6TH BIPARTITE SETTLEMENT PDF

October 13, 2019 posted by

Basic Pay Chart of Officers – (Settlement wise). S No. 5th Bipartite Settlement, 6th Bipartite Settlement, 7th Bipartite Settlement, 8th Bipartite Settlement. Wage Revision of banks employees’ is done through bipartite settlement between UFBU and IBA. 6th Bipartite settlement, , , 28 months. The Fifth Bipartite Settlement dt. , , , , Settlement on Pension & Computerisation dt. The Sixth BPS dt .

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Bank Clerk Pay Scales in India:1st, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th, 9thth Settlement

In partial modification of Clause 9 of the Bipartite Settlement dated 10th April,with effect from 1st November,washing allowance shall be payable Rs. In partial modification of Clause 15 a of the Bipartite Settlement dated 10th April, and Clause 13 of the Bipartite Settlement dated 14th February,the Hill and Bipzrtite Allowance shall be payable at the following rates with effect from 1st November, In supersession of Clause 15 of the Bipartite Settlement dated 14th February,the rate of Provident Fund shall be revised as under: In respect of employees who had received their fourth stagnation increment on or after 1st November, but before 1st November,the fifth stagnation increment shall be released on and from 1st November, Provided that fraction of a day of earned leave, if any, shall be taken as a full day.

In respect of Bank of Baroda, the provisions of the Awards as further modified by the Settlements dated 23rd December,19th December,1st August,31st October,21st April,8th September, seytlement, 17th September,5th January,10th April,29th June,16th July,29th October,14th February,14th December, and 28th November, shall continue to govern the service conditions of the workmen except to the extent the same are modified by this settlement.

All other places – Rs.

It is desirable that these imbalances in deployment of staff are corrected. At the lower CCA Centres i. Special compensatory provisions in respect of State Bank of India may be reviewed and settled at bank level.

Foboisu-federation of Bank of India Staff Unions

Clerical Staff 3 3 4 3 4 Note All other existing provisions relating to City Compensatory Allowance shall remain unchanged. All other existing provisions relating to Dearness Allowance Scheme shall remain unchanged. Clause 17 of the Fifth Bipartite Settlement dated 10th April,shall stand deleted.

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In supersession of Clause 1 of Bipartite Settlement dated 16th July, with effect 6tth 1st April,cycle allowance shall be payable to members of the subordinate staff who are required to use a cycle on sdttlement assignment for outdoor duties at the following rates: In respect of Indian Overseas Bank the provisions of the Awards as further modified by the Settlements dated 14th December,17th December,29th July,23rd March,1st August,31st October,21st April,8th September,17th September,5th January,10th April,29th June,16th July,29th T6h,14th February,14th December, and 28th November, shall continue to govern the service conditions of the workmen except to the extent the same are modified by this settlement.

In modification of Clause 14 of the Bipartite Settlement dated 14th February,with effect from the date of this Settlement, halting allowance shall be payable at the following rates setglement the days spent on duty outside the headquarters: The Unions put forward a demand for giving yet another opportunity to those employees who had not opted for pension earlier.

In partial modification of Para IX 3 of Bipartite Settlement dated 17th September,the following provisions shall apply with effect from the date of this Settlement.

Scales 6tj Pay, Dearness Allowance and consolidated wages to part time employees working for less than 6 hours per week. The clerical and the subordinate staff on reaching the maximum in their respective scales of pay shall draw FIVE stagnation increments at the rate of Rs. Special provision for State Bank of India. In substitution of Clause 6t of Bipartite Settlement dated 14th February with effect from 1st November, the dearness allowance shall be payable as per the following rates: The IBA also raised with the Unions, during negotiations, issues on behalf of the managements of the banks concerned, to be discussed and settled with a view to improving productivity, efficiency, customer service, discipline and maintaining harmonious industrial relations.

Clerical Staff a 0.

Payment of Overtime Allowance. Where quarters are provided, HRA shall not be payable, and the rent to be recovered shall be 2. The parties thereafter negotiated the aforesaid demands and issues on several occasions and have now reached an agreement as set out hereinunder in full satisfaction of their demands.

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Halting Allowance and all other items agreed to but not Date of covered by the above Clauses. In supersession of Clause 10 of the Bipartite Settlement dated 14th February,with effect from 1st April, The parties initially agreed after prolonged negotiations that the total quantum of wage increase arising out of a Settlement to be signed in this regard shall be Given the environment of competition in the banking industry gaining momentum day by day, it is imperative that the banks are well equipped with state of art technology to enhance customer satisfaction which in turn enhances efficiency and productivity.

Bank Clerk Pay Scales in India:1st, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th, 9th-10th Settlement

Split Duty Allowance, Cycle Allowance and Overtime Allowance It is clarified that while calculating the bipaartite for the period of the Settlement uptilif the net difference between the existing total emoluments and the revised total emoluments after Provident Fund deduction is negative, the same shall be ignored.

Provided further that an employee who has on or after 1. All other existing provisions relating to House Rent Allowance shall remain unchanged.

In substitution of Clause 8 of the Bipartite Settlement dated 14th February,with effect from settlmeent November, the house rent allowance payable shall be as under: Seftlement substitution of Clause 17 of the Bipartite Settlement dated 14th February,with effect from 1st November,the reimbursement of hospitalisation expenses shall be as agreed hereunder: The above provision will apply for crediting privilege leave from the Calendar Year The overtime allowance paid to the employees for the overtime work performed uptil 31st March shall not be recalculated on account of this Settlement.

In partial modification of Clause 4 of the Bipartite Settlement dated 28th November, with effect from 1st April,split duty allowance shall be payable as under: