Yesterday, I read a newspaper item in which it was reported that teachers of private schools will get Gratuity which had not been paid to them on retirement, w.r.t to those who had retired in 1997. They will get all their dues retrospectively from 1997 till date with interest as per current rates.
Private school teachers to get gratuity with effect from 1997
Instantly I realized that the case of us resigning ex-employees of L.I.C of India is similar to that of those teachers!
We are now very hopeful that there is light at the end of the tunnel for us. Even L.I.C started illegally and arbitrarily repudiating the wage revision arrears' payment; as well as forfeited all difference in Statutory Benefits like Gratuity and Provident Fund, w.r.t us resigning ex-employees from 1997.
The Supreme Court's judgments to pay these payments falls on L.I.C's deaf ears, every Charter!
As the wise old adage goes: We can wake up those who are sleeping, but not those who are pretending to sleep!
Let's all unite and wake up the sleeping giant and hope that realization about its cruel acts dawns on L.I.C of India as well as the Government that is a willing party to this deprivation of our Constitutional Rights.
The Managing Board of Directors takes this same illegal decision of repudiation in every Charter since 1997 and the Finance Ministry blindly ratifies it, in utter, wilful 'Contempt of Court' manner.
In 2007, the Supreme Court had declared the Clause 3B ii as Ultra Vires!
That Clause was the one that mentioned about repudiation of wage revision arrears to the resigning ex-employees. The judgment of the Supreme Court clearly states that this decision is "over reach" of the Chairman of L.I.C of India. Do read the said judgment on this blog.
We publicly appeal fervently to the Supreme Court to be a harbinger of justice and equality for us as well.
It must immediately order L.I.C of India as well as all public sector insurance companies where this same scenario exists, to pay us our dues with interest as per current, cumulative interest rates.
Let this Azaadi ka Amrit Mahotsav be true Azaadi for us as well.
Freedom from Injustice!
SATYAMEVA JAYATE!
