"We therefore once again call upon you to allow immediately 100%
neutralisation on DR with consequential upgradation of basic pension for those who had retired prior to 01.08.1997."
This gives one an impression that he is espousing the cause of only pre 1/8/1997 pensioners ignoring the fact that even some post-July-1997 pensioners are petitioners in the Jaipur case in respect of which LIC's SLPs have been dismissed.
If LIC literally complies with his request made in the letter, what are the implications for the nearly 50% of the pensioners, who are post-July 1997 retirees? I wonder whether this position taken by him in his letter will be acceptable even to pre-August 1997 pensioners who have by now understood the full implications of getting paltry benefits that will be passed on to them by the so
called 100% DR neutralisation and upgradation of pension only upto 1/8/1997!
Mr Sridharan ought to have written to LIC instead asking for benefits to be paid to all eligible pensioners in terms of the Single Judge Bench order dt 12/1/2010 of Jaipur Bench, clearly demanding upgradation benefits for all eligible pensioners/family pensioners including the effect of wage revision upto 1/8/2007 and also demanding adequate provision of outlay for the ensuing wage revision due on 1/8/2012.
I for one am constrained to believe that the position taken by Mr Sridharan in his letter as above does not enjoy the mandate of the majority of members of the Federation of Retired LIC Class I
Officers Associations.
C H Mahadevan
Cleveland(OHIO)-USA