Friday, January 18, 2019

Bipartite Discussions with IBA

Joint Circular by AIBEA-NCBE-BEFI-INBEF-NOBW:

One more round of Bipartite  Discussions was held between workman unions and IBA today at Mumbai.  IBA was represented by Mr. Rakesh Sharma, (MD of IDBI Bank), Chairman of the Small Negotiating Committee, Mrs. Reeta Kaul, GM, PNB, Mr. S K Suri, GM, Allahabad Bank,  Mr. B Rajkumar, Dy. Chief Executive, IBA, Mr. Sanjay Prakash DGM, SBI, Mr S K Kakkar, Sr Advisor-HR, IBA and Mr. KS Chauhan, Sr Vice President, IBA.  We were represented by our five Workman Unions.

The following issues and demands were taken up during the discussions today:


Sanction of all stagnation increment to clerical employees once in 2 years instead of once in 3 years upto 5th stagnation increment as at present. IBA agreed that some improvement may be considered subject to cost implications.

Sanction of stagnation increment to employees who got/get reversion after a period of 12 months.  IBA agreed to examine the issue by collecting details from the Banks.

PQP/Graduation Pay should be equal to 1st stage of Basic Pay.  IBA was inclined to agree subject to working out the cost.

Sanction of additional increments to substaff for passing graduation/ JAIIB/ CAIIB.  IBA was positive on the issue but stated that cost implication would have to be kept in mind.

Updation of pension of all past retirees at a common index point as would be applicable under 11th BPS.  Our demand would be studied for consideration.

Payment of Project Area HRA at branches opened in Special Economic Zones, Export Promotions, etc.  It was agreed in principle.

Introduction of Leave Bank.  IBA agreed to examine the issue in detail based on the Note submitted by us and then decision will be taken.

Exemption of GST on premium payable on medical insurance.  Matter has been taken up with the Government and would be followed up.

Extension of time upto 15-2-2019 for retirees to renew the medical insurance policy for the year 2018-19.  IBA agreed to take up with UIIC for their approval.

Payment of Gratuity under Bipartite Settlement – 20 months’ Pay without the restriction in service period between 15 and 30 years.  Unions to give a Note to IBA for their consideration whereafter the issue will be discussed further.

Calculation of Pension based on last drawn pay or on average of last 10 months whichever is beneficial to employees.  Matter will be taken up with the Government for their approval and amendment in Pension Regulations.

Sanction of full pension on retirement after 20 years instead of present 33 years.  Matter will be taken up with the Government for their approval and amendment in Pension Regulations.

Management’s contribution at 14% of BP+DA under New Pension Scheme. Matter will be taken up with the Government for their approval and amendment in the Scheme.

Service Charges levied on employees under NPS to be borne by managements or Fund Mangers.  IBA agreed to issue clarifications.

Introduction of special compensatory provisions for employees working in North East, Jammu and Himachal Pradesh.  Matter will be taken up with the Government.

 5 Day Banking – remaining Saturdays to be declared as weekly holidays.  Matter will be taken up with RBI and Government.

 Stopping outsourcing of regular and permanent jobs in the Banks. IBA stated that the Banks are following the guidelines of RBI in this regard.  We did not agree with their contentions and reiterated our demand.

Sanction of sabbatical leave to employees upto 2 years in service period as is available to government employees.  IBA stated that the issue needs further discussion.

Sanction of Child Care Leave for women employees.  Unions to submit Note to IBA and the issue will be discussed further.

 Disciplinary Action and Procedure.  Separate circular will be issued on the issues discussed.

Next Meeting ON 1st February : It was agreed to hold the next round of meeting with the Workman Unions on 1st February, 2019 to discuss further issues and demands.

38 comments:

Kaman said...

Union leaders are...

Svvu said...

What IBA agreed, everything referred to govt

Anonymous said...

Ufbu....lol...donkeys

LN said...

If all d matters will be taken to the govt now ... then what de wer doing since lat 1 1/2 years

Unknown said...

IBA negotiating commitee is reduced to being a POSTMAN to the govt.All issues discussed WITH IBA REPRRSENTATIVES WILL be posted to govt for decision,useless union leaders, only commission agents

Unknown said...

What iba is doing and wat our leaders r discussing simply eating snaxks and drinking coffe warming the chairs

Eswar said...

Useless union leaders no use with them they are the puppets of money and luxury. Are they deny for levy? No No they never

Anonymous said...

Useless union leaders- is the common reaction of all. We have heard this comment in the previous settlements also. Has anything changed? who is to blame? can the employees unite and unseat chv and the like? The answer is NO. what you sow is what you reap.why cry now.

Unknown said...

Right

Srk said...

Join we bankers group....who feel angry with bipartite

Anonymous said...

Nothing will be done or sorted out, only eye wash. CHV is saying some matters have been clinched but what are these matters, nowhere in circular. Only it is reported, cost calculation Will be done or matter will be reported to Govt., if you have not worked out any calculation then what for you had gone, only to pass the time that CHV is doing for employees and no where it is reported cost component has been increased from 8 percent to which percent and also whether special pay will be merged with Basic pay and form part for superannuation benefits. This all shows that these leaders are thinking of their colleagues.

Unknown said...

Nothing discussed about fitment and new payscales.
The meeting wisely distracted the main issue of wage revision.
Months are wasted towards opposing Bank merger which is approved by Cabinet.

Vipan Saini said...

Chb. You are. The culprit. Of bank employee s . May your soul rest. In. Nurk

shiv singla said...

CHV should be out of the committee

Anonymous said...

How much percent wage increase? No answer What about pension revision? No answer

Atanu Chakraborty said...

All the points so discussed referred to govt and calculation committee as said by iba.So nothing produced from this meeting.Meantime another merger will take place.IBA has no power.

Lkd said...

Only outcome of meeting is next meeting date fixed for party with iba

NIRMAL KUMAR GHOSH said...

I think the first page of the charter of demand consisting of the most vital and important subject ie of merger point and loading thereof is torn off by both IBA and UFBU .
We have paid epf /cpf for long 33 years to get full pension and will not allow others to share our fund with only 20 years contribution . Already the VRS employee are sharing by paying less contribution .Let some other fund arrangement be there to give this concession .Let our fund be utilised for improvement of pension and family pension .

NIRMAL KUMAR GHOSH said...

Can any one say what was the duration of the meeting .There were 5 representatives from workmen and others from IBA . 20 issues were discussed . If we consider 30 minutes average for each issue ,then it takes 10 hours .So at all any discussions took place or prior discussion by big brother and signing in dotted lines by others ?

Purushothaman said...

Union is dragging the talk till declaration of general election . So another one or two years wage talk to collect more levy from the employees. They are not bothered about retirees issues like updation and revision of family pension .

Anonymous said...

Are they kidding???

Anonymous said...

What to expect of these clerical cadre union. Only aiboc is genuine.

Anonymous said...

What's the percentage offer of salary revision.

Anonymous said...

True it's the most important decision

Anonymous said...

Greetings! 1st stage of basic pay means how much? 655 ? it is lesser than the pqp we get now

Anonymous said...

Every point is either referred to Govt. or dragged to further meetings what achieved?

Anonymous said...

Chv proved he is not our leader he is a pet dog of iba

Unknown said...

Our unions go for meeting to have a great dinner

Unknown said...

What is the Common Index Point under 11th BPS?

MVR Murthy said...

Yes please...I wish to what's common index point for 11 BpS on which the updation of past retirees pension revolves..Any vlue..
What about cases of arrears of earlier Retirees...Non.specific ..much was left to guessing and dream...No where clarity ...
Except next date of Meeting.

Unknown said...

All demands are reffered to Govt.Why this IBA?.Union discussing with Govt representatives or with ..

Unknown said...

Unions are delaying the Bps as they get
Good commission on arrears we get.If they don't have that mind set they would have gone for indefinite strike as the postal dept done

Anonymous said...

Ha ha ha gaya bankers ka pay revision gaya. I am in NTPC.Ntpc starting basic for officers Rs 60000. And their class iv substaff basic is more than bank officers ha ha lol lol

Anonymous said...

Even postal Dept sub staff basic is more than bank officers. Mews khao maza karo re baba. Bankers pl get ur children admitted to govt schools

Anonymous said...

Why should we pay levy for our own money to these bastard unions

Anonymous said...

Lungi dance by chv

Young banker said...

You UFBU leaders have always ba ckstabbed your own banker family members in all BPS. But we still wish you and your family a happy and healthy life. May God forgive you and your children.

Anonymous said...

Union leaders u should be ashamed... ... ...