Saturday, January 9, 2016

LIC wage revision notification status

Update on 12.01.2016 :THE LIC  WAGE REVISION AND 5 DAYS' WEEK NOTIFICATIONS  ARE LIKELY TO BE ISSUED NEXT WEEK AS PER INFORMATION EMANATING FROM "NOINO" SOURCES.
"NOINO" IS CURRENTLY HAVING THEIR ALL INDIA MEETING AT SURAT.Insurance employees are eagerly waiting for release of notification. It was reported in this blog that notification was likely to come out in last month . We reported as per the information available at that point of time but later on it was proven wrong. We apologize the misleading information.
As per the recent information available,
"We know that every one is anxious about the fate of wage revision. 
I spoke to co as well as ministry. I can assure you that there is no problem and it is only the unavoidable red tape and we are going to get it without much delay. 
Please be patient. There may be an icing on the cake in the form of 5 day week also coming along with this notification itself. In that case we may have to wait for some more days."
Source : Class I Federation (8/01/16)
  
 "all formalities regarding wage notification have been completed & the notification is expected any time.

   Since till now it has not been issued, we sought the intervention of our President Shri Prakash Javadekarji who was on a visit to Mumbai today(7.01.16). Javadekarji immediately contacted Anjuli Duggal, Secretary, Financial Services. At that moment she was preoccupied in one of the series of pre-budget meetings going on currently. Later she called up Javadekarji & told him that a spate of pre-budget meetings were going on at the moment, hence, it couldn't be released.
 She also said that the 5 days' week notification was also in the final stage. However, it would be released some time after the wage notification. 
She confirmed that indeed the process was complete & the wage notification would be issued soon."
Source : NOINO.
As per some unconfirmed news, notification may release on Monday, 11th Jan'16.


6 comments :

Anonymous said...

Baseless information.No one should believe it.

S.Lakshman Rao said...

There are enough number of people who will be waiting for retirement from 01.01.2016 to 31.03.2016.When such categories are not able to see at least the existing rates of Pay/Pension due,what is the type of relief that will have justification at this point of time,with out central government notifications.

S.Lakshman Rao said...

Kindly notify the topic selected as and when central government sanction is received if applicable.Regards slakshmanrao3@gmail.com

Binay Kumar said...

Mr Javadekar knows it well that at least Mr Jaitley doesn't like him and support him.So for valid reasons MoF is delaying notification on wage revision.

Anonymous said...

WE reliably learnt that the Finance Ministry has sent LIC Wage Notification for Gazette today.. V. RAMESH, General Secretary, AIIEA..

Anonymous said...

It is being learnt that wage notification has been issued

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