Employees of insurance companies on strike
– Photo: Amar Ujala
Expansion
The public general insurance industry observed a one-hour symbolic strike at the all India level on Wednesday on the call of the Joint Forum of Trade Unions and Associations. Officers and employees of Oriental Insurance, National Insurance, United India Insurance and New India Assurance participated in this strike. During the strike, they kept the office work closed from 12:30 to 1:30 to press for their pending demands. During this, officers and employees raised slogans in protest.
Demand placed before the government
The officers and employees sitting on strike demanded from the Government of India and GIPSA that talks should be started as soon as possible on the pending salary revision from August 2022. Family pension in banks and life insurance was increased from 15% to 30% and the proposal to increase family pension of public general insurance companies was stopped by the Finance Ministry. This family pension should be increased to 30% as soon as possible. He also says that NPS is being given to the officers and employees appointed since 2010, it should be replaced by Pension Scheme 1995 and till it is not implemented, the NPS deduction should be reduced to 14%. Restoration should be started on all cadre posts in public general insurance companies. In the budget session of 2018, a proposal for merger of public general insurance companies was brought by the late Finance Minister Arun Jaitley. By implementing that proposal, a stronger company should be created by merging the public general insurance companies.
