Scribd Logo
Upload

Welcome to Scribd!

  • Aibea Cir 85.27

    Uploaded by

    Shubham
    27 views3 pages

    Original Title

    aibea cir 85.27

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    27 views3 pages

    Aibea Cir 85.27

    Uploaded by

    Shubham

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 3

    ALL INDIA BANK EMPLOYEES' ASSOCIATION

    Central Office: “PRABHAT NIVAS” Regn. No. 2037


    Singapore Plaza, 164, Linghi Chetty Street, Chennai-600 001
    Phone: 2535 1522 Web: www.aibea.in
    e mail : [email protected] & [email protected]

    CIRCULAR NO. 29/85/2024/27 21-3-2024


    TO ALL OUR UNIONS AND MEMBERS
    Dear Comrades,
    12TH BIPARTITE SETTLEMENT
    • BANKS ARE GETTING READY TO IMPLEMENT THE NEW PAY
    SCALES AND DISBURSE THE ARREARS TO EMPLOYEES.
    After the 12th Bipartite Settlement was signed on 8-3-2024, Indian Banks’
    Association has forwarded the copy of the Settlement to all the 25 Banks which
    are party to the Settlement with the advice to proceed with the implementation
    of the new pay scales and allowances as well as disburse the arrears w.e.f.
    1-11-2022 accruing on account of the Settlement.

    For the officers also, the Government has approved the implementation of the
    Joint Note on an adhoc basis pending amendment to the Officers Service
    Regulations.

    Accordingly, Bank managements are taking steps to implement the revised


    payscales and allowances and pay the arrears also before this month end. We
    also learn that management are making efforts to pay the Ex-gratia amount for
    the pensioners while crediting the pension for the month of March, 2024 along
    with the arrears of ex-gratia from November, 2022.
    We hope that all the Banks will be able to complete the process in time and
    implement the new pay scales as scheduled.
    We have already uploaded the arrears calculation formula in our website,
    facebook page, etc. and all our members can ascertain the gross and net arears
    that they will get. In our Website one can enter and access the formula with
    the Login ID : I love AIBEA and Password AIBEA right path.
    This time our Settlement was reached in record time of less than six months
    and without the need for strikes, etc. The settlement has also ensured higher
    wages and various improvements in service conditions. We are happy that the
    Settlement will also be implemented shortly.
    We convey our greetings and express our happiness about the initiative taken
    by the IBA and Bank managements for the speedy implementation of the 12th
    Bipartite Settlement.
    With greetings,
    Yours Comradely,

    C.H. VENKATACHALAM
    GENERAL SECRETARY

    Encl: Gross salary and Gross increase in salary for March, 2024
    ALL INDIA BANK EMPLOYEES’ ASSOCIATION

    CLERK 11th BPS Gross salary 12th BPS Gross salary GROSS
    Basic Pay 11th BPS Basic Pay 12th BPS INCREASE
    MARCH, 24
    1 17900 33669 24,050 38,658 4,989
    2 18900 35500 25,390 40,757 5,257
    3 19900 37331 26,730 42,856 5,525
    4 20900 39162 28,070 44,955 5,793
    5 22130 41415 29,720 47,540 6,125
    6 23360 43667 31,370 50,124 6,457
    7 24590 45919 33,020 52,709 6,790
    8 26080 48648 35,020 55,842 7,194
    9 27570 51376 37,020 58,975 7,599
    10 29060 54105 39,020 62,108 8,003
    11 30550 56833 41,020 65,241 8,408
    12 32280 60000 43,360 68,906 8,906
    13 34010 63169 45,700 72,572 9,403
    14 35740 66337 48,040 76,238 9,901
    15 37470 69504 50,380 79,903 10,399
    16 39200 72673 52,720 83,569 10,896
    17 40930 75840 55,060 87,234 11,394
    18 42660 79008 57,400 90,900 11,892
    19 45930 84997 61,800 97,793 12,796
    20 47920 88640 64,480 101,990 13,350
    21 49910 92284 67,160 106,189 13,905
    22 51900 95928 69,840 110,387 14,459
    23 53890 99572 72,520 114,585 15,013
    24 55880 103216 75,200 118,783 15,567
    25 57870 106860 77,880 122,981 16,121
    26 59860 110504 80,560 127,180 16,676
    27 61850 114148 83,240 131,378 17,230
    28 63840 117792 85,920 135,576 17,784
    29 65830 121436.09 88,600 139,774.23 18,338
    30 65830 121436.09 91,280 143,972.41 22,536
    31 65830 121436.09 93,960 148,170.59 26,734

    • Includes BP, Spl. Allowance, HRA, Transport Allowance and DA


    • Excluding Spl. Pay, PQP, FPP
    SUBSTAFF 11th BPS Gross 12th BPS Gross GROSS
    Basic Pay salary Basic Pay salary INCREASE
    MARCH, 24
    1 14500 27443 19500 31530 4,087
    2 15000 28359 20165 32572 4,213
    3 15500 292734 20830 33614 4,340
    4 16000 30189 21495 34655 4,466
    5 16500 31105 22160 35697 4,592
    6 17115 32231 22990 36997 4,766
    7 17730 33357 23820 38297 4,940
    8 18345 34483 24650 39597 5,114
    9 18960 35610 25480 40898 5,288
    10 19575 36735 26310 42197 5,462
    11 20315 38091 27300 43749 5,658
    12 21055 39446 28290 45299 5,853
    13 21795 40801 29280 46850 6,049
    14 22535 42156 30270 48401 6,245
    15 23405 43749 31440 50234 6,485
    16 24275 45342 32610 52066 6,724
    17 25145 46935 33780 53899 6,964
    18 26145 48766 35125 56006 7,240
    19 27145 50597 36470 58113 7516
    20 28145 52429 37815 60220 7,791
    21 29145 54260 39160 62327 8,067
    22 30145 56091 40505 64434 8343
    23 31145 57922 41850 66541 8,619
    24 32145 59754 43195 68648 8,894
    25 33145 61585 44540 70755 9,170
    26 34145 63416 45885 72862 9,446
    27 35145 65247 47230 74969 9,722
    28 36145 67078 48575 77075 9,997
    29 37145 68909 49920 79182 10,273
    30 37145 68909 51265 81290 12,380
    31 37145 68909 52610 83396 14,487

    • Includes BP, Spl. Allowance, HRA, Transport Allowance and DA


    • Excluding Spl. Pay, PQP, FPP

    You might also like