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

Sunday, May 15, 2016

Comments


14 May 16, 09:17 PM

M Sreenivasa Murty: Mr M Vithal Rao and many others like him may please note that LIC's interpretation of Para 3A of Pension Rules and Para 27 of the SC Judgment has been already rejected by the Hyderabad Association in a communication sent to Chairman and ED (P). We are going to pursue the matter to its logical end. But first things first. We go with a clear priority of actions. Let me add here that LIC's action in paying about a third of what is due to the pre-97 retirees, will not go unopposed. We have an unassailable case to knock at the doors of Supreme Court and we will do it. Let us also wish that some of the parties in the battle do not repeat their past performance as they did on 20% payment.