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 11/2024
The Chairperson,
L I C of India, Central Office,
“Yogakshema”, Jeevan Bima Marg,
MUMBAI
Dear Sir,
Re: One time ex gratia payment to pensioners/family pensioners.
This has reference to our earlier letter dtd 5-7-2023 demanding lumpsum ex gratia payment to the
pensioners on the occasion of ‘Azadi Ka Amrut Mahotsav’, on the lines of “SBI SALUTE” offered by SBI to
their pensioners.
We are extremely happy to note that our genuine demand has been acceded to. It is also praise worthy
that higher amounts are granted for higher age and higher cadres to ensure equity. It would have had
been nice, if all the pensioners were granted irrespective of age.
We thank you for your kind gesture in this regard.
During our meeting with the Joint Secretary, Insurance, on 25-04-2024, he affirmed that LIC pensioners
would get monthly ex gratia pending pension updation, on the pattern of bank pensioners.
We are sanguine that LIC pensioners and family pensioners would get better ex gratia with monthly
pension, compared to bank pensioners, pending pension updation.
Since you have got approved the best wage revision with 16% weightage to the in-service employees, we
fervently hope that pensioners also would get a befitting monthly ex gratia, pending pension updation,
much more than what was granted to bank pensioners. All the pensioners and family pensioners who
have retired prior to 1-8-2022, are eagerly waiting for the above benefit.
We hope that the said instructions would be given from your end at the earliest.
With thanks and regards,
Yours Sincerely,
General Secretary
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