UFBU CIRCULAR Dated 12.8.2013
Issued After Negotiation Meeting Of that date
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We reproduce hereunder the text of Circular No. UFBU/2013/04, dated 12th August
2013, under proper headings issued by United Forum of Bank Unions, the contents
of which are self-explanatory.
Bipartite talks with IBA: ******************
Another round of bipartite talks took place today
in Mumbai between IBA and UFBU on our demands for wage revision. IBA was
represented by their Negotiating Committee led by its Chairman Shri T M Bhasin.
UFBU was represented by all our nine constituent unions. The meeting condoled
the death of Com. R J Sridharan, Chairman, AIBOA, who was in the negotiating
committee till 9th Bipartite Wage Revision.
The meeting was held in a cordial atmosphere and
discussions were fruitful. In the day-long discussions held, satisfactory
decisions on some of the important issues could be arrived at. Continuing the
discussions of the last round of talks held on 7th June, 2013, we emphasised the
need for IBA to expedite and conclude the settlement in a time bound manner. We
also asked them to react and respond to the issues like date of effect for
commencement of the revised wages, consumer price index point upto which
Dearness Allowance is to be merged with basic pay for construction of revised
pay scales, quantum of wage revision, etc.
Date of effect: ************ In response, the IBA agreed that the new wage
settlement would be effective from 1st November, 2012 i.e. the date from which
the 10th Bipartite Settlement is due.
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Merger of DA for constructing revised Pay Scales: ********************************** IBA explained their constraints to consider merger
of Dearness Allowance at higher index points. After prolonged discussions and on
the insistence of the UFBU for merger of D.A at a higher level to enable
construction of Pay Scales in a reasonable manner looking to the Pay Scales of
employees and officers in comparable sectors, IBA agreed and conceded to merge
Dearness Allowance upto 4440 Consumer Price Index i.e. 401 slabs and construct
new pay scales accordingly.
Increase in wage load: **************** On the offer of the wage load increase, IBA wanted
to study the cost impact of the merger before responding. However, the UFBU
reiterated its demand that the offer should be exclusive of superannuation cost
and improvements in other welfare measures. IBA indicated that the same would be
kept in mind by them.
REIUBURSEMENT OF HOSPITALISATION EXPENSES: ************************************* To our demand for 100% reimbursement of
hospitalisation expenses incurred by the employees/officers for self and
eligible family members, IBA offered introduction of mediclaim policy facility
under which hospitalisation expenses would be reimbursed by the insurance
company upto Rs. 2 lacs for substaff, Rs. 3 lacs for clerical staff and Rs. 4
lacs for officers per year. Looking to the various implications of switching
over to the new scheme and the need to examine the pros and cons of the scheme,
we said that a detailed study is required on the contents of the scheme offered
before responding.
Management’s issues: **************** The management’s issues like introduction of cost
to company method, Fixed Pay and Variable Pay concept were discussed and UFBU
has given its strong views against the same. However, the matter remained
inconclusive.
Compassionate ground appointment Scheme: ********************************* Another vital issue, much dearer to all the bank
employees, which is relentlessly being pursued by the UFBU is restoration of
compassionate appointments in the Banking Industry. IBA informed us in today's
meeting that its recommendations for introduction of compassionate appointment
scheme on similar lines prevailing in Central Government for its employees has
been sent to Ministry of Finance, Govt. of India for its approval. No doubt, it
is an important step in the direction of restoring compassionate appointments in
the Banking Industry which is a long pending demand. While thanking the IBA for
the positive step taken in this direction, we earnestly hope that the Government
would accord its approval at the earliest.
Comrades, in today’s discussions, we could arrive
at conclusion on two vital issues i.e. date of effect and merger of dearness
allowance. We thank the team of the Negotiating Committee of IBA for this
forward movement in the discussions.
The date for the next round of discussions will be
decided in due course.
Sd.. M.V. MURALI CONVENER
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