A circular issued by AIBRF is reproduced below
Quote
Ref:
2016/529 Date: 16.08.2016
The
Office Bearers/ Central Committee Members/ State Body Chiefs
Dear
Comrades,
We below reproduce the communication issued
by United India Insurance Company Ltd. On group medi-claim insurance scheme
applicable to the bank retirees which is self explanatory.
“Re: Extension of
Window Period for Retirees of the Banks for
Joining the IBA Group Mediclaim Insurance Policy For the period ending
30th November, 2016.
We would like to
inform you the window period for joining under retiree policy was initially
closed on 31.03.2016. On request of the member banks it was further extended up
to the period up to 31st May, 2016.
Now we have been
receiving request from the member banks to have one more chance to opt the
retirees to join the IBA Group Mediclaim Insurance Policy(Retirees). We
are pleased to inform you that the competent authority has decided to extend
the window period for retirees and the proposals/options exercised on or
before 30th September, 2016 by paying the full entitled
premium only will be considered for inclusion. Thus please ensure
that premium of leftover retirees received in the Bank's office on or before
30.09.2016 should reach us on or before 30.09.2016. This is a
final and golden chance for the retirees to join and no further options
after 1st October, 2016 for joining the scheme shall be allowed
please note. ( Please note that those retirees opted out from this policy are
not entitled to rejoin this scheme).
At the time of renewal
of the retirees’ policy only the following members will be covered.
1.
The existing employees covered under the EMPLOYEES policy and retired on
or before 30th September, 2016 and their name should be there
in the existing policy.
2. The members covered under the existing retirees policy and covered till 30th November, 2016 will be entitled to join the group Mediclaim policy on the renewal of the policy by paying the renewal
2. The members covered under the existing retirees policy and covered till 30th November, 2016 will be entitled to join the group Mediclaim policy on the renewal of the policy by paying the renewal
premium.( Please note that those retirees
opted out from this policy will be not covered at the time of renewal i.e. from
01st November, 2016.)
The Premium Charges.
We request you inform
the all retirees at the earliest and remit the premium to us on or before 30th September,
2016.
Your early action will be highly solicited.”
2.
We request you to be guided by the above communication and take up the matter
with the concerned bank management for its smooth implementation.
3.
As you are aware AIBRF has been consistently taking up issue of one more option
to the left over to join the scheme. We are happy that it has been considered
favorably.
With Regards,
Yours
Sincerely,
( S.C.JAIN )
GENERAL SECRETARY
Unquote