LIC has its own interpretation of Para. 3A of Appendix IV. They do not consider granting weightage, merger of DA/DR, fitment chart between pre and post revised pay scales etc. These fundamentals, part and parcel of Para.3 A, are ignored.
As stated some days back, Para. 3A and 3B of Appendix IV have been added after Government Gazette Notification of revision of pay scales effective from 01-08-1997. The pensioners retired in 1997 pay scales have been getting pension including 100% DR (0.23% rise with 4 points increase over 1740 in CPI) on revised basic (constructed) based on merger at 1740 index points , weightage etc. As per S.C. order Para. 3A has to be made applicable to pay 40% IR, it is wrong for LIC to give 0.23% DR rise on notionally arrived 'upgraded' basic pension by simply adding DR as on 01-08-1997, paid on tapering basis to the existing basic pension.
Without weightage, if LIC did not want to give updation with weightage, the existing basic pension should have been updated as under - example of AAO and ED given - at the maximum of pay scales of 1987 and 1993 - in order to be in consonance with rate per slab (0.23%) basically arrived at.
AAO : 2130 x1740 / 600 = 6177 ; 4255 x 1740 / 1148 = 6450
ED : 3500 x 1740 / 600 = 10150 ; 7000 x 1740 / 1148 = 10610
The Addl. Solicitor General had said that LIC has given 20% without revision. It was not substantiated or got clarified fully to know LIC's view on the said Para. ED's letter dated 13-04-2016 has come to public domain, eight days before the date of payment of arrears. There is no need to challenge the above mentioned issue at this hour.
We must consolidate all our energies to get 100% DR to pre Aug. 1997 pensioners and updation to all, pre and post Aug. 1997 pensioners.
The estimated expenditure of court cases is very high and hence, all the beneficiaries of the S.C. order 31-03-2016 may like to contribute minimum of 5% of their individual receipts. All other pensioners may also extend financial help.
SN (a 1992 pensioner)