VISIT 'LIC PENSIONERS CHRONICLE' - THE MOST POPULAR WAY TO CATCH UP ON PENSIONER RELATED NEWS!

Wednesday, January 28, 2015

HEARING TOMORROW ?

Dear Sri Gangadharan, 

Court rose for the day after hearing Four out of Nine Miscellaneous cases. The remaining Misce cases are shifted to next Tuesday. This development gave rise to an assumption in some quarters that our cases (Sl No 101) will be taken up as the first item tomorrow. 

According to Mr Jay Savla's Associate (who was in the Court till the Bench rose) no such assumptions can be made till tomorrow's official list comes out tonight. 

Thanks and regards,
Sreenivasa Murty M

Another disappointing day

Dear Editor

Yet another disappointing day passed away to-day in the Supreme Court. With 9 other cases before us though they are called Misc. Cases, our turn could come up only after the 9th case was taken up, even though ours is numbered as Serial No. 101 which was to be assumed by us as No.1 case to be taken up for the day.

Even though a case manager expected "something" could take place today, NOTHING had happened as far as our cases are concerned. But anticipating this Mr. Murty had wisely saved his time and trip to New Delhi to-day.

It looks as though the Court wanted to satisfy both the parties to the case I.e. the Petioners and the Respondents by giving the "supposed" Serial No.1 to our cases for our satisfaction and put 9 other (Misc) cases before us and ensured that the Petitioner's request for two weeks adjournment is also acceded. What a way of dispensation of justice!


J.M. Aboobucker

*** WHAT'S IN STORE FOR TOMORROW * COURT HAS RISEN FOR THE DAY * LET US AWAIT COURT INSTRUCTIONS TO BE ISSUED TONIGHT ***

YET ANOTHER EVENTLESS DAY PASSES BY IN THE SUPREME COURT * OUR FOND HOPES OF AN EARLY HEARING DID NOT YIELD FRUITION * AWAIT DETAILS OF THE CLOSING OF THE DAY * PENSIONERS WAIT CONTINUES.

COURT RISES FOR THE DAY !

M Sreenivasa Murty

Chairman's speech in the Information Sharing Session

"The speech makes a pathetic reading as it is a cold narrative of a few randomly selected routine pieces of information, already available in the public domain. There is an unmissable 'disconnect' staring all over.  

"It is perhaps too much to expect any reference to Pensioners or their plight. After all, they are nothing more than a 'baggage' for LIC." 

INFORMATION SHARING SESSION - LIC CHAIRMAN'S SPEECH


LIC Chairman's speech made during 
INFORMATION SHARING SESSION 
on 24th January 2015 
now available. 

Click Here LIC CHAIRMAN'S SPEECH

We are the lowest cost pension providers in the world today, says PFRDA Chairman

The passage of the Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013, in September, 2013 and its subsequent notification in February, 2014 was a major milestone in the history of pension reforms in the country. Armed with statutory powers, PFRDA has the mandate to develop, promote and regulate the pension industry with its flagship programme, National Pension System (NPS), to serve the retirement needs of the people.

Tuesday, January 27, 2015

BANK NEWS

Circular issued by Union Bank of India regarding 
Staff Welfare Measures to serving and retired employees

    We forward herewith (Click below) the Circular issued by the Bank sent to us by Shri M.K.Mundul, Joint General Secretary, Union Bank Retired Employees' Association (Maharashtra).

Yours sincerely,
B.G.Raithatha,
General Secretary

Click Here STAFF WELFARE SCHEMES IN UNION BANK OF INDIA

DESIRABLE FOOD HABITS IN OLD AGE

Dr.Sujatha Ramamurti*


1. Eat a balanced diet that includes adequate carbohydrates, proteins, fats, vitamins and minerals from natural sources.

2. It is good to eat only when hungry and in moderate quantities.

3. Eat clean, well cooked, warm and easily digestible food.

4. Drink enough (about ten glasses a day) clean boiled and cooled water free from
pollutants.

5. Avoid too hot, spicy, irritant food.

6. Eat slowly and chew the food well.

7. Eat foods rich in fiber and antioxidants (eg., course grain, greens, fibrous fruits and vegetables).

8. If you are a diabetic, hypertensive, heart diseased, or otherwise sick eat as per doctor’s advice.

9. It may be advantageous to take a multi vitamin and mineral supplement (as per RDA).

10. Take a good breakfast, a moderate lunch and a light evening/night meal.  Avoid eating in between meals.

* Prof.of Nutrition, S.V.University, Tirupati-2.

WHAT'S THE POSSIBILITY...

If LIC Advocate quotes Justice Misra's words and presses for
adjournment, the case may be postponed. 

OUR PENSION CASES BEFORE THE SUPREME COURT OF INDIA‏

Dear Editor, 

The Final Daily List for tomorrow the 28th January 2015, is now available.

As I have earlier reported, our matters continues to be listed at Sl No 101 AFTER NINE Miscellaneous matters. Also, the Court sits up to 3.25 PM Only.

For the above reasons, as well as keeping in view the verbal directions issued by Justice Dipak Misra on 21st February in the Court (for posting our cases in the First Week of February), our matters are unlikely to be taken up for hearing tomorrow and there is no great chance of 'something happening'. 

The counsel would watch the proceedings and make a mention for a 'definite date' (ie., Feb 4 and for posting as the First case again).       

​Your readers will be updated on the developments tomorrow, as quickly as practicable. As advised by Mr Jay Savla, Advocate, I will not attend the Supreme Court tomorrow.  
 
Thanks and regards,
Sreenivasa Murty M

DAILY LIST FOR WEDNESDAY, 28TH JANUARY, 2015 
COURT NO. 6 SUPREME COURT OF INDIA Page 63 
HON'BLE MR. JUSTICE DIPAK MISRA HON'BLE MR. JUSTICE PRAFULLA C. PANT 

[ THIS COURT WILL SIT UPTO 3.25 P.M. ]

CONTEMPT CASE FILED BY PANCHKULA/CHANDIGARH PENSIONERS

Dear Editor,

The Contempt case against LIC & UoI, filed by our Pensioners of Panchkula/Chandigarh, was called today in the High Court of Punjab & Haryana, a little before lunch. 

As per the telephonic information I received from Chandigarh, (I spoke with Mr Brijjit Singh, Mr SN Chchabra and later with the dealing Advocate, Ms. Alka Chhatrath), LIC engaged a Sr advocate Me Atma Ram, who informed the Bench that LIC had already paid the amounts due in the HC Registry and there is no need to continue the contempt proceedings. There were arguments from both the sides.

On LIC counsel's request, Court directed the Petitioners to file the calculation details of the amounts claimed by ALL 31 Petitioners instead of the two illustrative examples given.

As suspected, LIC made yet another attempt to delay a decision in the contempt proceedings, on some pretext. We now await the Order passed by the court (to be available in a day or two) to know where exactly we stand and to decide further course of action 
 
Thanks and regards,
Sreenivasa Murty M

SR.DM & ORS Vs. SHREE LAL MEENA - SLP LIKELY TO BE LISTED ON 10-02-2015

There are some employees/officers who had completed 20 years of service and 
resigned from service after 1/1/1986. But the pension scheme of LIC was notified 
only on 28 th June 1995.Some of such officers have represented for coverage 
under the LIC (Employees) Pension Scheme.
In SheelkumarJain vs New India Assurance Co, the Supreme Court had held that 
resignation had to be treated as voluntary retirement in such cases making the 
resignees as eligible for being brought under the Pension Rules 1995 of the New 
India.Some Banks have also followed the rulings in the judgment.
Now there is an SLP(C) No 24108/2012 in Senior Divisional Manager,LIC & Ors vs 
Shree Lal Meena pending in the Supreme Court reportedly on the same subject and as 
per SC web-site it is likely to be listed for hearing on 10/2/2015.
In the above mentioned context, I had forwarded the AIBEA mail to ED(P) so that 
LIC can consider taking a pro-active decision.


Kind regards.
C H Mahadevan


I give below the status of the case:

"SUPREME COURT OF INDIA
Case Status Status : PENDING
Status of : Special Leave Petition (Civil) 24108 OF 2012
SR.DIVNL.MANAGER L.I.C & ORS. .Vs. SHREE LAL MEENA
Pet. Adv. : MR. D. N. GOBURDHAN 
Res. Adv. : MR. ANSAR AHMAD CHAUDHARY
Subject Category : SERVICE MATTERS - RETIRAL BENEFITS

Listed 2 times earlier 
Likely to be Listed on : 10/02/2015

Last updated on Jan 24 2015"
The case is likely to be listed on 10/2/2015.
Kind regards.
C H Mahadevan

*** NEW EDIT POLICY FOR CHRONICLE * NEWS' - total coverage * 'VIEWS' - selective and choosy ***

No more Laxman rekhas: Common Man orphaned...

Legendary cartoonist and creator of the Common Man, R.K. Laxman, one of post-Independence India’s greatest caricaturists, died of a cardiac arrest at Deenanath Mangeshkar Hospital here on Monday evening. He was 93.

RK Laxman , who joined The Times of Indiathe year India gained Independence and chronicled its ups and downs for over half a century, drew his last breath in Pune as the sun set on our 66th Republic Day.

The creator of the Common Man made millions of our readers smile every morning, but more importantly he captured the mood of a nation in the space of a small single column. It's both funny and sad that countless of his "You Said It" pocket cartoons still seem so relevant.


BANK NEWS


Banking News CLICK HERE

* AIBEA CC calls for cautious but decisive approach to clinch 10th Bipartite wage revision settlement CLICK HERE

Re: DENIAL OF PENSION OPTION TO THE COMPLOUSARY
RETIRED EMPLOYEES AS SETTLEMENT OF 2010
Re: SUPREME COURT DECISION CLICK HERE

Re: Benefit of notional service to voluntary retired
Employees under special VRS who completed more
than 19 and half years service CLICK HERE

Monday, January 26, 2015

VISIT AIRIEF WEBSITE 'AIRIEFVISION' - congratulations and good wishes to AIRIEFVISION

KNOW YOUR BANK ACCOUNT BALANCE

Know your bank account balance by giving a missed call to below numbers...
Don't waste your ATM transactions 
just to see your balance...
(your mobile number must be given in your bank account)
1. Axis bank- 09225892258
2. Andra bank- 09223011300
3. Allahabad bank- 09224150150
4. Bank of baroda- 09223011311
5. Bhartiya Mahila bank- 09212438888
6. Dhanlaxmi bank- 08067747700
7. IDBI bank- 09212993399
8. Kotak Mahindra bank- 18002740110
9. Syndicate bank- 09664552255
10. Punjab national bank- 18001802222
11. ICICI bank-02230256767
12. HDFC bank- 18002703333 
13. Bank of india- 02233598548
14. Canara bank- 09289292892
15. Central bank of india- 09222250000
16. Karnataka bank- 18004251445
17. Indian bank- 09289592895
18. State Bank of india-
Get the balance via IVR 1800112211 and 18004253800 
19. union bank of india- 09223009292
20. UCO bank- 09278792787
21. Vijaya bank- 18002665555
22. Yes bank- 09840909000

THOUGHTS ABOUT INCOME-TAX LIABILITY

I have a suggestion to make that will help pensioners.

Those who have attained the age 80 are eligible for I.T. relief for income up to Rs 5 lacs. As such they should be given arrears from the year of attainment without deduction of Tax. 
If one retired in 1990 at age 60 he would have attained age 80 in 2010. So his arrears for 2010 -2011, 2011-2012, 2012-2013, 2013-2014 should not be taxed. 
Other arrears can be clubbed with arrears of 2014-2015 and tax needs to be calculated after deducting Rs. 5 lacs. I hope this matter will be taken up with LIC Management as soon as decision is taken up about payment.

With best wishes,
B.D.Bhargava,
D-54, Kamla Nagar, Agra,282005.

*retired from LIC as Secretary (Marketing) C.O. In Nov. 1990. 

SHRI BHARGAVA INTRODUCES A UNIQUE BLOG . Our readers may visit and enjoy the site

Please click the link below.
ONEBACKPERDAY.BLOGSPOT.IN

NEXT DATE: 28TH JAN. OR 4TH FEB.?

Dear Shri. Gangadharan,

It will be a gross understatement if I say that you 
deserve all praise and congratulations for the 
excellent manner in which you covered  the court 
room proceedings in real-time, on the 21st. 

We also cannot  underplay  the   supreme  sacrifices made by  our  case managers who despite the limitations placed on them have been straining every nerve to ensure that our case is not just taken up, but placed on top of the list of the day and ultimately, heard.  Whether we win or  lose  the case  the credit or discredit  should never be attributed to those who championed our case. In cricket, sometimes , we have heard the captains saying that it is not  the victory or loss of the country for which they have played the game that matters  but ensure that under all circumstances  “the game of cricket wins”.  Similarly, whatever be the final outcome  in the Apex Court,  the victory or defeat should be viewed as one of the entire community of pensioners and not the individuals  who have laboured from behind.

Perhaps it is this psychology which is working on the minds of our  leaders and that which makes them indulge in ‘one upmanship’, forestalling any possible slip in the future. Otherwise, one doesn't see any reason for Messrs. Asthana and Srinivasa Murthy coming out with two different versions of the next date on which our case is fixed to be heard. I don’t think it is such an ardous task for either of them to contact the  other and come out with a date ; the real one. It will spare the pensioners logging on  to  the ‘CHRONICLE’  certain confusion and uncertainty. Having said  this, I fully agree with the viiews expressed by Mr.Sreeenivasa Murty  with regard to the develpments  of  the 21st  in the SC and the futility of  casting aspersions on the judiciary.
   
Is it going to be 28th of January or 4th of February?  Let us wait and watch.

With warm regards,
Venugopalan M.V

GRANTING FREQUENT ADJOURNMENTS - A MALADY

The following is the partial extract from Sunday Indian Express dated 25-01-2015 about delay in a Criminal case.  This may not relate to our situation but gives an insight into Justice Dipak Mishra's mind, as he is the presiding judge in final hearing of our case in SC. 

The bench consisted of Jusice Mishra and R F Nariman and Justice Mishra speaking for the Bench significantly observed that inordinate delays undermine the "concept that a civilised and orderly society thrives on rule of law which includes the fair trial for the accused"  One of the responsible factors, according to justice Mishra is the trial court's habit of granting adjournments, really an ailment, continues. How long shall we say 'Awake Arise'. There is a constant discontent. Courts "should not yield to the request of the counsel to grant adjournment for non acceptable reasons"

T SAMPATH IYENGAR
BANGALORE

BANK NEWS

Wage revision. BEFI's stand point

Click below to read

BEFI CIRCULAR

Saturday, January 24, 2015

Query reg MOU on DR for retirees‏

Query by Mr V Gopalan:

The record of proceedings says "in line with the DA formula in
operation in LIC of India" and does not say "in line with the DA
formula in operation in LIC of India for serving employees".
Is it safe to assume that it means "same DR for pensioners as
available for employees"?

My reply:

We are very safe in assuming that as(i) DA was referred to in 1994 in the context 
of employees as pension scheme had not been notified, & (ii) Dearness Relief is 
always referred to in relation to pension.

With greetings,
C H Mahadevan

BANK NEWS

UNION BANK RETIRED EMPLOYEES' ASSOCIATION

Chief Information Commissioner came 
to the rescue of a poor family pensioner

   We forward herewith an e-mail and its attachment received from Shri J.P.Shah, a RTI & Consumer Activist Member of our Association. 

Yours sincerely,
B.G.Raithatha,
General Secretary

Please click to continue.

Friday, January 23, 2015

FINAL LISTING NUMBERS IN SC

Final listing numbers are from Sl No 101 to 120. (only 20 cases).  None from from zero to 100. Above 101 will be a couple of For Judgement cases which take 3 or 4 minutes and a few Miscellaneous cases. The uncertainty is all about these Miscellaneous cases as it happened on 21st. 

Sometimes, The Bench may start with Sl No 101 without touching any of the Misce items. Let us hope that will happen on 4th February. 

M. SREENIVASA MURTY
M SREENIVASA MURTY

DA formula for pensioners mentioned in MOU with AIIEA‏


I have seen the latest post on the above in PC.

The record of proceedings says "in line with the DA formula in operation in LIC of India" and does not say "in line with the DA formula in operation in LIC of India for serving employees". Is it safe to assume that it means "same DR for pensioners as available for employees"?
  • We are again and again being assured that we will be listed No. 1 in next hearing. But so far, invariably our case is listed as 101 only after half a dozen of misc cases. Then what is the meaning of being listed No. 1 and being passed over every time for another day. Listed NO. 1 should result in our case being taken up first in the day's proceedings immediately after the Bench assembles for the day. Then what is this magic No. 101 which leads us to conclude it is No. 1?  Invariably 101 is listed only after 1, 2, 3, 4, 5, 6 etc?
Regards
V.Gopalan

BANK NEWS

Bipartite Negotiations

    We have received following SMS from Shri C.H.Venkatachalam, General Secretary, All India Bank Employees' Association.
'NEXT MEETING OF FULL NEGOTIATING COMMITTEE WITH INDIAN BANKS' ASSOCIATION WILL BE HELD ON 3RD FEBRUARY AT MUMBAI"
B.G.Raithatha,
General Secretary

KS Raman's ire

I know they will turn off
computers ('Raman Effect')
 




I saw the latest communication stating that the case may not come up on the 28th. Is it his 'wishful' thinking?

I request him not to disappoint his sycophants who will miss the minute to minute reporting. 
... ...
....

K.S.Raman

Listing on 28-1-2015

Dear Editor,

With 9 other (though termed as Misc.) cases before our cases which even though allotted the Sl No.101 (taken as No.1) is very UNLIKELY to be taken up on the listed day I.e. 28-1-2014. Most probably our wait may drag on through February 2015.

I am at a loss to know what purpose will be served by listing so many cases for a single day when it will be impossible for the Bench to take up all those listed cases except perhaps for the Benefit of the Supreme Court Advocates who will be available at the Court Hall at the litigants' expenses knowing fully well that their cases are most unlikely to be called up for the day's hearing. It appears to be a vicious circle in the legal quagmire and the poor litigants are taken for a ride by the System.

J.M. ABOOBUCKER.

IT EXEMPTION LIMITS MAY GO UP

The government may go in for raising the income tax exemption limit to Rs 3 lakh from Rs 2.5 lakh in the Union Budget 2015-16 to place more money in the hands of consumers so that demand picks up.

If the proposal is approved, it is also likely to entail some changes in the tax slabs bringing more relief to people in the lower-income brackets and taxing those in the high-income slabs more.The lowest slab will cover those in the Rs 3 lakh-Rs 10 lakh bracket and they will be charged 10 per cent. Earlier, the lowest slab extended up to Rs 5 lakh.

Those in Rs 5 lakh-Rs 10 lakh slab had to pay 20 per cent tax.According to sources, the government is also considering a proposal to tax the super-rich, who pay 10-per cent surcharge on their 30-per cent tax liability (tax on tax) at a much higher rate of 33 per cent.

MOU with unions already referred to in Jaipur case

DHAMIJA WRITES




Dear Sri Gangadharan, 

I have seen several Posts in the Chronicle, on our cases having been listed at Sl No 1 on 28th January 2015 and some leaders suggesting that 'something is expected to happen on that day'.

I wish to recall for the benefit of all concerned, specially all your readers, what transpired in the open court on 21st January 2015 at 1.00 PM. On the matter being raised by several counsel, His Lordship specifically directed for hearing in the First week of February'. On their renewed request for the top slot, Justice Misra assured all 'yes, I know, I remember, it will be in that position'.

According to the information I received, our cases are not going to be taken up on 28th Jan. In that event, all the counsels should make sure by mentioning on that day once again that we are listed at Sl No 101 on 4th February, which should happen without any difficulty.

I may also report that on 28th January, there are NINE Miscellaneous matters above our case and the Bench sits up to 3.25 PM only.

As advised by Mr Jay Savla, I do not propose to visit Delhi on 28th January.  

Thanks and regards,
Sreenivasa Murty M

Thursday, January 22, 2015

MOU between LIC and the Unions dt 14/1/1994‏

From the mails circulated among 
pensioners and one of the postings in the LIC 
Pensioners' Chronicle, it has been stated 
that there was a MOU between LIC & all
UNIONS dt 14/1/1994 wherein unequivocally 
'SAME DR for PENSIONERS as SAME DA for 
EMPLOYEES'.

But this understanding was not adhered to while framing the LIC Pension Rules 1995 notified on 28/6/1995, with the result that for those retired from 1/1/1986 to 31/7/1997, the rate of DR followed for retirees was much less than the rate of DR for employees.

The MOU was only honoured w.e.f from 1/8/1997, that too in respect of the employees retired from that date.

I would welcome any of the readers to send a copy of the memorandum, if available to my email ID or post the same in the two blogs, as it will be a very useful document in our legal fight especially of great value to pre-August 1997 retirees.

With greetings,
C H Mahadevan

LISTING

OUR *SLPS ARE LISTED ON THE TOP IN THE WEEKLY CAUSE
LIST ON 28TH AS ALSO IN THE DAILY CAUSE LIST ON 28TH, NOW IT IS EXPECTED THAT SOMETHING WILL SURELY COME OUT ON
THE SAID DATE.
KML ASTHANA
______________
*LIC's appeals Ed.