Wednesday, May 13, 2015

Bank Bipartite likely to be signed on 22nd May

UPDATE (20/02/15) : CLICK HERE FOR SCALES 
Some inside information about revised wage of officers
It is learnt from various sources that details of wage revision has already been finalized and the bipartite agreement may be inked on 22nd May 2015.
We have been able to gather some information about the revised wage of bank officers. Though we do not have any particular details about workmen but it can be assumed that it will be in the same line as of the bank officers. 

It is learnt that the new Basic Pay will be approximately 1.66 times the present basic pay.  The revised Basic Pay is expected be from Rs.24,000 (Officer in JMGS I at the first stage of the scale) to Rs.86,400.

Number of Stagnation increments may also be increased.

It is understood that a new Grade Pay will be introduced.  It will be at 7% of the revised Basic Pay for officers up to MMGS III, at 11% for officers in SMGS IV and SMGS V and at 12% for TEGS VI and TEGS VII. 

While this Grade Pay may attract D.A., it may not be reckoned for computing HRA, CCA, PF, Pension and Gratuity.   It will also affect our future pay scales whenever any revision is made. However, there is no final word on this point.

New D.A. slab is said to be at 0.10% per slab of 4 points in 1960 series of AICPI - IW.

HRA is expected to be at 8%, 9% and 10% respectively, depending on the population group.

CCA is expected to be 3% (Max: Rs.650) for lower CCA Centres and at 4% (Max: Rs.900) for higher CCA centres.

FPP is expected to be at last increment drawn plus D.A. at 60.15% thereon.  For people drawing HRA, HRA amount may also be included in FPP.  It is yet to be made clear.

PQP -1 is expected to be at Rs.670 and PQP-2 is said to be at Rs.1,680.
Medical aid is expected to be Rs.8,300 for officers up to MMGS III and Rs.10,200 for officers in SMGS IV and above.

6 comments :

Freny Hirpara said...

Source ???

mithra swagath said...

thanks for the post


Govt Jobs ~ Latest updates

Anonymous said...

सूचना शेयर करने के लिए धन्यवाद

Anonymous said...

One thing is clear that the bankers are the worst affected people here.You want them to earn for the government..help in upliftment of our people..want them to do all odd jobs which are the responsibility of government and are not handled by govt deptts.Still you treat them as Slaves

Atal Pension Yojana said...

Expect NPS and Atal Pension Yojana, which is best Pension Plans in india right now available? since i am tax payer i can't get it with atal pension yojana.

avinash kumar said...

Thanks for the Post..

Employment News This Week

Contact Us

Viewers may share any information with the administrator in this email shyamali00@gmail.com
Any news, if approved, may be published in this blog under his /her name.

.................RECENT HEADLINES

Related Posts with Thumbnails

Blog Archive

Bookmark This Page

Bookmark and Share
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "shyamali00@gmail.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.