10th Bipartite Settlement – Fixed Personal Pay

10th bipartite Settlement

10th Bipartite Settlement – Fixed Personal Pay

Fixed Personal Pay

In partial modification of Clause XIV of Bipartite Settlement dated 29th October 1993, Clause 13 of Bipartite Settlement dated 27th March 2000, Clause 13 of the Bipartite Settlement dated 2nd June 2005 and Clause 13 of Bipartite Settlement dated 27th April 2010, the Fixed Personal Pay shall be revised with effect from 1st November 2012 as per Schedule III.

Note : Only employees who were in the service of the bank on or before 1 st November 1993 will be eligible for FPP, one year after reaching the maximum scale of pay, they are placed in.

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