Our letter dated 9/2/2017 to ED (Per) on the above subject is reproduced below for your information .
"Dear sir,
Re Deduction of premium for policy yr.2017-18 out of pension.
It was a measure of great relief for the pensioners when it was decided last year that the share of the premium to be borne by pensioners will be deducted in 12 monthly instalments.
By the time the decision was taken some pensioners at different centers had already paid their premiums in lump or some instalments had been recovered for the cover period of 2016-17.It has been brought to our notice that those who had paid the premiums by a lump deduction for the last year will not be eligible to avail the facility/concession of monthly deduction for the ensuing master policy year.you will kindly appreciate that such a stand is not logical and will be against the spirit of the relief measure agreed to already.
We therefore appeal that suitable instructions clarifying the position to all divisions are issued immediately as premium deductions are scheduled to commence from pension due for the moth of Feb.2017
--GNSridharan Gen.Secy ""
This letter was necessitated as we recd. Complaint from one of our assns.on the stand taken by the local D O of LIC in this behalf.
- GNSridharan
This letter was necessitated as we recd. Complaint from one of our assns.on the stand taken by the local D O of LIC in this behalf.
- GNSridharan
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