AIBOC CIRCULAR NO. 44 DATED 29.04.2011

AIBOC issued its circular No. 44 dated 29.04.2011 on fitment on promotion from one scale to higher scale. We are reproducing the same here for our readers.

CIRCULAR NO.44                                                        DATE: 29.04.2011

TO ALL AFFILIATES /MEMBERS:

FITMENT ON PROMOTION FROM ONE SCALE TO HIGHER SCALE

On account of revision of salary and allowances for officers with effect from 01.11.2007 under 9th bipartite Joint Note signed with IBA on 27.04.2010, there is a necessity to modify the model fitment formula of IBA for officers on account of promotion from clerical scale to officer scale, as well as promotions within the officer category.  The fitment formula should ensure protection as well as a reasonable increase in the emoluments of salary and allowances drawn by the employee/officer before promotion and at no point of time, a junior shall draw higher scale as compared with the senior on the same scale.

Similarly, during the 9th bipartite, a higher starting scale was evolved for officers in Scale – IV and Scale VI, as two additional stagnation increments were granted to Scale I to Scale III Officers.  Hence, there was a need to take care of these changes and to draw a model fitment formula for these categories of officers to ensure the benefit of two stages higher fitment.

We had a series of meetings and negotiations with the IBA officials and offered number of suggestions to rectify the anomalies in the existing fitment formula. We are glad that, IBA has come out with modified model fitment formula for its member banks, giving due consideration to various  suggestions that were made by the Confederation, with effect from 01.11.2007, subject to existing bank level agreements on fitment formula of officers or court directions/injunctions.

We highlight gist of the modified formula as under:

Ø       Fitment formula on promotion from clerical cadre to officer cadre in JMG-I on or after 01.11.2007 will be at a minimum scale of officer at Rs. 14,500/- basic pay upto 9th stage in clerical scale.

Ø       25th stage in clerical scale is equivalent to Rs. 25,700/- basic pay in Officer’s Scale-I.

Ø       Appropriate adjustments in the date of effect of next increments in higher scale are made to avoid anomalous situations.

Ø       Adjustments on account of passing of CAIIB/JAIIB, in fitment on promotion to next scale.

Ø       Introduction of Temporary Adjustment Allowance to protect Basic Pay plus Dearness Allowance of an officer on promotion, as compared to Basic Pay plus Stagnation Increment plus Special Pay plus Dearness Allowance drawn as clerical staff, which will be wiped off in three years at 1/3rd of TPA.

Ø       Grant of CAIIB increment(s) for those employees passing CAIIB after reaching 20th stage, in clerical cadre, on promotion to officer scale-I.

Ø       Protection of stagnation increment due in previous scale, on promotion to higher scale.

Ø       Protection of fixed personal pay on promotions etc.

Ø       The higher starting scale for Scale-IV & V has been protected in the fitment formula.

Comrades, due to the persistent persuasion and follow-up by AIBOC with IBA, we could ensure a fair fitment formula for officers. Detailed charts showing scale wise fitment are annexed.

The IBA vide its Circular No.CIR/HR & IR/76/582/2011-12/2998 dated 25.04.2011 had issued detailed guidelines to member banks. We request our affiliates/members to take note of the revised formula.

With greetings,

Sd/-

(G.D. NADAF)

GENERAL SECRETARY

ANNEXURE - I

Fitment Chart on promotion from Clerical cadre to Officer Cadre in JMG Scale I, on or after 1.11.2007

Stage	Pay in Clerical Cadre		Fitment at corresponding stage in Junior Management Grade Scale I
	From 1.11.07 to 30.4.10	From 1.5.10 onwards
1	6200	7200	14500
2	6600	7600	14500
3	7000	8000	14500
4	7400	8400	14500
5	7900	8900	14500
6	8400	9400	14500
7	8900	9900	14500
8	9500	10500	14500
9	10100	11100	14500
10	10700	11700	15100
11	11300	12300	15700
12	12000	13000	16300
13	12700	13700	16900
14	13400	14400	17500
15	14100	15100	18100
16	14800	15800	18700
17	15500	16500	19400
18	16200	17200	20100
19	17500	18500	20900
20	18300	19300	21700
+1	19100	20100	22500
+2	19900	20900	23300
+3	20700	21700	24100
+4	21500	22500	24900
+5	22300	23300	25700
+6	23100	24100	25700
+7	23900	24900	25700

ANNEXURE - II

Fitment Chart on Promotion for Officers Promoted from One Scale to another on or after 1.11.2007

A. Fitment Chart on promotion from Scale – I to Scale-II

Stage	Scale-I	Scale-II
1	14500]
2	15100]
3	15700]
4	16300]
5	16900]
6	17500]
7	18100]
8	18700]	19400
9	19400	20100
10	20100	20900
11	20900	21700
12	21700	22500
13	22500	23300
14	23300	24100
15	24100	24900
16	24900	25700
17	25700	26500
+]	26500	27300
+]	27300	28100
+]	28100	28900
++]	28900	29700
++]	29700	30600
++]	30600	31500
++]	31500	31500

                        +   Sliding

                        ++ Stagnation increments

ANNEXURE - III

B. Fitment Chart on Promotion from Scale-II to Scale-III

Stage	Scale-II	Scale-III
1	19400]
2	20100]
3	20900]
4	21700]
5	22500]
6	23300]
7	24100] ]
8	24900]	25700
9	25700	26500
10	26500	27300
11	27300	28100
12	28100	28900
+	28900	29700
+	29700	30600
+	30600	31500
+	31500	31500
++	32400	32400
++	33300	33300
++	34200	34200

+     Sliding

++   Stagnation increments

ANNEXURE - IV

C.         Fitment Chart on Promotion from Scale-III to Scale-IV

Stage	Scale - III	Scale -IV
1	25700
2	26500
3	27300
4	28100	30600
5	28900	31500
6	29700	32400
7	30600	33300
8	31500	34200
++	32400	35200
++	33300	36200
++	34200	36200
++	35100	36200

++ Stagnation increments

ANNEXURE - V

D.         Fitment Chart on Promotion from Scale-IV to Scale-V

Stage	Scale -IV	Scale - V
1	30600	36200
2	31500	36200
3	32400	36200
4	33300	36200
5	34200	37200
6	35200	38200
7	36200	39300

ANNEXURE - VI

E.         Fitment Chart on Promotion from Scale-V to Scale-VI

Stage	Scale - V	Scale - VI
1	36200	42000
2	37200	42000
3	38200	42000
4	39300	43200
5	40400	44400

ANNEXURE - VII

F.         Fitment Chart on Promotion from Scale-VI to Scale-VII

Stage	Scale VI	Scale VII
1	42000	46800
2	43200	46800
3	44400	46800
4	45600	48100
5	46800	49400