Revision in Pension of employees who retired on or after 01/11/ 2017 consequent upon the wage revision as per 11th Bipartite Settlement and 9th Joint Note dated 11.11.2020 Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/ HR&IR/2020-2 1/XIBPS/ G2/9813 April 12, 2021 Designated Officers of Member Banks which are parties to the 11th Bipartite Settlement/ Joint … [Read more...] about 11th Bipartite – Revision in Pension of employees who retired on or after 01/11/ 2017
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11th Bi-Partite Settlement Leave Fare Concession
11th Bi-Partite Settlement Leave Fare Concession(LFC) (i) In partial modification of Paragraph 19 of Bipartite Settlement dated 25th May, 2015, with effect from the date of this Settlement, leave fare concession payable will be the actual return railway fare or steamer fare incurred by the workman and members of his family subject to the following: a) For availment of leave … [Read more...] about 11th Bi-Partite Settlement Leave Fare Concession
11th Bi-Partite settlement for Hill and Fuel Allowance
11th Bi-Partite settlement for Hill and Fuel Allowance In partial modification of Clause 12 of the Bipartite Settlement dated 25th May 2015, the Hill and Fuel Allowance shall be payable at the following rates with effect from 1st November 2017: a. At places situated at a height of 3000 meters and above 8% of pay (Max Rs.2250/-p.m) b. At places … [Read more...] about 11th Bi-Partite settlement for Hill and Fuel Allowance
11th Bi-partite settlement Leave Rules
11th Bi-partite settlement Leave Rules Privilege Leave Privilege Leave other than for the purpose of availing the Leave Fare Concession should be applied not less than 10 days before the proposed date of commencement of such leave. Privilege Leave taken on sick grounds when there is no credit in the sick leave account of the employee, will not be counted as an occasion of … [Read more...] about 11th Bi-partite settlement Leave Rules
11th Bi-Partite Settlement for Transport Allowance
11th Bi-Partite Settlement for Transport Allowance In partial modification of Clause 10 of the Bipartite Settlement dated 25th May 2015, with effect from 1st November, 2017, Transport Allowance shall be paid as under; All Clerical and Subordinate Staff Rs.600 per month with applicable DA thereon Note : (i) The Transport Allowance with applicable DA … [Read more...] about 11th Bi-Partite Settlement for Transport Allowance
11th Bi-Partite Settlement Project Area Compensatory Allowance
11th Bi-Partite Settlement Project Area Compensatory Allowance In partial modification of Clause 27 of the Bipartite Settlement dated 25th May 2015,w.e.f. 1st November, 2017, workmen in project areas shall be paid project area compensatory allowance as under: Project Area Group 'A' Project Area Group 'B' Clerical Staff - Rs.290/- p.m Clerical … [Read more...] about 11th Bi-Partite Settlement Project Area Compensatory Allowance
11th Bi-Partite Settlement for House Rent Allowance
11th Bi-Partite Settlement for House Rent Allowance In substitution of Clause 9 of the Bipartite Settlement dated 25th May 2015 with effect from 1st November 2017, the House Rent Allowance payable to subordinate and clerical staff shall be as under:- Area Rate as percentage of 'Pay' (No Minimum /No Maximum) At all Centres 10.25% … [Read more...] about 11th Bi-Partite Settlement for House Rent Allowance
11th Bi-Partite Settlement financial benefits effect dates
11th Bi-Partite Settlement financial benefits shall take with effect from the dates specified 11th BI-Partite the various provisions of this Settlement shall take effect from the dates specified hereunder, unless provided to the contrary and the financial benefits emanating therefrom shall be given effect to within a period of 90 days from the date of this … [Read more...] about 11th Bi-Partite Settlement financial benefits effect dates
11th Bi-Partite settlement – IBA
11th Bi-Partite settlement Conclusion of Discussions between Indian Banks Association and Workmen Unions Memorandum of settlement dated 11th November, 2020 between the Managements of 29 Banks as represented by the Indian Banks’ Association (37 Banks as on 1st November, 2017 and 29 Banks as on date of this Settlement on account of merger of Banks during the period) and their … [Read more...] about 11th Bi-Partite settlement – IBA
Dearness Relief from August 2020 to Jan 2012 to Surviving pre 1-1-1986 Retirees
Dearness Relief from August 2020 to Jan 2012 to Surviving pre 1-1-1986 Retirees Indian Banks Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/D/G2/2020-21/9020August 3, 2020 Designated Officers of all Nationalised Banksand State Bank of India Dear Sir/Madam Dearness Relief payable for the period August 2020 to January 2021 to surviving pre 1-1-1986 retirees of banks … [Read more...] about Dearness Relief from August 2020 to Jan 2012 to Surviving pre 1-1-1986 Retirees
Dearness Relief to pensioners from August 2020 to January 2021
Dearness Relief to pensioners from August 2020 to January 2021 Indian Banks Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/D/G2/2020-21/9010 August 3, 2020 Designated Officers of all Member Banks which are parties to the Bipartite Settlement on Pension Dear Sirs, Dearness Relief payable to pensioners for the period August 2020 to January 2021 The confirmed All … [Read more...] about Dearness Relief to pensioners from August 2020 to January 2021
Bank employees/officers DA Aug, Sep & Oct 2020
DA for Workmen and Officer Employees in banks for the months of August, September & October 2020 Indian Banks' Association HR & Industrial Relations No.CIR/HR&IR/76/D/2020/9018 August 3, 2020 All Members of the Association (Designated Officers) Dear Sir/ Madam, Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & … [Read more...] about Bank employees/officers DA Aug, Sep & Oct 2020
Bipartite Settlement and Workmen Unions and Officers’ Association on wage revision
Indian Banks' Association Minutes of the disscussions held on 22nd July, 2020 between IBA representating Management of banks which are parties to the Bipartite Settlement and Workmen Unions and Officers' Associations on wage revision Discussions were held between the Indian Banks' Association representing Managements of banks and the authorized representatives of workmen Unions … [Read more...] about Bipartite Settlement and Workmen Unions and Officers’ Association on wage revision
Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2020
Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2020 HR & Industrial RelationsNo.CIR/HR&IR/76/D/2020/01 May 1, 2020 All Members of the Association(Designated Officers) Dear Sir/ Madam, Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2020 under X BPS/ Joint Note … [Read more...] about Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2020
IBA Circular – Dearness Allowance for Workmen and Officer Employees in banks for the months of May to July 2019
IBA Circular - Dearness Allowance for Workmen and Officer Employees in banks for the months of May to July 2019 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2019-20/7217 May 2, 2019 All Members of the Association (Designated Officers) Dear Sir/Madam, Dearness Allowance for Workmen and Officer Employees in banks for the months of May, … [Read more...] about IBA Circular – Dearness Allowance for Workmen and Officer Employees in banks for the months of May to July 2019