Dear Bank Pensioner friends, 

I have been following the many email threads throwing light on the Bank-Pensioners' issues. the status of Court cases, implications of the recent set-backs in High Courts and even Apex Court, certain amount of diversion of resources, monetary as well as human expertise and a variety of other problems including the IBA the Leviathan. 

I don't claim to know even 10% of the full facts, because of the sheer magnitude of the 'total case' defying a fair solution for decades. 

But I do claim a reasonable control and knowledge of the Legal angle embracing the hallowed concept of PENSION REVISION WITH EACH PAY REVISION. It is and it has to be similar and even identical, when it comes to the applicability of the Law governing Pension (which includes its upward revision) to every Pensioner, be it in Govt, LIC, RBI, NABARD or the Public Sector Banks. 

We in LIC appear to be pretty close to a historic, path-breaking, favorable judgement from the Delhi HC - any day between 11 April and 28th April. 

Allow me to assert, that if we get a favorable Judgement, (I am saying 'if'' because although I am personally confident that it is going to be in our favor, we all know till it comes, it has not come), for all others, it is just a question of time and it needs organized, disciplined and completely united multi pronged action plan, 

Let me also hasten to add that even an emphatically favorable judgement in our favor at the DHC does NOT mean the end of the road. It only gives us the philip to pursue till the final goal is reached and dreams become a reality. I am visualizing the need to work together, sinking ideological differences, identity preferences and looking at Pensioners as one single class or species. 

We have to fend for ourselves, and be ready to collide head on, with an insensitive (but powerful) Government, belligerent managements (possibly with the exception of RBI) , openly hostile in-service employee organizations,  outfits like IBA, the vagaries of the country's justice delivery system and even the leading lights at the Bar, most of whom (once engaged) do not have the time to talk to or listen to the client. 

But still, none of these formidable and giant sized hurdles, should deter us from pursuing the cause till the very end, because it is a JUST CAUSE.   

I had occasion to spend a couple of hours recently with Sri VBV Ramesh in Kolkata. Once a favorable Judgement from DHC is in our pocket, I will look forward to interact with more and more Pensioner groups, for mutual benefit. 

M Sreenivasa Murty

President, 

Retired LIC Class I Officers' Association, 

Hyderabad  

          

On Sat, Apr 8, 2017 at 9:31 PM, INVES tours <investours@yahoo.co.in> wrote:

The 100% DA case in Supreme Court and Pension Updation Case in Delhi High Court Full Bench were most unceremoniously dismissed. In case of DA Case, the Judge had a preset mind as proceedings suggest. The legal counsels in both cases were not properly feeded with stuff as, for judges' many queries, they were silent. There were doubts about sincerity and integrity of retiree petitioners' lead also as they were not present in courts at time of crucial hearings.

In interaction with LIC Retirees' Lead, it was emerged, against all those odds, the cases would had a breather time if the legal counsels and petitioners ask, as a last resort, time to furnish written submissions to make it possible to turn the tables in favour and to cover or avert the unpreparedness.

With two level dismissal in each case, the prospects are very bleak for Bank Retirees for these two issues and the non-legal actions are like blind-men's fight.

So far dragging the matters as subjudice, or considering sympathetically/humanitarian grounds and so on,  the IBA's pointing out the Judgements before Labour Commissioner in recent was a "welldone checkmate" in the Play.  Other cornered steps by IBA in next mail.

 

= VBV Ramesh