"It is pathetic that our Prestigious Institution has allowed thousands of its own pensioner-employees to die without enjoying the denied benefits. It has to answer those bitter curses they have left." (MPS)
IT IS TRUE MY FRIEND SHRI M P S RIGHTLY POINTED OUT THAT OUR L I C
HAS ALLOWED THOUSANDS OF ITS OWN PENSIONER EMPLOYEES TO DIE
WITHOUT ENJOYING THE DENIED BENEFITS LEGITIMATELY DUE TO ALL THE
L I C PENSIONERS' COMMUNITY. IT IS REALLY DUE TO US. PENSION IS NOT A
BOUNTY AND IT IS A RIGHT. IT IS CONFIRMED BY SHRI M N BHANDARI ON 12 01 2010. IT WOULD HAVE BEEN BETTER IF L I C COULD HAVE IMPLEMENTED
RIGHT IN TIME. BY DIS OBEYING THE ORDER D/12 01 2010 IT PROVED THAT
THEY HAVE NO RESPECT TOWARDS THE JUDGEMENT OF HIGH COURT.
I REMEMBER THAT THE MADRAS HIGH COURT IN THE YEAR 1972 CONFIRMED THAT L I C IS A STATE . THE ORDER OF THE HIGH COURT IS VALID ON L I C.
DISOBEDIENCE OF AN HIGH COURT ORDER IS NOTHING BUT DIS-OBEYING
THE COURT VERDICTS.
THE COUNSELS OF L I C ARE NOT ON RIGHT PATH THEY ARE MORE ON THE
WRONG PATH. THEY ALREADY LEFT THE RIGHT PATH.
ON THE ISSUE OF BONUS ALSO THEY DID NOT OBEY AND THE EMPLOYEES
HAVE GONE ON STRIKE FOR 14 DAYS, JUSTICE V R KRISHNA AIYER HAS GIVEN A RULING THAT THE PAYMENT OF BONUS WITH ARREARS ON A SPECIFIED DATE. THEN THE L I C WAS RATHER FORCED TO PAY THE BONUS WITH ARREARS. SO THE CLASS CHARACTER OF L I C IS TO IGNORE THE COURT JUDGMENTS.
L I C COUNSEL SAYS TO PAY AS CLAIMED BY PENSIONERS WILL COSTS
9,700 CRORES, BUT IT IS A FALSE FIGURE WHICH WAS CLARIFIED BY SHRI
NITISH GUPTA ON THE VERY MOMENT. JUSTICE DEEPAK MISRA ANSWERED
THAT HE IS NOT CONCERNED WHETHER IT IS 9.7 OR 90.7.
L I C HANDED OVER A CHEQUE OF RS. 1,804 CR. TWO DAYS BACK. TO THE
FINANCE MINISTER OUT OF THE SURPLUS. DOST IT MEAN THAT L I C IS NOT
HAVING MONEY? SECONDLY, THE PAYMENT OF ARREARS ONCE PAID WILL NOT COST MORE THAN 2.5 PERCENT OUT OF THE TOTAL OUT LAY OF L I C. PER YEAR.
DAY AFTER DAY THE PENSIONERS ARE DYING THE NUMBER OF PENSIONERS WERE ARE ON REDUCING SCALE WHERE AS THE FAMILY PENSIONERS ARE ON INCREASING SCALE.
TO A GIGANTIC ORGANISATION IT IS NOT AN EXPENSE, MORE OVER THE
CHAIRMAN HIMSELF MENTIONED THAT THEY ARE HAVING ROBUST PENSION
FUND.
I HOPE THE WISE COUNSELS DO PREVAIL ON L I C AND LET THE WISDOM
DAWN ON L I C BEFORE IT IS TOO LATE.
WE HOPE AND PRAY THAT ON 20 01 2016 JUTICE DEEPAK MISRA AND JUSTICE
C.PANTH WILL DELIVER A JUDGEMENT MUCH IN FAVOR OF L I C PENSIONERS
AND DIRECT L I C TO ARRANGE THE PAYMENT IN A SPECIFIED TIME.
THE JUDGEMENT WILL BE IN CLEAR CUT TERMS SO THAT L I C COULD NOT
RAISE ITS VOICE IN ANY MANNER.
HOLD HIGH THE BANNER OF AIRIEF – LONG LIVE AIRIEF TO PROTECT THE
PENSIONERS.
WITH GREETINGS,
L S R KRISHNA RAO
