Regn No.PN 4769 (Regd under The Trade Unions Act, 1926)
(Affiliated to Bharateeya Mazdoor Sangh)
BMS Office, Vishwakarma Bhavan, 185, Shaniwar Peth, Pune 411030
President: Prabir Kumar Mazumder Mob No: 9330337430 Prabir.majumdar@gmail.com Working President: Arvind Mittimani Mob No: 9868878667 arvindmittimani@gmail.com
General Secretary: Rajiv Kumar Sharma Mob No: 9811902770
rajivkumarsharma1558@gmail.com
Date: 15th December 2025
The Jt.Secretary (DFS),
Dept of Finance, GOI,
Jeevan Deep Building,
Parliament Street, NEW DELHI.
Dear Sir,
Sub: Pending pension related issues of LIC pensioners
This is further to our several letters written to DFS regarding the captioned matter.
The pending issues are reiterated here below in a nutshell.
We appeal to you to bestow your kind attention to resolve the same since they are pending approval for a long time.
- 1)Updation of pension with every wage revision- OROP
- 2)One more pension option to the left-over ex-servicemen and directly recruited superintending/Executive engineers (whose number is less than 100 in total). When Modiji has done a lot of good things to the Ex-Servicemen including grant of OROP, why a handful of ex-servicemen in LIC are denied the pension option, is not understandable.
- 3)Increased pension to 80+ seniors.
- 4)Double the family pension up to age 67 in case pensioner dies before age 67.
- 5)Computation of pension at 50% of last pay drawn or 50% of last 10 months' average pay, whichever is favourable to the retiree.
- 6)Full pension for service of 20 years or more.
- 7)One more pension option to those PF optees, who have resigned and had put in more than 20 years of service. (Resigned due to domestic/health issues, mostly ladies)- Recently given to Bank retirees by IBA through bilateral agreement with UFBU.
- 8)100% DR neutralization for pre 8/1997 retirees- Recently given to Bank retirees by IBA through bilateral agreement with UFBU for those retirees retired prior to 11/2002.
We learn that item numbers 2,3,4 & 5 have been recommended to you by LICyou're your kind approval.
With thanks and regards,
Yours Sincerely,
General Secretary