Friday, May 14, 2010

IBA issued guideline for implementation of 9th Bipartite Settlement.

CIRCULAR NO.65                                                                          14.05.2010
          We are happy to inform our members that the process of implementation of the 9th Bipartite is on.  The Indian Banks’ Association has since issued detail communication to all the banks in respect of the Award Staff who signed 9th Bipartite Settlement under the provisions of the Industrial Dispute Act, 1947, which does not require further approval of the Government. The communication in regard to the payment as well as the recovery towards the contribution to Pension Fund on account of the 2nd Option is as under:
a)                     An amount equal to 2.8 times of the “Pay” for the month of November, 2007 be withheld and kept in a suspense account for crediting to the Pension Fund in case the employee opts to join the Pension Scheme complying with the terms of the Settlement dated 27th April, 2010.
b)                     If any employee gives in writing an irrevocable letter stating that he does not intend to join the Pension Scheme in terms of the Settlement, 2.8 times of the November 2007 pay as above need not be withheld.
c)                      Once the offer is made to join the Pension Scheme, on expiry of the period of option, the amount withheld in respect of those who exercised the option to join the Pension Scheme should be transferred to the Pension Fund.  The arrears withheld in respect of those who did not opt for pension within the stipulated time, be refunded to them.
d)                     No portion of arrears be withheld in respect of non-optee employees who retired from 1st November 2007 to 27th April 2010.  They will be joining the Pension Scheme by making contribution towards funding gap as retired employees in terms of the Settlement.
2.       We are keeping in touch with the IBA to ascertain the latest position as regards in-principle approval, pending amendment to the service regulations in respect of the Officers in the banking industry. We understand that the approval is expected at any time. The first phase in respect of the Award Staff for the payment of arrears etc., as per the 9th bipartite settlement having been already initiated we are confident that the process in respect of the Officers will get speeded up now.
3.       In the meanwhile, we have been receiving anxious enquiries on implementation of 2nd Option on Pension. The process of obtaining in-principle approval from Govt. is also in progress.  We therefore advise members to have patience for a few days more as the instructions are awaited at the earliest.  We also understand that the bank managements have already initiated necessary steps and the calculations have since been kept ready so that no delay takes place once the guidelines are received from the banking department for the implementation of the 9th bipartite.
4.       Comrades, the technical requirement of obtaining the approval of the Ministry of Finance including the Finance minister should not take much time since the Government is conscious of the pressures that are built across the country, awaiting implementation of the 9th bipartite. 
5.       We note to keep all our affiliates/members informed of further details in due course.

With greetings,

Source : AIBOC


Shridhar said...

So finally implementation of 9th bp and pension for award staff has been circulated by the iba to the bankers and let us hope for officers soon.So after waiting 30 months it has come to true.after reading AIBOC circular regarding achievement of pension 2nd option it was very difficult to get it in last stage if not accepted 2.8% and 156% the pension option would have been withdrawn by iba and Govt. Because Govt may go to any extent and will keep it pending for long long long and poor retirees and ext emp would have not got the pension for which they were eagerly waiting for last 15 years.So HATS UP TO THE UFBU LEADERS because of you only we got this.Now I request all the members not to quarrel and speek court and law for the same and should accept it.For retirees who have retired during 01-11-2007 to 27-04-2010 it is very very injustice to them leaders would have thought this point because pension cost was calculated as on 01-11-2007.Prio to that people have earned int on pf for at least 6-7 years so some amt is compensated but who retired from 01-11-2007 they are much burden.Though pension payment fro 27-11-2009 they should have pressed to FM to treat ext emp from 01-11-2007 that is the only minus point in settlement otherwise leaders have achieved a great thing 2nd option pension.Once again HATS UP.

mahesh agrawal said...


Jay Vijay said...


There is no quarrel as you refer . It is shear injustice with all of therm and the Union Leaders are had In glove.
So stop saying this because by just your saying this people are now not going to listen . It is high time now.
Dont expect that members will now behave like Iliterate dock workers
Tell this to your Boss at ufbu.
And wait for some more days to see

Nabin said...

After evrything is done for 9th BPS, I may ask one question to the apex level Union Leaders. In case of Pay Commission for Govt employees beside their edge over us on Grade Pay and higher % of increase in their Gross salary, after the merger of DA with the Basic pay, the remaining % of DA is paid to them intact. There is no such slab or % of increase criteria as in our case. After neutralisation, the % of increase in DA fall from 0.18 to 0.15. why it is so ? I fear it may come to 0.00% in any future BPS.

chandan said...


A group of young angry but dedicated comrades with the characteristic courage of convictions and vision took the historic decision on 9th April 1941 to form an all India organization for bank employees. On 20th April 1946 this vision stood translated into reality on the banks of the river Hooghly in Calcutta, the cradle house of revolutionary activities and freedom struggles. A new union “All India Bank Employees’ Association (AIBEA) was born and took formal shape. It was a time when the nation was then fighting its fierce battle against British imperialism.

At its formative stage AIBEA was confined to a limited member of banks. It was struggling against immense odds even for survival. There was nothing present on the trade union scene in the banking industry to encourage the formation of an all embracing industrial level organization. The day AIBEA was founded, a ceaseless and unremitting struggle to unify all bank employees under a single banner was started.

While the bank men of the country began to consolidate their struggle against oppression under the banner of AIBEA another phenomenon was silently taking shape in the trade union movement in other sectors. The Indian middle class which owed its sustenance to employment in the organized sector gradually began to be disillusioned with the system. The concept of a benevolent employer was fading out. Instead employees began to perceive a trend of systematic exploitation and deprivation both in the private and public sector. A growing feeling began to gain ground that, if allowed to continue this trend would shake the very rudiments of the Indian middle class. It was time to wage a powerful struggle to extract legitimate dues through established trade union processes of resistance and bargaining. Thus the emergence of AIBEA in this back drop paved the way for awakening of the middle class in India.

(To be continued)

chandan said...

(continued from June 6, 2010 9:56 AM)

It was a time when the bank employees had to work in rampant inhuman conditions. The situation then prevailing in the banks is beyond one’s imagination Service conditions were non-existent and the word “UNION” was an unutterable blasphemy. The hold of the paymaster on his workers was complete and total. Destinies were made and broken at the mere whim of the employer, which was only a euphemism to describe the lord and master. The bitter experience of the average middle class employee in this respect was no different.

It was the callous system, which continuously endeavoured to keep the worker oppressed and harassed. In such a hostile environment the need for a worker’s organization of comparable size and strength was acutely felt. Envisaging the broadest platform of unity possible in the then prevailing situation and circumstances the formation of an organization of the entire lot of bank employees in the banking industries was the prime target.

The period 1953 to 1956 was a period of incessant relentless and prolonged struggles for AIBEA. In 1953, the Fifth conference of the AIBEA was held at Lucknow and Comrade Prabhat Kar was elected General Secretary. During this period, the sweep of the organization came to acquire an unprecedented magnitude. The AIBEA fought bitter battles inside the portals of tribunals and outside in the streets.

(To be continued)

chandan said...

(continued from June 6, 2010 9:58 AM)

In 1961, the General Secretary of AIBEA participated as a member of the Bonus sub-committee at the Indian Labour Conference at Bangalore, where it was decided that the entire banking industry, both in private and public sector would come under purview of the bonus commission. The phase of tribunalisation and third party intervention came to a decisive end with the singing of the historic first ever Industry Level Bipartite Settlement under the captaincy of AIBEA leadership in 1966. In bringing about this unique settlement, the dream and slogan of “One Union One Industry” had now assumed formal shape. The signing of such an industry level settlement, which included under the comprehensive sweep of its umbrella virtually the entire banking industry also resultantly strengthened and streamlined the growing unity of bank employees under the banner of AIBEA.

The concept of bipartite negotiations introduced in the banking industry under the stewardship of AIBEA served as a major precedent for introducing the same concept in the other sectors. The all India level central trade unions, which controlled unions in a sizeable member of industries, adopted a stand to resort to this mode of collective bargaining. And in the process the fate and status of Indian middle class got rekindled with a new kind of optimism.

The signing of the first Bipartite Settlement metamorphosed the status of both the AIBEA and the bank employees. It constituted a decisive watershed in the history of the movement since the period of definite consolidation of the movement and advancement commenced from this point. The AIBEA has never looked back after this.

(To be continued)

chandan said...

(continued from June 6, 2010 10:00 AM)

The period that followed was an era of bipartism. AIBEA grew from strength to strength. In 1969 when 14 major banks were nationalised the AIBEA leadership met the then prime minister Mrs. Indira Gandhi and suggested improvements in the structure of the banks. Having thus far devoted attention to aspects of wages and service conditions in the seventeenth conference held at Madras in 1973, AIBEA made a bold departure by laying more emphasis on national problem and called for a change in the credit policies of the government. This concern for the nation and its economy grew over the years as in successive conferences AIBEA emphasized on this sphere of activity.

In 1975, national emergency was declared and trade union movement in the country came under several attacks from the government. Holding a union meeting, bringing out a rally or observing a strike, every such activity was curbed and curtailed. This was not the case with banking employees only, rather with the suppression of trade union rights the voice of Indian middle class under these circumstances.

Securing of the Third Bipartite Settlement formed one of the sternest of organizational challenges faced by the AIBEA. At that time, the government at the helm of affairs was a government, which had triumphed at the hustings with a massive mandate from the electorate in the aftermath of the emergency. When AIBEA proposed the long overdue wage revision for bank employees, the government thundered that bank employees enjoyed best of both the worlds and therefore there was no question of any wage increase for them. At stake was not only the fate of bankmen but also the status of middle class employees in all sectors. A battle royal ensued therefore between the AIBEA and the government in which the use of every known item of weaponry from work-to-rule and other forms of agitation to novel methods like short duration strike at different centres were initiated. The government had to bow finally before the combined might of the bank employees and AIBEA once again achieved the impossible by signing the Third Bipartite Settlement.

(To be continued)

chandan said...

(continued from June 6, 2010 10:02 AM)

The Fourth Bipartite Settlement came to the bank employees virtually on a silver platter as it was achieved with comparatively less struggle. The Fifth Bipartite Settlement also followed suit. Further, the achievement of pension, which has been the demand and aspiration of bank employees for over four decades has once again proved the leading role of AIBEA in the bank employees’ movement. While elsewhere the working class enjoyed the benefits of pension scheme, it had so far eluded the banking sector. With the achievement of pension facility, the identification of bank employees with the middle class in terms of social security was complete. The much-awaited Sixth Bipartite Settlement was signed on February 14 1995. It was expected that an atmosphere of peace and harmony would be generated thereby in the area of industrial relations in the banking industry. But it was not to be. A conspiracy of IBA-Management combine came to surface. The distortion in relativity of wage structure between workmen and officers agitated the minds of workmen. The bank employees under the prime leadership of AIBEA reacted against such distortion through agitational programmes including strike actions. The IBA-Government combine unleashed ruthless assaults on the union. High voltage campaigns costing crores were undertaken to spread falsehood and misinformation. Steps were taken to prosecute leaders alleging the strikes as illegal. In the face of the gigantic agitations conducted under the prime leadership of AIBEA and fighting zeal in rank and file, IBA-Government combine ultimately climbed down and agreed to reexamine the wage settlements in the industry for the bank employees with a time frame by an independent committee. The unprecedented developments added one more feather to the cap of AIBEA.

(To be continued)

chandan said...

(continued from June 6, 2010 10:03 AM)

The year 1996 has a special significance to the bank employees in the country. During last 50 years the tiny plant AIBEA transplanted on the fertile soil of exploited bankmen has today become a huge tree with its roots deep down in the hearts of a million bankmen and women working in 63000 branches spread all over this vast mother land of ours. During these 50 years with tireless zeals led by giant leaders, AIBEA has grown today into a trade union, largest amongst white-collar employees and one of the brightest stars in India’s trade union firmament. And from it the Indian middle class employees continue to derive inspiration and confidence. There is no doubt the organization is going to reassert its role as the vanguard of middle class employees’ movement in India in the days to come.

N.B. Written on the eve of Golden Jubilee of AIBEA and covers upto 1996.

runtrial blog said...

The Present scenario

I am working as a Spl.Asst in SBT, Kerala, joined in 1980 also a member of AIBEA.I had experience with more than 10 branches .In most of the branches Branch Representative(AIBEA) is like a King with no Throne.Branch Managers fear those people .Mainly because if the neglect those people affect the normal work of bank. Out of those 11 ,in 5 branches Representatives are provided with seperate telephone facility by Managers.Leaders wont work during the banking hours, main activity is discussing union activities through the phone, branch visit etc.And canvassing members by threatening the "transfer" stick.No one is dare to question the authority of the branch Rep.If anyone try to do that,he will be finished off(by providing additional work, providing heavy seat in work allotment etc..).
QUALITY OF TRADE UNIONISM IS NOT DIFFERENT FROM THE POLIT(RI)CKS PREVAILING IN THE COUNTRY.IT IS PREVALING NOT ONLY IN THE BANKING SECTOR BUT IN OTHER SECTORS ALSO.In the case of levy ,Unions feared many may reluctant to give.So all unions gave a letter to Head office to collect that from the arrear when disbursed.By adopting this tactics, all unions ensured there will be no leakage.
It may be correct , many good leaders were there in past.Only because of that why we tolerate the present fraud people?We are living in the present.Only because of the past golden era we can't forgot those issues we are facing now

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