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Saturday, February 21, 2015

MC JAIN CASE

Dear Editor,

This refers to Shri Aggarwal's mail under the caption 'Jain case deplorable compliance by LIC' substantiated by Shri Asthana in his mail.

According to my remembrance the synopsis of the Jaipur HC judgement in MC Jain case : The petitioner has now been declared entitled for revision of pay scale as per notification dated 18-7-1996 with consequential benefit. ( Revision of pay scales retrospectively comes into effect from 1-8-1992 according to the court judgement).

As MC Jain retired on 31-3-1993 LIC should have paid the difference in salary after refixation of salary from 1-8-1992 to 31-3-1993 as the revised pay scale has come into effect from 1-8-1992 according to the court order.

Pension has to be accordingly revised from 1-11-1993 and paid till date. Interest at 10 % has to be paid for the arrears not paid till the date of settlement. 

I wonder how the figure Rs. 12500 was arrived at. The figure should have been much more.
MC Jain court order, according to our own Chairman's contention, relates to select group of pensioners who have retired between 1-8-1992 and 31-3-1993 and when he met our representatives confessed that there are only a total of 41 cases and LIC will soon implement the court order in these cases. 

But nothing happened so far and not even a semblance of action being initiated. In the meanwhile some beneficiaries known to me left this world.

Where lies the solution ?

R.K.Viswanathan