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Bank Wage Revision 10th Bipartite : Scales finalized – RBI cleared holiday for 2nd & 4th Saturdays

May 20, 2015 admin 1 Comment

LATEST DEVELOPMENT ON WAGE REVISION

Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers

Bank Xth Bipartite : Scales finalized. RBI cleared holiday for 2nd & 4th Saturdays

Distribution Chart for 10th Bi-Partite Settlement Finalised:

  • Pay Scales: Substaff- 9560 to 18545 + 8 Stagnation Increments (each after 2 years)
  • Clerical- 11765 to 31540 + 8th Stagnation Increments (1st to 5th- each after 3 years, 6th to 8th- each after 2 years)
  • 8th Stagnation Increment w.e.f . 01.05.2015
  • D.A.: 0.10% Per Slab
  • HRA: 10%, 9% & 7.5%. Only 3 Areas will remain (Last 2 Areas will be clubbed)
    (45 lacs and above: 10 % ; 12-45 lacs & Goa : 9 % ; other centres : 7.5 %)
  • Special Allowance: 7.75% of Basic Pay with DA
  • Transport Allowance: Upto 15th Stage of Scale- 425, 16th Stage & above- 470
  • Medical Aid: 2200
    Officers’ scale is going to be finalized shortly today (20/05/15)
  • RBI has cleared the proposal of IBA to declare 2nd & 4th Saturdays as holidays. The clearance has been sent to the Govternment for approval.
  • The joint note likely to be signed very soon, Most probably on 25th May 2015. Be with us for more news soon !

Source: paycommissionupdate.blogspot.in

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Filed Under: 10th bipartite settlement, 11th Bipartite, Bank Employees News

Comments

  1. R.Thandavakrishnan says

    May 21, 2015 at 12:05 pm

    I am one amoung the pre-2006 Retiree.s..After dismissing
    all SLPs,The Hon’ble Supreme court Bench directed the Pension
    Dept of central Govt to revise the pension of all pre-2006 retirees from 1-1-2006 and pay the arrears from 1-1-2006 to 23-09-2012 within 4 months from 17-03-2015.as requested by the counsel of central Govt. The previous Govt had already refixed the pension of all pre-2006 retirees as on 24-09-2012and arrears paid vide OM dated 28-1-2013..The pension already fixed on 24-9-2012 WILL NOT change on 1-1-2006.
    Hence the question of refixation of pension does not arise.

    The Dept has to issue an one line order that the date of effect mentioned in the OM dated 28=1-2013 is .MODIFIED as from 1-1-2006 TO 23-9-2012,and refixation is to be done as per the annexure enclosed with the OM dated28-1-2013..
    Morethan two months lapsed from the date of judgement.
    ORDERhas not been issued till date.Now my age is 8O. Similarly most of pre-2006 retirees are in the age group of 70 s,80 s.We are all expecting the arrears to clear the dues taken for the Higher education of children/marriage and
    medical treatment.IT will take minimum of 4 to 6 months to receive the payment,from the date of order.
    Will the authoritees may kindly arrange to issue the order
    without any further delay.?
    IF the Dept issue an intimation regarding at what stage the issue of the order stands in the Central Govt Employees News& tools website,all pre-2006 retirees will know the position.WILL THE DEPT DO THIS?

    R.Thandavakrishnan.

    Reply

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