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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Wednesday, October 14, 2020

Bipartite settlement may be sink in deep water

Dear Comrades,
We at AIBOC together with the other 3 officers' Organization planned not to attend the physical meeting with IBA yesterday as the proposal given by IBA on cost distribution was not acceptable and it would be better to have meeting through video conference in order to reach better understanding before hand so that physical meeting can finalise finer points.
Comrades, AIPNBOA stand is that IBA dictated load on Basic pay and UFBU agreed the same but now we can't allow IBA to control the distribution of balance 12.5% in other Pay slip components or create non DA paying new heads which does not benefit all officers accross the board.
Comrades, the effective date of implementation of the settlement is fixed. It is 01.11.2017. DA merger points finalised. Load on Basic Pay at 2.5% finalised. 
Now if IBA dictates balance cost distribution also to deprive future DA payable on Special allowance, it is not acceptable. If the cost is taken in other heads, it will jeopardize future settlements in terms of percentage increase to be achieved on future establishment cost as on 31.03.2022 for settlement due in 01.11.2022.
Therefore, we especially youngsters should not insist for quick settlement but should aim for better settlement even if it takes time.
Infact, it is time we should prepare to go on agitation if IBA & Govt. continues to bully in cost distribution in other heads. Agitation should be not only on wage revision issues but should include 5 day banking demand, plight of officers in PSU banks, change in labour laws adversely affecting workers, privatisation move of Govt etc etc.
Let's give the leaders free hand to decide course of action rather than creating pressure for early settlement. Take these issues to members and prepare to be more militant by keeping unity. 

But we are dead assure that some rescuers point  will come and bipartite will sign on 15 th October

Received and forwarded

5 comments:

Vipan Saini said...

Please do something rememberable five days week. Us most important issue. Show IBA the strength. Don't sell banker's interests

Vipan Saini said...

Please do something rememberable five days week. Is most important issue. Show IBA the strength. Don't sell banker's interests

Vipan Saini said...

Sir they have already done damage. Without five days week. Without special pay merger. With less. Very less load factor. Now see. Insurance companies will get. Decent hike. With 15 percent load factor. How they got last. Time. Ufbu did not see this

Vipan Saini said...

SHAME on. Ufbu. Old tired and hired leaders

Raghubir said...

Only bank management is wholly soly responsible for the crisis & situation created in wage settlement due to top management is neither goodin the eyes of govt nor bank union & bankers

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