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: 19-12-2023
Cir No 38/2023
The Chairperson,
L I C of India, Central Office,
“Yogakshema”, Jeevan Bima Marg,
MUMBAI
Dear Sir,
Re: NOIP’s Charter of Demands vis-à-vis Conciliation proceedings signed on 28-04-2023 in the presence
of Dy Chief Labour Commissioner (Central), Bhubaneshwar
Please find herewith enclosed the copy of agreement dtd 28-04-2023 arrived at the conciliation
proceedings conducted by the Dy CLC, Bhubaneshwar, on the issues raised by the Bhubaneshwar unit of
NOIP, for your ready reference. We would like to submit to your good self the following few points for
your kind knowledge and implore upon your immediate intervention in the matter.
✓ We, the National Organisation of Insurance Pensioners (BMS), submitted our Charter of
Demands personally to the then MD, Shri.Pattanaik ji on 19-10-2022 in his chamber at
Yogakshema.
✓ We are the registered trade union under The Indian Trade Unions Act,1926 and affiliated to the
Bharatiya Mazdoor Sangh, the Central Trade Union, duly recognized by the GOI.
✓ Despite we being the registered union of pensioners/family pensioners of LICI representing
more than 7000 members who belong to Cl I to Cl IV retirees, we are not being called for
Information Sharing Sessions.
✓ NOIP is endowed with the right to be called for information sharing (as mandated by the
provisions of The Indian Trade Unions Act, 1926) for discussing the pending issues of pensioners.
✓ We firmly believe that we have to fend ourselves in getting resolved our burning issues, being
the representatives of the pensioners at large.
✓ An official from East Central Zone representing the CO, LICI, signed the agreed document (along
with our representative) at the culmination of conciliation proceedings in the presence DY CLC,
Bhubaneshwar on 28-04-2023.
✓ Accordingly, LIC had agreed to forward our Charter of Demands to DFS for their consideration,
within 3 months from the date of signing the conciliation proceedings. The said period has
already elapsed. The main demand is updation of pension of retirees with every wage revision
for in-service employees.
When we met the MD Shri. Bhanoo ji on 02-11-2023 to discuss our pending issues, it was learnt
that the LIC has not referred the issue of updation of pension vis-à-vis our charter of demands to
the concerned authorities.
✓ Updation of pension has become a vexed issue for pensioners, which needs the immediate
attention and positive action by the LIC management. Because, ever since the gazetting of
Pension Rules, 1995, updation of pension has not been done.
✓ Non-forwarding of our Charter to the DFS, if it is the case, amounts to violation of the
agreement signed in the presence of Dy CLC. As such, NOIP may be compelled to resort to seek
other remedies available under The Industrial Disputes Act, 1947 for the proper enforcement of
the said agreement.
✓ Rule 56 of LIC (Employees’) Pension Rules, 1995 read with Sec 66 of the revised CCS (Pension)
Rules, 2021 strongly suggests the need to update pension. For the first time, GOI thought it fit to
make a mention of it in writing in the revised CCS (Pension) Rules, 2021. This indicates the mood
and intention of the Govt. Except the recommendations of successive Pay Commissions/Office
Memoranda (OM), nowhere pension updation finds its mention.
✓ Taking cue from the above, we implore upon you to aggressively take up the matter with the
DFS for pension updation, since the said matter has progressed a lot in the banking industry.
We look forward to your benevolent positive step in the matter, Sir.
With regards and thanks,
Encl: As above
Yours Sincerely,
General Secretary
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