Dear LIC Pensioners,
Early solution to Pensioners' issues
The judgment of Sri M.N. Bhandari dated 12th January 2010 was clear about 100% neutralization of D.A. to Pre-August 1997 pensioners and upgradation of pension. This was again maintained by the Division Bench of Rajasthan High Court on 21-1-2011. Sri Natarajan did not like to demand LIC Management to implement these judgments when LIC could not say that the matter was subjudice. Since the LIC Management did not like to implement the judgments, Sri Natarajan also liked to bide time along with LIC.
The Division Bench of Rajasthan High Court rejected the special appeals of LIC on 21-1-2011. The review petitions of LIC on this decision of the Division Bench of Rajasthan High Court were dismissed on 19th August 2011. This was time for Sri Natarajan to ask for implementation of the Judgments. Instead from the dais of the 5th Conference of AIIPA held at New Delhi on 17th to 18th October 2011, the speakers thundered 'Three Successive victories in lower court does not mean automatic victory'. When the matter went to the apex court the veiled suggestion in the thunder was grasped by the LIC Management. On 1st November 2011, LIC filed two SLPs in Supreme Court.
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Shri Natrajan is also sure that LIC will further delay the culmination of legal process. It is bound to be, Shri Natarajan asserted. This legal process does not come in the way of increasing ex-gratia. Shri Natarajan could have achieved it long ago with his uncanny negotiating skills. Shri Natarajan’s letters to the Chairman with regard to early resolution of Pensioners issues may not have any impact on the management since his understanding that 100% neutralization of DA only to Pre August 1997 Pensioners does not in any way come into conflict with the understanding of the management.
Pensioners are able to understand the implications and effect of the recent happenings in Supreme Court. The dialectics of the situation are beyond Sri Natarajan’s reach and not subject to his understanding.
Yours friendly,
K.K.D. Hanumantha Rao