk : 5 x 3 years + 3 x 2 years
B. Dearness Allowance: 0.10 % per slab of 4 points over 4440 points
C. HRA : 45 lacs and above: 10 % ; 12-45 lacs & Goa : 9 % ; other centres : 7.5 %
D. Transport Allowance: upto 15th Stage : Rs. 425 and others : Rs. 470
E. Special Pay:
i) SWO-B: 820; Head cashier: 1280; Spl. Asst. 1930
ii) Armed Guard/Bill Collector: 390; Daftary: 560; Head Peon: 740;
Driver: 2370; Electrician/AC Plant Helper: 2040, Head messenger in IOB: 1630
F. PQP : Rs. 410, 800, 1210 , 1620, 2010
G. FPP : Clerk: Rs. 1310 / 1580, 1570, 1550, 1550 / 1450
Substaff: Rs. 655 / 790, 890, 780, 780 / 730
H. Medical Aid : Rs. 2200 per year
I. Special Allowance ( new allowance ) :
7.75 % of Basic pay; DA is payable on this allowance
The full Settlement is under preparation and is expected to be signed on the 25th May, 2015 (Monday).
Flash: Yesterday, RBI has given its in principle ok for implementing Full holidays on 2nd and 4th Saturday. Matter is being expedited with the Government now
A. Pay Scales: from 1-11-2012
Clerk: 11765 – 655/3 –815/3 –980/3 –1145/7 –2120 –1310/1– 31540 – 1310 x 8 = 42,020
Substaff : 9560 – 325/4 – 410 /5 – 490/4 – 570/3 – 655/3 – 18545 – 655 x 8 = 23785
Stagnation increments: 8 : Substaff: 8 x 2 years ; Clerk : 5 x 3 years + 3 x 2 years
B. Dearness Allowance: 0.10 % per slab of 4 points over 4440 points
C. HRA : 45 lacs and above: 10 % ; 12-45 lacs & Goa : 9 % ; other centres : 7.5 %
D. Transport Allowance: upto 15th Stage : Rs. 425 and others : Rs. 470
E. Special Pay:
i) SWO-B: 820; Head cashier: 1280; Spl. Asst. 1930
ii) Armed Guard/Bill Collector: 390; Daftary: 560; Head Peon: 740;
Driver: 2370; Electrician/AC Plant Helper: 2040, Head messenger in IOB: 1630
F. PQP : Rs. 410, 800, 1210 , 1620, 2010
G. FPP : Clerk: Rs. 1310 / 1580, 1570, 1550, 1550 / 1450
Substaff: Rs. 655 / 790, 890, 780, 780 / 730
H. Medical Aid : Rs. 2200 per year
I. Special Allowance ( new allowance ) :
7.75 % of Basic pay; DA is payable on this allowance
The full Settlement is under preparation and is expected to be signed on the 25th May, 2015 (Monday).
Flash: Yesterday, RBI has given its in principle ok for implementing Full holidays on 2nd and 4th Saturday. Matter is being expedited with the Government now
11 comments:
Congratulations for delivering the shit. Union were claiming that we are confident that we will deliver a baby. Poor bankers kept reminding you that you will deliver shit.. And finally poor bankers claim was true..
Kumar ji....what about officers? Can u post pay scales for officers?
What a clever idea sir, by providing spcial pay @7% IBA killed two birds., one, superannuation benefits., two- for new entrants the 10 percent contribution to NPS will not be applicable(or applicable) to this special pay.
shame UFBU
Is der any allowance increased for handicapped employees?
This is the worst settlement, but a good scope for fresh entrants to leave the job and way to go for vrs for old employees.
This is not a revision in layman language if for this it takes 30 months.
we are no one to blame anyone unions are human beings and a common mango people so they have been crushed nicely and this is the smell of the rotten mangoes. IBA is slow and all the circulars of iba suggest that they are slow and poorly steady. Bad and slow decision hurts and this is sad
ALL INDIA BANK OFFICERS' ASSOCIATION
CENTRAL OFFICE: 14 A K NAYAK BHAVAN,
2ND LINE BEACH, CHENNAI 600001
PHONE: 044 -25265511- EMAIL:aiboa.hq@gmail.com.WEB:www.aiboa.org
CELL NO: GENERAL SECRETARY- 09840645081
OFFICERS WAGE REVISION HIGH LIGHTS
BASIC PAY - RS. 23700 – Rs. 85000
DA @ 0.10 % PER SAB – AS ON DATE DA 33.70 %
SPECIAL ALLOWANCE : FOR SCALE I TO III @ 7.75% PLUS APPLICABLE DA
FOR SCALE IV TO V @ 10 % PLUS APPLICABLE A
FOR SCALE VI & VII @ 11% PLUS APPLICABLE DA
H R A – METROS 9% A1 CITIES 8 % AND ALL OTHER CENTRES 7%
CCA – 3 % AND 4% WITH A CEILING OF RS. 600 AND 870/-
MEDICAL AID - SCALE I TO III RS. 8000
SCALE IV AND ABOVE RS. 9050
STAGNATION INCREMENTS – ONE ADDITIONAL INCREMENTS FOR SCALE II, III AND IV.
FOR FURTHER DETAILS PLEASE LOG ON TO OUR WEB SITE.
AIBOA SECRETARIAT.
Sir please explain implication of FPP and PQP
said 15% on basic but 8000(BASIC)+60.15 on basic=4812+only 3% on 8000=13075..
where is 15% ????
Kumar ji sbi ke customer assistants ko milega
Even in fixed HRA, many Officers who are going to retire, may not get 150% of HRA. It is based on capital cost of construction. About 35 years back seniors used to construct house for less than 2 lakhs. So a clause is to be added to revalue the property by branch head or external valuer of bank.
For clerks only 200 increase in medical allowance while for officers they have increased about 2900. Way to go unions! Looks like you have completely surrendered without a fight
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