AIBEA Central Committee Meeting and improvement in wages of Employees

AIBEA

AIBEA claim on 10TH B.P.S

Central Committee meeting of AIBEA was held at Rajkot in Gujarat on 8th and 9th July, 2015.

10th BP Settlement hailed: A detailed reporting was made about the salient features of the recently signed 10th BP Settlement and the significant improvement in the various service conditions besides increase in wages of the employees. After deliberations, the CC adopted a Resolution as under:

“The Central Committee meeting of AIBEA held at Rajkot on 8th and 9th July, 2015, after detailed perusal of the 10th BP Settlement welcomes the Settlements as a significant achievement in improving the wages and service conditions of the bank employees.

Continuation of the collectively bargained uniform industry-level Settlement on wages and service conditions and overcoming the attempts to foist bank wise wage agreements are major achievements.

Substantial increase in the emoluments of the employees as compared to the previous settlements is a salient feature of the Settlement. The CC also notes that all other service conditions have been satisfactorily improved upon. More importantly, achievement of a new scheme providing for full reimbursement of hospitalisation expenses is a major achievement. Getting it extended to all existing retirees is another salient feature.m

The CC further notes that all the adverse conditions sought to be imposed by the managements could be neutralised and successfully thwarted.

The CC also takes into account the total economic backdrop and background in which the Settlement has been achieved and hence unanimously approves the Settlement with acclaim and appreciation as one more milestone in our onward journey to promote the economic interests and living standards of the bank employees”

Source: Indian Bank Kumar

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