What is the use of a long circular by a so called chamcha organisation to the ruling party at centre on the eve of hearing at SC and a spokesman of dissident organisation of officers both having minuscule membership without any action taken during six wage settlements. No doubt they have no TU rights since sec 48 of LIC Act 1981.They as well as so called 85% anti-worker anti-promotion anti-pension and its upgradation are satisfied with the clever move of DFS to extend some/not all benefits given to bank men six wage increases and fringe benefits. Minuscule AIRIEF is unable to collect Rs 5000 each at least from 1000 members for the last stage of struggle at SC to defray charges to Senior counsel. There is a intervening litigant having crores entered the legal process at DHC after two decades to save from its demise spent nothing to expedite the case at SC contrary to the practice prevalent SC. It is sheer accident that the two member bench started to hear the case unlike umpteen benches so far. Almost all living retirees are satisfied with the life of Hindu caste hierarchy with social and monetary discriminations like all Gods of all religions. Even few pre- 1.8.97 living retirees are substantially better than those retired from 1.9.56 to 31.10.93 and died with starvation/ stagnation wage with no pension. Present greedy In-service/living retirees never uttered a word of gratitude to Great PVN RAO who gifted pension all organised working class which never happened since 1947 to 1993/95 and economic reforms to sustain along with double the real wages now with Modi following the same to grant pension even to unorganised working class Let them be vitriolic ant-Modi like Anti-Rao even so ungrateful even after his death. No one was interested about the quantum of pension arrears at the end of each wage revision
Now all of a sudden they awoke to a possibility of the sum reaching one lakh crore plus rupees and splitting hairs over how to disburse and by whom either LIC or GOI and how to account for it in Balance Sheet/Pension Fund like arguments at SC granting fundamental rights under Article 14, 21 and umpteen rights to retirees and what will be the stand of GOI denying the same to working class like Sec 48 to those undeserved who never cared to restore basic TU rights under ID Act 1947 for 44 years. They are not even aware that LIC/GOI is having lakhs and lakhs of crores as windfall profits after recouping more than 15000 crores (Actually 21000 crores) being 12% return PA cumulatively for 69 years from an investment of 5 crores on 1.9.56. there is no question of amortisation for number of years and it can be solved at a stroke of Pen from SC/ LIC/ GOI ordering reimbursement from Windfall Profit. One presumes that such a procedure was not enumerated in 3 page note/ note supplied on 27.10.25.by 5/6 petitioners as well as in pleadings made in sept/ Oct '25 by 3 Sr counsels so far and further on 29.10.25 to rebut the non viability of LIC/ GOI. Had we not heard in 1993 that an actuarial Chairman said publicly that for want of 12000 crores for introducing pension he will not preside over liquidation of LIC which never happened for 32 years or in future also. What is the guarantee that GOI will not appeal to higher number bench if the two member bench order all requests are genuine like TN temp emp case at SC after 25 years and still continuing. One doubts the capacity of In-Service in such a scenery act like In-service of RBI for decades as they cheated their own seniors nearly for four decades,
Actions by NOIP have not brought any positive response from FM orDFS sofar. It is an effort to show how we have made efforts though futile, when it appears that SC may probably give relief to pensioners through their verdict & thus an to effort to grab credit in the event of positive outcome. Pensioners however would not fall prey to any such efforts to give credit to NOIP in such circumstances.
NOIP should not dare to claim any credit if relief to pensioners is received through case filed in SC. Any such effort would be unethical. No need of any intervention by NOIP in the process of implementation of the orders of SC, since any failure to obey court orders will invite contempt of court.
4 comments:
What is the use of a long circular by a so called chamcha organisation to the ruling party at centre on the eve of hearing at SC and a spokesman of dissident organisation of officers both having minuscule membership without any action taken during six wage settlements. No doubt they have no TU rights since sec 48 of LIC Act 1981.They as well as so called 85% anti-worker anti-promotion anti-pension and its upgradation are satisfied with the clever move of DFS to extend some/not all benefits given to bank men six wage increases and fringe benefits. Minuscule AIRIEF is unable to collect Rs 5000 each at least from 1000 members for the last stage of struggle at SC to defray charges to Senior counsel. There is a intervening litigant having crores entered the legal process at DHC after two decades to save from its demise spent nothing to expedite the case at SC contrary to the practice prevalent SC. It is sheer accident that the two member bench started to hear the case unlike umpteen benches so far. Almost all living retirees are satisfied with the life of Hindu caste hierarchy with social and monetary discriminations like all Gods of all religions. Even few pre- 1.8.97 living retirees are substantially better than those retired from 1.9.56 to 31.10.93 and died with starvation/ stagnation wage with no pension. Present greedy In-service/living retirees never uttered a word of gratitude to Great PVN RAO who gifted pension all organised working class which never happened since 1947 to 1993/95 and economic reforms to sustain along with double the real wages now with Modi following the same to grant pension even to unorganised working class Let them be vitriolic ant-Modi like Anti-Rao even so ungrateful even after his death. No one was interested about the quantum of pension arrears at the end of each wage revision
Now all of a sudden they awoke to a possibility of the sum reaching one lakh crore plus rupees and splitting hairs over how to disburse and by whom either LIC or GOI and how to account for it in Balance Sheet/Pension Fund like arguments at SC granting fundamental rights under Article 14, 21 and umpteen rights to retirees and what will be the stand of GOI denying the same to working class like Sec 48 to those undeserved who never cared to restore basic TU rights under ID Act 1947 for 44 years. They are not even aware that LIC/GOI is having lakhs and lakhs of crores as windfall profits after recouping more than 15000 crores (Actually 21000 crores) being 12% return PA cumulatively for 69 years from an investment of 5 crores on 1.9.56. there is no question of amortisation for number of years and it can be solved at a stroke of Pen from SC/ LIC/ GOI ordering reimbursement from Windfall Profit. One presumes that such a procedure was not enumerated in 3 page note/ note supplied on 27.10.25.by 5/6 petitioners as well as in pleadings made in sept/ Oct '25 by 3 Sr counsels so far and further on 29.10.25 to rebut the non viability of LIC/ GOI. Had we not heard in 1993 that an actuarial Chairman said publicly that for want of 12000 crores for introducing pension he will not preside over liquidation of LIC which never happened for 32 years or in future also. What is the guarantee that GOI will not appeal to higher number bench if the two member bench order all requests are genuine like TN temp emp case at SC after 25 years and still continuing. One doubts the capacity of In-Service in such a scenery act like In-service of RBI for decades as they cheated their own seniors nearly for four decades,
Actions by NOIP have not brought any positive response from FM orDFS sofar. It is an effort to show how we have made efforts though futile, when it appears that SC may probably give relief to pensioners through their verdict & thus an to effort to grab credit in the event of positive outcome. Pensioners however would not fall prey to any such efforts to give credit to NOIP in such circumstances.
NOIP should not dare to claim any credit if relief to pensioners is received through case filed in SC. Any such effort would be unethical. No need of any intervention by NOIP in the process of implementation of the orders of SC, since any failure to obey court orders will invite contempt of court.
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