DK 13 circular from Gen.Secretary, Federation.

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 No.DK/13                                                  07-03-2020 Friends Reg: Our Case in SC, & organisational  matters The Next Date for our Hearing in the SC is indicated for 17th march. We may perhaps need to wait till 13th or 14th for the confirmation. It is also likely, that the SC will close for Holi from 9th to 15th, in which case, the announcement regarding date and no. might come earlier. The Supreme Court is beset with its own problems, having to handle sensitive and urgent matters like Sabarimala, Anti-CAA, Hanging of Nirbhaya criminals etc, and is under great pressure to get ahead with routine matters like ours. So we will have to wait and see. On the Organizational front, there are happy developments like Jharkand unit becoming a reality, and some more in the pipe line, to fructify soon. As and when they really happen, I shall be keeping you informed. Recently one of our very Senior members in Lucknow, Sri N K Singh, had called friends over for an observance of his 85th Birthday, and on that occasion, on his own, he donated a sum of Rs. 11000/- to the Association. The Secretary Sri S K Awasthiji, and President Sri S C Joshiji, were overjoyed, and called to inform me of this big gesture from Sri N K Singh.  As I received the information, I too felt elated, nay inspired, by the kind of loyalty and commitment of the member towards the common cause. I thought I should acknowledge this great gesture of Sri Singh of Lucknow, in the public sphere of our All-India membership, so that others too would feel enthused to come forward with such acts of spontaneous support to the general Cause of the Pensioners. There was also news from Sri T K Ravindran,  our Joint Secretary from Bengaluru, that Sri K Vijaya Kumar had come forward to  make a contribution of Rs. 3000/- to the Association.  It may be worth recording here, that  Sri Vijaya Kumar is a fairly recent Retiree, and the interest he has shown in making this contribution on his own is truly exemplary. I also learn  from our Chennai association that Sri T R Madhava Rao, member from Chennai, has spontaneously come forward with a payment of Rs. 3000/- to the Association. All these augur well for the Federation, which has recently issued a call, to its affiliated Associations, to strengthen the financial position of the Federation, to meet any contingencies that may arise due to extended Court Case in the SC. The other Associations too could do well to act on the Call and gather resources for the Federation, in addition to transferring balances on earlier collections held back with them, as suggested. Banks seem to have come to a steady position, on their Negotiations with the IBA, on their Demands. For the first time, they are showing statesman-like qualities in agreeing to wait for certain matters to be carried forward, in an on-going kind of effort,  and not insist on concluding everything right at this juncture.  So we may see a kind of agreement concluded, with certain aspects, like Revision of Pension, 5-day week etc, left to be decided , even as the other points are agreed upon mutually to bring in a finality to this long-drawn parleys. We will any way need to see how it goes in the next few days.           On Pension Revision, there seems to be positive indications, though the Banking industry has been on tough times recently, and all of them, not at the common level, in their performance. This then will be a feather in their cap if they do pull it off, in the back-drop of this chequered picture , even if it has to be, after a gap in time. Since the Negotiations with LIC  Employee Associations is likely to follow, these are good bench-marks to start on , as they sit for talks. More, later D.Krishnan. --