Monday, June 14, 2010

NOINO demands revision of Actuarial Allowance

NOINO has demanded immediate administrative instructions for revision of Actuarial Allowance. The notification has been issued by the Government 8 months ago.

The wordings of our letter written to ED(P) in this regard is reproduced, here-in-below:


The Executive Director (Personnel),
L.I.C. of India.

Respected Madam,

Re: Revision in Actuarial Allowance.

We would like to draw your attention that the Government of India has issued a notification ref. F.No. S-11012/09/2007-Ins.III dated 15.10.2009 revising the Special allowance for In-House development of Actuarial Capability. However, though 8 months have elapsed, the administrative instructions to that effect have yet not been issued.
We, therefore, request you to issue these administrative instructions without any further delay.

Yours faithfully,

Ganesh Kamath

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