Pension option to Resignees/VRS News!!

UPDATED 14.11.2012

Here is the letter by UFBU seeking Pension option for resigned employees!

UFBU’s LETTER TO IBA

Reg.:  Extending the benefit of joining the Pension Scheme as per Settlement / Joint Note dt. 27.04.2010 to employees / officers

                      who had resigned from bank service

In terms of the Settlement / Joint Note dated 27.04.2010 between IBA and the Workmen Unions / Officers Associations, one more option was given to the following employees / officers to join the pension scheme.

a)    Those who continued in service on date of settlement.

b)   Family of those who had died during the period.

c)    Those who had retired from service during the period.

d)   Those who had relinquished their job under the special VRS in 2001.

OFFICERS CHARTER OF DEMANDS

FOUR OFFICER  Unions submitted the Common Charter of demands to 

IBA today (30.10.2012) for the 7th Joint Note!!


HIGHLIGHTS!!

Regulated Working Hours – 36.5 hours a week demanded

·        Scale Merger - Scale 1 to 4 and Scale 5 to 7.

·        Merger of DA - September 2012 -4876 points.

·        Change in the Pattern of DA Compensation.

·         Introduction of Grade pay.

·        PQP   & FPP – compensation redefined

·        Hike in HRA as per 6^th Pay Commission and introduction of Self Lease.

·        Introduction of Incentive for working in Rural Areas.

·        Post Allowance, Risk Allowance are to be introduced.

·        Improvement in Hospitalization Scheme

·        Improvements in LFC – mode of travel  etc.,

·        Introduction of Ex-gratia.

·         Introduction of new facilities For Lady Officers 

·        Appropriate up gradation of the Leave entitlements.

·         Increase in the incidental expenses on transfer.

·        Roll Back to old pension scheme for those who joined on or after 1.4. 2010 from new pension scheme.

·        Gratuity at one  month for every year of service without ceiling

·         Terminal Benefits shall be outside the load factor.

·        Introduction of Banking Administrative Tribunal.

·        Up gradation of pension for pensioners.

·        LFC and Hospitalization for Retired Employees

·        Date of Effect  01.11.2012

click the following link for the original document submitted to IBA

7th Joint Note





FOLLOWING IS  TEXT format:

COMMON CHARTER OF DEMAND

        COMMON CHARTER OF DEMANDS

FOR REVISION OF WAGES AND

SERVICE CONDITIONS

UNDER 10^TH BIPARTITE SETTLEMENT

(AIBEA+ NCBE + BEFI +INBEF +NOBW)

Five Award staff Unions submitted the Common Charter of demands to 

IBA today (30.10.2012)

HIGHLIGHTS!!

**Increase 30% for Clerks and 35% for Substaff .

**Stagnation Increments without ceiling.

**Increase in Spl.Allow. commensurate with risk and responsibility, over and above merging of D.A.

** D.A. increase every month.

** Petrol cost reimbursement.

**Casual leave 18 days, P.L. accumulation up to 300 days.

** Cost of Hospitalisation reimbursement to be outside wage cost

** Overtime for connectivity problem/late sitting.

**Reimbursement of lodging bill over and above Halting allow.,

** 5 days week to be introduced.

**Education loan on concessional rate to staff.

** Pensioners/Retired Employees:

   PF 12%,

   Gratuity calculation revision,

   New Pension Scheme to be withdrawn for newly recruited employees,

   Updation pension with every settlement

   100% D.A. nutralisation,

   Family pension improvement,

   Extending 2^nd pension option to all resigned employees,

   LFC and Hospitalisation for retired employees,

   Cost of superannuation benefits should be outside wage cost.

Following is the copy of  charter of demands:

		CLICK THE FOLLOWING LINK FOR FULL DETAILS 10 B.P.S DEMAND ORIGINAL DOCUMENT! for Those want to read in text form=>

10th BIPARTITE SETTLEMENT and MY SUGGESTIONS !!

(REVISED 25.06.2012)

Bank employees started talking about 10th  Bipartite Settlement.

Dissatisfaction, anguish, backstabbing, disappointment over IXth Bipartite/Pension settlement   are still remaining fresh in their mind.

Percentage of increase was very low when compared to LIC/GIC and Central/State Govt. employees.

Penalty was imposed on those who opted for Pension, thanks to the black-sheep within UFBU and supported indirectly by Big brothers in UFBU.

Those who are affected are still knocking the doors of various courts.

O.K. will the unions/associations learn lessons from what has happened in the past?

Will they achieve higher percentage this time?

Will they find ways to overcome the worst working condition prevailing now? 

As per settlement charter of demand may be given by UFBU SIX MONTHS BEFORE 01.11.2012. i.e by 01.05.2012

Let us not start the wage discussion with pessimistic note.

Hope all will end well.

Working Employees are welcome to express their expectations on various heads of wage revision. and send your suggestions to my e-mail.

My suggestions for 10^th Bipartite Settlement:

1.      STAGNATION INCREMENT:

     Now Scale of pay for clerk/sub staff has only 20 increments.

     A graduate clerk (age 23) with CAIIB will reach the maximum in 15 years.

    After that he has 23 years of service, whereas only 7 increments are available.

    Therefore I suggest that span of scale of pay should be increased to 25 

    and  thereafter Stagnation increments to be given at the interval of 2 years. 

1A. F.P.P:  D. A. on F.P.P should be defreezed.   ........Continued

NOBW'S CHARTER OF DEMAND FOR 10th B.P.S!

NOBW'S CHARTER OF DEMAND FOR 10th B.P.S!

Source:  http://nobw.co.in/

NATIONAL ORGANISATION OF

BANK WORKERS (REGD)

(An Industrial Federation of Bharatiya Mazdoor Sangh)

Central office: 542, Dr. Munje Marg, Congress Nagar, Nagpur – 440 012

Ph. 0712-2460808, Fax 0712-2420850 E-mail – nobwco.ngp@gmail.com

Website - www.nobw.co.in

CHARTER OF DEMANDS FOR 10TH BIPARTITE SETTLEMENT

1. Scales of Pay - Clause 4 of 9th BPS dated 27.04.2010 be amended and the scales of pay

of the workmen shall be revised with effect from 01.11.2012:

Note:

 The Scales are to be revised by merger of Basic at 4708 points which is average of (April

to June 2012 quarter) of Present Basic.

 After merger as above, New Pay Scales are constructed by adding 40% for both Non-

Subordinate Staff and Subordinate Staff and increments are rounded off to the nearest

hundred.

 Hump increment in clerical cadre be removed without loss.

 Stage to Stage Fitment be maintained.

 The relativity between the Officers and the Non-Subordinate Staff and Non-Subordinate

and Subordinate Staff shall be ensured.

 If the scales of pay agreed to be constructed on different index number, they shall be

adjusted accordingly.

BEFI'S (DRAFT) CHARTER OF DEMAND

 BEFI'S  (DRAFT) CHARTER OF DEMAND

Draft Charter of Demands for 10^th Bipartite Settlement

Scales of Pay

Basic Pay Scales should be restructured at the average price index for the quarter July-September 2012 (1960 = 100) with 30% increase for the first stage  in case of clerical staff and there after gradually increasing this to 35%, maintaining the 1^st to 20^th stage increase at about 1:2.8 times(approx.). In respect of the subordinate staff, loading of 35% at the first stage and then gradually and uniformly increasing to 40% at the last stage to maintain the ratio of 1:2 or more.

Fitment: Stage to stage basis.

Stagnation Increments

At a frequency of 2 years on reaching the maximum of the scale of pay at the rate of the last increment in the respective scale till superannuation or promotion.

Special Pay

AIBEA CHARTER OF DEMANDS!!

Common charter of demand is yet to be finalised. In the mean time AIBEA came out with their own demand list.

We have to wait and watch how many of these find place in final common charter of demands and how many will be achieved at the end of negotiations.

HIGHLIGHTS OF DEMANDS!

¨       STAGNATION INCREMENTS ONCE IN 2 YEARS TILL RETIREMENT OR PROMOTION TO HIGHER CADRE.

* ADDITIONAL INCREASE IN SPECIAL PAY OF HEAD CASHIERS COMMENSURATE WITH THEIR DUTIES AND POWERS.

¨       ADDITIONAL INCREASE IN SPECIAL PAY OF SPECIAL ASSISTANTS AND RE-DEFINING THEIR DUTIES AND RESPONSIBILITIES/ PASSING POWERS.

 RENT TO BE REIMBURSED ON PRODUCTION OF RECEIPT UPTO 150% OF HRA RATE.

¨      HRA BASED ON CAPITAL COST OF OWN HOUSE TO BE PAID TO EMPLOYEES OWNING HOUSES.

¨      WHERE EM0PLOYEES OWN VEHICLES – 35 LTRS FOR CLERKS AND 25 LTRS FOR SUBSTAFF PER MONTH.

¨       WHERE EMPLOYEES DO NOT OWN VEHICLES – RS. 1000 P.M.

¨      PRIVILEGE LEAVE:   ACCUMULATION SHOULD BE INCREASED TO 360 DAYS. 

 HOSPITALISATION COST TO BE OUTSIDE THE WAGE COST.

¨      Education Allowance – up to 2 children.  

   NPS to be withdrawn and all new employees from 1-4-2010 covered by NPS to be covered by old scheme under Pension Regulation 1995.

 Refund of contribution to pension fund to the employees who joined between 1.11.1993 but before Pension Regulation came in force in 1995/1996

  Extending 2^nd option facility to employees who resigned between 1995 and 27.4.2010.

 Periodical Pension updation along with wage revision of service employees.

  Cost on superannuation benefits should be outside wage cost.

Ex-gratia in lieu of bonus be paid to all employees.

Five day week should be introduced.

Pension updation, uniform 100 % DA for all pensioners, improvement in family pension etc.

Charter of demands

1.          BASIC PAY

¨       REVISION OF BASIC PAY W.E.F. 1-11-2012 BY MERGER OF D.A. UPTO THE QUARTERLY AVERAGE INDEX OF JULY-SEPT. 2012 ¨       CONSTRUCTION OF REVISED PAY SCALES BY LOADING THEREAFTER AT 30 % FOR CLERKS AND  40 % FOR SUBSTAFF ¨       STAGNATION INCREMENTS ONCE IN 2 YEARS TILL RETIREMENT OR PROMOTION TO HIGHER CADRE. ¨       STAGNATION INCREMENT TO BE GIVEN IN ALL CASES OF REVERSION  FROM OFFICER TO CLERICAL CADRE AND CLERICAL TO SUBSTAFF CADRE ¨       FITMENT ON STAGE TO STAGE ¨       UNIFORM FITMENT FORMULA ON PROMOTION FROM SUBSTAFF TO CLERK AND CLERK TO OFFICER CADRE