Basic Pay Chart of Officers – (Settlement wise). S No. 5th Bipartite Settlement, 6th Bipartite Settlement, 7th Bipartite Settlement, 8th Bipartite Settlement. Wage Revision of banks employees’ is done through bipartite settlement between UFBU and IBA. 6th Bipartite settlement, , , 28 months. The Fifth Bipartite Settlement dt. , , , , Settlement on Pension & Computerisation dt. The Sixth BPS dt .
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Provided further that an employee who has on or after 1.
In substitution of Clause 7 of the Bipartite Settlement dated 14th February,with effect from 1st November, the City Compensatory Allowance shall be payable as per the following rates: Split Duty Allowance, Cycle Allowance and Overtime Allowance It is clarified that while calculating the arrears for the period of the Settlement uptilif the net difference between the existing total emoluments and the revised total emoluments after Provident Fund deduction is negative, the same shall be ignored.
The IBA also raised with the Unions, during negotiations, issues on behalf of the managements of the banks concerned, to be discussed and settled with a view to improving productivity, efficiency, customer service, discipline and maintaining harmonious industrial relations. Clerical Staff 3 3 4 3 4 At places situated at a height of and over metres but below metres. The parties thereafter negotiated the aforesaid demands and issues on several occasions and have now reached an agreement as set out hereinunder in full satisfaction of their demands.
Provided that fraction of a day of earned leave, if any, shall be taken as a full day. Paradip Port Town Allowance.
6th BIPARTITE SETTLEMENT
In partial modification of Clause 15 a of the Bipartite Settlement dated 10th April, and Clause 13 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 substitution of Clause 17 of the Bipartite Settlement dated 14th February,with effect from 1st November,the reimbursement of hospitalisation expenses shall be as agreed hereunder: In respect of Bank of Baroda, the provisions of the Awards as further modified by the Settlements dated 23rd December,19th December,1st August,31st October,21st April,8th September,17th September,5th January,10th April,bipartitw June,16th July,29th October,settlemejt February,14th December, and 28th November, shall continue settle,ent govern the service conditions of the workmen except to the extent the same are modified by this settlement.
Places with population of more than 12 lakhs. The parties initially agreed after prolonged negotiations that the total quantum of wage increase arising out of a Settlement to be signed in this regard shall be The overtime allowance paid to the employees 6rh the overtime work performed uptil bi;artite March shall not be recalculated on account of this Settlement.
Where quarters are provided, HRA shall not be payable, and the rent to be recovered shall be 2.
FEDERATION OF BANK OF INDIA STAFF UNIONS
In partial modification of Para IX 3 of Bipartite Settlement dated 17th September,the following provisions shall apply with effect from the date of this Settlement.
In supersession of Clause 10 of the Bipartite Settlement dated 14th February,with effect from 1st April, Bank level agreements, if any, as of now may require appropriate amendments which shall be mutually settled.
In supersession of Clause 1 of Bipartite Settlement dated 16th July, with effect from 1st April,cycle allowance shall be payable to members of the subordinate staff who are required to use a cycle on regular assignment for outdoor duties at the following rates: The above provision will apply for crediting privilege leave from the Calendar Year In respect of Indian Overseas Bank the provisions of the Awards as further modified by the Settlements dated 14th December,17th December,29th July,23rd March,1st August,31st October,21st April,8th September,17th September,5th January,10th April,29th June,16th July,29th October,14th February,14th December, and 28th November, shall continue to govern the service conditions of the workmen except to the extent the same are modified by this settlement.
There shall however be no payment of any arrears of pay and allowances on account of such preponement. Scales bipratite Pay, Dearness Allowance and consolidated wages to part time employees working for less than 6 hours per week.
At Non – C. Places with population below 2 lakhs. Halting Allowance and all other items agreed to but not Date of covered by the above Clauses.
In partial modification eettlement Clause 9 of the Bipartite Settlement dated 10th April,with effect from 1st November,washing allowance shall be payable Rs. It is desirable that these imbalances in deployment of staff are corrected.
Places with population of 2 lakhs and over [other than places in i above] and State Capitals and Capitals of Union Territories. Dearness Allowance shall be calculated and paid on Basic Pay, Special Pay, Graduation Pay, Professional Qualification Pay and Officiating Pay, if any, settldment under this settlement in respect of both clerical and subordinate staff.
The clerical and the subordinate staff on reaching the maximum in their respective scales of pay shall draw FIVE stagnation increments at the rate of Rs.
Bank Clerk Pay Scales in India:1st, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th, 9thth Settlement
In partial modification of Clause 4 of the Bipartite Settlement dated 28th November, with effect from 1st Settlemejt,split duty allowance shall be payable as under: In supersession of Clause 5 of Bipartite Settlement dated 28th November, with effect from the date of this Settlement compensation on transfer shall be as under: Special compensatory provisions in respect of State Bank of India may be reviewed and settled at bank level.
It is clarified that there shall be no ceiling on Dearness Allowance. All other existing provisions shall remain unchanged. Mumbai, Calcutta, Chennai, Delhi – Rs. The Unions put forward a demand for giving yet another opportunity to those employees who had not opted for pension earlier. Special provision for State Bank of India.