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A correction.

Dear shri sahni,  with ref to your mail seeking a specimen of our calculation sheet , I have since got the point raised thy you in regard to my own case checked by our calculation expert Shri. M Arunachalam.  He confirms that figures in my example should read : existing pension 22907. Increased 24057(not 23482 as mentioned in my earlier circular .) Net increase therefore is 1150. Thanks for your pointing out the error and with regards, GNSridharan
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GNS writes:

I am sending the e circular of date as attached. In addition, what is stated, the following also are to informed. 1)        Minimum pension prescribed in the Rules are updated based on the index to which the new salary scales are fixed.  There is relief as far as the minimum pension is concerned,  2)        Issues in Family Pension are not duly addressed 3)        While 100% DR is not conceded, we tried to work a few representative cases to get the quantum difference in pension, as a result of the order. The low quantum difference is of greater concern than the effective date.  The concept of fixing DR Rates are not duly appreciated or considered.  a)        Pre 1997 – Our Petitioner (Basic Rs. 4963)  - His current pension of Rs 22801 increases to Rs 24556 b)        Pre 1993 – Self (Basic Rs. 2801) – The current pension Rs.22907 increases to Rs. 23482. GN Sridharan Gen Secretary, Federation of Retired LIC Class I Officers’ Associations  PL CL
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GNS clarifies.

According to our counsel, our Federation WP is allowed on DR issue; it is favorable. But on other issues, we can know the details only after going through the order.  Shri VK Jain who heard the judgement has passed more details on various relief. Details are many that we prefer to communicate after we go through the order. He also states that the order will be loaded on the Web today.  GN Sridharan Gen. Secy  Fedn of Retd. LIC ClassI Officers' Assns
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