LIC employees to get over 25pc wage hike dtnext.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dtnext.in Daily Mail and Mail on Sunday newspapers.
Relay Strike: PSU non-life & life insurance staff to strike
By
Venkatachari Jagannathan ( IANS) |
Published on
Tue, Mar 16 2021 13:18 IST |
8 Views
Insurance.. Image Source: IANS News
Chennai, March 16 : It is going to be a relay strike by unions in the public sector financial services sector domain.
After the two day strike Monday and Tuesday by the bankers, unions in the public sector general insurance companies and Life Insurance Corporation of India will go on strike on Wednesday and Thursday, respectively.
The unions in the non-life and life sectors will be going on strike protesting against the government s decision to privatise one of the general insurance companies, increasing foreign direct investment limit to 74 per cent and divest stakes in LIC by an initial public offer (IPO), union leaders told IANS.
Insurance companies to go on relay strike on THESE days, check details
National insurance, Oriental insurance, United insurance and New India Insurance will be closed on March 17. File photo
Updated: Mar 16, 2021, 08:12 PM IST
After a two-day strike by banking unions on March 15 and March 16, unions in the public sector general insurance companies will go on a strike on Wednesday (March 17) and Life Insurance Corporation of India will go on a strike Thursday (March 18).
The joint strike is being held to protest against the government s decision to privatise one of the general insurance companies increasing foreign direct investment limit to 74 per cent and divest stakes in LIC by an initial public offer (IPO). The union also wants fulfilment of demands like ending the NPS scheme and include benefits of the pension scheme 1995 for all. Negotiations for wage revision is also pending since August 2017.
Insurance employees to strike work thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
SBI, Canara Bank and United India to reimburse COVID-19 vaccine cost
IANSMar 6, 2021, 13:05 IST
TOI
general insurance company has decided to bear the Covid-19 vaccination cost incurred by
employees and their dependents who are 45 years of age with co-morbidities.
While the two banks -
State Bank of India (
SBI) and Canara Bank - will reimburse the cost of vaccination - ₹250 per dose per head - incurred by their employees who are above 45 with co-morbidities and their dependents. On the other hand, city-based United India General Insurance Company Ltd. will reimburse the vaccination cost incurred by its employees who are above 45 years of age and suffering from co-morbidities.