|19 May 16, 01:30 AM|
B Ganga Raju: SN 1992's calculations need to be studied by all. It is obvious LIC wanted to pay and paid DR difference only based on notional revised pension. LIC took care to see that even the difference is kept as low as possible by not touching the fitment formula of 1997. May be LIC did not want to incur the displeasure and wrath of bureaucrats in Finance Ministry. LIC could not but honour SC's order and wanted to appear as if they honoured SC order to avoid contempt.In this dubious exercise LIC put the pensioners to big loss. Without deviating from the main fight before Delhi HC, there is need to protest about this dishonesty.
Chat Column comments
18 May 16, 04:22 PM
SDSarma: Right path wallas left the right path long Back and sought a place in the delegation led by the great SM Banergee, and the South Indians have not come out of the deepest slumber they are still in.
18 May 16, 08:47 PM
gopalakrishnan: What a sight, a 15% all india Federation (AIRIEF) rules the Chat column while the 80% AIIPA is simply at the receiving end but enjoying the drama! Balance 5% is nowhere to be seen.
19 May 16, 01:51 AM
B Ganga Raju: Shri Gopalakrishnan touched upon percentages (15% AIRIEF 80% AIIPA) perhaps out of old habit. We are retired people in 70s and 80s and percentages do not mean much except for collections. More so in Court Cases.