WHY NOTIONAL
UPGRADATON WITH WEIGHTAGE IS PROVIDED FOR ALL PURPOSES OTHER THAN REAL UPGRADATION
OF PENSION
As per the standard
practice followed by LIC after every
wage revision, administrative instructions
are issued by LIC (1)for revision
of minimum pension,(2) revision of basic
pay slabs for family pension
determination and (3) revision of basic
pay slabs for category
determination under group mediclaim .
The circular in
respect of the first two items are yet to be issued or if issued, yet to come
to the knowledge of pensioners. The first two relate only to those who retire
after the effective date of the wage revision before the effective date of next
wage revision. But item (3) applies to all the pensioners.
As regards item no (3),
the circular issued by CO dt 12/2/2016 already contains revision of salary slabs
for category determination as follows:
|
Before 1/8/2012
|
From 1/8/2012
|
Scaled up amount based on DA merger principle
|
Weightage provided for revision of slabs (%)
|
|||||
|
(1)
|
Minimum of Slab
(2)
|
Maximum of Slab
(3)
|
Minimum of Slab
(4)
|
Maximum of Slab
(5)
|
Minimum of Slab
(6)
|
Maximum of Slab
(7)
|
Minimum of Slab
(8)(Col 4/Col 6)x100-100
|
Maximum of Slab
(9) (Col 5/Col 7)x100-100
|
|
Category III
|
|
22146
|
42195
|
0
|
36796
|
14.67
|
||
|
Category II
|
22147
|
30749
|
42196
|
58689
|
36797
|
51089
|
14.67
|
14.87
|
|
Category I
|
30750
|
58690
|
51091
|
0
|
14.87
|
|||
Even though the
circular does not specify that the categories of old retirees will remain the
same as before as was the practice earlier, we may expect a clarification to
that effect from CO separately.
But what is
significantly to be noted is that the old pensioners are treated
notionally as having been provided upgradation
of pension with a weightage
ranging from 14/67% to 14/87%(
w.r .t the scales of pay prevalent just before 1/8/2012 who were in
service as at 1/8/2012). This is in recognition of the fact that that
the old pensioners need to be given
the same treatment in respect of
mediclaim cover as the present employees
and latest retirees/Does this mean that LIC is magnanimous to provide notional upgradation of pension with weightage when it has
no need to pay any monetary benefits
to the retirees on such revision?
This is a point that
the case managers will do well to bring to the notice of the Supreme Court
Bench to prove that LIC chooses to adopt
the principle of weighted upgradation selectively where it suits the
Corporation.
Greetings.
C H Mahadevan
