A JOURNEY TOWARDS TRUTH, PEACE .

 The sudden hype now generated by the reported latest statement on Bank Employees by the FM is understandable.Perhaps we LIC pensioners are more excited than Bank pensioners ! My consistent stand (that instead of depending on  court cases and waxing eloquence on legal issues we should save our energy by waiting for something  to happen for bank pensioners), seems to stand vindicated.         It appears to be the speciality of LIC management not to follow even the banks on implementation  of court judgements.I would like to refer in this connection to the case of 92-93 retirees.It is good that shri D Krishnan has made a reference in one of his recent circulars to the meeting he had with Mr.MR Kumar chairman at Ernakulam when he pressed for implementation of the judgement in MC Jains case. The same Mr Kumar had assured me also a number of times as Director (per)when I was the GS that the issue will be settled favourably. In this context I deem it necessary  to narrate briefly a parallel

  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   E circular No.DK/46                                                    30-10-2020 Friends, Reg: Finance Minister takes note of need for Pension Up-gradation There seems to be some silver lining in the skies for us, going through the interview of the Finance Minister, Smt Nirmala Sitharaman published in ‘The Business Line’ of 29 th  Oct 2020. It is essentially an interview on the Banking industry and

  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 E circular No.DK/45                                                   29-10-2020 Friends, Reg: Our reference to Chairman on some important matters and the officious reply from ED (per)   I have, after one month, received a response from ED (Per) to my letter dated 25-09-2020 addressed directly to the Chairman, Sri M R Kumar. I had made a seminal point there that we pensioners, as a class, are taken for g

     

A note from   Sridharan G.N 12:37 PM (0 minutes ago) I would like to inform all readers (LIC pensioners) of your blog that I utilised the lockdown period to compile a Hand book to serve as a reference material with the help of Shri CT Joshi a retired officer of the Belagavi Division.The topics arrayed in the book are as follows. 1) A brief write up on the introduction of Pension scheme in LIC exactly 25 years back 2) Text of Pension rules with updated amendments. 3) Regular pension and Family pension with conditions of eligibility ,model calculations etc. 4) Dearness relief to Pensioners 5) Mediclaim details  6) Ex_ gratia pensions to pre 86 retirees and their families. 7)Snippets on some frige benefits/ concessions 8) Group life cover' for retirees from 2018 9) Details of wage revisions from 1956 for ALL classes of employees of LIc. I had sent a pre-publication version (Xerox) to selected leaders/ workers for the cause of of Pensioners and following their postive response arrangem

  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 E circular No.DK/43                                                      05-10-2020 Friends, Reg:...    Discussions with Management on Revision due 2017, by Employee Associations    I had conveyed to you last, about the LIC Management inviting the representatives of Employee Associations for an information sharing session on the 30 th  of Sept. 2020, through a virtual platform.  It is good to note that t