Wage revision bank employees 10th bipartite settlement. Salary revision and pension option it is a momentous and historical settlement signed by. For retirees also we have asked iba to workout a similar scheme. Basis for demands the process of wage revision must. Dec 20, 2017 11th bipartite settlement mof reminder letter to iba. The process of wage negotiation for public sector bank officers and workmen may be done separately again after oneandahalfdecade with the largest officers union boycotting the talks while the workmen unions are in favour of going ahead with it. Memorandum of settlement dated 25th may 2015 between the managements of 43 banks as represented by the indian banks association and their workmen as represented by the all india bank employees association, national confederation of bank employees, bank employees feder. Salary revision for officer employees of public sector. The basic principle of our wage revision should be based on the constitution of india which begins as.
The tenth bipartite wage revision for bank employees is due from 01. Once the bipartite settlement is signed, same percentage is finalized for officers joint note too. X bipartite bank employees wage revision settlement. Scales of pay in modification of clause 4 of bipartite settlement dated 27th april 2010, with effect from 1st november 2012 the scales of pay shall be as.
The highlights of demands are increased salary as per central government employees, provision of quarter facilities to all the staff including clerks and sub staff. For serving employees, the premium is paid by their parent bank, but retired emplo. Sep 14, 2014 calculate 10th bipartite revised salary the settlement of 10th bipartite wage revision is almost finalized. In modification of clause 4 of bipartite settlement dated 27 th april 2010, with effect from 1 st november 2012 the scale of pay shall be under. Salary of sbi clerk after 10th bipartite settlement state bank of india sbi is the premiere public sector bank of india with over 0 branches. Officers wage revision new pay scales 10th bpsbank bipartite settlement basic pay 23700 to 85000.
In the ensuing eleventh bipartite we hope that the officers organisations will play a crucial role. The period of the 10th bipartite settlement and officers wage revision came to an end on october 31, 2017, the ubfu said in a letter to the department of financial services, ministry of finance. Banks governed by officers service regulation 10th. May 08, 2017 11th bipartite settlement charter of demand submitted by bank officers union on behalf of all the officers of public sector bank.
This charter of demand will be the basis for discussions and negotiations for finalizing the salaries, benefits and other matters concerning bank employees 11th bipartite settlement. Salary revision for officer employees of public sector banks governed by officers service regulation 10th bipartite settlement for period 1. Gratuity under the 10th bp settlement signed news uco. Himalaya house 402406 4th floor, 79, mata ramabai ambedkar marg, palton road,p. For every rise or fall of 4 points over 2288 points in the qud,terly average of the all. Apr 19, 2017 11th bipartite settlement officers summary of demand submitted to iba april 19, 2017 categories 11th bipartite settlement, salary structure, wage revision finally after lot of repeated reminder by government, banks officers union has submitted the summary of demand and no charted of demand to indian bankers association iba. But, ordinary rank and file employees are in no way involved in grant of. Aibea may sign the 11th bipartite wage revision agreement. Finance ministry approved 10th bipartite settlement wage revision for bank employees for period 1.
The data mentioned in the answers above are not even mentioned by the unions and association in their demand. This is the very useful information for officers who were in the service of the bank. Read aibea agrees on iba offers of 12% salary hike in 11th bipartite wage settlement he further added that the present offer of iba is more in quantitative terms than the quantum paid in the 10th bipartite settlement. Officers service regulations joint note 10th bipartite. Are employees of public sector banks provided medical. The settlement dated 10th april, 1989 was for a period of five years with effect from 1st november, 1987. Here you can get the other highlights of the settlement. Finance ministry approved 10th bipartite settlement wage revision for officer employees of public sector banks may 23, 2015 tagged with. Federation of india befi on 24th october 2002 whereby befi agreed not to seek re opening of the industry level settlements dated 27th march 2000 and 10th april 2002 and as such signed the settlement dated 24th october 2002 on disciplinary action and procedures therefor. Settlementjoint note and partly by 10th bipartite settlementjoint note, the. Wow i mean people are really optimistic with the wage settlement and everything. Salary of bank employees after 11th bipartite settlement. Apr 23, 2017 there are various demands being raised by officers union to be fulfilled in 11th bipartite for bank officers.
May 05, 2020 ca bipartite settlement was signed between iba and bank employees. Every one has started anticipating the approximate dearness allowance or basic pay after the 11th bipartite settlement. Bank employees wage revision 10th bipartite wage settlement. A, the indian banks association iba on behalf of its member banks named in the respective schedule, signed settlements with the all india bank employees. Read the complete info of 10th bipartite settlement for clerks and substaff from the below stated lines. Process of next wage revision in public sector banks. Charter of demands for 11th bp settlement submitted to iba may 4, 2020 rajasinghmurugesan no. After the 10th bipartite settlement, both serving and retired employees are covered by medical insurance and no more the medical bills are paid by individual banks. Wage revision for bank officers and workmen may be done. Summary of charter of demand for 11th bipartite settlement.
Since the eight bipartite settlement, the wage hike talks have been held jointly for workmen and officers. Gratuity in the banks is payable to employees and officers both under the gratuity act, 1972 as well as under the provisions of our bipartite settlement for employees and as per osr for officers whichever is higher. Ca bipartite settlement was signed between iba and bank employees. The indian banks association iba representing the managements. Mode and class of travel is as applicable to travel on duty. Tenth bipartite updates todays meeting update 16042015 today iba ufbu meeting took place wherein all details of proposed new medical reimbursement scheme was discussed. Memorandum of settlement dated 10th april, 2002 between the. The 11th bipartite charter of demands submitted by aiboc, aiboa, inboc and nobo to indian bank association. Hand book on duties and rights 201763 salary reward for the committed work cost sheet distribution sheet for officers under 10th bipartite settlement was signed on 20.
You are aware that the current 10th bipartite settlement on. Jul 12, 2019 9th bipartite settlement for bank officers pdf july 12, 2019 admin glimpses of signing ceremony of 9th bipartite. They demanded no enhancement in hra because of reason cited below. Expected pay scale for 11 th bipartite settlement of will be on the principles of 7 th. References are being made to us regarding gratuity under the 10th bp settlement signed recently on 2552015. Bank employees xth bipartite pay scale calculator bankers may calculate their new salary from this tool bankers may calculate their new salary from this tool and latest media report mr r joshi, one of our viewers sent an excell sheet for calculation of new pay for bank clerk, officers and substaffs in respect of finalized scales consequent. F about 6 lacs workmen employees covered by this settlement. The current 10th bipartite settlement on wages and service conditions of bank employees ended on 31st october 2017. The salient features with regard to pay slip component were also highlighted in that circular. These meetings are held between the indian banks association and the union of bank employees. Delay in wage talks irks bank unions the hindu businessline. The latest meeting of the core group was held on 6th september 2017. Salary of sbi clerk after 10th bipartite settlement. Shri soumitra talapatra national confederation of bank employees 1.
The last phase of meeting with finance ministry and iba is being going on, we are hoping that within a week the outcome will be published. All india bank employees association reproduced the clarification in 10th bipartite settlement for clerks and substaff. The parties will endeavour to finalise the bipartite settlement joint note within a period of ninety days. Click the link below to view the file 10th bipartite settlement for bank officers 7th joint note for revision of pay and allowances of bank officers file reference number 7th joint note file. May 15, 2017 11th bipartite settlement is due from 1st november 2017. This post provides updated detail of leave eligibility conditions for granting casual leave, special casual leave, unavailed casual leave, privilege leave, sick leave, additional sick leave, maternity leave and paternity leave, special leave for participating in sports eventstrekking programmes, person who undergo sterilization operation for promoting small family norms, and extraordinary. Aibea agrees on iba offers of 12% salary hike in 11th bipartite wage settlement editor. Officers wage revision new pay scales 10th bpsbank. Surgery or surgical procedure means manual andor operative. Category of 5th bipartite the ceiling of pension be raised to rs.
Joint note dated 25th may 2015 revision of salary and other service. Accordingly, the pension of employees retired on or after 1. May 15, 2017 minimum basic salary of bank officers is proposed at rs. Mar 04, 2017 bank employees 11th bipartite salary calculator 11th bipartite settlement for bank employees are fast approaching i. As of now, the tot al workman covered by these banks is around 6,50,000. Finance ministry approved 10th bipartite settlement wage. All india consumer price index for industrial workers base. Government and iba has agreed on the 10th bipartite wage settlement. The settlement was sign in may 2015 with 15 percent hike. It is the tenth bipartite that the officers associations have raised their voice. In view of these positive developments and signing of minutes of discussions, all our. Bank employees, bankers new salary from this tool, xth bipartite pay scale calculator filed under. Calculate the projected salary along with the difference with existing gross pay post 11th bps for officers from scale i to iii. Wage revision of award staff and officers in terms of bipartite settlement.
A scales of pay for officers as per 9th bipartite settlement w. Sub committee meeting on bank bipartite on 16th april. Charter of demand will be the basis for discussions and negotiations for finalizing the salaries, benefits and other matters concerning bank employees 11th bipartite settlement. What will be the basic pay for bank poso after 11th. He has also stated that the officers associations are creating impediment to the settlement. This charter of demand will be the basis for discussions and negotiations for finalizing the salaries, benefits and other matters concerning bank employees 11 th bipartite settlement for bank employees. Scale i 14500 600 7 18700 700 2 20100 800 7 25700 scale ii 19400 700 1 20100 800 10 28100 scale iii 25700 800 5 29700 900 2 31500 scale iv 30600 900 4 34200 2 36200 scale v 36200 2 38200 1100 2 40400. February 23, 2015 in 10th bipartite discussions, bank employees news, bipartite settlement, national union of bank employees x bipartite bank employees wage revision settlement points between iba and bank unions indian banksassociation minutes of the dis. Including private banks and foreign banks who are parties to the settlement, around 4,80,000 as on 11 12012. Calculate 10th bipartite revised salary the settlement of 10th bipartite wage revision is almost finalized. In partial modification of clause 15 a of the bipartite settlement dated 10th april, and clause of the bipartite settlement dated 14th february,the hill and fuel allowance shall be payable at the following rates with effect from 1st november, in the case of special assistant, the special pay payable for the period 1 st november, to the date. Bipartite settlement joint note on the various issues on which consensus position have been reached. Bank employees xth bipartite pay scale calculator bankers.149 436 594 431 996 290 944 477 555 1310 286 1208 474 418 212 1184 1334 303 1089 1284 326 1503 963 1155 295 1263 640 437 1417 1398 91 954 1353 107 921 214