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You are here: Home / Employees News / Bipartite talks on 22 July 2020 – Bank issues like Merger of Special Allowance with Basic Pay

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Bipartite talks on 22 July 2020 – Bank issues like Merger of Special Allowance with Basic Pay

July 21, 2020 by admin 2 Comments

BANK EMPLOYEES FEDERATION OF INDIA
NARESH PAUL CENTRE
i 53 Radha Bazar Lane (1st Floor), Kolkata 700001
e-mail: pradsphefi @yahoc.co.in Website: www.befl.in
Ph: (033) 2225-04 14/2236-5108 (M) 9433144271

18.07.2020

Com Sanjeev K. Bandlish
Convenor
United Forum of Bank Unions
Chandigarh.

Dear Comrade,

Sub: Bipartite talks on 22 July 2020

Though I did not receive any communication from your office but we understand that a meeting of the Negotiating Committee is slated on 22 July 2020 at Mumbai.

In the wake of recent increase of Covid-19 pandemic in our country, there are suspension withdrawal of public transport including flight operations effective in different Parts of the country.

So far Kolkata is concerned, all flights connecting six cities including Mumbai are suspended till 31st July 2020. There are similar suspension effective in many of the cities. In such situations, many of us may find it difficult to attend meeting at Mumbai on 22nd duly next.

We feel that a lot of time have elapsed since expiry of 10th settlement. A lot of issues like Merger of Special Allowance with Basic Pay: Loading after merger of DA; 5 day banking; improvement of family pension, updation of pension etc. are yet to be settled. The date of expiry of Mediclaim Insurance Scheme for the year is also fast approaching.

Also read: Merger of Dearness Allowance with the Basic Pay w.e.f. April 1, 2004

In the prevailing circumstances, we suggest for holding the meeting scheduled on 22th July 2020 through alternative mode like Video Conferencing. We also suggest for holding virtual meeting of UFBU to arrive at a consensus on the issues prior to the negotiation.

With greetings,

Yours comradely,
(Dabasish Basu Chaudhury)
General Secretary

Copy to: All constituents of UFBU


UNITED FORUM OF BANK UNIONS
(AIBEA- AIBOC -NCBE- AIBOA -BEFI-I NBEF- INBOC- NOBW -NOBO)
C/o. State Bank of India, LHO, Plot No.1, Sector-17A, Chandigarh – 160017
Phone (Office) : 0172-4567142, 4567042, 2702518 Fax – 0172-2721716
Mobile – 09417032548 e-Mail – [email protected]

SANJEEV K. BANDLISH
Convenor

LETTER No. UFBU/ 2020/08

Date: 19.07.2020

To,
The Chief Executive,
Indian Banks’ Association
Mumbai
To,
Chairman,
Negotiating Committee of IBA
Mumbai

Dear Sirs,

Reg: IBA’s Communication No. 8973 dated 10-7-2020 regarding next round of discussions on 22-7-2020

While thanking IBA for fixing the date for the next round of discussions at IBA Office in Mumbai on 22-7-2020, 7 out of our 9 Constituent unions have now made a request to hold the discussion through video conferencing in view of thepresent problems for travel, etc. Hence we request the IBA to consider holding the meeting through video conferencing.

We are sending herewith the list of our participants and their place from where they would participate in the discussion.

Thanking you,

Yours faithfully,
(Sanjeev K. BANDLISH )
CONVENOR

Source: BEFI/ UFBU

Filed Under: Employees News Tagged With: 10th Bipartite Settlement, Bank, Bank Employees, COVID-19, Merger of Special Allowance

Reader Interactions

Comments

  1. Rampalli Prasada Rao says

    July 26, 2020 at 8:37 pm

    BANK RETIREES ISSUES

    1. Improvements in family pension at par with Government & RBI pensioners Even though the Banks’ Pension Scheme was drawn on the lines of Government & RBI Pension Schemes
    2. 100% DA Neutralisation to Pre November 2002-Retirees: The Officer retirees in the Banks were getting tapered DA on their Basis pension.
    3. Pension Updation/Revision Pension scheme in the banks was introduced in 1995 with effect from 1.1.1986. Pension Regulation 35(1) provided that Basic pension and additional pension shall be updated in respect of those who retired between 1.1.1986 & 31.10.1987 as per the formula given in Appendix-I. Accordingly the updation was implemented.
    4. Medical Insurance Scheme for Bank Retirees The Department of Financial Services advised IBA & the Banks vide its letter dt. 24.2.2012 to evolve a medical insurance scheme – both for serving & retired employees.
    5. Reckoning of Special Allowance for Superannuation benefits In the last salary revision (wef 1.11.2012), a special allowance as a specified percentage of basic pay and also attracting DA was introduced. However, it was not reckoned for superannuation benefits viz. pension & gratuity

    Reply
  2. Rampalli Prasada Rao says

    July 26, 2020 at 8:41 pm

    AT LEAST I SINCERELY REQUEST ALL UNIONS TO BE UNITED LEAVING ALL IN THE INTEREST OF WE POOR RETIREES CAUSE AND AIM FOR ACHIEVING THE ELIGIBLE AND GENUINE RIGHTS OF WE BANK RETIREES. WE ARE LESS PAID PEOPLE THAN ANY ONE IN THIS COUNTRY

    Reply

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