Central Committee Meeting of All India PNB Staff Federation will be held on 25th January 2019 at 10.00 a.m. at Hotel Trident Inn, Shree Vishnu Lane, Main Road, Ranchi-1(Jharkhand). All the Central Committee Members are advised to get their tickets booked. Notice follows.

In terms of clause 7 of the 10^th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees applicable for the quarter November 2018 to January 2019 shall be 60.70% of ‘Pay’ against 54.10% of ‘Pay’ for the previous quarter. 

In discussion held with IBA on 12th October 2018, UFBU reiterated that:

1. IBA's offer of 6% should be substantially improved,

2. Performance Linked Pay should be delinked from wage revision and

3. Resolution of mandate issue

IBA repeated their proposal that wage increase should be linked to paying capacity. UFBU have rejected and informed that if IBA does not change their stand it will lead to confrontation and agitation.

To know about detailed negotiations Click: http://aipnbsf.org/files/NCBE%20Cir.%2028_0.pdf

To know about next programmes Click: http://aipnbsf.org/files/ncbe%2029.pdf

In meeting held on 29^th September 2018 with IBA, UFBU demanded increase from their earlier offer of 6% but IBA proposed performance related additional bank-wise increase based on operating profit and ROA. UFBU did not agree and reiterated its demand. Further talks will continue in the next round. On merger issue UFBU to hold demonstrations on 9th October in all state capitals and towns. UFBU will meet on 14th October to decide further course of action.