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Friday, 3 September 2021

EDs of LIC retired earlier drawing less Gross Pension than lower cadre employees/officers/erstwhile juniors

I attach a detailed table showing  how the Executive Directors of LIC who retired during the various earlier periods are drawing less Gross pension as at 31/8/2021 compared to the various lower cadre employees/officers/erstwhile juniors who retired subsequently on account of non-upgradation.I prepared the Tables based on the figures in the Pension Anomaly Chart as at August 2021.
These charts are illustrative for only the cadre of ED.But the situation is similar for  all the lower cadres of officers also with only variation in degrees.
We need to use the data appropriately during the hearings in the SC.
C H Mahadevan










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