* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

               
                                   

Friday, August 29, 2014

LIC Chairman on wage talks

Is the 10.5% wage rise proposed by Chairman includes 
corresponding revision of pension(after upgradation) or 
excludes it? 

A clarification needs to be sought from LIC Chairman by 
all retired employees' Associations/Federations in the 
context that three High Court judgments are binding on 
LIC to provide for upgradation of pension for pre-Aug 2007 
pensioners pensioners.

It is high time that LIC Management invited Pensioner Bodies'
representatives for talks before arriving at any wage revision
decision in the present context.



Kind regards.
C H Mahadevan