3 Oct 15, 08:55 AM
B Ganga Raju: Upgradation or downgradation..Post by Shri CHM...In those days sub-staff enjoyed 100 % neutralisation and some of them on promotion found their emoluments reduced as Cl.3 got 75% neutralisation.
If my memory serves me right, this anomaly was later corrected. In what way I do not exactly remember. But I remember emoluments were protected.
How this reflected on their pension calculation as at 31.7.1997 I have no idea. Needs to be checked with reference to old circulars.
3 Oct 15, 09:44 AM
JM Aboobucker: Due to any revision of wages there are always anomalies and in the implementation process the institution tries to set right the anomalies by protecting the loss in the present wages.
Thus the loss Mr CHM talks about may be protected by LIC without any loss to those affected by the anomaly and there might not be any recovery action from them.
If my memory serves me right, this anomaly was later corrected. In what way I do not exactly remember. But I remember emoluments were protected.
How this reflected on their pension calculation as at 31.7.1997 I have no idea. Needs to be checked with reference to old circulars.
3 Oct 15, 09:44 AM
JM Aboobucker: Due to any revision of wages there are always anomalies and in the implementation process the institution tries to set right the anomalies by protecting the loss in the present wages.
Thus the loss Mr CHM talks about may be protected by LIC without any loss to those affected by the anomaly and there might not be any recovery action from them.