LIC organizes Technical Lecture on “Retirement Planning for Technocrats
Lucknow: The Institution of Engineers (India), Uttar Pradesh State Centre, Lucknow, hosted an insightful technical lecture on “Retirement Planning for Technocrats with LIC.” The session aimed at equipping engineers with essential financial planning knowledge for a secure post-retirement life.
The event featured S.K. Shukla, Senior Divisional Manager, LIC of India, as the chief guest, and Akshat Srivastava, Deputy Manager (CLIA), as the keynote speaker. Srivastava detailed LIC’s pension offerings, including Immediate and Deferred Annuity Plans, which cater to individuals aged 25 to 100 years. He also highlighted the continuation of pension benefits to co-beneficiaries, and touched upon Unit Linked Insurance Plans (ULIPs) that promise better returns and tax-free advantages.
The program commenced with a welcome address and motivational remarks by Er. Prof. (Dr.) Bharat Raj Singh, former Chairman and IEI Council Member. The session was efficiently coordinated by Er. J.B. Singh, FIE Member, who introduced the speaker.
Prominent engineers including Er. G.M. Pandey, Er. Jamal Nusrat, and Er. Gupta were present. The event concluded with a formal vote of thanks by Er. Vijay Pratap Singh, Honorary Secretary.
Life Insurance Corporation of India (LIC) is the country’s largest and most trusted insurance provider, offering a wide range of life insurance and investment products. Established in 1956, LIC has played a vital role in securing the financial future of millions of Indians. Its offerings include term insurance, endowment plans, pension schemes, and Unit Linked Insurance Plans (ULIPs), catering to various age groups and financial goals. Known for reliability, customer-centric services, and strong claim settlement ratios, LIC continues to be a preferred choice for individuals seeking long-term financial security, retirement planning, and wealth creation with tax-saving benefits under Section 80C and 10(10D).
