Glimpses of Signing Ceremony of 9th Bipartite ; Salary Revision and Pension Option It is a momentous and historical settlement signed by. AIBOC and other . Basic Pay Chart and Pay Scales of bank officer with annual increment in Pay Scales. 7th Bipartite Settlement, 8th Bipartite Settlement, 9th Bipartite Settlement. Salient Features of Bank employees 9th Bi-partitement Settlement of wage ( salary) (Pay) Revision.

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It is painful that a bank officer is being paid less than a clerk of govt.

Indian Banks 9th Bipartite Settlement

Sections of this page. Within the maternity leave entitlement, women employees can avail 45 days special leave for undergoing hysterectomy operation. Existing Special Pay will be revised and arrears paid for both clerks and subordinate staff. The Settlement will be effective from November settkement October Pages Home Charter of Demands- 9th bipartite.

Next discussions on 9th and 10 th April Latest news on 9th bipartite settlement.

Indian Banks 9th Bipartite Settlement: Officers new pay

Saturday, April 3, Payscale – Officers. Compensation for losses due to breakage or damage to goods on transfer: In Randhir Singh Bipartitte. Project Area Compensatory Allowance: Thus they are milking the Bi-partite settlement for Rs. Under the Settlement all the remaining 2,60, employees and officers who are now covered by CPF would be given a chance to join the Pension Scheme.


Present Special Pay holders: What to talk of lfficers sub-staff 4th class in banks. Email or Phone Password Forgot account? It is said that bank employees can not be given benefit of VIth pay Commission recommendations as they get wage settlement every five year whereas paycommission recommendations are implemented once in 10 years.

Indian Banks 9th Bipartite Settlement

For Clerks and Substaff. Bank Officers Association Public Figure. Ministry of Finance, Government of India. Settlement will be signed on The Settlement is preceded by 30 months of negotiations between the IBA and the unions. Hence a Bipartite Settlement for officers cannot attain overriding effect on Pillai Committee. It was decided that after finalising the draft settlement, the signing of the same should be completed by 15 th April, Upto monthly income of Rs.

Let the corruption increase, the govt. Fr India Marketing Pvt. Major A class cities – 8.

Unions never demanded parity with VI Pay Commission. Upto 15 th Stage: What is your openion on settlement?

Actual road mileage cost or Rs. Upto 3 hours per week: Tuesday, April 27, 9th bipartite signed on 27th April Lump sum November, to April, Upto 3 hours per week: Because of very low salary and hard working conditions, many candidates who apply for a bank job on coming to know about salary structure either do not appear in the test or not join after being selected or leave after joining.


Unions do not represent retired employees. Will be revised based on new basic pay.

In the talks held between IBA and Unions understandings were reached on the various service conditions and the chart on distribution of the total increase of Rs. When compared with the pay package of international banks, the Indian banks pay least to their employees.

For subordinate staff Once in 2 years – km Once in 4 years – km For clerks Once in 2 years – km Once in 4 years – km. The Pillai Committee was duly constituted by the govt.