My dear Sir,
Your write-up on the above subject is very timely.
Rivalry and craving for one-upmanship is not new in Trade Union history !
Difference of opinion and well-intentioned criticism so that the best of solutions
for contentious issues may surface is the essence of democracy and should be
welcome ! After the BOARD RESOLUTION dated 24-11-2001, LIC itself has
submitted its intention of granting 100% Neutralisation of DA/DR for those who
retired before 01-08-1997 to rectify the anomaly and giving 11.25% weightage,
by way of its recommendation to the MOF while seeking approval for its said
Resolution. This has been confirmed by three High Courts in analogous judgments.
The Pensioner community is looking forward to a favourable verdict from the Hon.
Supreme Court in its ensuing Final Hearing slated for 12/13-11-2014 in the light
of a series of positive judgments achieved for over a decade long pitched
legal
battle !
It would, therefore, be pertinent to analyse the intention of
airing a skewed
interpretation of the Board Resolution dated 24-11-2001
and the judgements of the
three Hon. High Courts and refusal to stay the operation of the judgment dated
12-01-2010 of the Hon. Jaipur HC by the Hon. Supreme Court at this juncture,
is to uphold the cause of the waiting, anxious pensioners ! Wisdom should prevail
over partisan considerations !
With best regards,
A. BALASUBRAMANYA