My letter to the Chairman of LIC for arrears' payment

Dt.20^th November 2010

To,

The Chairman

L.I.C. of India

Yogakshem Bldg.,  J.B.Marg

Mumbai-21

Respected Sir,

              Reg. Payment of Arrears and Difference in Retirement Benefits.

Ref. Wage Revision Notification dt.11-10-10 , my appeal letter to the ED(P) dt.20-10-10

        and my e-mails dt. 20-10-10,26-10-10, 01-11-10,08-11-10, 13-11-10,16-11-10 and   20-11-10

  I, the undersigned, resigned as an Assistant Administrative Officer from the service of the Corporation on 02-07-2010.

         I have been given to understand that the provisions of the Wage Revision Notification dt. 08-10-2010, state that officers whose resignations have been accepted up to this date, from the date of notification, will not be eligible to receive the benefits of wage revision; hence I am not eligible for arrears’ payment.

         In my opinion, I am entitled to receive the difference in wages  w.e.f. 01-08-2007, i.e. the effective date of wage revision  up to  02-07-2010, my last date in service;  as the wage revision is  with retrospective effect and  wage is a basic right of employment. I was in service during this  period.

         Kindly note that I’ve always been a very sincere and dedicated employee of the Corporation and even after my resignation, I have not joined service of any private insurance company, out of a sense of deep-rooted loyalty to the Life Insurance Corporation of India.

      As referred above, all my communication to LIC of India, from the first letter sent through Speed post to the Executive Director (Personnel) and my subsequent e-mails have been ignored. I am yet awaiting a written acknowledgement of this correspondence.

      I’d like to draw your attention to the fact that LIC has substantially benefited by savings to its Wage Bill, by my resignation, to the tune of more than a crore of rupees, taking into consideration that I had 18 years of service left up to actual retirement age, in the Class  I Cadre. Hence the amount payable to me on account of arrears and difference in retirement benefits payable to me is miniscule.

         In the light of the above-mentioned facts, I request you to inform me in writing, about the decision to pay me the arrears as well as the difference payable to me; (on account of the wage revision) of the retirement benefits which have been paid to me.

         I request you to do the needful at the earliest, after considering my request favorably.

               Thanking you,

                                                                                   Yours sincerely,

                                                                                                 Mrs.Priya R.Swaminathan

P.S. * My S.R.No. was  441595 and I was working in 953, Camp Branch, Pune D.O.1 when I resigned.