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TEN REASONS TO JOIN “NOIP”

1. National Organisation of Insurance Pensioners is the only pensioners' organisation registered under the Indian Trade Union Act, 1926....

Thursday, May 9, 2024

NOIP Circular No 10 - 2024

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 General Secretary: Ashok J. Joshi

 Mob No: 9880683639 Mob No: 9561084182 & 9945104570 

Date: 07-05-2024

Cir No 10/2024

To all the members

ONE MORE FEATHER IN THE CAP OF NOIP- NOIP’s demand accepted

✓ You are aware that NOIP had written on 5-7-2023 (enclosed for ready reference) to the 

Chairperson to grant on time payment on the occasion of Azadi Ka Amrut Mahotsav, on the lines 

of “SBI SALUTE” (SBI granted one time payment to its pensioners/FPs of aged 75 and above).

✓ We are happy that our demand is accepted and LIC has granted one-time payment to our 

pensioners/FPs.

✓ Payment is granted to those who are 70+ (we had demanded for 75+ on the occasion of Azadi 

Ka Amrut Mahotsav), better than SBI’s offer.

✓ Amount of payment is almost double than that of SBI’s offer.

✓ Those pensioners and family pensioners who have completed 70 years as on 7-5-2024, are 

eligible to receive this payment.

✓ Fair equity is ensured by giving higher amount for higher age and higher cadres. 

✓ Payment is made to pre 1986 retirees too, which is a welcome step.

✓ Please note that this is nothing to do with pension ex gratia, as clearly assessed by Shri. C T 

Joshiji. This is regarding Azadi Ka Amrut Mahotsav.

✓ As corroborated by the Jt Secretary, Insurance, during our meeting with him on 25-4-2024, we 

are to get pension ex gratia every month to all the pensioners/FPs on the bank pattern pending 

pension updation.

✓ We are sanguine that LIC may give better offer compared to banks as monthly ex gratia for all 

those who have retired prior to 1-8-2022 (irrespective of age). This may also come through 

administrative instructions, since the DFS has given clearance, as per the Jt Secretary’s 

affirmation.

Let us wait for further developments in the matter.

With greetings,

Encl: As above

Yours Brotherly,

 

 General Secretary

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