The Union Finance Ministry has recently notified the wage revision for LIC employees, which will benefit over 1.1 lakh employees in the state-run insurance company. Some key points of the recently notified wage settlement for LIC (Life Insurance Corporation of India) employees are as under: The revision amounts to an annual increase of about 17% in wages and is applicable from August... Continue Reading →
RBI has recently made a significant modification to the Master circular Para 12.1 As per para 12.1 the dispensary facility such as free treatment and issue of drugs on credit slips as per norms is accessible only at Centers where regular full-fledged dispensaries in charge of part-time BMOs/ BMCs are established with arrangements for stocking... Continue Reading →
We understand that managing access rights to the portal can be complex, but we believe that extending this privilege to pre-August 16 retirees is a fair and just measure.
GMP-OPD policy for all pensioners aged 60 years and above for the period April 01, 2024, to March 31, 2025, has been placed with New India Assurance Company Limited. There are changes in the policy as under: The policy has been extended to pensioners aged 60 years and above. Pensioners attaining age of 60 years during a... Continue Reading →
All India RBI Oers Pensioners Forum 
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