DEAR ALL,
As discussed with Mr Sreenivasa Murty and as suggested by him, based on the Pension Anomaly
Chart as at 1/2/2015 circulated recently,
I have prepared charts
of Monthly loss in pension (both in absolute figures and in percentage terms)
for the various cadres from Assistant to Executive Director as at 1/2/2015. The said charts are given below.
The charts are indicative of the gravity of the anomalous
situation in pension which has got aggravated for want of remedial action by
the LIC/GOI for the last 15 years and
which is likely to get aggravated if
pension upgradation is not effected before the finalisation of wage revisions due on 1/8/2012.
With greetings,
C H Mahadevan