Source: http://nhrc.nic.in/Documents/Publications/Retiral%20Benefits%20as%20a%20Human%20Rigts%20NHRC%20Initatives_2014.pdf
The Handbook of the National Human Rights Commission highlights how retirement benefits are essential for the well-being of a retired employee's family. They form a part of basic human rights and shouldn't be deprived to the employees' families when they need them the most.
Several court cases are given in this handbook; the ones pertinent to insurance are also mentioned. The readers are requested to kindly peruse them carefully.
One case pertaining to Gratuity payment mentions that Gratuity is not a bounty, it must be given to the ex-employees as per the last basic pay, as per revised pay-scales, irrespective of the mode of retirement.
One only wishes that LIC's lawyers advise LIC appropriately, whenever it decides to unjustly deprive its ex-employees of their arrears' payments and retirement benefits' difference payable as per revised pay-scales. They should also keep abreast of the latest judgments on these issues and update the Management regularly. They should behave responsibly and conscientiously. One never knows when the shoe could be on the other foot!
Loyalty to the Management surely shouldn't mean bending backwards to put the ex-employees to a distinct disadvantage and forwarding the cause of LIC's injustice!
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How did LIC manage to illegally repudiate the resigning ex-employees' arrears payments and difference in retirement benefits since 1997?
Why should these ex-employees have to suffer the trauma of being deprived of their wages, a Fundamental Right? Why should they have to run from pillar to post for their basic rights? Why doesn't the Government put an end to this?
LIC is an institution with the motto 'Yogakshemam Vahamyaham'- 'Your welfare is our responsibility.'
This 'welfare' obviously does not include the resigning ex-employees' welfare - Sad but true!
Think about it!
The Handbook of the National Human Rights Commission highlights how retirement benefits are essential for the well-being of a retired employee's family. They form a part of basic human rights and shouldn't be deprived to the employees' families when they need them the most.
Several court cases are given in this handbook; the ones pertinent to insurance are also mentioned. The readers are requested to kindly peruse them carefully.
One case pertaining to Gratuity payment mentions that Gratuity is not a bounty, it must be given to the ex-employees as per the last basic pay, as per revised pay-scales, irrespective of the mode of retirement.
One only wishes that LIC's lawyers advise LIC appropriately, whenever it decides to unjustly deprive its ex-employees of their arrears' payments and retirement benefits' difference payable as per revised pay-scales. They should also keep abreast of the latest judgments on these issues and update the Management regularly. They should behave responsibly and conscientiously. One never knows when the shoe could be on the other foot!
Loyalty to the Management surely shouldn't mean bending backwards to put the ex-employees to a distinct disadvantage and forwarding the cause of LIC's injustice!
***********************************************************************************
How did LIC manage to illegally repudiate the resigning ex-employees' arrears payments and difference in retirement benefits since 1997?
Why should these ex-employees have to suffer the trauma of being deprived of their wages, a Fundamental Right? Why should they have to run from pillar to post for their basic rights? Why doesn't the Government put an end to this?
LIC is an institution with the motto 'Yogakshemam Vahamyaham'- 'Your welfare is our responsibility.'
This 'welfare' obviously does not include the resigning ex-employees' welfare - Sad but true!
Think about it!
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