Monday, March 4, 2013

Xth BPS for Bank : Meeting scheduled 4th March postponed

As per latest reports,  the  meeting fixed on 4th March 2013,between UFBU and  IBA on negotiations pertaining to  Xth BPS, has been postponed by IBA .Reason is ,due to some problems in compilation of data by IBA and non availability of some key members of negotiating team.
Next date will be informed by IBA shortly. 
Submittted by -Mohan.P

5 comments :

Sanjay Bhatt said...

Not surprised.

History repeated it self as always.

Salute to IBA officials.

Anonymous said...

I urge all the employees under NPS to demand old pension scheme for employees recruited after 1/4/2010 as there is no surety of the amount of pension under NPS.

Anonymous said...

The Bank Employees are not firm on their agitation, nor they aspire to acquire something by way of Agitation. So this is a common scenario and expect many such moments in the days ahead.

BALAN said...

Dear all,
WRITING ON THE wall is very clear . IBA started playing its routine postponing game even in a pre election year. The reduction of interest on deposits at the instant of their bosses, to senior citizens by SBI and PNB by 25 percentage points to improve the profitability is indeed very shocking to the fact the amount that may save will be much less when compare to the total deposits and profit figures that the banks are showing. Pensioners /vrs / da cases cleared by the court are all there in the queue on equal priority basis and IBA will definitely play in to the emotions of the staff and pensioners by quoting some imaginary figures as the total load and our great stalwarts begin to work on that .
The main cause of the fiscal deficit is due to the magnanimous pay out in the name of SIXTH PAY COMMISSION to state and central govt employees which makes the government to state on the floor of the house that there is no seventh pay commission at present. Our negotiators failed to reduce the gap that started since VII th bipartite and the gap between the class I officers and bank officers in the starting stage itself is more than 10000 rupees by taking the current DA of 80% with more or less the same CPI level. As against our starting pay of 14600 the Class I officer starting is 15600 plus grade pay of 5400 which is 21000.
Without any negotiation if the government simply give pay parity atleast now with the same CPI level with the government grade pay and their HRA pattern plus transport allowance e will improve the take home pay of officers by nearly 10000 which will be definitely more than the settlement which IBA may give after three years.
Let the government constitute a pay commission for bank employees also along with seventh pay commission if any that they may constitute in future .Pension up dation and other pension parity should be part of the terms of referenced as PILLAi COMMITTEE WAS accepted on the floor of the house by bringing down the status of bank officers to Class I officers stating tht general work and nature of compensation should be the same.
This bipatrtite negotiations which once gave enormous benefits to bank employees now become defunct . WHO IS TO BE BLAMED. ANSWEWR OR PINPOINTING IS DIFFICULT.
OR
LET THEM GIVE AN INTERIM RELIEF OF 30% OF BASIC PAY TO OFFSET THE PAY COMMISSION PARITY WITH EFFECT FROM 01 NOVEMBER 2012 AND CONTINUE THEIR NEGOTIATION LEISURELY
LET THEM ALSO IMPLEMENT THE PARITY IN DA 100% DA TO ALL PRE NOVEMBER 2002 PENSIONERS BECAUSE OF THE PRINCIPLE OF EQUALITY AND NATURAL JUSTICE AND ALSO OF THE VERDICT OF THE CHENNAI HIGH COURT WITHOUT GOIN G FOR APPEAL. EXECUTIVES RETIRED ARE DRAWING MEAGRE PENSIONS WHICH IS NO FAULT OF THEIRS.
K BALASUBRAMANIAN VRS 2001 SENIOR MANAGER

Sanjay Bhatt said...

UFBU GOING TO COMMIT SAME MISTAKE AGAIN LIKE PAST.

BEFORE GENERAL ELECTION YEAR 2014.


AFTER AUGUST'13 ???????????????????

?????? APRIL'2015.

U ALL BETTER UNDERSTAND THEN ME.

REGARDS.

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