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10th Bipartite Settlement for Banks wages revision: Updates as on 16.04.2015

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TENTH BIPARTITE UPDATES

Today’s Meeting update ( 16/04/2015 )

Today IBA UFBU meeting took place wherein all details of proposed new medical reimbursement scheme was discussed. Scheme will be finalised shortly. For retirees also we have asked iba to workout a similar scheme. In the afternoon discussions on other demands of workmen and officers were discussed. Next week negotiating committee meeting will be held and pay scales etc will be discussed.

Morning Session headed by Shri Arun Tiwari: Detailed discussion held on new Hospitalisation Scheme with Health Insurance tie-up. However, finally there was a divide between Public Sector Bank Employees and SBI and SBI opted out of the proposed Scheme as they felt that SBI scheme is better.
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