DEAR ALL,
I attach two tables and charts prepared by me based on a comparison of the figures of Pension Payments made from 2004-05 to 2013-14(obtained by Mr C S Murty under RTI) vis-a-vis the Salary expenses(published in LIC Annual Reports) during the same period.
The data are very revealing and very clearly establish the extent of discrimination in pension on account of non upgradation.
The trend lines on both these are highly divergent highlighting the stagnant nature of pension payments as against the steadily increasing salary expenses over the nine-year period.
This, in a way, is a corroboratory factor that should urge the LIC to remove the pension disparities at the earliest-thanks to a favourable outcome under the three Civil Appeals before the Supreme Court.
With greetings for a Happy Makara Sankranti,
C H Mahadevan
