LIC GROUP MEDICLAIM SCHEME GUIDE

LIC GROUP MEDICLAIM SCHEME GUIDE 


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Wednesday, 29 November 2023

Salient conditions for one more option for Joining Group Mediclaim Scheme.

As per item 12 of  post published in the blog, the superannuated retiree who is not a pension optee has to make a lump sum payment of the premium before 31/3/2024.Ironically  retirees  covered by LIC Pension Rules 1995 having duly exercised the option  for pension ,but retired voluntarily have been  declared disentitled to exercise the option to join the Mediclaim Scheme.In fact the superannuated  employees who are not pension optees cease to be employees after their retirement. Is it not a major contradiction in  the CO Circular dated 1/9/2023 reflecting  gross injustice to voluntarily retired employees through blatant discrimination? 
C H Mahadevan  

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