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Thursday, November 07, 2013




Shri K.Natarajan,
General Secretary,
All India Insurance Pensioners Association,
Chennai.

Sir,

This has reference to your letter dated 15-10-2013 to the Finance Minister and the Chairman of LIC. In your Letter to Finance Minister, you demanded full neutralization of D.A to Pre-August 1997 Pensioners, Family pension at 30% and updated pension to correspond to present wage levels to all the pensioners drawing basic pension at lower CPI levels prevalent at the time of cessation of service.

  • The issue of updation of pension to correspond to wage levels is being raised by AIIPA for the first time in October 2013 with the Finance Minister. It was not raised by AIIPA at any time with LIC management when negotiation for wage revision of in-service employees took place.
  • Surprising because the AIIPA did not make any such demand when negotiation for wage revision took place four times upto the year 2010. That you are making such a demand in October 2013, is playing to the gallery.

This bonhomie is completely absent in your letter to the Chairman. The Authority courts to issue writ of Mandamus to LIC, the cut off dates with regard to payment of D.A on pension, the directives to LIC to implement the Board resolution of 24-11-2001 have become matters of judicial pronouncements by High Courts of Rajasthan, Chandigarh and Delhi courts and the Supreme court.

The purpose in your letter to chairman lays continued and persistent emphasis on D.A. neutralization only and motive of raising these questions at this juncture cannot be said, to be said, to be guided by sincere and honest intentions, particularly from a person like you asserting as a representative of an association representing a major chunk of Insurance Pensioners in India. Whatever is happening now to benefit the Insurance Pensioners is happening inspite of you. I hope you will be able to see the objective reality.


Yours Sincerely,
K.K.D. HANUMANTHARAO
(Shri Hanumantha Rao was a senior AIIPA member when he wrote this letter through the columns of Chronicle. -Ed.)