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 70^th 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 2^nd 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 155^th    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 70^th 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

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.

C H Mahadevan
Reply Document
Click below:-

https://drive.google.com/file/d/1Zrx_YAoCd2V5NzNuJ-t3eoSTIgwJijoN/view?usp=drivesdk

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

शिक्षक दिवस की हार्दिक शुभकामनाएं

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

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UFUB LETTER TO IBA

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 Occident. A 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 birthday. He 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

श्री कृष्ण जन्माष्टमी की हार्दिक शुभकामनाएं

 

  

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

Retd LIC employeeloses ₹97.70 L in stock mkt investment fraud

*

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:-

https://drive.google.com/file/d/1JbXYKsPAQWjFNHva4gyEk4YzlWm_4Ddy/view?usp=drivesdk

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:-

https://drive.google.com/file/d/116tSH9_bmfJ31adHHREsC1_A5hU-Ygow/view?usp=drivesdk

Pension Updation- Point-wise Reply to the Respondent’s Affidavit By Vijayaraghavan R. (Retired IOBian)

Pension Updation- Point-wise Reply to the Respondent’s Affidavit By Vijayaraghavan R. (Retired IOBian)

Click below:-

https://drive.google.com/file/d/1iH1o6p0OnKtHcJJs1n3OFM7epw6lad1A/view?usp=drivesdk

NOTICE OF STRIKE BY BANK UNIONS

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SCI Order dated 01.09.2026 in connection with quashing of FIRs registered against protesting students

SCI Order dated 01.09.2026 in connection with quashing of FIRs registered against protesting students 

https://drive.google.com/file/d/1m-KSlkb2JbXQH3xzMi6xUxvnk2Dx9d8X/view?usp=drivesdk

1September Celebrating LIC Day

 70 साल का भरोसा, 
70 साल की सुरक्षा 
और करोड़ों सपनों का साथी
LIC के गौरवशाली 70 वर्ष पूरे होने पर 
हार्दिक शुभकामनाएँ!
भरोसा यूँ ही बना रहे, 
सफर यूँ ही चलता रहे। 
1956 से आज तक करोड़ों परिवारों के जीवन में
सुरक्षा का भरोसा , जीवन की सुरक्षा , भविष्य की उम्मीद बनकर  भारतीय जीवन बीमा निगम निरंतर देश की सेवा कर रहा है।
आर के साहनी

AICPI-IW FOR JULY, 2026 IS 153.2 BASE 2016=100

AICPI-IW FOR JULY, 2026 IS 153 2

AICPI-IW FOR JULY 2026

+        153.2000
*          2.8800
*          4.6300
*          4.9300
-----------------
+      10071.1523
-       9916.0000
-----------------
+        155.1523
/          4.0000
-----------------
+         38.7881
ie  38 slabs of DA to inservice employees of LIC and GIC
wef 01.11.2026
if it remains the same for next two months of August and September,2026.

AICPI-IW FOR JULY, 2026 IS 153.2

Yahoo Mail: Search, organise, conquer

PIB::मन की बात की 137वीं कड़ी में प्रधानमंत्री के सम्बोधन का मूल पाठ (30.08.2026)

मन की बात की 137वीं कड़ी में प्रधानमंत्री के सम्बोधन का मूल पाठ (30.08.2026) 

Click below:'

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2304617&RegID=3&LID=2

PIB::English rendering of PM’s address in the 137th Episode of Mann Ki Baat on 30.08.2026

English rendering of PM’s address in the 137th Episode of Mann Ki Baat on 30.08.2026 

Click below:-

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2304616&RegID=3&LID=1

Compassionate Appointment - Acquisition of minimum educational qualification after the death of deceased railway employee: Clarification RBE No. 64/2026 | StaffNews

Compassionate Appointment - Acquisition of minimum educational qualification after the death of deceased railway employee: Clarification RBE No. 64/2026 | StaffNews

Compassionate Appointment - Acquisition of minimum educational qualification after the death of deceased railway employee: Clarification RBE No. 64/2026 | StaffNews Compassionate Appointment - Acquisition of minimum educational qualification after the death of deceased railway employee - Clarification by Railway Board

LIC @ 70

Life Insurance Corporation of India is completing its 70 years of purposeful existence today and will march ahead with greater conviction and commitment to strengthen the Indian insurance market. With 14.57 lakh agents and 82,000 employees, LIC stands as one of the tallest financial institutions in the world. In its incredible journey, there have been umpteen milestones. With ₹57.29 lakh crore AUM at its command, LIC settles 99.44% of death claims—a core activity in insurance industry—, which is a record performance for any company in the world. Being present at 3,714 locations, LIC covers 92% of Indian districts spanning across 36 states and Union Territories. LIC is an institution that has left no stone unturned in making itself available to policyholders through digital platforms. It has transcended insurance through its LIC Golden Jubilee Foundation, which has helped thousands of people. 

LET INDIA BE PROUD OF LIC AND WHAT THE FOUNDING PRIME MINISTER HAD VISUALISED ABOUT IT.