Highlights of 10th Bank Bipartite Settlement
Here are the main HIGHLIGHTS of pay AND other details finalized in 10th Bipartite Settlement
Settled as : Proposed hike of 15% ‘Pay Slip Components’ which will be distributed among various components of monthly pay such as Basic Pay, Special Pay, FPP, PQP, Dearness Allowance, HRA, CCA, and Other Allowance.
1. A step towards 5 Days Banking
Holiday for 2nd and 4th Saturdays of each month
It was a good news for bankers in 10th BPS that by agreeing to work for full time on 1st 3rd and 5th Saturdays in months Holiday for 2nd and 4th Saturdays approved by IBA. Only disappointment is in a month having 5 Saturdays, there will be full working days on 3 Saturdays (first, third and fifth).
2.Special Allowance (New Allowance)
7.75% of Basic Pay. D A is payable on this allowance.
3.Leave Fare Concession
Officer shall be entitled to receive an amount equivalent to the eligible fare for the class of travel of which he is entitled up to a distance of 4500 kms (one way) for officers in JMG-Scale-I and MMG – Scale II & III and 5500 kms (one way) for officers in SMG- Scale IV & above.
Subordinate staff – 2 Year Block 2500 kms.(one way), 4 Year Block 5000 kms.(one way),
Class of fare -AC III Tier for the journey by mail/express train. By Steamer – II Class Cabin
Non Subordinate staff – 2 Year Block 2000 kms.(one way), 4 Year Block 4000 kms.(one way),
Class of fare -II AC for the journey by mail/express train. By Steamer – I Class Cabin
4.D.A. Rates (%) per slab
0.10% per slab over 4440 points
5. Halting Allowance
Halting Allowance Officers (w.e.f. 1.6.2015)
Scale 6 and above
Metro- 1800, Class A Cities- 1300, Area 1-1100 , others -950
Scale 4 and 5
Metro- 1500, Class A Cities- 1300, Area 1-1100 , others -950
Scale 1 , 2 , 3
Metro- 1300, Class A Cities- 1100, Area 1-950 , others – 800
click to Know About : 9th Bipartite Settlement
Halting Allowance Workmen
Clerical
Places with population of 12 lakhs and above and States of Goa — Rs.700
Places with population of 5 lakhs and above, State Capitals/ Capitals of Union Territories not covered in column (A) -Rs.600
Other Places- Rs. 450
Substaff
Places with population of 12 lakhs and above and States of Goa — Rs.500
Places with population of 5 lakhs and above, State Capitals/ Capitals of Union Territories not covered in column (A) -Rs.400
Other Places- Rs. 250
6.House Rent Allowance
45 lacs & Abv. |
12-45 lacs |
Below 12 lacs | 4th Area abolished |
|
% | % | % | ||
Clerks | 10.00 | 9.00 | 7.50 | |
Sub-staff | 10.00 | 9.00 | 7.50 |
7. Medical Aid
Medical Aid for Oficers Rs. 8000 up to Scale III & 9050 above Scale III
Medical Aid for Workmen Rs. 2200 .
8. Leave
Paternity Leave – 15 days twice in service.
Spl. Leave for hysterectamy – 60 days
9.Officer Pay Scales (Basic)
Basic Pay 23700 – 85000
Special allowance
Up to Scale III @ 7.75% + DA
Scale IV and V 10% + DA
Scale Vi and VII 11% + DA
HRA @ 7 8 9 %
CCA @ 600 and 870> 3% and 4% subject to maximum
Officer Scale I Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020
Officer Scale-II Rs. 31705-1145/1-32850-1310/10-45950. Rs. 48800
Officer Scale III Rs. 42020-1310/5-48570-1460/2-51490. Rs. 64600
10 . Workmen Pay Scales
Pay Scales | |
Clerks | 11765 – 655/3 – 13730 – 815/3 – 16175 – 980/4 – 20095 – 1145/7 – 28110 – 2120/1 – 30230 – 1310/1 – 31540 |
Sub-staff | 9560 – 325/4 – 10860 – 410/5 – 12910 – 490/4 – 14870 – 570/3 – 16580 – 655/3 – 18545 |
10. Special Pay – Clerks / Substaff
Single Window Operator | 820 |
Head Cashier II | 1280 |
Special Assistant | 1930 |
Bill Collector/Armed Guard | 390 |
Daftary | 560 |
Head Peon | 740 |
Electrician/AC Plant Helper | 2040 |
Driver | 2370 |
Other allowances
Washing Allowance – Rs.150/- p.m.
Cycle Allowance – Rs.100/- p.m.
Split Duty Allowance – Rs.150/- p.m.
Hill &; Fuel – 8% Max. 1500, 4% Max. 600, 3% Max. 500
Proj Area Comp Allow. – Clerk – 250, 200 – SS – 200, 175
LFC/Hospitalisation – Dependent income Rs.10,000/-
Normal Delivery Charges Rs.50,000/-
For Part time empl Actual Service to be reckoned for Pension.
New Cashless Medical Scheme:
All employees/retires will be covered by a New Scheme which provides for full reimbursement of Hospitalization Expenses.
click to Know About : 9th Bipartite Settlement