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Dearness Relief to Bank Pensioners from Feb 2019 – IBA

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igeadmin
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Dearness Relief to Bank Pensioners from Feb 2019 – IBA

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2018-19/6765
February 1, 2019

Designated Officers of all Member Banks
which are parties to the Bipartite Settlement on Pension

Dear Sirs,

Dearness Relief payable to Pensioners for the period February 2019 to July 2019

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December, 2017 are as follows:-

October 2018         –  6893.42
November 2018     –  6893.42
December 2018     –  6870.60

In terms of Regulation 37 of Bank Employees’ Pension Regulations, 1995 Dearness Relief is payable to pensioners at rates specified in Appendix II to the Regulations.

Also Read: Bank DA from February 2019 – IBA Circular

Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the Dearness Relief payable to pensioners for the period February 2019 to July 2019 as per Annexure.

Yours faithfully,

S K Kakkar
Senior Advisor (HR&IR)

Signed Copy

Bank DA from February 2019 – IBA Circular

By
igeadmin
-

Dearness Allowance to Bank Employees from Feb 2019

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR&IR/76/D/2018-19/6764

February 1, 2019

All Members of the Association
(Designated Officers)

Dear Sirs,

Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2019 under X BPS/ Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base1960-100) for the quarter ended December 2018 are as follows:-

October 2018           –      6893.42
November 2018      –       6893.42
December 2018        –     6870.60

The average CPI of the above is 6885 and accordingly the number of DA slabs are 611 (6885-4440= 2445/4= 611 Slabs) The last quarterly Payment of DA was at 607 Slabs. Hence there is a increase in DA slabs of 4, i.e 611 Slabs for payment of DA for the quarter February, March & April 2019

In terms of clause 7 of the 10th 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 for the months of February, March & April 2019 shall be 61.10 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Yours faithfully,

S K Kakkar
Senior Advisor (HR&IR)

Signed Copy

Bipartite Talks with IBA on Wage Revision : UFBU

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igeadmin
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Bipartite Talks with IBA on Wage Revision : UFBUufbu

CIRCULAR No. UFBU/2019/02

Date : 02-02-2019

TO ALL CONSTITUENT UNIONS/MEMBERS

Dear Comrades,

BIPARTITE TALKS WITH IBA ON WAGE REVISION

Another round of Bipartite Talks was held today in Mumbai between IBA and UFBU. IBA team was led by Shri Rajkiran Rai. G, (MD&CEO, Union Bank of India), Chairman of the Negotiating Committee. From UFBU, representatives of AIBEA, NCBE, AIBOA, BEFI, INBEF, INBOC and NOBW were present. AIBOC and NOBO did not participate in the discussions.

In their opening remarks, IBA expressed their concern about the absence of two constituent unions of UFBU and desired clarity about the composition of UFBU in the light of their absence so that IBA could take appropriate decision to proceed with further negotiations. IBA also made their point whether the absence of two Officers’ organisations would mean that the negotiations would be restricted to workman unions only in which case they would have to reframe the rules of the negotiations. However, IBA stated they would prefer to talk to all the 9 constituents together as in the past and hence wanted UFBU to sort out the issue suitably at the earliest. IBA also stated that it is in the interest of all concerned to expedite the negotiations and come to the conclusions at the earliest.

Reacting to the IBA’s remarks, we pointed out that we also desire the existing arrangement of all 9 unions negotiating together as is the practice so far. We also informed them that the absence of AIBOC and NOBO is on the issue of fractured mandate and hence that issue needs to addressed and resolved amicably. We informed them that UFBU would discuss the present development and revert to IBA as early as possible.

IBA improves offer to 10%: Talking on the issue of wage revision, we requested IBA to improve their earlier offer of 8% hike in the total wage bill so that the negotiations can be taken forward. In response, IBA revised and increased their offer to 10% hike in the wage bill relating to pay slip cost. While thanking them for the improved offer, we asked IBA to further improve their offer. IBA also stated that in view of this revised proposal, their formula on additional increase based on Operating profits and ROA would stand reduced accordingly.

Revised Pay Scales at 6352 Points of Index: On construction of revised pay scales, it was agreed by IBA that the new pay scales would be constructed by merger of DA up to 6352 points of consumer price index. We have suggested that after such merger of DA, adequate loading has to be ensured while working out the new pay scales. The issue needs further discussion in this regard.

Mandate issue: On the issue of restricted mandate given by the 6 Banks viz. SBI, PNB, BOB, Union Bank of India, IDBI Bank and Indian Bank, there were a lot of discussions including the implication of the same on the IBA’s formula to offer additional increase in wages based on Operating profits and ROA of each Bank on an annual basis. Views were expressed by IBA as well as from our side but it was found that further clarity of IBA’s views are needed before we could react on the same. Hence it was requested that IBA should come out with their further views on the issue to which IBA agreed. We requested IBA to hold next round of negotiations at the earliest to take the discussions forward so that the entire exercise could be expedited. We also informed them that other than Wage increase, there are issues like 5 Day Banking and other common issues besides issues of retired employees, etc. which need to be discussed and resolved. IBA informed that they would discuss the issues amongst themselves and then fix the next round of meeting by the middle of February, 2019.

Comrades, it will be observed that while the talks are progressing, there are still important hurdles and difficulties which need to be resolved and overcome before the talks can take any final shape. Hence, further meetings will be more crucial and need of the hour is more and more unity, co-operation and understanding under the banner of UFBU.

With greetings,

Yours comradely
(SANJEEV K BANDLISH)
CONVENOR

Lok Sabha Elections 2019 : ECI meeting with Political Party representatives

By
igeadmin
-

4th February, 2019 : A delegation of Representatives of some National and State level recognised Political Parties met the Election Commission of India at Nirvachan Sadan today.

The Commission heard the concerns of the Representatives regarding the demands related to the counting of Voter Verifiable Paper Audit Trail machine (VVPAT) slips.

The Commission assured the Political Parties that issues raised by them would be deliberated and examined. While considering the averments made by the Political Parties, the Commission shall also keep in view the pronouncements made by the different Hon’ble Courts as well as the report expected shortly from the Indian Statistical Institute on the subject besides the overall administrative and operational feasibility on the ground, before firming up any response.

Report of Shekatkar Committee

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igeadmin
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Report of Shekatkar Committee 

The Committee of Experts (CoE) constituted by the Ministry of Defence under the chairmanship of Lt. Gen (Retd) DB Shekatkar to recommend measures to enhance combat capability and rebalance defence expenditure of the armed forces, submitted its report in December 2016.

The Report was taken up by the Ministry of Defence to frame key action points and roadmap for implementation.  Measures as recommended by the Committee and taken up for implementation include:

  • Optimization of Signals Establishments to include Radio Monitoring Companies, Corps Air Support Signal Regiments, Air Formation Signal Regiments, Composite Signal Regiments and merger of Corps Operating and Engineering Signal Regiments.
  • Restructuring of repair echelons in the Army to include Base Workshops, Advance Base Workshops and Static / Station Workshops in the field Army.
  • Redeployment of Ordnance echelons to include Vehicle Depots, Ordnance Depots and Central Ordnance Depots apart from streamlining inventory control mechanisms.
  • Better utilization of Supply and Transportation echelons and Animal Transport units.
  • Closure of Military Farms and Army Postal Establishments in peace locations.
  • Enhancement in standards for recruitment of clerical staff and drivers in the Army.
  • Improving the efficiency of the National Cadet Corps.

A total of 99 recommendations were forwarded for implementation to concerned agencies / stake holders.  Full details of the Report and its recommendations are not being placed in the public domain as the Report covers operational aspects of the armed forces, disclosure of which is not in the interest of national security.

This information was given by Raksha Rajya Mantri Dr. Subhash Bhamre in a written reply to Shri Amar Singh in Rajya Sabha today.

KV Admission 2019-20 : Online Registration Dates for Class I to Class XI

By
igeadmin
-

KV Admission 2019-20 : Online Registration Dates for Class I to Class XI

KENDRIYA VIDYALAYA SANGATHAN
(Min. of HRD, Deptt. of Education, Govt. of India)
18-Institutional Area
Shaheed Jeet Singh Marg
New Delhi – 110016

www.kvsangathai.nic.in

F.No.110331/01/2017-18/KVS(HQ)/Acad

Date:04.02.2019

The Deputy Commissioner E-mail / Speed Post
Kendriya Vidyalaya Sangathan
Regional Offices/ ZIETs

Sub: Schedule for Admission for the Academic Session 2019-20-reg:

Madam/ Sir

Please find enclosed herewith schedule for Admission for the Academic Session 2019-20 for your kind perusal & necessary action.

You are further request to kindly forward the same to all Kendriya Vidyalayas of your Region with the instruction to upload the same in their Vidyalaya website and put the same on Vidyalaya notice Board. A copy of this schedule may be uploaded in RO Website also.

This issues with the approval of competent authority.

Yours faithfully
S/d-
(Dr. P. DevaKumar) –
Deputy Commissioner (Acad)

Also Read : Age Limit for Kendriya Vidyalaya Admission 2019-20

SCHEDULE FOR ADMISSION

The Admission Schedule for the session 2019-20 will be as under :-

S. NO CONTENTS SCHEDULED DATES
1 Advertisement for admission Last Week of February
2 Online Registration for Class-I 01-03-2019 From 8.00 A.M
3 Last date of Online Registration for Class-I 19-03-2019 Till 4.00 P.M.
4 Declaration of provisionally selected list for Class I & admissions for Class-I. 1st List 26-03-2019,
2nd List 09-04-2019,
(if seats remain vacant),
3rd List 23-04-2019,
(if seats remain vacant)
5 Extended date for Second Notification for admissions to be made under RTE Provisions (Class-I), if sufficient applications not received under RTE Provisions. Notification:30-03-2019
Registration:30-03-2019 to 06-04-2019
Admission: 08-04-2019 to 15-02-2019
6 In case sufficient number of registrations for SC/ST not received in 1st Phase, second notification may be issued. Notification:30-03-2019
Registration:30-03-2019 to 06-04-2019
Admissions: 08-04-2019 to 15-04-2019
7 Registration for Class-II onwards (except Class XI)-Subject to availability of vacancies in a particular class. 02-04-2019 From 8:00 A.M. to 09.04.2019 Till 4.00 P.M Note: During school hrs.
8 Declaration of list of class II onwards. 12/4/2019
9 Admission for class II onwards. 12-04-2019 to 20-04-2019
10 Last date for admission except Class XI. 30-04-2019
11 For KV students: Registration for admission in class XI. Within 10 days after declaration of Board results.
12 KV students: Display of admission list & admissions for Class-XI. Within 20 days after declaration of Board results.
13 Non-KV students: Registration, display of admission list & admissions in class XI (Subject to availability of vacancies) After the admissions of KV students in class XI.
14 Last date of Admission for class XI. 01-07-2019

Note:

1. List of Children registered list of eligible children, category-wise list of provisionally selected children, waiting list and subsequent lists to be compulsorily displayed on the web-site of the Kendriya Vidyalayas concerned, in addition to display on Schools Notice Board

2. If any of the dates happens to be a public holiday the next working day shall be treated as opening/closing date.

Signed Copy

National Pension System Important Amendments – Gazette Notification

By
igeadmin
-

National Pension System Amendments – Gazette Notification

MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION

New Delhi, the 31st January, 2019

F. No. 1/3/2016-PR. – In partial modification of para 1(i) of Ministry of Finance’s Gazette Notification No. 5/7/2003-ECB-PR dated 22nd December, 2003, based on the Government’s decision on 6th December, 2018 on the recommendations of a Committee set up to suggest measures for streamlining the implementation of National Pension System (NPS), the Central Government makes the following amendments in the said notification, namely :

(1) In para 1(i) of the said notification, for the words “The monthly contribution would be 10 percent of the salary and DA to be paid by the employee and matched by the Central Government”, the words “The monthly contribution would be 10 percent of the Basic Pay plus Dearness Allowance (DA) to be paid by the employee and 14 percent of the Basic Pay plus DA by the Central Government” shall be substituted.

(2) The following provisions shall be inserted after para 1(v) of the said notification, namely:

CHOICE OF PENSION FUND AND INVESTMENT PATTERN IN TIER-I OF NPS AS UNDER:

(vi) Choice of Pension Fund: As in the case of subscribers in the private sector, the Government subscribers may also be allowed to choose any one of the pension funds including Private sector pension funds. They could change their option once in a year. However, the current provision of combination of the Public-Sector Pension Funds will be available as the default option for both existing as well as new Government subscribers.

(vii) Choice of Investment pattern : The following options for investment choices may be offered to Government employees:

(a) The existing scheme in which funds are allocated by the PFRDA among the three Public Sector Undertaking fund managers based on their past performance in accordance with the guidelines of PFRDA for Government employees may continue as default scheme for both existing and new subscribers.

(b) Government employees who prefer a fixed return with minimum amount of risk may be given an option to invest 100% of the funds in Government securities (Scheme G).

(c) Government employees who prefer higher returns may be given the options of the following two Life Cycle based schemes.

(A) Conservative Life Cycle Fund with maximum exposure to equity capped at 25% – LC-25.

(B) Moderate Life Cycle Fund with maximum exposure to equity capped at 50% – LC-50.

(viii) Implementation of choices to the legacy corpus: Transfer of a huge legacy corpus of more than Rs. 1 lakh crore in respect of the Government sector subscribers from the existing Pension Fund Managers is likely to impact the market. It may be practically difficult for the PFRDA to allow Government subscribers to change the Pension Funds or investment pattern in respect of the accumulated corpus, in one go. Therefore, for the present, change in the Pension Funds or investment pattern may be allowed in respect of incremental flows only.

(ix) Transfer of legacy corpus in a reasonable time frame: PFRDA may draw up a scheme for transfer of accumulated corpus as per new choices of Government subscribers in a reasonable time frame of say five years. Once PFRDA draws up this scheme, change in the Pension Funds or investment pattern may be allowed in respect of the accumulated corpus in accordance with that scheme.

COMPENSATION FOR NON-DEPOSIT OR DELAYED DEPOSIT OF CONTRIBUTIONS DURING 2004-2012:

(x) In all cases, where the NPS contributions were deducted from the salary of the Government employee but the amount was not remitted to CRA system or was remitted late, the amount may be credited to the NPS account of the employee along with interest for the period from the date on which the deductions were made till the date the amount was credited to the NPS account of the employee, as per the rates applicable to GPF from time to time, compounded annually.

(xi) In all cases where the NPS contributions were not deducted from the salary of the Government employee for any period during 2004-2012, the employee may be given an option to deposit the amount of employee contribution now. In case he opts to deposit the contributions now, the amount may be deposited in one lump sum or in monthly installments. The amount of installment may be deducted from the salary of the Government employee and deposited in his NPS account. The same may qualify for tax concessions under the Income Tax Act as applicable to the mandatory contributions of the employee.

(xii) In all cases where the Government contributions were not remitted to CRA system or were remitted late (irrespective whether the employee contributions were deducted or not), the amount of Government contributions may be credited to the NPS account of the employee along with interest for the period from the date on which the Government contributions were due till the date the amount is actually credited to the NPS account of the employee, as per the rates applicable to GPF from time to time. Instructions to this effect may be issued by the Department of Expenditure/ Controller General of Accounts. All such cases of delay may be resolved within a period of three months.

2. The above provisions shall come into force with effect from 1st April, 2019.

MADNESH KUMAR MISHRA, Jt. Secy

Gazette Notification

Expert Committee to identify Group ‘B’ & ‘C’ posts in Dept of Posts

By
igeadmin
-

Expert Committee to identify Group ‘B’ & ‘C’ posts in Dept of Posts

No. 12-10/2017-SCT
Government of India
Ministry of Communications
Department of Posts

Dak Bhawan, Sansad Marg,
New Delhi – 110001
Dated : 31st January, 2019

OFFICE MEMORANDUM

Subject :- Constitution of an Expert Committee in the Department of Posts to identify Group ‘B’ & ‘C’ posts suitable for benchmark disability prescribed in Rights of Persons with Disabilities Act, 2016.

This is in connection with Department of Empowerment of Persons with Disabilities (Divyangjan) (DEPwDs) O.M. No. No. 34-16/2018-DD.III dated 12-12-2018 regarding constitution of an Expert Committee in all the Ministries/Departments to identify the posts suitable for benchmark disabilities in pursuance of the provisions made in the Rights of Persons with Disabilities Act, 2016 (RPwDs Act, 2016). It has, therefore, been decided to constitute the Committee in Department of Posts as under:-

(i) Ms. Manju Kumar, DDG (Personnel) Chairman
(ii) Ms. Anula Kumar, DDG (Training) Member
(iii) Shri Satya Narayana Dash, Director (SPN) Member
(iv) Shri D.K. Panda, Under Secretary (DD..111)
(Contact Numbers: 9968275870, 24369059),
Representative of Department of
Empowerment for Persons with Disabilities		 Member
(v) Shri Pawan Kumar, SSPOs Delhi
(Contact Numbers: 9555090425, 24671592)		 Member
(vi) Ms. Smriti Sharan, DDG (Estt.) Convener

(N. Shubha Rao)
ADG (PE-I & SCT)

Source: Confederation

Expert Committee in the Department of Posts

7th CPC benefits to the Pensioners of Autonomous Bodies under the control of Dept of Commerce

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igeadmin
-

7th CPC benefits to the Pensioners of Autonomous Bodies under the control of Dept of Commerce

COFFEE BOARD BENGALURU

No ADM/EB I(R)/7CPC(Pen)/2019/3531

Dated 28.01.2019

OFFICE MEMORANDUM

Sub : Extension of benefits of 7th CPC to the Pensioners/Family Pensioners of Autonomous Bodies under the control of Department of Commerce- Reg

Ref -1 No 5/20/2008-Plant (Coord) (Part) dated 15.05.2018 of the MOC & I. DOC
2.Office Order No ADM/EB.I/(R)/7th CPC (Pen)/2018-19/1718 dated 17.08.2018
3.No K-58015/9/2018-Plant-Coord dated 27th December, 2018 of the MOC& I DOC

In compliance with the orders of the Ministry of Commerce & Industry, Government of India vide letter cited at reference (1), Coffee Board extended the benefits of 7th Central Pay Commission to its pensioners/family pensioners with effect from 01.01.2018

The Ministry of Commerce & Industry, Government of India, New Delhi has now vide letter cited at reference (3) has conveyed its approval for extension of the 7th Central Pay Commission recommendations to the Pensioners/Family pensioners of Autonomous Bodies under the control of Department of Commerce with effect from 01.01.2016 Accordingly, Coffee Board is extending the 7th CPC benefits to the Pensioners/Family Pensioners of Coffee Board with effect from 01.01.2016

Secretary

By Order
Director of Finance

Source: Confederation

7th CPC to the Pensioners

Scholarships for Girls to encourage better education and career opportunities

By
igeadmin
-

Scholarships for Girls to encourage better education and career opportunities

The Ministry of Human Resource Development, Department of School Education and Literacy is implementing ‘National Scheme of Incentive to Girls for Secondary Education (NSIGSE)’. The objective of the scheme is to establish an enabling environment to reduce the drop outs and to promote the enrolment of girl child belonging to SC/ST communities in secondary schools and ensure their retention up to the 18 years of age. The scheme covers (i) all girls belonging to SC/ST communities who pass class VIII and (ii) all girls who pass class VIII examination from Kasturba Gandhi BalikaVidyalayas (irrespective of whether they belong to SC/ ST) and enroll in class IX in State/ UT Government, Government-aided and Local Body schools. According to the scheme, an amount of Rs.3000/- is deposited in the name of eligible unmarried girls as fixed deposit on enrolment in class IX, who are entitled to withdraw it along with interest thereon reaching on 18 years of age and passing class 10th class examination. The scheme is covered under the Direct Benefit Transfer (DBT) Scheme. The scheme is on-boarded on National Scholarship Portal (NSP) since 2015-16.

The Central board of Secondary Education (CBSE) is implementing Merit Scholarship Schemes for single girl child to provide scholarships to the meritorious Single Girl Students, who are the only child of their parents. It provide Rupees Five Hundred (Rs.500/‐) per month to Single Girl Child who is pursuing further studies for class XI & XII and have passed the CBSE class Xth exam with 60% / 6.2 CGPA or more marks/grades.

The Ministry of Human Resource Development, Department of Higher Education is implementing the Central Sector Scheme of Scholarship for College and University Students since 2008. Under the scheme, financial assistance is provided to meritorious students whose family income of less than Rs.8 lakhs per annum for pursuing higher studies. The scheme envisages 82000 fresh scholarships award of every year, of which 50% is earmarked for girls.

The University Grant Commission (UGC) is implementing the scheme of Post Graduate Indira Gandhi Scholarship for Single Girl Child since 2006 for providing financial assistance to selected students for pursuing Post-Graduation in Universities/Institutions/Colleges in India. This scheme has been on boarded on National Scholarship Portal (NSP) since 2017-18.

Apart from the above, the UGC is also implementing the schemes namely 1) Swami Vivekananda Single Girl Child Fellowship for Research in Social Sciences. 2) Post-Doctoral fellowship for Women for providing financial assistance to selected candidates for pursuing research / higher research on full time/regular basis in University/Institute/Colleges in India.

The All India Council for Technical Education (AICTE) is implementing “Pragati Scholarship Scheme for Girls Student” to provide assistance for advancement of girl’s participation in Technical Education. Under the scheme, 4000 scholarships are granted annually on “one girl, per family” basis where the family income is Rs.6 Lakhs/ annum or less. The candidates should have been admitted to 1st year of the Degree or Diploma programme in any of the AICTE approved institute during the academic year 2015- 16 through centralized admission process of the State/ Centre Government. The candidates are selected on merit at the qualifying examination to pursue technical education from amongst such candidates. Tuition Fee of Rs.30000/- or at actual, whichever is less and Rs.2000/- per month for 10 months as incidentals each year is provided under the scheme as financial assistance. The detailed information about the scheme is available at AICTE web portal http://www.aicte-india.org/pragathiSaksham.php.

This information was given by the Minister of State (HRD), Dr. Satya Pal Singh today in a written reply to a Lok Sabha question.

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