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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....

Friday, May 31, 2024

NOIP Circular No 12 - 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: 31-05-2024

Cir No 12/2024

The Chairperson,

L I C of India, Central Office,

“Yogakshema”, Jeevan Bima Marg,

MUMBAI

Dear Sir,

Re: Wage and pension arrears to those retired on or after 1-8-2022 

This has reference to our various letters written to you after every wage revision for immediate 

release of arrears to retirees/pensioners.

➢ Despite our earnest request to disburse wage/pension arrears to retirees 

along with in service employees, no concrete action has been initiated to 

ensure this.

➢ Same position is continuing for decades.

➢ Administrative instructions are being issued with a delay of several 

months. Thereafter the operating offices take their own sweet time to 

disburse the arrears, thereafter.

➢ Thus, a delay of 3-6 months will be there to disburse the arrears to 

retirees/pensioners.

➢ Our repeated request to fix the deadline to operating offices (after 

administrative instructions are issue by CO) for disbursement has fallen on 

deaf ears.

In order to facilitate early disbursement, we request you to at least release the 

administrative instructions (giving a deadline) in this regard and oblige.

Anticipating your earliest instructions,

With thanks and regards,

 Yours Sincerely,


General Secretary 

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