Staff Welfare Schemes, Summaries of Earth science

Various staff welfare schemes offered by a bank, including medical aid, health check-ups, reimbursement of expenses for business attire, cleansing materials, festival advances, canteen subsidies, bereavement leave, scholarship schemes, financial assistance for children with special needs, compensation for working on holidays, reimbursement of travel expenses, and various other benefits. The schemes are categorized by employee cadre and provide details on the eligibility, approval process, and monetary limits for each benefit.

Typology: Summaries

2019/2020

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STAFF WELFARE SCHEMES COMPILED BY ITC, FARIDABAD
STAFF WELFARE
BENEFITS
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STAFF WELFARE

BENEFITS

PNB 2.

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DISCLAIMER

This document contains Highlights of Staff Welfare

Benefits Circulated vide

HRMD Master Circular No 495 dated 26.03.

The objective of this document is to provide an

Overview of Benefits

Covered under this circular related to various

Staff Welfare Schemes

Contents of this document shall not form the basis of any

reference and Bank Circular will be the only referral document.

This document does not carry any specimens of Forms.

Please refer to the Circular for the same.

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INDEX

S No Scheme Page No 26 Silver Jubilee Award 36 27 Redressal of Sexual Harassment of Women 37 28 Immediate relief to family of deceased employee 40 29 Financial Aid to family of deceased employee 40 30 Compensation for employees killed in robberies etc 41 31 Ex-gratia to family of deceased employee 42 32 Engaging Part time Doctors 43 33 PNB Parivar Bhavishya Arogya Yojna & OBC Parivar Healthcare Scheme

34 IBA’s Group Medical Insurance Policy 45 35 Hospitalization scheme for retired employees 46 36 Residential SFF 46 37 Policy for Telephone/Mobile/ISP 48 38 Bank Vehicle for Senior Executives 49 39 Charges on Credit Cards 49 40 Reimbursement of Uniform cost 50 41 Service Charges for depository services 51 42 Compassionate appointment to family member of deceased employee

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1. MEDICAL AID

Bank offers the facility of reimbursement of Medical Expenses

incurred to its’ employees, as per details below:

(Per Annum)

Cadre Extent Minimum

Officers – JMG & MMG @50% of Basic Pay of previous year’s December month

Rs. 8000/- Officers – SMG & TEG Rs. 9050/- Award Staff Rs. 2200/- --

Medical aid is reimbursed on the basis of declaration. This can be carry forwarded to the next 3 years. Thereafter, it will lapse.

2. Health Checkup for Officers & Employees

Facility of Annual Health Checkup is provided to full time employees (including their spouse) of the Bank.

Eligibility

  1. All full time employees of the Bank and their spouses aged 35 years & above
  2. This facility is provided once in a calendar year
  3. Eligible Employees/Spouses of employees may get the prescribed tests done at hospitals approved by Circle Office/Head Office at their own cost at approved rates. Thereafter, request for reimbursement of costs be sent to respective controlling offices along with: i) Original bill/receipt in respect of the medical health checkup ii) Certificate from the hospital containing list of tests conducted (no films/reports need be submitted)

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Other terms

  1. Reimbursement is meant for complete medical checkup and individual tests are not eligible for reimbursement
  2. No special leave/travelling allowance is permissible
  3. Bed charges, if any are to be covered within maximum permissible limit

3. Purchase of stationary items (Fountain pens, ball pens,

refills etc)

S No Cadre of the employee Limit (per person per year) 1 All Staff members Rs. 350/- (inclusive of all taxes)

i) Reimbursement is provided on the basis of undertaking ii) Such purchase of stationary items is allowed only once in a calendar year

4. Facility of Newspaper/Magazines at the residence of

employees

S No Cadre of the employee Limit (per month) Newspaper/Magazine 1 Scale VI & above Rs. 600/- Purchase of

2 Scale IV & V Rs. 450/-^ Newspaper/Magazine 3 Scale II & III Rs. 300/- 4 Scale I Rs. 200/- Purchase of Newspaper

5 Clerical Staff Rs. 175/- 6 Subordinate Staff (including PTS)

Rs. 150/-

i) Reimbursement is allowed on the basis of an undertaking submitted in HRMS. ii) Amount is reimbursed on quarterly basis

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5. Reimbursement of Entertainment Expenses & Club

Membership

Entertainment expenses to Officers (Scale I & above)

S No Scale of the Officer Annual Expenditure Limit 1 MD & CEO Rs. 100000/- 2 Executive Directors Rs. 75000/- 3 Chief General Managers Rs. 50000/- 4 General Managers Rs. 37500/- 5 Dy. General Managers Rs. 19500/- 6 Assistant General Managers Rs. 12900/- 7 Scale – IV Rs. 12900/- 8 MMG – Scale III Rs. 12200/- 9 MMG – Scale II Rs. 11500/- 10 JMG Scale – I (service > 7 years) Rs. 10800/- 11 JMG Scale – I (service upto 7 years) Rs. 8600/-

i) Limits are for Financial Years ending 31 March every year ii) Limit is to be used for “Business Development Meetings” iii) In case of mid - year transfer, limits be adjusted proportionately

Entertainment Expenses to Workmen Employees

S No Cadre Monthly Expenditure Limit 1 Clerical Staff (including SA) Rs. 650/- 2 Subordinate Staff (including FTS) Rs. 650/- 3 Part Time Sweepers On Pro-rata basis

Expenses are reimbursed (undertaking basis) on half yearly basis, 50% in first half year and balance 50% in second half year of the Financial Year.

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Miscellaneous Guidelines

i) Membership of club/association is linked to the place of posting and is primarily meant for development of bank's business. ii) Institutional memberships are to be encouraged /preferred. iii) Reimbursement of Entertainment expenses and Club membership are for a Financial Year. iv) An Officer on transfer can avail the balance of available limits for the year, i.e. limit available to him will also be transferred to the new office. v) An Officer who has been promoted or who has joined the Bank in the middle of the year would be entitled to pro-rata limits. vi) Officers due to retire during the year, are entitled to full extent for the year.

6. Reimbursement of cost of Business Attire

MD &CEO, ED, Chief General Manager, General Managers and Deputy General Managers will be reimbursed the cost of business suits including Stitching Expenses, if any, by the bank subject to a maximum limit on self declaration basis, as under:

S No Scale of the Officer Maximum Annual Limit 1 MD & CEO/ED Rs. 25000/- 2 Chief General Managers Rs. 15000/- 3 General Managers Rs. 10000/- 4 Dy. General Managers Rs. 10000/-

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7. Reimbursement of expenses of Cleansing Material

All staff members are allowed reimbursement of expenses of Cleansing material at their residence on a quarterly basis, on the basis of their undertaking in HRMS as under:

S No Cadre of the employee Amount (per quarter) 1 Officers in Scale VIII Rs. 2000/- 2 Officers in Scale VII Rs. 1500/- 3 Officers in Scale VI Rs. 1200/- 4 Officers upto Scale V Rs. 1000/- 5 Clerical Staff (including SA) Rs. 1000/- 6 Subordinate Staff Rs. 1000/-

8. Interest Free Festival Advance to Bank employees

Sanction of Interest Free Festival Advance to eligible employees would be granted as per the following limits:

Officers

S No Scale of the Officer Gross Salary of previous month (rounded off to completed “000) subject to maximum of 1 Officers in Scale I Rs. 35000/- 2 Officers in Scale II Rs. 50000/- 3 Officers in Scale III Rs. 60000/- 4 Officers in Scale IV & V Rs. 85000/- 5 Officers in Scale VI & VII Rs. 100000/- 6 Officers in Scale VIII Rs. 125000/-

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10. LIMIT FOR PURCHASE OF BRIEFCASE BY OFFICERS

Briefcase facility is allowed to all the confirmed officers of the Bank for use of official purpose, irrespective of the scale in which he/she joins the services of the Bank, and is reimbursed towards purchase of Briefcase/ Suitcase/Handbag/Travel Bag, upto the prescribed ceiling of cost as under, based on the undertaking given in HRMS:

S No Cadre of the employee

Ceiling (inclusive of taxes)

Period (reckoned from date of last purchase)

1 MD & CEO/ED Rs. 50000/- 2 Officers in Scale VIII Rs. 30000/-^ Once in a year 3 Officers in Scale VI & VII

Rs. 25000/-

4 Officers in Scale IV & V

Rs. 7000/- Once in 3 years 5 Officers in Scale II & III

Rs. 3500/-

6 Dy Manager/Branch Head in JMGS – I

Rs. 2500/-

Competent Authority

S No Scale Sanctioning Authority 1 Officers working in branches/divisions

Incumbent In charge/Divisional Head

2 Incumbent In Charges Controlling Authority 3 CGM/GM/Divisional Heads in HO

GM, HRMD

4 CGM/GM posted in field

AGM/CM of concerned office – In charge of establishment section

11. BEREAVEMENT LEAVE IN THE BANK

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“Bereavement Leave” is a Special Leave for employees, where in case of demise of a close family member, he/she needs to be with the family in the hour of grief.

Salient features of Bereavement Leave are :

  1. The leave can be availed by all Employees
  2. It is a paid leave
  3. Maximum period of leave is 7 days for each instance
  4. It is to be availed within 15 days of the demise of the family member
  5. This leave is to be availed at one stretch
  6. If not availed within the prescribed period, the leave would lapse.

Family member (for purpose availment of leave) includes:

  1. Spouse
  2. Children
  3. Brother/Sister
  4. Parents
  5. Parents in law

12. SABBATICAL LEAVE SCHEME FOR WOMEN EMPLOYEES

This scheme has been introduced for the benefit of women employees to meet their special problems faced during their career, viz. requirement of leave on medical grounds, care of family members or children, higher studies, visiting spouse etc.

Eligibility

  1. The Employee should have put in minimum 5 completed years of service. In exceptional cases, leave may be sanctioned by an authority higher to the competent authority.
  2. The following categories of Employees are not covered under the scheme :

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  1. The Employee will not be eligible to participate in any promotion process during the period of leave
  2. No Pay, Salary, Allowances or any consequential monetary as well as non-monetary benefits like seniority, determination of seniority for promotion, superannuation benefits will be admissible for this period
  3. Benefits like hospitalization expenses, leased accommodation etc. will not be admissible
  4. Period of sabbatical leave will not be considered for increment or qualifying service for pension, leave etc
  5. No increments would be earned during sabbatical and the employee would rejoin at the same stage of pay
  6. No leaves are to be credited during the period of Sabbatical leave.
  7. No leaves can be prefixed or suffixed with Sabbatical Leave.
  8. Any official quarter / leased accommodation provided is to be vacated/surrendered before proceeding on Sabbatical Leave
  9. If required, an Employee on Sabbatical Leave must be available as witness in any investigation, court case, departmental enquiries etc during sabbatical. Permissible TA/DA will be paid for the same.

Status of Liabilities

  1. All interest free loans are to be adjusted before proceeding on Sabbatical Leave. However, Sanctioning Authority may accept an appropriate declaration from the employee.
  2. If the outstanding of interest bearing loans are more than the PF Contribution and Gratuity Payable to the employee, Sanctioning Authority may permit moratorium for repayment of loan installments during the Sabbatical period, for a maximum of upto 2 years. In that case, repayment schedule of these loans would be reworked on resumption of duties and the employee would be required to pay revised installments.
  3. No loan is to be sanctioned during the Sabbatical period.

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1 3. SCHOLARSHIP SCHEME TO PROVIDE FINANCIAL

ASSISTANCE TO ONE TALENTED CHILD OF THE EMPLOYEES

The Scholarship Scheme has been framed for providing financial assistance to talented children of employees as per details below:

  • One talented child of a subordinate staff for Graduation /Post graduation and
  • One talented child of award/officer staff for Graduation /Post Graduation in Medicine, Engineering, Architecture, Agriculture (not as one subject), Computer (not as one subject) and Post Graduation in Management & Post Graduation Diploma of two years in the Management from any recognized university and/or from an Institution recognized by All India Council for Technical Education including Chartered Accountancy.

Eligibility & Extent

S No

Scale/Cadre of employee

Course (recognized university/AICTE)

Amount Per Annum* 1 Subordinate Staff incl permanent part time employees)

Graduation/Post Graduation in any discipline of Arts, Science or Commerce.

Rs. 4000/-

2 Award/Officer Staff Graduation/Post Graduation in any technical stream

Rs. 7000/-

Sanctioning Authority S No Sanctioning Authority Employee 1 Circle Office/Zonal Audit Office/Zonal Office

Employees under their respective jurisdiction

2 HRMD, HO Employees working in HO Divisions

Salient Features of the Scheme:

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15. PAYMENT OF CONVEYANCE ALLOWANCE AND SPECIAL

CASUAL LEAVE TO BLIND & ORTHOPAEDICALLY CHALLENGED

EMPLOYEES AND DEAF & DUMB EMPLOYEES

Conveyance Allowance can be offered to Blind & Orthopedically Challenged and Deaf & Dumb employees having a minimum of 40% permanent partial disability of either upper or lower limbs or 50% of permanent partial disability of both upper and lower limbs together, as per the details below:

S No Eligibility Extent 1 40% partial disability of either upper or lower limbs OR 50% of partial disability of both upper & lower limbs together

5% of Basic Pay subject to Maximum Rs. 400/- per month

In case of award staff, the conveyance allowance is over and above the transport allowance payable under Bipartite Settlement.

This Conveyance Allowance will not be admissible if / where :

  1. During leave (except casual leave), joining time or suspension
  2. Where beneficiary is already getting any kind of separate allowance to commute between residence and office under bank level scheme/arrangement and such allowance is more than the allowance admissible under the scheme
  3. If the beneficiary is provided with Bank’s vehicle to commute between place of residence and office.
  4. If the beneficiary has been allotted a residential accommodation in the same campus where place of work is located.

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Special Casual Leave

Special Casual leave may be provided to PWD employees with prior approval of the competent authority, as under:

S No Special Casual Leave

Purpose Competent Authority 1 4 days in a calendar year

For specific requirements relating to their disabilities

Circle Head/Divisional Head 2 Additional 10 days leave in a calendar year

For exigencies/specific requirements relating to their disabilities

CGM/GM-HRMD

Unavailed Special Casual Leaves cannot be carried over.

16. COMPENSATION/COMPENSATORY LEAVE TO OFFICERS

FOR WORKING ON SUNDAYS/HOLIDAYS

Compensatory off is applicable for officers who are required to attend branch/office on Sundays and /or on Bank holidays, owing to exigencies of work.

For Officers working in offices other than CTS/ECS/RTGS/SWIFT or under RBI-Govt Directions, the compensation to be paid would be as under :

S No Scale Working Hours Compensation 1 Officers upto Scale III

Upto 4 hours Half Day Diem Allowance as per entitlement 2 Officers upto Scale III

More than 4 hours

Full Day Diem Allowance as per entitlement, OR One day compensatory Off to be availed within 30 days