11th AINBOF Asks for CENTRAL PAY COMMISSION for Public Sector Bankers in 11th BPS - 11th BPS News

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Tuesday, 21 July 2020

AINBOF Asks for CENTRAL PAY COMMISSION for Public Sector Bankers in 11th BPS

Time has completed the full circle, it was the same unions which were demanding the bipartite for bankers and now in 11th BPS they are demanding the Central Pay Commission. This all because of the bunch of youth brigades in public sector banks.

Anyway, here is the excerpt of the letter sent to CLC by Banker's Union AIBOC & AINBOF.

1) Wages as per the MINIMUM WAGES FORMULA as adopted in the CENTRAL PAY COMMISSION instead of demanding Fair wage revision at this advanced stage. 

2) Wages equivalent to Grade A officers of the Government to the officers as we have been getting during 70s which specifies officers demand and expectation. 

3) Running scale of pay without linking the increment to the promotion so as to avoid stagnation which would very badly affect the 80% of the youth, whose promotions is not in the hands of them. 


4) Updation of pension to ensure the retirees also to lead a decent and safe life. 

5) Scrapping of NPS to ensure the assured pension to the youths on their retirement. The logic behind the demand of the officer organisations was that when the banks are facing losses due to the policies of the Controllers and the behavior of borrowers, the best available alternate was to delink the salary revision from the profits and paying capacity of the banks

Additionally, they even don't want to negotiate now.


 


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