We have seen the payment of arrears, arising out of wage settlement notification, have been completed in supersonic speed in all offices of LIC throughout India. This move of LIC deserves praise. This indicates that LIC, really, desire the welfare of its employees.
It is, also, noted with concern that payment to retired employees (retired on or after 01/08/2012) have
been withheld for a reason not expressed by LIC. Is it simply because of absence of a patch, awaited from CO ?
Can any one highlight on the matter ?
Subir Kumar Mazumder