UNION BANK RETIRED EMPLOYEES' ASSOCIATION
Friends,
Revised Circulars and Charts issued by IBA re. Revision of Salary
and Pension to clerical and
s
ub
staff retired after 1st November,'12
ATTACHED
Yours sincerely,
B.G.Raithatha,
General Secretary
Corrigendum to circular dated 4.6.15.
HR & Industrial Relations
No.CIR/HR&IR/2015-16/XBPS/G2//862
June 5, 2015
Designated Officers of Member Banks which are parties to the Bipartite Discussions
Dear Sir/Madam,
CORRIGENDUM
Revision in Pension of employees who retired on or after 01/11/2012 consequent upon the wage revision as per 10th Bipartite Settlement and Joint Note dated 25/05/2015
Please refer to our circular No.CIR/HR&IR/2015-16/XBPS/G2/851 dated 4th June 2015 on the captioned subject.
2. There is a typographical error in the date mentioned in para (III) - FAMILY PENSION of the above circular. Kindly read as under -
“In respect of employees (other than part-time employees) who retire/retired from service on or after 1.11.2012 (instead of 1.11.2015, as mentioned in the circular) the ordinary rate of pension………”
Inconvenience caused is regretted.
Yours faithfully,
K S Chauhan
Sr. Vice President
2.
HR & Industrial Relations
No.CIR/HR&IR/XBPS/
June 3, 2015
Chief Executives of Member Banks which are parties to the Bipartite Discussions
Dear Sir/Madam,
Bipartite Settlements signed between the Indian Banks’ Association
and the Workmen Unions on 25th May, 2015 at Mumbai
Please refer to our letter No.CIR/HR&IR/XBPS/803 dated 25th May 2015 forwarding for your information, copies of the Bipartite Settlements signed on 25th May 2015 by the Indian Banks’ Association on behalf of 43 member banks with Workmen Unions, viz. All India Bank Employees’ Association (AIBEA), National Confederation of Bank Employees (NCBE), Bank Employees’ Federation of India (BEFI), Indian National Bank Employees’ Federation (INBEF) and National Organisation of Bank Workers (NOBW) and with Bank KarmachariSenaMahasangh (BKSM) and National Union of Bank Employees(NUBE).
As in the case of the past Settlements signed by the Indian Banks’ Association on behalf of its member banks, the benefits and obligations in terms of the Bipartite Settlement signed on 25th May 2015 shall be extended by all member banks, on whose behalf the Settlement has been signed, to all their employees irrespective of their union affiliation.
We enclose the following charts for your information and to facilitate calculation of arrears payable to the employees:
1.
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Chart showing old and revised Basic Pay, Dearness Allowance, House Rent Allowance, Transport Allowance and Special Allowance payable to clerks as on November 2012
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Annexure A
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2.
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Chart showing old and revised Basic Pay, Dearness Allowance, House Rent Allowance, Transport Allowance and Special Allowance payable to subordinate staff as on November 2012
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Annexure B
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3.
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Chart showing existing Dearness Allowance paid to clerks for the period November 2012 to May 2015
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Annexure C
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4.
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Chart showing existing Dearness Allowance paid to subordinate staff for the period November 2012 to May 2015
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Annexure D
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5.
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Chart showing revised Dearness Allowance payable to clerks for the period November 2012 to May 2015
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Annexure E
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6.
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Chart showing revised Dearness Allowance payable to subordinate staff for the period November 2012 to May 2015
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Annexure F
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Banks may take appropriate steps to implement the Settlement in their respective banks and disburse arrears of salary and allowances to workmen staff.
All other terms of the Settlement also be implemented from the respective dates from which they are effective.
Should you require any clarifications, please feel free to refer to us.
Yours faithfully,
K UNNIKRISHNAN
DY. CHIEF EXECUTIVE
c.c.: Designated Officers
Encls.
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