Bank Employees Union and IBA meeting was held on dated 19th Jan 2019 related to 11th Bipartite Wage Settlement.
There were certain demands which were accepted by the IBA. As usual the date of next meeting is scheduled on 01st Feb 2019.
Check out the details:
One more round of 11th Bipartite Discussions was held between workman unions
and IBA today at Mumbai.
IBA was represented by Mr. Rakesh Sharma, (MD
of IDBI Bank), Chairman of the Small Negotiating Committee, Mrs. Reeta
Kaul, GM, PNB, Mr. S K Suri, GM, Allahabad Bank, Mr. B Rajkumar, Dy. Chief
Executive, IBA, Mr. Sanjay Prakash DGM, SBI, Mr S K Kakkar, Sr Advisor-HR,
IBA and Mr. KS Chauhan, Sr Vice President, IBA. We were represented by
our five Workman Unions.
The following issues and demands were taken up during the discussions
today:
1. Sanction of all stagnation increment to clerical employees once in 2 years
instead of once in 3 years upto 5th stagnation increment as at present.
IBA agreed that some improvement may be considered subject to cost
implications.
2. Sanction of stagnation increment to employees who got/get reversion
after a period of 12 months. IBA agreed to examine the issue by
collecting details from the Banks.
3. PQP/Graduation Pay should be equal to 1st stage of Basic Pay. IBA was
inclined to agree subject to working out the cost.
4. Sanction of additional increments to substaff for passing graduation/
JAIIB/ CAIIB. IBA was positive on the issue but stated that cost
implication would have to be kept in mind.
5. Updation of pension of all past retirees at a common index point as would
be applicable under 11th BPS. Our demand would be studied for
consideration.
6. Payment of Project Area HRA at branches opened in Special Economic
Zones, Export Promotions, etc. It was agreed in principle.
7. Introduction of Leave Bank. IBA agreed to examine the issue in detail
based on the Note submitted by us and then decision will be taken.
8. Exemption of GST on premium payable on medical insurance. Matter has
been taken up with the Government and would be followed up.
9. Extension of time upto 15-2-2019 for retirees to renew the medical
insurance policy for the year 2018-19. IBA agreed to take up with UIIC
for their approval.
10. Payment of Gratuity under Bipartite Settlement – 20 months’ Pay without
the restriction in service period between 15 and 30 years. Unions to give
a Note to IBA for their consideration whereafter the issue will be
discussed further.
11. Calculation of Pension based on last drawn pay or on average of last 10
months whichever is beneficial to employees. Matter will be taken up
with the Government for their approval and amendment in Pension
Regulations.
12. Sanction of full pension on retirement after 20 years instead of present
33 years. Matter will be taken up with the Government for their approval
and amendment in Pension Regulations.
13. Management’s contribution at 14% of BP+DA under New Pension
Scheme. Matter will be taken up with the Government for their approval
and amendment in the Scheme.
14. Service Charges levied on employees under NPS to be borne by
managements or Fund Mangers. IBA agreed to issue clarifications.
15. Introduction of special compensatory provisions for employees working
in North East, Jammu and Himachal Pradesh. Matter will be taken up
with the Government.
16. 5 Day Banking – remaining Saturdays to be declared as weekly holidays. Matter will be taken up with RBI and Government.
17. Stopping outsourcing of regular and permanent jobs in the Banks. IBA
stated that the Banks are following the guidelines of RBI in this regard.
We did not agree with their contentions and reiterated our demand.
18. Sanction of sabbatical leave to employees upto 2 years in service period
as is available to government employees. IBA stated that the issue needs
further discussion.
19. Sanction of Child Care Leave for women employees. Unions to submit
Note to IBA and the issue will be discussed further.
20. Disciplinary Action and Procedure. Separate circular will be issued on
the issues discussed.