* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

               
                                   

Saturday, December 29, 2012

LIC CLASS I OFFICERS ASSOCIATION MEETS ED(P)





Refixation of pension for officers with first of calendar month as their date of birth:-  Director (P) indicated that payment of one month's salary was under active examination.  It therefore follows that if a decision is taken, the consequential refixation of basic pension can also be expected soon.

Refixation for retirees of the period 1-8-1992 to 31-3-1993:-  The management is examining the matter and it might take some time for a decision to be taken.

Medi-claim:-  The grant of floater cover is under active consideration and LIC is in touch with the General Insurance Companies.  On the question of reimbursement of domiciliary treatment expenses, the Director (P) explained that a special fund may have to be constituted about which no decision has been taken so far. The management is considering recovery of medical premium by 12 monthly installments instead of recovery in 3 or 4 months as is being done at present.

Pre-1986 retirees/family pensioners:- Some additional monetary grant for this category is under active consideration.

(RIGHT TO INFORMATION !  Pensioners have a right to information to know what pensioners' associations are discussing with management. Different associations may be discussing the SAME  points.  We have a policy of neutrality in publishing the details of discussion.  - EDITOR)