Bank Employees Wage Revision UFBU Meeting 12.12.2018 In today’s UFBU meeting the discussion revolved around two issues: A) The issue of extending fraternal support by UFBU constituents to AIBOC on 21st December’18. B) The view of all constituents on the decision of AIBOC of not taking part in further talks, and also to seek opinion of each affiliate whether they would be taking part in talks should IBA convene any meeting. On the first issue, there was no unanimity amongst constituents, hence, UFBU Convenor left the decision to individual affiliates. We are happy to share that some affiliates openly expressed their support and also agreed to join the Dharna at Delhi scheduled on 14th December’18 AIBOC also categorically stated that in future we will also take a call on extending fraternal support, should any affiliate call for a strike or announce any agitational program. On the second issue, all other affiliates expressed that they would be joining future talks. UFBU ...

CABINET APPROVES REVISION IN THE WAGE STRUCTURE AND ALLOWANCES OF GRAMIN DAK SEVAKS (GDS) OF THE DEPARTMENT OF POSTS (1/2) Cabinet Decision June 06, 2018 The revision in the wage structure would entail an estimated expenditure of Rs 1257.75 crore (Non-recurring expenditure – Rs 860.95 crore and Recurring expenditure of Rs.396.80 crare) during 2018-19. 3.07 lakh Gramin Dak Sevaks will be benefitted by this wage revision. Details: Time Related Continuity allowance (TRCA) structure and slabs have been rationalised. The total GDSs have been brought under two categories viz. Branch Postmasters (BPMs) and other thanBranch Postmasters namely Assistant Branch Postmaster (ABPMs). The present 11 TRCA slabs will be merged into only three TRCA Slabs with two levels each for BPMs and other than BPMs. Introduction of new Time Related Continuity Allowance (TRCA) will be as below: Minimum TRCA of two types of proposed categories of GDSs as per working hours / levels S.No . Category M...