Improve the 11th Bipartite Settlement in Banking Industry

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I hereby request for inclusion of the following issues while finalizing the 11th Bipartite Settlement:

1. Substantial loading over and above 2.5% after merger of Dearness Allowance at 6352 points of Consumer Price Index with Basic Pay.

2. Merger of Special Allowance with Basic Pay.

3. Implementation of 5 days Week.

4. Government approval of Family Pension at 30% of last pay drawn without ceiling.

5. Pension to be updated as per Reserve Bank of India formula

6. Performance Linked Incentive (PLI) to be removed 

7. Scrap National Pension System and extend defined pension scheme to all.