Daily I see posts in the Chronicle about 100% DA
neutralisation and pension upgradation in RBI BANKS
BWDB B'LORE, etc but nothing about the progress in
our case. We have submitted memorandums and
met MPs, Ministers including Finance Minister
Arun Jaitely who promised to look into the matter to
settle our issues. Alas, no result has come out so far.
Association leaders want us wait patiently till 12 08 2014.
But what is the guarantee that it will not be adjourned...
We can not achieve our goals unless 1. SC gives a firm
verdict in our favour 2. LIC takes a decision to honour
HC/SC judgements (which will never happen) 3.The
Mof directs LIC to honour HC/SC judgements.
Will any of these happen?
A V Subbaraman Coimbatore Division
A REMINDER TO SHRI ARUN JAITLEY
Sri Arun Jaitley,
Finance Minister,
Government of India.
Most Revered Sir,
We draw your attention to the following facts for your consideration and immediate action.
1) Sri Muneeswarnath Bhandari,Single Judge of Jaipur Bench of Rajasthan High Court admitted two writ petitions filed by Sri Krishna Murari Lal Asthana on12th January 2010 with regard to
a) 100% Neutralisation of Dearness Allowance to Pre-August retirees of LIC
b) To revise pensions according to wage revisions effected in 1992, 1997, 2002 and 2007.
The Judge directed LIC to implement the resolution of the LIC Board dated 24th November, 2001.
1) Sri Muneeswarnath Bhandari,Single Judge of Jaipur Bench of Rajasthan High Court admitted two writ petitions filed by Sri Krishna Murari Lal Asthana on12th January 2010 with regard to
a) 100% Neutralisation of Dearness Allowance to Pre-August retirees of LIC
b) To revise pensions according to wage revisions effected in 1992, 1997, 2002 and 2007.
The Judge directed LIC to implement the resolution of the LIC Board dated 24th November, 2001.
The resolution was in respect of
i) Neutralisation of D.A and
ii) Upgradation of pension according to every wage revision.
i) Neutralisation of D.A and
ii) Upgradation of pension according to every wage revision.
The appeal of LIC challenging the above verdict was dismissed by the division bench of Rajasthan High Court on 21st January 2011. The review petitions filed by LIC on this verdict were dismissed by the Rajasthan High Court on 19th August 2011. The Punjab & Haryana High Court, Chandigarh High Court quoted the judgement of Sri MN. Bhandari and ordered LIC to pay the amounts due to pensioners with 12% interest. The Delhi High Court also quoted the Judgement of Sri MN. Bhandari and made it applicable to all pensioners. Two special leave petition filed by LIC before Supreme Court to set aside the judgement of Sri M.N.Bhandari were dismissed by the Supreme Court on 19th August 2013.
The Supreme court on 30-9-2013 rejected the prayer of LIC to grand stay on the operation of the judgement of Chandigarh High court in respect of Sri Mc Jain v/s LIC. This relates to fixation of pension according to wage revisions from 1992 to 2007. The above facts manifest the deliberate defiance court verdicts by LIC and its disregard for the majesty of the courts of law in our country.
We pray your good self to give proper directions to LIC to obey and take immediate steps for implementation of the verdicts of the courts. Nearly 10,000 pensioners died during this 16 year old litigation. It is not uncommon to hear regularly about the passing away of fellow pensioners. Please help us to live in peace in the twilight years of our lives by an equitable and just dispensation according to the verdicts of courts.
The memorandum dated 7th June 2014 handed over to Hon. Shri Venkaiah Naidu is already in your ministry. We earnestly hope that our prayers will be promptly addressed by you.
Thanking you,
The memorandum dated 7th June 2014 handed over to Hon. Shri Venkaiah Naidu is already in your ministry. We earnestly hope that our prayers will be promptly addressed by you.
Thanking you,
Yours faithfully,
KKD.Hanumantha Rao,