The All India Bank Officers’ Confederation (AIBOC), the apex body of bank officers’ trade union movement comprising over 3, 20,000 members, has announced a nationwide strike call on December 21.
Four officers’ organisations, i.e, AIBOC, AIBOA, NOBO and INBOC demand revision of the 11th bipartite wage, minimum wages concept, focus on core business and NPA recovery, abolishing new pension scheme, revision of pension and family pension.
The AIBOC opposes the proposed amalgamation of Vijaya Bank, Dena Bank and Bank of Baroda along with the Regional Rural Banks, attack and assault on bank officers across the country, reduction of existing medical benefits and steeping hike in insurance premium of retirees.
It is worthwhile mentioning that the Department of Financial Services on January 12, 2016 had urged the IBA and the member banks to expedite the process so that the new wage structure can be implemented on the effective date, i.e, November 1, 2017.
In spite of the communication and also many reminders from the Government, the negotiations ultimately commenced only on May 2, 2017.
