Details of Information Sharing on 19th

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As scheduled, the Information Sharing Meeting (Wage Revision) with the management was conducted on 19th July, 2010. The meeting began with a joint session. The Management was represented by the Chairman, the three Managing Directors, the ED (Personnel) & other officials of the personnel department. NOINO was represented by Shri Sudhakar Ingole, Working President, NOINO, Shri Ganesh Kamath, GS, NOINO and Shri S B Sharan, ZS, Northern Zone. The Chairman took stock of the situation. He informed us that the Market share of LIC in FPI has increased from 61.88% in May 2009 to 72.19% in May 2010.He also proposed that the new scheme of PLLI would be operative with the employees working in divisions & branches would depend on their respective Division’s average instead of All-India average. He also proposed that the New Pension scheme (contributory) would be effective for employees joining on or after 1.4.2010. After his speech the offer including the pay-scales were circulated. The highlights of the offer are as follows:

SCALES OF PAY :

AAO
17240-840(14)-29000-910(4)-32640
AO
23120-840(7)-29000-910(6)-34460
ADM
28160-840(1)-29000-910(6)-34460-1200(4)-39260
DM
34460-1200(7)-42680
SDM
41660-1200(3)-45260-1350(2)-47960
ZM(O)
46610-1400(5)-53610
ZM(S)
52210-1400(2)-55010-1500(1)-56510-1640(1)-58150-1700(1)-59850

DA : 0.15 %
HRA : A-10%-MAX-3200, B-8%-MAX-2700,C-7%-MAX-2600
CCA: A-3%-MAX-800,B-2.5%-MAX760,C-2%-MAX-590
TRANSPORT ALLOWANCE – 800 pm, AAO(Programmer) – 680 , Audit – 850,
Cash Medical Benefit : Upto 31725 bp -> 8000 pa. Above 31725 bp -> 12000 pa.
All other allowances are also increased.

Reacting to the offer, Shri Ganesh Kamath, GS, NOINO said that the offer needed further analysis before giving any detailed reaction. We demanded that running scales should be granted & NOINO is ready to give the suitable pay-scales accordingly. We also pointed out that the demand for In-charge allowance has not been met & demanded that it should be considered forthwith. We also reiterated our stand of opposing the New Pension Scheme (contributory) & demanded that the old pension scheme should continue. We also opposed the new PLLI scheme which would only divide the employees. We have made a primary analysis of the offer which is as follows:

CADRE
EX-BASIC
DA-08-2007
TOTAL
OFFER
% increase

AAO
MIN
11110
3080
14190
17240
21.49%
 
MAX
20910
5796
26706
32640
22.22%

AO
MIN
14890
4128
19018
23120
21.57%
 
MAX
22030
6107
28137
34460
22.47%

ADM
MIN
18130
5026
23156
28160
21.61%
 
MAX
24630
6827
31457
39260
24.81%

DM
MIN
22030
6107
28137
34460
22.47%
 
MAX
26580
7368
33948
42860
26.25%

SDM
MIN
25930
7188
33118
41660
25.79%
 
MAX
29330
8130
37460
47960
28.03%

ZM(O)
MIN
28605
7929
36534
46610
27.58%
 
MAX
32530
9017
41547
53610
29.03%

ZM(S)
MIN
31745
8800
40545
52210
28.77%
 
MAX
36100
10007
46107
59850
29.81%
 
NOTE : This does NOT include increase in HRA/CCA/MEDICAL BENEFIT/ALL OTHER ALLOWANCES. With these increases % increase will be more.

The full negotiating committee would be analyzing the offer before giving our reaction in the individual session which is scheduled on 20th July. The joint front would also sit in the evening to discuss the offer & further strategy.

Yours brotherly,
Sd/-
Ganesh Kamath
GS, NOINO
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