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Friday, 8 March 2024

Our Representation to Secty(Financial Services)

Dear Sirs,

As known to us, Shri A V Tyagi ji has been making efforts to seek an appointment with the Secretary (Financial Services). However, because of his busy schedule, personal meeting could not be possible. Shri Tyagi ji was in regular contact of the PS of the Secy (Financial Services) and other officials of DFS and was suggested that a reminder may be sent to the Secy (Financial Services). Accordingly, he visited DFS today and submitted our letter on behalf of the Joint Front. He could also meet the Under Secretary Shri Vinod Kumar ji and the Jt Secy (Financial Inclusion) Dr. Prashant Kumar Goyal who is looking after Insurance wing also as additional charge. Shri Tyagi could get the opportunity of discussing all the issues one by one. A communication received from Shri Tyagi ji is given below for favour of information.

"Warm greetings.

Today I visited the DFS and met to Shri Vinod Kumar ji US and with him had the opportunity to to meet Dr Prashant Kumar Goyal IAS JS of Financial Inclusion (FI)to whom additional charge of Insurance assigned . Discussed All major points

  • -1
    Updation of pension
  • -2
    Additional Pension on attaining age 80
  • -3Full pension for 7 yrs or on completion of age 67 yrs of the deceased pensioners
  • -4
    Basic Pension on average emoluments or last drawn basic pay which ever is beneficial of Employees
  • 5- Ex gratia payment to Pensioners who retired earlier.
  • -6
    To consider Apprenticeship period of Dev officers to be added in service period of confirmed Dev officer
  • -7
    to consider payment of terminal benefits all Dos who terminated under Service rules whereas they have no charge of cheating/ forgery/ misconduct etc under section 37 of staff regulations.
  • -8
    wage revision of employees

After submitting our petition to Goyal sahab we discussed all points . Wage revision draft of employees reached in DFS and they make up their mind to allow increase of 17% in the wages.

and it may clear in couple of days. There are some rumours that FM may announce in press conference along with banks revision tomorrow or day after but chances are less.

On my repeated request on items number 2 , 3,4 they may consider if LIC Management will send the request draft to DFS which still not available in DFS.

Item number 5 ex gratia they agreed and it may get clearance.

The issue of Anomalies they are agreed to send lic for consideration.

Items number 7 and 8 they considered as genuine and if lic will referred hopefully may get through.

The main point of Updation not possible along with wage revision but may consider if LIC Management will refer to DFS.

I don't visit DFS with the aim of discussions but only to submit our petition on behalf Joint Forum Of LIC Pensioners but circumstances provided the opportunity and it happened.

I submitted the petition to FMO too.

The atmosphere is tense .

For information please.

With warm regards. A V Tyagi"

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