' ABLE TO EVEN STAND WITH SOME SUPPORT ' .....OUR G S .D.KRISHNAN WRITES ABOUT OUR PRESIDENT .

FEDERATION OF RETIRED LIC CLASS I OFFICERS' ASSOCIATIONS

President :    N.P. Bali 705, Sur, Veena Saaz, Thakur Complex, Kandivali (East), Mumbai - 400 101 Mob : 9820324213 Email Id - npbali@hotmail.com

General Secretary :    D Krishnan No.6/1, Sreshta Riverside Apartments, Wood Creek Road, Nandambakkam, Chennai - 600089 Tel : 9176635967 / 044 42850049. Email Id - dkrishnan1@gmail.com

Ecircular No.DK/87                                                         17-10-2019

Friends,     

Our  Attempts on some Fronts ....

I thought I should keep all of you informed of some attempts  we have been making from here on different matters pertaining to the Retirees.

One was a letter to Sri Raj Kumar, General Secretary of the in-service Class I Federation, suggesting to him to put out major Demands on their Charter, and actively take it up in the process of Negotiations with the Management. The main point is, there is a 5 yearly process that is set in motion for them, which we as Pensioners do not have. Therefore it would be quite appropriate to include our matters in their list. The letter I sent, is reproduced here . 

The other was a brief letter to the ED (P) requesting him to consider releasing our Pensions this month ahead of Diwali as  a special gesture. That short letter too is reproduced here. 

The third one relates to Resignee Officers who have put in the qualifying 20 year Service, before resigning, and who , by the rules framed for eligibility for the second option for Pension, do not currently become eligible to be offered the Pension Option, because they have not satisfied the second condition , that of completing age 55 at the time they resigned from the services of LIC. This of course is a request to LIC, for being liberal , in the spirit of the liberal gesture, of LIC, in offering the second option. Two separate communications were addressed to the EDs Personnel and OS. The one addressed to ED (OS) is reproduced here, which carries the one sent to ED (P).

Today, I was lucky to be able to talk to Sri Bali, our President. He said at the outset, he is not allowed any long talk over phone. He spoke very clearly, though in somewhat lower tones, and mentioned to me that he had seen good improvement from the time of the Surgery 2 weeks back. He said he was able to even stand with some support. His therapy would continue and he hopes to get back to good health gradually. He sounded positive and cheerful. He thanked all the friends who have been passing on their good wishes for his safe recovery. 

I would be sending out the Formal Notice for the General Council Meeting on the 8th of Dec At Kolkata, in a few days from now, as per the Bye Laws. I am hoping that, by then, we would have known about the results of the  Bank Employees' Negotiations with IBA. I understand from some senior sources from among the Bank Officers, that, as of now, there is hope of the Pensioners matters also being included in the Settlement. We will need to wait and see. With greetings to all

D.Krishnan General Secretary

3 Attachments

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LETTER ADDRESSED TO GEN.SECY. FEDERATION OF CLASS 1 OFFICERS' ASSOCIATIONS.

Dear Sri Raj Kumar, 

 I would earnestly request that you include our prime demands of Pension Revision, Family Pension Increase and 5 yearly increases for 80 plus retirees as part of your Demands while you Negotiate with the LIC Management. 

In your case ,ie., those Associations of in-service employees, the Management invites you for sharing of thoughts reg the Revision that falls due every 5 years. In our case, ie., of those Retired, there is no such practice of being called for discussions. Hence we strongly feel , your Federation should make it as part of your own Charter of Demands. The justification is that, all of you will form part of this group tomorrow and you need to take care of your future interests now itself.

As far as Bank Negotiations are concerned, it appears to me, that , though they have made the Pensioners' Demands as part of their Charter, coming to the crunch situation of clinching the maximum in the final stages, they might compromise on the Pensioners' demands of Revision in Pensions for the extra benefit for their in-service employees.

 For the Banks, since Recruitments have been on, on a regular basis, the numbers of those who fall under the pension category might be somewhat less compared to those newer recruits who will only be under the NPS. So, such a compromise might appear advised even from the number game point of view. But in the case of LIC , since there have been no recruitments in the past several years, most of the employees might still be covered by the Pension scheme, and therefore this becomes a major issue even for those LIC Officers now in service. Kindly therefore do include our Revision matter as an integral part of your Charter while negotiating with the Management of LIC. Thanks

D.Krishnan.