I DAY GREETINGS !
We greet all pensioners and their families on this great day of national significance. On this occasion, I thought of conveying some cheerful news, and I am sure our pensioners will be happy to note the trend.
Hike in ex-gratia: It has been reliably learnt that the CO by their Circular dated 9/8/2014 have announced an increase in ex-gratia for old retirees from Rs.300/ to Rs.350/-p m plus D A.w e f 1/7/2014. Their spouses will get Rs.175/-plus DA. The increase is no doubt very marginal but this is definitely a step forward. It is gratifying that one of our priority demands in favour of elderly pensioners has been met with, though marginal. It is fervently hoped that the rest will follow soon.
GN Sridharan
Gen Secy, Fedn. of Retd. LIC
Class I Officers' Assns
