JFTU at PSGICS plans Jan 9 strike if Jan 8 talks fail
Kanwar Inder singh/ royalpatiala.in News/ January 6,2026
“The Chief Labour Commissioner (CLC) has summoned all CMDs on 8th January 2026 as a last and final chance to honour their commitments” said Trilok Singh, General Secretary, GIEAIA
“Any failure on their part will leave no option but to go ahead with the strike programme in full force, as already announced for 9th January 2026” said Darshan Kumar Wadhwa, Secretary General, GIEAIA (Class-I)
“There will be no dilution, no postponement, and no retreat. The strike is NOT deferred said GIEAIA spokesperson.
The office of the CLC(C) being statutory authority under the Act has already written two D.O. letters dated 19.03.2025 and 29.12.2025 to the Secretary, DFS with a request to expedite the matter and resolve so that any derailment in industrial relations in the establishments of PSGICs may be avoided but the decision/notification is still awaited.
The Joint Forum of Unions & Associations of Officers & Employees in Public Sector General Insurance Companies had served a notice of strike vide letter No. JFTU_PSGICs/2025_025 dated 21.12.2025 addressed to all the constituents of JFTU_PSGICs and endorsing a copy thereof to the Chief Labour Commissioner(C). As Section 22 of the ID Act, 1947 was attracted, the matter was seized into conciliation proceedings and the date of hearing in the matter was fixed on 06.01.2026. . A bird eye examination of the factum of the dispute as contained in the notice of strike revealed that the same issues are already pending and hearing is continuing in F. No. 13(02)/2024-IR. As such the present file is also merged in F. No. 13(02)/2024-IR for any further reference and appropriate action.
After in-depth examination of earlier F. No. 13(02)/2024-IR, it came to the notice that all the issues contained in present strike notice namely:
(i) wage revision with a loading factor of 14% w.e.f. Ist August 2022,
(ii) Improvement in employer’s contribution to NPS @ 14%.
(iii) Improvement in family pension to uniform rate of 30%,
had already attained finality after marathon discussion between the parties and with the agreement of DFS, Ministry of Finance. However, a gazette notification in this regard is awaited for implementation. The said finality was arrived at during the conciliation proceedings dated 22.08.2025. It is astonishing fact that despite lapse of more than four months, the gazette notification could not be issued and the Ld. representatives of Unions/ associations were constrained to issue a fresh notice of strike dated 21.12.2025 (supra) to be effective on 09.01.2026.
“It will not be out of place to mention at this stage that if strike in the PSGICS takes place even for one day, it will lead to loss of atleast 2,48,000 man hours and almost 300 to 400 crores in terms of business and ultimately may impact the GDP” said Trilok Singh
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