Thursday 27 September 2018

LIC will ensure everything except paying dues to its resigning ex-employees!

     I just finished reading a report in The Times of India. It is titled 'LIC, SBI'S stakes in IL&FS to rise after Rs.4,500 cr. Rights issue'
     It is subtitled as 'PSU Fin giants set to provide liquidity to stave off crisis'

     I especially read with interest, the paragraph which contained the following lines:

'Earlier on Monday, LIC chairman V.K.Sharma had said that the corporation would ensure that the IL&FS does not collapse.'

     We, the resigning ex-employees,  would like to urgently remind the Chairman of LIC about his responsibility towards us too! We have sincerely worked hard for the Corporation and left for personal reasons, but have been unjustly deprived of our Wage Revision Arrears and difference in retirement benefits,  despite a Supreme Court verdict declaring the controversial Clause 3 1 b to be 'ultra vires', in 2007.
     This injustice has been continuing since 1997, that is more than 2 decades!

      Please show similar concern towards the Corporation's beleaguered ex-employees too, who have contributed towards the Corporation's progress and prosperity, due to which LIC can fund and support loss-making enterprises and bolster the economy!

      WE URGE THE GOVERNMENT WHICH ESPOUSES WORTHY CAUSES, TO  ENSURE OUR WELL-BEING TOO;  AND PREVENT US AND OUR FAMILIES FROM COLLAPSING!


Is LIC really trending with times?

     The latest ad by LIC on the occasion of LIC day, the 1st of September,  this year, proclaimed grandly that LIC is trending with times.
     We, the resigning ex-employees, unjustly deprived of our rightful dues since 2 decades, despite a Supreme Court verdict in our cause's favour; beg to differ!
      With its regressive HR practices, LIC's ad's title should probably be rewritten as:
      'LIC  - Trending with medieval times!'