Monday, 27 July 2015

Wage Revision in LIC and GIPSA 2015 Update

Recent Update: Finance Ministry has issued the Gazette Notification vide GSR nos. 28 (E) to 32 (E) dated 14.1.2016 for Wage revision in LIC effective from 1.8.2012. (The same wage structure will apply for GIC employees also but their notification will be published separately within one week.)


Thursday, May 21, 2015
Unions in LIC come together
A joint meeting of the Unions / Associations in LIC was held on 14th May 2015 i.e. Thursday at Bengaluru to discuss the issues of wage-revision, one more option for pension and other allied matters. The unions which participated in this meeting were NOINO, Class-I Federation, NFIFWI, AIIEA, Class-III Federation, BVKS, NOIW(BMS) & NOIW. Other unions also joined subsequently.
The meeting unanimously decided to fight unitedly to achieve a decent wage-revision and offer of one more option for pension. It was decided to address a joint letter to the Chairman, LIC on the issues which was written and signed by the participating unions then and there. The unions also released a joint statement on 18.05.2015 requesting all Officers, Development Officers and Employees of the Corporation to participate whole heartedly in the agitational programmes as chalked out by the unions jointly. As per decision, one day strike will be observed in July 2015 preceded by conventional programmes. The actual date of the strike will be decided later on.
Tuesday, June 16, 2015
Joint Front – Programmes of agitation
A joint call has been given by unions to observe following programmes of agitation to press the (LIC) management for early settlement of a reasonable wage-revision and allied matters:
17th & 24th June 2015 : Lunch-hour demonstrations before all offices
1st July 2015 : Badge wearing and Lunch-hour demonstrations
7th July 2015 : Lunch-hour demonstrations
8th July 2015 : One day strike
Vide their joint appeal dated June 10, 2015; the unions have requested all classes of employees to participate in above programmes of agitation very actively and make the programmes very successful so that a decent wage-revision (etc.) and another pension option can be achieved.
Strike of 8th July deferred
As per decisions taken earlier by joint front of unions in LIC, officers and employees were to go on one day strike on 8th July 2015 besides other agitational programmes to secure a good wage revision and one more pension option.
On 29th June 2015, LIC management wrote to unions requesting them to withdraw the July 8 strike as they (the management) were making all out efforts to get the approval of the government for an early and satisfactory wage settlement.
The unions considered the request of the management and came to unanimous decision to defer the proposed strike (on 8th July) in view of management's positive response.
The unions will meet again later in the month of July to review the developments and plan for the next course of action.
However, it has been decided to hold demonstrations during lunch recess and submit a memorandum by the delegation of all Zonal leaders of the unions to the Zonal Managers on 8thJuly 2015 impressing upon the need for an early settlement of wage revision and other allied issues.
Tuesday, July 7, 2015
NOINO meets ED(Personnel)
A NOINO delegation led by Shri Dattaraj Prabhukhanolkar, GS and Shri Ganesh Kamath, Chief Advisor met Shri Neeraj Agrawal, ED(Personnel) on 6.7.2015. Smt. Trupti Brahme and Smt. Neeta Prabhavalkar, both NOINO EC members were also present.
We discussed following issues along with particular individual cases.
1. One more option for pension :- We once again raised this issue & enquired about the status of this long-pending demand repeating all our arguments in favour of settlement of the issue. ED said that till now the management was NOT successful in convincing the concerned authorities but would continue its efforts.
2. Wage revision :- We conveyed the resentment & frustration prevailing in the minds of all (officers and) employees due to delay in the negotiations. We appealed management to expedite the talks and come with proposal as per expectations of the employees.
We also opposed the linkage of our wage-revision with that of Banks and reiterated our demand to pay as per paying capacity of LIC.
ED promised to once again take up the issues with Govt of India for early negotiations & settlement.
3. Anomaly in fixation after computer increment :- NOINO is the only union who has been raising this issue and following up the same vigorously. The details were discussed and ED assured to look in this issue and address it in near future by whatever possible means.
4. Five days' week :- We once again raised the voice of all employees to implement 5 days’ week (ALL SATURDAYS & SUNDAYS OFF) in LIC. It was brought to the notice of the management that other insurers(GIC) enjoy this benefit since long. ED assured to pay attention on it favourably.
5. Sabbatical/ Child care leave ;- We once again raised this issue. ED has assured to put up this before the Board and get it approved at the earliest.
NOINO assures to follow up the issues regularly and force management to take decisions in favour of employees. It also appeals to all employees to co-operate & participate whole-heartedly in the Joint Front programmes.
Friday, July 10, 2015
A NOINO delegation led by Shri Prakash Javadekar, Union Minister & President, NOINO met Shri Amit Shah, President, BJP yesterday i.e. 9th July evening at 4.10 pm at Bandra, Mumbai. Shri Javadekarji was accompanied by Shri Ganesh Kamath, Chief Advisor, NOINO & Shri Ketan Purandare, All India EC member, NOINO.
The delegation basically drew Shri Shah's attention to two points – viz. delinking of Insurance Industry from that of the Banking Industry, particularly with regards to wage-revision & the attitude of the officials in the Finance Ministry who were blocking the legitimate demands of LIC employees. We urged him to intervene in this matter.
The delegation also handed over a memorandum which contained our demands relating to:-
1. Wage revision commensurate with LIC’s paying capacity,
2. One more(final) option for pension,
3. 5 days week (all Saturdays & Sundays off), and
4. Anomaly after computer increment.
Shri Amit Shah listened to us patiently. He recalled his association with LIC when he was a crorepati agent. He also assured the delegation to look into the issues raised by it.


JULY 28, 2015
Joint Forum of Unions in LIC met at Mumbai today the 28th July, 2015 and decided to observe the following programme of action to realise Wage Revision and one more option to join 1995 Pension Scheme.
1. Letter to the Chairman signed by unions to commence wage negotiations and settle the same to the satisfaction of employees.on 1 St August 2015.
2.Lunch hour demonstrations on 5th August before all offices
3.Lunch hour gate demonstrations on12th August and NO WORKING AFTER OFFICE HOURS from that date.

4. Lunch hour demonstrations
ON 19th August, 2015.
On 19th August the Joint Forum of Unions will meet at Mumbai to decide further programme of agitation with a perspective of 1 day strike and Intensification of agitational programme there after.
Dattaraj Prabhukhanolkar


Update on August 3, 2015

August 5, 2015

***NOINO delegation visits Delhi to break deadlock on wage-revision***
Continuing its efforts, today, on 5th August 2015, a NOINO delegation led by Shri Prakash Javadekar, Union Minister & President NOINO met Finance Minister Shri Arun Jaitley to break deadlock on wage revision and one more option for pension.
The delegation consisted of Shri Ganesh Kamath, Chief Advisor, Shri Dattaraj Prabhukhanolkar GS along with Shri S. K. Saini, EC member & Shri Yashpal Singh, Zonal Secretary, NZ unit.
Meeting was essentially an attempt to break the stalemate on the wage revision & the pension option issues. We have expressed emphatically that LIC employees deserve a wage revision that is commensurate with its paying capacity. We firmly expressed our opposition to our linking with the banking industry. Jaitleyji patiently heard us & assured to look into the matter. The delegation also submitted memorandums on the issues of 5 days' week & anomaly after computer increment.
The delegation also met Amitji Shah, President BJP once again(after our meeting on 9th July) as in the previous meeting he had invited us to Delhi for further talks. We once again urged Amitji to ensure the delinking of LIC from the Banking Industry as also to reign in the bureaucrats who were scuttling the just demands of LIC employees.
Detailed circular follows.
NOINO will continue to make efforts to resolve the pending issues of the LIC employees. We also appeal to all the employees to follow all the agitation programmes given by the joint front
Dattaraj Prabhukhanolkar

August 10, 2015

Dear friends,
CONFED Units met GIPSA Chairman Sri.G.Srinivasan on 7th August 2015 at New India Head Office, Mumbai to discuss various issues pending regarding Officers Community. The major issues discussed were:
1. Wage Revision : At present the Offer of 15% given to us is in line with the Banking Sector. It seems that it will be with conditionality of similar settlement , i.e., merger of DA with Basic, 2% revision and balance through Fixed allowance. Alternatively, we have the option of accepting 12.5% revision as in LIC, with freedom for fixation of Basic within the overall Cost. Chairman said GIPSA is working hard to break the ice and secure further improvements. We are hopeful of some movement in the issue shortly.
2. Pension : Another option for pension was discussed. We have asked for parity with the Banking sector by allowing option to join Old Pension Scheme to Officers who joined upto till 31st March 2010. Issues like Pension is a Social security measure, Capacity of companies to absorb the outgo, assurance of GIPSA to consider the issue during last Wage Settlement etc were put forth. Though the proposals have not been completely rejected, it may not be an easy task to achieve it. CONFED has made it clear that it will not be willing to take up the issue after Wage revision, but One more option for Pension is a precondition before Wage revision this time.
Friends , we may have to be prepared for a long struggle to achieve our demands on proper Wage revision and Pension rather than rushing into a settlement , which may have long term negative impact.
Other issues discussed include:
1. Gazetting of NPS : GIPSA Chairman confirmed that the NPS Gazette will be done shortly and is held due to only procedural delay. It can be expected anytime now.
2. Guidelines for Posting of Women employees : As per Ministry advisory for Women employee transfers, we have demanded immediate issuance of guidelines. We have also submitted a copy of our inputs on implementation of the Ministry's guidelines to Chairman, GIPSA. Chairman assured to study our inputs and look into the issue.
3. Amendments to Promotion policy : We have demanded that pending Promotion amendments may be taken up including delinking GIC from other companies in promotions, Minimum seniority in Fast track, relook into Inter se seniority marks etc.
4. Non-core benefits : We demanded that Non-Core benefits introduced in LIC to be implemented in GIPSA companies also, especially, Lunch Coupons and Education loan for higher education of Children of employees.
5. Revision of lease rental limits : GIC and New India have revised lease rental limits for Mumbai City. While demanding similar raise in other GIPSA companies at Mumbai, we requested that lease limits may be increased in other centres also.
6. Recent guidelines of United India for promotional postings : We understand United India H.O. has sent a mail to Regional Incharges detailing guidelines for sending their recommendations for promotional postings/TMP postings. H.O. has also asked for a list of Officers, either promotee or non promotee, who have completed more than 5 years in the same location, in the said mail. On taking up the issue with Chairman, GIPSA, he denied knowledge of any such development and said that it could be a Company specific guideline which needs to be taken up with United India Management. He however said that Ministry/CVC have been putting pressure for quite some time to shift Officers who are serving in the same location for more than 5 years. We shall take up the issue with United India Management for uniform implementation of TMP in all GIPSA Companies.
6. Several other issues like uniform guidelines for takeover of Housing Loan availed by employees from other institutions, Re-introduction of Subscription collection through Salary, Sabbatical leave, to begin with for studying Insurance related courses, unhealthy competition in Health Insurance among GIPSA companies and measures to control the underwriting and losses, incentives/benefits for Officers handling Motor Third Party Claims in order to attract better talent and ensure loss control were discussed.
GIPSA Chairman has assured to look into the issues and asked CONFED to submit detailed papers on some issues, which shall be done shortly. We shall keep you updated on the developments.

LIC employees wage revision talks Update:
Tuesday, September 29, 2015
Unions' meeting concludes
The meeting of Joint Forum of unions in LIC met today the 29th of September 2015 at Pune and decided the following programme of action to realise satisfactory wage revision and one more option for pension:
1) Lunch hour demonstrations 6th and 13th October, 2015.
2) ONE DAY STRIKE ON 14 th October, 2015.
3) Lunch hour demonstrations on 16th & 18th November, 2015.
4) TWO DAYS strike on 19th and 20th November 2015.
Please note that the earlier call of no work after office hours continues.
Their wage revision was due from 01.08.2012.
It is more than 38 months! another 22 months left!
Bank Unions will now say that ours is better than LIC!!

LIC Wage Revision - Management calls Unions, Agitation Suspended

Saturday, October 10, 2015

LIC management has called NOINO and all joint front constituents for final discussion on wage revision. The talks are at Mumbai on 16th & 17th October 2015.

In view of above invitation for talks, it has been decided by all constituent unions in Joint Forum to suspend the current agitational programmes (including strike action on 14th October 2015).

LIC wage-revision

Friday, October 16, 2015

LIC management offered 13.5% rise on Basic Pay after DA merger as on 01.08.2012. Net rise will come to much higher in percentage.  In the face of stiff opposition from the government, the issue of one more option for Pension is delinked from the wage issue. It will be pursued separately.

Management also offered 5 days' week.

As scheduled, the discussions on Wage-revision were held today, i.e. on 16th October 2015 at Mumbai. The management was represented by the Chairman Shri S K Roy, all the three Managing Directors & the officials of Personnel department.

NOINO was represented by Shri Dattaraj Prabhukhanolkar, All India GS, NOINO; Shri Y N Murthy, All India Joint Secretary, NOINO; & Shri R Dhayalan, Zonal Secretary, NOINO SZ unit.

The Chief(Personnel) Shri Prakash Chand took stock of the situation. He lauded the role of the Chairman & our MD Smt Usha Sangwan in the wage-revision issue.
Thereafter, Smt Usha Sangwan, Managing Director spoke. She stressed on the need of a better professional approach; setting higher benchmarks in customer service etc.
Thereafter Shri V K Sharma, Managing Director, spoke. He stressed on the importance of agency retention. He also spoke on the issues of Market Share of LIC & the growth of New Business.
Shri S B Mainak, Managing Director expressed concern over the reduction in accounting surplus.
Thereafter, the Chairman spoke. The Chairman in his speech covered the following points:-
** We all have put our best efforts during these hard times & expressed confidence that this teamwork will help facing the future challenges
** Only thing permanent is ‘Change’
** Degrowth of 41% in policies & 10% in FPI as on 31.3.2015
** Achievement to budget was only 55% on policies & 82% on FPI.
** Total income crossed 4 lakh crore; Asset base crossed 20 lakh crores
** Claim settlement 99.77% as on 31.3.2015.
** Adoption & use of technology is the need of the hour
** Transfer & Mobility policy & Biometric Authentication (for eFEAP) to be applicable from 1st April 2016.
Thereafter the ED(P) gave the wage-proposal. Following are the salient features of the proposal(for Class I Officers):-
• Rise of 13.5% in Basic Pay after 100% Merger of DA in old Basic as on 1.8.2012.
• Rate of DA 0.10%(Old---0.15%)
• HRA---A Class cities---10% of Basic Pay. Maximum 5200; B Class----8%. Maximum 4320; C Class---7%. Maximum 4200.
• CCA—A Class cities---3% of Basic Pay. Maximum 1275; B Class----2.5%. Maximum 1210; C Class---2%. Maximum 930.
• Transport allowance—1300(Old 800).
• Cash Medical Benefit—upto Basic 60165---- 13000; above 60165-----19440.
• PG 1 Allowance—1120(Old 680)
• Audit allowance---1405(Old 850).

The Joint Session ended there.

After the joint session in the morning, NOINO had separate discussions with the management on wage-revision & other allied issues. The Management was represented by Shri Niraj Aggarwal, ED(P); Shri Prakash Chand, Chief(P); Shri Judhajit Sen, Secretary(ER) & other officials of the Personnel department.
In addition to the three representatives in the Joint session, NOINO was represented by Shri Pulak Dey, All India Working President; Shri Vishwas Shastri, All India Organising Secretary; Shri Ganesh Kamath, Chief Advisor; Shri Sanjay Ramdasi, All India Treasurer, Shri Ketan Purandare, All India EC member; Smt Neeta Prabhavalkar, All India EC member; Smt Saroj Kurdukar, WZ EC member; Shri Brahmesh Hardikar, WZ EC member.
The following points were discussed/raised:-
1. We submitted that apparently the offer was good considering the circumstances & would give our considered opinion after studying the proposal in detail. 
2. Running scales/Increase in time scale/Grade Pay:- We submitted that due to stagnation & limited opportunities in promotion, running scales were the need of the hour. The management said that it was not feasible. We also insisted that at least there should be increase in Time scale. On this, the management responded positively & said that they would consider doing it in the cadre where there were maximum stagnations. It was not positive on Grade Pay.
3. No ceiling on HRA/CCA limit:- Management said that it was not feasible since from the total outlay, maximum amount has been adjusted towards increase in Basic Pay.
4. Allowance for professional/Technical qualifications:- Management was positive on the same & said that this issue was under active consideration.
5. Increase in Transport allowance:- We demanded Petrol Re-imbursement. Management was not positive. Thereafter, we demanded increase in Transport Allowance to at least 2000. Management said they would examine the issue. 
6. Cash Medical benefit:- We demanded that the benefit should be equal to all to the tune of Rs 25000. Management said they would examine the issue.
7. Protection of Salary on promotion on posting from CCA centre to non CCA centres:- Management seemed to be positive on this issue & noted the point.
8. In-charge allowance:- We once again demanded In-charge allowance. Management seemed positive on this issue & noted this point.
9. One more option for pension:- We expressed our bitter disappointment over the failure to achieve success on this issue. Management assured that this issue was not closed from their side & they would continue to pursue it.
10. PLLI:- We inquired about the status. Management replied that it was pending for sanction with the government & also said that it would be granted on the current pay-scales instead of old pre-revised scales. This would result in substantial increase in the PLLI. We stressfully reiterated our earlier demands of uniform PLLI for all & simplification of parameters. After our insistence, Management agreed to examine the issue of uniform PLLI.
11. Anamoly after computer increment:- This demand has been raised by NOINO since long. The management replied that the demand was genuine; however, the concerned authorities in the Finance department were not positive on this.
12. 5 days week:- We enquired about the implementation part. The management replied that increase in working hours & curtailment in leave may possibly be in the mind of the government if we demand parity with GIC. We strongly resisted any curtailment of leave & only proportionate increase in working office hours. Management said that they would discuss the modalities with the Government & then discuss with the unions.
13. Increase in PL to 300 days:- Management said that it was considering to increase it to 270 days.
14. Encashment of PL:- We demanded increase in encashment of PL to 30 days in a block of two years. Management said that it would examine the issue.
15. Acceptance of cash not beyond cash hours;- We gave the example of a bank which recently issued a circular prohibiting the acceptance of cash beyond working hours. We stated that the cash hours & working hours were the same in Banks, hence this principle should be applied in LIC too to avoid Late sitting to some extent. Management said that it will examine the issue.
16. Restriction of timings of enquiry:- Management has noted this point.
17. Group Insurance Scheme for all outstanding loans & advances:- Management was positive on this issue & noted this point.
18. Child care leave/Sabbatical leave :- Management said that this issue was under active consideration.
19. Increase in Housing Loan:- Management was positive on this issue & said that Housing Loan would increase manifold.
20. Technical allowance to be considered for fixation on promotion from development officer to ABM(S) :- Management has noted this point.
21. LTC:- We demanded simplification of rules; encashment & airfare for Class I officers; Benefit to both Husband & Wife working in LIC. Management said that they were examining all these issues with a positive frame of mind.
22. Timely Settlement of wage-revision:- We submitted that every time wage-revision is settled with a considerable delay. We demanded that the talks on wage-revision should commence before it is due & should be settled in time.

NOINO will continue to pursue the pending issues.

Highlights of Cl I Officers' Wage Revision :
1. DA from 0.15% to 0.10%
2. HRA: Max.
A Class city(10 % ) - from 3200/- to 5200/-
B class city(8%)- from 2700/- to 4370/-
C Class city(7%)- from 2600/- to 4200/-
3. CCA: Max.
A Class city(3%)- from 800/- to 1275/-
B class city(2.5%)- from 760/- to 1210/-
C Class city(2%)- from 590/- to 930/-
4. Transport Allow:
From 800/- to 1300/-
5. Cash Medical Benefit:
From 8000/- to13,000/-
From 12000/- to 19440/-
6. PG 1 Allow: 680/- to 1120/-
7. Audit Allow: 850/- to 1405/-

LIC wage-revision

Friday, October 17, 2015

GIPSA wage-revision

Friday, October 17, 2015

In my earlier post I have given Pay-scale table of LIC employees, GIPSA employees treat AAO(LIC) scale applied to AO-(GIPSA) other
90% benefits will be same for GIPSA employees. New GIPSA-AO- Gross salary will be about Rs.47000/-.

October 17, 2015

October 29, 2015

"Wage talks" on October 29: GIPSA offered pay scales similar to LIC. Merger of DA at 4708 points. Unionwise discussions to be held at Hyd on 4th Nov.
Offer is same as per LIC 13.5% Other discussion is going on.
Further round of Wage Talks may held at Hyderabad :
4th Nov : Class 3 & Class 4
5th Nov : Class 1
6th Nov : Class 2
GIPSA is planning to place the proposal before Ministry by 10th November.

Standing Committee (General Insurance), 309, Sadguru Complex, Basheerbagh, Hyderabad 500063
Cir.No. SC/07/2015 29th October 2015
To all the State/Regional units:
Dear Comrades,
 Wage talks at Mumbai on 29th October
 Deadlock broken
 GIPSA offers pay scales and allowances similar to LIC.
 AIIEA welcomes the offer & demands improvements.
The negotiations on wage revision commenced as scheduled today (29th October) with a joint
session of all check off qualified unions. The Management was represented by Shri
G.Srinivasan, Chairman, GIPSA & CMD, New India, Dr.A.K.Saxena, CMD, Oriental, Shri
Milind Kharat, CMD, United India, Shri M.Vasantha Krishna, Director & GM, National, Shri
K.Sanath Kumar, Acting CMD, GIC-Re, Shri A.K.Singhal, Advisor, GIPSA, Shri
K.Govindarajan, CE, GIPSA, General Managers (Pers) of all the companies and GIC-Re
besides other officials of GIPSA.
AIIEA was represented in the joint session by Com. J.Gurumurthy, Vice President, Com.
K.V.V.S.N.Raju, Secretary, Standing Committee.
After the formal welcome address by Chief Executive, GIPSA, the Chairman, GIPSA
addressed the joint session. He congratulated the employees for their contribution to the
excellent performance of the four GIPSA member companies for the past four years
continuously. He said that the management has been conscious of the aspirations of
employees and the management has done their best to secure a decent and dignified
package on wage revision. He said that the management is offering the best possible wage
revision in the most difficult circumstances and wanted the unions to appreciate. Then he
requested the Advisor, GIPSA to present the offers to the unions.
Shri A.K.Singhal, Advisor, made a power point presentation of the details of the
management’s offer on scales of pay and other benefits. The offers on pay scales etc. are
broadly at par with what were offered in LIC (Details of the offers are circulated separately).
Then the unions were asked to give their preliminary reaction to the offers.
OPENING the initial reaction of Unions, Com J.Gurumurthy, Vice President, first responded
on behalf of AIIEA.
• AIIEA welcomed the offer and demanded improvements in allowances and other benefits.
• Demanded restoration of Graduation increments in Assistant cadre to retain talent and arrest
• Wanted food coupon facility, increase in loans & advances and introduction of Education
Advance & 4wheeler advance.
• Conveyed disappointment over non-clearance of Pension option and pressed for continued
efforts to get Pension option.
• Demanded Improvements in existing pension scheme -- increase in minimum pension,
family pension, 100% DA for pre-1997 retirees & domiciliary medical benefits.
• Highlighted the need to tackle the problem of stagnation -- introduction of running scale.
• Increase in EL accumulation, introduction of Paternity Leave, Special leave for women
employees and Child Care leave.
• Improvements in LTC & facility of encashment.
• PLLI: Demanded restoration of the earlier gazette notified PLLI and recast the same to make
it objective so that it is paid to all based on overall performance of companies.
• Organisational Agenda should be delinked and wage revision should be independent of
We wanted the management to arrange for exclusive discussions with full team of unions on
these and other related issues so as to ensure early finalisation of the Wage revision.
Shri Singhal while responding to the preliminary observations of the unions said that the
unions would be called for individual unionwise discussions at Hyderabad from 4th to 6th
November, 2015. Accordingly, AIIEA has been invited for the discussions on 4th November
from 10 am to 11.30 am when we will be making a detailed representation on improvements
sought for.
The CMDs of the companies and GIC Re briefly intervened to express their happiness on the
constructive suggestions given by unions. Thereafter, Shri G.Srinivasan, Chairman, GIPSA
concluded the discussions saying that the management has noted down all the points raised
by the unions and assured due consideration.
On the demand for one more option for pension, both the Chairman and Advisor, GIPSA
shared the concern of the management on lack of headway. They assured that their
commitment on this issue remains unabated and all serious efforts from their level would
The Secretariat of Standing Committee (General Insurance), AIIEA, will meet at Hyderabad on
3rd November, 2015 prior to the individual discussions with GIPSA on the following day.
With greetings,
Comradely yours,

November 5, 2015

After the individual meeting with UIIOA, Joint Meeting was held with all CONFED Units. GIPSA has agreed to positively look into the following issues :
1) Revision in HRA/CCA ceiling 2) Education Loan as per LIC 3) Revision in Transport allowance 4) Tenure of vehicle loan for Admn.side to be reduced from 10 yrs to 5 years 5) Written commitment to be given by GIPSA to pursue One more option for Pension. 6) NPS Notification to be issued alongwith wage notification.

November 6, 2015

Final round of discussions on wage revision with NIAOA. GIPSA has agreed to positively look into the following issues :
(1) Revision in HRA/CCA ceiling (2) Education Loan as per LIC (3) Revision in Transport allowance (4) Increase in vehicle loan for Admn.side and provisio n for availing 2nd car on completion and repayment of bal loan after 5 years. (5) Enhancement of vehicle limits and petrol limits for mktg officials(6) Written commitment to be given by GIPSA to pursue One more option for Pension with govt from April 2016 after budget session. (7) NPS Notification to be issued alongwith wage notification. (8)Increase of Leased rent limits for all cities. On TMP retention of leased accommodation at original place of posting. (9) Amendments to Staff Mediclaim. NIAOA submitted suggestions. (10) Female spouse joining cases to be considered favourably. Entire pay revision exercise to be completed by mid Jan 2016. HAPPY DEEPAVALI & A PROSPEROUS NEW YEAR TO ALL.
Detailed circular follows - NIAOA

November 12, 2015

Dear friends, Mr A K Singhal, Advisor, GIPSA telephonically informed us that wage revision proposals for GIPSA Member Companies have been submitted to the Fin Ministry on 12th November 2015 maintaining the time line promised by them during meetings with the checked off qualified Assocn / unions at HyBad. This is for information of all concerned. Regards Girish Khurana Convener _Joint Forum. The arrears are expected in January 2016.

December 23, 2015

We reliably learnt that the Finance Minister has approved the wage revision in LIC and GIC. The file has to go now for legal vetting by the Law Ministry. All efforts are being made for early notification. Most probably by the end of December, we will get the notification. New salary in the month of January. And arrears will be paid by the end of January.

January 14, 2016

Finance Ministry has issued the Gazette Notification vide GSR nos. 28 (E) to 32 (E) dated 14.1.2016 for Wage revision in LIC effective from 1.8.2012. (The same wage structure will apply for GIC employees also but their notification will be published separately within one week.)


Cir.No.3 / 2016 15th January, 2016
All the Zonal/Divisional/State/Regional Units
Dear Comrades,
Wage Notification Issued in LIC
Administrative Instructions for payment being issued
We are happy to inform that the Finance Ministry has issued the Gazette Notification vide GSR nos. 28 (E) to 32 (E) dated 14.1.2016 for Wage revision in LIC effective from 1.8.2012. The Administrative instructions are being issued for payment of the arrears. The program for arrears’ calculation has been sent to the Offices. Thus the successful struggle for wage revision has reached its finality and the fruits of the struggle will start flowing to the employees. We congratulate the employees for reposing their unflinching faith in the organization to deliver them a good wage revision.
The Finance Minister has cleared the wage revision for General Insurance. It may take a little over one week for the notification for General Insurance. The Notification for 5 day week in LIC will also take some more time.
We had informed earlier that LIC has recommended some more improvements over the offers made on 16th October 2015 following discussions with AIIEA. The improvements are as follows:
Sweeper: Max Basic Pay has been increased to Rs. 21075 from earlier Rs.21005 and the max increment is raised to Rs.600 from Rs.595.
Peon: Max Basic Pay has been increased to Rs. 22150 from earlier Rs.22080 and the max increment is raised to Rs.745 from Rs.740.
Driver: Max Basic Pay has been increased to Rs. 26540 from earlier Rs.26445 and the max increment is raised to Rs.745 from Rs.740.
R.C.: Max Basic Pay has been increased to Rs. 29785 from earlier Rs.29700 and the max increment is raised to Rs.915 from Rs.910.
Assistant: Min. Basic Pay has been increased to Rs.14435 from Rs.14430 and the Max Basic Pay has been increased to Rs. 40080 from earlier Rs.39915 and the max increment is raised to Rs.1610 from Rs. 1600.
Steno: Min. Basic Pay has been increased to Rs.18135 from Rs.18115 and the Max Basic Pay has been increased to Rs. 44910 from earlier Rs.44715 and the max increment is raised to Rs.1610 from Rs.1600.
H.G.A.: Min. Basic Pay has been increased to Rs.21655 from Rs.21620 and the Max Basic Pay has been increased to Rs. 50140 from earlier Rs.49925 and the max increment is raised to Rs.1610 from Rs.1600.
HRA CEILINGS: The limits have been increased to Rs. 5320; 4490; 4370 from Rs.5200; 4370; 4200 for A; B; C class cities respectively.
CCA CEILINGS: The limits have been increased to Rs.1055; 990; 850 from Rs. 1000; 935; 800 for A; B; C class cities respectively.
Transport Allowance: This amount has been increased to Rs. 460 from Rs. 440.
Medical Benefit lump sum: Enhanced to Rs. 6650 from Rs.6000.
Special Allowance for passing examinations:
Licentiate : Enhanced to Rs. 340 from Rs.330
Associate ship : Enhanced to Rs.925 from Rs.915
Fellowship: Enhanced to Rs. 1585 from Rs.1575
Similarly other exam allowances have been enhanced on similar basis.
The wage revision struggle was an intense political battle. The AIIEA could secure a very good wage revision in the most difficult political and economic environment. Some issues still remain pending like another pension option. We also have to resist the Transfer and Mobility Policy. Therefore, it is necessary to further strengthen the AIIEA both financially and ideologically. We once again congratulate the insurance employees for the magnificent achievement.
With greetings,
Comradely yours,
V Ramesh
General Secretary

Status of Wage Revision for employees of GIPSA Companies.
Copy of GIPSA's communication dated 14 Jan 2016
The Principal Office Bearers of All Check off Qualified Unions/Associations,
Dear Sir,
We had informed you earlier of our having approached the Government with the mandate received from the Governing Board for Wage Revision of employees of GIPSA Companies after taking into account the inputs received from all of you in our interaction held at Hyderabad from 4th to 6th November, 2015.
Our reference to the Government was submitted on 12th November, 2015 and as per the information gathered by us, we understand the Hon'ble Finance Minister has since approved, in principle, the proposal placed before him in this regard.
The process of Notification shall now begin and, as per our past experience, is likely to be concluded within 2 weeks hereof.
We would keep you informed of further developments in the matter as and when found appropriate.
A.K. Singhal
General Insurers' (Public Sector) Association of India

January 19, 2016

Dear Comrade,
GIPSA Governing Board meeting is taking place today at Goa. AIIEA has sent a mail to Chairman, GIPSA on the issues raised during the wage negotiations. Text of the mail is appended below:
"Dear Sir,
Re : Issues discussed during Wage negotiations on 29/10/15 & 4/11/15.
We wish to bring to your attention on the following issues raised during the wage negotiations held on 29/10/15 & 4/11/15.
1) Expedite the process of Wage Notification & release of arrears.
2) One more option for Pension: Pursue the issue with Govt after wage notification.
3) Introduction of the facility of Meals Coupon.
4) Increase in EL accumulation, Introduction of Paternity Leave, Spl leave for women employees & Child Care leave.
5) Improvements in LTC & facility of encashment.
6) Improvements in 2-Wheeler Loan, Introduction of Education Loan, Increase of Natural Calamities Advance to Rs.50,000/- .
7) PLLI: Restoration of the earlier gazette notified PLLI & recast the same to make it objective so that it is paid to all based on overall performance of Cos.
8) Discsn on improvements in the promotion policy of Class III & IV.
8) Women empls' transfers on spouse grounds.
Thanking you,
(Sd/- K.V.V.S.N.Raju)
Secretary, Standing Committee (GI) AIIEA.

Update - January 23, 2016

Dear Friends, please find herewith the e-mail from GIPSA.
"The notifications for Wage Revision of employees of our member companies and GIPSA has today been signed by the Jt Secy (Insurance) and fowarded thereof in the Gazette of India Extraordinary. After its numbering it is expected to be published in the Gazette within next 24 hrs and shall be available on the website for your access.
Pre-publication copies of Notifications attached with the mail

Download GIPSA Wage Revision Pre-Publication Copy

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