NATIONAL ORGANISATION OF INSURANCE PENSIONERS
Regn No.PN 4769 (Regd under Indian T U Act, 1926)
(Affiliated to Bharateeya Mazdoor Sangh)
BMS Office, Vishwakarma Bhavan, 185, Shaniwar Peth, Pune 411030. Tel.: 020-24454040
President: T.C. Gunesh Kumar Working President: Vilas V. Purkar General Secretary: Ashok J. Joshi
Mob No: 9880683639 Mob No: 9922166599 Mob No: 9561084182 & 9945104570
Date: 11-09-2023
Cir No 27/2023
Great gift to the family pensioners of LIC
NOIP (BMS) Zindabad
To All the Members,
It gives us immense pleasure to inform you that the long pending demand of NOIP has been met after a
struggle/follow-up for 19 years continuously. Family pension has been increased to 30% of last pay
(Basic pay plus FPA) without any limit, drawn by the pensioner at the time of his/her retirement. The
sum and substance of the notification is as under1) The increased family pension is payable with effect from today ie 11-09-2023. We are sending a
letter to LIC’s Chairperson expressing our displeasure for not giving effect from the date of
Board resolution of September 2019 or at least from 1-4-2021, from which date family
pensioners of PSU Banks/NABARD/Rural Grameen Banks were given.
2) Since majority of the family pensioners are in 15% slab, all such family pensioners will get
exactly double the gross family pension that they are drawing now, from today.
3) Those family pensioners, whose pensioner spouse has expired before completing 65 years of
age, are already getting double the family pension payable as per the old rules. Henceforth
(from 11-9-2023) they will get 50% of last pay drawn by the pensioner as family pension, till the
completion of 65 years of age, had he/she been alive. This means that, even such of the family
pensioners will get more family pension than that they are getting now.
We are happy that the family pensioners could see Achche Din under the Modi Govt.
NOIP (BMS) profusely thanks the finance minister and also the Chairperson of LIC for his continuous
follow-up with DFS. Special thanks to the BMS leadership at Delhi for their non-stop follow-up
(Especially by Shri.Girish Aryaji, Financial Sector In charge and Secretary, BMS) and pressure built up
on the DFS for the last 10 years, especially after the Modi Govt came to power at the centre.
Detailed account in a chronological order, regarding the efforts made by NOIP/BMS for the last 2
decades, is enclosed herewith for your ready reference.
NOIP/BMS Zindabad
Yours Sincerely,
General Secretary
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