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Sunday, 8 October 2023

MINIMUM FAMILY PENSION

Dear Shri Sahni ji,

Please find the attachment and request for the kind publication in your esteemed blog and oblige.
Ashok J.Joshi,
GS, NOIP (BMS)

Regn No.PN 4769 (Regd under Indian T U Act, 1926)

(Affiliated to Bharateeya Mazdoor Sangh)

BMS Office, Vishwakarma Bhavan, 185, Shaniwar Peth, Pune 411030.

President: T.C. Gunesh Kumar Mob No: 9880683639

Working President: Vilas V. Purkar Mob No: 9922166599

General Secretary: Ashok J. Joshi Mob No: 9561084182 & 9945104570

Date: 07-10-2023

Cir No 30/2023 Shri. Sat Pal Bhanoo ji, Managing Director, L I C of India, Central Office, Yogakshema, MUMBAI

Dear Sir, Re : Minimum Family Pension.

At the outset we thank you for Revision of Family Pension. But we feel honestly, that the existing Family Pensioners have been robbed of their rightful arrears, at least from 1/4/2021 onwards.

Administrative Instructions were issued by E&OS department of Central Office, on 21-09-2023. In this circular, a Chart of Minimum Pension has been given, which resembles earlier APPENDIX V of our Pension Rules. The Notification has deleted the APPENDIX V of our Pension Rules wef 11-09-2023.

We find that the Notification states that the Family Pension should not be less than the Minimum family pension as determined by the Board from time to time. And the above referred circular in its chart gives Minimum Pension for Category 1, 2 & 3 Pensioners.

However, increase in Family Pension to 30% without corresponding increase in the Minimum Pension, does not seem to be technically correct. The following Chart will bring home the point that the Minimum Pension also needs an upper revision. Else, the Minimum Pension as per CO circular 21-09-2023 is redundant and loses its sheen.

Group to which the FP belongs to.

Stage III of Min Pension Chart

Min Pension

Pay Re.1/- above Min Pay

Actual Family Pension.

Group 1

Above Rs.3,000/-

Rs.600/-

At Rs.3,001/-

Rs.901/-

Group 2

Above Rs.5,740/-

Rs.1150/-

At Rs.5,741/-

Rs.1,723/-

Group 3

Above Rs.8,700/-

Rs.1740/-

At Rs.8701/-

Rs.2,611/-

Group 4

Above Rs.11,640/-

Rs.2330/-

At Rs.11,641/-

Rs.3,493/-

Group 5

Above Rs.14,720/-

Rs.2950/-

At Rs.14,721/-

Rs.4,417/-

Group 6

Above Rs.23,540/-

Rs.4720/-

At Rs.23,541/-

Rs.7,063/-

Group 7

Above Rs.31,760/-

Rs.6370/-

At Rs.31,761/-

Rs.9,529/-

Hence, NOIP demands to have a relook in to the Minimum Family Pension as prescribed in CO/E&OS circular dtd.21-09-2023 and the Minimum Family Pension should be double the existing rates as shown in Category 3 in the above Circular.

Hope for an early rectification of the same,

With kind regards,

Yours Sincerely,

General Secretar

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