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Showing posts with label IBA Circulars. Show all posts
Showing posts with label IBA Circulars. Show all posts

Monday, 4 January 2021

07:05

On-- line memorandum being signed by members for submission to the Secretary, DFS, MOF, GOI and Chairman, IBA on various demands of Retirees-Vigorous Campaign is going on and members joining the action programme in large numbers.

On-- line memorandum being signed by members for submission to the Secretary, DFS, MOF, GOI and Chairman, IBA on various demands of Retirees-Vigorous Campaign is going on and members joining the action programme in large numbers.
Download Original Document

 

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Sunday, 13 October 2019

08:12

IBA :Adhoc Payment to the Serving Employees and Officers

IBA :Adhoc Payment to the Serving Employees and Officers

In view of ongoing festive season IBA directed all their member banks to pay an adhoc amount to their serving employees/officers
In view of the ongoing festive season, IBA vide their letter no HR & IR/XIBPS/7944 dated 01.10.2019 directed all their member banks to pay an adhoc amount equivalent to one month’s salary (Basic Pay & DA) to all permanent staffs and officers who were on the rolls of the Bank on 1st November 2017 (and are presently continuing in service), as advance against the due payment of arrears of salary post signing of Settlement/Joint Note. As regards the employees who have joined the service of their bank on or after 1st November 2017 and up to 31st March 2019, should be paid an adhoc amount equal to 15 days’ salary (Basic Pay & DA).
This adhoc payment being made will be adjusted against the actual arrears payable after the outcome of the ongoing wage negotiation talks.
All statutory deductions like TDS (Income Tax) will be made as per prevailing rules from this adhoc payment. 

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Wednesday, 9 October 2019

20:25

IBA Next Meeting with Workmen Unions/Officers Associations on 15.10.2019

IBA Next Meeting with Workmen Unions/Officers Associations on 15.10.2019
IBA decided to hold next round of negotiations with Workmen Unions/ Officers' Associations on 15.10.2019 at 11.00 a.m. at Mumbai
IBA decided to hold next round of negotiations with Workmen Unions / Officers' Associations in Committee Room of IBA, World Trade Centre, Cuffe Parade, Mumbai on 15.10.2019 at 11.00 a.m.

Source:AIPNBSF
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Wednesday, 18 September 2019

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Sunday, 19 August 2018

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Sunday, 13 May 2018

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Wednesday, 9 May 2018

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Tuesday, 20 February 2018

06:11

IBA & Union Meeting On 21.02.2018 Postponed

IBA & Union Meeting On 21.02.2018 Postponed 
Negotiating Committee Meeting between IBA & Unions/Associations on XIth Wage Revision scheduled to be held on 21.02.18 postponed

Vide its letter dated 17th February 2018, IBA informed that due to some unforseen circumstances, it has been decided to postpone Negotiating Committee Meeting with Unions/Associations scheduled to be held on 21st February 2018. Next date of the meeting will be advised by IBA in due course.

Source:AIpnbsf
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Saturday, 3 February 2018

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Thursday, 10 August 2017

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Wednesday, 2 August 2017

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Saturday, 15 July 2017

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Wednesday, 22 February 2017

07:15

CLC proceedings of 24/01/2017 - Counter reply by AIBRF on submissions of IBA

CLC proceedings of 24/01/2017 - Counter reply by AIBRF on submissions of IBA

Circular issued by AIBRF on the above subject is reproduced below. 
Quote
Ref:2017/22                                                     Date.12.02.2017

Smt. Kalpna Sisiodia
Assistant Labour Commissioner (Central)
Mumbai

Madam,
                      Re: Proceedings of 24.01.2017
                      Re: Submissions of  IBA
                      Re: Our Counter Reply
During the proceedings of 24.01.217 on AIBRF representation on 100 per cent Dearness Relief, Indian Bank Association (IBA), one of the parties to whom notices were issued had submitted its response vide letter no. HR&IR/KSC/85/748/1742 dated 29.12.2016 which was taken on record.

2.We below submit our counter reply on the above submissions of IBA.
(a) In Para 2, IBA has stated that it has entered in to settlement with unions in 1993 to introduce pension scheme  in lieu of contributory PF in public sector banks. In this regard we would like to clarify the pension scheme designed in 1993 was not only implemented in public sector banks but in private banks/ foreign banks who were members of IBA.

Further it is stated in Para 2 of IBA letter that the pension scheme of 1993 implemented in public sector banks was designed as  per the provisions of the section 19 of the Banking Companies (Acquisition and Transfer of Undertakings) Act,1970. It clearly indicates that the pension scheme of 1993 applicable in public sector banks is statutory in nature and is not merely contract between two parties. It may also be stated in this regard that this pension scheme was notified in the official Gazette of Government of India further confirming that it is statutory in nature.

In view of the above legal position, all the representations of the concerned parties need to be attended and dealt accordingly and IBA can not be allowed to keep issues under carpet in the name of absence of contractual obligation/ mandate.

IBA may please be asked to give their response on the points raised above.

(b) In Para 4 of the letter, IBA has confirmed that provisions of Pension Regulations have been amended from time to time to meet requirement of employees/ pensioners. It indicates that IBA has required mandate from member banks to consider and amend provisions of Pension Regulations from member banks from time to time as per need of the time.

IBA may be asked to supply copies of the mandates received from member banks which enabled it to negotiate and approve various amendments in the past.

Further, it may be pointed that in settlement dated 27.03.2000 IBA carried out amendment in Regulation No 35 reducing entitlement towards basic pension of those retired between 1998 to 2002 from 50 per cent of last pay drawn to about 43 per cent of last pay drawn ( neutralisation at 1616 instead of 1684) destroying basic feature of the pension scheme only for this group of pensioners in highly arbitrary and discriminative manner. On getting adverse legal opinion as stated in the settlement of 2005 , IBA again amended regulation no 35 restoring original position for this group of pensioners after lapse of 5 years and after causing huge financial loss to those retired between 1998 to 2002. It indicates that IBA is in habit of amending highly important provisions pension regulations in arbitrary and discriminative manner at its whims and fancies and without  following  the laid down procedure of 1970 act referred in Para 2 of IBA letter.

It may be further pointed out that on one side, IBA amended the Regulation No 35 of pension regulations in settlement dated 02.06.2005 correcting the position in respect of entitlement towards basic pension created in 2000 settlement and on another side it created fresh discrimination in the matter of dearness allowance while introducing improved DA formula under settlement dated 02.06.2005.

In view of the facts brought above, there is guanine fear among lakhs of pensioners that IBA in future  can carry out any arbitrary and discriminative amendments in the pension regulations which can seriously affect interest/ rights of pensioners adversely for its own reasoning and logic though not permissible under law.

IBA may be asked to give its response on the points raised above and we also approach you with request that necessary checks and controls are prescribed including discussion with the representatives of pensioners to prevent IBA from carrying out amendments in arbitrary manner affecting their rights rights adversely.

(c) In Para5 of the above referred letter, IBA has given DA formulas payable to pensions retired under different blocks of settlement.

In this regard, we wish to invite your attention on the submission made by us under our letter no 2017/01 dated 24.01.2017 wherein we have specifically brought out that provisions of the settlement dated 02.06.2005 is silent as how improved DA formula incorporated under clause No 7(2) of the settlement will be applicable to the pensioners.

IBA has stated in Para 5 of the letter DA rates payable to those
retired between 1.11.1997 to 31.10.2002. We do not find the above rates either in the Appendix- II of the Pension Regulations or in the Settlement dated 02.06.2005.  As pointed out in our submission dated 24.01.2017, only in the settlement dated 27.10.2010, almost after lapse of 5 years,  clause No 16(3)(i) was incorporated giving the DA rates applicable to those retired prior to 1.11.2002  with retrospective effect from 01.022005 with the aim of legalising the decision taken in arbitrary manner in respect of DA payable to the pensioners of this group.

In view of the above IBA may be asked to give their response on the point at what level the decision was not taken for non-payment of improved DA formula as per provisions of settlement dated 02.06.2005 to those retired before November 2002, what was the reason for incorporating clause 16(3) (i) in the settlement dated 27.10.2010 after lapse of 5 years and legality of decision of 2005 in respect of 100 DA.

(d) In response to Para 8 of IBA letter, your kind attention is invited on Annexure 6 submitted on 24.01.2017.

(e) In response to Para 9 of IBA letter, we would like to draw your kind attention the factual position that Indian Banks’ Association has been not only actively involved in negotiating and finalising wage settlements for employees including the pension scheme for last several years but also signing the settlements with the Unions which are binding on all parties. Further it has been issuing various communications to member banks giving direction for implementation of various provisions of the settlements. It is also seen that it has jointed various WPs/ SLPs/ Legal cases in different courts/ legal forums including CLC to defend provisions of the settlements signed.

In view of the above, IBA statement “ IBA is not employer of workmen/ officers of these banks. Thus, IBA is not a direct party to any industrial dispute including that of the case of All India Bank Retirees’ Federation even if said Federation is registered under Trade Union Act,1926” is not maintainable and has been made to escape from its accountability toward AIBRF and its membership

3. We also request you to ask IBA to give point wise reply to the various issues raised  by us in our submission No. 2017/01 dated 24.01.2017.

4. We now approach you with the request to issue necessary direction to IBA to ask member banks to pay 100 per cent DA to all those retired before November 2002 with arrears and interest at reasonable rates for delayed period.
 With Respectful Regards,

Yours Sincerely,
( S.C.JAIN )
 GENERAL SECRETARY

Source:Bank Pensioners
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Saturday, 4 February 2017

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Wednesday, 10 August 2016

19:17

AIBEA & AIBOA : Continuation of Medical Expenses Reimbursement Insurance Scheme for Employees/Officers who retired after 01.10.2015

AIBEA & AIBOA : Continuation of Medical Expenses Reimbursement Insurance Scheme for Employees/Officers who retired after 01.10.2015

8th August, 2016
Dear Comrades,

Reg:Continuation of Medical Expenses Reimbursement Insurance Scheme for employees/officers who have retired after 1-10-2015 .

In terms of the 10th Bipartite Settlement and Joint Note on Officers Wage Revision, Banks have introduced the Medical Expenses Reimbursement Insurance Scheme and all employees and officers have been covered by the Scheme from 1-10-2015.  Since the Policy commenced from 1st October, 2015, it will end on 30th September, 2016. Our Settlement / Scheme provides that employees/officers who retired during this period will continue to be covered by the policy upto 30-9-2016 and can continue in the Scheme thereafter on payment of the requisite premium. 

However, the Insurance Policy for the retirees commenced from 1-11-0215 and comes to an end on 31-10-2015.  In order to ensure coverage of the Policy for this interim period of one month ( 1-10-2016 to 31-10-2016), we took up the matter with IBA.

It is informed that United India Insurance Company has clarified to all the Banks that such retirees can continue in the Scheme by remitting one month pro-rata premium amount to cover upto 31-10-2016 and thereafter pay annual premium for future. 

Alternatively instead of remitting one month pro-rata premium now and 12 months premium again thereafter, the retirees can also remit 13 months premium now and be covered upto 31-10-2017.

Units are requested to follow up the matter with their respective managements and ensure that retirees are covered by the policy as above.

With greetings,

Yours comradely,

pto..

Clarification from United Insurance Co.
to all Banks dt. 18-7-2016

Subject:  IBA MEDICAL INSURANCE - COVERAGE FOR EMPLOYEES RETIRED UPTO SEP 2016

Dear Sir/Madam,
With regard to the inclusion of the employees who have retired during the current policy upto Sep 30th, you may collect 1 month pro-rata premium for including them in the current retire policy which is expiring on OCT 30th. Thereafter, again 12 months premium is to be collected for including them in the policy starting from NOV 1st.
 Alternatively instead of collecting premium 2 times, you may collect premium for 13 months.
Please keep ready the list of employees who have retired during the currency of the present employee policy .
The amount of premium to be collected shall be communicated to you in due course.  

Source:Mycbou.com
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Tuesday, 9 February 2016

14:34

AIBOC writes letter to IBA regarding domiciliary expenses under new scheme of hospitalisation expenses

AIBOC writes letter to IBA regarding domiciliary expenses under new scheme of hospitalisation expenses

AIBOC has addressed a letter to Chairman,IBA on sorting out the pending reimbursements on domiciliary treatment of retirees within a time frame.

Text of the letter is reproduced below.
Quote

Letter No. 2016/12                                      Date: 04/02/2016
The Chairman,
Indian Banks’ Association,
Mumbai.
Respected Sir,
NEW SCHEME OF REIMBURSEMENT OF HOSPITALISATION EXPENSES

This has reference to the discussions held with you on 03/02/2016 on residual and other issues raised by us before the Dy. CLC(C) on 08/12/2015. During the discussions on the New Scheme of Reimbursement of Hospitalisation Expenses – with specific reference to the reimbursement of the expenses on domiciliary treatment to retired officers - you had categorically stated that IBA was committed to the initial agreement and discussions and United India Insurance Co. Ltd. (UIICL) should honour such claims from retired officers. We were also informed that the last date for enrolling into the Hospitalisation Scheme for the retirees stood extended up to 31/03/2016.
To our utter surprise and dismay, we understand, UIICL has unilaterally written to bank managements on its unwillingness to entertain the claims on domiciliary treatments. Further, the retired officers have been given time up to 20/02/2016 to withdraw from the Scheme without any deduction/cut in the premium remitted (whereafter charges will be levied for withdrawal).
This act of UIICL does not augur well with the Bipartite and Tripartite understandings and is simply high-handedness. Furthermore, it is highly objectionable for UIICL to write directly to the bank managements without discussions with IBA. This letter has created a lot of commotion and restlessness among the retirees creating avoidable confusion and foul cry. This also leads to the apprehensions we expressed during discussions on the scheme during Xth Bipartite Settlement.
In this background you are requested to immediately direct UIICL:
a. To retrace their steps and honour the initial agreement.
b. To restrain from future such acts without discussions with IBA.
c. To dispose all the pending reimbursements on domiciliary treatment of retirees within a definite time frame – not later than 29/02/2016.
A line in acknowledgement is appreciated.
Thanking you,
Yours faithfully,
(HARVINDER SINGH)
GENERAL SECRETARY
Unquote

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Sunday, 7 February 2016

10:45

Discussions held between IBA and AIBOC regarding residual issues of the 10th Bipartite Settlement

Discussions held between IBA and AIBOC regarding residual issues of the 10th Bipartite Settlement

Discussions were held between IBA and AIBOC regarding residual issues of the 10th Bipartite Settlement and other issues raised before Dy CLC(C) on 08.12.2016.  AIBOC has issued circular regarding the meeting with IBA. The relevant paras to the retirees are repoduced below.

Issues covered in the Record Note on pension : We informed IBA that our demand with regard to Pension Scheme include three issues viz. (a) 100% neutralization of DA to all pre-November, 2002 retirees (b) revision in the rates of family pension (c) Upgradation of pension and demanded that IBA need to take early steps to settle those issues. IBA informed that as informed earlier they are in the process of calculation of cost by the Actuaries and they have called for certain data from all the Banks. They further informed that they have received the said data from most of the banks and that once the data is received from the remaining banks, they would calculate the additional cost and will have a view on the issues.

IBA’s Medical Insurance Scheme : We brought to the notice of the IBA that the retirees are yet to be extended the reimbursement of domiciliary treatment expenses as agreed in the 10th bipartite settlement and again in the conciliation meeting held on 08.12.2015. We also brought to their notice various types of complaints received from the retirees with regard to the cashless hospitalization facility and delayed/non-settlement of hospitalization claims by the TPAs / Insurance Company. IBA informed that they are committed to provide domiciliary treatment facility under their Insurance Scheme to the retirees and that for this purpose they had a meeting with the Insurance Company on 15.01.2016, wherein, they have made it clear to the Insurance Company that they have to extend the domiciliary treatment facility to the retirees. They further informed us that the Insurance Company has agreed to extend the deadline for retirees to opt for their Insurance Scheme upto 31.03.2016. As regards complaints of the members against the Insurance Scheme and TPAs regarding cashless hospitalization facility and settlement of hospitalization/ domiciliary treatment expenses, they have advised to submit the list of such cases to them to take up with the Insurance Company. 
Unquote

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Tuesday, 5 January 2016

20:37

AIBOA : An Unfair Delay by SBI Manbagement - AIBOA Extends Solidarity

AIBOA : An Unfair Delay by SBI Manbagement - AIBOA Extends Solidarity

Circular letter No. 15/VI/2015                                                December 28, 2015
  
Dear comrades,

AN  UNFAIR  DEAL  BY  SBI  MANAGEMENT
AIBOA  EXTENDS  SOLIDARITY
TO  THE  STRIKING  WORKFORCE  ON  08.01.2016

State Sector Bank Employees’ Association [SSBEA] had observed a strike call on 04.06.2015 in five associate Banks [ie] State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore against the SBI management’s attitude in handling the IR issues hurting the time tested approach of redressal grievance mechanism.

Having experienced the rigid approach of SBI management, the second strike for 2 days was announced on 1st and 2nd December 2015 and the workmen workforce in Public Sector Banks have decided to extend support through solidarity strike on 02.12.2015.  Representatives of Labour Ministry advised both parties in the conciliation meeting held at Delhi to resolve the issues through mutual discussions and resultantly the two days strike was deferred.  SSBEA had a round of discussion with SBI management on 03.12.2015.  The management maintained their stand in the negotiation.

SBI management disregarded the bipartite negotiation and also the sensitive issues involved.  The end result of their action is the announcement of strike action on 08.01.2016 by AIBEA men and women throughout the country.

AIBOA, known for its stand right from inception, calls upon the officers not to do any clerical work in all the offices and make the solidarity  strike on 08.01.2016 a resounding one.

Ø       Altering the working conditions is unjust
Ø       Rights cannot be bartered away
Ø       Bipartite can not be bypassed.

AIBOA extends total solidarity to the entire workforce in Public Sector Banks in realising the demands.

Yours comradely,


/S.NAGARAJAN/
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Thursday, 10 December 2015

22:45

Bank officers withdraw call for nation-wide strike

Bank officers withdraw call for nation-wide strike

Bank officers have decided to call off the proposed nationwide strike for Friday (Dec 11) after ‘positive’ vibes from a conciliatory meeting and also in view of the special circumstances prevailing in Tamil Nadu after the recent calamity.

The conciliatory meeting was called by the Deputy Chief Labour Commissioner (Central), Mumbai, between representatives of the All-India Bank Officers’ Confederation (AIBOC) and the Indian Banks’ Association (IBA).

IBA submission
Some of the issues raised by AIBOC pertain to policy decisions to be taken by the Government, which it was not in a position to comment on, the IBA submitted.
It was seized of the issue pertaining to rectification of anomaly in grant of additional stagnation increments. The matter would be placed before its HR committee next month.
Contentious issues on disciplinary matters and other pending matters would be discussed with the AIBOC within a month’s time and an amicable solution found.

Appropriately worded communication will be sent to member banks to the effect that calling officers on Sundays and holidays will be purely an administrative decision of the bank concerned for which appropriate compensation could be considered by it.

Retiree mediclaim
Domiciliary treatment to retirees should be strongly taken up with United India Assurance Company. In the context of extension of medical insurance to serving employees, existing bank-level facilities outside the purview of Joint Note could be continued by the banks.
On the issue of performance-based incentive and ESOP, the IBA reiterated its known position. But AIBOC insisted that any incentive paid out of profit would have to be paid to all bank employees and ESOP, if issued, should be made available to all employees and not a select few.

On the standoff between Dhanlaxmi Bank and its officers’ union, the Deputy Chief Labour Commissioner (Central), Mumbai, has asked the IBA to collect a detailed report within 15 days for it to take a view on the matter.

The IBA was also asked to take up with the Centre the issue of appointment of officers and workmen directors and consider the AIBOC demand to fill up these vacancies immediately.

 Source :BankingUpdates
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Sunday, 8 November 2015

15:24

Clarification on Medical Insurance Policy for Retired

Clarification on Med.Ins. Policy for Retired!
IBA’s CIRCULAR
INDIAN BANKS’ ASSOCIATION


HR & INDUSTRIAL RELATIONS
No. CIR/HR&IR/2015-16/XBPS/J/1593
October 31, 2015

Chief Executives of Member Banks which are parties to the Bipartite Discussions

Dear Sir/Madam,

Implementation of Medical Insurance Scheme to Retirees as agreed vide Bipartite Settlement/Joint Note dated 25.5.2015

We refer to our Circular No.CIR / HR&IR / 2015-16 / XBPS / J /1413 dated 1.10.2015 advising member banks to obtain consent of retirees expeditiously and provide details to United India Insurance Company Ltd., (UIICL) and to make Group Medical Insurance Policy operational, preferably w.e.f. 1.11.2015. 

We are informed that as on date, 13  banks have sent details of retirees and  have either paid the premium or are in the process of remitting the premium  and joined the Scheme w.e.f. 1.11.2015.
We have been receiving queries from banks, as to whether surviving spouse of the deceased employee (widow/widower) are eligible to join the Scheme. 

We are to state that since insurance premium is to be paid by the retirees/surviving spouses of the deceased employees and UIICL has  agreed to include spouse of the deceased employee, 
 Banks  may include the spouse of deceased retired employee  under the Group Medical Insurance Scheme.  Further, Bank will not incur any additional cost by doing so as Insurance Premium would be borne by the retiree/spouse. 

IBA   received  letters from few  Banks  to request the UIICL to start the Group Medical Insurance Policy for retirees  from 1.12.15 (instead of 1.11.2015) and permit them to pay  pro rata premium, as banks have not completed the process of collecting details/premiums from the retirees. 

On reference to Insurance Companies, we are advised as under: 

“In all our workshops we have been mentioning that there would be no pro rata premium for the retirees. This is so, because in case of the retirees the coverage and the premium is very competitive and is not available anywhere else. They also being covered under the policy without any medical examination and coverage  for pre-existing ailments is also available to them. They may join at a later date on pro rata and could delay hospitalisation which may have been needed in November to December or January. In this manner, though they may pay a reduced pro rata premium, the claims would be 100% and this would upset the actuarial balance of the policy.” 

In view of the foregoing, for retirees, the Policy will commence uniformly w.e.f.  1.11.2015 and they have to pay full year premium. Banks which are yet to submit details of retired employees/remittance of premium, are requested to do so at the earliest, so as to cover the retirees  from the date of payment of premium, lest they will be deprived of the benefit of coverage from 1.11.2015 till the date of payment of premium . 

    Yours faithfully,
 Sd.. K UNNIKRISHNAN
DEPUTY CHIEF EXECUTIVE

Source:IndianBankKumar
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