Thursday, September 14, 2017

Premium for Medical Insurance Policy from Nov 2017 to Oct 2018 is announced for with domiciliary, without domiciliary and super top up(for additional one lac).  Option for new joining for those who missed to join earlier (without domiciliary only), switch from with domiciliary to without domiciliary, and for joining super  topup limit also announced. Take decision according to your needs.






Some comrades raised doubts of eligibility of Gratuity to Bank Employees who are recruited after Apr, 2010 and under NPS scheme.

My answer is " yes"
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Read the following :

No.7/5/2012-P&PW(F)/B

Ministry of Personnel, Public Grievances and Pensions

Department of Pension and Pensioners Welfare

Lok Nayak Bhavan, Khan Market,

New Delhi – 110 003, Dated the 26 August, 2016.

OFFICE MEMORANDUM.

Subject : Extension of benefits of ‘Retirement Gratuity and Death Gratuity’ to the Central Government employees covered by new Defined Contribution Pension System (National Pension System) – regarding.

The undersigned is directed to say that the pension of the Government servants appointed on or after 1.1.2004 is regulated by the new Defined Contribution Pension System (known as National Pension System), notified by the Ministry of Finance (Department of Economic Affairs) vide their O.M No. 5/7/2003-ECB & PR dated 22.12.2003. Orders were issued for payment of gratuity on provisional basis in respect of employees covered under National Pension System on their retirement from Government service on invalidation or death in service, vide this Department’s OM No. 38/41/2006-P&PW(A) dated 5.5.2009.

2. The issue of grant of gratuity in respect of government employees covered by the National Pension System has been under consideration of the Government. It has been decided that the government employees covered by National Pension System shall be eligible for benefit of ‘Retirement gratuity and Death gratuity’ on the same terms and conditions, as are applicable to employees covered by Central Civil Service (Pension) Rule,1972.

3. These orders issue with the concurrence of Ministry of Finance, Department of Expenditure, vide their ID. Note No. 1(4)/EV/2006-II dated 29.07.2016.

4. In their application to the persons belonging to the Indian Audit and Accounts Department, these orders issue after consultation with Comptroller and Auditor General of India.

5. These orders will be applicable to those Central Civil Government employees who joined Government service on or after 1.1.2004 and are covered by National Pension System and will take effect from the same date i.e. 1.1.2004.

(Harjit Singh)

Director (Pension Policy)

Friday, September 8, 2017

11th BPS ......Talks held on 6/9/17
 "Today , Meeting of the Core Group (Workmen) was held.

No decision was taken during the meeting on any issue. Financial matters (wage related) were not discussed. No offer on Salary Rise was made by IBA.

Out of nine Demands on Agenda, only Six were discussed. They are :

1. Leave Benefits : PL accumulation & Encashment, Sick Leave, ML, Child Care Leave, Sabbatical Leave, Paternity Leave, Extra Ordinary Leave were discussed. Only discussions took place. For Child Care Leave Unions to present a note to IBA during next rounds.

2. Women Employees : Improvements demanded by Unions in their Service Conditions was discussed.

3. Temporary Employees : Demand for their absorption in regular Service was taken up. IBA put it aside.

4. LFC : Demand for Improvement in LFC Entitlement was taken up for discussion. Nothing Materialised.

5. PENSION for post April 2010 Employees : Demand for Regular Pension to these Employees was taken up. IBA wants Unions to take up this issue with individual Banks.

6. COMPASSIONATE GROUND APPOINTMENTS : Union demand is proper implementation of Scheme. IBA says Scheme is already there as per Govt Guidelines. Implementation part Unions have to take up with individual Banks.

The following three issues as per Agenda could not be discussed. They were :

1. Increase in Transport Allowance / Reimbursement of Petrol Cost.

2. Provisions of Voluntary Cessation of Service.

3. Compensation on Transfer.

The next meeting of Core Group (Workmen) will be held on 3 rd October, 2017 at 11 am.



11th bipartite updation as on 23 rd August 2017. Next talk will be on 6 th September

====================

Wednesday ,   23 rd  August

----------------------------------------

Sub :   *11 th Bipartite* 

             *Settlement* 

             *Negotiations.*

Today 4 th round of discussions took place between I.B.A. and Unions. *

The meeting began with discussion on Ten "Management Issues" as under :

1.  Compensation Package on Cost to Company. Fixed and Variable Pay concept for Offficers / Workmen. I.B.A. desires to introduce declaration of 'Performance based Bonus.' After discussion it was decided to further discuss this issue during detailed Wage Revision process.

2.  Rationalisation of Special Pay Carrying Posts. There are 8 & 3 such posts at Clerical and Sub Staff level. We made it clear to I.B.A. that additional burden of duties should be compensated. It was decided to discuss this issue during next rounds with more details from I.B.A.

3. Review of two graduation increments. Only elementary discussion took place. We opposed this move of I.B.A.

4.  Transfer and deployment of Workmen Employees - para 536 of Sastry Award. We demanded better monetary compensation for transferees as transfers are effected by Managements.  This issue to come for discussion during future rounds.

5.  Simultaneous disciplinary action by Banks and Police. Only discussion took place. No conclusive decision.

6.  Continuing departmental proceedings post retirement for Workmen Employees. Only discussion took place.

7.  Premature Retirement of Workman in Public Interest. We opposed this move.

8.  Outsourcing : We have asked I.B.A. to elaborate Business Needs.

9.  Automatic Movement of pay Scales  for Officers. Only discussion. No decision.

10.  To mark Lien on NPS Fund of employees to recover Bank's Loss. We opposed move. Issue will be discussed further.

*Thus Management Issues were discussed only. No decision was arrived.*

*Other Issues*

  *Discussed*

============

1. Improvement in Pay Scales and Stagnation Increments.

2. D. A. Formula

3.  H. R. A.

As load factor and basic pay structure is not decided , the issue remains hanging. Will be discussed in future rounds.

*Leave Rules*

1. Maternity Leave and in continuation Special Leave to Women employees was discussed. No conclusion.

2. Leave Bank. We requested  IBA to put forth exact scheme. It will happen during next rounds.

        *L. F. C.*

We put forth demand for enhancement in maximum distances. Uniform inclusion of Special Trains like Rajadhani etc in all bank schemes. Also one more option to employees to select periodicity of LFC.

Discussion inconclusive.

Road Travel cost reimbursement should be at same rate for Officers and Workmen was our demand. Our other demand was to include Sight Seeing Expenses in overall limit. Cost of Taxes such as GST should be included in Ticket Price which should be enhanced accordingly and reimbursed was our firm demand.

Thus even though so many issues came up and discussed, all were discussed on primary level. Discussions to continue. IBA to come up with concrete plans to give shape to discussion.

All these issues will be discussed during future rounds.

*Next Round of Negotiations is scheduled on Wednesday,  the 6 th September,  2017*

Wednesday, August 23, 2017


The subcommittee on NON FINANCIAL items held  discussion with IBA today.

IBA's counter demands were discussed in detail. 

Majority of counter demands were rejected, while few items were kept for further discussion. 

LFC,LEAVE issues also discussed.

 Next subcommittee on 6th Sept. 

CJ Nandakumar, President BEFI.