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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, July 11, 2024

NOIP Circular No 17 - 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: 10-06-2024

Cir No 17/2024

Shri. Prashant Kumar Goyal,

Joint Secretary (Insurance),

Dept of Financial Services,

Jeevan Deep Bldg, Sansad Marg,

New Delhi

Dear Sir,

Sub: Pending pension related issues of LIC’s Pensioners vis-à-vis our meeting held with you.

This is further to our meeting with you in your office in Delhi on 25-04-2024. We are grateful to

you for having given to us an audience, to discuss the pending pension related issues. You were

kind enough to give a patient hearing and we were impressed by your reassuring gesture.

➢ You informed us that ex gratia payment to LIC’s pensioners has been approved by the

DFS. On our pointed query, you affirmed that it is on bank pattern.

➢ On 7-5-2024, LIC issued a circular granting one time ex gratia payment to the pensioners

and family pensioners. It is a paltry amount and denied payment to pensioners less than

70 years of age and it is contrary to what was granted to the bank pensioners.

➢ In banks, monthly ex gratia has been sanctioned for the period of 12th Bipartite

settlement and is being paid every month along with the usual pension, pending

pension updation, to all the pensioners without any discrimination.

➢ LIC has discriminated by denying the one-time ex gratia to those pensioners less than 70

years of age, which act of theirs smacks of equity, fairness; and vindicates their divisive

action of denying the benefit to all (pensioners of less than 70 years of age were left

out).

➢ Hence, we implore upon you to- 1) grant the one-time ex gratia to all the pensioners

irrespective of age, 2) Increase the one-time ex gratia to at least 5 times the amount

granted to all categories of pensioners, irrespective of the age of pensioners AND/OR 3)

Grant substantial monthly ex gratia (better than the one granted to bank pensioners) for

the current wage revision period, to be paid to all the pensioners/family pensioners, till

the pension updation is done.

➢ We also request you to consider other pension related demands made by us including

One More Pension Option (OMOP) to the less than 100 ex-servicemen and directly

recruited engineers.

We hope to receive a positive response from your end,

With thanks and regards,

 Yours Sincerely,

 General Secretary

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