PENSIONERS' VOICE & SOUND TRACK Editor: R K Sahni
A FORUM FOR LIC PENSIONERS
Sunday 28 April 2024
*इनफॉरमेशन शेयरिंग वीडियो कॉन्फ्रेंसिंग*कल दिनांक 29 अप्रैल 2024 दोपहर 2.30
Information Sharing through video conferencing tomorrow 0n 29th April,20224at 2.30 PM
International Workers' Day, also known as Labour Day or Workers' Day
DEAR ALL,
1)International Workers' Day, also known as Labour Day or Workers' Day
Our case hearing is subject to non sitting of CONSTITUTION Bench on 01.05.20224
[ IT WILL BE APPRECIATED IF THE LEARNED ADVOCATES ON RECORD DO NOT SEEK ADJOURNMENT IN THE MATTERS LISTED BEFORE ALL THE COURTS IN THE CAUSE LIST ] DAILY CAUSE LIST FOR DATED : 01-05-2024 COURT NO. : 6 HON'BLE MR. JUSTICE HRISHIKESH ROY HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA
(TIME : 10:30) |
Chronology is based on the date of initial filing.
SNo. | Case No. | Petitioner / Respondent | Petitioner/Respondent Advocate |
---|---|---|---|
Our cases are listed for final hearing on 01.05.2024 in SCNo.6 at Serial No.111
PENDING | ||
Diary No. | 21826/2017 Filed On 21-07-2017 12:00 AM [SECTION: XIV-A] | |
Case No. | C.A. No. 003465 / 2024 Registered On 27-02-2024 SLP(C) No. 019799 - / 2017 Registered On 04-08-2017 (Verified On 04-08-2017) | |
Present/Last Listed On | 01-05-2024 [HON'BLE MR. JUSTICE HRISHIKESH ROY And HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA] [CL.NO. : 111] | |
Status/Stage | PENDING (Final Hearing) Leave Granted / Rule NISI / Appeal Admitted, List On (Date) (24-04-2024)-Ord Dt:20-02-2024 | |
Admitted | [ADMITTED ON : 20-02-2024] | |
Category | 0601-Service Matters : Retiral Benefits |
Saturday 27 April 2024
Contradictions our Pension Rules,1995
Friday 26 April 2024
'Delhi Govt Only Interested In Appropriation Of Power': High Court On Failure To Supply Books In MCD Schools
'Delhi Govt Only Interested In Appropriation Of Power': High Court On Failure To Supply Books In MCD Schools
https://www.livelaw.in/high-court/delhi-high-court/delhi-high-court-pulls-delhi-govt-no-books-in-mcd-schools-256261
Rectification of Commutation Factor Fixation and Restoration of Commuted Portion of Pension – Request by BPS
Rectification of Commutation Factor Fixation and Restoration of Commuted Portion of Pension – Request by BPS
BHARAT PENSIONERS SAMAJ
(All India Federation of Pensioners' Association)
2/13-A-LGF Backside Jangpura-'A', New Delhi – 110 014
No BPS/SG/commutation/024/03
Dated: 21.04.2024
To:
1. The Secretary (Pension)
Government of India
Department of Pension & Pensioners' Welfare
2.The Finance Secretary & Secretary (Expenditure)
GOI.MOF- Department of Expenditure'
Subject Request for Rectification of Commutation Factor Fixation and Restoration of Commuted Portion of Pension
Respected Sirs.
Bharat Pensioners Samaj is writing to highlight significant flaws in the fixation of Commutation Factors (CF) for Central Government Pensioners and to urge for the restoration of the commuted portion of pension after 12 years instead of the current 15 years.
The current Commutation Factor determination, as per the Central Civil Services (Commutation of Pension) Rules, 1981, lacks adequacy and fairness due to several outdated parameters and methodologies. Despite changes in interest rates, mortality rates, and life expectancy over the past decade, the existing rules have not been revised accordingly.
BPS emphasizes the following key concerns:
1. Outdated Parameters: The Commutation Tables are based on outdated data, specifically the LIC table 94-96. with an interest rate of 8% effective from 2/9/2008. This approach fails to reflect current economic realities and demographic trends.
2. Improper Recovery Period: The current recovery period of 15 years is unjustified, as the actual recovery period is less than 11 years. This results in excessive recovery from pensioners, causing financial strain.
3. Need for Periodic Revision: Commutation tables should be reconstructed every 5 years to align with changes in RBI repo rates, market interest rates, life expectancy, and mortality rates.
4. Discrepancies in CF Calculation: Discrepancies in CF calculation result in a reduction of the commuted amount by 16.5% for pensioners retiring after 2/8/2008, compared to those retired before.
5. Restoration of Commuted Portion: The current policy of restoring the commuted portion of pension after 15 years is inequitable. Recommendations for restoration after 12 years have been made by expert bodies like the Department of Pension and Pension Welfare, but have not been accepted by the Finance Ministry.
In light of these concerns, we urge for the following actions:
1. Reconstruction of Commutation tables effective from 2008 onwards, considering factors such as a recovery period of 12 years, mortality rates by the Institute of Actuaries of India, life expectancy by the Census department, and interest rates based on GPF rates or RBI repo rate.
2. Restoration of the commuted portion of pension after 12 years instead of the current 15 years. in line with recommendations made by expert bodies.
BPS believes that these reforms are essential to ensure fairness and adequacy in pension provisions for retired government employees, who have dedicated their lives to public service.
Your attention to this matter is earnestly requested, and we hope for a favorable resolution.
Thank you for your consideration.
Yours faithfully,
(S.C.Maheshwari)
Secy.Genl
Bharat Pensioners Samaj
NOIP meets Joint Secretary, DFS
Pending pension related issues of LIC pensioners
Regn No.PN 4769 (Regd under Indian T U Act, 1926)
(Affiliated to Bharateeya Mazdoor Sangh)
BMS Office, Vishwakarma Bhavan, 185, Shaniwar Peth, Pune 411030.
President: T.C. Gunesh Kumar Mob No: 9880683639
General Secretary: Ashok J. Joshi Mob No: 9561084182 & 9945104570
Date: 23-04-2024
The Secretary (DFS), Dept of Finance, GOI, Jeevan Deep Building, Parliament Street, NEW DELHI
Dear Sir,
Sub: Pending pension related issues of LIC pensioners
This is further to our letters dtd 28-01-2024 & 12-02-2024 regarding the captioned matter. The pending issues are reiterated here below in a nutshell.
We appeal to you to bestow your kind attention to resolve the same since they are pending approval for a long time.
- 1)Updation of pension with every wage revision- OROP
- 2)One more pension option to the left-over ex-servicemen and directly recruited superintending/Executive engineers (whose number is less than 100 in total). When Modiji has done a lot of good things to the Ex-Servicemen including grant of OROP, why a handful of ex-servicemen in LIC are denied the pension option, is not understandable.
- 3)Increased pension to 80+ seniors.
- 4)Double the family pension up to age 67 in case pensioner dies before age 67.
- 5)Computation of pension at 50% of last pay drawn or 50% of last 10 months' average pay, whichever is favourable to the retiree.
- 6)Full pension for service of 20 years or more.
- 7)One more pension option to those PF optees, who have resigned and had put in more than 20 years of service. (Resigned due to domestic/health issues, mostly ladies)Recently given to Bank retirees by IBA through bilateral agreement with UFBU.
- 8)100% DR neutralization for pre 8/1997 retirees- Recently given to Bank retirees by IBA through bilateral agreement with UFBU for those retirees retired prior to 11/2002.
With thanks and regards,
Yours Sincerely,
General Secretary
Meeting with Joint Secretary, DFS
Regn No.PN 4769 (Regd under Indian T U Act, 1926)
(Affiliated to Bharateeya Mazdoor Sangh)
BMS Office, Vishwakarma Bhavan, 185, Shaniwar Peth, Pune 411030.
President: T.C. Gunesh Kumar Mob No: 9880683639
General Secretary: Ashok J. Joshi Mob No: 9561084182 & 9945104570
Date: 26-04-2024
Cir No 8/2024
Re: Meeting with Joint Secretary, DFS.
The undersigned was on 3 days' visit to Delhi from 23rd to 25th April 2024. It was planned to visit DFS on either of the 3 days. On 24th , grand AGM of Delhi was held with packed attendance. With a skillful maneuvering by our Delhi activists, we were able to meet Dr. Prashant Goel, Joint Secretary (Insc), DFS on 25-04-2024 at 2-45 pm and the meeting lasted for 15 minutes. The delegation was led by the undersigned accompanied by S/Shri. Arvind Mittimani, Org Secr, Rajiv Sharma, CC member and Subhash Raina, Secretary Delhi unit. We submitted our letter dtd 23-4-2024 addressed to the Secretary, DFS, which is appended herewith. Pointwise reporting is as follows-
- 1)Updation- We pointed out the dire need of updation saying, IBA at last, principally accepted the need for updation and granted interim relief. He quipped to say that where the pension updation has taken place in financial sector except, RBI? He did not deny the need for updation but indicated that it should start with banks.
- 2)OMOP- left over cases- We brought home the fact that ex-servicemen did not opt initially because there was a provision for only one Family pension, which was changed in 2013. Directly recruited engineers did not opt due to their ignorance. Hence, requested to offer all of these persons OMOP, whose number is less than 100. Moreover, LIC has already recommended. He gave a patient hearing and appeared to be convinced.
- 3)Increased pension to 80+- He did not offer any comments, though LIC is said to have recommended.
- 4)Double the FP up to age 67- We requested for approval since it is recommended by LIC.
- 5)50% of last pay as pension- We explained the anomaly and to adopt the central govt rule in this regard. He was non-committal.
- 6)Full pension for 20 years' service- We explained the cases of ex-servicemen, SC, ST, OBC and DO recruits at higher age etc and requested for acceding to our request, quoting RBI notification way back in 2013. He did not offer any comments.
- 7)OMOP to resignees- We quoted recent agreement in banks and requested to offer OMOP to such resignees in LIC, too. When we said such cases are in hundreds and mostly ladies who resigned due to domestic problems, he appeared to be inclined to consider in view of a few such cases.
- 8)100% DR to pre 8/97 retirees- We again quoted the recent agreement in banks and further said that the Delhi HC gave the truncated %, lesser than 100% neutralization in our case. He was not averse to our request.
Regarding wage revision notification, he said that DFS is waiting for NOC from the Election Commission and soon therafter it would be notified. We referred to the LIC's press statement saying more than 30000 pensioners would get the one time compensation, he asked what is the number. We said around 70000. On our pointed query he asked to wait for the details of notification but told that it would be on bank pattern.
He was very cordial and receptive and appeared to be considerate. We also told him that all the issues have been discussed by us in detail with Shri. Saurabh Mishra, earlier JS in which meeting Shri. Vinod Kumar, Under Secretary was present. He assured to look into.
NOIP will continue to follow up the issues till their logical conclusion.
With regards, Encl: As above
General Secretary
BREAKING | Supreme Court Rejects Plea For 100% EVM-VVPAT Verification, Issues Directions To Seal Symbol Loading Unit
BREAKING | Supreme Court Rejects Plea For 100% EVM-VVPAT Verification, Issues Directions To Seal Symbol Loading Unit
https://www.livelaw.in/top-stories/-supreme-court-rejects-pleas-seeking-100-evm-vvpat-cross-verification-issues-directions-to-seal-symbol-loading-unit-256174
Supreme Court Judgment On EVM-VVPAT Verification : Live Updates
Supreme Court Judgment On EVM-VVPAT Verification : Live Updates
https://www.livelaw.in/top-stories/supreme-court-judgment-on-evm-vvpat-verification-live-updates-256161
Thursday 25 April 2024
*2014 का आईपीएल भारत में नहीं दुबई में हुआ था*
Latest on our case in SC today
Do Private Properties Come Under 'Material Resources Of Community' To Be Distributed For Common Good? Supreme Court Starts Hearing On Article 39(b)
https://www.livelaw.in/top-stories/do-private-properties-come-under-material-resources-of-community-to-be-distributed-for-common-good-supreme-court-starts-hearing-on-article-39b-255969
Listing of our cases on 25/04/2024
DAILY CAUSE LIST FOR DATED: 25-04-2024
COURT NO. : 6
HON'BLE MR. JUSTICE HRISHIKESH ROY
HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA(Time:10:30 AM)
Note:-
ALTERNATIVE BENCH
.
IF THE CONSTITUTION BENCH DOES NOT SIT FOR ANY REASON OR THE MATTERS LISTED BEFORE THE CONSTITUTION BENCH IN CHIEF JUSTICE COURT ARE OVER, THE FOLLOWING MATTERS WILL BE TAKEN UP BY THIS BENCH
Service Matters - Retiral benefits
111
C.A. No. 3465/2024
XIV-AALL INDIA INSURANCE PENSIONERS ASSOCIATION THR. ITS PRESIDENT AND ORS. Versus UNION OF INDIA AND ORS.
M. RAMBABU AND CO.
RAJ BAHADUR YADAV[R-1],ASHOK PANIGRAHI[R-2],[R-3]IA No. 17950/2020 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES
CONNECTED
111.1C.A. No. 3467/2024
XIV-AFEDERATION OF RETD. LIC CLASS I OFFICERS ASSOCIATION AND ORS. Versus UNION OF INDIA AND ORS.
T. L. GARG
RAJ BAHADUR YADAV[R-1],ASHOK PANIGRAHI[R-2],[R-3]FOR APPLICATION FOR PERMISSION ON IA 90990/2022
IA No. 90990/2022 - APPLICATION FOR PERMISSION
CONNECTED
111.2LIFE INSURANCE CORPORATION OF INDIA AND ANR. Versus KRISHNA MURARI LAL ASTHANA (DEAD) THR. LRS.
ASHOK PANIGRAHI
TOM JOSEPH[R-1.2],[R-1.3]FOR RECALLING THE COURTS ORDER ON IA 29762/2022 FOR APPROPRIATE ORDERS/DIRECTIONS ON IA 101480/2022 FOR PERMISSION TO APPEAR AND ARGUE IN PERSON ON IA 106715/2022
IA No. 101480/2022 - APPROPRIATE ORDERS/DIRECTIONS
IA No. 106715/2022 - PERMISSION TO APPEAR AND ARGUE IN PERSON
IA No. 29762/2022 - RECALLING THE COURTS ORDER
CONNECTED
111.3C.A. No. 3466/2024
XIV-AALL INDIA RETIRED INSURANCE EMPLOYEES FEDERATION Versus LIFE INSURANCE CORPORATION OF INDIA AND ANR.
RAMESHWAR PRASAD GOYAL
ASHOK PANIGRAHI[R-1],RAJ BAHADUR YADAV[R-2]FOR CLARIFICATION/DIRECTION ON IA 141188/2017 FOR PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES ON IA 54179/2022
IA No. 141188/2017 - CLARIFICATION/DIRECTION
IA No. 54179/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES
CONNECTED
111.4C.A. No. 3468/2024
XIV-ARETIRED LIC CLASS I OFFICERS ASSOCIATION Versus LIFE INSURANCE CORPORATION OF INDIA
ASHISH KUMAR TIWARI [P-1]
ASHOK PANIGRAHI[R-1],RAJ BAHADUR YADAV[R-2]CONNECTED
111.5C.A. No. 3469/2024
XIV-AKRISHNA MURARI LAL ASTHANA Versus LIFE INSURANCE CORPORATION OF INDIA AND ORS.
PETITIONER-IN-PERSON[P-1]
ASHOK PANIGRAHI[R-1],RAJ BAHADUR YADAV[R-2]IA No. 144252/2018 - APPLICATION FOR TAGGING/DETAGGING
IA No. 139468/2022 - APPLICATION FOR TAGGING/DETAGGING
IA No. 115900/2019 - EARLY HEARING APPLICATION
IA No. 63896/2018 - PERMISSION TO APPEAR AND ARGUE IN PERSON
IA No. 159527/2019 - PERMISSION TO PLACE ON RECORD SUBSEQUENT FACTS
CONNECTED
111.6C.A. No. 3470/2024
XIV-AMADAN LAL GANDHI AND ORS. Versus UNION OF INDIA SECRETARY MINISTRY OF FINANCE DEPT. OF ECONOMIC AFFAIRS AND ORS.
ANURAG[P-3],[P-4],[P-5],[P-6],[P-7],[P-8],[P-9],[P-10],[P-11],[P-12],[P-13],[P-15],[P-16],[P-17],[P-18],[P-19],[P-20],[P-21],[P-22],[P-23]
RAJ BAHADUR YADAV[R-1],ASHOK PANIGRAHI[R-2],[R-3],[R-4]IA No. 22613/2019 - CONDONATION OF DELAY IN FILING REPLY AFFIDAVIT