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Monday, March 21, 2016

Revision of Family Pension



There is a long pending issue relating to family pensioners. Everyone knows that our family pensioners receive a pittance. Everyone also knows that the family pensioners of GOI and RBI are getting family pension at 30% of the basic pay reckoned for pension of the retired employee. Some senior leaders have tried in the past but without success in getting the family pension increased on par with GOI/RBI.

In a meeting held with the leaders of AIRIEF, the Management expressed (inability) that the revision/updation of family pension at 30% requires amendment to Pension Rules. The Management says the revision requires Government's approval. It also requires issue of government notification under Sec.48 of the LIC Act, 1956. But, unless the matter is initiated with the GOI and moved, pursued seriously, majority of family pensioners would not get increased pension in the immediate or near future.

There are few successful bidders. It is in the hands of persons like Shri C.H. Mahadevan, who are held in high esteem by those at (the helm of affairs) the Central Office. His letter, his requisition, about two months back, regarding payment of enhanced premium received a positive response and prompt action by the office. He received a few words of praise from some quarter.

A simple request : Shri. Mahadevan may take the up the matter with higher ups. He is not going leave things half done. Nothing succeeds like success.

Incidentally, there is need to boost the sagging morale and to awaken the insipid inner spirit of the family pensioners and (old) pensioners. It is possible only by rekindling the fire of hope within their hearts. May God bless.


SN ( a 1992 pensioner)