We have been putting our best efforts to bring favorable changes in the existing CO circular on allotment of agents to Dev. Officers so that maximum number of agents who will become direct due to retirement of their respective Development Officer may be allotted to the existing D.O’s. Based on the report prepared by the sub-committee formed with 3 CS members during the C.S meeting held at Jaipur on 22nd, 23rd & 25th April 2017 we have been continuing our efforts for changes in the allotment circular.
With constant persuasion and efforts, NFIFWI could bring changes in the allotment of agents circular by modification of FPI condition for allotment of agents and taking only restrictive credit under Single premium. LIC issued circular Mktg./ZD/12/2018 dated 12th June 2018, revising the FPI limits to Average 10 lakhs (with 10% credit for single premium) in last 3 financial years. With the changes in the allotment circular many of our Development Officers got allotment of good agents.
We have requested the management to relax the condition of net addition of agents for allotment of agents to Confirmed Development Officers, this year also.
Kindly note that this may be final relaxation from the side of the management and request the members to recruit maximum new agents this year.
The relaxation shall definitely contribute in a big way to all the needy Development Officers who are struggling to fulfill the work norms and also add further to our legitimate demand and road to achieve "Total Job Security."
With Regards,
SG-NFIFWI