LIC PENSIONERS CHRONICLE

DEAR ALL,

I attach the pension anomaly chart prepared as at 1/2/2014 after including the 73 slabs of DR that will be payable w.e.f 1/2/2014 to LIC & PS Bank pensioners.


I have omitted the calculations for the period of retirement from 1/1/1986 and 31/7/1987 as I am not sure how their pensions have been updated as at 1/11/1993 in accordance with the Appendix III of the Pension rules .


I shall be thankful if any of our pensioner friends can throw some light on the same.

With greetings,

C H Mahadevan

(Shri Mahadevan has made certain corrections to the charts. Now the charts published as corrected. He has also added a Note at the end of the chart. -Ed.)

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NOTE:

As and when wage revisions are effected on the next due date of 1/8/2012, the employees in the various cadres retiring after that date will be drawing higher pensions than mentioned above (in the last row of each cadre) receiving arrears up to their dates of retirement unless  the pension anomalies and disparities are  removed by then.