LIC GROUP MEDICLAIM SCHEME GUIDE

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Thursday, 9 November 2023

Wage Negotiations of IBA with Bank Uniions/Associations on 09.11.2023

Today there was daylong negotiations with IBA.

 IBA improved their offer to 16%  but this could not be agreed by us we requested iba to improve their offer.

We also discussed about implementation of 5 day banking and improvement in pension for past retirees. 

We have signed the minutes on option to resignees to join pension scheme.

 Circular follows.


Convener, UFBU

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