Be smart and negotiate with Metlife.
Your LWD is 02.06.2011
You have your log in/MIS data with you and you also have the incentive policy of the company. You have the details of incentives, if any, earned by you. Your company must have disbursed incentives to you, along with your pay in your pay slip.
If it suits you, you can write a gentle communication, to your company's HR -Head, appointing authority, Company Secretary, about each policy logged in by you which has fetched you incentive payouts, from March 2011, and can ask them to block incentives if any, earned by you from month of April 2011,since 90 days from April shall end by end of June 2011, and to pay you the balance amounts at once within one month from your LWD. You can mention that you are in urgent need of funds and can not wait for 90 days, for all earned wages, due to be paid to you
Your company has stated that "Our MIS team will provide us the incentive recovery input on a monthly basis. In order to accommodate the incentive recovery from employee's settlement".
Hence the MIS team must have released the data for March, April, and May 2011 by now.
If there is any recovery suggested from you, they must have compiled it by now.
If all policies logged in by you, have been inforced and have been delivered to the customer, and their free look period is over, and there is no issue reported for these then company can not block the payments of your wages.
Since all these details are with you, you alone can respond in the best manner.
You can avail the help of your colleagues and your reporting authority.
For PF, you can take action, which suits you most.
