UFBU discussions with IBA on Medical Insurance Scheme
Quote: CIRCULAR No. UFBU/2018/15 Date : 15-09-2018 TO ALL CONSTITUENT UNIONS/MEMBERS Dear Comrades, Discussions with IBA on Medical Insurance Scheme Units are aware that there was a meeting with the IBA on 8-8-2018 on the issue of medical insurance scheme wherein we had submitted various suggestions, particularly with a view to achieve a reduced premium…
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Medical Insurance discussion with IBA
Today’s meeting (14.09.2018) on Medical Insurance called by IBA took place with IBA officials along with GM HR of 3 banks. All UFBU representatives were present. IBA officials apprised the discussions they had with banks, Insurance Company, DFS etc vis a vis premium charged by the insurance company and placed certain offers for our consideration…
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Banks wage settlement news: Officers’ Unions submit Supporting Notes
Text of Joint Note Talks held on 03.09.2018 ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC), ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA) INDIAN NATIONAL BANK OFFICERS’ CONGRESS (INBOC),NATIONAL ORGANISATION OF BANK OFFICERS (NOBO) Camp: Mumbai Date: 3rd September, 2018 To All Affiliates (For Circulation) Dear Comrade, Wage Negotiation – XIth Bipartite Settlement As was decided in the…
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Role of Presenting Officer in respect of Charge sheet/ inquiries
Broadly speaking, in departmental (domestic) inquiries, the Presenting Officer has a duty to perform fact-finding exercises to reach the truth in respect of elements of misconduct, committed by the Charged Official. Though, the departmental enquiry in industrial law is not equated with the proceedings before the courts of law, it has essential condition to the…
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Dearness Relief payable to Bank Pensioners (Aug ’18 to Jan’19)
The percentage of Dearness Relief (DR) payable to the bank pensioners for the half year August 2018 to January 2019 will be as under. Retired on or after 11.2012: 541 slabs @ 0.10%=54.10% No of slabs Rate per Slab Percentage of DR payable DA on Basic Pension (Before commutation) 541 0.10% 54.10% Basic Pension ×…
DA chart of Bank employees (August-October’18)
12 slabs increase in DA for Aug 2018 – Oct 2018 and 14 slabs increase in DA for Aug 2018 – January 2019 for Pensioners CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above, the average CPI for April, May & June 2018 is 6588.…
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