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Thursday, October 29, 2020

Spl pay must be merge with BP other wise not sign 11 BPS

First unions/associations should focus on the merger of the special allowance with BP since they have done biggest blunders in 10th BPS and needs to speed up to merger of the special allowance with BP and it will help the in service employees and retirees... Without merger of the special allowance with BP don't sign the 11th BPS... If you don't do the justic

 Everyone  agree with merger of spl.allowance with basic pay. But, it seems, IBA is determined enough to ensure substantial amount of increased salary in the form of spl. allowance to ensure payment of decreased pension/family pension . Can we call it as the major achievement of UFBU if spl pay not merge with BP ?

Any sensible bank employee will refuse arrears in terms of BPS where spl allowance is bereft of DA because it will result in substantial recovery .Moreover the supreme court has already given judgement that any allowance on which DA is being paid has to be treated as part of BP for the purpose of calculating gratuity pension etc. Although the banks have not implemented this but soon enough they will be forced to implement it. IBA as also bank mgmt know this. They know they cannot stall implementation of supreme court decision indefinitely therefore this time they are forcing the unions to agree to a special allowance without DA. This will be a collosal loss to members. It's sad that ordinary members cannot see this bitter truth. The interests of the members will be butchered in case the union goes ahead and agrees to spl. Allowance without DA.

1 comment:

Vipan Saini said...

Well said sir. But why these blady haramzada are not merging special pay

Excellent eye opening article 👍 Everyone must read

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