LIC GROUP MEDICLAIM SCHEME GUIDE

LIC GROUP MEDICLAIM SCHEME GUIDE 


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Saturday, 14 December 2024

STATISTICS OF LIC PENSIONERS AS AT 31.03.2024

As per latest figures obtained under RTI by me, the figures are as follows as at 31/3/2024:
Number of retirees: 54032
Number of family pensioners: 25311
Total Number of Pensioners: 79343
Percentage of family pensioners to total: 31.9%
Total Pension Fund as at 31/3/2024 : Rs 122561.60 cr.

C H Mahadevan 

PENSIONERS STATISTICS OF LIC,SBI & PSU BANKS AS AT 31.03.2023/31.03.2024

PENSIONERS STATISTICS OF LIC,SBI & PSU BANKS AS AT 31.03.2023/31.03.2024

https://drive.google.com/file/d/18BhPALga4SKa4nbW9z0brAwpg6-qOQN6/view?usp=drivesdk

Your circular ref AI/2426/comm/06 dt 10th December 2024- Need for amendment of LIC Pension Rules 1995 for timely payment of pension

Dear Mr Rajkumar,
I refer to your letter ref AI/2426/comm/06 dt 10 th December 2024 addressed to Executive Director(Personnel).
You have rightly stressed on the timely payment of pension to pensioners .
Rule 54 of LIC Pension Rules 1995 reads as follows:

"Manner of payment of pension- A pension admissible under these rules shall be paid on or after the first day  of the following month."
There is no reason for  the words 'or after' to have been added.These words need to be deleted by an amendment of the Pension Rules  by a Government Notification. This  also should be taken up with ED(P).

Kind regards. 
C H Mahadevan
Executive Director(LIC)(Retd)
Vice President ,Retired LIC Class I Officers' Association,  Hyderabad

To 
Mr S Rajkumar,
General Secretary, 
Federation of LIC Class I Officers Associations.,
Mumbai

Letter to ED(P) by Federation of LIC Class-I Officers Association

Letter to ED(P) by Federation of LIC Class-I Officers Association
https://drive.google.com/file/d/182VJ7tDJ60G8SI8L9GOg0cqqxb-Zu3Si/view?usp=drivesdk

Friday, 13 December 2024

LIC Pension Fund I & E Statement for 2023-24

I attach the Statements after correcting the Balance Sheet item on the opening balance  of the Pension Fund date as 1/4/2023.

C H Mahadevan

Click below:-

CLASS WISE DISTRIBUTION OF PENSIONERS AS AT 31/3/2024 AS PER RTI INFORMATION OBTAINED FROM LIC

CLASS WISE DISTRIBUTION OF PENSIONERS AS AT 31/3/2024 AS PER RTI INFORMATION OBTAINED FROM LIC.
C H Mahadevan

CLASS WISE BREAK UP OF PENSIONERS AS AT 31/3/2024
 

CLASS Retiree Pensioners Family.        Total                          Pensioners       Class 
I 6684     20371 27055                                                     
Class II 8906 3141 12047
Class III 23730 13414 37144
Class IV 1025 2072 3097
Total 54032 25311 79343

PERCENTAGE OF BREAK UP -CLASS WISE
CLASS Retiree Pensioners Family Pensioners Total
Class I 37.7 26.4 34.1
Class II 16.5 12.4 15.2
Class III 43.9 53.0 46.8
Class IV 1.9 8.2 3.9
Total 100.0 100.0 100.0

PERCENTAGE OF BREAK UP -BETWEEN RETIREES & FAMILY PENSIONERS
CLASS Retiree Pensioners Family Pensioners Total
Class I 75.3 24.7 100.0
Class II 73.9 26.1 100.0
Class III 63.9 36.1 100.0
Class IV 33.1 66.9 100.0
Total 68.1 31.9 100.0


PENSION OPTEES IN SERVICE AS AT 31/3/2024

Class Number of Pension optees in service % of Pension optees in the Class to total Total Beneficiaries including pensioners Class- Wise Percentage
Class I 26936 39.3 53991 36.5
Class II 10818 15.8 22865 15.5
Class III 30078 43.9 67222 45.5
Class IV 668 1.0 3765 2.5
Total 68500 100 147843 100.0


Indications:
Highest proportion of pensioners are from Class III cadres (46.8%) followed by Class I (34.1), Class II(15.2%) and Class IV(3.9%)
In Class III & Class IV percentage of family pensioners is higher than retiree pensioners.
Class IV family pensioners are double the Class IV retirees perhaps due to the fact that there was no recruitment of Class IV   for a long time.
Largest number of beneficiaries in the event of upgradation of pension will be Class III pensioners followed by ClassI pensioners.
Taking into account the pension optees in service, the largest percentage of beneficiaries on upgradation of pension will be Class III (45.5%) followed by Class I (36.5%)
 

Wednesday, 11 December 2024

No such proposal is under consideration even more than 10 years of constitution of 7th CPC

Seventh Pay CommissionFin Min Order

Constitution of 8th Central Pay Commission (CPC) आठवें केन्द्रीय वेतन आयोग (सीपीसी) का गठन – No such proposal is under consideration even more than 10 years of constitution of 7th CPC

Constitution of 8th Central Pay Commission (CPC) आठवें केन्द्रीय वेतन आयोग (सीपीसी) का गठन – No such proposal is under consideration even more than 10 years of constitution of 7th CPC and ignoring the unprecedented price rise/cost of living and plights of employees after

GOVERNMENT OF INDIA
MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE

LOK SABHA

UNSTARRED QUESTION No. 2186
TO BE ANSWERED ON MONDAY, DECEMBER 9, 2024 AGRAHAYANA 18, 1946 (SAKA)

"Constitution of 8th Central Pay Commission (CPC)"

2186: SHRI JAi PRAKASH
SHRI ANAND BHADAURIA
SHRI VE VAITHILINGAM

Will the Minister of FINANCE

(a) whether 7th Central Pay Commission (CPC) for Central Government employees was constituted in February, 2013 ;

(b) if so, the reasons for not constituting 8th CPC so far, even after more than 10 years of Constitution of 7th CPC and ignoring the unprecedented price rise/cost of living and plights of employees;

(c) whether the Government is aware of resentment among Central Government employees for not constituting the 8th CPC and if so, the response of the Government thereto ;

(d) whether the Government is considering Constitution of 8th Central Pay Commission for Central Government employees, armed forces, etc.; and

(e) if so, the time by which it is announced?

ANSWER

MINISTER OF STATE IN THE MINISTRY OF FINANCE

(SHRI PANKAJ CHAUDHARY)

(a): No, sir. The 7th Central Pay Commission was constituted on 28th February, 2014.

(b) to (d): No such proposal is under consideration with the Government for constitution of Eighth Central Pay Commission for the Central Government employees, at present.

(e): Does not arise.

****

8th-cpc-09-12-2024

Tuesday, 10 December 2024

Individuals Need Not File Separate Cases For Relief Granted To Others In Similar Cases Against Govt: Supreme Court

Individuals Need Not File Separate Cases For Relief Granted To Others In Similar Cases Against Govt: Supreme Court

https://www.livelaw.in/supreme-court/individuals-need-not-file-separate-cases-for-relief-granted-to-others-in-similar-cases-against-govt-supreme-court-277824


Huge Pendency Of After-Notice Matters; Regular Matters Will Be Listed In January: CJI Sanjiv Khanna

Huge Pendency Of After-Notice Matters; Regular Matters Will Be Listed In January: CJI Sanjiv Khanna

https://www.livelaw.in/top-stories/huge-pendency-of-after-notice-matters-regular-matters-will-be-listed-in-january-cji-sanjiv-khanna-277830


News Flash from NOIP (BMS)

Today myself along with Shri Arvind Mittimani ji went to DFS, Jeevan Deep Bldg New Delhi, for having update on our pending issues.

  • It's learnt that parliament session is going on and it will not be possible to get time from any senior officer.
  • We decided to take a chance for having the latest updates on our issues from DFS and sought an appointment with concerned Joint Director.
  • As the luck would have it, we were able to see Jt Director DFS, Insurance wing at about 3.40 PM.
  • While interacting, it was learnt that four of our issues could see the light of day in near future itself: -
    • 1
      OMOP to left-over ex-servicemen, engineers and resigned employees.
    • 2
      Increased pension to 80+ pensioners.
    • 3
      50% of last drawn pay as pension, if it is favourable to pensioner.
    • 4
      Double the family pension up to 67 yrs of age instead of 65 yrs age of deceased pensioner retiree.
  • In fact we were told that financial feasibility has been assessed in point no 4, which is around 1 crore+.

As such it was sufficient to deduce that homework as to financial impact, has already been undertaken by DFS.

  • It was further learnt that the benefits already extended to Banking sector, are also under active consideration for LIC pensioners.
  • Pension updation issue is being vetted at DFS post one to one meeting of our GS with FM in the presence of Secretary DFS, which provides hope of just & rightful resolution in line with our aspirations. But frequent follow-up meetings by NOIP-BMS with the Secretary, Joint Secretary, are the need of the hour.
  • The accommodation to meet Joint Director and Under Secretary, despite their preoccupation with parliamentary supplements during on-going session of Parliament, witnesses the goodwill earned by NOIP in parlance.
  • We thanked them for giving time despite preoccupation

Rajiv Kumar Sharma,

CCM, Delhi

28-11-2024

CA No. 3466 of 2024 [SLP (C) No. 209292 of 2017] AIRIEF Vs. LIC

                        CA No. 3466 of 2024 [SLP (C) No. 209292 of 2017] AIRIEF Vs. LIC

On 20/02/2024, when our SLPs were taken up by the bench of Hon'ble Justice Suryakant and Hon'ble co-judge, our Sr. Advocate, Shri Nidhesh Gupta, pleaded for early hearing. The Bench considered the submission and after some discussions directed to grant leave and admit the appeal and also fix the date of next hearing on 24/04/2024. This was done to ensure early final disposal of the case. Our cases were listed on 24/4/2024, but could not be taken up because of the judges were engaged in the Constitutional Bench. Our cases were listed on 25/4/2024, 1/5/2024 and 2/5/2024. This gave an impression that the CAs would be heard and decided soon. However, our CAs stopped appearing in the cause lists and even the status at SC website was not showing any date of hearing. Written Mention was submitted followed by the oral mention and on 24/07/2024, the Bench directed to list the case on 11/12/2024. It was a long gap but the anxious super senior pensioners kept waiting patiently. 

After taking over the charge by the Chief Justice of India, Hon'ble Sanjiv Khanna, Supreme Court decided to change the system of listing of the cases vide SC order dated 17/11/2024 earmarking Tuesday and Thursday for Miscellaneous Cases and Monday and Friday for the Regular Cases. Now, it is learnt that since, SC's focus is on 'after notice' cases, the CAs are not being taken up for hearing. For last three weeks, regular cases are not listed on any Day. The present scenario has shocked us. Out of 74600 pensioners (50300 Regular and 24300 Family Pensioners), 30,000 are above the age of 70 years, who, irrespective of the cadre, are getting very low pension and facing more financial crisis with increased health issues. They are the persons keenly interested in the court case and despite meagre pension, contributing for the most share of the legal fund. Uncertainty and eternal waiting have created a strong sense of despair among them.

Making 'oral mention' by the senior advocates and also 'written mention' to the CJI have not yielded any results. Under the circumstances, we have requested our senior advocate vide our email dated 5/12/2024 to guide and provide us his brilliant counsel to overcome this impasse.

For the time being we are left with no alternative except to wait. 

M P Agnihotri.


IMPORTANT NEWS ABOUT FRAUD

IMPORTANT NEWS ABOUT FRAUD

Monday, 9 December 2024

No Hesitation In Saying This Country Will Function As Per Wishes Of Majority; UCC Will Be A Reality Soon: Justice Shekhar Yadav At VHP Event

No Hesitation In Saying This Country Will Function As Per Wishes Of Majority; UCC Will Be A Reality Soon: Justice Shekhar Yadav At VHP Event
https://www.livelaw.in/top-stories/allahabad-high-court-justice-shekhar-kumar-yadav-speech-triple-talaq-halala-uniform-civil-code-277679


Latest status of our case in SC

ALL INDIA INSURANCE PENSIONERS ASSOCIATION THR. ITS PRESIDENTvs.UNION OF INDIA
Case Details :
Diary No.
21826/2017 Filed on 21-07-2017 12:00 AM   [SECTION: XIV-A]
Case No.
C.A. No. 003465 / 2024  Registered on 27-02-2024
SLP(C) No. 019799 - / 2017  Registered on 04-08-2017
(Verified On 04-08-2017)
Present/Last Listed On24-07-2024 [HON'BLE MR. JUSTICE HRISHIKESH ROY and HON'BLE MR. JUSTICE S.V.N. BHATTI]
Status/StagePending - (Final Hearing) List On (Date) (11-12-2024)-Ord dt:24-07-2024
Admitted[ADMITTED ON : 20-02-2024]
Category0601-Service Matters : Retiral benefits

Sunday, 8 December 2024

KURUKSHETRA,,AGREAT LEGAL BATTLE OF INSURANCE,AIRIEF

DEAR ALL,  READ & ENJOY,BOOKLET ,A TREASURE, KURUKSHETRA,GREAT LEGAL BATTLE OF INSURANCE PENSIONERS,AIRIEF ,THE SAVIOUR

CLICK & OPEN THE ATTACHMENT,EPIC BATTLE OPENS UP IN ALL FACETS, IN DEPTH,WONDERFUL TRIBUTES,EXCHANGE OF THOUGHTS, STRENGTHENED THE MORAL FIBRE,THE WILL TO FIGHT TO FINISH, SUCCESS TO CROWN MANY-FACETED CROWNING ENDEAVOURS, REMARKABLE RESILIENCE, PATIENCE & PERSEVERANCE BY OLD,OLDER, OLDEST GROUP OF PENSIONERS & OTHER PENSIONERS TOO ,THEME BEING PENSION UPGRADATION, PENSION REVISION WITH EVERY WAGE REVISION & FULL 100% DR TO PRE -8/1997 PENSIONERS ON PAR WITH POST 8/1997 PENSIONERS & EMPLOYEES . SAGA OF SERVICE & SACRIFICE, 21,500 DEATHS .TRAGEDY TO TURN INTO COMEDY,PRAY FOR THE DAY OF RECKONING & REDEMPTION,SAD SUPREME COURT NOT EXHIBITED FLEXIBILITY SO FAR TO ENSURE HEARING,HOPES AFTER HOPES, PRAYERS AFTER PRAYERS, WILL IT OPEN THE EYES & EARS OF THE APEX COURT ATLAST TO REGAIN CREDIBILITY, TIME TO TELL, FOR WHOM THE BELL TOLLS :  RBKISHORE


RB Kishore,
PATRON,AIRIEF,
ED(Retd),LIC