In the talks held between IBA and Unions understandings were reached on the various service conditions and the chart on distribution of the total increase of Rs. 2577 crores to various heads has been finalised. Next meeting will be on 7th April, 2010. Draft settlement will be taken up for finalisation. It was decided that after finalising the draft settlement, the signing of the same should be completed by 15 th April, 2010.
1. Scales of Pay:
Clerical Staff: 6200 – 400 x 3 – 7400 – 500 x3 – 8900 – 600 x 4 – 11300 – 700 x 7 – 16200 – 1300 x 1 – 17500 – 800 x 1 – 18300.
Substaff: 5500 – 200 x 4 – 6300 – 250 x 5 – 7550 – 300 x 4 – 8750 – 350 x 3 – 9800 – 400 x 3 – 11000.
2. Stagnation Increment:
Clerical: 7 stagnation increments (800 x 6 once in 3 years & 800 (7th) after 2 years)
Substaff: 7 stagnation increments (400 x 7 once in 2 years)
Extended Pay Scales: (With Stagnation increment)
Clerical: 6200 – 18000 – 23900.
Substaff: 5500 – 11000 – 13800.
3. DA: 0.15% per slab over 2836 points.
4. HRA:
a) Places over 45 lacs : 10%
b) 12 to 45 lacs : 9%
c) 5 to 12 lacs : 7.5%
d) Below 5 lacs : 7%
5. Transport Allowance: (For Clerks and Substaff)
Upto 15th Stage: Rs. 225 per month
16th Stage and above: Rs. 275 per month
6. Special Pay:
For November, 2007 to April, 2010: Existing Special Pay will be revised and arrears paid for both clerks and subordinate staff.
From May, 2010 - For Clerks
-
Present No Special Pay holders : Rs. 1000/-
-
Present Special Pay holders : Rs. 1500/-
-
Head Cashier II : Rs. 1780/-
-
Special Assistant : Rs. 2180/-
( Out of this, Rs. 1000/- will be added to Basic Pay and balance will continue as Special Pay.)
From May, 2010 - For subordinate staff
-
Present No Special Pay holders : Rs. 350/-
-
Present Special Pay holders - Revised Special Pay
(Out of this, Rs. 350/- will be added to Basic Pay and balance will continue as Special Pay.)
7. Fixed Personal Pay & PQP
Will be revised based on new basic pay.
8. Hill and Fuel Allowance:
a) Places – 3000 meters and above : 8% maximum Rs. 1295/-
b) 1500 – 3000 meters : 4% maximum Rs. 510/-
c) Over 1000 meters + Mercara : 3% maximum 410
9. Medical Aid: Rs. 2000/- per year
10. Hospitalisation Scheme: Being improved with revised schedule, etc.
11. Part Time Employees: (Lump sum)
(November, 2007 to April, 2010)
Upto 3 hours per week : Rs. 1030/-
3 to 6 hours per week : Rs. 1440/-
From May, 2010 : All will be brought to 1/3rd Scale wages.
12. Halting Allowance: Being increased
13. Washing Allowance: Rs. 100/- per month
14. Cycle Allowance: Rs. 75/- per month
15. Split Duty Allowance: Rs. 125/- per month
16. Project Area Compensatory Allowance:
Group A Centres /Group B Centres
Clerks : Rs. 205/- per month/Rs. 180/- per month
Substaff : Rs. 180/- per month/Rs. 150/- per month
17. Special Area Allowance: Being revised.
18. Reimbursement in Road Travel:
Actual road mileage cost or Rs. 3 per Km whichever is less.
19. Pension:
Another option will be given to all existing employees and those who have retired / died after pension regulation 1995 / 1996.
20. Gratuity:
Will be payable on revised Basic Pay from 1.11.2007
21. Provident Fund: 10% of pay from 1.11.2007
22. Definition of dependence under family: Upto monthly income of Rs. 3500/-
23. Compensation for losses due to breakage or damage to goods on transfer:
With Receipt/ Without Receipt
Clerks: Rs. 1120/- / Rs. 745/-
Substaff: Rs. 745/- / Rs. 560/-
24. Special Leave for Women:
Within the maternity leave entitlement, women employees can avail 45 days special leave for undergoing hysterectomy operation.
25. Effective Date: 1st November, 2007
Improvement in LFC:
Entitlement:
for Clerks - AC 2 Tier
for subordinate staff - AC 3 Tier
Distance:
For subordinate staff
Once in 2 years - 2500 km
Once in 4 years - 5000 km
For clerks
Once in 2 years - 2000 km
Once in 4 years - 4000 km
After abolotion of special allowances whether special pay of stenographers will be protected?
ReplyDeleteUnions have agreed to IBA proposal for aboloshing all posts carrying special allowance and giving special pay to all. By agreeing to this, the Union should have bargained for more special pay for staff who are at present performing such special jobs.
ReplyDeleteBank staff has got nothing compared with pay hike government employees got, unions have lost their bargaining power. Before signing settlement unions apply their mind and energy for better pay and allowances.
ReplyDeletewhether due 9th B.P. Settlement, old pensioner will get any benefit? Whether new pay scale will be given?
ReplyDeleteShame on your salary revision. For central government employees the wage revision is at 40% with lots of other benefits, for PSUs the revision range from 60% to 90%, for UGC teaching professional the revision is at 60% & even in many state governments the revision is more than 50% ****
ReplyDeletePlease ask yourself do you work less than others? Do you Organisation is not making enough profit? Are you working at a very comfortable work environment without risk & responsibility $$$$$ If your answer is NO $$$$$ then you deserve a respectable wage hike {let us make it a mass movement}
Charter of demands submitted by Union seeks same hike in special pay like in basic pay, now why union is backing out of this issue. special pay holders will be the worst sufferers. Why special pay to all employees at the cost of present special pay holders, who won't be performing any skill job. If IBA is keen on giving special pay to all as goodwill gesture, then it should give it to all and not snatch away from the present special pay holders. Special pay should be at November 2007 level (revised) over and above the special gesture of IBA.
ReplyDeleteDuring the era of 9th B.P. Settlements, those merge in other bank, they must also get the benefits of the settlement. R B I should consider it.
ReplyDelete