BIPARTITE DISCUSSIONS WITH IBA - 11.05.2009

As quoted in http://www.aiboa.org/

"

• IBA informed that we have to finalise the details in regard to the following:

• Wage revision - they are prepared to hike the offer to 15%

• On the issue of pension IBA stated that it is a package and unless the New Pension Scheme is accepted, other issues can not be discussed.

• On Compassionate appointment Govt. had informed that even the restricted retrospective effect can not be considered.

UFBU has rejected the negative proposals of IBA and informed that the wage offer is meagre.

New Pension Scheme can not be accepted.

UFBU meets this afternoon to decide the future course. Await UFBU circular for details"