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Tuesday, September 16, 2014



IBA had granted 17 1/2 % increase to bank employees in 9 th BPS. They are not ready to grant the UFBU just demand of 25 % increase in the on going 10th BPS negotiations.

GOI was magnanimous to raise the fitment formula to 40% as against 20% recommended by the 5 th CPC of the 'maximum' of the pre revised pay of the scales of pay of 4 the CPC. GOI also accepted 100% neutralisation in DA/DR to employees, pensioners and family pensioners as early as from January, 1996 as recommended by the 5 th CPC . There is no discrimination between pre and post 01-11-2002 pensioners as is in the banks or in the LIC pensioners retired before and after 
01-08-1997.
GOI also accepted the 6 th CPC recommendation of ' fitment ' in the ' form of Grade Pay ' which has been normally taken at 40 % of the 'maximum' of the pre revised pay of 5 th CPC pay scales. A few examples given below in respect of the 6 th CPC by way of clarification :
Scale-8 ..4500-7000 ( 5 th CPC scale ) ; 40 % of l7000 = 2800 Grade Pay -PB-1 (6 th CPC )
Scale-14..7500-12000 ( 5 th CPC scale ) ; 40 % of 12000 = 4800 Grade pay-PB-2 ( 6 th CPC )
Scale-21..10000-15200 ( 5 th CPC scale ; 40 % of 15200 = 6080 ; Grade Pay fixed more at 6600 -
-PB- 3 ( 6 th CPC )
Scale-25..15100-18300 ( 5 th CPC scale ) ; 40 % of 18300 =7320 ; Grade Pay fixed more at 8700 -
-PB-4 ( 6 th CPC ).
Distinct pay scales and fixed pay recommended for higher category posts like Secretary, Cabinet Secretary and the like as they are Heads of Departments /Ministries etc.

The 4 th CPC had recommended running Pay Band Scales to Defence personnel and it was implemented. The 5 th CPC recommended specific pay scales to civilians and defence personnel. The 6 th CPC made a 'conscious departure' from the previous CPCs in recommending running Pay Band Scales because of  'inherent advantage' of running scales of pay : The individual pay scales often lead to stagnation as they have a limited span. The pay scales pruned to 20 as against 35 standard pay scales in the 5th CPC. The 5 th CPC had 'merged' 51 scales that existed as per 4 th CPC to 35 scales.
There is also Modified Assured Career Progression in GOI. There is time bound three promotions after ten, twenty and thirty years of service. The earlier Assured Career Progression which had two time bound promotions in a span of 24 years had 'better features'. The matter is 'sub judice' and the courts are in employees side.
The pay in the Pay Band Scales have been computed by adding to the existing basic pay and 
'full merger ' of Dearness Allowance at 86 % ( CPC had recommended 74 % _ details unnecessary ) as on 01-01-2006. That is in short existing basic pay x 1.86 factor = revised basic pay. Full merger helps in increase in the basic pay. This benefit along with elongated Pay Band pay scales is a bonanza to Central Government employees.
RBI has also given much better pay structure in its last two revisions effective from 01-11-2002 and 2007 compared to other banks under the aegis of UFBU and almost equal to the pay scales drawn by comparable cadres in GOI - but do not have Pay Band Scales. They have assured promotional avenues. Some grade officers are fitted in the pay of next higher grade officers scale of pay one year after reaching maximum in their existing grade.

UFBU and the employees of banks should ensure to get their legitimate increase in pay, allowances, etc. and try be at par with GOI employees and Pensioners. LIC employees and pensioners too deserve the same kind of treatment to get pay and pension benefits at par with GOI.

SN ( a 1992 pensioner )