BSNL Group Insurance amount to increase to Rs. Three Lakhs

   IN the National Council Meeting it has been agreed to increase the BSNL GSLIS contribution from the present Rs. 105 to three times to Rs. 315 which will fetch an amount of Rs. Three lakh on death and Rs. 6 lakhs on accident death. The suggestion of the Staff Side was accepted by the management.

   Now the management will have to negotiate with the LIC for finalising the new scheme. It is to be mentioned here that it was at the initiative of BSNLEU and in discussion with the LIC, the present Group Insurance Scheme, which is the biggest in the world, was finalised. The All India Insurance Employees Association also helped in the settlement. The present agreement with the management has been made to get more benefit to the workers.

Courtesy; vannamboodiri