how to check your arrears sheet - PNBPEA

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HOW TO CHECK YOUR ARREARS SHEET

CLERICAL STAFF

FITMENT OF BASIC PAY

Existing Revised

Stage 10th Bipartite 11th Bipartite 1

11765 17900

2 12420 18900

3 13075 19900

4 13730 20900

5 14545 22130

6 15360 23360

7 16175 24590

8 17155 26080

9 18135 27570

10 19115 29060

11 20095 30550

12 21240 32280

13 22385 34010

14 23530 35740

15 24675 37470

16 25820 39200

17 26965 40930

18 28110 42660

19 30230 45930

20 31540 47920

Stag 1 32850 49910

Stag 2 34160 51900

Stag 3 35470 53890

Stag 4 36780 55880

Stag 5 38090 57870

Stag 6 39400 59860

Stag 7 40710 61850

Stag 8 42020 63840

Stag 9 XXXXX 65830


As per 10th Bipartite Settlement - 8 Stagnation increments – with a

frequency of 3 years for the first 5 stagnation increments and 6th,

7th and 8th stagnation increments two years after receipt of 5th, 6th

and 7th stagnation increments respectively.

As per 11th Bipartite Settlement – 9 Stagnation increments – with a

frequency of 2 years (9th Stagnation increment newly introduced)

Stagnation increment/s received by the employees who are/were

in service of the banks as on 1st November, 2017 as per

periodicity hereinbefore would be readjusted from the date of

reaching their maximum by also considering the

Graduation/JAIIB/CAIIB Qualifications acquired thereafter, if any

and employee shall be notionally eligible for stagnation

increments w.e.f. 1.11.2017 in terms of this settlement as per the

revised periodicity which will qualify for superannuation benefits.

However, monetary benefit on account of such

revised and readjusted stagnation increment/s

shall be payable from 1st November, 2020 or the

actual date of entitlement whichever is later.

9th Stagnation increment with effect from 01.11.2017.

A Clerical staff already in receipt of eight stagnation

increments shall be eligible for the ninth stagnation

increment from 1st November, 2017 or two years after

receiving the eighth stagnation increment, whichever is

later.

For example, a clerical who had reached

Rs.42020/- even in Oct 2018 shall be eligible for

wage arrears from October 2020


FOR ADDITIONAL 9TH STAGNATION INCREMENT WITH ARREARS

(WITHOUT REFIXATION)

Additional (9th Stagnation increment in 11th Bipartite)

8th Stagnation increment of 10th

Bipartite from

Eligible for 9th Stagnation

increment from May 2015 to Nov 2015 November 2017

Dec 2015 December 2017

Jan 2016 Jan 2018

Feb 2016 Feb 2018

Mar 2016 Mar 2018

Apr 2016 Apr 2018

May 2016 to Nov 2018 May 2018 to Nov 2020 respectively

Salary arrears shall be payable from the eligible date and for

retirees in addition to the arrears till their date of retirement, they

will also get all superannuation benefits like Gratuity, Leave

encashement, Commutation, Pension.

Stagnation increments for Clerical

Basic Pay Existing as per 10th

Bipartite

Revised as per

11th Bipartite 20th Stage (Maximum) 31540 (Maximum)(3 years) 47920 (Maximum)(2 years)

Stagnation 1 32850( 3 years) 49910( 2 years)

Stagnation 2 34160(3 years) 51900(2 years)



Stagnation 5 38090 (2 years) 57870 (2 years)



Stagnation 8 42020(Additional) 63840( 2 years)

Stagnation 9 xxxxxx 65830 (Additional)


Refixation of Stagnation increment for clerical due to reduction in

frequency

Date of reaching maximum Existing Basic

Pay as per 10th

Bipartite as on

01.11.20

Revised Basic Pay

as per 11th

Bipartite as on

01.11.20

Additional

Increments due

to reduction in

frequency

Basic Stag Basic Stag

Dec 2017 to Nov 2018 Rs.31540/- Max Rs.49910/- 1 1 Dec 2016 to Nov 2017 Rs.32850/- 1 Rs.49910/- 1 0 Dec 2014 to Nov 2016 Rs.32850/- 1 Rs.51900/- 2 1 Dec 2012 to Nov 2014 Rs.34160/- 2 Rs.53890/- 3 1 Dec 2011 to Nov 2012 Rs.34160/- 2 Rs.55880/- 4 2 Dec 2010 to Nov 2011 Rs.35470/- 3 Rs.55880/- 4 1 Dec 2008 to Nov 2010 Rs.35470/- 3 Rs.57870/- 5 2 Dec 2006 to Nov 2008 Rs.36780/- 4 Rs.59860/- 6 2 Dec 2005 to Nov 2006 Rs.36780/- 4 Rs.61850/- 7 3 Dec 2004 to Nov 2005 Rs.38090/- 5 Rs.61850/- 7 2 Dec 2003 to Nov 2004 Rs.38090/- 5 Rs.63840/- 8 3 Dec 2002 to Nov 2003 Rs.39400/- 6 Rs.63840/- 8 2 Dec 2001 to Nov 2002 Rs.39400/- 6 Rs.65830/- 9 3 Dec 1999 to Nov 2001 Rs.40710/- 7 Rs.65830/- 9 2 Up to Nov 1999 Rs.42020/- 8 Rs.65830/- 9 1

Monetary benefit on account of such revised and

readjusted stagnation increment/s shall be payable

from 1st November, 2020. For retirees, it will qualify for

superannuation benefits as per the revised periodicity.

Dearness Allowance

As per 10th Bipartite As per 11th Bipartite

0.10% per slab 0.07% per slab


Dearness Allowance

shall be calculated and

paid on the following

components

1. Basic Pay including Stagnation

increments,

2. Special Pay like SWO “B”, Head

Cashier II, Special Assistant.,

3. Graduation Pay/ Professional

Qualification Pay,

4. Special Allowance,

5. Transport Allowance

6. Permanent Personal Allowance

for IOB Employees

Dearness allowance Rates

Period Existing as per 10th

Bipartite

Revised as per 11th

Bipartite Nov17-Jan 18 51.60% 2.66%

Feb 18- Apr 18 52.70% 3.43%

May 18 – July 18 52.90% 3.57%

Aug 18- Oct 18 54.10% 4.41%

Nov 18-Jan 19 60.70% 9.03%

Feb 19 – Apr 19 61.10% 9.31%

May 19-July 19 64.50% 11.69%

Aug 19 – Oct 19 68.10% 14.21%

Nov 19 – Jan 20 71.70% 16.73%

Feb 20 – Apr 20 75.90% 19.67%

May 20 – July 20 76.10% 19.81%

Aug 20 – Oct 20 77.50% 20.79%

Nov 2020 81.80% (Paid)

81.90%(Actually

Payable)

23.87%

Special Allowance and

Transport allowance attracts

only Dearness Allowance

shall not be reckoned for

superannuation benefits viz.,

pension including contribution

to NPS, PF & Gratuity


House Rent Allowance

As per 10th Bipartite As per 11th Bipartite Population of > 45 Lakhs and

Project Area Centres in

Group “A”

10%

ALL CENTRES

10.25%

Population 12 Lacs and

above including State of

Goa and Project Area

Centres in Group “B”

9%

Other Places 7.50%

HOUSE RENT ALLOWANCE

IS CALCULATED ON THE

FOLLOWING

COMPONENTS

1. Basic Pay including Stagnation

increments

2. Special Pay like SWO “B”, Head

Cashier II, Special Assistant.,

3. Graduation Pay/ Professional

Qualification Pay

4. Permanent Personal Allowance for

IOB Employees

SPECIAL ALLOWANCE AS PER

10TH BIPARTITE

SPECIAL ALLOWANCE AS

PER 11TH BIPARTITE

7.75% OF Basic Pay including

Stagnation Increments

16.40% OF Basic Pay including

Stagnation Increments

THE SPECIAL ALLOWANCE WITH APPLICABLE DA THEREON SHALL

NOT BE RECKONED FOR SUPERANNUATION BENEFITS VIZ.,PENSION

INCLUDING CONTRIBTUTION TO NPS, PF AND GRATUITY. ALSO NOT

TOBE RECKONED FOR HOUSE RENT ALLOWANCE

Transport Allowance as per 10th

Bipartite

Transport Allowance as per 11th

Bipartite

Up to 15th Stage of the Scale of

Pay Rs.425/- Per month

16th Stage of the Scale of Pay

and above Rs.470/- per month

Rs.600/- Plus Dearness

Allowance

For the first time, Dearness allowance is calculated on Transport

Allowance.


The Transport Allowance with applicable DA thereon shall not be

reckoned for superannuation benefits viz., pension including

contribution to NPS, PF & Gratuity.

HILL AND FUEL ALLOWANCE

As per 10th Bipartite As per 11th Bipartite At Places situated at

a height of 3000

meters and above

8% of Pay

(Max

Rs.1500/-

p.m)

At Places situated at a

height of 3000 meters and

above

8% of

Pay

(Max

Rs.2250/-

p.m) At Places situated at

a height of over 1500

meters but below

3000 meters

4% of Pay

(Max

Rs.600/-

p.m)


height of over 1500 meters

but below 3000 meters

4% of

Pay

(Max

Rs.900/-

p.m) At Places situated at

a height of over 1000

meters but less than

1500 meters and

Mercara Town

3% of Pay

(Max

Rs.500/-

p.m)


height of over 1000 meters

but less than 1500 meters

and Mercara Town

3% of

Pay

(Max

Rs.750/-

p.m)

SPECIAL PAY

As per 10th Bipartite As per 11th Bipartite 1 Single Window

Operator “B”

Rs.820/- Single Window Operator

“B”

Rs.1250/-

2 Head Cashier II Rs.1280/- Head Cashier II Rs.1940/-

3 Special Assistant Rs.1930/- Special Assistant Rs.2920/-

PERMANENT PERSONAL PAY (FOR IOBians)

As per 10th Bipartite As per 11th Bipartite Rs.325/- Rs.500/-

Rs.410/- Rs.615/-

Rs.490/- Rs.740/-

Rs.570/- Rs.870/-

Rs.655/- Rs.1000/-

Rs.815/- Rs.1230/-

Rs.980/- Rs.1490/-

Rs.1145/- Rs.1730/-

Rs.1310/- Rs.1990/-

Rs.2120/- Rs.3270/-


PROFESSIONAL QUALIFICATION PAY

As per 10th Bipartite As per 11th Bipartite Rs.410/- Rs.625/-

Rs.800/- Rs.1215/-

Rs.1210/- Rs.1835/-

Rs.1620/- Rs.2455/-

Rs.2010/- Rs.3045/-

Fixed Personal Pay (For Other than IOB and SBI)

As per 10th Bipartite As per 11th Bipartite For population of

more than 45 lakhs Rs.1585/-

AT ALL CENTRES

Rs.2262/- For population of 12

Lakhs and above Rs.1570/-

Other Places Rs.1550/-

Increment component of FPP for superannuation benefits


AT ALL CENTRES

Rs.1310/-

AT ALL CENTRES

Rs.1990/-

PROVIDENT FUND


10% of Basic Pay including

Stagnation increments,

Permanent Personal Pay (PPA)

for IOBians, Special Pay like

Single Window Operator “B”,

Head Cashier II and Special

Assistant and Professional

Qualifcation Pay



Permanent Personal Pay (PPA)

for IOBians, Special Pay like

Single Window Operator “B”,

Head Cashier II and Special

Assistant and Professional

Qualification Pay.



Increment component of FPP for

banks other than IOB and SBI ,

Special Pay like Single Window

Operator “B”, Head Cashier II

and Special Assistant and

Professional Qualification Pay



Increment component of FPP for

banks other than IOB and SBI ,

Special like Single Window

Operator “B”, Head Cashier II

and Special Assistant and

Professional Qualification Pay.


NEW PENSION SCHEME (EMPLOYEE CONTRIBUTION) (WITH EFFECT

FROM 01.04.2010)


10% of Basic Pay(including

Stagnation increments) + DA

10% on Special Pay like Single

Window Operator “B”, Head

Cashier II and Special Assistant

+ DA, 10% on PQP+DA and10%

on PPA for IOBians + DA

10% of Basic Pay(including

Stagnation increments) + DA

10% on Special Pay like Single

Window Operator “B”, Head

Cashier II and Special Assistant

+ DA, 10% on PQP+DA and10%

on PPA for IOBians + DA

“Pay” Components Eligible for

Basic Pay

Stagnation increments

Special Pay

Graduation Pay/Professional

Qualification Pay

PPA for IOBians

Dearness Allowance

HRA

Provident Fund

Gratuity

Pension

New Pension Scheme

The increment componenet of Fixed Personal Pay shall rank for

superannuation benefits.

MEDICAL AID

Medical aid reimbursement enhanced to Rs.2355/- per annum

with effect from 01.11.2017. (It was Rs.2200/- per annum as per

10th Bipartite Settlement)

For the financial year 2017-2018, the reimbursement of medical

expenses under the medical aid scheme shall be enhanced

proportionately for five months i.e. November 2017 to March 2018

for IOBians.

Those who joined our Bank on or before 01.11.2017 will get

Rs.529.58 as arrears for Medical Aid.


For the calendar year 2017, the reimbursement of medical

expenses under the medical aid scheme shall be enhanced

proportionately for two months i.e. November and December

2017 for other Banks.

LEAVE ENCASHMENT AT THE TIME OF AVAILMENT OF LFC

Members who had encashed leave after Nov 2017 while availing

LFC will get their salary difference as arrears.

ADDITIONAL ENCASHMENT OF PRIVILEGE LEAVE

From the Calendar year 2020, PL encashment shall be permitted at

the rate of 5 days for each calendar year at the time of any

festival of the employee’s choice. Employees who have

completed 55 years of age on 01.01.2020 and above shall be

entitled to encash at the rate of 7 days for each calendar year, till

retirement as a one-time measure.

INCOME TAX

Indiividuals (Other Than Senior and Super Senior Citizen)

OLD REGIME

Net income Range Rate of Income Tax Up to Rs.2,50,000/- Nil

Rs.2,50,000/- to Rs.5,00,000/- 5%

Rs.5,00,000/- 20%

Rs.10,00,000/- 30%

Health and Education Cess:

4% on the amount of income tax

Note: A resident individual (whose net income does not exceed Rs. 5,00,000)

can avail rebate under section 87A. It is deductible from income-tax before

calculating education cess. The amount of rebate is 100 per cent of income-

tax or Rs. 12,500, whichever is less.

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NEW REGIME

Total Income Rate of Income Tax Up to Rs.2,50,000/- Nil

From Rs.2,50,000/- to Rs.5,00,000/- 5%

From Rs.5,00,001/- to Rs.7,50,000/- 10%

From Rs.7,50,001/- to Rs.10,00,000/- 15%

From Rs.10,00,001 to Rs.12,50,000/- 20%

From Rs.12,50,001/- to Rs.15,00,000/- 25%

Above Rs.15,00,000/- 30%

Health and Education Cess: 4% on the amount of income tax

Note 1: A resident individual (whose net income does not exceed Rs. 5,00,000) can avail rebate under section 87A. It is deductible from income-tax before calculating education cess. The amount of rebate is 100 per cent of income-tax or Rs. 12,500, whichever is less. Note 2: The option to pay tax at lower rates shall be available only if the total income of assessee is computed without claiming specified exemptions or deductions:

ARREARS CALCULATOR BY ME

ALREADY UPLOADED IN VARIOUS

GROUPS SHALL BE USED FOR

CHECKING ARREARS STATEMENT

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