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AIBOA in its Circular has informed that during the discussions, Officers
Organsiations submitted written proposals on the pay scale &
allowances to Shri. Ramakrishna, Secretary, IBA. The same was
explained later during the meeting.
In
response, IBA submitted two new proposals on revised pay scale as
under:-
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 Associations
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 Organisations to rework these costs.
Pension Settlements - IBA to give draft agreement to Officers
Organisations shortly.
Residual Issues - Officers Organisations to submit list to IBA shortly.
Officers organisations agreed to respond to IBA on these proposals in
the next meeting. No date has been decided for next meeting with IBA.
However, IBA desires early finalisation of excercise 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.
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