LIC Suffered No Loss, Gained More Business: Rajasthan HC Quashes Recovery Order Against Officer For Not Reporting Agent In Govt Service

LIC Suffered No Loss, Gained More Business: Rajasthan HC Quashes Recovery Order Against Officer For Not Reporting Agent In Govt Service

https://www.livelaw.in/high-court/rajasthan-high-court/rajasthan-high-court-order-lic-unauthorized-agent-and-recovery-against-development-officer-281207

AIIEA Delegation Meets LIC Management

 ALL INDIA INSURANCE EMPLOYEES’ ASSOCIATION

Cir. No. 03/2025

January 15, 2025

To, All the Zonal/Divisional/State/Regional Units

Dear Comrades,

A delegation of AIIEA consisting of Comrades Shreekant Mishra, General Secretary; H.I. Bhatt and Dharmaraj Mohapatra, Joint Secretaries and B.S. Ravi, Treasurer met Sri Satpal Bhanoo, Managing Director, LIC in the presence of Sri Anirban Sarkar, Executive Director, (Personnel) at Central Office, Mumbai, yesterday i.e. 14th January 2025. In the discussion spanning over two hours, a range of issues pertaining to the employees and the institution came up for discussion.

8th Pay Commission for central government employees approved by Cabinet

8th Pay Commission for central government employees approved by Cabinet

8th Pay Commission: The decision to set up the 8th Pay Commission was taken at a meeting of the Cabinet chaired by Prime Minister Narendra Modi.

8th Pay Commission: The Union Cabinet on Thursday approved to set up 8th Pay Commission to revise salaries of central government employees and allowances of pensioners.

8th Pay Commission: The chairman and two members of the Commission will be appointed soon.(Reuters)

The decision to set up the 8th Pay Commission was taken at a meeting of the Cabinet chaired by Prime Minister Narendra Modi, Union minister Ashwini Vaishnaw said.

The minister informed that the chairman and two members of the Commission will be appointed soon.

Consultations will also be held with central and state governments and other stakeholders, the minister added.

Courtesy: M. Arunachalam

Digital copy of Yogakshema magazine January, 2025

महोदय/ महोदया,

हम जनवरी  2025  की डिजिटल  प्रति प्रेषित कर रहे है। कृपया प्राप्ति स्वीकार करें ।

योगक्षेमा डेस्क

केंद्रीय कार्यालय, मुम्बई

https://drive.google.com/file/d/1MV431HXdiCK19b2JmV1GHDnEQRY9m-_U/view?usp=drivesdk

.

Pongal

 Pongal, which is celebrated in countries such as India, marks the start of sun’s six-month long journey northwards (Uttarayana). This observance occurs annually around January 14 each year. Hindus consider the date as auspicious and mark this as the beginning of sun’s movement towards the zodiac Capricorn (Makarm Rashi).

🙏महाकुंभ के अमृत स्नान के पर्व मकर संक्रांति की हार्दिक शुभकामनाएं 🙏

🙏महाकुंभ के अमृत स्नान के पर्व मकर संक्रांति की हार्दिक शुभकामनाएं 🙏

Complaint against MDIndia TPA

 Respected RIEA Members 

Happy Evening & Happy Pongal in advance. 

*Today Myself & Mr.D.Thalakkiah Sir, Met Esteemed Zonal Manager Sir  & Handed Over One More  Memorandum Regarding MD INDIA TPA.

Respected Sir, he has immediately called His Secretary & and asked, "What about Previous Memorandum Submitted By RIEA CHENNAI on 28.10.2024 & 5.12.2024 with Proofs?"

She/He Told That "Already it has been sent to MD & ED  Looking After OS Department at Central Office & Some Cases MD India Has Reconsider it, & Paid 80 % TO 90 %  Amount Which Was First Disallowed.

PRESIDENT’S GREETINGS ON THE EVE OF LOHRI, MAKAR SANKRANTI, PONGAL AND MAGH BIHU

PRESIDENT'S GREETINGS ON THE EVE OF LOHRI, MAKAR SANKRANTI, PONGAL AND MAGH BIHU     https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2092272&RegID=3&LID=1

WISHING YOU ALL A HAPPY LOHRI

Punjabi Festival Lohri 2025 kee aap Sabhi ko Hardik Badhai  Jai Hind VANDE MATRAM.

 R K SAHNI 

Respectful Tributes to Swami Vivekananda on his 163rd Birthday (12th January,1863-4th July,1902).

🚩Respectful Tributes to Swami Vivekananda on his 163rd Birthday

(12th January,1863-4th July,1902). 

National Youth Day-12th January

✍️Salute to Swami Vivekananda,who stirred Conscience of our Country.His birthday is being celebrated as National Youth Day

Let us emulate his ideals....

His famous quotes

📣"Arise,Awake stop not,till your goal is reached" had inspired millions of People...

📢I am proud to belong to a religion which has taught the world both tolerance and universal acceptance. We believe not only in universal toleration, but we accept all religions as true. I am proud to belong to a nation which has sheltered the persecuted and the refugees of all religions and all nations of the earth.

-Swami Vivekananda In his inaugural speech at Chicago on September 11, 1893,

राष्ट्रीय युवा दिवस 12 जनवरी 2025

Aq

Yahoo Mail: Search, organise, conquer

विश्व हिंदी दिवस की हार्दिक शुभकामनाएं

Reverse Remedy

Courtesy : C H MAHADEVAN 

GIST OF TALKS WITH MD SrI SAT PAL BHANOO

I refer to para iv of your message as follows:

"iv)LIC has to honour the KERALA HIGH COURT Judgement as per which CO issued the Circular for Class I Officers retired between 1/8/1992 to 31/3 1993 to allow 1 increment & pay Arrears ..........."

I presume that you  are referring to the judgment of Kerala HC judgment dated 7/2/2024. The judgment only  directed LIC to notionally fix the basic pay as per the scales effective from 1/8/1992 as per wage revision notified on 18/7/1996 and refix the pension and pay arrears from 1/11/1993.There is no mention of allowing one increment in the judgment and I am not aware of the CO Circular issued allowing one increment to Class I retirees from 1/8/1992 to 31/3/1993.

If you have a copy of the CO Circular,  I shall thank you to send the same.

When I calculated revised pension in some cases in the category of retirees/pensioners, I found that the officers who retired on 31/8/1992 and 30/9/1992 actually suffered  reduction in gross pension even upto the latest date due to the average emoluments being very low due to 8 and nine months of basic pay having been reckoned at pre-revision scales despite addition of DA for pre- revision period.So for these two dates of retirement, there would be recoveries if Kerala HC judgment is applied literally.

Besides, even though some difference of Commutation value of one-third basic pension on account of revision was also payable, because of the recoveries for 15 years from October 1995, the amount recoverable   also exceeded the amount payable in all cases even for officers who retired from October 1992 to March 1993 for the reason that the  interest was not added in calculations of difference in Commutation value.The Kerala HC judgment was silent on this as it was an actuarial issue not obvious to the Court.

LIC also took advantage of this and denied arrears to many retirees and paid lower amount of arrears to many others out  of 325+ retirees, many of whom had died.

All this  boils down to the inevitability of upgradation of pension with every wage revision.Once it is done, difference in Commutation value of pension becomesirrelevant and the arrears of pension upto the latest  period with latest revised pension as per 1/8/2022 scales will more than offset the loss suffered  by the retirees.Already the retirees surviving in this category  are aged 89 to 91.

As on date it is not clear how many out of the 325+ pensioners have been paid arrears as per the Kerala HC judgment. 

C H Mahadevan 

Should Judges Have Fixed Pension & Uniform Pay Conditions Across All States? Should NPS Apply? Supreme Court Hears Issue

Should Judges Have Fixed Pension & Uniform Pay Conditions Across All States? Should NPS Apply? Supreme Court Hears Issue

Click below :-

https://www.livelaw.in/top-stories/should-judges-have-fixed-pension-uniform-pay-conditions-across-all-states-should-nps-apply-supreme-court-hears-issue-280367

GIST OF TALKS WITH MD SrI SAT PAL BHANOO 1)As I could not get

DEAR ALL,   

GIST OF TALKS WITH MD SrI SAT PAL BHANOO

1)As I could not get LL of CEO/MD & LL of MD Sri SatPal Bhanoo, I rang up MD on his MNo & lo,4th ring itself,he took the phone,wished me & after my reciprocating New Year Greetings wish,I commenced our talk. i)I narrated his help & empathy for Pensioners 3 months before when I approached him to accord Special sanction to allow Family Pensioners to avail Group mediclaim,as August 2024,September & October did not get enough response & as still there was time for FP to pay premium thro Pension deduction even allowing November Premium payment on 1st December 2024, there should not be any hesitation for LIC to accord Extension by 1 month within time limit stipulated,MD told me it looks ok but he will ask EDPer & ED OS to discuss & that day itself ,they will revert to me.I rang up ED Per & ChiefOS,in the absence of ED OS,clarifying few points they raised & satisfied,they took Approval from MD & next day itself,CO Circular came .He said he felt all was ok in extending  time for a genuine cause within prescribed last date & he only did his duty ,I told MD ,No Sir,normal NO,he realistically decided & said that ALL INDIA FPs will derive full benefit intended,that was great

  ii) I appealed to MD  that if he considers my presentation in similar Holistic Perspective,I shall feel obliged to him ,as these are genuine Grievances pending for a long time &  such delay many times is denial,which can be avoided by enlightened Management.  Agerelated,value added Basic Pension increase,even in Feb 2024 & again 8/2024 talks with 4Pensioners Fedns,this was stated to have had a nod from Govt & so NOW atleast the final CIrcular can be issued to benefit such Aged SuperSr Pensioners who all along are longing to derive this benefit  eluding them.Basic pension rise by 20%,30,40,50 & 100%at ages 80,85,90,95 & 100% will give them some mental peace,as CGovt Pensioners got long time before & enjoying.