Discussions held between IBA and Officers Organisations at Mumbai on 25th February 2010
Proposal I: 15000 Incr. 600-700-800-900-1000-1100-1200-1300-54400.
Proposal II: 14200 Incr. 650-700-800-900-1000-1100-1200-1300-54400.
HRA: 6% - 7% - 8% CCA – Existing Rates & Quantum to continue.
Stagnation Increments: Additional as demanded by Officers Organisations not possible due to cost constraints.
Pension: Effective date to be from date of settlement only.
Pension Cost Calculation: IBA sticks to its methodology.
HRA & Hospitalisation Costs: IBA unwilling to consider request of Officers Organisation to rework these costs.
Pension Settlement: IBA to give draft agreement to Officers organizations shortly.
Residual Issues: Officers Organisations to submit list to IBA shortly.
Officers organization agreed to respond to IBA on these proposals in the next meeting.
No date has been decided for next meeting with IBA. IBA desires early finalization of exercise but its approach not very flexible/conducive for the same. Stalemate position continues on almost all major points, since IBA is refusing to consider our joint proposals.
AIBOA has made it clear that all proposals regarding Pension Costing like SBI Balancing, Cost of Pension and date of effect will be decided on the basis of UFBU decision as this issue is decided earlier through MoU with IBA.
Developments will be informed in due course.
Source - AIBOA Website
I think this meeting is only a eyewash.settlement is never going to happen
ReplyDeleteSHAME SHAME SHAME ON ALL PARTIES TO THE SETTLEMENT
ReplyDeletePOOR AND SORRY STATE OF AFFAIRS
GOD WILL PUNISH THE CONCERNED PARTIES DURING THEIR LIFE TIME
CURSES OF LAKHS OF EMPLOYEES AND PENSIONERS ON THEM ONLY WHOEVER IT IS AT FAULT
The dirty game continues.Leaders have made the Bipartite discussions a mockery and one cannot hope they will finalise the settlement in near future for the reason best known to them.90 Days time frame is over and the sanctity of MOU is also lost.Leaders of the union should understand that days are not far off to see their exit.What for they are playing with lives of few lakhs of bankmen and retirees?
ReplyDeleteThe IBA is very clever,having understood that the members are not happy with the so called leaders who are making a mockery issue, who are not able to work out a plan and go for every meeting and say we have workout the cost, which cost we don't understand. Now the pressure is on the leaders and getting a good settlement from IBA is a long short.
ReplyDeleteThe leaders will now have to accept what IBA offers, as they cannot go for any agitation as members would not cooperate now.
Kudos to all leader for fighting a loosing battle, but still alive.
Pension settlement should be first priority of the parties to the settlement.
ReplyDeletemay be that final settlement will take place on some next date , but atleast it should be agreed that signing of settlement will be presumed that it was signed on w.e.f 25.02.10-the date when 90 days to the MOU lapsed. this date should be treated for all required purposes. thanks
Militancy among trade unions as far as this settlement is concerned is totally lost. They are dancing to the tunes of IBA/Govt. The same situation if prevailed will be detriment to the interest of present/prospective bank employees and pensioners as well. The bank job which is already
ReplyDeleteloosing charm amongst the youngsters will be left with unskilled and people with poor educational background which is really fatal in the years to come.
Trade union leades and IBA should realise the preesent situation and act wisely.
For 60 months settlement period 29 months negotiations. A great job in deed. Our UFBU is seeking less than the IBA offered(ie) maxmium offered is 55400 and UFBU seeks Rs47400/-. so far they have not given a reason for seeking lower BP than IBA offered.
ReplyDeletethanks pl. raise your comments.
ReplyDeleteasok goel
pension settlement should be first because retirees inching death day day.
ReplyDeleteasok goel
More the delay more will be beneficial to both IBA and UFBU. Atleast few of the retirees die before the settlement effective date, by the way IBA need not pay pension to the retirees thereby they get more amount.UFBU will get more amount by way of levy if the amount of arrears is on the higher side.
ReplyDelete