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Friday, July 31, 2015

D.A. Increase!

D.A. Increase for Aug, Sep, Oct 2015:
(On B.P.+Spl.Pay+Spl.Allowance+P.Q.P)

27 Slabs (2.70%)
Total= 364 Slabs (36.4%)

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D.A Increase for Aug 2015 to Jan 2016 to Pensioners:
31 Slabs(3.10%)
Total= 364 Slabs (36.4%)
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Those retired in 9th B.P.S.:
Increase =4.65%

Total=114.75%
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Indian Bank will disburse 10th B.P.S. Arrears Payment
 Tomorrow(01.08.2015)



Monday, July 27, 2015

X BP SETTLEMENT – CLARIFICATIONS

                                                             IBA CIRCULAR:
HR & Industrial Relations                                                                         July 25, 2015
No.CIR/HR&IR/2015-16/XBPS/1120

Designated Officers of Member Banks which are parties to the BPS

Dear Sir/Madam,

X BP SETTLEMENT – CLARIFICATIONS


1. Paternity Leave:


Clause 32 of the X Bipartite Settlement provides the benefit of Paternity Leave w.e.f.

1.6.2015 to male employees with less than two surviving children for 15 days during his
wife’s confinement and may be combined with any other kind of leave except Casual Leave.
The leave may be availed upto 15 days before or upto 6 months from the date of delivery of
the child.

Clarifications:
The leave may be granted to an employee even where the date of delivery of

the child was prior to 1.6.2015, provided, however, that the leave is availed within six
months from the date of delivery. Further, the leave shall be sanctioned 15 days before the
delivery or up to 6 months after the delivery.

2. Leave Fare Concession:


Clause 19 (iv) of IX Bipartite Settlement dated 27.4.2010 provided that an employee

encashing the facility of Leave Fare Concession shall proceed on leave for a minimum period
of one day.

Clarifications:
Clause 19 (iv) of X Bipartite Settlement dated 25.5.2015 does not have this

provision and hence with effect from 1.6.2015, employees may be allowed the facility of
encashing of Leave Fare Concession without the requirement of availing Leave for this
purpose.

Wednesday, July 22, 2015

Saturday Holiday issue

Com. K.K. Nair, Chairman, UFBU informs........

" There is no truth in the previous news of Saturday Leave from 25.07.2015.

Required approval from the appropriate authorities is yet to be received by IBA."


Monday, July 13, 2015

AIBEA claim on 10TH B.P.S.!!

Central Committee meeting of AIBEA was held at Rajkot in Gujarat on 8th and 9th July, 2015.

10th BP Settlement hailed:  A detailed reporting was made about the salient features of the recently signed 10th BP Settlement and the significant improvement in the various service conditions besides increase in wages of the employees.  After deliberations, the CC adopted a Resolution as under:

“The Central Committee meeting of AIBEA held at Rajkot on 8th and 9th July, 2015, after detailed perusal of the 10th BP Settlement welcomes the Settlements as a significant achievement in improving the wages and service conditions of the bank employees.  Continuation of the collectively bargained uniform industry-level Settlement on wages and service conditions and overcoming the attempts to foist  bankwise wage agreements are major achievements. 
Substantial increase in the emoluments of the employees as compared to the previous settlements is a salient feature of the Settlement.  The CC also notes that all other service conditions have been satisfactorily improved upon. More importantly, achievement of a new scheme providing for full reimbursement of hospitalisation expenses is a major achievement. Getting it extended to all existing retirees is another salient feature.m