10th BPS Pay Scales for Bank Employees – PNB Employees Federation reports

10th BPS Pay Scales for Bank Employees – Bi-Partite Settlement between IBA and negotiating unions /associations will be signed on 25th May 2015 in IBA office at Mumbai

All India Punjab National Bank Staff Federation has in its circular No: 11/2015 dated 20.05.2015 has reported the new pay scales of all bank employees as a result of 10th Bipartite Wage Settlement which is almost finalized. It is informed PNB Bank Employees union that 10th BPS will be signed between IBA and all bank unions on 25th May 2015.

It is also informed by this staff federation that RBI has cleared the proposal of IBA to declare 2nd & 4th Saturdays as holidays. The clearance has been sent to the Government for approval.

In the mean time, Negotiating Committee Meeting of NCBE will be held on 24.05.2015 at 1.00 pm in Banquet Room, Cooper Chimney, Kalaghoda, Fort, Opp. Jehangir Art Gallery, Mumbai. Thereafter, all the members of Negotiating Committee have to be present in IBA office at 3.00 pm on the same day.  Tenth Bi-Partite Settlement will be signed on Monday, the 25th May 2015 in IBA office at Mumbai. All the members of Negotiating Committee are advised to plan accordingly.

ALL INDIA PNB STAFF FEDERATION

(Affiliated to N.C.B.E.)

Circular No. 11/2015

Dated: 20.05.2015

TO ALL MEMBERS

10th BIPARTITE SETTLEMNT AT A GLANCE PAYSLIP INCREASE 15% (Rs.2270 CRORE)

1. Pay Scales:

With effect from 01.11.2012

CLERICAL STAFF

SUB STAFF

STAGE EXISTING BASIC PAY REVISED BASIC PAY EXISTING BASIC PAY REVISED BASIC PAY
9thBPS 10th BPS 9th BPS 10Tth BPS

1

7200

11765

5850

9560

2

7600

12420

6050

9885

3

8000

13075

6250

10210

4

8400

13730

6450

10535

5

8900

14545

6650

10860

6

9400

15360

6900

11270

7

9900

16175

7150

11680

8

10500

17155

7400

12090

9

11100

18135

7650

12500

10

11700

19115

7900

12910

11

12300

20095

8200

13400

12

13000

21240

8500

13890

13

13700

22385

8800

14380

14

14400

23530

9100

14870

15

15100

24675

9450

15440

16

15800

25820

9800

16010

17

16500

26965

10150

16580

18

17200

28110

10550

17235

19

18500

30230

10950

17890

20

19300

31540

11350

18545

+ 1

20100

32850

11750

19200

+2

20900

34160

12150

19855

+3

21700

35470

12550

20510

+4

22500

36780

12950

21165

+5

23300

38090

13350

21820

+6

24100

39400

13750

22475

+7

24900

40710

14150

23130

+8

42020

23785

2. Stagnation Increments:

8 (Eight)

Sub-staff: 8×2 years;                    Clerical: 5×3 years + 3×2 years

3. Dearness Allowance:

0.10% per slab of 4 points over 4440 points of CPI 1960 Base

Quarter: Nov-12   Feb-13     May-13   Aug-13    Nov-13    Feb-14    May-14    Aug-14   Nov-14   Feb15   May15

Existing: 76.50      80.25        84.15       88.95        96.15        99.90      97.50        102.45    109.80    110.10    110.7

Revised: 10.90      13.40        16.00       19.20        24.00        26.50       24.90          28.20      33.10      33.30      33.70

4. PQP:

Rs.410, 800, 1210, 1620, 2010

5. Special Pay:

Clerical: SWO‘B’- 820, Head Cashier II- 1280, Special Assistant- 1930

Sub-staff: Armed Guard/Bills Collector- 390, Daftary- 560, Head Peon- 740

Driver- 2370, Electrician/AC Plant Helper- 2040, Head Messenger (IOB)- 1630

6. H.R.A.:

Population 45 lacs & above- 10%, 12-45 lacs & Goa- 9%, Other Centres- 7.5%

7. FPP:

Clerical: 1580, 1570, 1550, 1550 / 1450 (increment component- 1310)

Sub-Staff: 790, 790, 780, 780 / 730 (Increment component- 655)

8. Transport Allowance:

Upto 15th stage- Rs.425, 16th stage and above- Rs.470

9. Special Allowance (A New Allowance Introduced):

7.75% of Basic Pay + D.A. thereon

10. Medical Aid:

Rs.2200 p.a.

11. Washing Allowance:

Rs.150 p.m.

12. Cycle Allowance:

Rs.100 p.m.

13. Dependent family Income Criteria:

Income upto Rs 10,000 p.m.

The full Settlement is under preparation and will be signed on Monday, the 25th May, 2015.

RBI has given its in principle clearance for implementing full holidays on 2nd & 4th Saturdays. Matter is being expedited with the Government now.

With Greetings,

Yours comradely,

(R.K.SHARMA) GENERAL SECRETARY

Source: All India Punjab National Bank Staff Federation

Also Check following Links for New Pay and Arrears Calculator for Bank Officers and other 10th BPC related news

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