IndianOil Retired Officers Welfare Association

Ex Gratia

Ex Gratia Scheme

Indian Oil announced on 19th December 2003 the Ex-gratia Scheme for retired employees effective 1st December 2003. The sailent features of the scheme are given below:

  • Ex employees who superannuated / voluntarily retired from IOC or died, before induction of the SBF Scheme after rendering a minimum of 15 years service would be covered.
  • In case of death of an ex-employee (who superannuated as above) his / her spouse will be paid the applicable ex gratia amount  till his / her death.
  • Ex-employees drawing pension under SBF less than that proposed under the Ex Gratia Scheme (Pension amount under SBF would be what he would have received as standard pension had he not commuted 1/3rd of the annually) are eligible to draw the differential.
  • Full time Directors will be eligible subject to the above conditions.
  • Spouses of deceased eligible employees benefiting from FPS 1971 would get Ex Gratia payment without any adjustment on this account.
  • Ex-employees who’s spouses or dependents son / daughter have been employed in IOC on compassionate ground are not eligible to benefit under the scheme.
  • The ex-employee must not have been dismissed / terminated / removed or abandoned the services, or resigned / deemed to have resigned or separated from IOC on premature retirement.
  • For deputationist, the service reckoned in IOC would be from the date of absoption.

Payment of Ex-Gratia (per month)

Grade              Amt                       Grade              Amt                       Grade           Amt

   A                  2000                         D                  3000                         G               3800

   B                   2200                         E                   3200                         H               4000

   C                  2400                         F                   3400                         I                 4200

General

All retirees who are eligible to benefit from the scheme should immediately get in touch with their Divisions / Regions / Refinery Units from where they retired to put in their claims.

Your association had always promised those officers who retired before 1987 and were not getting any pension that their cause would be vigorously pursued. We have achieved success in this.

Subsequent to the above, the following amendments / clarifications have been issued by IOC management.

  • For calculating service put in by an employee, service either with Government or a PSU immediately prior to joining service in IOC will be taken into consideration, as is the case under the Superannuation Benefit Fund Scheme.
  • The amount of pension being drawn by them for the service rendered in Government or any PSU prior to joining IOC will also be deducted while working our the ex-gratia amount admissible to such an ex-employee.
  • As 1st Class Magistrates are not available at all places, the declaration made in the affidavit sworn before Oath Commissioner / Notary Public will be accepted as proof of having rendered the requisite service in IOC. Further, the life certificate given by the Branch Manager of any Scheduled Bank will be accepted under the above scheme.

There are other issues pertaining to the Ex-Gratia Scheme which need a review, and have been taken up with the IOC management.

Upon review of the above provision, the following modifications have been approved for superannuation and death / permanent total disablement cases effective 1 July 2006.

  1. In the case of superannuation, the ex-employee should have rendered a minimum service of 5 years prior to introduction of SBF Scheme in IOC instead of 15 years of service.
  2. In the case of death / permanent total disablement, there would be no minimum service requirement.

The ex-gratia benefit to ex-employee who are now covered under the modified eligibility criteria of minimum service will be extended w.e.f. 1st July 2006.

A list of representations received from the ex-employees or spouse of decreased employees, who may now become eligible under the modified provisions for payment of ex-gratia is enclosed for further action please. Divisions may intimate the details of the cases processed by 31.8.2006.

Ex-gratia Scheme for Ex-Employees
Submission of Life Certificate

As per the existing Ex-gratia Scheme, one of the general conditions for drawl of Ex-gratia is that the recipient is required to produce Life Certificate in the prescribed formal certified by Gazetted Officer or serving Sr. Manager or above of IOC to the concerned disbursing authority every year in the month of November.

Upon review, it has been decided that the retired employees may be allowed to submit the ‘Life Certificate’ on self-certification basis every year in the month of November in the prescribed proforma (Annexure-VA). In case of death of the retired employee, the spouse shall be required to submit the ‘Life Certificate’ as per the original provision for the first time as per Annexure-V and subsequently, the spouse may also submit the certificate as per Annexure-VA on self-certification basis every year.

The above may please be brought to the notice of all concerned.

Revision of Ex-Gratia Amount to Ex-Employees

co

Revision of Ex-Gratia Amount to Ex-Employees

ex Gratia entitlement FY 24-25_page-0001

New Directory as of 31/12/2022 under compilation

DISCLAIMER

The contents in the IROWA Website are based on information received from IOC or downloaded from IOC’s e-Sambandh portal/IOCL website or received from Units/Chapters/members. In case of any doubt, please contact IOC office or login to IOCL website or e-Sambandh portal.

All efforts have been made by IROWA Apex Body – NR team for the accuracy of the information and to make this website, user friendly, informative and helpful.

IROWA Apex Body– NR team does not guarantee accuracy of the information displayed and are not responsible for any errors/omissions in any information.