FreeLists / 0banktech / [STC Salt Lake] VIII Bipartite Settlement Salient Features

["Anup Sen, Salt Lake City, Kolkata" <anupsen@xxxxxxxxx>]

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Title: State Bank of India, Staff Training Centre, Salt Lake, Kolkata. : : stcsaltlake@xxxxxxxx : :

 

VIII Bipartite Settlement Salient Features

 

 

                                                       

 

Ø      Basic Pay

Constructed by merger of DA upto 2288 index points

 

Ø      Date of effect

1^st November 2002

Ø      Supervising Staff

10000 ? 470(6) ? 12820 ? 500(3) ? 14320 ? 560(12) ? 21040 -
- 620(9) ? 26620 ? 680(6) ? 30700 ? 900(1) ? 31600 ? 1000(1) ? 32600        

Ø      Clerical Staff

4410 ? 215(3) ? 5055 ? 335(3) ? 6060 ? 470(4) ? 7940 ? 500(3) -
- 9440 ? 560(4) ? 11680 ? 970(1) ? 12650 ? 560(1) ? 13210.

Ø       Subordinate Staff

4060 ? 105(2) ? 4270 ? 115(2) ? 4500 ? 135(2) ? 4770 ? 165(3) - 5265 ?
- 195(4) ? 6045 ? 235(3) ? 6750 ? 270(3) ? 7560.

Ø      Stagnation Increments

Six stagnation increments w.e.f. 1^st November 2002 @ Rs.560/- and Rs.270/- for
     clerical and subordinate at frequencies of 3 and 2 years respectively.

Ø      Dearness Allowance

From ? 1^st November 2002 to 31^st January 2005

     0.18% upto 9650/-

     0.15% 9650/- to 15350/-

     0.09% 15350/- to 16350/-

     0.04% above 16350/-

     From - 1^st February 2005 onwards

     0.18% for all stages

Ø      City Compensatory Allowance

     Date of effect ? 1^st November 2002

      Supervising Staff

Ø       Higher CCA centers with population over 12 lakhs including Goa	Ø       4% of Basic Pay Ø       Maximum ? Rs. 540 p.m.
Ø       Lower CCA centers with population over 5 lakhs including State Capitals, Chandigarh, Pondicherry and Port Blair	Ø       3% of Basic Pay Ø       Maximum ? Rs. 375 p.m.

      Clerical Staff

Ø       Higher CCA centers with population over 12 lakhs including Goa	Ø       4% of Basic Pay Ø       Minimum ? Rs. 175/- p.m. Ø       Maximum ? Rs. 375/- p.m.
Ø       Lower CCA centers with population over 5 lakhs including State Capitals, Chandigarh, Pondicherry and Port Blair	Ø       3% of Basic Pay Ø       Minimum ? Rs. 145/- p.m. Ø       Maximum ? Rs. 300/- p.m.

      Subordinate Staff

Ø       Higher CCA centers with population over 12 lakhs including Goa	Ø       4% of Basic Pay Ø       Maximum ? Rs. 270/- p.m.
Ø       Lower CCA centers with population over 5 lakhs including State Capitals, Chandigarh, Pondicherry and Port Blair	Ø       3% of Basic Pay Ø       Maximum ? Rs. 190/- p.m.

Ø       House Rent Allowance
(no minimum / no maximum)

     Date of effect ? 1^st November 2002

	Area	Rate(%)
(i)	Population over 45 lakhs	8.5
(ii)	Population over 12 lakhs	7.5
(iii)	Population over 2 lakhs and State Capitals and Capital of Union Territories	6.5
(iv)	Population below 2 lakhs	6.0

     For Supervising Staff ?       

     CAPITAL COST : 150% TO CONTINUE
     RECOVERY     Housing 1.75% of BP    Furniture 0.4%

Ø       Transport Allowance
Date of effect ? 1^st November 2002

     Rs. 105/- per month for Clerical and Subordinate Staff

Ø      Professional Qualification Pay

     Date of effect ? 1^st November 2002

      Supervising Staff

Part I CAIIB ? Rs. 300/- p.m.;  Part II CAIIB ? Rs. 750/- p.m.

            Award Staff

Graduation	180, 360
JAIIB	180
CAIIB	180, 360, 540
After 1, 2, 3, 4, 5 years	180, 360, 540, 720, 900

Ø      Hill and Fuel Allowance

      Supervising Staff

(i)	Above 3000 metres	5% (max. 1150/-)
(ii)	Above 1500 ? below 3000	2.5% (max. 500/-)
(iii)	Above 1000 ? below 1500	2% (max. 400/-)

      Clerical and Subordinate Staff

(i)	Above 3000 metres	8% (max. 950/-)
(ii)	Above 1500 ? below 3000	4% (max. 375/-)
(iii)	Above 1000 ? below 1500	3% (max. 300/-)

Ø      Fixed Personal Pay

Date of effect ? 1^st November 2002

            Clerical Staff

Area	FPP where accommodation not provided	FPP where accommodation is provided	Increment component of FPP
Above 45 lacs	635	585	560
12 to 45 lacs	630	585	560
2 to 12 lacs	625	585	560
Below 2 lacs	620	585	560

            Subordinate Staff

Above 45 lacs	310	280	270
12 to 45 lacs	305	280	270
2 to 12 lacs	300	280	270
Below 2 lacs	295	280	270

Ø      Provident Fund

     Date of effect ? 1^st November 2002

     Rate of Provident Fund shall be 10% of Pay

Ø      Medical Aid

       Supervising Staff
      (w.e.f. 01.02.2004) ? Upto Scale III 3,750/-; above Scale III 5,000/-

Clerical and Subordinate Staff
          (w.e.f. 01.11.2002) - Rs. 1,500/-

Dependants income criteria

      If the income of one of the parents exceeds Rs. 2,550 p.m. or the aggregate income
      of both the parents exceeds Rs. 2,550 p.m. both the parents shall not be considered as wholly dependant on the employee.

Ø      Leave Fare Concession

Date of effect ? from date of settlement

Supervising Staff ? Air Fare for SC II and above if the distance is more than 1000 km. 
Encashment of LFC train fare applicable upto 75% encashment (a) 4000 km upto SC III (b) above SC III ? 5000 km

Award Staff ? Distance

	4 year block	2 year block
Clerical	3500	1750
Subordinate	4500	2250

ü       Subordinate staff ? Sleeper Class by mail/express

ü       Clerical staff ? First class fare by mail/express.  AC-II where travel by ACC-II (including Rajdhani / Shatabdi).
For travel by Air to the extent of AC-II

ü       Optional encashment equivalent to 75% of entitlement subject to minimum 4 days leave

ü       Travel by any mode of approved transport permitted.

ü       Road mileage charges - Rs.2/- per k.m.

Ø      Part time consolidated wage employees

Date of effect ? 1^st November 2002

          Upto 3 hours per week ? minimum Rs. 750/- p.m.

          3 hrs to 6 hrs per week ? minimum Rs. 1,050/- p.m.

Ø       Halting Allowance per diem
(from date of settlement)

	Higher CCA	Lower CCA	Non CCA
SC I to SC III	500/-	450/-	400/-
SC IV & above	600/-	550/-	500/-
Clerical	400/-	300/-	250/-
Subordinate	300/-	200/-	150/-

Ø       Washing Allowance Rs. 75/- per month
(w.e.f. 1-08-2004)

Ø       Cycle Allowance Rs. 60/- per month
(w.e.f. date of settlement)

Ø       Split Duty Allowance
(w.e.f. 1-11-2002)

      Supervising Staff ? Rs. 125/- per month.

Award Staff ? Rs. 90/- per month

Ø       Project Area Compensatory Allowance
(w.e.f. 1-11-2002)   

	Group ?A?	Group ?B?
Supervising	Rs. 210/- p.m.	Rs. 185/- p.m.
Clerical	Rs. 150/- p.m.	Rs. 130/- p.m.
Subordinate	Rs. 130/- p.m.	Rs. 110/- p.m.

Ø      Hospitalisation

      Reimbursement of hospitalization expenses as per revised schedule will be from the date of settlement.

Ø      Special Area Allowance

      Revised Special Area Allowance shall be payable with effect from 1.11.2002

Ø      Pension

      Retirees between 1.4.1998 to 31.10.2002 ? updation from 1616 to 1684. 
      Retirees between 1.11.2002 to 30.4.2005 pension at 2288 points.

      Pension will be payable @ 50% of last drawn PAY with effect from 1.05.2005.