FEDERATION
OF RETIRED LIC CLASS I OFFICERS' ASSOCIATIONS
President : N.P.
Bali
705,
Sur, Veena Saaz, Thakur Complex,
Kandivali
(East), Mumbai - 400 101
Mob
: 9820324213
Email
Id - npbali@hotmail.com
|
General
Secretary : D
Krishnan
No.6/1,
Sreshta Riverside Apartments,
Wood
Creek Road, Nandambakkam, Chennai - 600089
Tel
: 9176635967 / 044 42850049.
Email
Id - dkrishnan1@gmail.com
|
E
circular DK/89
13-11-2019
Dear
Friends,
I
thought I should keep you all posted of the letter I wrote to Sri
Guptaji , MD of LIC, in connection with matters that remain
totally unattended, on the Discussions we( the joint group of
Retiree Associations) had with the Chairman and the ED (P) on the
24th of July. I thought , just being nice to us, when we visit
the CO, is not good enough, and they need to act. This letter
to the MD was sent by Speed Post today. So, this message has
the backing of the other groups as well.
Preparations
for the General Council slated for the 8th of Dec 2019, are
afoot and we hope to send out the Secretary's Report in Advance to
the Office bearers and EC members of the Federation, so that we could
get opinions/suggestions from them well ahead of the GC meeting .
Our
President is reportedly improving in his health, while the Treatment
schedule is still on. He may not be in a position to attend the GC
meeting on the 8th of Dec, but has expressed his agreement to hold on
to the top post, if the GC members are in agreement on this. We are
leaving it to him to take a call on this for now. Sri Prem Dhamija,
Vice President, will chair the GC meeting on the 8th of Dec. 2019
The
Final meeting between the IBA and the Bank Employees' Associations is
expected to take place on the 15th of Nov. and we shall come back
with any developments if they do happen.
Now
here is the transcript of the letter to the MD:
FEDERATION
OF RETIRED LIC CLASS I OFFICERS' ASSOCIATIONS
13th Nov.
2019
Dear
Sri Guptaji,
Pranams
to you. Many of our matters discussed with the Chairman, and
your good self, on the 24th of July 2019, are still hanging on,
without a movement. In this context, I had sent a Message to Sri
Kumarji (on whatsapp) on the eve of Diwali, and for your information,
I reproduce it here:
"Sri
Kumar, First of all, Happy Deepavali to you and Family.
You
might recall my saying on 24th July at CO, that we pensioners are not
given our due and we only get good treatment when we go over, but
nothing more.
As
I said, even minor matters which lie with CO are not done.
The
92-93 Retirees are paying with their life, waiting for a fair deal
from LIC! Why no decision on this so
far?
Some
other points like Pension on 1st, Family Pension (full) up to age 67,
Cash Medical Allowance of some amount in lieu of Domiciliary
treatment, Review of Defective implementation of DHC order on arrears
for pre-97 retirees etc., still remain to be touched.
I
know, and you well know, that we are a spent force, and can't pose
any perception of threat, of any sort for you, at CO. But
there's something called justice and fair play, to the seniors. Can
we expect a symbolic movement on any of these matters? Sorry if I
have caused you a moment of awkwardness by raising these.
Just
have in mind that paths of glory lead but to Retirement. Now you are
in a position to do something. Please see. Thanks for this indulgence
of your VIP time.
Regards
D. Krishnan."
On
the matter of implementation of DHC Orders (Verdict pronounced on
27th April 2017) we did point out on the 24th July, the glaring
errors committed by the CO:
1.
Calculating Arrears from 29th Jan 2007 instead of Dec 1998. In
Discussions on 24th July, we pointed out that the Residual issues of
Writ Petition 6676 dt.
18-12-1998 in Jaipur, after dropping a couple of miscellaneous
Demands, were DR and Updating Pension only, and nothing else. If DR
was not part of the WP, as you had interpreted it, you had probably
lost sight of your own DR payment, as Deposit, in the Jaipur HC as
early as 7-12-2012 followed by your sworn Affidavit (as directed by
SC on 17-12-2012) and a statement of DR dues to 23 eligible
petitioners of the said WP, signed incidentally, by none other than
Sri Kumarji, our Chairman, and the then ED (P) (copy Attached).
2.
Assuming 0.23% rather than the ordered 0.29% for Pension Range of
2130-3850, badly affected the lesser paid Pensioners.
3.
As per LIC letter itself, while disbursing 40% IR, the same could be
adjusted only after Final Decision on the matter in the Court. The
deduction of the IR at the interim stage, when final disposal is yet
to happen, was certainly premature.
These
mistakes are borne out by the anomalous facts which were pointed
out by us during the discussions, and these are:
1.
While 16000 pensioners were paid 40% Arrears, only 3600 pensioners
were found eligible for full Arrears!
2.
While 40% Arrears amounted to 29.35 Crores, full Arrears amounted to
only 23.06 crores!
3. On
10th Oct 2018 LIC submitted an affidavit to honourable SC:
“it is humbly submitted that the Corporation is committed for payment and as the calculation of the minimum pension to the pensioners would require some more time ... it craves indulgence of this Hon’ble Court to grant an additional time of 8 weeks for compliance of the said part qua the minimum pension payable to the retirees.”
All the petitioners, without exception, pointed out the faulty payments made by LIC. The Hon’ble Court, on the basis of LIC’s oral assurance, not limiting to minimum pension but in general terms, observed (orally) that LIC undertakes to pay more, and wants time, and then adjourned. One full year is over, and no additional payments worth mentioning were made and no further affidavit was filed for further payments on any count.
“it is humbly submitted that the Corporation is committed for payment and as the calculation of the minimum pension to the pensioners would require some more time ... it craves indulgence of this Hon’ble Court to grant an additional time of 8 weeks for compliance of the said part qua the minimum pension payable to the retirees.”
All the petitioners, without exception, pointed out the faulty payments made by LIC. The Hon’ble Court, on the basis of LIC’s oral assurance, not limiting to minimum pension but in general terms, observed (orally) that LIC undertakes to pay more, and wants time, and then adjourned. One full year is over, and no additional payments worth mentioning were made and no further affidavit was filed for further payments on any count.
Our
discussions on 24th July ended with the gentlemen's agreement that
these would be reviewed. Why no action till now? Please do spare a
thought for the aging pensioners and have these matters reviewed.
Regards
D.Krishnan
- General Secretary
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