Final settlement on 27th april

Final settlement on wage revision will be singed on 27 April.
Let us hope this is final date and no more postponement/hurdle will be there.

ఫైనల్ settlement

Till now we know that the 9th Bipartite Settlement would be signed on 15th. As of now, IBA has proposed that the final settlement can be signed on 20th April, 2010 since according to them all the issues stand resolved and the draft is also getting finalised. However, from Union side, there are very important issues like IBA’s proposals on outsourcing and increase in duties of Single Window Operators, Head Cashiers and Special Assistants without increase in Special Pay on which there are serious differences with the IBA.

Wage revision talks

I am placing below the information I come across for the benefit of andhra members

Discussions with IBA
Another round of small committee level discussion between IBA and UFBU was held today in Mumbai.

1. Compassionate Appointments: Further to the discussion amongst IBA and UFBU in the last round of meeting on compassionate ground appointments / financial compensation to the family of employees who die while in service wherein broad understanding were arrived at on the revised schemes, in today’s meeting we have taken up the issue with IBA for further possible improvements in age criteria and minimum compensation. It was decided to take up the matter for further discussion in the next round of talks.

2. Pension Option: On the issue of sharing the cost of Pension Option, the IBA opined that at least 50% of the deficit in cost should be borne by us and the remaining cost may be by the Banks. From our side we offered that 15% of the extra cost can be shared by us. After discussion it was decided to take up the issue again in the next round of talks.

3. Wage Revision: As regards our demand for wage revision, separate discussions were held with the Workman Union and Officers Association respectively. While further explaining your demands and proposals we wanted the IBA to come out with their offer as to how much additional wage increase can be given by them. IBA assured that in the next round of discussion they would give their reactions in this regard.

On construction of pay scales, it has agreed in principle that the revised pay scales would be constructed on 2836 points of Consumer Price Index (Average Index of July –September - 2006).

4. Next Meeting: It has been decided that the next round of Negotiation Committee level discussions will be held on 21.1.2009.

Scale I to II promotions in Andhra

Scale I to II promotion postings are also announced now.
Following are the postings.
1) M.Srinivas from Vizag is posted to Raipur
2) A Ram Mohana Rao from Nizamabad is posted to Varanasi
3) A Radha Krishna from peda karpamula is posted to Varanasi and
4)K Ramesh from Muthyampet is posted to I & A Division

promotee officers to scale III joined today

Only one Scale II Manager Sri G.Prakasa Rao has accepted promotion to Scale II from our Andhra Circle and reported Chennai ZIAO. He will be given his posting during this week. This is the first time that a promotee officer has accepted promotion without knowing his place of posting/headquarters.

ap transfers

Transfers orders issued on 6.8.08 in Andhra Pradesh
Name - Place of posting
Shri.
1)Vijaya Bhaskara Sharma - Nandigaon
2)Latif Khan-Musheerabad
3)KSV Ramesh-Central Office
4)Swami Nathan- Nizamabad
5)B.Rama Rao - Habsiguda
6)R.Ramnath - Guntur
7)Venkat Reddy - Cuddapah
8)Gummadi - Sanath Nagar
9)JayaShri - Retail Hub
10)S.Shyam Sunder - Lal Bazar
11)Jani Reddy - Kanchanbagh
12)Venkanna - Basheerbagh
13)GB Reddy- Central Office
14)Saibabu - RP Road
15)sivaramakrishnaiah - Lal Bazar
16)CV Prasad - 2nd lancer
17)Swaroop Kumar - Eluru
18)PB Srinivas - Guntur
19)Ramabrahmam Currency Chest
20)Jayaraj - Back Office
21)R.Srinivasa Rao - Governorpet
22)K.Venkatrao - Suryapet
23)Singa Reddy - MG Road