| Address: Khammam, Andhra Pradesh |
Manuguru,
Dt. 18.08.2012
To
The Sr. Divisional Manager,
Life Insurance Corporation of India,
GSLIS Claims Division,
Balasamudram,
Warangal
Dear Sir,
Sub: Request for re-calculation of my GSLIS Claim in
respect of Master Policy No. 74203 pertaining to Sri
J.Narayana Murthy, Ex.Dy.Supdt. PKOC, SCCL,
Manuguru Area – Reg.
In April, 1989 I have joined the GSLIS scheme under Master Policy No.74203 of SCCL, Manuguru Area. I have continued in the scheme till June,2012 and was departed from 01.07.2012.
As I have been superannuated from the services of the Singareni Collieries Company Limited, my claim for settlement of GSLIS accumulations was sent to LIC, Warangal Divisional Office vide SCCL’s Lr.No.MNG/FAD/T/Od77/449 dt. 09.07.2012.
Accordingly my claim was settled and an amount of Rs.48,709.00 was advised for payment vide LIC’s Lr.No. PNGS/U558597/74203/570/2 dt. 23.07.2012.
In this connection, I wish to submit that my predecessors by name Sri M.Butchiramaiah, EC: 4062876 & Sri G. Appa Rao, EC: 4064852 who have joined the scheme along with me and were departed from the scheme w.e.f. 01.04.2012 were paid an amount of Rs.59,249.00.
As per the terms and conditions of the Master Policy, an amount equivalent to 35% will go for risk management and the remaining 65% of the amount recovered every month will go to savings account. For the savings amount 12% Interest will be paid every year on the savings accumulations.
Basing on the above terms and conditions, a detailed statement of my recoveries from the beginning of the scheme to the date of my retirement is enclosed for your kind ready reference.
I request you to kindly go into the details of my above claim and arrange to re-calculate my claim and advise the difference of amount to be paid to SCCL, Manuguru area at the earliest, for which act of kindness, I shall be highly obliged. I also request you to kindly arrange to furnish the detailed calculation sheet for my reference and record.
Thanking you,
Yours faithfully,
(J.NARAYANA MURTHY)
Ex. Dy. Supdt. PKOC, SCCL, MNG Area
EC: 4061333
Encl: Statement
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