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Wednesday, August 27, 2014

Some more light on pre-1986 retirees

The following is from CHARTER OF DEMANDS Booklet of AIRIEF presented & also discussed with top LIC management, COD: Our expectations:Health,Happiness & Harmony

1) i) Regarding Pre -1986 Exgratia Retirees, AIRIEF demands Liberal Medical Assistance (MA) per month on the pattern allowed by RBI, which has been constantly increasing this benefit knowing full well that they are the oldest & much above 82 yrs old.
RBI protected them from 1/6/2001 with small Rs.300pm, Rs.800 wef 1/7/2002,Rs1000/1200 from 1/2/2005 for Class III, Rs1200/1500/1800 for Class I Wef 1/4/08,MA pm Rs3400-5600 for Class IV -- Grade F/ED
How frequently RBI has done the revision speaks high of RBIs concern for all types of pensioners & exgratia retirees.
UCOBank has allowed Rs.5000pm for exgratia retirees as also widows same amount.

LIC must  understand that they have saved a lot by denying to legitimate demands all these years & years & so now must be unhesitatingly magnanimous.
Exgratia retirees is a closed cadre, many deaths have taken place, mortality will snatch away many. LIC should not be miserly. The number has dwindled considerably from 5500-----850

In fact, this small relief to exgratia retirees can be done by LIC top management itself. With such a calamitous decline because of so many deaths & such a small number alive & on records, wisdom should dawn & solution found. Spouses numbers stand at 2650app All India.

ii) Medical Assistance (MA) per month (MMA), ranging from Rs3000--5000pm, slightly less than RBI. It can be 
              
Upto Assts :Rs3000pm
HGA/DOs :Rs3500pm
AAO/AO   :Rs.4000pm
ADM/DM/SDM :Rs.4500pm
ZM & Above:Rs.5000pm
   

Already, these Elders, whom we must respect to the core, have already lost the battle. It was a pittance of Rs 300+DR they are getting, society looks to them with scorn, when nowadays Substaff gets such substantial pension. A Substaff now gets Basic pension at maximum grade Rs.7207, Commutation Rs.2402, so Existing BP Rs4805, DR  Rs 6119, in all Rs10,924. 
How much all pensioners spend on Health matters for consultation, medicines, special reports,dental treatment throughout the year, everyone knows.
Pre-1986 retirees, so old, will have plenty of ailments& even immobile.Year after year, there will be exits. The approximate outlay for exgratia retirees will be less than Rs 4 cr per annum, peanuts to LIC & LIC Outlay will, therefore, come down. We shall pursue the matter with the authorities.

iii)CG/State Govt retirees always got with successive Pay Commissions automatically.
Minimum Pension for CG has shot up to Rs3500 +DR
2) Exgratia retirees get Rs300 +DR2779+Rs1000 Cash Medical Benefit ie Rs4079pm
Spouses get BP Rs175 +DR1456 +CMB  Rs500 ie Rs2131. Latest revision has brought impact of DR extra for Spouse, some relief.
NOW from 21st July 2014 after latest revision Exgratia retirees get Rs350+DR 2912 +CMB Rs 1000=Rs4262pm.
Greetings,  R.B.KISHORE,VP, AIRIEF