Frequently Asked Questions on the GTI of the Non-Executives.

Some queries are being asked regarding the GTI scheme being implemented for the Non-Executives. Com.P.Abhimanyu,GS, discussed these issues with Shri A.M. Gupta, Sr.GM(SR), who is one of the members of the Committee of BSNL officers which negotiated the scheme with the LIC management. His replies to the queries are given below :- 

Query No.(1) – As per the scheme, the annual premium for a Non-Executive up to 50 years of age will be Rs.3,776/-. After a Non-Executive crosses the age of 50 years, whether his/her annual premium will change.

Reply:   -     No. Even after crossing 50 years of age, the annual premium will remain the same.

Query No.(2) – At the time of joining the GTI scheme, the sum assured for a Non-Executive will be Rs.20 lakh. If this Non-Executive gets promoted as an Executive, what will be the sum assured for him/her ?

Reply: -    If a Non-Executive is promoted as an Executive, he/she can join the GTI of the Executives and his / her sum assured will increase to Rs.50 lakh. The option for this can be given in February of year.