A JOURNEY TOWARDS TRUTH, PEACE .

  E circular No.DK/66                                         30-06-2021 Dear Friends, Reg:    Family Pension Improvement - Letter to Chairman LIC. It has been a while since I came on the touch-board of messages to all of you. Many of you would have known the unconfirmed report that the Finance Minister has cleared the proposal for raising the level of Family Pension for Bank Retirees to 30% (without Ceiling) of last drawn Basic plus applicable DA, from its current level of 15%. In the normal course, as per prevailing practice, what is granted to the Bank Employees is almost automatically followed up with a similar approval for LIC Employees/Pensioners. Though there is no clear official confirmation regarding the Approval from the FM on this matter, we believe it has happened, and soon the IBA should be releasing instructions to Banks on how the change pans out. I thought, we need to take it up with our Chairman now, so that efforts from the side of LIC, is not missed out by def

  very informative. No of deaths of employees and officers etc is 500 &  death of good number of agents has been mentioned.25000 policyholders of all life insurers are reported to have died of Covid  with majority of policyholders being insured with LIC. It is not known how many pensioners (including family pensioners) have died. I wonder whether LIC will be able to give the information if sought under RTI. As this is an unexpected extra mortality among the LIC employees and pensioners caused by the pandemic and there would have been heavy medical expenses incurred by the families besides the caused by cessation of pension income in future,is there not a case for LIC to provide some relief for employees of all classes ,pensioners and also agents on humanitarian grounds? C H Mahadevan