Sub.: Harassment & Incorrect/ Less payment made on account of GSLI claim
(Life Insurance Corp. of India, Karnal Haryana)
Ref. : S.No. 470, Assurance No. 67357/93/A/1103 Of National Fertilizers Ltd.

Dear Sir,

It is submitted that I have just retired from services of M/S National Fertilizers Ltd., ( NFL) Panipat on 31.01.2010.

However, it is a matter of great concern, that during my service, I was a member of Group Saving Linked Insurance Scheme ( LIC) w.e.f 01.04.1993.After my retirement my Employer M/S NFL lodged my claim with LIC, Karnal ( Haryana) alongwith my other colleagues ( Retired on the same date i.e 31.01.10) for final settlement.

For ready reference, the brief of the claims lodged with LIC, Karnal by M/S NFL are as under :-

Name of the Employee &
Code No. S.No.
&
Assurance No. Date of joining the scheme Amt. deducted per Per Month during service
Month/Year Amt. paid on retirement
S..P.Sharma
Code No. 5617 S.No.: 470,
Assurance No. 67357/93/A/1103 01.04.93 4/93 to 1/10 =Rs.120/=PM 24, 474.00 +
3, 287.00*
27, 761.00

N.N.Chaturvedi
Code No. 5100 S.No. : 250
Assurance No. 67357/91/A/0928 01.01.91 1/91 to 3/93=Rs. 100/= PM

4/93 to 1/10= Rs 120/= PM 44, 204.00
Rohitash Singh
Code No. 5501 S.No.: 424
Assurance No. 67357/90/B/0644 01.01.90 1/90 to 3/93=Rs. 75/= PM

4/93 to 1/10= Rs 120/= PM 45, 756.00

From the above, it is amply clear that there was a huge difference in amounts released by LIC, Karnal vide Ch. No.105725 dated 02.03.10 hence, personal visits were carried out by me at LIC, Karnal & then it was clarified that since my record were not available with them from April, 93 to March, 95 therefore, the claim was settled only from April, 96 to 31.01.10.

Here, it may be mentioned that while releasing payments for the lesser period as claimed by the employer, no remarks/intimation was sent to the employer so as to make the non available record to them. However, again the Record for this period (April, 93 to March, 95) was personally made available to LIC, Karnal & they released another Payment of Rs.3, 287.00* for the remaining period against which earlier payment was not made.

Even then, after releasing total amount of Rs.27, 761.00, it is still found that payment has not been released correctly i.e on lesser side in comparison to my above colleagues. There is vide variation in the amounts released to the above employees which required to be re-checked & the calculation/break up of the respective above employees is required to be made available so that factual position can be ascertained.

Needless to mention that being a Govt. Agency (LIC), it is always thought that they will release the claims correctly after through check up at their end to avoid any loss to the claimants. But, in the above instance case such imagination proves wrong.

Under the above circumstances, I approach your good office to please take appropriate action in the matter so that I can get my legitimate correct payable claim from LIC, Karnal without any further delay.

Thanking you in anticipation & hoping a favorable action in the matter.


(S.P.Sharma)
577, Model Town,
Panipat-132103
(M)09416105313