As scheduled, another round of Bipartite talks were held today (09.02.10) in Mumbai between IBA and 5 workmen Unions. IBA team was led by Mr. Jagdish Pai, (ED, Canara Bank), Chairman of the Core group of the Negotiating Committee and from the unions, all the five workmen unions viz., AIBEA, NCBE, BEFI, INBEF and NOBW were represented.

Continuing the discussions of the last round of meeting, today we took up for discussion the cost of rationalisation of special pay, method of calculating the existing cost of pension, accounting the cost of retirement benefits of PF / Pension Optees on account of proposed wage revision, date of effect of pension option settlement, etc. The IBA, after listening to our arguments and viewpoints, informed that these important issues are needed to be discussed in their full Negotiating Committee before reacting to us.

For more details refer the site http://www.bankunionaibea.in/html/newseve.html

Tags : AIBEA talks Feb 9 2010 – AIBEA February 9 wage revision – AIBEA Talks – AIBEA – Feb 9 AIBEA wage revision.