11th Bipartite Settlement Scales of Pay for Workmen
As per the 11th Bipartite Settlement signed on 11.11.2020, the below pay structure for bank Clerical Staff and Sub Staff:
In modification of Clause 4 of Bipartite Settlement dated 25th May, 2015, with effect from 1st November, 2017 the scales of pay shall be as under: –
a) Fitment in the new scales of pay shall be on a stage-to-stage basis.
b) There shall be no change in the dates of annual increments because of the fitment.
c) In the case of Ex-servicemen category employees who have joined the Banks on and after 1st November, 2017 up to the date of this Settlement, the fixation/fitment in the pay scales already given/eligible to be given under the Settlement dated 25th May, 2015 shall be refixed as per the provisions of this settlement.
d) All employees belonging to sub-ordinate cadre shall be eligible for one extra increment for passing JAIIB and two increments for passing CAIIB examination w.e.f 1.11.2017.