We, the pre 8/1997 pensioners were hoping that Sri. P. Chidambaram, the erstwhile UPA Govt. Finance Minister will give us a parting gift by amending LIC Employees' Rules, 1995 and approving LIC Board Resolution of 24-11-2001 about removal of DA anomaly and about refixation of pension on wage revision. But this did not happen and he left, leaving all of us in the lurch.
Now that the new Government has been formed in the Centre with a brand new Finance Minister (with, shall we hope, a liberal mindset) our hopes are re-kindled. In this connection, we all wish that ALL the LIC pensioners' Associations join together and collectively meet the new Finance Minister, Sri. Arun Jaitley, explain the background of our anomalies and request him to unearth the LIC Board Resolution of 24-11-2001 hidden somewhere in the Finance Ministry, and give life to it by approving it.
Sri. Jitendra Singh is the new Minister Of State for Personnel, Public Grievances & Pensions and he may also help solve our problems, if approached.
The above suggestions are made as a step of Out-of-Court settlement and to hasten the implementation of the Board Resolution of 24-11-2001.
If, even this Finance Minister cannot give any hope and say that the matter is Sub-Judice, then we have to sit with our fingers crossed, expecting for Supreme Court judgement, which may or may not be in our favour.
Regards,
K.G.Ramachandra, Bangaluru.