CHARTER OF DEMANDS FOR 11TH BIPARTITE SETTLEMENT by UFBU IN SUMMARY

ALL INDIA BANK EMPLOYEES’ ASSOCIATION ( AIBEA)

NATIONAL CONFEDERATION OF BANK EMPLOYEES (NCBE)

BANK EMPLOYEES FEDERATION OF INDIA (BEFI)

INDIAN NATIONAL BANK EMPLOYEES FEDRATON (INBEF)

NATIONAL ORGANISATION OF BANK WOREKRS (NOBW)

2-2017

To

Chairman,

Indian Banks’ Association

Mumbai

Dear Sir,

You are aware that the period of the current 10th Bipartite Settlement would come to end by October, 2017 and a revised Settlement needs to be arrived at w.e.f. 1-11-2017.  We learn that the Government has given their guidelines to IBA and Banks to complete the process of negotiations well in time to commence the new Settlement from November, 2017.

We welcome this but this would be possible only if the negotiations are commenced by IBA well in time.  In view of this, we submit herein the broad summary of the common demands to be negotiated and to arrive at the 11th Bipartite Settlement. (Annexure I)

The full details of all these demands would be submitted shortly and well before the negotiations would begin. 

We request the IBA to immediately start the process of negotiations so that we shall be able to complete the process and conclude the Settlement in advance.

Receipt of this communications may be acknowledged and we may be informed of the steps being taken by IBA in this regard.

Thanking you,

C.H. VENKATACHALAM,

GENERAL SECRETARY, AIBEA

SANJEEV K. BANDLISH, 

GENERAL SECRETARY, NCBE

PRADIP K BISWAS

GENERAL SECRETARY, BEFI

SUBASH S SAWANT

GENERAL SECRETARY, INBEF

UPENDRAKUMAR

GENERAL SECRETARY, NOBW

ANNEXURE I

BROAD SUMMARY FO CHARTER OF DEMANDS FOR 11TH BIPARTITE SETTLEMENT

1. Revision and improvement in Pay Scales by merger of Dearness Allowance upto October, 2017 and with additional loading thereon.

2. Merging Special Allowance with Basic pay

3. Improvements in Special Pay, PQP, FPP and Stagnation Increment

4. Revised DA formula and improvement in compensation against price rise.

5. Provision of housing accommodation for all clerical and substaff and payment of HRA on the lines of officers.

6. Introduction of Education Allowance

7. Substantial increase in Transport Allowance 

8. Improvements in leave benefits and LFC entitlement

9. Increase in Annual Medical allowance and improvement in Medical Insurance Scheme.

10. Bonus for all employees without any ceiling

11. Removal of ceiling Gratuity under the Gratuity Act.

12. Total exemption from Income tax on entire retirement benefits

13. DA linked Assured pension scheme in lieu of NPS

14. Improvement in pension scheme on the lines of Governmetn scheme

15. Follow up of the issues covered by Record Note dated 25-5-2015

16. Introduction of 5 Day banking service

17. Improvement in Special Area Allowance and special compensatory provisions for North East and Jammu

18. Regular banking jobs and services not to be outsourced and all existing contract employees to be regularized and absorbed

19. Adequate recruitment of clerical and substaff in all Banks

20. Implementation of Supreme Court order on equal wage for equal work for existing temporary and contract employees.

21. Proper implementation of compassionate ground appointment scheme 

22. All part time employees to be converted as full time employees

23. Improvement in Other Allowances and other service conditions

24. Special provisions for women employees on the lines of 7th Pay Commission recommendations.

25. Uniform guidelines on fitment for Ex-servicemen joining the Banks.