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Saturday, October 19, 2019

Some important progress regarding 11 th bipartite

Some important points regarding #11th_BPS gathered from the one of the leaders who attends negotiation committee meeting.

#Finalised_matters...

(1) Leave(PL) Encashment on superannuation increased from 240 days to 270 days. And the allowed accumulation of PL is also increased from 270 days to 300 days.
(2) The fares of RAJDHANI and SHATABDI express, which were not reimbursable earlier, will now be reimbursed if you undergo actual travel during LFC. Not applicable if you are encashing the LFC.
(3) Previously we used to get 30 sick leaves on half pay each year for the first 18 years of service and 90 additional sick leaves on half pay once we complete 24 years of service. That is, we used to get total 630 sick leaves on half pay during total service. Now this figure will be increased to 720 from 630.
(4) Wage revision will be made w.e.f. 01/11/2017.
(5) DA as on 31/10/2017 that is 47.80% will be merged with basic.
(6) Performance Linked Incentive (PLI), even if implemented, will be over and above the fixed wage increase percentage negotiated between the two parties. This PLI will vary bankwise and not employeewise. That is PLI % will be same for all SBI employees and will depend on the category in which our bank falls depending on the performance of the bank.

Almost or yet to be Finalised matters...

(1) UFBU representatives are firm on minimum fixed increase of 15% or more and 5 day week. In recent negotiation committee meeting, IBA jas offered 12% which was denied by UFBU. PLI will be over and above this % increase.
(2) Leave bank will be introduced for the 720 days of sick leave half pay so that these sick leaves can be transferred from un-needy to the needy. Offcourse, the un-needy will be reimbursed with some monetary compensation. But this is yet to be finalised.
(3) IBA is firm on PLI.p

1 comment:

Working bankers said...

What about special allowance.

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