Jul 31 2016, 7:03 AM
Rajrao12: While reading Ramakrishnan Sir'Is it not that the pension liability a part of Management expenses.?
However if it is,
Please correct me if I am wrong.
Showing posts with label YOUR VOICE. Show all posts
Showing posts with label YOUR VOICE. Show all posts
Sunday, 31 July 2016
Friday, 24 June 2016
YOUR VOICE
Jun 23 2016, 11:21 AM
Subbaraman AV: LIC CHAIRMAN
QUITS 2 YRS AHEAD OF SCHEDULE CITES PERSONAL REASONS UNHAPPINESS WITH THE
REMUNERATION OF RS 1.7 LAKHS P M.HIS RANK LIKE THAT OF SBI CHAIRMAN IS CHAIRMAN
Jun 23 2016, 11:28 AM
Subbaraman AV: HIS RANK IS
EQUIVALENT TO A SECRETARY IN FIN MINISTRY 4 DEADES AGO SH J R JOSHI CHAIRMAN
RESIGNED FOLLOWING A GOVT PROPOSAL TO SPLIT LIC INTO 5
CORPORATIONS WHICH NEVER FRUCTIFIED.(TOI)
Tuesday, 10 May 2016
YOUR VOICE:Continue your good job!
Dear Mr Sahni
Where was the need for you to apologise for kindling unnecessary hopes in the minds of pensioners? You have judiciously published both the charts - the correct one as per SC order which is the legitimate amount receivable and the incorrect one as per LIC's own machinations to deny what is our dues. Thereby you have done a yeoman service to expose LIC's hostility towards pensioners and to what extent we stand to lose for no fault of ours except to have served this mighty institution with loyalty and devotion. Continue your good job of educating and enlightening us with more information and enchanting/soothing youtube videos such as " Birds in Flight".
Good Luck!
V. Gopalan
Where was the need for you to apologise for kindling unnecessary hopes in the minds of pensioners? You have judiciously published both the charts - the correct one as per SC order which is the legitimate amount receivable and the incorrect one as per LIC's own machinations to deny what is our dues. Thereby you have done a yeoman service to expose LIC's hostility towards pensioners and to what extent we stand to lose for no fault of ours except to have served this mighty institution with loyalty and devotion. Continue your good job of educating and enlightening us with more information and enchanting/soothing youtube videos such as " Birds in Flight".
Good Luck!
V. Gopalan
Tuesday, 29 March 2016
YOUR VOICE =Hearing on 30th march
Dear Sahni,
Every time we loose opportunity to present our case in detail. It
is time to make a prayer to allow at least 2 hours exclusively to
present our case. I feel the bench has not got the full details of the case including the all evasive ways of LIC AND GOI to prolong the case without seeing the end. Please carry this message to our counsels.
S Meenakshisundaram
Pensioner (2000) Madurai
Saturday, 19 March 2016
YOUR VOICE Re: OUR CASE IN SC ON 17.03.2016
Dear SRI Asthana,
I have seen detailed mail to SRI Rao.The matter is quite clear and I fully agree with what you have mentioned therein.
We should concentrate on 100% with out wasting time on other trivial matters, particularly, when Bench seems to be in our favour.
Thanks,
Friday, 18 March 2016
YOUR VOICE
Dear Shri Sahniji
Namaskar
First of all, let me introduce myself . Sir, I
am ABDUL AZIZ RAWANI, resident of RAIPUR ( CHHATTISGARH). I retired from
STC, LIC, Raipur as a Faculty member in the Cadre of DM. I know you
as PENSIONER's VOICE and SOUND TRACK Editor. I got your E-mail id from
this Forum only.
I have been regularly visiting your above FORUM
since last few days and I appreciate your Devotion , Promptness ,
Accuracy and Way of Presenting in the FORUM and your involvement and
Hard Labour for nice Editing. I am particularly impressed with your
"Pension Anomaly Chart as on 31/01/2016 Post Wage Revision in LIC ",
prepared in Excel Sheet . Sahniji, you are doing a very Good Job for the
Benefit of Our Retired community, for which you deserve due
appreciation from all of us.
Dear Sahniji, please don't mind, I am giving you
some trouble. I am confident that you are the proper person to guide me
for correct way of Calculating and arriving at my Basic Pension. In
fact, there is a matter of interpretation of Pension Rules involved in
it, which, as an Expert in dealing such matters, you must be able to
interpret. Moreover, it will give rise to huge financial loss, if not
interpreted properly by the concerned official, while fixing Basic
Pension of a person falling under such a Group like mine. In fact, till
now, no Arrears have been paid in our Division to any Post 01/08/2012
Retirees and as informed by Divisional Office,they have referred to
Zonal Office.
Sahni Sir, As per Pension rules, Last 10 Months
Average Pay has to be calculated. I retired on 31/01/2013. As such, I
have to take into account my Basic pay and FPA from April 2012 to
January 2013.
Here, I may add that my Basic in the DM's
Cadre was fixed in the Maximum of the Scale on 14/06/2006 i.e from the
date of my taking over as DM, because I had already drawn all the
Stagnation Increments in the Cadre of ADM. Again Since, I reached
Maximum of DM 's Scale FPA was continued to be paid to me even after
promotion, which I was drawing in ADM's cadre also at AO 's applicable
rate, because of my Cadre being AO's as on 01/11/1993. In nutshell I
want to say there is no change in my Basic and FPA in the pre-revised
Scale for the Last Ten Months prior to date of my retirement.
Sir, the period of Ten Months prior to
Retirement falls in Two Categories. First Four months period falls
under pre-revised regime and Last Six Months fall under the regime of
Revised Pay Scales. Now, if we proceed to take the Average on the basis
of Old and New, there will be huge difference in Calculation of Basic
Pension. Earlier, while basic pension was calculated on my Retirement
Date based on pre revised scales, Last Month's Basic+ FPA was exactly
equal to Average of Basic+FPA for last Ten Months.
Kindly have a look and let me know what
should be the correct Interpretation. I am sure the Revision of Pay
Scales are done not to penalize and in fact in revision is mainly Merger
of Basic and DA and Fixation of Salary is done on the Basis of Basic as
on the date of Revision and for calculation of Basic Pension taking old
Basic for some period will amount to heavy Reduction of Basic
Pension,so arrived at , when compared to Basic Pension calculated on
the basis of last Month's Figure alone . This reduced Figure of basic
pension, so arrived at will affect a lot, while calculating Commuted
Value.
I think you have followed me what I
want to convey. If , you desire I can furnish exact Salary particulars
to you. I know, you must be busy now a days. Please take your time to
study this matter, because it is going to affect all, who retired after
01/08/2012 before completing Ten Month's period i.e between 01/08/2012
to 31/05/2013. I do not know whether there is a clarification from CO on
this matter, which is going to create another ANOMALY, if not properly
interpreted and Idon't find any Logic behind taking TEN MONTH's Average
for this purpose.
I would be happy to know more about you .
Thanks
Yours Faithfully
A.A. Rawani
94242-07502
Sunday, 21 February 2016
YOUR VOICE
Dear Shri Sahni ji
Thanks for sending the detailed calculations for arrears of wage
revision, difference of Gratuity,CV and leave encashment payments. And
above all Revised pension calculations. When I checked the old payment
of leave encashment with your calculation, there was slight difference
due to DA not taken for the last salary paid through an oversight.SDM(Retired),
Panchkula
Saturday, 20 February 2016
YOUR VOICE
Dear Friends,
The big show at the Apex Court is to commence within days, instead of a month and odd.
We have become accustomed …
The big show at the Apex Court is to commence within days, instead of a month and odd.
We have become accustomed …
Mp Subramanian
Tuesday, 5 January 2016
Sunday, 27 December 2015
Friday, 18 December 2015
Friday, 11 December 2015
Friday, 4 December 2015
PENSIONERS VIEWS
After going through the posts and counter posts of all our veterans, I
understand that there appears no consensus either on the stand of
defense or on the subject matter. The hon'ble Supreme Court weighs all
the prepositions submitted by both the parties and then will arrive
at a decision. Adjourning the matters from to time to time should be
tolerated with all sense. Not objecting to adjournment may be
considered as lapse on our part but that does mean that our legal
representatives failed or attempting to do something against our
interests..At times it so happens. Let us wait and see what would happen
in the third week of January 2016.
--
--
Vithal Rao. Munagavalasa
ADM (retired)
Tuesday, 1 December 2015
Nov 29 2015, 8:09 AMMonday, 12 October 2015
Sunday, 11 October 2015
Best wishes
You
deserve kudos for treating us with useful articles,jokes information
etc.
Really I appreciate your blog for not giving space for abusive
language and personal vendetta.
May god give you enough strength and a
long life to carry on the fine yeoman service you are rendering to the
pensioners fraternity.
Wishing you and the readers of your blog a very
happy Navarathri fortnight.
With regards
K.S.Raman
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