* 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 !

Sunday, October 04, 2015

Estimated outlay on account payment of IR to all pre-August 1997 retirees‏


Dear Sir,

Thank you for continuing with your research and the valuable results you discovered. As usual, you have also put the entire information in the public domain for everybody to see, appreciate and utilize the same appropriately for the benefit of the pensioner community. 

Having said so, I am deeply concerned about the state of things and the way in which our cases are getting handled now. What I mean is, this and the other voluminous information you have generated, should not end up as an academic exercise. We all know that the Supreme Court cannot be expected to go in to the nitty gritty of the minute calculations. Then how do we ensure that LIC acts just and fair even after a favorable judgement is handed down by the Apex Court?


That exactly is the critical area where a common strategy needs to evolve from all the stakeholders before the SC. At the moment it looks like a mirage. So let all the respected Seniors representing each shade & section of the Pensioners, take urgent lead and set necessary direction to whoever has to ACT. Only collective elderly leadership can ensure that individuals do not go astray and play with the fortunes of forty thousand families.

m sreenivasa murty