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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....

Sunday, January 19, 2025

NOIP CIRCULAR NO 1 - 2025

 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: 19-01-2025

Circular No 1/2025

The Chief Executive Officer & MD,

LIC of India, Central Office,

“Yogakshema”, MUMBAI.

Respected Sir,

Re: Pending pension related and other issues.

✓ This is further to our hundreds of letters in the past 15 years and the latest being dtd.18-9-2024

regarding the long pending issues. Except the increase in family pension and one more option for

pension (denied categories are yet to get the pension option), almost all the issues are either

pending at your level or at DFS level. We, being the affiliate of Bharatiya Mazdoor Sangh, the only

recognized union by the GOI, have been following up the pending issues at DFS and finance

ministry level to get the desired resolution.

✓ The joint delegation of insurance sector unions affiliated to BMS, met the FM Smt. Nirmala

Sitharaman ji on 10-10-2024 under the leadership of S/Shri. Surendran ji, Organising Secretary,

BMS & Girish Arya ji, Secretary and In Charge, financial sector unions of BMS. The discussions

lasted for about 80 minutes and the undersigned narrated in detail the pension related issues

pending for decades. Madam heard with all seriousness and gave positive indications duly getting

confirmed the details of issues with the Secretary, DFS, Shri. M. Nagaraju, who was present

throughout the meeting.

✓ As a follow-up action, Shri. Arya ji met Shri. M Nagaraju, Secretary, DFS on 21-10-2024 and the

latter confirmed that necessary instructions are passed down the line regarding the issues raised

with the FM.

✓ Again on 10-01-2025, Shri. Somesh Biswas, Dy In Charge, Insurance sector unions of BMS, met the

Joint Secretary, Insurance, Dr. Prashant Goyal for follow up and had a detailed discussion. The

latter informed that the issues are being looked into.

✓ After the meeting with the FM, the undersigned met the Joint Director/Under Secretary, DFS on

4-5 occasions as a matter of follow up.

✓ As such, we request you to make serious efforts by recommending/following up with DFS from

your side in respect of the pending pension related issues as reiterated here below￾1) Updation of pension with every wage revision- OROP

2) One more pension option to the left-over ex-servicemen and directly recruited

Superintending/Executive engineers and resigned employees (whose total number is in

hundreds).

3) Increased pension to 80+ seniors.

4) Double the family pension up to age 67 in case pensioner dies before age 67.

5) Computation of pension at 50% of last pay drawn or 50% of last 10 months’ average pay,

whichever is favourable to the retiree.

6) Full pension for service of 20 years or more.

7) One time ex gratia to pensioners aged 60 to 69 (who were left over while granting the same

in May 2024).

8) Reduction in commutation period to 10 years.

9) Grant of NGI to the retiring employee if it falls due on the very next day of retirement. (say

after midnight on the last date of retirement).

✓ In addition to the above where necessary approval may be needed from the DFS, the following

issues are pending at your level- (which can be decided by your good self)

1) Consideration of ADO period (Apprentice Development Officer period) for terminal benefits

including gratuity and pension, etc.

2) Group Insurance Scheme (GIS) to those retired prior to 1-4-2018.

3) Option for Mediclaim to resigned employees, to employees resigned on health ground

without cutoff date and to those who took VRS.

We fervently hope that the above issues would be taken up with all seriousness at your level and at DFS

level for satisfactory resolution.

With thanks and regards,

Yours Sincerely,

General Secretary

NOIP CIRCULAR NO 33 - 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: 04-12-2024

Cir No 33/2024

The Chief Executive Officer & MD,

LIC of India, Central Office,

“Yogakshema”, MUMBAI.

Respected Sir,

Re: Request for issue of SOP regarding the grant of 2 family pensions to the family of deceased retired ex￾servicemen of LIC.

➢ We have come across several cases in the entire country, where the family pension to the family

of retired and deceased ex-servicemen of LIC, was denied with a wrong understanding that such

families are eligible to get only one family pension.

➢ Need is felt that, the staff working in the P&IR Dept & OS/Pension Dept in Divisional/Zonal Offices

is to be sensitised and kept abreast of the latest position governing the dual family pension.

➢ You may be surprised to know that even RM (E&OS) in one of the Zonal Offices was unaware that

2 family pensions are available to the families of deceased retired ex-servicemen of LICI! God save

our families of deceased ex-servicemen of LIC!

➢ With the timely intervention of the office bearers of NOIP (BMS) and submission of relevant

circulars of GOI and LIC, by us, RM (E&OS) started the process of granting family pension in one

such case.

➢ In view of this grave situation, we, as a service organization, who are dedicated to cater to the

various needs of pensioners and family pensioners in the whole country, thought of bringing the

matter to your kind information and knowledge and requesting you to remedy the situation, by

bringing out SOP (Standard Operating Procedure).

➢ We implore upon you to go through the attached note and take immediate steps to release the

SOP to all the operating offices in the country and oblige.

We fervently hope that necessary action would be initiated at your end, Sir.

With thanks and regards,

Encl: As above

General Secretary

NOIP CIRCULAR NO. 32 - 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: 12-10-2024

Cir No 32/2024

To all the members

Re: Meeting with FM

As already informed, BMS had arranged 2 separate meetings with the FM Smt. Nirmala

Sitharaman ji on 10-10-2024 (which was first scheduled to be held in August). One was for

insurance industry and the other for banking industry unions of BMS. From insurance industry,

the all India General Secretaries of NOIP, NOINO, NOLIW, NOIDO, BLIAS, NOIFSE, NFGIE (New

India) and Surveyors’ union participated, led by BMS leaders, S/Shri. Surendran ji, Organising

Secretary, Girish Arya ji, Secretary & Financial Sector Incharge and Somesh Biswas ji, Deputy

Incharge, Insurance Sector. NOIP was represented by the undersigned.

The meeting scheduled for 5 pm on 10-10-2024, started at 5-15 pm and went on for an hour,

though the time slot was 45 minutes. Shri. M. Nagaraju, Secretary, FS was also in the meeting

with the FM.

Through out the session, Madam FM was receptive, attentive and highly interactive. From NOIP,

we had already mailed our letter dtd. 9-10-2024 addressed to the FM, the copy of which has

already been circulated.

At the outset, the under signed thanked the FM for having approved a good wage revision for in

service employees, increasing the rate of family pension to 30% of last basic drawn and said that

we are indebted for her act of benevolence, which was duly acknowledged by her with humility.

On the other hand, we drew her attention to the plight of senior citizens/pensioners and

requested for the early resolution of our pending issues including updation, saying that we are

at the mercy of the govt. FM appeared to be empathetic.

1) Detailed inputs were given by the u/s regarding the anomalous situation prevailing due to

non updation of pension for the last 37 years. We had already mailed a letter with anomaly

chart to the Secretary, FS. Madam got confirmed about the authenticity of our submission

and appeared to be empathetic with the cause of pensioners. During the last one month,

NOIP has visited the DFS for more than six times to liaison with the officials from Director to

the Section officer and providing relevant statistics, calculations to buttress our case

regarding updation. NOIP has succeeded in convincing the various authorities regarding the

dire need to update the pension. We sincerely feel that the ball is set into motion in a right

direction and we expect the desired resolution of the issue, sooner.

2) We also thanked Late Shri. Jaitley ji for having approved one more pension option for 28000

odd PF optees of LIC in 2019 and requested her to approve the pension option to the left

over engineers/ex servicemen and resigned PF optees (since in banks, agreement was

signed in 2023 for granting pension option to resigned employees). Altogether this number

may be about 200, we affirmed. We hope to get positive response in this regard due to our

persistent persuasion of the issue with her during the interaction.

3) Regarding the other 3 issues viz, 50% last pay as pension, increased pension to 80+ seniors

and double the family pension up to 67 years of age of deceased pensioner, we believe that

these issues are under active consideration of the DFS and urged for the earliest resolution

of the same.

The meeting was conducted in a very cordial manner. We thank the BMS leadership for

having facilitated such a nice interactive meeting with the FM that was long due and we

firmly believe that this meeting would pave way for the earliest resolution of our long

pending issues.

We assure that we would continue to continuously follow up the issues at DFS, until they

reach a logical conclusion.

With Dussehra greetings,

General Secretary