Dear Mr Chandrasekaran,
Referring to our telephonic talk today,I attach a letter by email written by me to Chairman in Sept 2014 along with an illustration to demonstrate the anomalies in Family Pension arising if the method adopted by LIC for depositing the amounts in HC Registry of Chandigarh is followed.
This illustration -besides other arguments-is sufficient to nail LIC on its faulty approach towards pension revision.
Let us hope LIC gracefully recognises their fallacious approach and graciously and rationally rectifies the anomalies before being pulled up be the Apex Court.
Kind regards.
C H Mahadevan
