Demanding 100% increase in their salary, unions of bank employees have rejected 15% upward revision offered by the government.
TN Goyal, president, All India State Bank Officers? Federation, said though while submitting its charter of demands before Indian Banks? Association (IBA) in October, the Federation had not mentioned amount of the wage increase, still, we had demanded an increased by upto 100% keeping in view the increment given to the employees of government and the public sector enterprises. ?We are going to put the same demand when we meet Pawan Kumar Bansal, minister of state for finance, in New Delhi tomorrow,? said Goyal.
Meanwhile, a broad understanding has been reached on compassionate appointment scheme in the meeting between IBA and the United Forum of Bank Unions (UFBU) in Mumbai on Monday. However, no conclusion could be arrived at on the issue of second option of pension during the meeting. It is despite the fact that the panel of actuaries, comprising D Basu of Kolkata and KP Sharma of Chennai have said in their report that it would incur an additional burden of Rs 6000 crore on the banking industry as a whole.
The panel was appointed by the IBA in consensus with UFBU after the actuaries as appointed by IBA earlier came out with differing figures.
The IBA officials told the union leaders that the figure could be far more than Rs 6000 crore. As wage revision was not apart of today?s schedule, no formal discussion could be held on the topic, sources said.
