X BP SETTLEMENT – CLARIFICATIONS
IBA CIRCULAR:
HR & Industrial Relations July 25, 2015
No.CIR/HR&IR/2015-16/XBPS/1120
Designated Officers of Member Banks which are parties to the BPS
X BP SETTLEMENT – CLARIFICATIONS
1. Paternity Leave:
Clause 32 of the X Bipartite Settlement provides the benefit of Paternity Leave w.e.f.
1.6.2015 to male employees with less than two surviving children for 15 days during his
wife’s confinement and may be combined with any other kind of leave except Casual Leave.
The leave may be availed upto 15 days before or upto 6 months from the date of delivery of
the child.
Clarifications: The leave may be granted to an employee even where the date of delivery of
the child was prior to 1.6.2015, provided, however, that the leave is availed within six
months from the date of delivery. Further, the leave shall be sanctioned 15 days before the
delivery or up to 6 months after the delivery.
2. Leave Fare Concession:
Clause 19 (iv) of IX Bipartite Settlement dated 27.4.2010 provided that an employee
encashing the facility of Leave Fare Concession shall proceed on leave for a minimum period of one day.
Clarifications: Clause 19 (iv) of X Bipartite Settlement dated 25.5.2015 does not have this
provision and hence with effect from 1.6.2015, employees may be allowed the facility of
encashing of Leave Fare Concession without the requirement of availing Leave for this
purpose.
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