1. Discussion Forum For Wage Revision -  Xth Bipartite Settlement / 7th Joint Note  wef November, 2012

Why UFBU and IBA Are Silent on Wage Revision ?  - Next Meeting on 10th BPS continues to Elude Poor Bankers by Rajesh  Goyal (uploaded on 17/3/2013)

• 10th BPS - Will It Be Collective Begging or Collective Bargaining? Should Union Leaders Follow This New Agenda ?  by Sudhakar Rao, (uploaded on 27/11/2012)

   

10th BPS - Approach Paper - Strategies and Implications; Different Scenarios of Likely Pay Scales at different Level of Mergers and Different %age of Hikes by Pannvalan (uploaded on 22/11/2012)

Critical Observations on 1st to 9th BPS by Pannvalan (uploaded on 21/11/2012)

Comparison of past Bipartite Settlements - 1st BPS to 9th BPS by Pannvalan (uploaded on 21/11/2012)

What Constitutes A Reasonable and Justifiable Hike in Basic Pay in the 10th BPS by S.Srinivsan, President, NUBE (uploaded on 10/11/2012)

Charter of Demands Submitted by  UFBU - Lacks Consistency,  Cohesiveness, Innovation   - Part I    by Rajesh Goyal (uploaded on 04/11/2012)

Charter of Demands by Workmen Unions - AIBEA, NCBE, BEFI, INBEF, NOBW   

CHARTER OF DEMAND BY  OFFICERS'  UNIONS - AIBOC, AIBOA, INBOC, NOBO (updated version uploaded on 8/11/2012)

2. Special Discussion Forum For Updation of Pension Issue during Xth Bipartite Settlement - 2012 - 2013

We are starting this as a separate discussion as retired bankers also form one of the major groups of our website and we feel retired bankers have been ignored for too long.  There is a need to form a pressure group and decide the modalities as to who will take the issue of updation of pension at the bipartite talks. 

→  Pathetic Conditions of Old Bank Retirees - Wives of Two General Managers Who Retired in 1980s Receive Rs1000/- as family pension.  - Let All Retirees Across Banking Industry Launch Countrywide Agitation for updation of pension and move to SC  (uploaded on 03/03/2012)

→ IBA  must  negotiate with the retired bankers' bodies for pensionary benefits at the time of Bipartite Settlements   (uploaded on 12/02/2012)

→DATA ON PENSIONERS  AS ON 31.10.2011 & IMPACT OF UPDATING PENSION  (uploaded on 02/01/2012)

• → Why Pension updation is Necessary for retired bankers Part I

→ Why Pension updation is Necessary for retired bankers Part II

→ GoI Circular ordering payment of full pension, gratuity etc. to all central government employees who completed 20 years of service

• Archive for this Discussion Forum

3.  Fight Against Denial of Pension Option Based on Joint Note (VRS optees have now been offered 2nd Pension option - our fight will continue for resignee bankers)

   IBA and UFBU Have Been Fully Exposed for cheating On Issue of 2nd Pension Option to VRS, Resignees and other Left Over Bankers   - Can they be now  trusted for 10th BPS ? by Rajesh Goyal  (uploaded on 06/02/2013)

2nd Pension Option to Resignees - Letter of Mr Pathak.  There is urgent need to send a delegation to new Secretary, Mr Rajiv Takru requesting him to give a patience hearing and consider the same in proper prospective  (uploaded on 06/02/2013)

2nd Pension Option to Resignees  -  Organisations Which Have Filed Legal Cases  - Consolidation (updated on 29/01/2013)

 

2nd Pension Option to Resignees -  Latest Court Develepments  (Updated on 28th January, 2013)

 

Circulars Issued by Various Banks for Release of 2nd Pension option to VRS optees in terms of IBA circular 9/11/2012:

 

(a) BOB ;

 

(b) Canara Bank,  Annexure to Main circular of Canara Bank

 

(c) PNB

 

(d)  Syndicate Bank,

 

(e) BOI,

 

(f) United Bank of India,

 

(g) Allahabad Bank,

 

(h) Central Bank of India,

 

(i) OBC

 

(j)

 

 

IBA again goofs up and issues small corrigendum to its circular dated 9th November circular for release of 2nd Pension option to left over VRS optees but Resignees Still Denied the same by Rajesh Goyal (uploaded on 12/11/2012)

 

 

IBA issues circular for release of 2nd Pension option to left over VRS optees but Resignees Still Denied the same by Rajesh Goyal (uploaded on 10/11/2012)

 

 

Manipulative IBA Does It Again  - 2nd Pension Option to be Extended to VRS optees  BUT not  to Resignee Bankers  by Rajesh Goyal (uploaded on 09/11/2012)

 

Supreme Court Judgement in case of M R Prabhakar & Others vs Canara Bank & Others on 3rd October 2012 (Civil Appeal Nos 7188-7191 of 2012) - regarding legalilty of the claim of pension in lieu of CPF who had resigned and stood relieved prior to 03.06.1993. - Case was dismissed by SC. in October 2012

 

Archive for this Discussion Forum

 

Submission of  Your Data To AllBankingSolutions.com

We have requested all serving and retired bankers to register with us.  Response has been only reasonable when compared to number of visitors at this website.    It seems number of bankers are still shy or lazy to submit the same.  In case you have not done the same, please do it now.   (Click here for submitting the details (In case you have already submitted your details, please do not re-submit)

Income Tax Issues : (These have been revised and updated as on 2/2/2013):

Income Tax Calculator (FY 2012-13 or AS 2013-14) - by Ashwani Suri

Latest Income Tax Slabs in India - Income Tax Act 1961(uploaded on 02/02/2013)

•  How to make Best Use of Section 80C
• Various  schemes  for investments and changes made to Small Savings for FY 2012-13
• Income Tax Calculator (FY 2012-13 or AS 2013-14) - by Ashwani Suri
• Latest Income Tax Slabs in India - (FY 2012-13 or AS 2013-14)
• Personal Finance Planning

PS : In case any discrepancy is noticed, please inform us so that the same can be corrected for the benefit of other readers. (email : allbankingsolutions@gmail.com)

• Helpline for Bankers' by Bankers

• This new series of Helpline was started for bankers.  Separate pages are being allotted for specific topics so that bankers can upload their queries on the relevant page.  The answers / replies / suggestions to such queries will be given by other readers who have faced similar problems or have worked in departments relating to such queries.  To begin with, HELPLINES for following topics are available:-

•  

(a) Service Matters like promotion, salary fixation, leaves;

(b) Terminal Benefit Issues

(c) Departmental Enquiries in Banks / Reply to Charge Sheets

Important Files Relating to Court Judgements / RTI  decisions and Legal Cases Relating to Wage Revision / HRD Matters:

• → Archives - Important Legal Cases relating to wage revision / pension / HRD matters / Supply of Information by Banks, RBI, FIs etc,  (upto 31/12/2011)

→  Archives - Right to Information ( RTI ) - RTI isssues uploaded earlier

• Are You Retiring Soon ?

• (A) Overview of Pension facilities in banks

(B) Calculator to give an overview of what you will get as Gratuity, Commutation Amount, Leave Encashment, Your PF Contribution etc.   Calculator for calculation of Gratuity, Commutation Amount, Pension, and Leave Encashment etc on Retirement - by RBK Sinha (uploaded on 12/07/2012) - (updated Revised version uploaded on 25/08/2012)

(C)  BackGround and Status of 1st Pension Options  and 2nd Pension Option in Banks  (uploaded on 07/09/2012)

(D) IBA issues circular for release of 2nd Pension option to left over VRS optees but Resignees Still Denied the same by Rajesh Goyal (uploaded on 10/11/2012)

(D1) Corrigendum to its circular dated 9th November circular for release of 2nd Pension option to left over VRS optees but Resignees Still Denied the same by Rajesh Goyal (uploaded on 12/11/2012)

(E)  Salary & Pension - Rules & Regulations for Central Government Employees - Let Bankers compare these with rules in banking industry;

(F) GoI Circular ordering payment of full pension, gratuity etc. to all central government employees who completed 20 years of service

(G) → Bank Employees'  Pension Regulation 1995 (notification dated 29th September, 1995 (Given here to give a broad idea about the pension regulations.  Latest amended regulations as adopted by your bank should be got from HRD section of respective bank.  These regulations have been adopted by each bank with minor changes as applicable for that bank);

(H) → BOB (Employees') Pension Regulation 1995 (given here to give a broad idea as to how each bank has adopted the same.  However, updated versions must be checked by readers in their respective bank.

• (I) → Pension Calculators: How much should I commute

• (J) → PF Lasting Calculator : How Long Will My PF Last if I withdraw every month

(K) Pension Regulations for RBI Staff - Recent Liberalisation of Pension terms for RBI Staff (uploaded on 18/2/2013)

Have You Already Retired ?

→ DA for Pensioners :  (uploaded on 01/02/2012)

→ Dearness Relief for Pensioners since 1993 - Need for DA neutralisation for pre 1/11/ 2002 pensioners

• → Gratuity Increased to Rs.10 lacs - Amendment

• → Copy of the Gazette Notification increasing Gratuity to Rs. 10 lacs - 18th May 2010

Earlier Bipartite Settlement Details :

• → Chronology / History of Wage Revision / Bipartite Settlements / Landmarks in Wage Settlements

→Pension Rules for bankers who retire between 2 BPSs

→ Fitment on Promotion from One Scale to Next scale

• → 9th Bipartite Settlement Details

• → At a Glance - 9th Bipartite Settlement for workman staff - → Salient Features of IXth Bipartite Settlement (AIBEA)

• → Old Scales vs New Scales in 9th BPS

→ IBA circular dated 10/08/2010 about 9th Bipartite Settlement

→ Joint Note dated 27/04/2010 between IBA and Officers Associations

• → 8th Bipartite Settlement Details (BPS)

• →7th Bipartite Settlement Details (BPS)

• → 6th Bipartite Settlement Details (BPS)