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G N S quotes BHARAT PETROLEUM CORPORATION EXAMPLE.



I hope the news of the following type will provide at least a few minutes of desirable distraction to LIC pensioners who seem to be unnecessarily breaking their heads over non listing of their cases in the supreme court.
           I refer in this connection to the latest decision of the management of Bharat Petroleum corporation(a public sector organisation)to implement a scheme for what they term as 
'felicitation' for retired employees in recognition of their contribution.By their circular dated 14/3/2019 the BPCL have announced cash grants to their retirees/ pensioners on their reaching age related milestones as follows.
Age.   Management    workmen 
                   Staff
  __________________ ______-___;    
70.           700000        50000
75             75000          55000
80.           80000.          60000
85.            85000.          65000
90.            90000.          70000
95.           1,00,000.        80000
100.          2,00,000.      1,60,000

The effective date is 10/1/2019 and if the retired employee has expired between the said date and the date of implementation the family will be paid.

It is gratifying that there is still a some soft corner for senior citizens in some quarters.We can be certain that LIC can be least expected to emulate them!!
--GN Sridharan


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Dear Sury
What a refreshing news from GNS about BPCL's grateful gesture to its retired employees, when we poor LIC Pensioners are groping in the dark about SC's next date of hearing and non receipt of pension on 1st April itself.
Regards
V. Gopalan

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