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Tuesday, 7 December 2021

Some Important Issues......

FEDERATION OF RETIRED LIC CLASS I OFFICERS' ASSOCIATIONS        

Acting President :     P.P.Dhamija

R-6/104, Raj Nagar,

GHAZIABAD – 201002.

Tel: 0120-4107104 / 9810186067

Email Id – premdhamija38@gmail.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/79                                          07-12-2021

Dear Friends,

Reg:

Honestly speaking, there has been no substantive progress on our important matters, including Family Pension, where even around Diwali, ie., the first week of November, the Notification meant for us was reportedly with the Language Dept. for translation to Hindi… Now it is over a month, and still it has not seen the light of day. However, I reckon, we have no reasons for despair, as all Governmental matters go through such vicissitudes depending upon what is 'Urgent' in their circles.

What is heartening to observe is the manner in which the Retired Bank Employees' Federation has been knocking at the doors of power relentlessly, on the Pension Revision matter, causing some ripples, if not waves. Yes, they even managed to raise a question in the Lok Sabha through a Calling Attention Notice, where the MP's question is worded in an interesting manner. (Reproduced here).

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Bank Pensioners have also gone up to the Supreme Court in an SLP on the Pension Up-gradation matter. When their Case came up on 29-11-2021 before the SC Bench, the IBA and the Government Representative requested for some more time, as they were yet to receive updates from the Committee appointed to go into the matter. (Text Reproduced here).

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The other information regarding likelihood of our Dearness Relief going up is that there could be an increase of at least 30 slabs for employees in service from Dec 2021 and 67 slabs for Retired employees with effect from 1-2-22. (Actual Text of info reproduced here).

*DA news FLASH*     *Circulated for LIC*   

*CPI  for July 2021 - 122.8*      *CPI  for Aug 2021 - 123.0*    *CPI for Sept 2021 - 123.3*

 

*(The average of  last quarter July to Sept 2021 was 8088 (8105.57 for Sept 2021)*

 

*CPI for Oct 2021   - 124.9* / *CPI for Nov 2021  - 000.0*  / *CPI for Dec 2021  - 000.0*

 

*(The average AICPI of last two quarters*

 

 *April to June 2021 - 7940*  /   *July to   Sept 2021 -  8088* /  *Oct to Dec 2021     - 0000*

 

*LIC/GIC/BANKS EMPLOYEES ARE ENTITLED FOR 37 DR SLABS WEF 01.11.2021 AT AICPI-IW 8088.*

 

 *If it remains the same for Nov 2021 and Dec 2021, there will be increase of 30 slabs for employees and 67 slabs for retired employees wef 01.02.2022*

 

Incidentally, we from the Federation addressed letters to our LIC ED (P), and another one to the Chairman CBDT on Family Pension Improvement for Pre-1986 retirees . Both speak for the matters in question and need no further expatiation.  Also enclosed is the circular from CO regarding the premium for Group Insurance for in-service as well as  retirees. ( All three Letters are Reproduced as Attachments.)

The AGMs of Trissur (10-12-2021) and Ernakulam (11-12-2021) Associations are planned out and I am likely to be attending both. Chennai too would soon follow suit, it is expected. The Odisha Assn. AGM  was conducted in the on-line mode on 21-11-2021, and I had the privilege of being an invitee there. It was very well conducted with Muting and Unmuting being systematically done by members so that only one person was talking at a time. It was held for about 2 hours and went off very impressively with very little technical glitches. More, as they come in ….

With Greetings and Best Wishes to all 

D.Krishnan

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