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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

Saluting the Centenarians of the LIC Family




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: 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

I have sent a five page general letter of appeal to the Chief Justice of India.
The letter may look long but I believe it comprehensively echoes the travails faced by aged pensioners.
If there is a positive outcome emerging in response to this we will be lucky. Otherwise the Supreme Court  Registry will have a record of the sufferings faced by aged LIC pensioners on account of delay in disposals of cases.
C H Mahadevan 


---------- Forwarded message ---------
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>


To,
The Registrar,
 Supreme Court of India, Tilak Marg,
New Delhi

Dear Sir,
Kindly refer to the attached letter addressed by me to the respected Hon'ble Chief Justice of India . I request you to kindly  place the same for his kind perusal and appropriate action .
Thanking you,
Yours faithfully, 
C H Mahadevan
Executive Director(LIC)(Retd)
Chennai

Sunday, 6 September 2026

ITAT Chennai Allows Enhanced ₹25 lakh Leave Encashment Exemption for Retired Bank Employee

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
One Attachment-Eastern News 


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

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.
The figures are as follows:
                                            FY               Amount(Rs) 
                                        2024-25         3824,75,14,671
                                        2025-26         4997,53,66,629
It will be observed from the letter that the First Appellate Authority  has laboured hard to explain why the information was exempted under Section 8(1)(h) of the RTI Act 2005.He tries to  defend that the information of pay-out from the Pension Fund is available in the Annual Report skirting the fact that I specifically requested for the information of annuities paid to pensioners by P & GS  dept.Anyhow now the information has been provided after much delay. Otherwise, I was planning to file a second appeal to CIC.

OUR CASES ARE LISTED IN WEEKLY CAUSE LIST 08.09.2026 TO 10.09.2026 AT SERIAL NO 189 IN COURT NO. 8

Screenshot shared from:
https://acrobat.adobe.com/id/urn:aaid:sc:AP:1dc6c31a-e989-457a-b8b5-d3ab6767afd4?view=1&tl=441,19,21&br=443,539,598

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शिक्षक दिवस की हार्दिक शुभकामनाएं



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Friday, 4 September 2026

Expected 7th CPC DA/DR from Jan, 2027 @ 66% or 67%

Expected 7th CPC DA/DR from Jan, 2027 @ 66% or 67%– All-India CPI-IW for the month of Jul, 2026 issued by Labour Bureau 
Click below:-

https://www.staffnews.in/2026/09/expected-7th-cpc-da-dr-from-jan-2027.html?utm_source=follow.it

.

UFUB LETTER TO IBA



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WORLD TEACHERS' DAY, SEPTEMBER 5th⁸

DEAR ALL,           

WORLD TEACHERS'  DAY, SEPTEMBER 5th


    
 LET  US  REMEMBER ,REVERE & ADORE TEACHERS,TRAINERS, & EDUCATORS

THE HEART OF EDUCATION LIES IN EDUCATION OF THE HEART

              We all remember our fomer Philosopher Statesman  &President of India ,Dr Sarvapalli Radhakrishnan,  great & venerable personality, who interpreted the glorious Indian religion & philosophy in his inimitable diction, to the entire World at large,& earned the unique distinction of building  a Bridge of Understanding between the Orient & the OccidentA scholar, Bharat Ratna recipient, the first Vice President and second President of Independent India, Dr Sarvepalli Radhakrishnan was born on September 5, 1888, into a Telugu family. During his tenure as a President of India (from 1962-67), his students and friends requested him to celebrate his birthdayHe replied, “Instead of celebrating my birthday, it would be my proud privilege if September 5 is observed as Teachers’ Day.” Since then, his birthday has been observed as Teachers’ Day.

 

March on to 11th September strike



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श्री कृष्ण जन्माष्टमी की हार्दिक शुभकामनाएं

 
Photo attachment: IMG-20260904-WA0015.jpg

Shree Krishan Janamashtami  2026 kee Aap Sabhi ko Hardik Badhai Jai Shree Krishna.


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Retd LIC employeeloses ₹97.70 L in stock mkt investment fraud

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Thursday, 3 September 2026

An OPTIMIST INVENTED THE AEROPLANE

An OPTIMIST INVENTED THE AEROPLANE 
A PESSIMIST INVENTED THE PARACHUTE 
     FOOLISH. GOVT MUST ALLOW DEGREE OF AUTONOMY TO SUCH A FINE GIGANTIC ORGN 
SBI MUCH EARLIER SECURED Rs 250cr now it must have quadrupled  & more 
      Even tail end improvements such as SUPER SR CITIZENS , 80,85,90,95 & 100 @ 20 percent, 30, 40, 50& 100percent Rise in pension costs just Rs 100 crores. Many die unfortunately 
Infact PENSIONERS FRATERNITY MUST BE VIEWED with empathy .
The CMB Cash Medical Benefit to Employees, Class 3&4, Class 2 Dev Officers & Class 1 in 2 grades CMB indicated , SAME CMB must be allowed for all Pensioners in same manner. It worked out to app Rs 120/130cr which is nothing for LIC
     HOPE 2026 September LIC Anniversary records a Breakthrough 
RBKISHORE

70th annivers0ary issue 'Yogakshema'

महोदय/महोदया,

Sir/ Madam,

 

 Please find attached the 70th anniversary issue 'Yogakshema' for your reference.


Regards,

 

योगक्षेमा डेस्क/Yogakshema Desk

 केंद्रीय कार्यालय/ Central Office

022-66598446


Click below:-


https://drive.google.com/file/d/1prqm8Rk1BY3DysHhPvZgXWuZNnX92Eyv/view?usp=drivesdk



श्री कृष्ण जन्माष्टमी की आप सबको बहुत-बहुत बधाई

श्री कृष्ण जन्माष्टमी की आप सबको बहुत-बहुत बधाई
Click below:-

A Beautiful video covering seven decades wonderful journey of Great Organisation LIC

A Beautiful video covering seven decades wonderful journey of Great Organisation LIC
Click below:-