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RAJASTHAN HIGH COURT'S VERDICT ON UPDATION OF PENSION TO LIC EMPLOYEES! JAIPUR:
The Rajasthan High Court has come down heavily on the inaction of the Life Insurance Corporation ofIndia(LIC) for not adhering to its board resolution to pay equal pension to all the retirees across the country irrespective of their date of retirement. The court verdict is bound to affect thousands of retired personnel ofLICin the country.
News from Mr.Venkatesh Shriyan,(All India Banks’ Provident Fund Optees' Forum)=>> 15-01-2011:
United Forum of PF Optees Maharashtra had convened a meeting on 18th December 2010 at Mumbai to give a message to all the Banks, IBA and also the signatories of the pension settlement that PF Optees and respective forums across the country are united and are determined to fight out injustice and discrimination on PF Optees in the Pension Settlement and Joint Note on Pension signed between IBA and constituents of United Forum Banks’ Union on 27-04-2010.
Agenda for the Meeting was :
1. To take stalk of the cases filed in the matter of Pension Settlement signed on 27-04-2010.
2. To decide further course of action to strengthen the movement of PF Optees.
3. Any other matter with the permission of the Chair.