* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

Tuesday, April 30, 2013

AIIPA's NOTE DATED 16-10-2011 ON JAIPUR BENCH OF RAJASTHAN HIGH COURT CASE

Read details for reference purposes.

CPI FOR QUARTER * JANUARY 221 * FEBRUARY 223 * MARCH 224

click here CONSUMER PRICE INDEX

LIC PENSIONERS CALICUT



now...
You too can contribute an article
a brief and a beautiful idea
couched in words
for seniors to go through.

it may be anything
about or against a union
that’s no concern
we for sure 
also don’t accept your idea
but we encourage
do enjoy a discussion.

so now you can 
think and jot down
wrap and drop it to us.
___________________________
id: licpensionerscalicut at hotmail dot com

Sunday, April 28, 2013

PROF. POSITIVE AND HIS MUSINGS FROM AN EASY CHAIR...




            nithin_pb@yahoo.in            

It is now the turn of our Shri MP Subrahmanian from Madurai – Professor Positive  -  a new comer to the scene. He has emerged from his den after more than 21 years of his retirement and joined arena despite the failing health of his spouse suffering from "hypertension and diabetes" (we are all senior citizens spending the evening of our life with all these diseases and even more - we require no sympathies please!).  Professor has studied the whole scene, LIC history and also problems of pensioners and made inquiries from his old students, friends and well wishers to know who is GN Sridharan having claim for a long innings in the Corporation. 

He was very successful in collecting precise information that GNS was General Secretary, that "he was an Advocate with fame and standing and a well–trained and seasoned Politician." Equipped with this brief he argues:"...when a sizable section ponders over a pointed goal," here is an egoist, a negative professor coming to tell us there are defects. Please click on 'Read more'below. 

Saturday, April 27, 2013


Dear Shri Subramanian, 
  •  Your open letter to Shri Sridharan is soul stirring for the reason that it conveys the feelings of about thirty thousand hapless pensioners who were being treated as meek and spineless by the majority organization which always talked of "watching the interest of in-service employees" while signing one after the other Charters of Demand for them. 
  • They ensured that "not a single penny" is spared for the pensioners who should remain contented with their lot.  
  •  No doubt we were happy that now the Organization whom we served with  utmost honesty has given appreciable increase in the pay structure of in-service employees; but somehow we were feeling cheated that even after Board Resolution and Rajasthan High Court judgments,  justice is being denied - thanks to some self-styled protagonists who were more concerned about the health of the Organization which would have otherwise gone to the ICU had Board Resolution been implemented. 
Hats off to you Sir once again for dissecting with utmost precision the entire case which was so 'wishfully' woven by the learned advocate, eminent leader and "well wisher" of the pensioners. 
Regards,
S.P. SOOD
CHANDIGARH

OPEN LETTER TO GN SRIDHARAN - SRI SRIDHARAN TO JOIN THE ISSUE SOON..


Sridharan G.N (oppilisri@gmail.com)
10:11AM

To: pggangadharan@hotmail.com
Cc: mpsmadurai@gmail.com
Dear shri Gangadharan,
Thanks for your mail. I confirm having received  the Email letter of Shri MPS. Taking it to be a one to one communication I had sent an interim reply also seeking time for a detailed reply. Actually my High Court vacation starts on 1/5 and I am also busy with the AGM of our Chennai unit on 5/5. You can await my reply to MPS letter.
Regards.
GN SRIDHARAN

REACTIONS - OPEN LETTER TO GN SRIDHARAN.


Dear Subramanian,

Your letter to a very learned counsel, big politician, a leading personality makes very funny and interesting reading. Why he could not get DR issued settled during the last about 15 yrs if it was a simple issue. And his stale suggestion ("Let us get DR difference now and raise our demand for Pension Revision subsequently") looks funny at this point of time when the HC Jaipur Single judge followed by DB and Review have allowed two petitions on DR anomaly and pension updation.  

The Delhi HC and Punjab & Haryana HC JUDGMENTS ARE ALSO BASED 
UPON JAIPUR JUDGEMENT.  ALL HAVE TO LEND MORAL AND FINANCIAL 
SUPPORT TO JAIPUR PETITIONERS FOR TAKING THE 
ALREADY WON BATTLE TO A FULLY SUCCESSFUL VICTORY. 
AND NOW THE TIME IS NOT FAR OFF. WE HAVE TO HAVE PATIENCE.

With best wishes and regards,
HK Aggarwal

Wednesday, April 24, 2013

SHRI ASTHANA HAS A DIFFERENT VIEW; LET HIM DO HIS JOB, SAYS VK MEHRA.



From: vkmehra1950@yahoo.co.in
Subject: PENSIONERS CASE

  • I am of the opinion that after retirement 'class' war should not be in the picture as all the pensioners sail the same boat. 
  • Moreover, when this fight was started, Mr. Asthana was all alone who had taken the initiative. By the time & according to the circumstances - "Karwan Badhta chala gaya". 
  • The moves which are in the mind of Mr. Asthana, can not be overcome. He has all the anticipations.
  • When on 15.04.13, it had come in our minds  that even the Highest Court could not specify a clear solution to the issues raised before it, I think, it is Mr. Asthana who had the ability to go for the next step immediately despite the criticism or negativity shown by some of the pensioners as has come in the picture.
  • So, not to go for so long, I pray all the negative minds to please bear the delay & let Mr. Asthana do his job, with "ONE VOICE" - of all the pensioners throughout the country.
vk mehra









SHRI V.G.K. PILLAI, 
SECRETARY,LIC PENSIONERS UNION (AIIPA)TRIVANDRUM ADDRESSED
A PENSIONERS GATHERING
AT SAROJ BHAVAN, CALICUT
at 4 PM TODAY (24-4-2013).

WHAT'S TO BE ACHIEVED BY CONTEMPT PETITION IN JAIPUR?



Dear Shri Gangadharan,

I am a regular viewer of your Blog and it gives regular and uptodate information on our pension matters.
  • The latest Supreme Court Order dated 15-4-2013 says that as no case is made out for issuing any further directions to the Petitioners in the matter of deposit of the amount in terms of the initial order passed by the Supreme Court, the Application was being dismissed. 
  •  My understanding of this order is that the Supreme Court was convinced for the time-being that the "amount" mentioned in its earlier order had been remitted. That being the case, what is going to be achieved by pressing the Contempt Petition again in Jaipur Court? 
We have to wait till the SLP is taken-up by Supreme Court.
Thanks.
T. Lakshminarayanan,
t.in2010@yahoo.com
               Retired in 1991 from Zonal Office, Chennai.

Tuesday, April 23, 2013

PRAISEWORTHY, PIOUS HOPES...


In a democracy all have the right to air their views. Now I am clear. There are two Federations - one AIRIEF representing all employees and the other of Class I Federation. While both claim to fight for pensioners problems, but there is lot of ego problems in the second one known for creating confusion and coming on the scene only when they feel the others may get justice and gain, thus lose no time in airing negative line of actions of the Association.

Anyway I am of the opinion that retired employees must not create bends at this fag end of their lives, but remain UNITED irrespective of class, cadre, association, union or organisation and continue to lend moral and financial support to Sh. KML Asthana supported by AIRIEF.

Hope all of you will also appreciate and request all pensioners that no one should initiate any moves which may not be helpful in the legal fight which is heading towards a successful end, though sometimes inbuilt delays of our legal system may come in the way and cause anxiety. But let's remain positive and as Sh.VC Jain said TRUTH WILL WIN IN THE LAST. SATYA PARESHAN HO SAKTA HAI PARAJIT NAHIN. 

HK AGGARWAL

WE'VE A REASON TO SERVE YOU BETTER !


Monday, April 22, 2013

STORY OF A GREAT VICTORY CAMPAIGN, POOR PENSIONERS STANDING IN THE QUEUE TO TAKE ARREARS CHEQUES AND ALL THAT...




          nithin_pb@yahoo.in          


( "It was a mature, very serious and sincere approach on the part of CH Mahadevan. His maturity and wisdom could be seen throughout his article. One could see his nobility too...",writes the author.- Editor) 


Scene 1

ONE PERSON TO THE OTHER: "...so-and-so died."
THE OTHER PERSON: "Achhah!"

Scene 2

The other day I told an LIC pensioner: "Supreme Court dismissed petitions....."
LIC pensioner: "Good news.  Now when we will get pension and arrears ..."  He kept on asking me more questions.

This friend was not prepared to believe that Shri Asthana had submitted an interlocutory petition and the same was dismissed.  He has not heard the word 'interlocutory' etc.  To him, dismissal meant, dismissal of LIC's SLP only.  He is too old. He is a simple man... an average pensioner.  His mind is so tuned to think that he will interpret anything and everything to his advantage only.Dismissal meant for him, dismissal of SLP only.  He wants money.  Badly so. He has been told he will get it soon.

When I heard him, I remembered what I once read in 'LICPENSIONERSCHENNAI'. A pensioner was  writing that he worked in different capacities...as Assistant, SH, HGA and also as a Supdt. etc. for various periods and was enquiring if anybody has got a program to workout his arrears...  CLICK ON 'READ MORE' BELOW.

SHRI GN SRIDHARAN'S LETTER...



We are glad to republish Shri GN Sridharan's letter with just one modification calling for more reactions on the subject. You will not find his expression "cheerleaders" here, otherwise the whole letter containing 4 sentences is reproduced for a better appreciation of the points raised by him. We have already received valuable comments from Shri KML Asthana,Shri CH Mahadevan,Shri LSR Krishna Rao and Shri Surinder Sood 
- Editor.


KML ASTHANA
CH MAHADEVAN
1.  One would wish that the pensioners had not been made to wait so long as they had to
live on hopes generated by certain persons during the past long three years.   


2.  The approach was evidently unproductive as expressed by me repeatedly,
though it earned displeasure from certain quarters.  

LSR KRISHNA RAO
SP SOOD
3.  We hope our members would now realize that it would have been prudent to get the 
SLPs through, rather than hanging on to a sticky issue through repeat petitions, withdrawals 
etc.besides watching the matter being tossed up between Supreme Court and High Court.  

4. Pensioners, we still feel, would have got at least one issue of DR sorted out much earlier and could have pursued the tougher issue of Revision of Pension through a different route strategically rather than relying on Judiciary alone.



Sunday, April 21, 2013

AN UPDATE ON COURT MATTERS...



AN UPDATE ON COURT MATTERS
issued by
FEDERATION OF RETD. LIC CLASS I OFFICERS'
ASSOCIATION, CHENNAI.

Please click on "Read more" below for details.

I fully agree with the comments of Shri Sood . We have grown up to an age and stage that one should not pin point at us. The mudslinging activity do not help us in any manner whereby it affects the health of the writer as well as the reader psychologically.

Now, Aastanji has brought the case to a stage whereby there is no alternative 
left to the LIC to act accordingly, of course there is every possibility to delay the things
 in their usual and professional manner.

We are able to see from the horizon the rainbow in its true colors that all the pensioners will be 

able to concentrate on the calculation of arrears due to them whatever be the Organization/Association 
they do belong as on to day.
On my behalf and on behalf of MACHILIPATNAM Division pensioners

Federation I request every pensioner to contribute to lend the moral, physical
and financial strength and support to the cause of pensioners i.e. to
to Shri Aasthanaji who is alone fighting for the cause of pensioners.

I hope and trust that every one is now ready to do their best to support our cause of UP-GRADATION PENSION to every retired LIC employee whatever be the cadre at the time of their retirement.

With warm greetings,
L S R KRISHNA RAO

Saturday, April 20, 2013


Dear Shri Gangadharanji,

 We were anxiously awaiting to hear from Sh. Asthana after 15/4 SC Orders and his mail of 18th April and subsequent clarification is welcome. Your Blog referred to the reaction of some of our pensioner-friends, who were all along opposed to Sh.Asthana;  and did not lose any opportunity to hit at him. This time they have not spared even those who support him ( now branded as cheerleaders).  There is nothing new in it. So it is better not to waste our time and energy to counter them because they will continue to cling to their perceptions..
Let me quote what  Saint Kabir has said:

निन्दक नियरे राखियेआंगन कुटी छवायबिन पानी-साबुन बिनानिर्मल करे सुभाय ….

Nindak niyare rakhiye aangan kuti chhawaye;

Bin  pani-sabun bina nirmal karat subhaye.”
'Keep your critics close to your heart,Give him a cottage near your house, because he purifies you without soap and water'.
We all know that a good batsman does not respond  to the comments of his adversaries instead lets his  Bat do all the talking.
So we should concentrate on future and continue our support to AIRIEF and Shri Asthana.
With warm regards, S.P.SOOD

FEEDBACK...

SIR,
THANK U.
ACTUALLY NO AMOUNT OF THANKS IS SUFFICIENT TO BE MENTIONED FOR YOUR HELP TO THE PENSIONERS.
I AM HIGHLY OBLIGED FOR KEEPING MY NAME ON YOUR MAILING LIST.
SINCERE REGARDS
AK GOSWAMI,KOLKATA

ON GN SRIDHARAN'S COMMENTS...






          CH MAHADEVAN, HYDERABAD          
  chmahadevan@rediffmail.com

As regards the long waiting for pensioners for justice, it is quite normal for any matter fought in the courts of law that the potential beneficiaries have a long wait for justice.

Judgments should not be passed on individuals merely because some temporary reverse was experienced in the Supreme Court that too on an Interlocutory Petition which Mr Asthana was forced to file because the Jaipur HC Bench did not decide the Contempt Petition which it could have done considering the observations of the Supreme Court dated 15th April, 2013 that no case has been made out for issue of any further directions to the Petitioners (LIC).

My personal opinion is that Mr Asthana’s hands have been strengthened to obtain a decisive order on the contempt petition pending before the Jaipur HC Bench, as according the latest SC order, the clarificatory interim order of 17-10-2012 should be the guide for the Jaipur HC Bench for arriving at a decision in the case. And Mr Asthana can be expected to use this as an opportunity to get a favourable verdict from the Jaipur HC Bench when the hearing takes place.

Mr G.N. Sridharan has mentioned emergence of cheerleaders during the past three long years. It cannot be overlooked that for more than 11 longer years Mr Asthana was fighting the case in Jaipur with only 26 others in their individual capacity and after the long fight he could get a favourable judgment from Jaipur Single Judge bench on 12/1/2010. This was subsequently upheld by the Division Bench and also Review Petition filed by LIC was dismissed.

Such a pensioner-friendly result was not achieved so far by any individual or by any of the Associations. In such a situation the proper course for all pensioners will be to support the continuing efforts of Mr Asthana, as AIRIEF is doing.  Even the apparently favourable order secured by the Federation of Retired LIC Class I Officers’ Associations from the Delhi HC has based its judgment on the Jaipur HC Bench judgments. Even here there seems to be no movement on the part of LIC and it seems that the beneficial effect of the order is closely linked with the outcome on the SLP. Click on 'Read more' below.

Friday, April 19, 2013

ASTHANA COOL,SAYS FIGHT IS ON...


 Sh. KML Asthana has issued the following statement :-

  • THE SUPREME COURT HAS DIRECTED THAT NO FURTHER DIRECTIONS ARE REQUIRED WHICH MEANS THE ORDER OF RAJASTHAN HC TO SEEK DIRECTIONS DATED 15-1-2013 HAS BEEN REPULSED.  NOW RAJASTHAN HC WILL HAVE TO PROCEED WITH THE CONTEMPT PETITION.  I AM FILING APPLICATION FOR IMMEDIATE IMPLEMENTATION OF THE JUDGMENT OF JUSTICE BHANDARI DATED 12-1-2010.  NOW RAJASTHAN HC CANNOT DEFER ANY FURTHER. THE CONTEMPT PETITION IN HC IS LISTED ON 29TH APRIL 2013.
  • "THERE IS NOTHING IN THIS ORDER TO WORRY FOR US. THE PENSIONERS SHOULD NOT BE MISGUIDED BY ANTI-PENSIONER ELEMENTS WHO ARE AIRING RUMOURS WHICH HAVE NEVER TURNED OUT TO BE CORRECT.  THEY MOSTLY BELONG TO THE PARTY WHO HAVE NOT PAID ANYTHING TO THE LITIGATION FUND. THEY ARE THOSE BELONGING TO SRIDHARAN AND AIIPA GROUP.
  • Please click on 'READ MORE' below.

Thursday, April 18, 2013

GN SRIDHARAN'S COMMENTS ON SUPREME COURT ORDER.









The IAs filed by Sh. Asthana have been dismissed by Supreme Court on 15th instant.  

While it will be fair to appreciate the tenacity with which the contempt issue was fought, one would wish that the pensioners had not been made to wait so long as they had to live on hopes generated by certain persons who assumed the role of cheerleaders for him during the past long three years.  

The approach was evidently unproductive as expressed by me repeatedly, though it earned displeasure from certain quarters.  

We hope our members would now realize that it would have been prudent to get the 
SLPs through, rather than hanging on to a sticky issue through repeat petitions, withdrawals 
etc.besides watching the matter being tossed up between Supreme Court and High Court.  

Pensioners, we still feel, would have got atleast one issue of DR sorted 
out much earlier and could have pursued the tougher issue of Revision 
of Pension through a different route strategically rather than relying   
on Judiciary alone.



SEEING THE SUNSHINE THROUGH THE RAIN !


              vk bhasin              
       GENERAL INSCE. PENSIONERS ASSON.



I have gone through the Order of the Supreme Court. I have equally perused the actual proceedings as forwarded to me.

Let me tell you that the Judgment given by the High Court in the cases firmly stands in the eyes of the Supreme Court. They have with force reiterated that the Supreme Court Order earlier passed in respect of DEPOSIT OF ARREARS also stands. It is just a matter of actual deposit of arrears which LIC has played around to an extent. Morally it is our VICTORY.

Since LIC alone can vouch calculations of arrears, they have in essence confirmed that they deposited the required amount of arrears.  So the Court cannot pass any Order for not depositing the arrears due to Petitioners in the Cases decided by the Supreme Court.  I had already advised that we could get the Truth by filing RTI applications.  This could even be done separately by any citizen of India and not necessarily by the Petitioner(s). This should and must be done is also my considered opinion. Click on 'Read more' below.

Wednesday, April 17, 2013

THANK YOU FOR YOUR SUPPORT !

          yogi.ysingh@gmail.com          
        YOGENDRA SINGH

Please accept my heartiest congrtulations on launching a most potent and effectively maintained Calicut Blog site. 
You are the First one to send the Supreme Court Order. 
Great Job! Thanks. Yogendra Singh 

LATEST SUPREME COURT ORDER: APPLICATIONS DISMISSED !


We have just received the latest order issued by the Supreme Court of India which is  reproduced below:-


O R D E R
Heard learned counsel for the parties.
In our view, no  case  is  made  out  for  issuing  any  further direction to the petitioner in the matter of deposit of the amount in  terms of the initial order passed by the Court.The applications are accordingly dismissed.

Please click on 'Read more' below for the full order.

Tuesday, April 16, 2013

SUPREME COURT PROCEEDINGS ON 15-4-2013...











we have just received a brief note prepared by shri r.b. kishore on supreme court proceedings 
on 15th april 2013.





LIC COUNSEL SH. MANU SINGHVI WAS NOT PRESENT IN FORENOON – THERE WERE 3 JUDGES IN THE BENCH WHICH INCLUDED MR. JUSTICE KURIAN JOSEPH NEWLY POSTED  TO SC.

OUR COUNSEL MADE THE INITIAL  PRESENTATION. HE SAID THAT AS PER PROCEEDINGS OF 15-3-2013 WHEN SC BENCH ASKED LIC COUNSEL ORALLY WHAT AMOUNT LIC HAD REMITTED FOR PENSION , THEY COULD NOT REPLY.  EVEN NOW THEY MAINTAIN SILENCE ONLY ABOUT THIS CRUCIAL MATTER.  

LIC COUNSEL SAID THEY HAVE REMITTED FOR PENSION ALSO AND QUOTED SOME AMOUNTS. OUR COUNSEL CATEGORICALLY SAID THAT MEAGRE AMOUNT REMITTED IS FOR DR ONLY, THAT TOO FROM 1-8-1997 AND NOT FROM DATE OF RETIREMENT.

AT THIS STAGE, 2 JUDGES OTHER THAN HON JUDGE G.S. SINGHVI INTERVENED TO KNOW ABOUT REVIEW PETITION IN JAIPUR HIGH COURT.  OUR SR COUNSEL SAID THAT REVIEW PETITION WAS DISMISSED AND PENSIONERS WERE WINNERS.
Please click on 'Read more' below.

Monday, April 15, 2013

SUPREME COURT DEVELOPMENTS...


It is but natural to have anxiety and concern when there is no news regarding SC proceedings.
It is all unofficial and the information is that SC  has passed  some verbal orders while hearing the applications and  written orders are awaited.
Mr Asthana and AIRIEF team are in Delhi waiting to receive the orders and to take necessary action accordingly. 

It is learnt SC has asked for filing an application for early disposal of the SLPs. However further action depends upon written orders of the SC which have not come up on the SC web site so far. Let us hope NO NEWS IS GOOD NEWS.
HK Aggarwal, Mohali, Chandigarh.

SUPREME COURT DEVELOPMENTS still AWAITED !


SOURCES CLOSE TO 'LIC PENSIONERS CALICUT' ARE UNABLE TO GIVE AN AUTHENTIC VERSION OF WHAT TRANSPIRED IN THE COURT TODAY.  

BY TOMORROW, IT WILL BE POSSIBLE FOR US TO GIVE YOU SOME INDICATION. THERE ARE ABOUT 600 VISITS TO THE BLOG TODAY. WE ARE SORRY,
WE HAVE DISAPPOINTED THEM. 

EFFORTS ARE ON TO GATHER INFORMATION AND FLASH IT FOR YOU.
PLEASE KEEP IN TOUCH ! 



Sunday, April 14, 2013

OUR PRAYER - JUST AND RIGHT !



We have LIC's arguments before us.  


We have also with us Shri KML Asthana's well founded arguments.

When the Supreme Court considers the issue in its details, the LIC pensioners across the country pray that the court gives a fair judgment. Keep aside small issues and give prime consideration to the Special Leave Appeal.
Yes, dismiss it, that is our prayer.

Saturday, April 13, 2013




In his rejoinder to reply filed by LIC of India, Shri KML Asthana affirms: " ... in their (LIC) view the Central Government is over and above the Courts and this act amounts to contempt of this Hon’ble Court as well as the High Court and in one manner denial of their existence.  What matters to them is the Central Government and the verdict of the Court has no meaning.

IS THE CENTRAL GOVT. A PARTY TO
DISPUTE?  WHERE'S THE CENTRAL
GOVT. COUNSEL ?
" It is submitted that the question of Sections 21 and 48 has been duly concerned.  Section 21 deals with matters of POLICY INVOLVING PUBLIC INTEREST. This has no relevance to the present case since it is not a matter concerning Policy involving public interest.  It is worth submitting that the Petitioner (LIC) is itself violating the National Litigation Policy which is a matter of public interest, similarly, it is misusing the policyholders’ money in an indiscriminate manner of which they are the trustees, no directions in this regard have been obtained from the Central Government.

"It is further submitted that the matter of revision of pensions is not at all concerned with Section 48 rather it is already provided in Rule 55 of the Pension Rules and the Chairman has always been revising the pensions in exercise of his powers under Rule 55 of the Pension Rules.  In this connection a copy of the Circular issued by the Chairman in exercise of his powers as vested in Rule 55 of the Pension Rules is submitted for the kind perusal of this Hon’ble Court.

"Besides, a perusal of the Sections 48 and 49 of the LIC Act would reveal that there is no prohibition on revision of pensions. Therefore the whole contention of the Respondents is false and frivolous.... " 

( EXCERPTS FROM THE REJOINDER FILED BY SHRI ASTHANA TO LIC'S  REPLY IN SUPREME COURT.)


  

Thursday, April 11, 2013


In the affidavit submitted by Life Insurance Corporation of India, LIC has stressed its arguments once again.  They have stated "...the most vital point now arises for consideration is concerning Sec.21, 48 and 49 of the LIC Act 1956.  The approval by the Board on 24-11-2001 cannot tantamount to an amendment.  The Central Government has to finally amend and make rules, unless and until the same is done, Board Resolution is of no consequence.

The LIC then goes on to reproduce Sec. 21, 48 and 49 of LIC Act and says, "It is submitted that the Board Resolution dated 24-11-2001 cannot and by any stretch of imagination do offence to the statutory scheme of the above mentioned sections.

LIC has also stated: "It is respectfully submitted that the Board Resolution dated 24-11-2001 is a recommendation to the Central Government to approve grant of 100% neutralization of Dearness Relief for pensioners retired prior to 1-8-1997 and to amend LIC of India (Employees) Pension Rules 1995 to this effect.  The Corporation does not have power to amend pension rules which are statutory rules notified by the Central Government in terms of Sec. 48 of LIC Act, 1956. "

Approval by the Board cannot tantamount to an amendment, the Central Government has to finally amend and make rules, unless and until the same is done, Board Resolution is of no consequence etc. are LIC's arguments. 

They have repeated their arguments.  LIC is at it onceagain!

Please click on 'Read more' below for full text of Shri Asthana's rejoinder.

HOPES FOR THE MORROW !


Excerpts from bulletin published by Reserve Bank  Retired Employees Association,Kochi on pension updation in Reserve Bank of India...
                     
Pension Updation


“… It is learnt from reliable sources that the Governor who is keen to find a solution to the issue had a meeting with the Hon. Finance Minister, Shri Chidambaram recently and convinced him that the additional expenditure on account of pension updation in RBI would not have an impact on its income and would be met out of the pension funds lying with the Bank. 

The Finance Minister, in turn, had a briefing with the Finance Secretary subsequently. In the light of this development, a positive letter from DG(C) has gone to the Finance Secretary. 

A three-member team from Central Office will be leaving for Delhi in the first week of April to meet the Finance Ministry officials to finalise the parameters.  Once the modalities are finalized after discussions with the Government officials, the entire process is likely to be completed by May 2013…”

Wednesday, April 10, 2013

REVISED MEDI-CLAIM PREMIUM AND EXPECTED REFUND CHARTS...



AT YOUR SERVICE !

DEAR ALL,
As per the recent CO circular dated 5th April 2013 informing the renewal of the Group Medi-claim policy for FY 2013-14 on the existing terms and conditions, there is a 6.8% reduction in the premium for the current year and all members of the scheme are entitled for refunds out of the premiums already paid before 31st March 2013.
I attach the chart showing the revised premiums and expected refunds on account of the downward revision.
With greetings,

C.H.Mahadevan
Click on 'Read more' below for CHARTS.

Tuesday, April 09, 2013

WHAT'S IN THE COOKING....


The interlocutory applications filed by Shri KML Asthana were called on for hearing on 15-3-2013 when the Supreme Court ordered to issue notice to LIC directing them to file replies to the points raised by Shri Asthana in the applications.


LIC has now filed its replies in about 47 pages.  The interlocutory applications and the replies filed thereon by LIC will be taken up for consideration on 15th April 2013 for directions and appropriate orders for interim relief, if any.

It will be remembered that the court had sought the following details from LIC:-

THE AMOUNT DEPOSITED SO FAR,FOR WHAT PURPOSE THE AMOUNT WAS REMITTED, AMOUNT REMITTED TOWARDS PENSION REVISION AND IF NO AMOUNT WAS REMITTED TOWARDS PENSION REVISION (AS TO SPECIFIC QUERY FROM SC BENCH LIC COUNSEL REPLIED THAT NO AMOUNT IS REMITTED TOWARDS PENSION REVISION SO FAR) THE REASONS  THEREFOR.

Further details are awaited.


Monday, April 08, 2013

RENEWED APPEAL FOR FUNDS !



The litigation has reached its climax.  Supreme Court case is listed on 15-4-2013. Expenditure is very heavy in the SC. If you feel the request for contribution, to fight the case for all the pensioners irrespective of their affiliation with one or the other Association/Federation, has some justification, please do contribute by sending cheque for your donations in the name of Sh. Asthana or in the name of AIRIEF  so that the case could be forcefully contested. 
(Sh. Asthana's appeal reproduced.)

Sunday, April 07, 2013

MEDI-CLAIM


It is to be brought to the notice of all the members of scheme that intimation of claim should without fail reach the office within 7 days of admission to hospital and the claim must be filed within 20 days of discharge from the hospital.

Those employees/retired employees who have opted for enhanced sum insured have to bear the full premium for the enhanced portion of the sum insured.

Medi-claim premium has been further reduced this year too.  All insured in-service and retired employees will be, therefore, eligible of refund of premium.  Central Office will shortly issue a circular in this behalf.

Saturday, April 06, 2013

MEDI-CLAIM POLICY RENEWED FOR THE YEAR 2013-14



Dept : Personnel/ER "Yogakshema",
Jeevan Bima Marg,
Cir. No.: CO/PER/ER-A/031/2013 Mumbai - 400021.
05th April, 2013.
To
ALL OFFICES OF THE CORPORATION


Our Group Mediclaim Policy covering in-service employees, retired employees and their dependents has been renewed for the year 2013-2014, on existing terms and conditions with The New India Assurance Co. Ltd. All existing benefits shall continue to be available under the Policy. The claims shall be administered directly by The New India Assurance Co. Ltd. through its designated servicing offices. Click on 'Read more' below to read the full Circular issued by LIC.