PENSIONERS' VOICE & SOUND TRACK Editor: R K Sahni
A FORUM FOR LIC PENSIONERS
Friday, 11 September 2026
Clarification regarding applicability of Rule 56(4) of CCS (Leave) Rules, 1972- reg.
Government of India
Department of Personnel and. Training (Training Wing)
Block IV, Old JNU Campus,
New Delhi
Dated 08.09.2026
OFFICE MEMORANDUM
Subject: Clarification regarding applicability of Rule 56(4) of CCS (Leave) Rules, 1972- reg.
The undersigned is directed to refer to the subject cited above regarding
the applicability of Clause 56(4) of CCS (Leave) Rules, 1972 and say that the matter has been examined in the light of the clarification received from the Leave & Allowance Division, DoP&T.
2. It has been clarified that the provision contained in Clause 56(4),
regarding adjustment of the amount received as scholarship/
stipend/remuneration in respect of part-time employment against the Leave Salary payable, is applicable to Study Leave availed both within India and outside India.
3. This issues with the approval of the Competent Authority.
Digitally signed by
AJAY KŪMAR SINHA
Date: 08-09-2026
15:33:58
(Ajay Kumar Sinha)
Under Secretary to the Government of India
Tele. No. 011-26706306
E-mail: ajay.sinha@gov.in
To.
All Ministries/Departments in Government of India
BOOK OF CONSTITUTION OF ALL INDIA RETIRED INSURANCE EMPLOYEES’ FEDERATION AS AMENDED AS ON 20-06-2025!
BOOK OF CONSTITUTION
OF
ALL INDIA RETIRED INSURANCE
EMPLOYEES’ FEDERATION
AS AMENDED AS ON
20-06-2025!
Thursday, 10 September 2026
Updates on M.C. Singla case for Pension Updation pending before the Hon'ble Supreme Court
QUOTE
Formed By AIBOC In 2012
ALL INDIA BANK PENSIONERS & RETIREES CONFEDERATION
(A.I.B.P.A.R.C.)
Office of GS at:
4, Netaji Subhas Road,
1st Floor, Cubicle no: 170
KOLKATA– 700 001 Mobile: 9674188524, E-mail: aibparc2@gmail.com
Regd. Office:
MAYUR VIHAR, PHASE – 1 57 A, POCKET 3, DELHI 110091
SENIOR OFFICE BEARERS:
===================== PRESIDENT:
-
SHRI K. V. ACHARYA MOB- 9868220338
-
GENERAL SECRETARY
-
SHRI SUPRITA SARKAR MOB- 9674188524
-
WORKING PRESIDENTS:
-
1.SHRI C, GANGADHAR YADAV MOB- 9440528806
-
2.SHRI P.S. PATKI MOB- 8805607239
-
3.SHRI S.B.C. KARUNAKARAN MOB- 9444772016
-
4.SHRI J.S. JAGADEESH MOB- 9448508797
-
5.SHRI S. KUPPUSWAMI MOB- 9444315928
-
6.SHRI S.C. AHUJA MOB- 9650068773
-
7.SHRI ASOK DE MOB- 9007513714
-
8.SHRI N.K. PAREEK MOB- 9829015773
-
9.SHRI PAUL MUNDADAN MOB- 9895378557
-
TREASURER:
-
-
-
SHRI TARUNESH CHATTERJEE MOB- 9051601591
Circular no 113 -26
Date: September 09, 2026.
For circulation among members of the Governing Council, State Secretaries, Special Invitees, Advisors, Affiliates, Constituents of CBPRO and Members.
Dear Comrade,
Sub: Updates on M.C. Singla case for Pension Updation pending before the Hon'ble Supreme Court.
We reproduce hereunder the message received by Shri K V Acharya, President, AIBPARC and Joint convenor, CBPRO from our Advocate Shri Sewaram for information of our members:
QUOTE
“As you are aware that on 22.07.2026 the Court no. 2 of Hon’ble two judges Division Bench of Justice Vikram Nath and Justice Mehta in Supreme Court had part heard for about 2 hours the MC Singla Vs UOI and other connected petitions for bank pensioners pension updation. The case was originally listed for 09.09.2026 but in the list for 9.9.2026 published on 5.9.2026 it was not listed due to non-availability of particular Division Bench. However, in the Supplementary List published on 8.9.2026, the matter was included for listing on 9.9.2026 before the same division bench. It was mentioned in the list that our case will be taken on top of regular matters list. Accordingly, we had informed and had conference with our Senior Advocate at 9am on 9.9.2026 and were present in Court. At 10.30am Mr. Dhruv Mehta Sr. Adv. for IBA requested the Hon’ble Court to take up the matter a little later during the day as he needed to go through his case file. The Court agreed and, in the meantime, took up the next regular matter. In the next regular matter, the Ld. Attorney General of India had appeared and the said matter took whole day and was adjourned to 23.9.2026. Our both Senior Advocates Dr. Sh. MK Singhvi and Shri Kavin Gulati and the legal team waited whole day for our matter be called out but our case could not come up for hearing. At the end at 3.25pm, I mentioned the matter before the Hon'ble Court with prayer that the matter be kept on board for next week and the Court agreed. Sir, the 11.09.2026 been declared a holiday due to Brics Summit, the10th Sept. has been declared as MIsc. maters day and as such no regular matter will be listed on 10.09.2026. Now, the matter will be listed in next week on Wednesday 16.09.2026.
Regards, Sewa Ram, Advocate Unquote.
Future development will be made known to you by circulars.
With best wishes and regards, Comradely yours,
K.V. Acharya President, AIBPARC & Jt. Convenor, CBPRO
Suprita Sarkar
General Secretary
Wednesday, 9 September 2026
Empanelment of Retired Officers as Guest Faculty at Sale Training Centres(STCs) on Honorarium Basis
Click below:-
https://drive.google.com/file/d/1wa1bSBKaT_pltRV8DzBNrP4YjUPlTHqa/view?usp=drivesdk
Tuesday, 8 September 2026
LETTER TO FINANCE MINISTER
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
13-08-2026
Smt. Nirmala Sitharaman ji, Honorable Minister for Finance & Corporate Affairs, Govt of India, Kartavya Bhawan, New Delhi.
Sub: Updation (revision) of pension of LIC pensioners and allied matters.
With respect to above we seek your kind audience to apprise you about the following long pending issues of LIC pensioners:
- ➢The delegation of insurance sector unions of BMS met you under the leadership of Shri. Surendran ji and Shri. Girish Chandra Arya ji on 10-10-2024. NOIP was represented by Shri. Ashok Joshi, our Ex General Secretary, who had a detailed discussion with your good self, regarding pension updation and other allied matters. We felt assured then, by your empathetic response.
- ➢As a follow up action, ten days thereafter, Shri. Girish Chandra Arya ji, Secretary & Financial Sector In charge, BMS, met the then Finance Secretary Shri. M. Nagaraju and the latter confirmed that the dept is in action mode regarding the issues discussed with your good self.
- ➢We may reiterate that for the last 38 years the pension of LIC pensioners has not been revised and as a consequence, an Executive Director retired prior to 8/1997 draws lesser pension than the Class IV employee retiring after 2022 wage revision.
- ➢About 20,000 LIC pensioners have since died till date without seeing the updated pension during their retired life time.
- ➢RBI/NABARD/SIDBI pensioners have already got their pension updated till the latest wage revision of in-service employees.
- ➢Thanks to your government for adding the pension updation in the CCS Pension (Rules), 2021, thus bringing this aspect under the Statutes.
- ➢Section 56 of LIC Employees’ Pension (Rules), 1995 expressly refers to CCS Pension (rules) 2021 for reference in respect of those matters not finding place in the LIC Employees’ Pension (Rules), 1995.
- ➢Pension updation and allied matters such as- one more pension option to left over employees Viz directly recruited engineers, ex-servicemen and resigned employees, additional pension to 80+ seniors, computing pension at 50% of last pay drawn, 50% of last pay as family pension up to 67 years of age in respect of deceased pensioners/employees, full pension for service of 20 years and above etc. are pending approval by DFS.
- ➢Modi govt has accepted in principle the National Litigation Policy and Modi ji himself has averred that the govt should not become a compulsive litigant. We, NOIP (BMS) are not a party in court litigation
- ➢On 21-04-2026, in Kolkata, our President Shri. Prabir Kumar Mazumder attended the meeting convened by you and submitted a detailed memorandum to the top official of your ministry, who vouched that these pending issues would be personally looked into by your erudite self.
Hence, we once again request you to accord your kind approval to the pension updation up to 2022 wage revision, without any further delay, for which act of kindness, pensioners would remain ever grateful to you.
With thanks and regards,
Yours Sincerely,
Raj Kumar
Meeting With Joint Secretary, Ins
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: 08-09-2026
To all the units
Re: Meeting with Joint Secretary, Insc
We had been trying to get an appointment with Joint Secretary, Insurance, Shri. Divesh Sehara ji who has newly taken charge. Luckily it came through and was scheduled to take place on 27-08-2026 at 4 pm and at the nick of time (due to meeting called by PMO), was rescheduled to 08-09-2026 at 9 am. We were not sure whether it would happen as scheduled but we were fully prepared to face any eventuality. I had postponed my personal engagement to 6th to 10th of September making myself available for 27th August. Since it was rescheduled to 8th September, I was worried because I was unable to attend due to my personal engagement, which could not be altered. I requested Shri. Ashok Joshi ji who was available and readily agreed to come to Delhi to meet the Jt Secretary. We were praying that the meeting should take place as per the reschedule. Ultimately it did happen.
The NOIP team led by Shri. Ashok Joshi ji and accompanied by Shri. Subhash Raina ji, OS and Shri. Arun Gambhir ji, President, Delhi Unit reached the DFS (situated in LIC’s Jeevan Deep bldg) today at 0830 hrs. Ours was the first appointment in the morning which started at 0915 hrs and discussions went on for 30’. Shri. Divesh ji was highly receptive. He is a nice gentleman, simple, but serious about his role and appeared to be highly sincere, and exhibited high level of sensitivity about our long pending issues. Shri. Joshi ji handed over 1) the letter addressed to him, 2) copy of letter written to FM and 3) Copy of letter written to Director, Insurance. Shri. Joshi ji dealt in all the details about updation of pension, and the 4 other issues, which are supposed to have been recommended by the LIC. Shri. Divesh ji said that he is new to the issues but certainly will go through them in all details and would try to do justice. He put forth number of queries about all the 5 issues mentioned in his letter and Shri. Joshi ji satisfactorily clarified all the queries that helped him to get the nature of issues and the expected resolution from the DFS. Shri. Joshi ji further elaborated as follows-
- ✓NOIP has been following up these issues since more than 13 yrs with DFS and have met about 10 Joint Secretaries and Ministers of State for Finance and FMs.
- ✓Joint Secretaries are frequently being changed, hence each time we have to start de novo. He said as per requirements, GOI makes changes in officials which we cannot help.
- ✓Thanked Late Arun Jaitley ji who decided OMOP but less than 200 were left out of OMOP offer.
- ✓Thanked Shri. Bansal ji, his predecessor in 2023 who resolved the issue of 30% family pension.
- ✓Narrated about the detailed discussions held with the finance minister by BMS delegation on 10-10-2024 and that the matter was set into motion from that date.
- ✓Expressed the hope that he is posted anew and in his tenure our issues are expected to find a logical conclusion/resolution, for which he assured his necessary help after studying the issues in all the details.
- ✓Treat us fatherly like and try to resolve our long pending issues with all the sensitivity they deserve. He assured his sincere attempt in resolving.
- ✓When said that Joshi ji is 73+ and has come all the way from Pune, he immediately said not to take that much of trouble and contact him on phone, but only one person should contact. He immediately shared his personal mobile number with Joshi ji.
- ✓When asked as to when again we have to meet him to know the progress, he said as above which was fully reassuring to the delegation.
The delegation felt that something worthwhile would happen during the tenure of the present Jt Secretary, Shri. Divesh ji.
Thereafter, the team visited the chamber of Secretary, DFS to know the position about the request of an appointment. PA was not available but the PA is known to Shri. Gambhir ji and he would later pursue the matter.
Thereafter, the team went to meet the Under Secretary Shri. Abdul Gufran ji and waited in his chamber for about 30’. He was said to be coming, but we did not wait any more and gave all the papers to his PA to be handed over to the US and requested him to convey that NOIP team met the JS.
Finally, the delegation paid a courtesy visit to Smt. Shyama Sikdar, ED (Liaison) and was with her for 45’.
We assure the members that we would be following up the matter with DFS continuously until the issues are resolved satisfactorily.
With greetings, Encl: As above
General Secretary
NOIP LETTER TO JOINT SECRETARY, DFS
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:
Shri. Divesh Sehara,
Joint Secretary,
Department of Financial Services,
Ministry of Finance, Govt of India.
New Delhi
Respected Sir,
Hearty congratulations on taking over as Joint Secretary, Insurance, Department of Financial Services.
National Organisation of Insurance Pensioners (NOIP) is a registered trade union of pensioners of Life Insurance Corporation of India (LIC), affiliated to BMS, which is recognized by Govt of India.
Sir, we look upon you with hope that many of our long pending issues would see satisfactory resolution under your regime as Jt Secretary. Your posting as Jt Secretary, Insurance not only serves our interests well, but also shows Government’s intent to address the issues of Insurance sector, at the earliest.
Pension in LIC of India has not been revised ever since it was introduced in 1995. We have on several occasions submitted our pending issues with the hope to see them resolved at the earliest. But unfortunately, they remain pending for the last 38 years.
Besides the main issue of updation of pension there are other issues, the following four among them have been recommended by LIC of India long back for approval and notification:
- 1.One more option to left over Directly recruited Engineers, Ex-Servicemen and resignees to opt for pension (there are very few of them and their case is no different from thousands of other PF optees who were allowed to opt for pension in 2019).
- 2.Fixation of pension at 50% of last drawn pay or last 10 month’s average, whichever is beneficial to the employee.
- 3.Payment of double the Family pension for 7 years or up to the age of 67 in case of death of employee/pensioner below the age of 67.
- 4.Enhanced pension for super senior citizens of 80 years and above.
Besides this there are other issues that need your kind attention and compassionate consideration. The enclosures give details of the issues that are pending for long.
Sir, we hope that our issues will get your kind attention and see resolution.
We take this opportunity to wish you a highly fulfilling tenure in DFS.
With sincere regards,
Encl: As above
Rajiv Kumar Sharma
General Secretary
IRDAI Warns Public Against Fraudulent Website Impersonating Bima Bharosa/IGMS
Corporate Law | IRDAI Warns Public Against Fraudulent Website Impersonating Bima Bharosa/IGMS
Click below:-
https://taxguru.in/corporate-law/irdai-warns-public-against-fraudulent-website-impersonating-bima-bharosa-igms.html?utm_source=follow.it
PIB::Union Finance Minister meets delegation of bank employees representing different Public Sector Banks (PSBs)Scheme of Performance Linked Incentives (PLI) to Exec
Union Finance Minister meets delegation of bank employees representing different Public Sector Banks (PSBs)Scheme of Performance Linked Incentives (PLI) to Exec https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2307672&RegID=3&LID=1
Monday, 7 September 2026
: The Travails of Elderly Litigants – An Appeal for Timely Justice
Chennai
6/9/2026
From
C H Mahadevan,
Flat No D 108, Fantastic by Urban Tree Aptts,
Pallikuppam Road, Rajiv Nagar,
Vanagaram,
Chennai 600077
To
The Hon’ble Chief Justice of India
Supreme Court of India
New Delhi
Respected Lordship,
Re: The Travails of Elderly Litigants – An Appeal for Timely Justice
I write this letter in my individual capacity as an 84-year-old retired Executive Director of the Life Insurance Corporation of India, and as a pensioner who has been witnessing, and personally experiencing, the consequences of prolonged litigation.
I am conscious of the enormous constitutional responsibilities borne by the Hon’ble Supreme Court and of the difficulties involved in administering justice in a country with an enormous volume of litigation. I also fully recognise that adjournments may sometimes be unavoidable and that every case must receive the consideration that its complexity and constitutional importance demand.
My purpose in writing this letter is therefore not to question judicial discretion or to seek any intervention in the merits of a pending case. It is to place before Your Lordship, with utmost respect, the human cost that prolonged litigation can impose upon elderly litigants, particularly where an entire class of pensioners is awaiting a final determination.
My personal experience
My appeal to Honourable Chief Justice of India
From: Colinjivadi Mahadevan <chmahadevan@gmail.com>
Date: Sun, 6 Sept 2026, 11:14
Subject: My Appeal to Hon'ble Chief Justice of India
To: supremecourt@nic.in <supremecourt@nic.in>
LETTER TO HON'BLE CHIEF JUSTICE OF INDIA
Click below:-
https://docs.google.com/document/d/1BdnbE4Uk4JiInvHvbjHy06b5jair85Rb/edit?usp=drivesdk&ouid=116293091010820917557&rtpof=true&sd=true
Sunday, 6 September 2026
Appeal by Super Senior LIC PENSIONERS.
"🙏🏽🪷🌻🌷Karmanye Vadhikaraste, Ma Phaleshu Kadachana"🙏🏽
🌷_(Do your duty without worrying about the result.)_.🙏🪷🌻🌹🌷 I will continue my efforts, though I know GOI/LIC are not going to accept our legitimate and rule based demands in my life time. H K Aggarwal. 🌻_____________________________
Date: Sat, 5 Sept, 2026, 12:02 pm
Subject: Appeal by Super Senior LIC PENSIONERS.
To
The Secretary,
Department of Financial Services (DFS) Ministry of Finance, Government of India,
3rd Floor, Jeevan Deep Building,
Parliament Street,
New Delhi – 110 001.
Subject: Representation submitted to CEO & MD, LIC of India regarding adoption of Revised CCS (Pension) Rules, 2021 under Rule 56 of LICEP Rules, 1995 for Super-Senior Retirees.
Respected Sir,
We Super Senior LIC PENSIONERS are submitting herewith below our formal representation dated 5th September 2026, addressed to the Chief Executive Officer & Managing Director, Life Insurance Corporation of India, for your urgent personal attention and statutory consideration.
Sub 155th Issue of EASTERN NEWS-SEPTEMBER 2026
Sub:155th Issue of EASTERN NEWS-SEPTEMBER 2026
Respected Members/Readers,
At the outset we wish all our members HAPPY LIC DAY on the 70th anniversary day of nationalization of LIC of India. It is our pride that LIC through its seven decades journey period has grown into a financial colossus synonymous with trust, security, and long-term financial planning.
In the Indian life insurance market, LIC maintains a dominant, market-leading position despite two decades of private-sector competition. It holds over 58–66% of the overall market share in total premiums and new business premiums, making it the undisputed leader in India's insurance sector. Beyond insurance protection, LIC serves as a key institutional investor in India's domestic economy, allocating substantial capital toward national infrastructure projects, government securities, and capital markets.
Globally, LIC stands among the top tier of life insurance providers. Ranked as the 4th largest life insurer globally by reserves according to S&P Global Market Intelligence and featuring prominently among the top 15 globally by assets under management, LIC outpaces many major multinational carriers. It is also consistently recognized by Brand Finance as one of the world's strongest insurance brands (presently 2nd strongest Insurance Brand Globally). Today, as a publicly listed entity with an expanding digital ecosystem and growing international presence across Asia, Africa, and Europe, LIC continues to balance its public welfare mandate with modern, competitive financial growth.
On September 11, 1893, Swami Vivekananda delivered a historic address at the World’s Parliament of Religions in Chicago. To commemorate this historical event that reshaped global perceptions of Eastern spirituality and introduced Indian philosophy to the Western world, September 11 is observed as Universal Brotherhood Day which sends a powerful reminder of harmony, tolerance, and human unity
His message was clear that is Tolerance and Universal Acceptance He emphasized that truth can be reached through many paths, illustrating this through the metaphor of streams originating in different places and merging into the same ocean.
In a present world fractured by conflict and disharmony, Swami Vivekananda's3 message of mutual respect and harmony remains profoundly relevant. The observance of September 11 celebrates the spirit of pluralism—reminding humanity that true spiritual progress lies in living together in peace and accepting diversity as a strength.
In the aforesaid inspiring spirit, we are pleased to present herewith the 155th Issue of September 2026 Eastern News featuring insightful analytical articles on topics especially related to September. It is needless to mention that we highly value your thoughts on our topics and contents. Kindly share your valuable views with us at licretiredofficers@gmail.com. Your feedback will be published in a subsequent issue.
We once again extend our heartfelt greetings and best wishes to all readers and their family members on the landmark occasion of the 70th anniversary of LIC Day.
With regards,
General Secretary LIC Retired Class-I Officers’ Association https://drive.google.com/file/d/1E8mzf0IEj9fifoJsM5yAIJ64BILW1lRJ/view?usp=drivesdk | ||
Saturday, 5 September 2026
FAMILY PENSION UNDER LIC EMPLOYEES PENSION RULES 1995
Eligibility for family pension under the Life Insurance Corporation of India (Employees) Pension Rules, 1995 is governed primarily by Rule 2(k) (Definition of Family) and Rule 40 (Period for which Family Pension is payable).
Eligibility is determined strictly in hierarchical order: the next category is considered only when no eligible member exists in the preceding category.
- ●Age Limit: No age limit.
- ●Duration & Conditions:
- ○Payable up to the date of death or remarriage, whichever is earlier.
- ○If the spouse is judicially separated, they remain eligible provided the separation was not granted on grounds of adultery and they were not held guilty of adultery.
- ○If a childless widow remarries, family pension continues if her personal monthly income from all sources remains below the prescribed dependency threshold.
RTI information on Pension Pay-out to LIC Pensioners in FY 2024-25 & 2025-26
Please find attached a reply to my First Appeal under RTI dated 4/9/2026 furnishing the figures of actual pension pay out to the LIC Pensiones in 2024-5 and 2025-26.
Reply Document
Click below:-
https://drive.google.com/file/d/1Zrx_YAoCd2V5NzNuJ-t3eoSTIgwJijoN/view?usp=drivesdk