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Friday, 13 October 2017

Pension Credit to LIC Pensioners on last working day of each Month

Dear Editor,

A view has been put  up on your blog by our friend Sh KML Asthana that in case any LIC Pensioner or family pensioner dies on last working day how LIC will make pension recoveries and hence this idea is not workable according to him

But let me draw kind attention of all concerned to below mentioned  points on this specific issue 
1  LIC Pension rules are based on central Govt Pension rules only.
And then how centre as well as All State Govts including central /state public sector undertakings are releasing pension to their pensioners on last working day or  even  much before last working day in a few cases.
2 Even New India Assurance Company a public sector company in General Insurance Sector is releasing pension to its pensioners  on last working day of each month
3  Where There is A Will There is a Way
Fact of matter remains that LIC Pensioners Community remain a badly divided group amongst various LIC Pensioners Organisations and Leaders of these organisations have failed miserably to take up all such issues with top management jointly with all seriousness
And as such all  LIC Pensioners continue to be at  the mercy of  Almight God only
Regards
B R Mehta

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