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Equal Dearness Allowance sought

Staff Reporter

MADURAI: The Retired Insurance Employees' Association has called upon the Life Insurance Corporation of India to give equal rates of Dearness Allowance to all retirees and not to discriminate between those who retired before and after August 1997.

This was among the several resolutions passed during the Association's special general body meeting held here on Sunday.

Addressing the meeting, R.B. Kishore, vice-president, All India Retired Insurance Employees' Federation, said that the pension amount had not been revised since the pension scheme was introduced around 15 years back during 1995.

He also recalled that the Jaipur Bench of Rajasthan High Court had rules in favour of retirees in a judgement declared around 12 years back.

However, LIC had appealed against this verdict to a Full Bench. Criticising this move of the LIC, Mr. Kishore said that LIC should drop its appeal and implement the verdict. Writ petitions on this issue had also been fled before the High Courts of New Delhi, Allahabad besides Ahmedabad, he added.

G.V.S. Mani, vice president, Retired Insurance Employees' Association, Chennai said that organisations for retired insurance employees should press these issues vigorously. M.P. Subrahmanian, chairman of the association, V. Chockalingam, vice chairman, B. Angurajan, president, and V. Karunaianandan, general secretary took part.

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