FINAL UNDERSTANDINGS!

Today (03-04-2010) morning, as informed earlier, we had another round of talks between our five workmen unions and IBA. In today’s meeting, after detailed discussions, final understandings have been reached on the various service conditions and the chart on distribution of the total increase of Rs. 2577 crores to various heads has been finalised. It has now been decided that the next meeting will take place on 7th April, 2010 when the draft settlement will be taken up for finalisation. It has been further decided that after finalising the draft settlement, the signing of the same should be completed by middle of April, 2010.
Comrades, it is a major step today that we are nearing the final settlement. We urge upon our members to remain patient at this crucial hour as we are aware that many misinformed and misguided individuals are trying to create confusions and disaffection. Remain united, remain alert to keep such attempts at a distance.
Congratulations to all of you,
FINAL UNDERSTANDINGS!
1. Scales of Pay:
Clerical Staff: 6200 – 400 x 3 – 7400 – 500 x3 – 8900 – 600 x 4 – 11300 – 700 x 7 – 16200 – 1300 x 1 – 17500 – 800 x 1 – 18300.
Substaff: 5500 – 200 x 4 – 6300 – 250 x 5 – 7550 – 300 x 4 – 8750 – 350 x 3 – 9800 – 400 x 3 – 11000.
2. Stagnation Increment:
Clerical: 7 stagnation increments (800 x 6 once in 3 years & 800 (7th) after 2 years)
Substaff: 7 stagnation increments (400 x 7 once in 2 years)
Extended Pay Scales: (With Stagnation increment)
Clerical: 6200 – 18000 – 23900.
Substaff: 5500 – 11000 – 13800.
3. DA: 0.15% per slab over 2836 points.
4. HRA:
a) Places over 45 lacs : 10%
b) 12 to 45 lacs : 9%
c) 5 to 12 lacs : 7.5%
d) Below 5 lacs : 7%
5. Transport Allowance: (For Clerks and Substaff)
Upto 15th Stage: Rs. 225 per month
16th Stage and above: Rs. 275 per month
6. Special Pay:
For November, 2007 to April, 2010: Existing Special Pay will be revised and arrears paid.
From May, 2010:
•
Present No Special Pay holders : Rs. 1000/-
•

Present Special Pay holders : Rs. 1500/-
•


Head Cashier II : Rs. 1780/-
•


Special Assistant : Rs. 2180/-
(Note: Out of this, Rs. 1000/- will be added to Basic Pay and balance will continue as Special Pay.)
7. Fixed Personal Pay & PQP
Will be revised based on new basic pay.
8. Hill and Fuel Allowance:
a) Places – 3000 meters and above : 8% maximum Rs. 1295/-
b) 1500 – 3000 meters : 4% maximum Rs. 510/-
c) Over 1000 meters + Mercara : 3% maximum 410
9. Medical Aid: Rs. 2000/- per year
10. Hospitalisation Scheme: Being improved with revised schedule, etc.
11. Part Time Employees: (Lump sum)
(November, 2007 to April, 2010)
Upto 3 hours per week : Rs. 1030/-
3 to 6 hours per week : Rs. 1440/-
From May, 2010 : All will be brought to 1/3rd Scale wages.
12. Halting Allowance: Being increased
13. Washing Allowance: Rs. 100/- per month
14. Cycle Allowance: Rs. 75/- per month
15. Split Duty Allowance: Rs. 125/- per month
16. Project Area Compensatory Allowance:
Group A Centres /Group B Centres
Clerks : Rs. 205/- per month/Rs. 180/- per month
Substaff : Rs. 180/- per month/Rs. 150/- per month
17. Special Area Allowance: Being revised.
18. Reimbursement in Road Travel:
Actual road mileage cost or Rs. 3 per Km whichever is less.
19. Pension:
Another option will be given to all existing employees and those who have retired / died after pension regulation 1995 / 1996.
20. Gratuity:
Will be payable on revised Basic Pay from 1.11.2007
21. Provident Fund: 10% of pay from 1.11.2007
22. Definition of dependence under family: Upto monthly income of Rs. 3500/-
23. Compensation for losses due to breakage or damage to goods on transfer:
With Receipt/ Without Receipt
Clerks: Rs. 1120/- / Rs. 745/-
Substaff: Rs. 745/- / Rs. 560/-
24. Special Leave for Women:
Within the maternity leave entitlement, women employees can avail 45 days special leave for undergoing hysterectomy operation
25. Effective Date: 1st November, 2007"
Improvement in LFC:

Entitlement:

for Clerks - AC 2 Tier
for subordinate staff - AC 3 Tier

Distance:

For subordinate staff
Once in 2 years - 2500 km
Once in 4 years - 5000 km

For clerks
Once in 2 years - 2000 km
Once in 4 years - 4000 km



Following is the details of negotiation as per AIBOA version....
"Higher start of Basic Pay demanded but due to cost constraints, IBA not considered. Basic Pay Rs.14500/- - Rs.52000/-

2. Medical Aid –Rs.5100 / upto Scale III – above Scale III – Rs.6320/-

3. Stagnation Increment for Scale I, II and III – 2 increments

4. Next round of discussion on Residual Issues – 9th & 10th April 2010.

5. On common issues UFBU meeting with IBA on 12.04.2010 for finalizing Pension draft.

6. Settlement will be signed on 15.04.2010"

Some more details about Officers' Package

• Basic Pay Rs.14500/- - Rs.52000/-.
• Medical Aid –Rs.5100 / upto Scale III; Above Scale III – Rs.6320/-
• Stagnation Increment for Scale I, II and III – 2 increments.
• Next round of discussion on Residual Issues – 9th & 10th April 2010.
• On common issues UFBU meeting with IBA on 12.04.2010 for finalizing Pension draft
• Settlement will be signed on 15.04.2010
•
Scales:
JMGS-I - Rs.14, 500/- TO Rs.31, 500/- (including two additional stagnation increments)
MMGS-II - Rs.19, 400/- TO Rs.34, 200/- (including two additional stagnation increments)
MMGS-III - Rs.25, 700/- TO Rs.35, 100/- (including two additional stagnation increments)
SMGS-IV - Rs.30, 600/- TO Rs.36, 200/-
SMGS-V - Rs.36, 200/- TO Rs.40, 400/-
TEG-VI - Rs.42,000/- TO Rs.46,800/-
TEG-VII - Rs.46,800/- TO Rs.52,000/-

DEARNESS ALLOWANCE :- For every 4 points rise/fall in index, Dearness Allowance at 0.15% per slab.
CITY COMPENSATARY ALLOWANCE : We have freezed the existing CCA and utilized the amount towards
improvement in Basic Pay. Accordingly, CCA rates will be as under;

Places in Area I - 4% of Basic Pay, Max. Rs.540/- p.m.
Places with population of more than 5 lacs - 3% of Basic Pay,
Max. Rs.375/- p.m.

HOUSE RENT ALLOWANCE
We have retained the existing rate of HRA as under:
Major A class cities - 8.5%
Other places in Area I - 7.5%
Other places - 6.5%

MEDICAL AID –
For officers other than SBI, the medical aid has been enhanced as;
Scale I to III – Rs. 5100/- p.a.
Scale IV & above - Rs. 6320/- p.a.

STAGNATION INCREMENTS:

It is a fact that majority of senior officers in Scale I to III are stagnated as promotions are linked to vacancies. Hence, we have ensured to add two additional stagnation increments in these scales.

Date of Effect : 1st November 2007.