
I had a rather surprising experience on the train to Mumbai to attend the Gen. Council recently: the gentleman sitting next, after knowing I was from LIC Pensioner Class, asked me about Jaipur HC judgement and the fate of the SLP in SC! He was not from any insurance related background! That is possibly the result of all the hype and hoopla unleashed on the matter, without perhaps being fully aware of the consequences of a possible crash, in the minds of ageing pensioners, if things do not turn out the way it has been projected all along.
This was a matter we discussed in our Gen.Council too. In fact most people who are basking in expectations of a big 'bonanza' are blissfully unaware of what the Justice Bhandari judgement is all about. I happened to also explain to members, that even if we came thro' in the SLP as we expect, what it can give us does not include any 'upgradation' of the type you have been talking about.

Please stop for a moment to go thro' the Judgement for the umpteenth time now, to make sure what I am saying is not true. Yes, I agree, Asthana has Prayed for such rolling revision in his 2007 Petition to Court. But do remember, what is granted is only what is expressly Ordered by the HC. And nowhere has that judgement(Order) expressly come on a rolling Revision of the kind you repeatedly keep bandying about.This is where, in your enthusiasam, you seem to have missed out on what they term 'balance' in your averments.You have also taken thousands of Pensioners on a Dream run, that may not necessarily come true.
In fact I confronted GNS once saying why are you so cynical about the Asthana case. He told me he was not being cynical, but only remained poised and balanced to realities. It was then that I got from him copies of the Bhandari judgement, the Asthana Petition of 2007, and the copy of LIC Note prior to the Proposal being put up to Board in 2001, which carries even the notings of ED Persl. MD and Chairman, by hand.
I also ran into K Chandrasekaran who was ED Board Sectt.then, who told me that the only purpose of that Board Proposal was rationalising the three different benefit structures of DR within the Pensioner Class. and that too, more for administrative convenience than anything bigger. The Upgradation referred to in the Board Proposal (11.25%) was to only facilitate the process of the one-time rationalisation of DR rates, and that 11.25% was incidentally equal to the average percentage hike given to employees in the 1993 Revision process. And make no mistake, the Bhandari Order does not refer to this aspect of one-time upgradation of 11.25% even remotely. It only talks of removing anomalies in DR.
True there is a logic that emerges for later Revisions too, and that is what Sri Asthana has so cleverly given open expression to in his Petition in 2007. But that will have to come up separately as a matter for court to examine and decide on and does not seem to be automatic as many of us now come to expect. In the present Bhandari Judgement, there is no 'Order' for anything more than the discriminatory practice of differential rates of DR being done away with. Let us be happy, post such success, if we land on one, rather than create big hopes in the minds of trusting followers, which may not come through later, resulting in big disappointment.
Yes, the 30,000 Pensioners you talk about, need to know about this gap between expectation and the reality as it now obtains. You have a duty to keep them informed rather than deal in projections that are our own.
