Bank Employees Wage Revision Settlement – 11th Bipartite Settlement – Salary revision once in five years for bank staff – Bank Unions Talks with IBA
UFBU said that we are happy to inform that in the meeting held on 22nd July 2020 between IBA and UFBU, broad understanding has been reached and MOU has been signed. On 22.07.2020 IBA Chairman informed UFBU that IBA is agreed to improve Family Pension to uniform 30% for all without any ceiling On 22.07.2020 … Read more
All India Bank Officers Association presents Pay & Arrears Calculator for Bank Officers AIBOA has presented a new updated pay and arrears calculator for bank officers through on its official website. Please click here to download the Pay & Arrears Calculator Joint Note to be signed between Officers Organisations and IBA As soon as the … Read more
11th Bipartite Settlement Latest News – 15% salary Hike for Bank Employees The 11th Bipartite Settlement was a meeting between the Indian Banks’ Association and the All India Bank Employees’ Association in order to discuss and agree upon a new wage structure for bank employees in India. This was the 11th time that such a … Read more
LFC 10th and 11th Bipartite Settlement As per 11th BI-Partite Settlement Dated on 11 November 2020, the new Leave Fare Concession (LFC) rules for Bank Subordinate and Non-subordinate Staff with effect from 1st November 2017. Leave Fare Concession in 10th BPS LFC can be availed by Travel by train up to entitled distance, or By … Read more
11 Bipartite Settlement for Bank Employees and Officers Complete Details of New Pay Scale, Stagnation Increment, Dearness Allowance, House Rent Allowance, Transport Allowance and Special Allowance Pay scale Structure for Bank Employees after 11th Bipartite Settlement Clerical Staff 17900 1000 20900 1230 24590 1490 30550 1730 3 3 4 7 42660 3270 45930 1990 47920 … Read more
Salary Chart of PSU Bank After 11th Bipartite Settlement What is the minimum basic salary after 11th BPS? Rs. 17900 is the minimum basic salary after 11th BPS for bank employees. Clerk Salary After 11th Bipartite Settlement Bank Officers Wage Revision Chart after 11th BPS 11th BPS Settlement Fitment Factor Fitment shall be stage-to-stage, i.e. … Read more
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: – … Read more
11th Bipartite Settlement for Bank Officers and Workmen Dated 11.11.2020
As per the BEFI report, the negotiation has reached a final stage. BANK EMPLOYEES FEDERATION OF INDIA NARESH PAUL CENTRE 53 Radha Bazar Lane (1st Floor), Kolkata – 700 001 e-mail: pradipbefi@yahoo.co.in website: www.befi.in (Ph): 033-22254414/22365108 (M)9433144271 Circular No.76/2020 8th November 2020 To all Units, Affiliates, Office Bearers, CC & GC Members Dear Comrade, CC … Read more
The point of dispute is with percentage of special allowance which is almost certain to increase from its existing 7.75%, 9% and 10%. This clearly exposes the design of IBA to deny merging special allowance with basic pay as “subjudice‟ matter. Now, IBA did not find any problem in increasing the percentage pushing it further … Read more