From: co_os
Sent: Wednesday, October 16, 2024 5:20 PM
To: allrmos
Cc: chief_os; co_secyos.pa
Subject: Pension disbursement on the first day of the following month
महोदय / महोदया,
Sir / Madam,
This bears reference to Rule 54 of LIC Of India (Employees) Pension Rules, 1995, "A pension fixed at a monthly rate shall be payable monthly on or after the first day of the following month".
Since NEFT facility is available for all days(24X7) and 31st October 2024 & 1st November 2024 being public holidays in some states and 2nd November 2024 and 3rd November 2024 being Saturday and Sunday respectively, we request you to kindly ensure processing of NEFT batch based on preparation and validation of pension voucher by OS Department so that pension gets credited on 1st November 2024 itself for all pensioners.
Kindly coordinate with F&A Department of your Zone for smooth processing of NEFT Batch.
Chief (OS)
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