Saturday, December 20, 2014

Supreme Court ruled against recovery of excess pay due to employers' mistake

Recovery of excess amount paid to Class-III and Class-IV employees due to employer's mistake is not permissible in law, the Supreme Court has ruled saying that it would cause extremely harsh consequences to them who are totally dependent on their wages to run their family. 

The apex court said employees of lower rung service spend their entire earning in the upkeep and welfare of their family, and if such excess payment is allowed to be recovered from them, it would cause them far more hardship, than the reciprocal gains to the employer. 

Thursday, December 18, 2014

No proposal to reduce central retirement age : Govt. assures in Rajya Sabha

No reduction in retirement age
There is no proposal under consideration of Government to reduce the retirement age from 60 to 58 years for its employees. 

The retirement age for Central Government employees was revised from 58 to 60 years in 1997 on the basis of recommendations of the 5th Central Pay Commission. 

The Centre’s total wages and salaries bill for its employees for the year 2010-11, 2011-12 and 2012-13 is Rs. 85,963.50 crore, Rs. 92,264.88 crore and Rs. 1,04,759.71 crore, respectively. 

This was stated by the Minister of State for Personnel, Public Grievances & Pensions, Dr. Jitendra Singh in a written reply to Sardar Sukhdev Singh Dhindsa, Dr. T Subbarami Reddy and Smt. Ambika Soni in Rajya Sabha, today. 
Click here for the PIB Press Release

Wednesday, December 17, 2014

Series of bank strikes to follow in January 2015

After the UFBU meeting held today afternoon leaders chosen warpath.                                                                         STRIKE, STRIKE and STRIKE.
One day nationwide strike on 7th Januray.
Four days continuous strike from 21st to 24th January.
Indefinite strike from 16th March 2015....

Tuesday, December 16, 2014

Bank officers plan candle march today

To protest against the delay in revision of wage settlement, bank officers will organise a candle march in Delhi’s Jantar Mantar and other State capitals on Tuesday. “The All India Bank Officers’ Confederation has decided to organise a protest candle march tomorrow, in all State Capitals and major cities to highlight the undue and unwanted delay in wage revision and other policies of the Government,” the confederation said in a statement. The revision is due from November 2012.

Thursday, December 11, 2014

Labour Commissioner called IBA & UFBU for meeting

All India Bank strike on 12 th Nov'14, as well as the Relay Zonal Strikes from 2nd to 5th December 2014 with  unprecedented success, displayed the anguish and frustration of the bank employees,through out the country , who are being denied the reasonable wage revision and also the undue delay on the part of IBA in conclusion of the 10th Bi partite settlement. 
Now Chief Labour Commissioner has fixed a conciliation meeting of Bank Unions (UFBU) and Indian bank's Association on 17th Dec'14,at 11.30 AM. at Mumbai.
 UFBU will be meeting  will be held on the same day at Mumbai.
News Courtesy : Mr Mohan P 

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