AIBPARC, Tamil Nadu state committee,
visited the office of United India Insurance Company at Chennai.
The issue of higher premium for Retired employees Health Insurance Policy discussed and asked for changes as suggested by retired employees association.
The reply was
" The General Manager and the Deputy General Manager gave a patient hearing and sought clarifications in respect of Senior Pensioners' are getting lesser Pension and family Pension and the same were duly clarified. Further they pointed out that the claim ratio is high and the total amount of claims settled are higher than the total Premium received. We responded saying that this difficulty can be obviated if the serving employees’ policy and the Retirees' policy are merged as one policy. Though they said that time is not available in the current year to go in for modifications, they assured to bring to the notice of their higher authorities our views, concerns and anxieties in the matter."
Hence the hope for any improvements in this issue is vanished.
Decide yourselves to join the scheme or not .
visited the office of United India Insurance Company at Chennai.
The issue of higher premium for Retired employees Health Insurance Policy discussed and asked for changes as suggested by retired employees association.
The reply was
" The General Manager and the Deputy General Manager gave a patient hearing and sought clarifications in respect of Senior Pensioners' are getting lesser Pension and family Pension and the same were duly clarified. Further they pointed out that the claim ratio is high and the total amount of claims settled are higher than the total Premium received. We responded saying that this difficulty can be obviated if the serving employees’ policy and the Retirees' policy are merged as one policy. Though they said that time is not available in the current year to go in for modifications, they assured to bring to the notice of their higher authorities our views, concerns and anxieties in the matter."
Hence the hope for any improvements in this issue is vanished.
Decide yourselves to join the scheme or not .
Hi... how abt apollo munich scheme? Is it recommendable?
ReplyDeleteWorst
DeleteIt is not in the hands of UIICo. The mandate to link serving and retired employees as one group should come from PSB boards.
ReplyDeleteGood News for 10th BPS Retirees:
ReplyDeleteKerala High Court Orders inclusion of Special Allowance as part of pay for the purposes of calculating Pension: This case was filled at the Kerala High Court by 4 retired officers of Corporation Bank under the leadership of Com.K.T.Muraleemohan to include Special allowance need for pension. The case was handled by none other than Com.V.K.Prasad and today we have got the judgement in our favour.
Please wait for details on getting the copy of the order. Me not sure abt thenews.....
October 22nd tuesday.... bank strike called by workmen unions??? Merger issue... not sure abt the news...
ReplyDeleteTODAY'S negotiation results wait karte hai.18.10.2019.....
ReplyDeleteWhat happened in today meeting? Please update.
ReplyDeleteRegarding mediclaim policy of retired employees the union leaders along with IBA did harm as much as they can....now it is useless to cry for an eye wash...for a clerk/sub staff premium is 30,555/- (with Top up) which is much more than their pension for a month...and for family pension holder it is more than 3 to 4 months pension in total....I wonder how the union leaders become so ruthless to the retired employees....
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