E-mail sent to LIC EDP & ED (e&os)

RK SAHNI

To

Executive Director E&amp OS LIC ed_personnel@licindia.com

BCC

Seetha And Kishore

Today at 12:01

Respected Sir, 

                      FOR IMMEDIATE PERSONAL ATTENTION

i draw your kind attention to your CO Circular No. CO/PER/ER-A/130/2016 DATED 23.05.2016
reg. instructions for implementation of LIC(employees) Pension Rules, 1995 wef 01.08.2012

to Para 4.

Kindly refer the two Annexure VI & VIII which  are attached herewith for your kind perusal.

Difference of Commutation=(Revised Commuted Pension(-) Pre-revised Basic Pension)(*)12(*) Commutation factor foe age next birthday 61 years

         ={(12923-7993)*12*9.81=Rs 580360.

In the above formula in stead of Pre-revised Basic Pension, it should be "Pre-revised Commuted Pension"
(though the figures inserted are Revised Commuted Pension & Pre-revised Commuted Pension)

Kindly look into the matter and issue the revised instructions to avoid any errors.

with regards,

rksahni

278 Sector 5,

Urban Estate,

Kurukshetra

Haryana   PIN 136118
BLOG:
www.rksahni.blogspot.in
Namedas-
"PENSIONERS VOICE & SOUND TRACK"

Mobile: 09416137078

LL: 01744_230406