Scribd Logo
Upload

Welcome to Scribd!

  • Aibea Cir 66.08

    Uploaded by

    bnarayanachowdary
    6 views1 page
    The document announces that the 12th Bipartite Settlement between IBA and UFBU, which determines wages for bank employees, will be signed on March 8th, 2024 in Mumbai instead of the originally planned date of March 11th in Chennai. It clarifies that the settlement will include an ex-gratia payment for all pensioners from January 1986 to October 2022. It asks members to disregard misleading social media posts and look forward to a successful signing of the agreement to provide benefits to employees and pensioners without delay.

    Original Description:

    Original Title

    AIBEA CIR 66.08

    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
    The document announces that the 12th Bipartite Settlement between IBA and UFBU, which determines wages for bank employees, will be signed on March 8th, 2024 in Mumbai instead of the originally planned date of March 11th in Chennai. It clarifies that the settlement will include an ex-gratia payment for all pensioners from January 1986 to October 2022. It asks members to disregard misleading social media posts and look forward to a successful signing of the agreement to provide benefits to employees and pensioners without delay.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Aibea Cir 66.08

    Uploaded by

    bnarayanachowdary
    The document announces that the 12th Bipartite Settlement between IBA and UFBU, which determines wages for bank employees, will be signed on March 8th, 2024 in Mumbai instead of the originally planned date of March 11th in Chennai. It clarifies that the settlement will include an ex-gratia payment for all pensioners from January 1986 to October 2022. It asks members to disregard misleading social media posts and look forward to a successful signing of the agreement to provide benefits to employees and pensioners without delay.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    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 : chv.aibea@gmail.com & aibeahq@gmail.com

    CIRCULAR NO. 29/66/2024/08 5-3-2024


    TO ALL OFFICE BEARERS/STATE FEDERATIONS/
    ALL INDIA BANKWISE UNIONS
    Dear Comrades,

    IBA invites UFBU to sign the wage revision Settlement


    At Mumbai on 8th March, 2024 ( instead of 11th)

    We had informed our unions that IBA has invited UFBU/Unions for signing the
    final Settlement at Chennai on the 11th March, 2024. In the meantime, today
    night, IBA contacted UFBU that due to exigencies, the meeting has to be
    preponed to 8th march at Mumbai.
    Accordingly, the Bipartite meeting will be held at Mumbai on the 8 th March,
    2024 and the 12th Bipartite Settlement will be signed on that day.

    A lot of our members are contacting us with various queries. Once the
    Settlement is signed, the full details will be informed to all our unions and
    members immediately.
    Many pensioners are contacting us whether the additional Ex-gratia agreed by
    the IBA with the UFBU will be implemented along with the Bipartite
    Settlement. We have already clarified that the 12th BP Settlement will include
    ex-gratia payment for all the pensioners/family pensioners (from January,
    1986 to October, 2022). Arrears of Ex-gratia is payable from November,
    2022. Pensioners need not have any anxiety in this regard.

    We also observe some malicious messages in the social media by some of the
    misguided or ill-informed employees/officers. At the time of every settlement
    such attempts are made by some elements for one reason or the other. We
    shall reply and deal with these issues later on after the Settlement is signed.
    Our members need not give much cognisance to this deliberate propaganda.
    All of us know who are behind these attempts.

    Let us move towards successful signing of the Bipartite Settlement so that the
    benefits of the same are extended to the employees and pensioners without
    further delay.

    With greetings,
    Yours Comradely,

    C.H. VENKATACHALAM
    GENERAL SECRETARY

    You might also like