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7TH BIPARTITE SETTLEMENT PDF

5th, 6th & 7th Bipartite Retirees. Category of 5th Bipartite The ceiling of Pension be raised to Rs. /- p.m. bipartite settlement was originally reckoned. (A), The Indian Banks’ Association (IBA) on behalf of its member banks named in the respective Schedule, signed settlements with the All India Bank Employees’. 7th Bipartite Settlement pdf download. Memorandum of Settlement dated 27th March, Seventh Bipartite Settlement on Wage Revision and.

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Operative correction for high myopia cases; and. D 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.

Where quarters are provided, HRA settleent not bipxrtite payable, and the rent to be recovered shall be 2. As a result when every Pensioner in the setttlement and also in SBI belonging to other Bipartite Settlements is getting pension as per the last drawn actual Basic Pay, only those retired under 7th Bipartite Settlement in SBI are getting Pension on a reduced notional Basic Pay, that too under an adverse slab system.

Cycle allowance not be paid to a workmen member of the subordinate staff entitled to the allowance for the period of leave where such leave exceeds 30 days. In partial modification of Clause 5 of Bipartite Settlement dated 27 th March, both clerical and subordinate staff including permanent part-time employees on scale wages shall be eligible for six stagnation increments w.

Normally, the workman and members of family should avail of services of hospital as mentioned in paragraph 4 above. In partial modification of Clause 9 of the Bipartite Settlement dated 14th February, and Clause 2 of the Bipartite Settlement dated 14th December, the nomenclature of “Conveyance Allowance” shall be termed as “Transport Allowance” and the same shall be paid Rs.

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.

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The Settlement dated 14th December was co-terminus with the Settlement dated 14th February, 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 From his present place of posting.

Banks may, arising out of technology, review the existing jobs, and work processes, systems and procedures and re-engineer them. During the day time. The parties thereafter negotiated the aforesaid demands and issues on several occasions and have now reached bipargite agreement as set out hereinunder in full satisfaction settlemet their demands.

During the night time. 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.

7th Bipartite Settlement pdf download

To transit cash from the bank to an office outside or vice. Jaslok HospitalMumbai. The procedure to be followed respect of reimbursement of expenses incurred by the workmen zettlement their families on treatment abroad shall be as laid down in Annexure-III hereto.

However in cases of hospitalisation involving special or major operations, medical expenses bioartite for a period not exceeding 45 days of post hospitalisation will be considered for reimbursement, subject to medical advice. Payment of Overtime Allowance.

The total number of such employees is also very small and the additional burden by this will be very negligible. Scales of Pay In supersession of Clause 4 of Bipartite Settlement dated 14th February, and Clause 1 of Bipartite Settlement dated 14th Decemberbipartute effect from 1st November, the scales of pay shall be as under: Viii To make efforts and effect recoveries up to amounts not exceeding Rs.

7th Bipartite Settlement pdf download — BANK EMPLOYEES NEWS

The agreement reached as aforesaid shall amend, modify and supersede the relevant provisions of the Awards and the Settlements wherever referred to in this Settlement. The overtime allowance paid to the employees for the overtime work performed uptil 31st March shall not be recalculated on account of this Settlement. This provision shall take effect from the date of the Settlement.

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Samaritan Hospital Alwaye Kerala. Thanking you, Yours sincerely, A. In respect of employees who had received their fifth stagnation increment on and from 1 st Novemberthe sixth stagnation increment shall be released on and from 1 st November In super session of all earlier provisions relating to Special Area Allowance, w.

Failure to do so shall be treated as a gross misconduct. Increment Component of FPP. Places with population of 2 settlemeng and over [other than places in 1 above] and State Capitals and Capitals of Settlemeent Territories. In substitution of Clause 17 of the Bipartite Settlement dated 27 th March,with effect from 1 st November, the reimbursement of medical expenses under medical aid scheme shall be restricted to an amount of Rs. This is in addition to bed charges.

In substitution of Clause 7 of Bipartite Settlement dated 27 th March with effect from 1 st Novemberthe dearness allowance shall be payable as per the following rates: There will be no retrenchment on account of computerisation.

This has made us to wonder how these humanitarian issues of the aged and very aged Bank Pensioners can be ignored. IBA, however, reiterated its inability to extend the present pension scheme to those who had not opted bpartite pension.

In case it is not administratively possible for bioartite bank of repatriate the employee to his original center after the above period, the employee may be required to give 3 centres of his choice so that he can be transferred to any one of the centres opted by him.

Wadia Institute of Cardiology, Pune. Central Committee Members of All India. Realignment of Pension to the Retirees retired under 5th to 8th Bipartite Settlements though recommended by the Bank in the yearit did not receive the approval from the Government of India even though such recommendations fall within the Pension Fund rules of SBI.

Maximum of — i.

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