Anomaly in Charter proposals

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NOINO has submitted a letter to ED(P) regarding continuation of anomaly in the earlier wage revision in the charter proposals of 19th July. The letter is reproduced below:

13.8.2010.

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

Respected Madam,

Re: Continuation of anomaly in the Charter proposals of 19th July.

We would like to point out that the anomaly in the earlier wage-revision continues in the charter proposals given by the management on 19th of July 2010. Before substantiating our point through an example, we would like to bring to your notice that the main issue here is that an employee who has passed Fellowship examination of the Insurance Institute of India is fixed at the same Salary on promotion from HGA to AAO as that of an employee who has passed Associateship examination, though they are promoted on the same day & are having the same basic pay (pre-promotion). The example is as follows:-

X & Y have been promoted as AAO on the same day & have the same basic pay as HGA. Both opt for fixation on NGI which is again same. X has passed Associateship while Y has passed Fellowship.

X (Associateship):
Present New Offer
Basic: 12605 19570
NGI: 540 840
Allow.: + 325 + 490
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13470 20900

Y( Fellowship):
Present New Offer Basic: 12605 19570 NGI: 540 840 Allow:+ 545 + 820
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13690 21230
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New Basic after fixation in AAO:
X
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(old) (New)
14350 22280

Y
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(old) (New)
14350 22280

Hence both are fixed at the same basic pay in spite of the fact that Y has additional qualification. This is an injustice to such employees who have worked hard to acquire the additional qualification. There are two solutions:-

Either the difference between the Associateship & Fellowship should be suitably increased, say, more than one increment & the Fellowship allowance should be increased suitably,
OR such employees (who have passed Fellowship) should be given one more increment on fixation after promotion.

We urge you to take urgent necessary steps to remove the anomaly before the Charter proposals are notified.

Yours faithfully,

Sd/-
Ganesh Kamath
GS, NOINO
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