9TH BIPARTITE SETTLEMENT PDF

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All constituents of UFBU participated. Discussion remained inconclusive. After a lot of discussions, the following points emerged today: 1.

Demand on 5 Day Banking will be taken forward by further discussions. Addtional Encashment of Privilege Leave 5 days per year. Improvement in Family Pension 6. Revised offer on PLI was given at 1. IBA agreed to discuss all other issues through further discussions. CLC advised further talks to be held by iba. Iba agreed to call for the talks. Sanjay Kumar Director and Sh. Nand Kumar Under Secretary were present and stated that the matter involved needs to be discussed at the bilateral level between the IBA and federations and also to be resolved at the bilateral level.

Conciliation officer and CLC C expressed his opinion that all the points of discussion persisting can be resolved only through continuous dialogue and communication and accordingly advised both management and office bearers to sit together expeditiously and discuss the unresolved issues for having amicable resolutions in the matter. The joint discussion may continue not only for a single day but parties may have several rounds of discussion sincerely to sought out differences positively in the next 15 days and were requested to apprise the conciliation officer about the progress on 5th March Strike stands.

So 2 days strike on 31 Jan and 1st Feb confirmed. Accordingly IBA held a round of bipartite meeting in Mumbai. But he did not agree to the demands of the Unions like bank holidays on all Saturday and Sunday. Merger of special allowances with basic pay. Hence the talks ended as a failure and unions decided to go ahead with the strike for 2 days on 31 jan and 1st Feb.

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Nineth Bipartite Settlement

Dearness Allowance: With effect from Provident Fund : a. The employees,presently covered under the Pension Scheme and those who will join the Pension Scheme in terms of option being made available under Settlement dated Employees, presently covered under Contributory Provident Fund Scheme who do not opt for Pension Scheme being made available under the Settlement dated There shall be no Provident Fund to employees joining the services of banks on or after

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