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Sunday, February 12, 2017

ENHANCMENT IN GRATUITY CEILING upto Rs 20 lakh for bank employee

ENHANCMENT IN GRATUITY CEILING DEVELOPMENTS TILLDATE
.FOR CENTRAL GOVT WORKERS GRATUITY CEILING IS RAISED TO Rs. 20 LACS UNDER VIITH PAY COMMISSION WEF 01012016.
.FOR RBI STAFF AS PER LETTER ADMINISTRATION CIR.02 DT. 03.11.2016 .GRATUITY LIMIT FOR RBI STAFF IS ENHANCED FROM RS. 9.00 LACS TO RS. 18.00 LACS WEF 01012016 CALCULATION IS ONE MONTH PAY PLUS DEARNESS ALLOWANCE FOR EVERY COMPLETED YEAR OF SERVICE.
HOWEVER FOR BANKERS/INSURANCE STAFF/ PUBLIC SECTOR UNDERTAKINGS STAFF/ PRIVATE SECTOR STAFF THE GRATUITY LIMIT IS Rs. 10 LACS TILL DATE:
INITIATIVES MADE BY VARIOUS BANK UNIONS IN THE MATTER OF ENHANCEMENT IN GRATUITY CEILING:-:
01.ALL INDIA STATE BANK OFFICERS FEDERATION , VIDE ITS LETTER DT 19.07.2016 HAS TAKEN UP THE MATTER WITH CENTAL LABOUR MINISTER FOR ENHANCEMENT IN GRATUITY LIMIT AT PAR WITH CENTRAL GOVT STAFF.
02.ALL INDIA BANK OFFICERS CONFEDERATION, VIDE ITS LETTER DT 17.09.2016 WRITTEN TO SH ARUN JAITLEY,FINANCE MINISTER OF INDIA FOR AMENDMENT IN CENTRAL GRATUITY ACT IN THE FORTHCOMING SESSION OF PARLIAMENT.
03. AGAIN ALL INDIA STATE BANK OFFICERS’ FEDERATION HAS VIDE ITS LETTER 142 DT 06112016 TAKEN UP THE MATTER OF ENHANCEMENT OF GRATUITY CEILING FOR BANKERS TO RS. 20 LACS AGAINST THE EXISTING LIMIT OF RS. 10 LACS. WITH HON’BLE PRIME MINISTER OF INDIA
04.AIPNBOA HAS ON 19092016 WRITTEN TO FINANCE MINISTER, ARUN JAITLY TO ENHANCE GRATUITY LIMIT FOR BANK EMPLOYEES FROM 10 LAC TO 20 LAC.
05. ALL INDIA STATE BANK OFFICERS’ FEDERATION VIDE ITS LETTER No.6547/103/16 DATED: 29.12.2016 HAS MADE AN APEAL TO SHRI.NARENDRA MODI, PRIME MINISTER OF INDIA, FOR EXTENSION OF ENHANCED GRATUITY CEILING TO OFFICERS IN STATE BANK OF INDIA & ALSO WRITTEN TO SMT. ARUNDATHI BHATTACHARYA,CHAIRMAN STATE BANK OF INDIA TO PERSUADE THE GOVT AND GET THE GRATUITY LIMIT ENHANCED. 
06. NOW UFBU HAS CALLED A STRIKE ON 28TH FEBURARY 2017 ON VARIOUS ISSUES AND ENHNACEMENT OF GRATUITY CEILING TO Rs. 20 LACS AT PAR WITH CENTRAL GOVT WORKERS IS ONE OF THE ISSUES .
IT IS MY HUMBLE SUBMISSION TO EVERY MEMBER OF BANK UNION WHO ARE PARTICIPATING IN THE STRIKE TO REQUEST THEIR LEADERS THAT THE ENHANCEMENT IN GRATUITY CEILING SHOULD BE EFFETED FROM 01012016 OTHERWISE THOUSANDS OF WORKERS WHO HAVE RETIRED/EXPIRED AFTER 01.01.2016 WILL BE GETTING LESS GRATUITY BY ABOUT Rs.5 TO 10 LACS EACH.
I WISH TO MENTION HERE THAT IN YEAR 2010 WHEN GRATUITY CEILING WAS RAISED FROM RS. 3.5 LACS TO RS.10 LACS THOUSANDS OF BANKERS/INSURANCE STAFF/ PSU WORKERS /PVT SECTOR WORKERS DID NOT GET THE BENEFIT DUE TO DELAYED IMPLEMENTATION OF ENHANCED GRATUITY
PLEASE PASS ON THE MESSAGE TO MAXIMUM PEOPLE WHETHER WORKING IN BANKS/ INSURANCE /PSUs/PVT SECTORS FOR BENEFIT OF ONE AND ALL.

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