General insurance employees intensify agitation

25 Oct 2024 12:28:18

General insurance
 
 
Business Reporter :
 
THE public sector general insurance (PSGI) employees stagedlunchhour demonstrations pressing for their long pending demands in-front of Regional Office of Oriental Insurance Company Limited, situated at Nelson Square, Koradi Road, Nagpur on Thursday. They have intensified their agitation as this was thesecondlunchhourdemonstration in the month of October in the city. More than 125 aggrieved employeesandretiredemployees from nook and corner of the city participated in the demonstrations and shouted slogans condemning the Department of Financial Services (DFS), and General Insurers Public Sector Association of India (GIPSA). Similarly, thousandsofPSGI employees staged lunch hour demonstrations at major centres across the country.
 
The lunch hour demonstrations werecarried out as percall given by Joint Forum of Trade UnionsandAssociation(JFTU) in PSGI companies. These demonstrations were carried out demandingimmediate discussion on wage revision due from August 1, 2022. Apart from this, they demanded uniform 30% family pension, scrapping of National Pension System (NPS) and demanded 1995 Pension Scheme for all, till then an increase in employer’s contribution to 14% in NPS. The employees also demanded strengthening of PSGI companies, adequate recruitment and long pending non-core benefits.
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