Based on the illustrative chart prepared by LIC in August 2003,I happened to work out the Interim Relief amount as at 31/7/2015 for each cadre at the maximum of scale and also the corresponding outlay required for LIC if it decides to pay all pre August 1997 retirees.
I attach the two tables containing the calculated figures.
The outlay has been estimated for 21762 pre-August 1997 retirees who were in existence as at 1/8/2003.
But
as at 20/2/2009,only 16498 retirees in the category.There is a
reduction of pensioners by 5264 which indicates the mortality in the
five years upto 2009. We don't know how many are continuing their life
journey as on date.
As per the methodology followed by LIC,
the total outlay even for the higher number of 21762 pensioners, the
outlay works out to only Rs 22.2 crores.LIC could have gracefully paid
this tentative amount to all eligible pensioners even without the
exercise of withdrawal of the amounts from the HCs.Perhaps it is
destined that pensioners should get justice only from the hands of the
Supreme court.
But the sad part of this dispensation that
has come to light is that Class IV retirees-especially those retired
after 1/8/1992 but before 1/8/1997 will get a raw deal, viz recovery
of pension. I am sure that the Apex Court will render justice to
them and in that process to all retirees.
Greetings.
C H Mahadevan
Please click below
ESTIMATED OUTLAY ON
INTERIM RELIEF PAYABLE TO ALL PRE-AUGUST 1997 RETIREES
INTERIM RELIEF PAYABLE AS
PER SC ORDER DT 7/5/2015 FOR RETIREES FROM 1/1/1986 TO 31/7/1992( FOR CLASS I
OFFICERS RETIRED UPTO 31/3/1993 IGNORING M C JAIN JUDGMENT)
(AS PER THE METHOD
FOLLOWED BY LIC)
|
||||
CADRE
|
No of Pensioners
|
Basic Pension
|
Interim Relief Payable as per LIC Calculations as at 31/7/2015
|
Total outlay
|
ED
|
23
|
3500
|
33340
|
766820
|
ZM
|
24
|
3275
|
28884
|
693216
|
SDM
|
73
|
2975
|
22915
|
1672795
|
DM
|
128
|
2675
|
16867
|
2158976
|
ADM
|
579
|
2525
|
13922
|
8060838
|
AO
|
625
|
2260
|
8659
|
5411875
|
AAO
|
485
|
2130
|
6038
|
2928430
|
HGA
|
1016
|
1850
|
847
|
860552
|
ASSISTANT
|
2744
|
1610
|
607
|
1665608
|
DO
|
1211
|
1940
|
1016
|
1230376
|
RC
|
335
|
1000
|
70
|
23450
|
DRIVER
|
42
|
905
|
35
|
1470
|
PEON
|
601
|
755
|
9
|
5409
|
SWEEPER
|
59
|
725
|
-44
|
-2596
|
TOTAL
|
7945
|
25477219
|
||
INTERIM RELIEF PAYABLE AS PER SC ORDER DT 7/5/2015 FOR RETIREES
FROM 1/8/1992 TO 31/7/1997( FOR CLASS I OFFICERS RETIRED AFTER 1/4/1993
IGNORING M C JAIN JUDGMENT)
|
|||||
(AS PER THE METHOD FOLLOWED BY LIC)
|
|||||
CADRE
|
No of Pensioners
|
Basic Pension
|
Interim Relief Payable per capita as per LIC Calculations as at 31/7/2015
|
Total outlay
|
|
ED
|
53
|
7000
|
90625
|
4803125
|
|
ZM
|
36
|
6325
|
72575
|
2612700
|
|
SDM
|
147
|
5725
|
56531
|
8310057
|
|
DM
|
478
|
5225
|
43135
|
20618530
|
|
ADM
|
1534
|
4975
|
36476
|
55954184
|
|
AO
|
1614
|
4485
|
23400
|
37767600
|
|
AAO
|
1070
|
4255
|
17223
|
18428610
|
|
HGA
|
3295
|
3695
|
7529
|
24808055
|
|
ASSISTANT
|
3202
|
3210
|
4601
|
14732402
|
|
DO
|
1192
|
3760
|
7932
|
9454944
|
|
RC
|
379
|
2235
|
-280
|
-106120
|
|
DRIVER
|
59
|
1995
|
-301
|
-17759
|
|
PEON
|
670
|
1710
|
-213
|
-142710
|
|
SWEEPER
|
88
|
1610
|
-215
|
-18920
|
|
TOTAL
|
13817
|
197204698
|
|||
GRAND TOTAL
|
222681917
|
||||
CLASS- WISE BREAK-UP OF
OUTLAY INTERIM RELIEF PAYABLE ACCORDING TO LIC
|
|||||
For pre-August 1992 retirees
|
For subsequent Retirees(1/8/1992 to 31/7/1997)
|
Total
|
Class-wise % of amount
|
||
Class I
|
21692950
|
148494806
|
170187756
|
76.4
|
|
Class II
|
1230376
|
9454944
|
10685320
|
4.8
|
|
Class III
|
2549610
|
39434337
|
41983947
|
18.9
|
|
Class IV
|
4283
|
-179389
|
-175106
|
-0.1
|
|
Total
|
25477219
|
197204698
|
222681917
|
100.0
|
|
Note:
|
|||||
1) The total outlay
works out to Rs 22.27 cr towards interim relief according to LIC's
interpretation of the "due amount" for a total of 21762 retirees.
|
|||||
2) The above
calculations have been made taking
the no. of retirees as at 1/8/2003
|
|||||
3) The IR has been
calculated on maximum of scale.
|
|||||
4) The outlay for
Class IV is negative to the extent of over - Rs 1.75 lacs, which means
recovery from post August 1992-cum- pre-Aug 1997 Class IV retirees.
|
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