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: 07-10-2023
Cir No 30/2023
Shri. Sat Pal Bhanoo ji,
Managing Director,
L I C of India, Central Office,
Yogakshema, MUMBAI
Dear Sir,
Re : Minimum Family Pension.
At the outset we thank you for Revision of Family Pension. But we feel honestly, that the
existing Family Pensioners have been robbed of their rightful arrears, at least from 1/4/2021
onwards.
Administrative Instructions were issued by E&OS department of Central Office, on 21-09-2023.
In this circular, a Chart of Minimum Pension has been given, which resembles earlier
APPENDIX V of our Pension Rules. The Notification has deleted the APPENDIX V of our
Pension Rules wef 11-09-2023.
We find that the Notification states that the Family Pension should not be less than the Minimum
family pension as determined by the Board from time to time. And the above referred circular in
its chart gives Minimum Pension for Category 1, 2 & 3 Pensioners.
However, increase in Family Pension to 30% without corresponding increase in the Minimum
Pension, does not seem to be technically correct. The following Chart will bring home the point
that the Minimum Pension also needs an upper revision. Else, the Minimum Pension as per CO
circular 21-09-2023 is redundant and loses its sheen.
Group to which the FP
belongs to.
Stage III of Min
Pension Chart
Min Pension Pay Re.1/- above
Min Pay
Actual Family
Pension.
Group 1 Above Rs.3,000/- Rs.600/- At Rs.3,001/- Rs.901/-
Group 2 Above Rs.5,740/- Rs.1150/- At Rs.5,741/- Rs.1,723/-
Group 3 Above Rs.8,700/- Rs.1740/- At Rs.8701/- Rs.2,611/-
Group 4 Above Rs.11,640/- Rs.2330/- At Rs.11,641/- Rs.3,493/-
Group 5 Above Rs.14,720/- Rs.2950/- At Rs.14,721/- Rs.4,417/-
Group 6 Above Rs.23,540/- Rs.4720/- At Rs.23,541/- Rs.7,063/-
Group 7 Above Rs.31,760/- Rs.6370/- At Rs.31,761/- Rs.9,529/-
Hence, NOIP demands to have a relook in to the Minimum Family Pension as prescribed in
CO/E&OS circular dtd.21-09-2023 and the Minimum Family Pension should be double the
existing rates as shown in Category 3 in the above Circular.
Hope for an early rectification of the same,
With kind regards,
Yours Sincerely,
General Secretary
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