SNEA CHQ has received many queries about difference between actual SAB contribution by individuals and its display on LIC website. It is also reported that for many Executives the same is not visible and many are worried about the factual position where Money deducted from salary and contributed by BSNL is deposited to LIC or not.
In this regard, it is to inform that the deduction done by BSNL is regularly transferred to LIC but there are issues with the updating details by LIC on their website. BSNL had already taken up matter with LIC and the efforts are being made by LIC for necessary corrective action for having updated data on website.
Main issue reported in linking of the deposited Money with concerned Policy number. It is observed in some of sample cases checked that LIC has not updated data of amount received against old policy and hence there is mismatch in some cases.
Further, CA Section, BSNL Corporate office has taken up matter with LIC and it is agreed for receipt of payments by LIC and the mismatch details are being updated in its server and the same will be visible on website also. But this work will take some time, may be about two months.
Hopefully by end of August 2025 or start of Sept 2025, this work will be completed and actual amount deposited by BSNL against each Executive of BSNL will be visible on website.
Hopefully all the issues with difference of amount will be cleared for all executives and till any individual will have any such issue left out, the same will be sorted out case by case basis.
