Non Credit of Pension on 01.10.2023

Dear Shri.Sahniji,

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: 03-10-2023

To, The Chairperson, LIC of India, Central Office, YOGAKSHEMA, Mumbai

Dear Sir, Re: Non credit of pension on 1-10-2023 for the month of September 2023. Regarding the captioned matter, we would like to submit to your erudite self, the following few lines-

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  Though the CO had taken all the precautions by advising operating offices to validate the pension payment on 28-09-2023, so that pension can be credited on 1st October through NEFT, the most unexpected happened.
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  Circumstantial evidence suggests the possible goof up by the RBI/Banks in not crediting through NEFT on 1st October.
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  LIC pension rules and Bank pension rules are identical and envisage payment of pension on or after the first day of next month.
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  Even then, some Banks credit the pension for their pensioners on the day salary is paid to their in- service employees. If the Banks can use their discretion, why should we not expect the same from our management?
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  Since 2010, NOIP has been consistently following up the above issues with the CO, but even after 13 years, situation remains the same.
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  Hence, we appeal to you to arrange to evolve a permanent foolproof system, to ensure that pension is credited either on the day salary is paid to our in-service employees, or on the last day of the month and the least expected is, the credit of pension on the very first day of next month, irrespective of that day being a weekly holiday or a public holiday or a NEFT holiday or anything else.

We implore upon your personal intervention in the matter, please. With kind regards and thanks,

General Secretary.