25 Apr 16, 07:17 AM
C H Mahadevan: It is reliably learnt that work is going on in Central Office for payment of 40% IR to all eligible pensioners with the help of IT dept program for the purpose. But we have to wait and see whether LIC will make calculations on the earlier faulty basis or in compliance with para 27 of the Supreme Court judgment dated 31/3/2016. It will be known only when the pensioners receive the payment with the calculations.