Abstract of proceedings of AGB held on 13.5.2017

RETIRED LIC CLASS1 OFFICERS' ASSOCIATION-  CHENNAI

Abstract of the proceedings of the Annual General Meeting held
                                       On 13th May 2017-
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                    As scheduled the AGM of our Association was held at Hotel Palmgrove on Saturday the 13th May 2017. The meeting was attended by more than hundred members with the President Shri GN Sridharan in the chair. 

                       The president welcomed the members present and briefly referred to the status of the litigation on pensioners'.      issues particularly with reference to the latest judgement of the Delhi HC.

                       The secretary shri PA Sivakumaran presented his Report on the activities of the Assn during the last one year and spoke on the important subjects dealt with in his report. He invited discussions on the report.

                        At this stage shri R Thamodaran Zonal Manager (South Zone) LIC who had been invited as a special guest arrived and was received by all office bearers.As proposed earlier Shri Thamodaran released the revised 2017 edition of our members' Directory.  In his address shri Thamodaran made a reference to the business performance of the LIC ,particularly in S.Zone and shared his thoughts on the need for introducing certain accounting procedures in LIC. He assured that if any pensioner had any grievance he can be contacted personally and he would see to its redressal. Shri GN Sridharan thanked the Z M on behalf of the audience.Before leaving Shri Thamodaran in a rare gesture went round and personally greeted each member present. 

                           On resumption of discussions on Secy's report the president in his capacity as the gen. Secy of the fedn elaborately explained the stand taken by us and the other petitioners us before the Delhi HC and the totally negative stance of LIC/Govt combine.He strongly deprecated the unnecessary hype created by some quarters during the entire proceedings and expressed his personal view that total dependence on judiciary may not help. He pointed out that the only small gain out of the DHC judgement dt 27/4/2017 was that there was an indirect recognition of the deprivation suffered by a section of pensioners in the matter of DR.Even that had not been spelt out clearly as the court had chosen not to specifically strike down Rule 3A but introduced a new formula. He explained how the judgement was harsh in denying any relief completely on other important issues like Up-gradation of pensions. He informed the house that the thinking in the federation was to file an SLP in the Supreme court instead of filing a review petition in the HC and that a meeting of officebearers and Legal committee members will be held on 26th or 27th of the month for taking a final deceision . The two vice-presidents M/S D Krishnan & M Arunachalam  then spoke supplementing with further details on the implications of the Delhi HC judgement. 

                         After only a couple of members sought a few clarifications , the house unanimously adopted the Secy's report.     

                         The treasurer Shri TN Krishnamurthy then presented the audited statement of Accounts which was unanimously adopted by the house without any discussions. 

                           The prsident informed that there were no elections due this year as per bye laws he sought approval of the general body for effecting some changes in the composition of the Executive committee. 

Accordingly it was decided that as requested by her Smt Sathi Thomas will be relieved from the post of jt.Secy while continuing as EC member and in her place Shri N Nagarajan will function as one of the jt. Secy for the remaining term.It was also decided to co-opt shri V Devanathan an EC member in the place of shri Kanchi Selvaraj.
                            Two distinguished guests from other units of the federation viz (1)shri TKS Narayanan president if Bengaluru Association and (2) shri P Gunasekar (Coimbatore ) spoke briefly and extended their greetings.

                               Shri,.S Suryanarayanan Editor of the blog 'licofficerspensionersviews.blogspot.com' then informed that his blog has been attracting a large number of viewers  and appealed to the members  to  visit his blog for updated information on our federation's activity particularly for circulars and messages from the gen.Secy shri GN Sridharan.

                                  The meeting terminated with a hearty vote of thanks by shri VR krishnan followed by sumptuous lunch

G N Srridharan (president) -- P A Sivakumaran (Secretary) 14/4/2017