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Thursday 30 April 2015

Need for increasing Minimum Pension for LIC Pensioners

To
Chairman,
L I C of India,
Mumbai

Dear Sir,
Arising out of the reports in the media that the Government of India has decided to increase the minimum pension to Rs 1000/-p.m., kindly consider increasing the minimum pension( for both regular pensioners and family pensioners)keeping in view the same rationale adopted by the Government.
It is worthwhile to recall at this juncture that the RBI in 2012 not only revised the family pension upwards, but also increased the minimum family pension to Rs 3500/-p.m.
Thanking you in anticipation for an early and positive decision in the matter,
Yours faithfully,
C H Mahadevan
Executive Director(Retd)(LIC)
Camp:Dallas(Texas),USA

cc to Smt Usha Sangwan, MD,LIC of India,
cc to ED(Personnel),LIC of India,
cc to Secretary(Financial Services),Government of India
cc to Director(Insurance),Dept of Financial Services, Government of India