LIC Wage Revision – Final talks on 16th, 17th October 2015 – No Strike on 14.10.2015

OCTOBER 12, 2015 BY MAHA

LIC Wage Revision : No Strike on 14.10.2015 – Final talks on 16th, 17th October 2015

The Joint Forum of Unions in LIC met on 29th of September 2015 at Pune and decided the following programme of action to realise satisfactory wage revision and one more option for pension:

1) Lunch hour demonstrations 6th and 13th October, 2015.
2) ONE DAY STRIKE ON 14th October, 2015.
3) Lunch hour demonstrations on 16th & 18th November, 2015.
4) TWO DAYS strike on 19th and 20th November 2015.

And following the agitation, LIC management has called NOINO and all joint front constituents for final discussion on wage revision. The talks are at Mumbai on 16th & 17th October 2015.

In view of above invitation for talks, it has been decided by all constituent unions in Joint Forum to suspend the current agitational programmes (including strike action on 14th October 2015).

News Courtesy: http://noinocentral.blogspot.in/

Bonus

Adhoc Bonus orders is likely to be issued after 12th October 2015 ?

October 12, 2015 By Maha

The Union Finance Minister, Shri Arun Jaitley is on tour to USA and Peru in connection with recent developments in the global economy and lack of progress in the implementation of the 2010 IMF quota reforms during his official tour to Peru from October 7-11 . Hence Adhoc Bonus orders is likely to be issued after 12th October 2015.