UFBU Circular dated 19/01/2015,
reads as follows
QUOTE: “IBA ASSURES EXPEDITIOUS WAGE SETTLEMENT
FOUR DAYS’ STRIKE FROM 21ST
JANUARY 2015 PUT ON HOLD
In our previous Circular, we have informed that while agreeing for
formation of Sub-Committees for other issues relating to wage revision,
we had suggested for holding of Meetings of Sub-Committees immediately
without any loss of time. Accordingly, IBA called for Sub-Committee
meetings on 14th
January 2015 to discuss on issues relating to demands of Officers as per
charter of demands and on 19th
January 2015 to discuss on Health Insurance in lieu of Reimbursement of
hospitalisation expenses and issues relating to Workmen employees as per
charter of demands.
Health Insurance Scheme:
Members are aware that our charter contains demands for improvements in
existing Medical Scheme and extension of 100% reimbursement facility for
family members. IBA proposed for introduction of Medical Health
Insurance Scheme and provide for wider coverage.
In this background a Sub-Committee Meeting headed by Shri Arun Tiwari,
Union Bank of India representing the IBA and all the Nine General
Secretaries representing constituent Unions/Associations of UFBU was
held on the 19th
January 2015. After thorough deliberations, UFBU pointed out the loose
ends to be tied up and suggested for further improvements in the scheme.
assured to take up the issues with the concerned and have another round
Meetings On Service Conditions of Officers’ And Workmen:
In the meetings held separately on 14th
January 2015 with Officers Organisations and Workmen Unions
respectively, the issues relating to Disciplinary Matters of Officers,
Regulated Working Hours, 5-Day banking and Improvements in Leave Rules
were discussed. Further discussions are to be continued.
also assured that they would further pursue the matter with Government
and deliberate in the Managing Committee Meeting of IBA to be held on
the 31st January 2015
with all sincerity and hold discussions with us in the first week of
February 2015 to improve the offer further to reach finality.
UFBU Meeting Held on 19th
In this background, the representatives of constituent unions of UFBU
met in Mumbai on 19th
January 2015. Extensive and comprehensive discussions were held to
review in detail the developments on the Wage Revision front starting
from the Conciliation held by the Chief Labour Commissioner (Central) in
New Delhi on 5th
January2015, followed by the Negotiations with IBA on 6th
January 2015 and also the Sub-Committee meetings held thereafter.
It was unanimously opined that the IBA had to improve their offer from
11% to 12.5% because of the strenuous efforts of UFBU through strike
actions/decisions. The meeting also attributed the credit for the
change in the adamant stance of IBA to all the members who made the
strike a total success through their enthusiastic participation.
the background of the assurance given by IBA
towards expeditious wage settlement and also considering the positive
developments since the conciliation meeting held on 5th
January 2015, it was unanimously decided by the UFBU to put on hold the
Four days’ continuous strike from 21st
It was further decided to vigorously pursue
the issues relating to regulated working hours for officers and 5-day
banking along with satisfactory increase in offer from 12.5% of pay slip
components. It was also decided to revive the strike action if there is
no satisfactory outcome in the next meeting and go ahead with 4/5 days’
strike in the month of February 2015.
Comrades, the united and determined struggle of all Officers and
Workmen alone would bring success in achieving our goals and target.
Be United - March ahead with solidarity and unity – Success will be