IndianOil Retired Officers Welfare Association

Felicitation Scheme

FELICITATION OF RETIRED EMPLOYEES

  • Retired employees of the Corporation are eligible to receive the felicitation award

on achieving different age milestones of 70/75/80/85/90/95/100 years. Admissible

amounts in respect of officers & workmen are given hereunder:

Age in years

Amount (in Rs.)

Officers

Workmen

70

75,000

50,000

75

1,00,000

75,000

80

1,30,000

1,00,000

85

1,75,000

1,25,000

90

2,25,000

1,50,000

95

3,00,000

2,00,000

100

5,00,000

3,00,000

  • In the first instance of implementation of the scheme, all retired employees above 70 years age shall be facilitated only one last milestone achieved before 3rd September 2018, subsequently on or after 3rd September 2018, retired employees shall be felicitated for every next age milestone achieved. Following table show felicitation amount for Retired Officers: 

Age Before 3rd September, 2018

Amount for Retired Officer (in Rs.)

Age of 70 Years & above but less than 75 Years

75,000

Age of 75 Years & above but less than 80 Years

1,00,000

Age of 80 Years & above but less than 85 Years

1,30,000

Age of 85 Years & above but less than 90 Years

1,75,000

Age of 90 Years & above but less than 95 Years

2,25,000

Age of 95 Years & above but less than 100 Years

3,00,000

Age of 100 Years & above

5,00,000

  • For receiving the felicitation amount, the eligible ex-employee shall submit the

duly filled enclosed application form, along with Govt. issued valid Photo ID proof,

in person, to any serving officer of the Corporation.

  • This serving officer shall be the Competent Authority to establish the identity of

the retired employee and certify the life certificate as incorporated in the

application form.

  • Thereafter, this duly certified application form is to be forwarded to the applicable

PRMBF Reimbursing Unit for further needful at their end.

  • Kindly note that employees who belonged to erstwhile companies like AOC, IBP,

BRPL and superannuated from the service of these companies before merger

with IOC, would not be eligible for felicitation under the scheme. 

Directory

New Directory as of 30/09/2024 under compilation

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