Central Office: "PRABHAT NIVAS" Regn. No. 2037 Singapore Plaza, 164, Linghi Chetty Street, Chennai-600 001 Phone: 2535 1522 Web: www.aibea.in e mail : chv.aibea@gmail.com & aibeahq@gmail.com
CIRCULAR NO. 29/027 /2023/51
14-9-2023
TO ALL UNIONS AND MEMBERS:
Dear Comrades,
BIPARTAITE TALKS WITH IBA CORE COMMITTEE MEETING – ROUND 2
UFBU CIRCULAR NO. 13 Dt. 13-9-2023: Further to the discussions held with the IBA's main Negotiating Committee on 31-8-2023, discussions were held at the Core Committee level set up exclusively for the demands of the workmen unions and officers associations. Discussions were held with Workmen Unions on 12-9-2023 and with Officers Associations on 13-9-2023 respectively.
Sri. Rajneesh Karnatak (MD&CEO, Bank of India) led the IBA team in the discussions with the workmen unions. From unions, representatives of AIBEA, NCBE, BEFI, NOBW and INBEF participated. Sri. O.P Mishra (Dy.MD, SBI) led the IBA team in the discussions with officers' associations. From associations, representatives of AIBOC, INBOC and NOBO participated.
Discussions with Officers Associations:
Two Additional Stagnation increments to be introduced for all grades of officers. | IBA will look into it & come back |
2. Two increments for passing CAIIB | IBA is positive about the demand |
3. F.P.P.: It should be the last increment without any ceiling. FPP to be de-frozen. | Implications on Terminal Benefits, will be discussed further. |
4. PQP: For completion of Part I JAIIB and Part II CAIIB, one and two increments respectively are to be considered instead of consolidated amount as in the past. | Implications on Terminal Benefits, will be discussed further. |
5. Stagnation increment to be paid to officers who have opted out from promotion | Will be discussed further based on data |
6. Upward revision of HRA | Agreed in principle, based on cost |
7. Self-Lease for officers to be introduced. | Individual Banks to decide |
8. Substantial increase of CCA & Location allowance (non CCA centres) for all | Agreed in principle- part of cost |
9. Learning Allowance to be enhanced substantially. | Agreed in Principle-Part of cost |
10. Closing allowance to be enhanced and paid every quarter. | IBA is positive about the demand |
The branches coming under the above areas should be treated on par with Metro Centers for all allowances and perquisites. | Part of Cost, a detailed Note to be submitted by Officers` Associations |
12. Introduction of incentive for rural and other sensitive/difficult areas. | Positive Response-detailed proposal is to be submitted by Officers` Associations |
13. Improvement in special area allowance and special compensatory allowance for N.E, Jammu, Kashmir, Himachal, Leh, Ladakh, Sikkim, Andaman, Uttarakhand and red corridor / disturbed areas | Will be examined after reviewing the Extant Govt. Guidelines and notifications. |
& Payment of lumpsum amount on mid-academic transfer to meet the education expenses of children on account of transfer. | Agreed to review, asked for a detailed proposal from Officers Association |
15. Improvement in Leave Fare Concession and monetization of LFC - The entitlement of mode of travel should be made as air travel to all the officers. | To be further analysed and discussed |
16. Improvement in all leave facilities/introduction of the concept of Leave Bank | Committee is formed to discuss separately |
17. Revision in Halting Allowance | Will be reviewed appropriately |
18. Revision in Lodging Expenses | Will be reviewed appropriately |
19. Education Allowance for Children to be introduced | May be considered up to 2 children till graduation-subject to Cost |
20. Yearly Executive Health check-up for all officers to be introduced | Principally agreed, to be further analysed and discussed |
21. Review of Disciplinary Rules Procedure | Committee is formed to discuss separately |
With greetings,
Yours Comradely,
C.H. VENKATACHALAM GENERAL SECRETARY
No comments:
Post a Comment