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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....

Saturday, June 1, 2024

NOIP circular no 14 - 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: 01-06-2024

Cir No 14/2024

The Chairperson,

L I C of India, Central Office,

“Yogakshema”, Jeevan Bima Marg,

MUMBAI

Dear Sir,

Re: Onetime payment of Ex gratia to those who got higher scale.

We thank you for having paid the ex-gratia to the eligible pensioners in the pension for May 2024.

✓ We observe that the pensioners who got higher scale are not treated as retired in higher cadre/

scale, but considered under the lower cadre for determining the amount of ex-gratia and paid less

accordingly.

✓ Suppose, an ADM who got DM’s scale during his last year of service, is considered as ADM to

arrive at the quantum.

✓ This is highly illogical and tends to play with the sentiments of the concerned retirees.

✓ You are fully aware that, to get the higher scale (higher cadre), one has to go through all the

modalities to get promotion, viz Special CR/Interview etc before getting the higher Cadre/Scale.

✓ Just because they don’t have more than 6 months’ service, they get higher scale and not

promotion.

✓ In all fairness, it is next promotion only. Hence, your action does not fit into any

logic/fairness/reasonableness/equity.

As such, we appeal to you to modify the payment module by considering such higher scale as promotion

to the next cadre, and arrange to pay arrears to all the pensioners affected by this faulty consideration.

In anticipation of your kind action,

With thanks and regards,

Yours Sincerely,

General Secretary 

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