14 Apr 16, 08:21 PM
namdev: today i wish to write about old matters. when pension rules 1995 were introduced, a deserving section of old employees of insurance and banking sector were denied pension who retired before 1.1.86 who were the worst sufferers under private corporates earning meagre salary and few rights. so called pro labour political and tu bosses never cared about them. the present pensioners who were in service in 1995 were dumb and not pressurised their leaders for justice. it is being continued. further some wanted to scuttle the pension itself by insisting on pf contbn plus pension. the so called leaders never bothered about promotion policy and the consequence was worst for those assts who joined lic in 1957 and thereafter for about two decades.there aim is to have discontent members always.
14 Apr 16, 09:46 PM
B Ganga Raju: Namdev's anguish is understandable. 1970s, 1993--95 there were great debates . Now there are none. The younger lot of the present staff are heavily influenced by neo-liberal economics. They compare wage level in LIC with I.T.Sector/Pharmaceutical Corporates little realising lack of security in those sectors. The Unit employees in 1956 knew the importance of public sector. The present generation is to be made aware of LIC's history. Occasional shouts of slogans like " Save Public Sector " are forgotten the next day. When lunch coupons were introduced it was believed it would improve punctuality and attendance. Was any study made about its impact? The branches are given more and more powers to spend which they do with the cooperation of a union. Inspite of advances in I.T. delinquency also saw a rise. All this coupled with the attacks on LIC both by private players and Government pose serious questions. The future pensioners do not show any empathy about the problems and plight of existing pensioners. As pensioners we have a stake in the health of industry. NAMDEV and well meaning friends like him have to think of present instead of dwelling on past. Much water has flown down the River and the pollution level of the river is increasing. Pensioners with their long experience must try to bring improvement through all fora.