Friends,
Our case came up in sup.court on 19th Oct '09 before the Registrar of Sup.Court. and it was adjourned to 26th Nov'09, since out of the four batch of petitions only one file was placed before the Registrar for orders and the other three files some how did not come up due to some clerical delay in Sup.Court. So orders could not be passed on those files and hence postponed to 26/11/09. The management has not yet filed their counter. We expect them to file the counter atleast by the next hearing.
with regards
nagarajan
Saturday, October 24, 2009
Sunday, October 11, 2009
Non credit of pension to National for September 09
Dear friends
The non credit of pension to National pensioners is clearly deplorable and that too in the month of festivals. We took up the matter with Head office and also directly with Lic and we are sorting out the problem. Before that i feel that all our friends should know the reason for delay.
Normally these ECS payments are done by Reserve Bank of India and for us it is through State Bank of India and Reserve Bank of India Mumbai. As usual our Kolkatta LIc has sent its list of pensioners who opted for Ecs to RBI in the first week of Sep itself.
You all should know that there are two types of ECS credits. one is banks coming under core banking ( who can operate all accounts through net banking throughout india.) and banks operating on non core banking style ( who have limited access to Computer)
Normally, till september, the LIC is sending the list of pensioners opted for ECS holding account of their pension with both core and non core banks together without any demarcation.
In the meanwhile the RBI Mumbai has sent letter to all the Banks and LIc to submit the list in seperate formats segregating the core and non core bank accounts as they have changed the format in their net working. But this letter came to the notice of LIC only in the first week of October because of the pooja holidays before which the RBI mumbai has rejected the early ecs credit request to lic noting their inability to give credit under ECS due to non submission of the segregated list of core and non core bank accounts of pensioners.
Once we came to know the problem on the 4th of this month, we mounted pressure on Head office and LIC and got sorted out the matter with SBI the credit for all the pensioners who have accounts in State Bank India. Whereas LIC could not convince RBI mumbai. Finally RBI mumbai relented and agreed to give credit to all the pensioners of Mumbai only, irrespective of the Bank whether it is core or non core.
For other states in the country the LIC is now preparing the segregated list of core and noncore bank account holders on war footing and trying to get pension credited atleast by next week.
We have already registered our protest with Head office Kolkata and also with LIc Kolkata and our representatives are in constant touch with Lic Kolkata. We got assurance from Kolkata LIC office to get the present problem solved within next week.
Hence please bear with the delay and don't be frantic in contacting the Kolkata LIc office as it will further delay the process. we have ceased off the matter and will put pressure on LIc to release the pension before the ensuing Deepavali Festival.
with regards
nagarajan
nisvrea
The non credit of pension to National pensioners is clearly deplorable and that too in the month of festivals. We took up the matter with Head office and also directly with Lic and we are sorting out the problem. Before that i feel that all our friends should know the reason for delay.
Normally these ECS payments are done by Reserve Bank of India and for us it is through State Bank of India and Reserve Bank of India Mumbai. As usual our Kolkatta LIc has sent its list of pensioners who opted for Ecs to RBI in the first week of Sep itself.
You all should know that there are two types of ECS credits. one is banks coming under core banking ( who can operate all accounts through net banking throughout india.) and banks operating on non core banking style ( who have limited access to Computer)
Normally, till september, the LIC is sending the list of pensioners opted for ECS holding account of their pension with both core and non core banks together without any demarcation.
In the meanwhile the RBI Mumbai has sent letter to all the Banks and LIc to submit the list in seperate formats segregating the core and non core bank accounts as they have changed the format in their net working. But this letter came to the notice of LIC only in the first week of October because of the pooja holidays before which the RBI mumbai has rejected the early ecs credit request to lic noting their inability to give credit under ECS due to non submission of the segregated list of core and non core bank accounts of pensioners.
Once we came to know the problem on the 4th of this month, we mounted pressure on Head office and LIC and got sorted out the matter with SBI the credit for all the pensioners who have accounts in State Bank India. Whereas LIC could not convince RBI mumbai. Finally RBI mumbai relented and agreed to give credit to all the pensioners of Mumbai only, irrespective of the Bank whether it is core or non core.
For other states in the country the LIC is now preparing the segregated list of core and noncore bank account holders on war footing and trying to get pension credited atleast by next week.
We have already registered our protest with Head office Kolkata and also with LIc Kolkata and our representatives are in constant touch with Lic Kolkata. We got assurance from Kolkata LIC office to get the present problem solved within next week.
Hence please bear with the delay and don't be frantic in contacting the Kolkata LIc office as it will further delay the process. we have ceased off the matter and will put pressure on LIc to release the pension before the ensuing Deepavali Festival.
with regards
nagarajan
nisvrea
Friday, September 18, 2009
Our meeting at Delhi
Friends,
Our Genl.Secty accompanied by Shri R.Kumar Asst.Treasurer went to Delhi on 14th Sep and stayed there till 18th, to have a meeting with our Advocate. We discussed about the recent introduction of another SVR Scheme for the Tariff Advisory Committee Officers by IRDA which had the extraw clause for payment of arrears and the judgement by Sup.court allowing 5 years notional credit to bank SVR Optees and their bearing on our case.
After thorough discussion, our counsel was postive in his response and said these cases will difinitely help us at the time of trial. He also assured us that the hearing on 19th October will be final at Registarar's Office and the next hearing will be only in Court and asked us to be prepared financially for fighting the case once the Transfer Petition is admitted.
We also had meeting with our counter part at Delhi and they assured us all financial help for fighting the case. We are thankful to Shri Dwivedi for his whole hearted support to us and also for the other office bearers of Delhi Unit.
We met the Chairman of Oriental Insurance Company Shri. Ramdoss and thanked him for immedietely implementing the direct payment facility on Mediclaim for OIC retirees. We further made our demand for inclusion of parents also and also for speedy implementation in National and New India.
Please note that the new SVR Scheme introduced in TAC has got a specific clause allowing the arrears, if the scheme is implemented during the course of implementation of the above scheme, Whereas this was denied to us.
We are vigilant and watching the developments and we are hopeful that wisdom will prevail upon our management to pay our legitimate dues.
with regards
nagarajan
Our Genl.Secty accompanied by Shri R.Kumar Asst.Treasurer went to Delhi on 14th Sep and stayed there till 18th, to have a meeting with our Advocate. We discussed about the recent introduction of another SVR Scheme for the Tariff Advisory Committee Officers by IRDA which had the extraw clause for payment of arrears and the judgement by Sup.court allowing 5 years notional credit to bank SVR Optees and their bearing on our case.
After thorough discussion, our counsel was postive in his response and said these cases will difinitely help us at the time of trial. He also assured us that the hearing on 19th October will be final at Registarar's Office and the next hearing will be only in Court and asked us to be prepared financially for fighting the case once the Transfer Petition is admitted.
We also had meeting with our counter part at Delhi and they assured us all financial help for fighting the case. We are thankful to Shri Dwivedi for his whole hearted support to us and also for the other office bearers of Delhi Unit.
We met the Chairman of Oriental Insurance Company Shri. Ramdoss and thanked him for immedietely implementing the direct payment facility on Mediclaim for OIC retirees. We further made our demand for inclusion of parents also and also for speedy implementation in National and New India.
Please note that the new SVR Scheme introduced in TAC has got a specific clause allowing the arrears, if the scheme is implemented during the course of implementation of the above scheme, Whereas this was denied to us.
We are vigilant and watching the developments and we are hopeful that wisdom will prevail upon our management to pay our legitimate dues.
with regards
nagarajan
Saturday, August 22, 2009
OUR CASE AT SUP.COURT
Friends
Our case came up for hearing on 13th Aug 2009 and the Registrar ordered for filing the Counter by the Management giving them 4 weeks time and adjourned the case to 19th Oct, 2009.
Now the management has more than 4 weeks time and we expect them to file the counter without fail before 4 weeks. We are also planning to meet the management for filing the counters at the earliest.
The other case, which is seeking pension for those who did not complete their 20 years and denied pension after opting for SVRS is coming up for trial on 24th Aug 2009 and Our advocates are representing the case. at Delhi. the case is numbered at 67 and we expect that to come up for trial.
Let our prayers be with our advocates and victory will be ours.
Mediclaim cash less payment for us is also progressing very slowly but we are putting maximum pressure and trying to bring the same in all the other three companies.
Our case came up for hearing on 13th Aug 2009 and the Registrar ordered for filing the Counter by the Management giving them 4 weeks time and adjourned the case to 19th Oct, 2009.
Now the management has more than 4 weeks time and we expect them to file the counter without fail before 4 weeks. We are also planning to meet the management for filing the counters at the earliest.
The other case, which is seeking pension for those who did not complete their 20 years and denied pension after opting for SVRS is coming up for trial on 24th Aug 2009 and Our advocates are representing the case. at Delhi. the case is numbered at 67 and we expect that to come up for trial.
Let our prayers be with our advocates and victory will be ours.
Mediclaim cash less payment for us is also progressing very slowly but we are putting maximum pressure and trying to bring the same in all the other three companies.
Sunday, August 2, 2009
OUR CHENNAI MEET
The Chennai members met on 1st Aug 2009 and exchanged views and was attended by more than 130 members. The meeting was chaired by Shri AG Gajapathy and presided by Shri V.Ravishankar and our Working President gave a nice speech to mobilise fund for the ensuing Sup.Court Case. General Secretary Shri. V.A.Nagarajan explained the present financial position and spoke about the achievements we made during these years. Many quieries were answered and the inter active session was so helpful and revealing with both the members and the dias participating and the meeting finally ended with HI-Tea.
we are eagerly waiting for the 13th Aug result from Sup.Court on Transfer Petition.
Our Association thank all the members participated in the meeting through this blog.
we are eagerly waiting for the 13th Aug result from Sup.Court on Transfer Petition.
Our Association thank all the members participated in the meeting through this blog.
Saturday, July 25, 2009
Executive committee meeting 20/07/09
Friends,
25 members of the Executive committee met on 20th July 09 and unanimously passed the audited accounts for the year 2008/09 and further decided to hold a get together meeting for the chennai retirees on 1st Aug 2009.
Further it was decided to tour all the moffussil centres and also the places other than tamil nadu in the near future to explain the members about the present position of the Case at Supreme Court.
Committees to work for the collection of subscription in different units and strengthen the finance of the Association.
25 members of the Executive committee met on 20th July 09 and unanimously passed the audited accounts for the year 2008/09 and further decided to hold a get together meeting for the chennai retirees on 1st Aug 2009.
Further it was decided to tour all the moffussil centres and also the places other than tamil nadu in the near future to explain the members about the present position of the Case at Supreme Court.
Committees to work for the collection of subscription in different units and strengthen the finance of the Association.
Saturday, July 11, 2009
SUP.COURT CASE
Dear friend
The review before the Regtr. of sup.court came up on 10th July and the good news is that the management has responded and all the notices were served and only the notice served to finanace ministry is not acknowledged. Hence we are taking all necessary steps to get the same done at the earliest. Now the Case is posted to 13th August and we hope to get a date for hearing on that day. We are alert and trying maximum best to bring the case for early hearing.
The initial effort we have made and the successful implementation of direct payment facility in United India has forced the other companies to follow suit and we are presssing them to the maximum extent to get the work done at the earliest. One such effort has become fruit ful in Oriental and the Management of Oriental was kind enough to pass the note and now it is left to the technical department to prepare the circular and we expect the same within a weeks time.
We also spoke to the management of National and New India and National has completed the process of discussion and preparation of note is in progress. New india will never lag behind and we expect them to follow suit.
Any sincere efforts will bear fruit. and ours is one such . HAIL NISVREA.11/07/09
The review before the Regtr. of sup.court came up on 10th July and the good news is that the management has responded and all the notices were served and only the notice served to finanace ministry is not acknowledged. Hence we are taking all necessary steps to get the same done at the earliest. Now the Case is posted to 13th August and we hope to get a date for hearing on that day. We are alert and trying maximum best to bring the case for early hearing.
The initial effort we have made and the successful implementation of direct payment facility in United India has forced the other companies to follow suit and we are presssing them to the maximum extent to get the work done at the earliest. One such effort has become fruit ful in Oriental and the Management of Oriental was kind enough to pass the note and now it is left to the technical department to prepare the circular and we expect the same within a weeks time.
We also spoke to the management of National and New India and National has completed the process of discussion and preparation of note is in progress. New india will never lag behind and we expect them to follow suit.
Any sincere efforts will bear fruit. and ours is one such . HAIL NISVREA.11/07/09
Subscribe to:
Posts (Atom)