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Thursday, 19 December 2024

One Nation, One Election


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Press Information Bureau
Government of India
Ministry of Law and Justice
17 DEC 2024 10:42AM by PIB Delhi
One Nation, One Election

Introduction

India’s democratic framework thrives on the vibrancy of its electoral process, enabling citizens to actively shape governance at every level. Since independence, over 400 elections to the Lok Sabha and State Legislative Assemblies have showcased the Election Commission of India’s commitment to fairness and transparency. However, the fragmented and frequent nature of elections has sparked discussions on the need for a more efficient system. This has led to the resurgence of interest in the concept of "One Nation, One Election."

Wednesday, 18 December 2024

*Another type of Cyber crime. Be careful.*

*Another type of Cyber crime. Be careful.*
*Released by HDFC Bank for public awareness.*.
Please click below:'



Digital copy of Yogakshema Magazine, December, 2024


महोदय/महोदया,

माह दिसम्बर 2024 की योगक्षेमा प्रत्रिका की डिजिटल प्रति प्रेषित कर रहे हैं। कृपया प्राप्ति स्वीकार करें।

योगक्षेमा डेस्क
केंद्रीय कार्यालय, मुम्बई
Click below:-
https://drive.google.com/file/d/19Q2G_3s_9F7sxeC8OfCwt04n5_O1Au7S/view?usp=drivesdk


Tuesday, 17 December 2024

NATIONAL PENSIONERS DAY 17th December

 Dear Friends,


                          All of  us are aware  that 17th December is an important day as far as  Pensioners in India, are concerned..


                       It was on this day in 1982 that the Supreme Court delivered a landmark judgment guaranteeing dignity and decency  to the retired officials and pensioners.  ‘Pensioners Day’is celebrated in our country  to  remember, with gratefulness, the late D.S. Nakara who  fought for years to bring dignity and grace  to the community, through the judgment dt 17.12.1982..

राष्ट्रीय पेंशनर्स दिवस की हार्दिक शुभकामनाएं






Monday, 16 December 2024

Expected DA/DR from Jan, 2025 – All-India CPI-IW for the month of Sep, 2024 issued by Labour Bureau on 04.11.2024 for Central Government employees and pensioners

Expected DA/DR from Jan, 2025 – All-India CPI-IW for the month of Sep, 2024 issued by Labour Bureau on 04.11.2024

The All-India CPI-IW for September 2024 recorded an increase of 0.7 points, reaching 143.3 (one hundred forty-three point three). This notable rise in the CPI-IW suggests a significant impact on the anticipated Dearness Allowance (DA)/Dearness Relief (DR) for Central Government employees and pensioners, effective from January 2025. The precise DA/DR rate will be determined upon the release of the CPI-IW figures for the remaining three months.

Based on the current increase, the expected DA/DR from January 2025 is projected to be approximately 56%. Any further positive change in the CPI-IW Index over the next two months may confirm this rate; otherwise, it is likely to remain at 55%.

The DA/DR from Jan, 2025 table is as follows:-

Expected DA/DR from Jan, 2025 on issue of All-India CPI-IW for Sep, 2024

Expected DA/DR table by Staffnews.in

Increase/
Decrease
Index
MonthBase
Year
2016
=100
Base
Year
2001
= 100
Total
of 12
Months
Twelve
monthly
Average
% increase
over
115.76 for
6th CPC DA
% increase
over
261.42
for
7th CPC DA
6th CPC
DA
announced
or will be
announced
7th CPC
DA
announced
or will be
announced
Existing DA/DR from Jul, 2024246%53%
1.3Jul,24142.74114820401.67246.98%53.65%
-0.1Aug,24142.64114830402.50247.70%53.97%
0.7Sep,24143.34134847403.92248.93%54.51%
0Oct,24143.34134861405.08249.93%54.95%Expected
0Nov,24143.34134873406.08250.80%55.34%Expected
0Dec,24143.34134886407.17251.73%55.75%Expected
Expected DA/DR from Jan, 2025251%55%

Previous: Expected DA/DR from Jan, 2025 – All-India CPI-IW for the month of Aug, 2024

विजय दिवस की हार्दिक शुभकामनाए






PIB::प्रधानमंत्री श्री नरेन्द्र मोदी ने संविधान अपनाने की 75वीं वर्षगांठ के अवसर पर विशेष चर्चा के दौरान लोकसभा को संबोधित कियाभारत लोकतंत्र की जननी है: प्रधानमंत्री

प्रधानमंत्री श्री नरेन्द्र मोदी ने संविधान अपनाने की 75वीं वर्षगांठ के अवसर पर विशेष चर्चा के दौरान लोकसभा को संबोधित कियाभारत लोकतंत्र की जननी है: प्रधानमंत्री     https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2084633&RegID=3&LID=2


PIB::Prime Minister Shri Narendra Modi addresses Lok Sabha during special discussion on 75th anniversary of adoption of Constitution India is the Mother of Democrac

Prime Minister Shri Narendra Modi  addresses Lok Sabha during special discussion on 75th anniversary of adoption of Constitution India is the Mother of Democrac     https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2084527&RegID=3&LID=1


Sunday, 15 December 2024

PENSION UPDATION

LIC pensioners constitute hardly 10% of Bank pensioners.
If Bank pensioners get upgradation, it will easily happen for LIC pensioners. But the Government is avoiding upgradation for LIC pensioners to not create ripple effects on Banks which will entail a huge financial burden.

C H MAHADEVAN 

Saturday, 14 December 2024

STATISTICS OF LIC PENSIONERS AS AT 31.03.2024

As per latest figures obtained under RTI by me, the figures are as follows as at 31/3/2024:
Number of retirees: 54032
Number of family pensioners: 25311
Total Number of Pensioners: 79343
Percentage of family pensioners to total: 31.9%
Total Pension Fund as at 31/3/2024 : Rs 122561.60 cr.

C H Mahadevan 

PENSIONERS STATISTICS OF LIC,SBI & PSU BANKS AS AT 31.03.2023/31.03.2024

PENSIONERS STATISTICS OF LIC,SBI & PSU BANKS AS AT 31.03.2023/31.03.2024

https://drive.google.com/file/d/18BhPALga4SKa4nbW9z0brAwpg6-qOQN6/view?usp=drivesdk

Your circular ref AI/2426/comm/06 dt 10th December 2024- Need for amendment of LIC Pension Rules 1995 for timely payment of pension

Dear Mr Rajkumar,
I refer to your letter ref AI/2426/comm/06 dt 10 th December 2024 addressed to Executive Director(Personnel).
You have rightly stressed on the timely payment of pension to pensioners .
Rule 54 of LIC Pension Rules 1995 reads as follows:

"Manner of payment of pension- A pension admissible under these rules shall be paid on or after the first day  of the following month."
There is no reason for  the words 'or after' to have been added.These words need to be deleted by an amendment of the Pension Rules  by a Government Notification. This  also should be taken up with ED(P).

Kind regards. 
C H Mahadevan
Executive Director(LIC)(Retd)
Vice President ,Retired LIC Class I Officers' Association,  Hyderabad

To 
Mr S Rajkumar,
General Secretary, 
Federation of LIC Class I Officers Associations.,
Mumbai

Letter to ED(P) by Federation of LIC Class-I Officers Association

Letter to ED(P) by Federation of LIC Class-I Officers Association
https://drive.google.com/file/d/182VJ7tDJ60G8SI8L9GOg0cqqxb-Zu3Si/view?usp=drivesdk

Friday, 13 December 2024

LIC Pension Fund I & E Statement for 2023-24

I attach the Statements after correcting the Balance Sheet item on the opening balance  of the Pension Fund date as 1/4/2023.

C H Mahadevan

Click below:-

CLASS WISE DISTRIBUTION OF PENSIONERS AS AT 31/3/2024 AS PER RTI INFORMATION OBTAINED FROM LIC

CLASS WISE DISTRIBUTION OF PENSIONERS AS AT 31/3/2024 AS PER RTI INFORMATION OBTAINED FROM LIC.
C H Mahadevan

CLASS WISE BREAK UP OF PENSIONERS AS AT 31/3/2024
 

CLASS Retiree Pensioners Family.        Total                          Pensioners       Class 
I 6684     20371 27055                                                     
Class II 8906 3141 12047
Class III 23730 13414 37144
Class IV 1025 2072 3097
Total 54032 25311 79343

PERCENTAGE OF BREAK UP -CLASS WISE
CLASS Retiree Pensioners Family Pensioners Total
Class I 37.7 26.4 34.1
Class II 16.5 12.4 15.2
Class III 43.9 53.0 46.8
Class IV 1.9 8.2 3.9
Total 100.0 100.0 100.0

PERCENTAGE OF BREAK UP -BETWEEN RETIREES & FAMILY PENSIONERS
CLASS Retiree Pensioners Family Pensioners Total
Class I 75.3 24.7 100.0
Class II 73.9 26.1 100.0
Class III 63.9 36.1 100.0
Class IV 33.1 66.9 100.0
Total 68.1 31.9 100.0


PENSION OPTEES IN SERVICE AS AT 31/3/2024

Class Number of Pension optees in service % of Pension optees in the Class to total Total Beneficiaries including pensioners Class- Wise Percentage
Class I 26936 39.3 53991 36.5
Class II 10818 15.8 22865 15.5
Class III 30078 43.9 67222 45.5
Class IV 668 1.0 3765 2.5
Total 68500 100 147843 100.0


Indications:
Highest proportion of pensioners are from Class III cadres (46.8%) followed by Class I (34.1), Class II(15.2%) and Class IV(3.9%)
In Class III & Class IV percentage of family pensioners is higher than retiree pensioners.
Class IV family pensioners are double the Class IV retirees perhaps due to the fact that there was no recruitment of Class IV   for a long time.
Largest number of beneficiaries in the event of upgradation of pension will be Class III pensioners followed by ClassI pensioners.
Taking into account the pension optees in service, the largest percentage of beneficiaries on upgradation of pension will be Class III (45.5%) followed by Class I (36.5%)