THIS IS A LETTER ADDRESSED TO SRI P.G.GANGADHARAN MY FRIEND, FROM CALICUT. click above to go to Sri P.G.G .blog. I do not generally wish to enter into discussions through the chat column for the simple reason that I am no match to the erudition of regular participants like Subbu, Gangaraju, GKM, MVV and the likes. I howevever never fail to go through their views on various subjects projected through the said column. In that process one subject of discussions in today's post (15/9) attracted my attention and prompted me that i should respond. My good old friend shri MV Venugopalan is absolutely right when he says that in good old days Class 1 officers were also paid bonus .It was actually paid in the shape of "ex-gratia in lieu of bonus'' and the LIC by circular dated 13/9/ 1978 introduced a stipulation that class1 officers drawing total salary of less than Rs 1600/-p m alone would be eligible to draw this ex gratia. Prior to that all officers h
NEWS FROM FEDERATION OF LIC CLASS 1 RETIRED OFFICERS ASSOCIATIONS