Wednesday, October 13, 2010

LIC/GIC Wage revision : View the Administrative Instructions for Class I officers

Circular No. : ZD/1159 /ASP/2010 Mumbai-400 021.
11th October, 2010
TO ALL OFFICES OF THE CORPORATION :

Re: Instructions for implementation of the Life Insurance Corporation of India Class-I Officers (Revision of Terms and Conditions of service) Amendment Rules, 2010.
Whereas the scales of pay, dearness allowance and other service conditions applicable to Class-I Officers of the Corporation have been revised by the
1. Life Insurance Corporation of India Class-I Officers (Revision of Terms and Conditions
of Service) Amendment Rules, 2010 (hereinafter referred to as the `Amended Revision
Rules'),
2. Life Insurance Corporation of India (Special Area Allowance) Amendment Rules, 2010,.................
View the Circular
(By Courtesy : nicoa.in)
at

1 comment :

ashok said...

October 13, 2010


SOLO APPEAL TO ALL CONCERN



ONLY THE DECISION ON A SINGLE POINT CAN CHANGE THE SCENE
.
Legal Experts Help is needed

.
TO ALL THE BANKERS AND UNIONS/ASSOCIATIONS OPERATING IN BANKING INDUSTRY,
--ASHOK GOEL

REGULATION 22(4) (b) of the BANK EMPLOYEES’ PENSION REGULATIONS, 1995 WHICH PROVIDED, FORFIETURE OF FULL QUALIFYING SERVICE FOR PENSION- MAKING PENSION TO ZERO- IN CASE ANY OF THE BANKER DARE TO PARTICIPATE IN THE STRIKE. THIS CLAUSE RESTRICTED OUR ENTRY IN TO THE PENSION FOLD.

THE ABOVE CLAUSE WAS AMENDED VIDE FOLLOWING GAZETTE NOTIFICATIN.

THE GAZETTE OF INDIA, FEBRUARY 27, 1999


UNION BANK OF INDIA
CENTRAL OFFICE

Mumbai, the 2nd January 1999


In exercise of the powers conferred by Clause (f) of sub section (2) of Section 19 of the Banking Companies ( Acquisition and Transfer of Undertakings) Act , 1970 ( 5 of 1970), the Board of Directors of Union Bank of India in consultation with the Reserve Bank of India and with the previous sanction of the Central Government hereby makes the following Regulations, viz:-


(1) These regulations may be called Union Bank of India (Employees) Pension (Amendment) Regulations, 1998

(2) They shall come into force on the date of their publication in the official Gazette.

2. In the Union Bank of India ( Employees) Pension Regulations , 1995, for clause (b) of sub regulation 4 of regulation 22, the following clause shall be substituted, namely:-

“(b) Nothing in clause (a) shall apply to interruption caused by resignation, dismissal or removal from service.”


Foot Note: The principle regulations were published in the Gazette of India Extraordinary dated 29th September, 1995



Michael Bastian
General Manager (P)



-True copy -
Numbering in text and contents of foot note reproduced as appearing in the Gazette itself without any variation

WHAT IS THE EFFECT OF THIS AMENDMENT?

WHETHER IT WAS MANDATORY TO INVITE FRESH OPTIONS AFTER THIS CHANGED REGULATIION?

WHETHER THE AMENDMENT HAVE THE EFFECT FROM THE DATE WHEN IT WAS INCORPORATED IN THE PENSION REGULATIONS?

WHETHER IT CAN BE INVOKED FROM THE DATE OF ITS AMENDMENT?


A PIL IS NEEDED ON THIS SOLO POINT

ALL CONCERNED ARE REQUESTED TO APPLY THEIR SOURCES FOR THE SAME.

ASHOK GOEL 09868404020

October 13, 2010 at 6:49 PM

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