11th BPS or CPC or Separate banking pay commission what you want?????

After circular communication issued by Department of Financial Services addressed to CEO of Public Sector Banks, lots of speculations are being made and matter of 11th BPS is being debated. Taking lead in the matter, red flag union has conducted meeting and has finalised panel of its office bearers to prepare chartered of demand. We expect that similar course of action will be taken by other unions and associations very soon.

Under these circumstances, Bank Employees have to play a decisive role. They have to decide whether they are satisfied with present set up of BPS or they want to bring changes either through inclusion in CPC or separate Banking Pay Commission?

The red flag union knows very well that majority of Bank Employees are not satisfied with present set up. It has experienced biggest resentment during 10th BPS and had a hard time controlling the anguish of its employees. They are master in playing clever games. Through their clever tactics, they succeeded in diverting the attention of bank employees and checked the pace of agitation which started building around September 2014.

I see setting up of the panel to prepare charter of demand as one of the most clever game. Since now most of the employees are new in banking industry, they are not aware of the system. I foresee that in the name of preparation of charter of demand, they will try to divert attention of bank employees from the basic demand of equality and parity. We already see that suggestions and proposals for 11th BPS are being moved by bank employees. I have been seeing this game since long. As per this game, bank employees are befooled to suggest changes for being incorporated in charter of demand. This way they get engaged. Then Unions conduct meetings to finalise their Charter of Demands. What I have seen, at such meetings, whatever you suggest is included and you feel satisfied. Thereafter, powerful group of persons known as UFBU sits across to finalise common charter of demand. They put their entire brilliance in drafting Common Charter of Demand and circulate it to generate interest of bank employees.

Actual game starts behind the scene. Those involved in trading in the name of union having understanding with IBA plan a meeting. From here same old percentage game gets started, Charter of Demands adopted by Unions in their meeting becomes meaningless. Ball is now completely in the court of group of 10-12 persons to decide every thing. Others just become helpless to follow. Drama of STRIKE AND AGITATION is staged in which Chamchas play important role at the dictates of their bosses.

So its for Bank Employees to decide whether they want to decide their destiny through this old game or they want to decide their destiny on their own through open, transparent and democratic process? If they choose later, they must refrain paying attention to present system and these clever games, they must not discuss what these culprits are doing. Instead they must concentrate on their own movement of securing lost dignity by ensuring at least equality and parity.

Its high time to gear up the agitation of We Bankers.

by 

Kamlesh Chaturvedi 

Eleventh Bipartite Settlement – Pay Scales to be Demanded

Eleventh Bipartite Settlement – Pay Scales to be Demanded

We are all aware that the Department of Financial Services, Ministry of Finance has set the ball rolling for commencement of 11^th BPS and they have issued a notification to all the banks that are part of the process, advising them to complete the whole process well before the due date i.e. 1^st November, 2017.

So, I have now been tempted to initiate the process, by making these suggestions.

Before proceeding further, we must remember that the implementation of new pay scales for central government employees under 7^th CPC is already under way.  Their new pay scales are expected to be implemented with effect from 1^st January, 2016.

Their new basic pay is expected to vary from 2.57 to 2.78 times their present pay.

Even at the pre-revised level (i.e. 6^th CPC level), their Basic Pay is higher than the revised Basic Pay of the bank staff, after 10^th BPS.

Alright, let us now proceed to arrive at the new Basic Pay to be fixed in 11^th BPS.

Assumptions:

1. The average All India Consumer Price Index for Industrial workers (Base: 1960=100) is expected to be at 6777 for the quarter ending 30^th September, 2017 (assuming that the annual inflation will be 6% for the next 2 years).
2. Accordingly, the DA as on 31-10-2017 on the exiting basic pay will be at 58.40%.
3. Unlike last time, it is expected that the full amount of D.A. outstanding as on 31.10.2017 will be merged, as is being done in the case of Central Government Employees.
4. So, the whole D.A. at 58.40% will be merged with the existing basic pay, at the time of next wage revision.
5. Then, the Special Allowance with applicable D.A. thereon (introduced in 10^th BPS) is also to be merged with the existing basic pay.
6. Then, on this amount, an increase of 40% (additional load factor) is given and fixed as the revised Basic Pay. It is then rounded off to the next higher 100.

Now, let us see how much it translates to, so as to arrive at the revised Basic Pay for each staff, depending on his cadre/grade.  Variation occurs here, only because of the difference in the rates of Special Allowance fixed for officers in different grades and scales.

(Amount in Rupees)

S No	Components of Revised Basic Pay	Sub-staff to Officer MMGS III	Officer SMGS IV & SMGS V	Officer TEGS VI & TEGS VII
1	Present Basic Pay (Notional)	100.00	100.00	100.00
2	Special Allowance as per 10th BPS (excluding D.A. thereon)	7.75	10.00	11.00
3	Total of (1) and (2) above	107.75	110.00	111.00
4	D.A. as on 31.10.2017 (Projected) calculated on (3) above	62.93	64.24	64.82
5	Total of (3) and (4) above	170.68	174.24	175.82
6	Revised Basic Pay, after adding 40% additional load on (5) above	238.95	243.94	246.15

S No	Rank/Grade	Existing Basic Pay (Rupees)		Revised Basic Pay (Rupees)		Annual Increment – New (Rupees)
		Starting	Closing	Starting	Closing
1	Sub-staff	9560	18545	24000	44200	900/8  - 1100/8 - 1400/3
2	Clerk	11765	31540	30000	68900	1500/3 – 1900/8 – 2400/8
3	Officer – JMGS I	23700	42020	57000	104100	2400/7 – 2900/2 – 3500/7
4	Officer – MMGS II	31705	45950	73800	111100	2900/2 – 3500/9
5	Officer – MMGS III	42020	51490	97100	123000	3500/5 - 4200/2
6	Officer – SMGS IV	50030	59170	114600	141400	4200/4 - 5000/2
7	Officer – SMGS V	59170	66070	131400	153400	5000/2 – 6000/2
8	Top Executive – TEG VI	68680	76520	159400	185800	6000/2 – 7200/2
9	Top Executive – TEG VII	76520	85000	185800	217000	7200/2 – 8400/2

Note:

1.     The new Basic Pay is arrived, by multiplying the present Basic Pay by the factor as stated above.

2.     Then, the new basic pay so arrived at is raised to the next higher 100 Rupees.

3.     This figure will be the new Basic Pay.

4.     The Basic Pay mentioned above is exclusive of the Stagnation Increments, wherever applicable.

5.     Amount of new increment is slightly lower than 4% of the revised Basic Pay at each stage.

6.     It must be noted that even the revised Basic Pay at this level is far below the proposed Basic Pay of the Central Government staff, as per 7^th CPC.

7.     Since the entire D.A. outstanding as on 31.10.2017 is to be merged with the existing Basic Pay, the new D.A. as on 01.11.2017 will be ‘Nil’.

8.     Therefore, we are fully justified in demanding the revised Basic Pay at this level and we need not feel guilty that our demand may sound unreasonable, impractical and excessive.

9.     Unless we convince ourselves regarding the justification in our demands, we cannot go the bargaining table with total confidence.  This we must remember.

Some Important Points

1. Already we are far behind the central government employees in pay and perks and if we fail to bridge the gap between them and us at the time of 11^th BPS, the gap will keep on widening further and further, with each wage revision.
2. Already the bank jobs have lost their charm, for the highly qualified and meritorious candidates and the attrition rate is also very high as compared to any other sector or industry.
3. Moreover, we must remember that nearly 40% of the existing staff in the banking industry retire in the normal course (on attaining the age of superannuation), in the next 4 years.  The exodus will be like a deluge between 2018 and 2020.
4. With the recruitment not taking place at the desired levels, the staff position will only deteriorate, with the indiscriminate branch expansion by all banks in general and public sector banks in particular.  With the introduction of new products every now and then, the situation will turn precarious.
5. Therefore, unless we make the bank job a more lucrative and interesting profession, banks especially in the public sector cannot attract good talent and retain it.
6. If the revised basic pay is not at the level projected hereinabove, it will only reflect upon our weak bargaining power and the inability of our union leaders to feel the pulse of the staff especially those in the public sector banks.
7. If we cannot achieve revision as projected here, we must demand CPC scales or a separate Banking Pay Commission. For that to happen, disbanding of UFBU is a sine qua non.

Date: 14-01-2016                                                                                                                       pannvalan

The ministry of Finance has initiated the 11 th BPS for Banke employees

An Appeal to: Dr. Subramanian Swamy:

The ministry of Finance has initiated the 11 th BPS for Banke employees. Still the wounds of the 10th BPS are fresh and paining. Whoever might have been responsible for such an act of provocation and insult to bank employees and Bank Pensioners have not understood the fall out of the 10th BPS where the United Forum of Bank Unions led by Communist affiliates have signed the settlement with IBA to reduce the superannuation benefits and Pensions of the Bank employees. Sir, You have been a trade union leader for Bank employees. Now it is time for you to correctly represent the facts before the Hon.Prime Ministers of India-who is behind this atrocious action of separating the Bank employees who are an important and vital organ of the Gvt. of india in implementation of its policies and programmes. They are opinion makers and changers of the course of the game. The bank employees to day lack a credible union / organisation to represent them truly. In fact they are held captive and used worse than slaves without any alternative system of support. There is no democracy and transparency in the Unions and representatives selection. Still the feudal system of Nominatio by delegates prevails. Employees are living under fear of victimisation by these trade union leader mafia. We want / demand E-Voting before the Trade Union leaders are called for negotiations. The present leaders are retired from their active service years back still they are hanging on to the Trade union positions and power denotes the strength of their mafia hold on the system and black mailing the Govt. in blocking any reforms. With the advent of BJP Govt. every bank employee and Pensioner felt that much needed relief will come to them. But under the present dispensation it has become from the pan into fire. so was the election results to BJP in Delhi and Bihar elections. The opposition led Unions were successful in presenting the BJP / NDA Govt. in a wrong way and antiemployees. Now atleast a correction will be made either bringing the Bank employees under a wage commission or introducing Evoting for selection and election of Union representatives. Please present the case in the fittest possible way to the Hon. Prime Minister of India-so that after 2017 also the BJP stays in power.

Eleventh Bipartite Settlement

Sorry Its not Fake ministry has uploaded the circular now.

http://financialservices.gov.in/ncapp/Circulars.aspx?ct=B

News on Eleventh Bipartite

Never thought that we have to add this page to our website this much early.  We all know that the Eleventh Bipartite   is due from 01 11 2017.   Normally UFBU will submit its charter of demands to IBA and requests for implementation of  Bipartite.

We are seeing a circular in social media issued by Department of Financial services. Where  in all chief executives of Public Sector Banks were instructed to initiate the process of negotiations,  and conclude the Eleventh Bipartite prior to effective date.

We did a small research and found the following

1. The circular is signed by Manish Kumar and his signature is tallying with other previous circulars.
2. The Reference No of the circular F.No. 4/2/2/2015-IR  dt. 12.01.2016, is a fake.  They have added an extra 4 at the starting to a previous circular  F.No. 2/2/2015-IR dt. 22.12.2015 which is issued with regard to discontinuation of interviews.
3. Department of financial services has not issued any circular with regard to Eleventh Bipartite.  The last circular issued by then is on 22.12.2015.

Finally we conclude that there is no such circular with regard to Eleventh Bipartite and the circular which is circulation is  fake.

Warning  Please do not use the signatures of the High Level Government Officials for creating fake circulars.  Its a Crime.

Please visit     http://financialservices.gov.in/ncapp/Circulars.aspx?ct=B