THIS IS MISSTATEMENT OF THE FACT. MERELY BECAUSE THE PENSION RULES HAVE BEEN FRAMED ON THE BASIS OF CCS PENSION RULES THEY DO NOT OERRIDE OR SUBSTITUTE THE SAME. ONCE THE RULES
HAVE BEEN FRAMED THEY ATTAIN FINALITY IN THE MATTER OF APPLICATION. RULE 56 ONLY SAYS THAT IF THERE IS ANY REQUIREMENT THE CCS PENSION RULES CAN BE REFERRED TO. BUT THERE IS NO SUCH PROVISION IN THE CCS PENSION RULES TO INCREASE/DECREASE OF PENSION WITH THE PAY REVISION. UNLESS THIS PROVISION IS THERE CCS PENSIONS RULES IS OF NO USE AND ASSISTANCE TO US.
AS REGARDS RULE 55b IS CONCERNED IT IS AGAIN OF NO ASSISTANCE. SINCE THE MDs HAVE BEEN MADE EMPLOYEES OF THE CENTRAL GOVERNMENT THEY ARE GOVERNED BY THOSE RULES. THAT IS OF NO CONCERN WITH THE LIC EMPLOYEES I DO NOT UNDERSTAND AS TO HOW IT CAN BE OF ANY RELEVANCE TO US.
REST OF THE COMMENTS LATER
KML ASTHANA
2 comments:
Dear KMLA Sir, As per the definition of employee, CMD & MD is an employee of the corporation,now you say as per para 55B they are employees of central government.How they can be employees of LIC & GOVT at the same period.Either I am wrong or you are wrong
The Chairman was made an Employee of the corporation by inserting a proviso to clause j of the pension scheme
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