In todays (23rd Feb'15) wage revision talks held at Mumbai, under 10th BPS, by Bank Unions (UFBU) with IBA has settled at 15% hike (Rs.4725 cr) w.e.f 1.11.2012.
2nd and 4th Saturday's will be holidays and other Saturday's will be full working days. Strike deferred .
Now let us hope that retirees issues will also resolved in coming days.
Click here for IBA Circular
Were there any promises made by either the Unions or the IBA that they would take up retiree issues ? When the existing employees themselves have been given a paltry raise after so many strikes and negotiations, would they care about Pensioners ? As it is, the Govt., (any party !) is not in favour of giving a hearing to pensioners. Like you said we can only hope !
ReplyDeleteRegards
As pensioners, we are still in dark whether the parties have discussed any issues relating to pensioners.
ReplyDeletesivarama sarma
ex syndicate bank