AIBEA Clause Samples
The AIBEA clause refers to provisions or terms related to the All India Bank Employees' Association, typically found in agreements involving banking sector employees in India. This clause may outline the recognition of the union, the rights and obligations of its members, and the procedures for collective bargaining or dispute resolution. By clearly defining the relationship between the employer and the union, the clause helps ensure orderly industrial relations and provides a framework for addressing employee concerns within the banking industry.
AIBEA. In respect of employees who retire on or after 1.5.2005, dearness relief shall be payable for every rise or be recoverable for every fall, as the case may be, of every four points over 2288 points n the quarterly average of the All India Average Consumer Price Index for Industrial Workers in the series 1960=100, at the rate of 0.18 per cent of basic pension.
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AIBEA. In partial modification of Clause 10 of the Third Bipartite Settlement dated 31st October 1979, cycle allowance would not be paid to a member of the subordinate staff entitled to cycle allowance for the period of leave, where such leave exceeds 30 days.
AIBEA refund within 30 days after expiry of the said period of 60 days, the entire amount of the bank’s contribution to the Provident Fund and interest accrued thereon received by the deceased employee on retirement together with his share in contribution towards meeting 30% of Rs.3115 crores which is estimated and reckoned as the funding gap for those eligible under Clause 2(II),2 (III) and 2(IV) of this agreement. On an individual basis, the payment over and above the bank’s contribution to Provident Fund and interest thereon has been worked out at 56% of the said amount of bank’s contribution to Provident Fund and interest thereon received by the employee on retirement.
AIBEA. Corporation Bank 38. The Jammu and Kashmir Bank Ltd.
AIBEA. Henceforth, selection of staff for being entrusted with special pay carrying posts shall be on the basis of their suitability for the specialised function, norms for which shall be decided at the bank level. Cash Peon Persons required 1) To take money orders, to buy stamps etc., which involves carrying of cash not exceeding Rs.5,000/- and to carry insured letters., etc. to post office 2) To stitch currency note bundles 3) To stitch and seal parcels and packets containing currency notes; 4) To transit cash from the bank to an office outside or vice versa, if unaccompanied by a watchman / Armed Guard. Liftman Persons required to operate the lifts on regular assignment. Watchman Persons other than “Armed Guards” who are required to perform watch and ▇▇▇▇ duties i.e. to watch or look after the premises or a department, for the purposes of its safety, security and guard against infiltration and against removal of the bank‟s property by any unauthorised person AND/OR to watch and guard as above, the movement of cash from one place to another inside the bank premises or outside where an Armed Guard is not employed at the Branch / Office. Armed Guard Persons required to perform watch and ▇▇▇▇ duties i.e. to watch or look after the premises or department for the purposes of its safety, security and guard against attack or assault or infiltration and against removal of the bank‟s property by any unauthorized persons AND/OR to watch and guard as above the movement of cash from one place to another whether inside or outside the Bank, for which purpose they are required by the bank to carry any of the following weapons: i) Gun, Pistol or any other fire arm; or ii) Dagger, sword, khukri or spear; or iii)any other licensed weapon Note: „Retainers‟ Peons (other than watchmen) whose names are registered in the Bank‟s licence as Retainers will, when they perform “Armed Guard” duties, be entitled to special pay for “Armed Guards” pro rata.
AIBEA. Special assistants will be accountable and responsible for running of the department/section under them and their duties will involve looking after and checking the work of other clerk or clerks and sub-staff and will include :
(1) Passing independently cash, cheques up to Rs. 10,000/ -and clearing and transfer cheques, vouchers, etc., {whether credits or debits) up to and including Rs. 25,000/- (or any higher limit fixed by the bank on its own discretion). Passing will include verification of signatures and scrutiny as to the correctness of endorsements on and other particulars of such instruments ;
(2) Signing vouchers, cheques, drafts, mail transfers, pay orders, advices such as non-payment advices, inter-branch fate calling advices, bill schedules, demand notices, statements certificates, etc.
(3) Checking all vouchers, advices, statements, cheques, drafts, etc., bills and books of accounts including current, savings and other ledgers, cash, postal and revenue stamps, franking machine balances.
(4) Checking current, savings and other ledgers. PROVIDED that if any additional allowance is paid to any employee/s under any existing system in a bank for ledger checking, such payment and ledger checking system shall continue undisturbed, and such continuance shall preclude any claims by a ▇▇▇▇▇▇▇ for a change in status.
(5) Checking the coding and decoding of telegrams (excluding check symbols or ▇▇▇▇▇▇▇). ‘Checking’ would mean verifying that the material checked is in order in all respects and also includes initialling the same for authentication.
(6) Discharging, endorsing cheques, bills, etc.
(7) Inspecting godowns (only in banks where such work is already being done by workmen). For the purpose of efficient and effective functioning of the section or department, the special assistant shall ensure that all acts, things and steps necessary therefor are taken by himself or by the clerks placed under him and shall ensure that, wherever necessary :
(a) Reminders are sent on time and followed up ;
(b) Pass sheets/books are filled up and issued promptly ;
(c) Deposits are renewed on due dates or reminders sent to the parties ;
(d) Standing instructions are complied with ;
(e) Bills are accepted and due dates diarised/advised and followed up ;
(f) Interest, commissions and service charges are collected
(g) Proceeds of bills are received or remitted promptly
(h) Confirmation of balances of accounts of the customers and its follow-up ;
(i) All securities relating ...
AIBEA. ▇.▇. ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ staff who are drawing Special Pay for posts mentioned in Part A (c) in Schedule II to this Settlement as on 30th April 2010 shall continue to discharge the Special Pay duties as hither to and as provided in Schedule III of Bipartite Settlement dated 2nd June 2005. In addition, w.e.f. 1st May 2010, they shall also be liable to discharge the duties of Cash Peon/ Liftman/ Relieving Liftman/ Cyclostyle Machine Operator according to their suitability.
AIBEA. In accordance with the provisions of Clauses 3.2 and 8.4 of the Bipartite Settlement dated 19th October 1966 between IBA and ▇▇▇▇▇ and AIBEF, Clauses 2.2 and 4.4 of the Settlement between SBI and AISBISF dated 31st March 1967 as modified, and Settlement dated 23rd December 1966 between BOB and AIBOBEFand the Settlement dated14th December 1966 between IOB and AIOBEU, at places where as per 1981 Census figures there is a change in the population figures HRA and/or CCA where applicable, shall be recalculated in terms of the relevant provisions of the Settlement and the same shall be paid at all such places with effect from 1st March 1981.
AIBEA. Medical expenses incurred for the hospitalisation will be reimbursed on the strength of bills/vouchers to the extent of 100% in case of self and 75% in case of family members subject to limits prescribed hereunder.