LIC GROUP MEDICLAIM SCHEME GUIDE

LIC GROUP MEDICLAIM SCHEME GUIDE 


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Tuesday, 13 October 2026

Madras High Court Judgement dated 23.09.2026

 IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 23~09~2026

CORAM

THE HON-BLE MR JUSTICE S. M. SUBRAMANIAM

AND

THE HON-BLE MR.JUSTICE KRISHNASWAMY GOVINDARAJAN

WA No. 2325 of 2026  

CNR:{HCMA010878562026}

AND

CMP NO. 20351 OF 2026


K.Kasinathan

S/o. Gurusamy,

C1 Kala Flats, 28 Rameswaram Road,

T.Nagar, Chennai~17.



..Appellant

Vs

1.Indian Bank

Rep by its Chairman and MD,

254~260, Avvai Shanmugam Sali,

Raoyapettaah, Chennai.

*Important Court Case*

*Important Court Case*

Madras High Court has ordered Indian Bank to provide Pension to Retired Employee Despite Resignation in 1995. Pension was introduced in 1995 and Bank denied pension to employee who retired before the date.
Read full case๐Ÿ‘‡

เคจเคตเคฐाเคค्เคฐि เค•े เคคीเคธเคฐे เคฆिเคจ เค•ी เคนाเคฐ्เคฆिเค• เคถुเคญเค•ाเคฎเคจाเคं


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Monday, 12 October 2026

Supreme Court Bar Association & SCAORA Condemn Calls For CJI Surya Kant's Resignation

Supreme Court Bar Association & SCAORA Condemn Calls For CJI Surya Kant's Resignation

Click below:-
https://www.livelaw.in/top-stories/supreme-court-bar-association-condemns-calls-for-cji-surya-kants-resignation-554318

Courtesy : Live Law

Meeting with CEO LIC at Madurai

The Hon’ble Chairman, CEO and South Zone Manager visited Madurai on 12 October 2026 to inaugurate the newly modernised Madurai Divisional Office.

At the invitation of the Madurai Division, we participated in the inauguration ceremony and had the privilege of welcoming and honouring our esteemed CEO and South Zone ZM.

We requested our CEO  to bestow his kind attenrion to  Ehanced Pension to age 80 and above and cash medical benifits to all retirees.

B Angurajan

Supreme Court Refuses To Stay CBI FIR Against Punjab CM's OSD, Bars Coercive Action

Supreme Court Refuses To Stay CBI FIR Against Punjab CM's OSD, Bars Coercive Action

Click below:-
https://www.livelaw.in/top-stories/supreme-court-refuses-to-stay-cbi-fir-against-punjab-cms-osd-bars-coercive-action-554223


Courtesy : Live Law

Sunday, 11 October 2026

Lawyers' Body Moves Supreme Court; Says Protests Cannot Paralyse Delhi, Impede Lawyers' Livelihood

Lawyers' Body Moves Supreme Court; Says Protests Cannot Paralyse Delhi, Impede Lawyers' Livelihood

Click below:-
https://www.livelaw.in/top-stories/lawyers-body-moves-supreme-court-says-protests-cannot-paralyse-delhi-impede-lawyers-livelihood-554137 Courtesy : Live Law

AIRIEF CIRCULAR NO 005/2026-27 DATED 11th October, 2026

AIRIEF CIRCULAR NO 005/2026-27 DATED 11th October, 2026

Click below:-

https://drive.google.com/file/d/1-tQMFBfvdvoS7SamVtkXu7Kk94woj5Ej/view?usp=drivesdk

เคถाเคฐเคฆीเคฏ เคจเคตเคฐाเคค्เคฐि เค•ी เคนाเคฐ्เคฆिเค• เคถुเคญเค•ाเคฎเคจाเคं



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SHARADIYA NAVARATRI

๐ŸŒน๐ŸŒท๐Ÿ’๐ŸŒน๐ŸŒท๐Ÿ’๐ŸŒน๐ŸŒท๐Ÿ’๐ŸŒน๐ŸŒท๐Ÿ’
GOOD MORNING. 
GREETINGS TO ALL ON THE EVE OF SHARADIYA  NAVARATRI.
MAY GODDESS DURGA SHOWER HER CHOICEST BLESSINGS ON YOU AND ALL YOUR FAMILY MEMBERS. 
๐ŸŒบ☘️๐ŸŒธ๐Ÿ€๐ŸŒป๐ŸŒฑ๐Ÿชท๐ŸŒด๐Ÿ๐ŸŒณ๐ŸŒน๐Ÿชด

PENSIONERS' VOICE AND SOUND TRACK 

Saturday, 10 October 2026

GST on Health Insurance Premium paid by Banks – Passing on Input Tax Credit (ITC) Benefit to employees/retirees *****

To
Sri S C Jain General Secretary

All India Bank Retirees Federation (AIBRF) INDORE.

Dear Sir,

Reg: GST on Health Insurance Premium paid by Banks – Passing on Input Tax Credit (ITC) Benefit to employees/retirees *****

We inform that the Bank Employees and Retirees Health Insurance year commences from 1st November, every year. This year too, Banks have circulated the IBA Group Medical Insurance Policy – 2026-27 with premium rates for Base Policy as well as Top Up Policy for both in-service & retirees separately. It may be observed that the Banks are paying huge amount towards GST at 18% on Health Insurance Premium on behalf of in-service staff and also remitting GST collected from Retirees.

In the recent 57th GST Council Meeting held on 8th October, 2026, under the Chairmanship of Hon’ble Union Mistier of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, it is decided to benefit the employers (banks) to get Input Tax Credit (ITC) on GST paid on employees’ insurance cover.

As such, Banks are going to benefit on the GST paid on Employees Health Insurance policies premium through ITC as per the above news report. We request AIBRF to represent this issue. The said news report is attached to this letter.

We may request the banks to first pay the GST on premium for retired staff, and debit/collect from retirees later, so as to claim ITC. The relief gained through ITC may be passed on to retirees either by way of subsidy/medical allowance or otherwise.

Please examine this issue and address a letter to IBA in this regard.

Thanks & Regards,

Yours sincerely,

(N S N REDDY) GENERAL SECRETARY

Encl.: Press Report on GST & ITC

Press Release Page | Press Information Bureau


GST Council allows employers to get Input Tax Credit on GST paid for employee insurance cover

Currently, an 18 per cent GST is levied on all such group insurance

policies. Almost every organised employer provides cover for its workforce, so the cost of providing the coverage comes down, which should assist the spread of cover and the insurance industry itself, sources added.

The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers on Thursday has allowed employers to get Input Tax Credit on GST paid for employee insurance cover.

Currently, an 18 per cent GST is levied on all such group insurance policies. Under the Goods and Services Tax law, GST is exempt on individuals buying life or health policies for themselves or their family. However, when a business buys life or health cover for its employees, tax is charged on that cover, and until now the business could not claim ITC on it.

“This will make insurance cheaper for every employer to provide”, industry sources said.

***

MEDi BUDDY APP UNDER LIC GROUP MEDICLAIM SCHEME

Dear All LIC Pensioners,

Has anyone in our group tried and utilised the online free medical consultation by using the app Medi Buddy under our Group Mediclaim Scheme?
If so, what is your experience?

V Gopalan,

Thursday, 8 October 2026

AIRIEF CIRCULAR SPECIAL DATED 08..10.2026

 

Please recall that we have been taking up our matters of interest and benefits with the Dept.of Financial Services (DFS) through Shri AV Tyagi. Last week, Shri Tyagi ji met Shri Debashish Prusty, Addl. Secretary, DFS, and apprised him of our matters resting with the Department for a decision. Shri Prusty gave a patient hearing on our submissions that Tyagi ji made. Shri Tyagi ji submitted a memorandum giving the details of our grievances in the Office of the Secretary (DFS) and Shri Vikrant Singh Dy Secretary. The Under Secretary, Shri Abdul Gufran, who deals with the Insurance portfolio directed a Desk official to put up a note to be placed before the Secretary. Our LSG team and Shri Tyagi had met this official in the first week of December last year.

Again on 5th October, Shri Tyagi, with his friend, Shri Arun Maheshwariji, who is also a retired D.O. met Shri Sanjay Lohiya, IAS, Secrerary, DFS, in the latter’s office. Shri Tyagi presented a floral bouquet to Shri Lohiya on behalf of us all. After exchange of the pleasantries, Shri Tyagi made submissions on a few matters, which have been lying with the DFS for a decision. Following matters were discussed with the Secretary (DFS).

  • 1.
    Full pension to Family Pensioner up to age of 67 years of Pensioner or seven years instead of 65 years or seven years in case of death of Pensioner within 7 years of the commencement of pension. He was informed that when this provision came in force the retirement age was 58 years. He appeared to be favorably inclined to consider.
  • 2.
    20% rise in pension on attaining age of 80 years and every 5 years thereafter similar to CCS pension rules. He appeared to be favorably inclined to consider this particular issue also.
  • 3.
    Taking service rendered in the apprenticeship period by Dev. Officers into account for computation of Pension. On this issue, he said that he would speak to the CEO-cum-MD of the Corporation. However, on the issue of Pension to the D.O.’s who could not fulfil norms and hence had been removed from the service, the Secretary said that this issue required a careful examination.
  • 4.
    On pension updation matter, he did not appear opposed but looked sympathetic and desired within next 3 to 4 days, a Note from us detailing financial implications. Shri MP Agnihotriji has compiled the same for submission as desired. He might also seek the cost implications of the revision from the Corporation.

Pa ge |2

Shri Tyagi ji later confirmed that the talks took place in a cordial atmosphere and that the Secretary looked to be positively responding to all our issues. The meeting ended with his words of assurance that he would be speaking to CEO cum MD and calling for requisite details and clarifications.

We should remain hopeful and hope that out of the 4 matters listed above, the issues no 1 and 2 may soon see light of the day.

With best wishes for a happy festive season.

Ranjan Dey Sarkar 

General Secretary 

Date: 8th October 2026.

GPF Interest rate for Q-3 of 2026-27 announced at 7.1% w.e.f. 01.10.2026 to 31.12.2026: FinMin Resolution

GPF Interest rate for Q-3 of 2026-27 announced at 7.1% w.e.f. 01.10.2026 to 31.12.2026: FinMin Resolution 
Click :-
https://www.staffnews.in/2026/10/gpf-interest-rate-for-q-3-of-2026-27.html?utm_source=follow.it


INDIAN AIR FORCE DAY


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CA 7993/2023 MC Singla

The CA 7993/2023  MC Singla Vs UOI and connected petitions for bank pension updation is listed for hearing on 8.10.26 as item no.302(item no.2) in Court No.2 before Special Bench in Supreme Court at 2.00pm.
We have informed our Senior Adv Dr. MK Singhvi and shall have re- briefing session tomorrow  8.10.26 morning and we shall be in Court for hearing.

Regards:

Sewa Ram

Advocate