All India Bank
Employees Association

Central Office:- Prabhat Nivas, Singapore Plaza, 164 Linghi Chetty Street, Chennai – 600 001 India Ph: 044 25351522, 044 65431566 Fax: 044 25358853, 044 4500 2191 E-Mail: aibeahq@gmail.com & aibea@vsnl.com Grams: Parvana * Subscribe to "Bank Flag" - 36 monthly issues Rs.80/- * Send DD to AIBEA
 

 

Achievements

 

Present Wages & Service Conditions

 

Settlements so far

Salient Features of Present Wages & Service Conditions

         

1. PAY SCALES:  (Constructed by Merger of D.A. up to 2288 points)

 

Clerks 4410 - 215/3 - 5055 - 335/3 - 6060 - 470/4 - 7940 - 500/3 - 9440 - 560/4 - 11680 - 970/1 - 12650 - 560/1 - 13210
Sub-staff 4060 - 105/2 - 4270 - 115/2 - 4500 - 135/2 - 4770 - 165/3 - 5265 - 195/4 - 6045 - 235/3 - 6750 - 270/3 - 7560
STAGE

CLERKS

SUB-STAFF

7th BP 8th BP 7th BP 8th BP

1

3020

4410

2750

4060

2

3155

4625

2805

4165

3

3290

4840

2860

4270

4

3425

5055

2935

4385

5

3650

5390

3010

4500

6

3875

5725

3100

4635

7

4100

6060

3190

4770

8

4420

6530

3300

4935

9

4740

7000

3410

5100

10

5060

7470

3520

5265

11

5380

7940

3650

5460

12

5720

8440

3780

5655

13

6060

8940

3910

5850

14

6400

9440

4040

6045

15

6780

10000

4190

6280

16

7160

10560

4340

6515

17

7540

11120

4490

6750

18

7920

11680

4660

7020

19

8600

12650

4830

7290

20

8980

13210

5000

7560

21

9360

13770

5170

7830

22

9740

14330

5340

8100

23

10120

14890

5510

8370

24

10500

15450

5680

8640

25

10880

16010

5850

8910

26

*

16570

*

9180

 

2. STAGNATION INCREMENT:

8th Bipartite Settlement – 6 Stagnation Increments w.e.f. 01-11-2002
7th Bipartite Settlement – 5 Stagnation Increments
 

3. DEARNESS ALLOWANCE:

 

Rates from 01.11.2002 to 31.01.2005

 

On 8th BP Pay Amount

% per slab

For Pay up to Rs.9650

0.18%

Plus  For Balance up to Rs.15350

0.15%

Plus  For Balance up to Rs.16350

0.09%

Plus  For Balance

0.04%

 

From Feb. 2005 - 100% D.A. compensation at all stages i.e. 0.18% per slab for entire Pay.

 

4. CITY COMPENSATORY ALLOWANCE:

 

(Same Rates and Same Centres but Minimum & Maximum Revised)

 

For Clerks

8th Bipartite

7th Bipartite

Higher CCA Centres i.e. 12 lacs and above

4% of Basic Pay

Min. Rs.175   Max Rs.375

4% of Basic Pay

Min. Rs.125     Max Rs.250

Lower CCA Centres i.e. 5 – 12 lacs

3% of Basic pay

Min. Rs.145   Max Rs.300

3% of Basic pay

Min. Rs.100     Max Rs.200

For Substaff

8th Bipartite

7th Bipartite

Higher CCA Centres i.e. 12 lacs and above

4% of Basic Pay

Max Rs.270

4% of Basic Pay

Max Rs.175

Lower CCA Centres i.e. 5 – 12 lacs

3% of Basic pay

Max Rs.190

3% of Basic pay

Max Rs.125

 

5. HOUSE RENT ALLOWANCE:

 

A new HRA Centre with population of 45 lacs and above is added as Mega Centre.  Centres covered are Mumbai, Delhi, Kolkatta, Chennai, Bangalore, Hyderabad and Ahmedabad.

 

Place

8th BP

7th BP

45 lacs and above

8. 50  %

8.50 %

12 to 45 lacs

7. 50  %

8.50 %

2 to 12 lacs

6. 50  %

7.50 %

Less than 2 lacs

6. 00  %

6.50 %

 

6. TRANSPORT ALLOWANCE:

 

Rs.105/- per month (Rs.65/- per month under 7th BP)

 

7. PROFESSIONAL QUALIFICATION PAY:

 

 

8th Bipartite

7th Bipartite

For Graduation

Rs.180, 360

Rs.121, 242

For JAIIB

Rs.180

Rs.129

For CAIIB

Rs.180, 360

Rs.129, 258, 387

For Graduation plus CAIIB (After 1,2,3,4, 5 years)

Rs.180, 360, 540, 720 and 900.

Rs.121, 242, 371, 500 and 629.

 

(1) Those who pass Graduation or CAIIB II when they are in 19th stage will be given one increment and one PQP and balance PQP in one year intervals thereafter.

(2)  Those who pass Graduation/JAIIB/CAIIB after reaching 20th stage will also be given PQP as above. 

(3)  Direct Post graduation will be treated as Graduation and given two increments.

 

8. FIXED PERSONAL PAY:

 

Place

Clerks

8th BP

Clerks

7th BP

Sub-staff

8th BP

Sub-staff

7th BP

45 lacs and above

635

429

310

194

12 to 45 lacs

630

429

305

194

2 to 12 lacs

625

425

300

192

Less than 2 lacs

620

421

295.

190

 

9. SPECIAL PAY:

 

Sub-staff

8th BP 

7th BP

Cash Peon 

255

178

Liftman

255

178

Watchman

255

178

Armed Guards

430

300

Daftary

505

352

Head Peon

580

406

Head Messenger in IOB

990

690

Electrician

1170

816

A/C Plant Helper

1170

816

Driver

1320

923

 

Clerks

8th BP 

7th BP

Telephone Operator

155

108

Audit Clerk Category "A"

260

182

Audit Clerk Category "B"

490

343

Agricultural Assistant

370

258

Asst. Head Cashier-5 clerks & above

475

331

Stenographer

745

522

Teller Category "B"

840

587

Computer Operator

910

633

Head Cashier "D"

925

648

Head Cashier "E"

1300

906

Special Assistant **

1600

971

Computer Operator with passing powers

1100

*

(1)  Computer Operator with passing powers is a new post with effect from the date of settlement.  (2)  For Special Assistant, the allowance payable shall be Rs.1400/- from 01.11.2002 up to the date of settlement and Rs.1600/- thereafter.

 

The following posts are discontinued with effect from date of settlement but existing recipients will continue to get the allowance.

 

Sub-staff

8th BP 

7th BP

Bill Collectors 430 300
Relieving Liftman 155 107
Cyclostyle Machine Operator 205 145

 

Clerks

8th BP 

7th BP

Cashier in charge of cash in Pay Office

500

351

Head Cashier "A" -4 clks & below

500

351

Head Cashier "A" -5 clks & above

660

460

Head Cashier "B" -4 clks & below

595

415

Head Cashier "B" -5 clks & above

745

522

Head Cashier "C"

835

585

Relieving Telephone Operator

80

56

Asst. Head Cashier-4 clks & below

330

232

Teller Category "A"

500

351

Encoder Operator

540

378

Data Entry Operator

630

440

Accounting  Machine Operator

660

460

ALPM/AEAM Operator

770

540

Comptist

305

213

Telex Operator

385

269

Punch Card Operator

425

298

Head Clerk

745

522

IBM/ICT Machine Operator

745

522

 

10. LEAVE FARE CONCESSION:

 

Distance

8th BP

8th BP

7th BP

7th BP

4 year Block

2 year Block

4 year Block

2 year Block

Clerical

3500 KM

1750 KM

3000 KM

1500 KM

Substaff

4500 KM

2250 KM

3400 KM

1700 KM

  • Entitled Class: Sub-staff - Sleeper Class  Clerks - First Class.

  • Clerical Employees traveling by air will be reimbursed Ac 2 tier charges.

  • For travel by Shatabdi / Rajdhani trains, reimbursement will be upto AC 2 tier.

  • Option will be given to choose between 2 / 4 years block.

  • Travel by any mode of approved transport including taxi will be permitted.

  • Optional encashment of LFC and amount will be 75% of the entitlement / eligibility along with leave encashment.

  • Employees to be on leave for minimum 4 days while encashing LFC.

11. Halting/DIEM Allowance:

 

 

Higher CCA Centres

Lower CCA Centres

Non CCA Centres

Clerical Staff

Rs.400/- per diem

(7th – Rs.190/-)

Rs.300/ per diem

(7th – Rs.145/-)

Rs.250/- per diem

(7th – Rs.125/-)

Subordinate Staff

Rs.300 /- per diem

(7th – Rs.150/-)

Rs.200/- per diem

(7th – Rs.100/-)

Rs.150/- per diem

(7th – Rs.80/-)

 

12. Hill and Fuel Allowance:

 

 

8th BP

7th BP

Places with 3000 meters and above

8% max. Rs.950

10% max. Rs.750

1500 – 3000 meters

4% max. Rs.375

  5% max. Rs.260

1000 – 1500 meters

3% max. Rs.300

  4% max. Rs.220

 

13. Project Area Compensatory Allowance:

 

 

 

8th BP

7th BP

‘A’ Area

Clerk

Rs.150

Rs.100

 

Sub-Staff

Rs.130

Rs.80

‘B’ Area

Clerk

Rs.130

Rs.80

 

Sub-Staff

Rs.110

Rs.60

 

14. Cash Medical Aid:

 

Rs.1,500/- per year for all Clerks and Sub-staff (7th BP - Rs.1,000/- & Rs.1,200/-)

 

15. Washing Allowance:

 

Rs.75/- p.m. at all centres (7th BP Rs.50/- p.m.)

 

16. Cycle Allowance:

 

Rs.60/- p.m. at all centres (7th BP Rs.45/35 p.m.)

 

17. Split Duty Allowance:

 

Rs.90/- p.m. at all centres (7th BP Rs.75/60 p.m.)

 

18. Provident Fund:

 

10% of Pay.

 

19. Pension:

 

For Employees retired between April, 1998 and October, 2002: 50% of the Pay as per 7th BP.

For Employees retired between November, 2002 and April, 2005: 50% of the Pay as per 8th BP.

For Employees retired/retiring from May, 2005: 50% of the Pay as per 8th BP.

This higher Pension will be paid from 1st May, 2005.

 

20. Gratuity:

 

One month Pay for each year of service with a maximum of 15 months + half month pay for each year of service beyond 30 years or as per Gratuity Act whichever is higher.

 

21. Hours of Work (Per Day):
 

 Cadre

Week Days Saturdays

Clerk

6 hrs. 30 min.

4 hrs.

Sub-Staff

7 hrs.

4 hrs. 30 min.

Watch and Ward

8 hrs.

8 hrs.

Drivers

7 hrs. 30 min.

5 hrs.

22. Leave (Per Year):

 

Casual Leave:  12 Days.

Privilege Leave:  30 Days (One Day for every 11 days of service)

Sick Leave:  30 Days.

Maternity Leave:  12 Months in total service 6 Months at a time.

 

23. Hospitalisation Reimbursements:

 

Employees and their dependent family members are eligible for reimbursement of hospitalisation expenses upto specified limits and as per schedule of charges.

 

24. Age of Retirement:

 

60 years of age for all cadres.

 

Settlements so far

 
SASTRY AWARD
LABOUR APPELLATE TRIBUNAL DECISION
INDL. DISPUTES (BANKING CO) DECISION AMENDMENT ACT, 1955
( . . . .  DO . . . . . ), 1957 FOR 'C' CLASS BANKS
GOVT. NOTIFICATION ON D.A. CALCULATION
1953
1954
1955
1957
13-02-1960
DESAI AWARD
1962
1st BIPARTITE SETTLEMENT
2nd BIPARTITE SETTLEMENT
SETTLEMENT ON INTERPRETATIONS
SETTLEMENT ON OTHER ISSUES
16-10-1966
12-10-1970
23-07-1971
08-11-1973
3rd BIPARTITE SETTLEMENT

3RD BIPARTITE SETTLEMENT - B & C CLASS BANKS
SETTLEMENT ON OTHER ISSUES
SETTLEMENT ON COMPUTERS/ RESIDUAL ISSUES
01-08-1979 &
31-10-1979
22-11-1979
21-04-1980
08-09-1983
4th BIPARTITE SETTLEMENT
SETTLEMENT ON 'B' CLASS BANKS
SETTLEMENT ON OTHER ISSUES
SETTLEMENT ON COMPUTERS
SETTLEMENT ON 5TH BPS
17-09-1984
28-02-1995
05-01-1987
29-03-1987
23-02-1989
5th BIPARTITE SETTLEMENT
SETTLEMENT FOR 'B' CLASS BANKS
SUPPLEMENTARY SETTLEMENT
SETTLEMENT FOR 'B' CLASS BANKS
RESIDUAL ISSUES SETTLEMENT
PENSION & COMPUTER SETTLEMENT
MINUTES ON HRA
10-04-1989
0
3-02-1990
29-06-1990
13-10-1990
16-07-1991
29-10-1993
22-06-1994
6th BIPARTITE SETTLEMENT
MOU ON RELATIVITY
RELATIVITY SETTLEMENT
SETTLEMENT ON RESIDUAL ISSUES
14-02-1995
30-09-1996
14-12-1996
28-11-1997
7th BIPARTITE SETTLEMENT
27-03-2000
8th BIPARTITE SETTLEMENT
02-06-2005