* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

               
                                   

Monday, June 23, 2014


Smt. Nirmala Sitharaman
Minister of State for Finance,
Government of India,
North Block,
New Delhi, 110001.

Madam

We the pensioners of LIC draw your attention two important issues.

1) 100% D.A on pensions of pensioners who retired before 1-8-1997 and
2) Upgradation of pension according to wage revision from time to time.


These issues were sought to be rectified by LIC in the board meeting dated 24th November 2001.The issue has been kept unresolved by previous UPA government inspite of verdict from Rajasthan, Chandigarh and Delhi High courts including Supreme Court Of India on 8th August 2013.

Sri P.Chidambaram left the matter undecided on 15th May2014, although a note was submitted to him by the Finance Secretary. We pensioners look to you and hope for your decision to end the legal tangle in LIC lasting for more than 15 years. Kindly go through the note enclosed for complete elucidation of facts,

Thanking you,
Respectfully yours,
K.K.D.Hanumantha Rao
Vice Presidant, Retired Life Insurance
Employees association,Machilipatnam Division.