Basic Pay Chart of Officers – (Settlement wise). S No. 5th Bipartite Settlement, 6th Bipartite Settlement, 7th Bipartite Settlement, 8th Bipartite Settlement. Wage Revision of banks employees’ is done through bipartite settlement between UFBU and IBA. 6th Bipartite settlement, , , 28 months. The Fifth Bipartite Settlement dt. , , , , Settlement on Pension & Computerisation dt. The Sixth BPS dt .
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The Settlement dated 14th December was co-terminus with the Settlement dated 14th February, The parties thereafter negotiated the aforesaid demands and issues on several occasions and have now reached an agreement as set out hereinunder in full satisfaction of their demands. In substitution of Clause 8 of the Bipartite Settlement dated 14th February,with effect from 1st November, the house rent allowance payable shall be as under: Payment of Overtime Allowance.
Special compensatory provisions in respect of State Bank of India may be reviewed and settled at bank level. In partial modification of Clause 4 of the Bipartite Settlement dated 28th November, with effect from 1st April,split duty allowance shall be payable as under: At places situated at a height of over metres but less than metres and Mercara Town.
The agreement reached as aforesaid shall amend, modify and supersede the relevant provisions of the Awards and the Settlements wherever referred to in this Settlement. Scales of Pay, Dearness Allowance and consolidated wages to part time employees working for less than 6 hours per week.
At the lower CCA Centres i.
At places situated at a height of and over metres but below metres. It is clarified that there shall be no ceiling on Dearness Allowance. Halting Allowance and all other items agreed to but not Date of covered by the above Clauses. Special provision for State Bank of India Special settlemenf provisions in respect of State Nipartite of India may be reviewed and settled at bank level. In supersession of Clause 4 of Bipartite Settlement dated 14th February, and Clause 1 of Bipartite Settlement dated 14th Decemberwith effect from 1st November, the scales of pay shall be as under: It is desirable that these imbalances in deployment of staff are corrected.
Bank Clerk Pay Scales in India:1st, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th, 9thth Settlement
In modification of Clause 14 of the Bipartite Settlement dated 14th February,with settlemrnt from the date of this Settlement, halting allowance shall be payable at the following rates for the days spent on duty outside the headquarters: Mumbai, Calcutta, Chennai, Delhi – Rs.
It is agreed that for the purpose of this Settlement Pension be costed at At places situated at a height of metres and above.
Provided further that an employee who has on or after 1. Places with population of more than 12 lakhs.
Bank Clerk Pay Scales in India:1st, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th, 9th-10th Settlement
Bank level agreements, if any, as of now may require appropriate amendments which shall be mutually settled. In respect of Indian Overseas Bank the provisions of the Awards as further modified by the Settlements dated 14th December,17th December,29th July,23rd March,1st August,31st October,21st April,8th September,17th September,5th January,10th April,29th June, 6thh, 16th July,29th October,14th February,14th December, and 28th November, shall continue to govern the bipatrite conditions of the workmen except to the extent the same are modified by this settlement.
In supersession of Clause 15 of the Bipartite Settlement dated 14th February,the rate of Provident Fund shall be revised as under: Reimbursement of Expenses on Road Travel. Clerical Staff 3 3 4 3 4 Special provision for State Bank of India.
While IBA expressed its inability to consider the demand of the Unions, on their insistence however, bbipartite agreed to forward the demand to the Government of India.
All other places – Rs. The earlier provisions relating to maternity leave as in Clause Such leave not exceeding a day if availed on grounds of sickness, shall be allowed without production of medical certificate.
FEDERATION OF BANK OF INDIA STAFF UNIONS
Places with population below 2 lakhs. Voluntary Cessation of Employment. In supersession of Clause 1 of Bipartite Settlement dated 16th July, with effect from 1st April,cycle allowance shall be payable to members of the subordinate staff who are required to use a cycle on regular assignment for outdoor duties at the following rates: The clerical and the subordinate staff on reaching the maximum in their respective scales of pay shall draw FIVE stagnation increments at the 6fh of Rs.
The Unions put forward a demand for giving yet another opportunity to those employees who had not opted for pension earlier. The above provision will apply for crediting privilege leave from the Calendar Year In substitution of Clause 17 of the Bipartite Settlement dated 14th February,with effect from 1st November,the reimbursement of hospitalisation expenses shall be as agreed hereunder: In respect of employees who had received their fourth stagnation increment on or after 1st November, but before 1st November,the fifth stagnation increment shall be released on and from 1st November, The IBA also raised with the Unions, during negotiations, issues on behalf of the managements of the banks concerned, to be discussed and settled with a view to improving productivity, efficiency, customer service, discipline and maintaining harmonious industrial relations.
Clerical Staff a 0. All other existing provisions relating to House Rent Allowance shall remain unchanged.
Foboisu-federation of Bank of India Staff Unions
Provided that fraction of a day of earned leave, if any, shall be taken as a full day. Places with population of 2 lakhs and over settlemenf than places in i above] and State Capitals and Capitals of Union Territories.
All other existing provisions relating to Dearness Allowance Scheme shall remain unchanged. Paradip Port Town Allowance.