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.
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 28/2023
The Chairperson,
L I C of India, Central Office,
“Yogakshema”, Jeevan Bima Marg,
MUMBAI
Dear Sir,
Re: Family pension enhancement notification
We are extremely happy for the gazette notification of today, enhancing the quantum of family pension
to 30% of last pay drawn, without any ceiling. We extend our hearty thanks to you for all the sincere
efforts made by you and your team, in getting the same notified.
On the other hand, the self esteem of the family pensioners is hurt, seeing the effective date, as of
today. Logically, we had expected the effective date as the date of resolution passed by the LIC’s Board
in September 2019. Or at least, to maintain the parity in the financial sector, retrospective date should
have been 1-4-2021, the date from which the family pensioners of PSU Banks/NABARD/Regional Rural
Banks got the enhancement of family pension. LIC, being a cash rich company, denying the retrospective
date in tandem to banking sector, does not bode well. We feel it as an affront on the self esteem of
Licians. This step motherly attitude of the DFS is deplorable, which has created a sense of discontent in
the minds of family pensioners. We urge upon you to convey our feelings to the DFS and try to undo the
injustice perpetrated on the LIC’s family pensioners.
We note with pain that other pension issues that are recommended by LIC, are still pending with the
DFS. We had expected that one more pension option to the left-over Ex-Servicemen and directly
recruited Superintending Engineers (altogether less than 100), would also be notified. But to our utter
dismay, their case is not resolved, though recommended by LIC. When Modiji’ govt has bestowed all the
benefits to the Ex-Servicemen including OROP; denying OMOP (one more pension option) to a handful
of Ex Servicemen and SEs does not augur well. We earnestly request you to strive to get justice to them.
We also implore upon you to get the other pension issues resolved that are pending with the DFS.
Your kind action would go a long way in ameliorating the living conditions of 75000+ pensioners of LIC,
who have toiled to bring this great organization to the enviable position of what it is today.
Anticipating a positive response from your end,
With thanks and regards,
Yours Sincerely,
General Secretary
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