DA for Bank Staff and Officers from Nov 2018 to Jan 2019 Dearness Allowance for Bank Staff and Officers from Nov 2018 to Jan 2019 under 10th Bipartitie Settlement and Joint Note Dated 25.5.2015 DA Orders issued by IBA on 1.11.2018 HR & Industrial Relations No.CIR/HR&IR/76/D/2018-19/6194 November 1, 2018 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of November, December 2018 & January 2019 under X BPS/ Joint Note dated 25.5.2015 The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended September 2018 are as follows:- The average CPI of the above is 6871 and accordingly the number of DA slabs are   607 (6871­ – 4440 = 2431 / 4 =  607  Slabs)   The last quarterly Payment of DA was at   541 Slabs.   Hence there is an increase in   DA slabs of 66, i.e 607 Slabs for paym...

Discussions with IBA on Medical Insurance Scheme ALL INDIA STATE BANK OFFICERS’ FEDERATION (Registered under the Trade Unions Act 1926, Registration No: 727/MDS) State Bank Buildings, St. Mark’s Road, Bangalore – 560 001 CIRCULAR NO.86 DATE: 10.08.2018 TO ALL OUR AFFILIATES/MEMBERS: DISCUSSIONS WITH IBA ON MEDICAL INSURANCE SCHEME We reproduce hereunder the text of AIBOC Circular No.57 dated 9th August, 2018 contents of which are self-explicit. (Y.SUDARSHAN) GENERAL SECRETARY CIRCULAR No. UFBU/2018/14 Date : 08-08-2018 TO ALL CONSTITUENT UNIONS/MEMBERS Dear Comrades, DISCUSSIONS WITH IBA ON MEDICAL INSURANCE SCHEME As already informed to units, bipartite meeting was held today between IBA and UFBU regarding renewal of our Medical Insurance Policy for serving employees/ officers as well as for the retirees for the ensuing period 2018-19. IBA team was represented by Shri Rajkumar, Dy. Chief Executive, Shri S K Kakkar, Sr. Advisor (HR&IR), and Shri K ...

Anomaly in computation of Pension – IBA Circular Anomaly in computation of Pension Civil Appeal No. 5525 of 2012, Filed in the Hon’ble Supreme Court of India by Bank of Baroda & Ors with other Civil Appeals. HR & INDUSTRIAL RELATIONS No.HR&IR/2018-19/G2/4829 April 6, 2018 Chief Executives of Member Banks which Are parties to the 7th Bipartite Settlement Dear Sir/Madam, CORRIGENDUM Anomaly in computation of Pension Civil Appeal No. 5525 of 2012, Filed in the Hon’ble Supreme Court of India by Bank of Baroda & Ors with other Civil Appeals. Please refer to our circular No. HR&IR/2018-19/G2/4786 dated 3rd April 2018 on the captioned subject. 2. There is a typographical error in the date mentioned in para (I) of the above circular. Kindly read as under- ” On 29-10-1993, a Bi-partite Settlement was signed at Industry level between India Banks’ Association (representing member Banks) and Workmen Unions (representing Workmen) under the provisions of Industrial Dispute Act, 1...

2nd Option of Pension for Compulsorily Retired Officers/Employees Indian Banks' Association HR & INDUSTRIAL RELATIONS No.HR&IR&HR/CIR/G2/BRK/4684 March 16, 2018 Chief Executives of Member Banks which are parties to the Bipartite Settlement Dear Sir/Madam, 2nd Option of Pension for Compulsorily Retired Officers/Employees The United Forum of Bank Unions (UFBU) representing workmen and officers in Banks were requesting to allow another option to those Who were in the service Of the Banks prior to 29th September, 1995 in case of Nationalized Banks / 26th March, 1996 in case of Associate Banks of State Bank of India and continued in service on or after that date and did not opt for pension when offered as per the scheme. 2. After holding various rounds of discussions in the matter, consensus was arrived at between the parties and a Bipartite Settlement/Joint Note was signed on 27.4.2010 to extend another option of pension to those Workmen / Officers who:- (a) were in the ser...

Wage Negotiation: Negotiating Committee Meeting with Unions / Associations "Meeting of UFBU will be held on 23 Feb to discuss present Bkg. scenario & to formulate next course of action for wage settlement A Meeting of UFBU will be held on 23rd February 2018 at "Tarak Illam", Central Bank Union Building, Ameerjan Street, Off Choolaimedu High Road, Nungambakkam, Chennai to discuss the present banking scenario and to formulate next course of action in the matter of 11th Wage Negotiations." Indian Banks' Association HR & INDUSTRIAL RELATIONS No. HR&IR/UFBU/XIBPS/4539 February 17, 2018 Shri Sanjeev K. Bandlish Convenor United Forum of Bank Unions (UFBU) & General Secretary National Confederation of Bank Employees C/o State Bank of India, LHO Plot No.1, Sector-17A Chandigarh- 160 017 Dear Sir, Wage Negotiation: Negotiating Committee Meeting with Unions / Associations We draw your kind attention to our letter no HR&IR/UFBU/XIBPS/4476 dated 7th Febru...