The case of the Bankers for judgment was delivered on 16/05/2018

Dear Mr Chhabra,

The case of the Bankers for which judgment was delivered on 16/5/2018 has no relationship with our case.

Their prayers seem to have been for 100% DR neutralization  for pre Nov 2002 retirees instead of for equitable neutralization on par with in-service employees.

There is also a limitation of a package  for Rs 1288/- cr in the settlement including for pension.

There was no prayer for upgradation of pension.

We have rules on our Pension Rules in our favour  like 55 B which are not there in Bank Pension Rules.

So the case is not comparable with our case.So it is better not to connect their case with ours for any purpose.Even if LIC cites it in their arguments,we need to argue that it is not comparable.

Kind regards.

C H Mahadevan