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Memorandum of Settlement

9. House Rent Allowance

In substitution of Clause 8 of the Bipartite Settlement dated 14th February, 1995, with effect from 1st November, 1999 the house rent allowance payable shall be as under:

AREA

Rate as percentage of Pay No Minimum/No Maximum

(i)

Places with population of more than 12 lakhs

8.5

(ii)

Places with population of 2 lakhs and over [other than places in (i) above] and State Capitals and Capitals of Union Territories.

7.5

(iii)

Places with population below 2 lakhs.

6.5

Note

(1)

Where quarters are provided, HRA shall not be payable, and the rent to be recovered shall be 2.5% of the first stage of the Scales of Pay.

(2)

All other existing provisions relating to House Rent Allowance shall remain unchanged.

10. Transport Allowance

In partial modification of Clause 9 of the Bipartite Settlement dated 14th February, 1995 and Clause 2 of the Bipartite Settlement dated 14th December, 1996 the nomenclature of "Conveyance Allowance" shall be termed as "Transport Allowance" and the same shall be paid @ Rs.65/= per month with effect from 1st November, 1999.

Note :

(i) All permanent part time employees including those on probation drawing scale wages shall be paid transport allowance on pro-rata basis.

(ii) This provision by itself will not preclude the payment of any existing allowance of this nature paid as a result of Government guidelines/bank level settlements.

 

Friday, November 21, 2014
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