21^st September, 2015.

General Manager (HRM)

The New India Assurance Co. Ltd.,

87, Mahatma Gandhi Road,

Mumbai – 400001.

 Dear Sir,

I hope you are aware a list of pending request transfer applications of Class I officers (Inter- region) have been submitted on behalf of NFGIE . We are regularly pursuing with Corp: HRM Dept.  for issuance of necessary order from  concerned authority.

We have come to know that as per Corp; HRM guideline only those who have completed 3 years are going to be considered and those whose duration in present place of posting is less than three years can only be transferred only on medical ground.

But we are surprised to receive information that even all applicants those who have completed stipulated period of posting will not be transferred in the coming transfer exercise. You are aware that a large nos. of A.Os have been recruited in the last few years and have been placed in various part s of the country. All these new recruits whose request transfer are pending are in the expectation of receiving necessary transfer orders.

I like to point out  that  at the  time of last year recruitment of Scale 1 officers  replacement should provided in those  offices from  where new recruits  in scale 1 officers  have applied for transfer/   likely to seek transfer.

I like to highlight the plight of those new recruits Scale 1 officers who are far away from residence and are anxiously waiting for their request transfer for materialization. I request you to issue transfer orders and if require arrange the replacement from current Promotion exercise from Sr. Asstt. cadre to  A.O cadre.

I request you to consider all pending request application s and boost the morale of the applicants.

With regards,

Sd/- xx xx xx,

SUJIT BAGCHI

GENERAL SECRETARY

NFGIE

JOINT FORUM OF UNIONS and ASSOCIATIONS of PSGI Companies 

 Date: 10.09.2015

To All Officers and Employees of PSGI Companies,

Dear Comrades/Friends,

Re: Wage Revision and Pension Option – Programme of Agitation 

The joint meeting of all Unions/Associations of Public Sector General Insurance companies was held at Chennai on 8th September, 2015. Almost all the Unions/Associations were represented in the meeting – AIIEA, GIEAIA, NFGIE, BVKS, Confed/UIIOA, NIAOA, OICOA & NICOA, GIOAIA, AIGIFWA, AIGI SC/ST Emp. Welfare Assn. and AIGI SC/ST Emp. Parishad (Jayamurthy). The meeting congratulated all the officers and employees for their magnificent response in implementing the programme of action successfully during the months July and August, 2015. However, the meeting expressed its disappointment over the continued delay and management’s inability to call the unions for negotiations in settling the wage revision and pension option. 1st September 2015 marks the completion of 37 months since the wage revision fell due in August, 2012. In this background the officers and employees have no other option but to embark on an agitation path. Therefore, the meeting of unions decided the following programme of action and forces the management and the government to start the process of negotiations on the basis of a meaningful offer without further delay.
 1. Lunch Hour demonstrations in all centers on 15th and 23rd September.
 2. Signature campaign (memorandum addressed to Finance Minister) to complete by 23rd September.
 3. No late sitting in offices and no work on Saturdays, Sundays and Holidays w.e.f. 23rd September, 2015.
4. Joint Employees meetings in all offices to campaign.
5. Perspective of strike actions in October.

The meeting also decided that if GIPSA do not start the process to settle the wage issue and another option to the employees to join the 1995 pension scheme the unions will meet in the 1st week of October to chalk out further programmes of action with a perspective of one day strike. : 2 : We call upon the employees and officers to implement the programme into-to and make it a grand success.

 With greetings, 

 Yours Comradely,

 P.K. Dharamthok, General Secretary,GIEAIA; Sujit Bagchi,General Secretary,NFGIE; K.V.V.S.N.Raju, Secretary,Standing Committee(GI) AIIEA;  Rajib Banerjee,  General Secretary, NICOA; S. Balan, General Secretary, NIAOA; Girish Khurana, General Secretary, OICOA;  V Mohan Kumar,General Secretary, UIIOA; M VIJAYAKUMAR, sd/- Secretary General (CWC) General Secretary, GIOAIA ; Sd/- General Secretary AIGIFWA;  Sd/-  General Secretary, GIDOF; 

G.Jayamurthy General Secretary   AIGI SC/ST Emp.Parishad (Jayamurthy);  Dilip Pawar, Chairman, AIGI SC/ST Emp. Welfare Association 

Dear Members,

Pl find attachment draft memorandum to Finance Minister. Pl make additions/deletions if any.

Yours sincerely,

Sujit Bagchi

General Secretary,

NFGIE

.......................................................................................................................................

           Place  :

           Date   :

 Shri Arun Jaitley,

Minister for Finance,

Government of India,

New Delhi.

Dear Sir,

Wage Revision in Public Sector General Insurance Companies

We, the employees and officers of National/New India/Oriental/United India working at …………………………………………………………….. (Office) express our anguish and disappointment over the inordinate delay in settling the demand for wage revision.  The wage revision in Public Sector General Insurance Cos fell due on 1.8.2012 and despite the passage of over three years this demand is still pending resolution.  The progress Public Sector General Insurance Companies have been registering year after year is in your knowledge and we are happy that you are very appreciative of the work being done by these great institutions.  Therefore, we do not want to burden you with all the details of the working of PSGI Companies to justify our demand for a good wage revision.  Still we would like to place some important aspect of the functioning of PSGI Companies that are relevant to the issue of wage revision.

The last wage revision in PSGI Cos took place on 1.8.2007.  The period between 1.8.2007 and 31.7.2012 witnessed impressive performance by PSGI Cos in every aspect of their functioning despite a very difficult economic environ. The Gross Direct Premium Income (GDPI) increased from Rs.16,832 crore to Rs.42,591 crore. The market share of PSGI Cos has increased from 54.76% in FY 2014-15 to 56.58% as at August for current FY 2015-16.    The PSGI Cos share of dividend to the Government rose from Rs.599 crore for FY 2013-14 to Rs.665 Crore for the FY 2014-15.  The financial strength of 4 PSGI Co in the form of Reserves and Surplus was increased to Rs.22662 crore in the Financial Year 2014-15 when compared to Rs.18131 crore for the FY 2012-13. The GIC Re has paid the Dividend of Rs.540 crore for FY 2014-15 as against Rs.449 crore in FY 2013-14. The financial strength of GIC Re in the form of Reserves and Surplus was increased to Rs.13364 crore in the Financial Year 2014-15 when compared to Rs.9232 crore for the FY 2012-13. The productivity of the employees registered a massive increase.  The per capita premium generation rose from Rs.46 lakh for the year 2011-12 to Rs.58.6 lakh for the year 2013-14. The number of Policies issued by an employee at an average of 663 during 2008 stands increased to 1163 in the year 2014.  It is in the background of this impressive performance to which the employees have made immense contribution, we have been demanding a satisfactory wage revision.

The employees and officers have also been asking for a final option to join the pension scheme.  The Employees’ Pension Scheme was introduced in 1995 replacing the management’s contribution towards PF. The employees recruited between 1995 and 31.3.2010 were compulsorily covered by Pension Scheme.  The PSGI Cos introduced a new scheme of Pension to those who joined the services after 1.4.2010. Only around 12 percent of A small portion of employees who were in service in 1995 and did not opt for the Pension Scheme are seeking an option to join the Pension Scheme 1995.  The number is small and the Pension is fully funded in PSGI Cos.  Therefore, we do not feel any difficulty in agreeing to this request from those employees for an option to join the Pension Scheme as a final opportunity.

We are happy to note that on a number of occasions, you have said that if an industry does well, the employees should get benefitted.  We appreciate this reasoning.  The PSGI Cos have done well and therefore our demand for a good wage revision is totally justified.  We request you to instruct the GIPSA management to convene discussions with the unions and settle the wage revision at the earliest.

We look forward for a positive response from you for which we shall be very thankful to you.

                                                            Yours faithfully,

S.NO.	NAME  & DESIGNATION	SIGNATURE