Civil Appeal No. 3465/2024 before the Supreme Court,

    All India Insurance Pensioners Association 

Circular: Special.

New Delhi,

09.10.2025.

To all affiliated Units.

Dear Comrade,

Re: Civil Appeal No. 3465/2024 before the Supreme Court,

This is in continuation of the short note circulated yesterday.

Our case which was listed for hearing on 08/10/2025 was taken up in the post lunch session by the bench headed by Hon'ble Justices JK Maheswari and Vijay Bishnoi. After the Senior Counsel who opened the arguments on 18/09/2025 finished his submission our Senior Counsel Shri. Sanjay Hedge started his arguments and continued for the day. As the submission was incomplete the Court posted the matter to 9/10/2025 for further hearing. The Court started hearing our case around 11.00 am today, after dealing with miscellaneous matters.

Our Senior Counsel continued his arguments and cited two Judgments of the Supreme Court on the subject matter and how the discrimination exist regarding the upgradation of pension for LIC Employees when Central Government Employees are extended the benefit with each wage revision and RBI employees were given upgradation of pension. we would like to share the submission which our Advocate placed before the Bench in support of our case, point wise.

• 1.
  LIC pension scheme like CCS (Pension) Rules does not have any provision for upgradation of pension. The Scheme framed on the basis of Central Civil Services Rules and introduced in 1995. When the scheme was introduced, there was no provision for upgradation even in the CCS Pension Rules.
• 2.
  Section 56 of the Schemes makes it clear that in case of any ambiguity, the issue has to be resolved as per the CCS Rules.
• 3.
  The Board Resolution decided to do away with varied forms of DA and end the discrimination in 11/2001 and recommended for uniform pattern which was sent to government and there was no response from the GOI.
• 4.
  In interpreting Rule 55B and extending the benefit to one class of Pensioners is discriminatory on the ground that pension is paid from LIC pension fund at the rate allowed to Central Government employees (Chairman & MDs).
• 5.
  That the pension fund is fully funded and as on 31.3.2024 the fund balance is Rs. 1,28,717 Crores and the fund can be only used for payment of pension and family pension.
• 6.
  The cost of conceding pension updation to LIC pensioners can be absorbed by LIC, with growth of total premium income. It is historically proved that the cost of extending any new benefit is absorbed with the growth of premium income.
• 7.
  Since the Scheme is a closed one, the liability of the Corporation also decreases with significant number of employees retiring each year.
• 8.
  RBI is also fund managed and is controlled by Board and the resolution of RBI Board has been accepted by GOI while it not accepted for LIC.
• 9.
  LIC's Continuous growth in business can absorb the additional cost as the wages and pension cost is coming down over the years and will further come down.

Today our advocate replied to certain clarifications sought by the court about the remission of our case by the Apex court to Delhi High Court and about the first order of the Rajasthan High Court. The Court put a specific question to our Counsel whether there was any response by Union of India for the Board Resolution to which the answer was No. Even LIC advocate could not assist the Court on this point as there was no reply from Union of India.

Shri Sanjay Hegde, our Senior Counsel, presented our casein a professional way and forcefully. His submissions were impressive. He also referred to Article 43 of the Constitution that guarantee a dignified life. He cited a number of case laws in support of our arguments.

After that, the Senior Advocate for Retired Class I officers presented his case and has made part submission. The court rose for the day at 12.15 pm posting the matter to 29/10/2025 for completion of arguments of rest of the petitioners. The next day LIC and GOI may submit their counter. It is expected that the matter will come to a successful end soon.

With greetings,

Comradely yours,

General Secretary.