SSBEA BIPARTITE MEETING CONCLUDED.STAFF HOUSING LOAN@6%.substaff 8lakhs,Clerical 12 lacks,officers 20Lacks.10%margin.Wef.01/04/2011!!!


03 April 2010


The important ingredients of the working out are as follows:-
SCALESJMGS-I - Rs.14, 500/- TO Rs.31, 500/-@
MMGS-II - Rs.19, 400/- TO Rs.34, 200/-@
MMGS-III - Rs.25, 700/- TO Rs.35, 100/-@
@including two additional stagnation incrementsSMGS-IV - Rs.30, 600/- TO Rs.36, 200/-SMGS-V - Rs.36, 200/- TO Rs.40, 400/-
TEG-VI - Rs.42,000/- TO Rs.46,800/-
TEG-VII - Rs.46,800/- TO Rs.52,000/-
DEARNESS ALLOWANCEFor every 4 points rise/fall in index, Dearness Allowance at 0.15% per slab.CITY COMPENSATARY ALLOWANCEWe have freezed the existing CCA and utilized the amount towards improvement in Basic Pay. Accordingly, CCA rates will be as under; Places in Area I - 4% of Basic Pay, Max. Rs.540/- p.m. Places with population of more than 5 lacs - 3% of Basic Pay, Max. Rs.375/- p.m.
We have retained the existing rate of HRA as under:Major A class cities - 8.5%Other places in Area I - 7.5%Other places - 6.5%
MEDICAL AID – For officers other than SBI, the medical aid has been enhanced as; Scale I to III – Rs. 5100/- p.a.Scale IV & above - Rs. 6320/- p.a.
STAGNATION INCREMENTS:It is a fact that majority of senior officers in Scale I to III are stagnated as promotions are linked to vacancies. Hence, we have ensured to add two additional stagnation increments in these scales.Date of Effect : 1st November 2007.The other details will be shared later. We expect that final settlement on salary revision; pension for CPF optees and residual issues will be arrived at during second week of April, 2010.5. Comrades, in the given circumstances; when we secured pension for CPF optees, this is one of the best settlements on salary revision for officers. We are successful in ensuring fair increase in basic pay for all scales/grades and two additional stagnation increment to Scale I to Scale III, which is the unique achievement in the 9th bipartite. The concept of stagnation increment for officers was first time introduced during 1987 and there was no improvement thereafter except adding one more stagnation increment to MMGS III during the period.6. Members are requested not to be guided by any type of rumors and adverse comments. We compliment our members for their tolerance, faith and maturity displayed in standing like a rock behind the Confederation.7. In the meanwhile, the leadership of the Confederation will be meticulously planning to herald the commencement of the Silver Jubilee Celebrations to coincide with the inking of the 9th Bipartite Agreement. The details will be circularised in due course.With revolutionary greetings,(G.D.NADAF)GENERAL SECRETAY.

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