11th Bipartite Settlement Updates : Small Committee Meeting with IBA on 18th August

On Saturday, 18.08.2018 Small Committee Meeting was held at IBA Office Mumbai. The Meeting went on for about 3 hours. 

Management side was led by Mr. G. Rajkiran Rai, M.D. of Union Bank.

Ancillary Demands were discussed. Broad Understanding was reached on a few issues. "Things have started moving now", was the experience. 

Issues Discussed :

D. A. FORMULA : Unions are asked to submit detailed note on their suggestion on this.

House Rent Reimbursement : On the basis of Rent Paid Receipt. Since cost is involved, the issue will be discussed at main Negotiating Committee level.

 Transport Allowance : Marginal Increase agreed.

LEAVE MATTERS :
@ Notice period reduction to *10* days for PL other than LFC purpose accepted.

@  Enhancement in Accumulation of PL limit issue will be taken up at main Negotiating Committee Level.

@ Sick Leave : After service over 30 years, sick leave credit of 30 days on half pay  for each completed year accepted.

@ Sick Leave to Women Employees : For looking after sick child below 8 years of age may be permitted.

@ If Sick Leave fully exhausted, PL may be permitted ignoring no. of times PL availed in a year.

@ M. L. : Over & above max. limit on Maternity Leave, extra 2 Months leave may be given to cover cases of hysterectomy.

@ Paternity Leave : For adoptions may be permitted.

@ Extra Ordinary Leave : may be permitted upto 120 days per occasion. 

@ Management accepted BKSM demand 'to treat Absence during Curfew, Natural Calamities, Flood etc. as on duty/ Special Leave.

@ Leave Bank :  BKSM is asked to submit detailed note in this regard.

@ LFC Entitlement : Demand for enhancement in limit accepted. 
Clerks    : 2200 / 4400 km
Sub Staff : 2550 /5100 km
Provided they actually travel. For LFC on Declaration basis, existing limits will remain. 

@ Road Mileage Charges : enhancement accepted. From Rs. 6 per km to Rs. 8 per km.

@  Sightseeing & Local Charges : are accepted to be permitted in LFC provided they fall within overall LFC limit.

@  LFC GST : on ticket charges permitted.

@  Rajdhani / Shatabdi : Train fares accepted to be reimbursed if actually travelled in case of LFC.

@  BKSM suggestion for one more option to change over LFC Block from 2 to 4 years and vice versa accepted.

@  On BKSM Demand for total exemption from Income Tax on Entire Retirement Benefits , IBA may discuss it in Management meet and convey matter to appropriate Govt authority.

@  Five Day Week : IBA agreed to write to RBI/Govt.

@  Increase in PF Contribution : IBA asked Unions to take up matter with individual Banks.

@  NPS : Service Charges levied on Employee's a/c to be borne by Bank. This demand of BKSM is accepted.

@  IBA agreed to  enhance Special Area Allowance.

@  Ceiling on Dependent's Income : IBA Accepted suggestion. May be up from present Rs. 10,000 to Rs. 12,000.

@  Other Allowances : Such as Cycle, Washing, Split Duty etc may be enhanced by 15 %. No decision on Diem allowance so far. Halting Allowance and Lodging Expenses may be enhanced.

@  Breakage Charges on Transfer : May be enhanced to Rs. 1650 & 1100 for Clerks & Sub Staff respectively.

@  Conveyance Allowance paid to Physically Challenged, Differently Abled Employees may go up from present Rs. 400 pm to Rs. *600* pm.

@  Voluntary Cessation of Service : IBA Refused to delete these provisions. But all those who have been imposed Voluntary Cessation so far, may be given Retirement Benefits such as Pension etc. Those who were removed from Service under this clause will be given a chance to Represent.

@  There was just suggestion for Common D.A. Index for all Pensioners. It did not move further.

@  Uniform Salary Fitment for ex - Servicemen joining Banks : IBA to take up with Govt of India.

XI th Bipartite Settlement Main Negotiating Committee meeting may take place around 5 th September. 

Things have started moving. Let the outcome come early and in good shape.

Thank You.  

VILAS GHUGARE
General Secretary

Bank Karmachari Sena Mahasangh
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