"L I C PENSIONERS are getting a raw deal for the last 15 years. Pensioners have been running from piller to post to get increased pension as per grade revision of the in service staff.
"Pension once fixed is not revised during the life time. An assistant who retired before 31 07 92 gets a meagre pension of Rs.1430 a Dev officer Rs.1940 an Adm officer Rs. 2260 and a Zonal manager Rs. 3275 plus D.A.
"LIC passed a resolution on 24 11 2001 recommending upgrade of pension and to remove the anomaly in the matter of D A. Pre August 1997 pensioners are paid only 50 percent neutralization whereas those who retired after this date get hundred percent neutralization.
"Courts have ordered the implementation of LIC's own board resolution dated 24 11 2001. Most pensioners are in the age group of 70 and 85, many of them have died awaiting justice. With the rising cost of living and ever increasing medical bills their plight is miserable."
(published in THE TRIBUNE on 23-9-13)