Hi,
Here is a case...a person got retired from LIC in 1994 having 2 wives. 1st wife's death happened in 1996, currently the person is 80yrs old and 2nd wife is 68yrs old with 3 son and 1 daughter, all r married &younger child is 34yrs old. Can 2nd wife's name added as a nominee in pension.
From India, Pune
Here is a case...a person got retired from LIC in 1994 having 2 wives. 1st wife's death happened in 1996, currently the person is 80yrs old and 2nd wife is 68yrs old with 3 son and 1 daughter, all r married &younger child is 34yrs old. Can 2nd wife's name added as a nominee in pension.
From India, Pune
Is there any offspring from the first wife ? In case it is not, the second wife automatically becomes the nominee.
From India, Mumbai
1859From India, Mumbai
I have no idea about the pension regulations applicable to the employees of LIC. But I am sure that the pension regulations of public sector undertakings like the LIC are , in general, based on/ similar to the pension rules applicable to Central/State Govt employees. Normally the family pension would revolve around the children of the pensioner upto their age of 25 years only in case the nominee dies. It can be inferred from the post the pensioner had two wives at the time of his retirement itself and for obvious reasons therefore he had not disclosed this fact to LIC and nominated the first wife only for family pension. The ages of the children born out of the second wife would lead to the presumption that the children, if any born to the first wife might also be above 25 years of age. Pension is a social security measure to certain class of retired employees and family pension to the surviving family members of a dceased pensioner is a further positive gesture in this regard. So, my personal view is that the widowed pensioner can nominate his second wife for family pension irrespective of the legal status of their marriage.Better, Sheetu may verify the Pension Rules of the LIC.
From India, Salem
From India, Salem
An extract of LIC pension Rules 1995
(5) (a) Where family pension is payable to more widows than one, the family pension shall be paid
to the widows in equal shares;
(b) on the death of a widow, her share of the family pension shall become payable to her
eligible child:
Provided that if the widow is not survived by any child, her share of the family pension shall
not lapse but shall be payable to the other widows in equal shares, or if there is only one
such other widow, in full, to her;
(c) where the deceased employee or pensioner is survived by a widow but has left behind
eligible child or children from another wife who is not alive, the eligible child or children
shall be entitled to the share of family pension which the mother would have received if she
had been alive at the time of the death of the employee or pensioner.
This may help: http://licindia.in <link fixed>
From India, Pune
(5) (a) Where family pension is payable to more widows than one, the family pension shall be paid
to the widows in equal shares;
(b) on the death of a widow, her share of the family pension shall become payable to her
eligible child:
Provided that if the widow is not survived by any child, her share of the family pension shall
not lapse but shall be payable to the other widows in equal shares, or if there is only one
such other widow, in full, to her;
(c) where the deceased employee or pensioner is survived by a widow but has left behind
eligible child or children from another wife who is not alive, the eligible child or children
shall be entitled to the share of family pension which the mother would have received if she
had been alive at the time of the death of the employee or pensioner.
This may help: http://licindia.in <link fixed>
From India, Pune
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.