Friday, 26 June 2015

BEFI oppose IBA

Regarding 6th stagnation and 8th stagnation increments:

IBA has issued a clarification regarding the above subject last week.
i.e those who got 6th increment on or after 01.11.2012 will be getting their 7th and 8th stagnation increments on revised dates.
However financial benefit will be from 01.05.2015 only.

Yesterday AIBEA has issued a circular endorsing IBA circular with examples and explanations.

BEFI issued a circular dt. 24.06.2015 objecting IBA circular and said it is a deviation from what was said in 10th B.P.S.

Why UBFU has not issued any circular in this issue?

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