Dear All,
1.The
judgment gives some relief to pre-August 1997 retirees in the form of
revised DR slab percentage for pensioners with Basic Pension @0.29% in
case of pre-August 1992/April 1993 retirees drawing more than 2130 and
@ 0.23% in case of post Aug 1992/March 1993 retirees drawing more than
3850.
2.There will be no recovery of 40% Interim Relief paid.
3.Minimum Pension upgradation has been ordered with every wage revision.
4.prayer for upgradation of pension has been rejected.
5.It is possible that CG/LIC may appeal against the judgment citing ripple effect in banking sector.
Greetings.
C H Mahadevan
No comments:
Post a Comment