TENTH BIPARTITE UPDATES
They have signed it. Click the following links. ( Note for workmen its called Bipartite and for officers its called Joint Note)
So many charts have sprung up. Too much technical in nature and hard to interpret and confusing. Just prepared simplified arrears chart which will serve 75% of officers community. But you have to punch in your old and new basic for all months, however reference table is provided.
Officers Payscales finalized. Prepared present and new salary charts for officers.
Please bear with me charts were prepared for first 10 stages. Some anamolies were found waiting for clarifications. These charts are sufficient to know increased salary for all young officers.
Its official AIBEA has issued circular. Click the link below.
News is out Workmen payscales finalized. Today IBA and UFBU ( Workmen unions only ) have finalized pay structure for workmen.
For New salaries of workmen click the link below ( In Excel Sheet ). I have not considered the stagnation increments. Arrears chart will be uploaded soon.
Workmen SALARY New and OLD 10th BPS 19 02 2015 ( Excel Sheet )
Chart prepared on 13/05/2015 still holds good. By all probability, Tenth Bipartite between UFBU and IBA will be signed on 22/05/2015.
Now it seems that almost every thing is finalized. The details are as follows. ( Please note these are not official )
1. New DA slab is 0.1%.
2. Grade pay will be Rs.1500/- for Scale I, Rs.2500/- for Scale II and Rs.3500/- for scale III. ( Or ) It may be 7% of basic pay.
3. HRA will increase from 8.5% to 11.5%. ( Metro)
Basing on the information available as on 13/05/2015 I have prepared the following chart.
Workmen Chart will be uploaded here by 11 PM
Please click Here Bipartite present salary April 2015
Tenth Bipartite Trickles of information
UFBU is not issuing any circulars, however we are receiving information from various other sources
- New DA slab is going to be 0.1%
- Special pay ( Grade Pay ) is eligible for DA.
- Bank of Baroda and PNB have doubled rental ceiling for leased accomodation. We can safely assume that there will be phenomenal hike in HRA.
- Special pay will be at around 2000 for scale 1.
Just received UFBU internal meeting on 8th May 2015 with regard to finalisation of pay structure and submit their views to IBA. On 12th May 2015 UFBU will meet IBA.
22/04/2015 Today’s Meeting Update
Sub Group of Officers Association’s has met IBA today. Many issues PQA, FPA, increments for CAIIB, Tax on perks and other allowances, LFC, were discussed. Concerns of with regard to pay scales were discussed. Meeting was positive. Next round of talks next week. ( Harvinder Singh )
Just received, Next round of discussions between IBA and officers association on 22/04/2015 at IBA’s office mumbai.
Today’s Meeting update ( 16/04/2015 )
Today IBA UFBU meeting took place wherein all details of proposed new medical reimbursement scheme was discussed. Scheme will be finalised shortly. For retirees also we have asked iba to workout a similar scheme. In the afternoon discussions on other demands of workmen and officers were discussed. Next week negotiating committee meeting will be held and pay scales etc will be discussed.
Morning Session headed by Shri Arun Tiwari: Detailed discussion held on new Hospitalisation Scheme with Health Insurance tie-up. However, finally there was a divide between Public Sector Bank Employees and SBI and SBI opted out of the proposed Scheme as they felt that SBI scheme is better.
Afternoon session headed by Shri Ashwin Mehra. Dicussion took place on the following Allowance
1. Washing 100 to 150
2.Hill & Fuel(above 3000 mts)1295 to 1500. (Above1500 upto 3000 mts) 510 to 600. (Above 1000 to 1500 mts )Rs 410 to 500.
3. Project Area : Group A Max 250 -Min 200. 4. Split Duty 125 to 150.
5.Halting Allowo (population 12 lac & over) Rs500 to 700 – for clerks
Rs 375 to 500- for sub staf
(population 5 lac & over) Rs 375 to 600 -for clerks
Rs 250 to 400 -for substaff
(Other places) Rs300 to 450 for clerks and Rs150 to 250 for substaff.
6. Cycle Allow : 75 to 100 etc
Exactly after one month after Sub Committee meeting, IBA is going to meet ufbu, Schedule is as follows
15/04/2015 UFBU internal meeting followed by meeting of all Workmen Unions.
16/04/2015 Morning session Discussions on Medical Scheme. After which IBA will have meeting with Workmen unions and Officers unions will have discussion with IBA at around 4pm.
Above news is widely publicized, now lets see what are items pending leave matters are almost settled, mostly on 16th they will be finalizing the medical insurance.
AIBOC vide its circular dt. 18.03.2015 has clearly informed that they have submitted their suggestions with regard to the pay scales and we know that IBA ‘s HR committee has met and discussed the pay scales. Now IBA may submit pay structure to unions and UFBU will definitely take some time to study them. So we may have to wait for another round of talks.
It may be worth mentioning, AIBOC has informed that it may take couple of rounds to conclude the bipartite.
Hope for the best.
16/03/2015 Sub committee met today with IBA. Issues other than salary and allowances were discussed.
BIPARTITE settled at 15%. Our dream for five days partly accepted. 2nd and 4th saturdays holidays. MOU being signed today. Please visit this site for more information. ( Total Rs.4725 cr allotted )
Talks Failed, Increase of 0.5 only. UFBU rejected the same. Indefinite strike from 16 March, 2015 stands. Further 4 day strike on 25,26,27,28th of February 2015. Detailed circular awaited. Thank God they have not signed at 13.5%.
Tenth Bipartite Settlement Updates I know that all banking friends are anxious to know about latest news about the wage revision for bankers. I am posting the latest news here. No rumours only published facts about wage settlement. ( Tenth Bipartite ). First have a glance at what are our demands. CHARTER OF DEMANDS FOR TENTH BIPARTITE
Tenth Bipartite Settlement. Meeting on 12 01 2015
MEETING OF THE SUB-COMMITTEE ON SALARY REVISION
Very lengthy circular click here aiboc clr-2015-04 dt 15 01 2015
07/01/2015 BANK WAGE SETTLEMENT Tenth Bipartite talks Discussions continued today with IBA. UFBU insisted on further increase over 12.5%. IBA wanted some more time. Sub committees formed to deal with other issues like medical scheme, 5day banking, regulated working hours, pension issue etc. Next meeting to be fixed soon. Detailed circular follows.