11th Bipartite Salary latest news - Comparison in salary structure of LIC and Bank officers in previous few settlements.
As on 01.11.1992 the Basic Pay of officers of Bank and LIC at entry level
were same.
As on 01.11.2007 LIC officers were getting 14.40% higher salary than Bank
officers.
As on 01.11.2012 LIC officers were getting 18.58% higher salary than Bank
officers.
So, it is crystal clear that the Bank Officers' salary is drastically being reduced
gradually resulting in erosion of wage in comparison to LIC officers.
In the same
principle of the Pillai Committee recommendation, Bank officers salary should be
at par with the Govt as well as LIC Officers.
Compare Salary Bank Officers Vs Central Government Group 'A' Officers
