Talks between IBA - UBFU not fruitful . In the absense of positive response in next ten days UFBU to go ahead with agitation porgram

Consequent to strike notice by UFBU and conciliation meeting held by Dy. CLC , a bipartite  meeting was held beween IBA and UFBU , at Mumbai on 24/07/12.  UBFU has issued a circular in this regard.

Click here to view UFBU circular

UFBU's strike call - IBA agrees to hold bipartite meeting

• UFBU’s STRIKE CALL
• GOVT. INTERVENES – CONCILIATION MEETING HELD ON 18TH JULY.
• IBA AGREES TO HOLD BIPARTITE MEETING ON OUR ISSUES
• HENCE STRIKE ON 25/26 JULY TEMPORARILY 
POSTPONED

Click here to view UFBU circular

Bank employees' strike on 25th and 26th July 2012 postponed

UFBU has  temporarily postponed / deferred the bank employees' proposed  strike on 25th and 26th July 2012.

Click here to view UFBU circular

Pension option to Left over retirees ( VRS Optees, Compulsory retired employees )

Government of India has agreed to give pension option as per the settlement of 2010 to the left over categories of retirees like compulousarily retired employees VRS optees etc.
About 6000 past retirees will be benefited by this decision.

  IBA will issue detailed circular in this regard shorty.

Source: AIBRF website 

 

Pensionary benefits to employees who have resigned after completing 20 years of qualifying service -

Recently, the Hon’ble High Court of Karnataka at Bangalore, in a landmark Judgement in the case of WP No. 24158 – 24160/2011, Vijaya Bank Vs. Sri.C.Narasimhappa, have ordered that the petitioners, who resigned from service of the Bank, are eligible for pensionary benefits as they have completed the minimum qualifying service of 20 or more years of service, though they have resigned from service of the Bank. The Hon’ble Court has averred that merely because the petitioners have resigned from service of the Bank, they cannot be denied the pension benefit.’

In this regard AIBOC has taken up matter with IBA , urging upon them to honour the verdict of the Hon’ble High Court and instruct all the Banks to pay pension to all the officers who resigned from the service of the Bank.

 Click here to view AIBOC circular.