Pension option to Resignees/VRS News!!

Pension option to Resignees/VRS News!!

It is almost certain that all bank employees(opted for P.F in 1995) who resigned thereafter is going to get 2^nd pension option. Yes, read the following

12.11.2013: Punch No.3

High court of Karnataka on 25.,10.2013 dismissed the REVIEW petition by Vijaya Bank on the above subject.

PREVIOUS INFORMATIONS:

Health Insurance Scheme:

Discussion Paper on proposed Health Insurance Scheme:

IBA’s proposal of Health Insurance Scheme in lieu of existing Hospitalisation Expenses Reimbursement Scheme.

As you are aware, presently, under our Bipartite Settlement, hospitalisation expenses are reimbursed upto 100% for employees and 75% for eligible family members as per the prescribed schedule of charges. In our Charter of Demands for the 10^th Bipartite Settlement, we have demanded for improvements in the scheme to cover 100% of the expenses for self and family without any restrictions.  In response to our demand, in the last round of discussions, IBA proposed introduction of Health Insurance Scheme in lieu of the existing reimbursement scheme.

The broad sketch of the proposed scheme is as under:

Ø  100% reimbursement or cashless settlement of hospital bills for self and dependent family members with the following ceiling:

Officers       :        Rs. 4,00,000 per year

Clerks         :        Rs. 3,00,000 per year

Sub-staff    :        Rs. 2,00,000 per year

Details of discussions on 11.10.2013!

UFBU CIRCULAR No.6 DATED 11-10-2013

BIPARTITE TALKS WITH IBA

Another round of bipartite discussions was held today in Mumbai between IBA and UFBU on our demands for wage revision.  IBA was represented by its Core Committee led by Shri R K Dubey, CMD, Canara Bank and UFBU was represented by all the Nine Constituent Unions.

D.A. Formula:  Revision of Dearness Allowance formula has been discussed at length since the CPI points under 1960-series are no longer compiled and published and the DA payable is being arrived at after duly converting the Consumer Price Index (CPI) points compiled under 2001-series.  UFBU has impressed upon the need to switch over to CPI 2001-series for payment of DA and revision of DA on monthly basis.  IBA said that they have to examine the matter in detail before responding.

Reimbursement of Hospitalisation Expenses:  Management wanted to know the response of the UFBU on introduction of Medical Insurance Scheme. 

ACCEPT OR NOT?

As you all know IBA has proposed a Health Insurance Scheme in lieu of present system of Reimbursement of Hospitalisation expenses.

We are at a stage whether to accept the proposal or not /accept with some safeguards/improvements.

Both the systems have their  own merits and demerits.

In the present system, employee has to incur expenditure and then get reimbursement.

Employee has to admit himself in a Bank approved hospital, otherwise his will not be reimbursed.

Ceiling for each and every item, like bed charges, operations charges, clinical test charges et.,

Maternity expenses not reimbursed in case of normal delivery (allowed in case of caesarian) and so on.

ADOPTION OF UNIFORM HOLIDAYS CALENDAR –                            GRID BASED CHEQUE TRUNCATION SYSTEM

Circular issed by BEFI:

Dear Comrades,                                                                     02.10.2013

Curtailment of Holidays in the name of Adoption of Uniform Holiday Calender under CTS. 

Following is the text of our letter dated 01st October, 2013 addressed to the Governor, Reserve 

Bank of India, copy to the Chairman, IBA, on the captioned subject; the letter is self explanatory. 

Incidentally we like to inform you all that, opposing RBI decision to keep banks open during the 

Onam Festival on 15th September last, Kerala State UFBU gave a call to boycott attending office on 

that day which received all out response from all sections of employees and officers. 

7th Central Pay Commission.

Bank employees are asking wages equal to Central Government Employees, but they...........

“the grass is always greener on the other side of the fence”

CONFEDERATION'S VIEW ON 7th CPC -PRESS STATEMENT

CONFEDERATION OF CENTRAL GOVERNMENT EMPLOYEES & WORKERS
(Central Head Quarters)
1st Floor, North Avenue Post office Building, New Delhi - 110001

Dated – 25.09.2013


Central Government has announced the constitution of 7th Central Pay Commission. Confederation of Central Government Employees & Workers has been raising this demand before the Government right from 2011 onwards and has conducted series of agitational programmes including Parliament March and one day nationwide strike on 12th December 2012.

FLASH BACK FOR BANK EMPLOYEES !!

FLASH BACK FOR BANK EMPLOYEES !!