FULL SUBSIDY ON PREMIUM UNDER GMIS OF LIC PENSIONERS

[MOHAN P]

LIFE INSURANCE CORPORATION OF INDIA 

CENTRAL OFFICE

Dept:Personnel/ER

Cir. No: CO/PER/ER-A/363/202558

"Yogakshema", Jeevan Bima Marg, Mumbai-400021

6th August, 2025

ALL OFFICES OF THE CORPORATION

Re: Subsidy under Group Mediclaim Scheme

At present, in service and retired employees are eligible for 75% subsidy in premium of basic cover, i.e. Compulsory Family Floater Sum Insured for themselves and eligible family members for subsidy under Group Mediclaim scheme.

It has now been decided to provide 100% subsidy in premium of Compulsory Family Floater Sum Insured under Group Mediclaim Scheme to the retired employees aged 71 years (last birth day) and above/ spouse of deceased employee or spouse of retired employee and their eligible family members for subsidy under the scheme from the policy year 2025-26 and onwards.

All other terms and conditions in this regard shall remain unaltered.

Executive Director (Personnel)

[Srinivasan K]

As long as Venkatachalam continues to be the convenor of ufbu,nothing good ll ever happen to the retirees in particular and in-service staff in general.

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[Vvns Varaprasadrao]

I think Mr.Venkatachalam is not the convenor of UFBU.

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[JSOMA SHEKARA]

There is no coveneer in UFBU as on date and UFBU does not exist. IBA is sending invitations to unions separately to attend BPS meetings.

1. AIBOC is interested in SBI employees and Pensioners

2. AIBOA was removed from BPS as it took up updation issue in the BPS. Again AIBOA has to join BPS through court order. Now it is silent in  BPS and filed WP in court for updation.

3. NOBO and NOBW are making efforts thriugh BMS,

4. AIBEA will not take up  pensioners issues but often make tweets defending IBA. 

5. BEFI also once was removed from BPS and now silent.

6. Other 3 unions are there only for members subscription.

There is nobody to fight for Pensioners.

         

                                                                                                                                                                                                                                                                                          

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[Niranjan Cn]

CHV is not the convenor for more than four years…

Niranjan

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