letter to gipsa 040810- Suggestions on Pay Revision - oicoa

THE ORIENTAL INSURANCE COMPANY OFFICERS ASSOCIATION(Central Committee)Regn. No. 2916/CNI(AFFILIATED TO THE NATIONAL CONFEDERATION OF GENERAL INSURANCE OFFICERS' ASSOCIATIONS)OICOA/CC/GS/2010/L/040 4 th Aug 2010Shri A K SinghalChief Executive,GIPSA, New DelhiDear Sir,Re :<strong>Suggestions</strong> on Pay Revision – Core & Non-CoreThis has reference <strong>to</strong> the discussions held in 8 th round on Pay Revision held on 4 th August 2010 atHyderabad. As desired by you, we are sending you the suggestions as discussed during the meeting,for favourable incorporation of the same in<strong>to</strong> the pay revision.1. Core Pay PackagePay Scales : Since the scales offered are much below the demand submitted by us throughCharter of Demand on 22.02.2008, we demand further improvement in the scales as under :1. Scale I Anomaly existing in the last pay revision <strong>to</strong> be taken care of.2. Higher start of the pay scales in scale I, II & III <strong>to</strong> take care of relativity fac<strong>to</strong>rbetween scale I <strong>to</strong> scale VII and the existing anomaly of scale I.3. Stagnation increments should be merged in<strong>to</strong> the regular span up <strong>to</strong> scale III.4. Expansion of the Existing scales by at least four stages for scale IV & above.5. Au<strong>to</strong>matic Progression <strong>to</strong> next Scale <strong>to</strong> take care of stagnating officers.6. FPA <strong>to</strong> be merged in<strong>to</strong> basic.7. HRA as demanded in our Charter of demand 30%, 20%, 10% without any ceiling andconcept of metro should be based on population of 45 lacs.8. DA revision should be affected in the immediate subsequent month of the relevantquarter.9. All officers be allowed by Air on Tour <strong>to</strong> save time for office work10. LTS by Air for all the Officers and Overseas Travel <strong>to</strong> be allowed.ADDRESS: web www.oicoa.net e-mail: viveksaxena@orientalinsurance.co.in ; wewakesaxena@gmail.comOffice: C/O IT Dept., 2 nd Floor, Oriental House, The Oriental Insurance Co. Ltd., Head Office, New Delhi – 110002Cell - 09871278625; LL 011-43659216 (Off) ; FAX – 23269087 (C/O DGM – IT)Association Office: 2 nd Floor, Mittal Building, 4/12, Asaf Ali Road, New Delhi - 110002 Phone: 011-23268595

THE ORIENTAL INSURANCE COMPANY OFFICERS ASSOCIATION(Central Committee)Regn. No. 2916/CNI(AFFILIATED TO THE NATIONAL CONFEDERATION OF GENERAL INSURANCE OFFICERS' ASSOCIATIONS)2. Allowances1. Introduction of Professional Qualifications – AIII/FIII/Actuary/ MBA/ CA/ CS/ MCA/LLB/ B.Tech etc.2. Res<strong>to</strong>ration of Specialist Allowances such as legal / investiga<strong>to</strong>r and also <strong>to</strong>Accounts/Actuary/ IT/ Hindi3. Revision of IAD/ Vigilance allowances with retrospective effect as promised and needs<strong>to</strong> be adequately increased.4. Revision of Physically Handicapped Allowances as per GOI5. Medical Benefits – Lump sum Domiciliary Reimbursement <strong>to</strong> be revised <strong>to</strong> one monthsbasic salary.3. Pension Issues1. Another Option <strong>to</strong> be provided <strong>to</strong> all the Officers not having the Pension.2. Existing Pension Scheme <strong>to</strong> be revised <strong>to</strong> effect the Wage revision every time on thelines of sixth pay commission.4. Non-Core issues without Financial burden1. Change of DesignationGeneral Manager - Chief General Manager/ Executive Direc<strong>to</strong>rDy General Manager - General ManagerChief Manager – Dy General ManagerManager – Asst.General ManagerDy. Manager – Chief ManagerAsst. Manager – Senior ManagerAdmin. Officer – Manager2. Change of Leave rules▪▪▪▪▪▪1 /2 day CL as in GOI & Banks, LICMinimum EL <strong>to</strong> be One day as in GOIIncrease the accumulation of EL <strong>to</strong> 300 and SL <strong>to</strong> 300 (Half Pay basis)Exclusion of intervening Saturday/ Sunday / Holiday between CLAbolish the provision <strong>to</strong> avail additional 15 days Earn Leave on en-cashmentCompensa<strong>to</strong>ry Leave in lieu of working on Saturday/ Sunday/ HolidayADDRESS: web www.oicoa.net e-mail: viveksaxena@orientalinsurance.co.in ; wewakesaxena@gmail.comOffice: C/O IT Dept., 2 nd Floor, Oriental House, The Oriental Insurance Co. Ltd., Head Office, New Delhi – 110002Cell - 09871278625; LL 011-43659216 (Off) ; FAX – 23269087 (C/O DGM – IT)Association Office: 2 nd Floor, Mittal Building, 4/12, Asaf Ali Road, New Delhi - 110002 Phone: 011-23268595

THE ORIENTAL INSURANCE COMPANY OFFICERS ASSOCIATION(Central Committee)Regn. No. 2916/CNI(AFFILIATED TO THE NATIONAL CONFEDERATION OF GENERAL INSURANCE OFFICERS' ASSOCIATIONS)▪▪▪▪Child Adoption Leave of Six MonthsChild Care Leave of two years <strong>to</strong> Lady OfficersPaid Study Leave of three yearsTrade Union Leave <strong>to</strong> be allowed <strong>to</strong> all the checked off Associations3. Access <strong>to</strong> Association/ Union Website & related web sites from the Intranet.4. Vehicle Loan <strong>to</strong> be introduced <strong>to</strong> scale I & II on Administration side and also beenhanced as per the following limits and loan tenure <strong>to</strong> be five years in place of existing10 years :▪▪▪▪Scale I – RS. 3 LacsScale II – Rs.4 lacsScale III Rs.5 lacsScale IV – Rs. 6 Lacs5. Cost of Vehicle on Marketing Side as under and <strong>to</strong> be maximum five loans with a tenureof five years.• EC I/C – RS. 3 Lacs• BM – RS. 4 Lacs• SBM/DM – Rs. 5 Lacs• SDM – RS. 6 Lacs• Chief Manager – RS. 7 Lacs• DGM – RS. 8 Lacs• GM – RS. 10 Lacs• CMD – RS. 12 Lacs6. Housing Loan <strong>to</strong> be enhanced as per the Market conditions up <strong>to</strong> 40 Lacs depending uponDesignation, Salary (Other Income including income of spouse <strong>to</strong> be included forcalculation of Eligibility), Repaying Capacity. Second Loan <strong>to</strong> be allowed keeping in viewthe Family requirements & status.7. Festival Advance be increased <strong>to</strong> One Month basic Salary.8. Computer Loan <strong>to</strong> be introduced.9. Education Loan for professional courses – Rs.2 lacs <strong>to</strong> Rs.10 lacs depending upon thepaying capacity and nature of course. Nity-gritties can be discussed and finalised.10. Self Leasing Facility – All Officers <strong>to</strong> be allowed Self Lease Facility.ADDRESS: web www.oicoa.net e-mail: viveksaxena@orientalinsurance.co.in ; wewakesaxena@gmail.comOffice: C/O IT Dept., 2 nd Floor, Oriental House, The Oriental Insurance Co. Ltd., Head Office, New Delhi – 110002Cell - 09871278625; LL 011-43659216 (Off) ; FAX – 23269087 (C/O DGM – IT)Association Office: 2 nd Floor, Mittal Building, 4/12, Asaf Ali Road, New Delhi - 110002 Phone: 011-23268595

THE ORIENTAL INSURANCE COMPANY OFFICERS ASSOCIATION(Central Committee)Regn. No. 2916/CNI(AFFILIATED TO THE NATIONAL CONFEDERATION OF GENERAL INSURANCE OFFICERS' ASSOCIATIONS)5. Non-Core with Financial Impact1. Upward Revision of Daily Halting Allowance keeping in view the inflation.2. Upward revision of Hotel Stay charges on <strong>to</strong>urs.3. Transportation & Packing charges on Transfer <strong>to</strong> be revised on actual basis with a Tie upwith major movers & packers on all India basis – Payments <strong>to</strong> be made by the Company4. Revision of Transfer Grant – <strong>to</strong> be three months salary in view of the high relocationcosts which ultimately has <strong>to</strong> be borne by the officers concerned. In case of Difficultareas and Deficit areas, transfer grant <strong>to</strong> be Six Months Salary5. Free Unlimited Medi-claim with Cashless facility <strong>to</strong> be extended <strong>to</strong> all the officers onthe lines of Railways/ Airlines who provides free travel passes <strong>to</strong> their Officers & theirkins. This cashless system will save various offices of the Mediclaim processing workloadand the CDA/ Vigilance cases shall also be reduced.6. Lunch Coupons – <strong>to</strong> be provided <strong>to</strong> all officers7. Entertainment Allowances <strong>to</strong> all Officers on administration side as per the following• Scale I – Rs. 300• Scale II – RS. 400• Scale III – RS. 500• Scale IV – Rs. 1000• Scale V & above - Unlimited8. Petrol Expenses Reimbursement <strong>to</strong> all the officers on administration side• Scale I – 20 Litres• Scale II – 30 Litre• Scale III – 40 Litres• Scale IV – 45 Litres9. Tuition Fee Reimbursement – Rs. 1000/- per child per month in line with Central Govt.10. Existing telephone facility <strong>to</strong> officers be allowed on cell phone and expenses over CellPhone be reimbursed <strong>to</strong> all Officers.11. Data card expenses Reimbursement <strong>to</strong> all the officers –1. Scale I & II – RS. 600/-2. Scale III – RS. 750/-ADDRESS: web www.oicoa.net e-mail: viveksaxena@orientalinsurance.co.in ; wewakesaxena@gmail.comOffice: C/O IT Dept., 2 nd Floor, Oriental House, The Oriental Insurance Co. Ltd., Head Office, New Delhi – 110002Cell - 09871278625; LL 011-43659216 (Off) ; FAX – 23269087 (C/O DGM – IT)Association Office: 2 nd Floor, Mittal Building, 4/12, Asaf Ali Road, New Delhi - 110002 Phone: 011-23268595

THE ORIENTAL INSURANCE COMPANY OFFICERS ASSOCIATION(Central Committee)Regn. No. 2916/CNI(AFFILIATED TO THE NATIONAL CONFEDERATION OF GENERAL INSURANCE OFFICERS' ASSOCIATIONS)3. Scale IV – RS 1000/-4. Scale V & above – Unlimited12. Furnishing Grant <strong>to</strong> be provided <strong>to</strong> every officer every 4 years – RS 1 Lac13. Enhancement of Petrol Expenses reimbursement <strong>to</strong> Officers with marketing functions(DM's, BM's, AO(D)s and AM(D)s ) .6. Organizational Agenda:-We have made our stand on this issue very clear that we are not averse <strong>to</strong> discuss the sameseparately and it should not be tagged with Pay Revision. Moreover the Organisational Agendashould be more specific in order <strong>to</strong> facilitate further discussions. We submit hereunder fewmore points <strong>to</strong> be included under this item:1. To formulate and share the Vision Document 2015 & 2020 and Roadmap for the Industry2. Corporate Governance adherence Policy3. To incorporate specific provision in Estate Policy <strong>to</strong> purchase Property for Offices &Residential in time bound manner4. Institution of In-House TPA as demanded since 2003. Direct Rate contract with Hospitals &major Path Labs across the country5. A separate outfit <strong>to</strong> handle IT across the industry in order <strong>to</strong> handle IT more effectively6. A separate Pension Fund Managing outfit <strong>to</strong> manage our own funds of Pension on the lines ofPF Trust7. A transparent Human Resource Policy for the Industry8. Diversification of the Industry in other fields such as banking, Fund Managers etc.9. Full Fledged Recognition of the Associations/ Unions <strong>to</strong> have a more meaningful dialogue & <strong>to</strong>have Bipartite settlement on various vital IssuesWe hope you will appreciate the concern since the demands mentioned above reflect the need of thehourThanking you,(VIVEK SAXENA)GENERAL SECRETARYADDRESS: web www.oicoa.net e-mail: viveksaxena@orientalinsurance.co.in ; wewakesaxena@gmail.comOffice: C/O IT Dept., 2 nd Floor, Oriental House, The Oriental Insurance Co. Ltd., Head Office, New Delhi – 110002Cell - 09871278625; LL 011-43659216 (Off) ; FAX – 23269087 (C/O DGM – IT)Association Office: 2 nd Floor, Mittal Building, 4/12, Asaf Ali Road, New Delhi - 110002 Phone: 011-23268595