LIC's Height of Impudence! And Height of Government's Apathy!

 Source: https://www.staffnews.in/2021/04/lic-of-india-class-i-officers-revision-of-terms-and-conditions-of-service-amendment-rules-2021.html

LIC of India Class I Officers’ (Revision of Terms and Conditions of Service) Amendment Rules, 2021

MINISTRY OF FINANCE
(Department of Financial Services)

NOTIFICATION
New Delhi, the 15th April, 2021

G.S.R. 268(E).-In exercise of the powers conferred by section 48 of the Life Insurance Corporation Act, 1956 (31 of 1956), the Central Government hereby makes the following rules further to amend the Life Insurance Corporation of India Class I Officers ‘ (Revision of Terms and Conditions of Service) Rules, 1985, namely:-

1. (1) These rules may be called the Life Insurance Corporation of India Class I Officers’ (Revision of Terms and Conditions of Service) Amendment Rules, 2021.

(2) They shall be deemed to have come into force on the 1st day of August, 2017.

(3) These rules shall be applicable to those Class I Officers who were in the whole-time salaried service in the permanent establishment of the Corporation on or after the 1st August, 2017:

Provided that where any Class I Officer gives a notice in writing to the Corporation, within a period as specified by the Corporation, expressing his option to be governed by the provisions of these rules with effect from a date which is not earlier than 1st August, 2017 and not later than the date of publication of this notification in the Official Gazette, then the Corporation may, by order, permit such Officer to be governed by these rules with effect from the said date and no arrears for the period prior to the date so opted shall be payable to such officer:

Provided further that an officer whose resignation had been accepted or whose services had been terminated under rule 39 of Life Insurance Corporation of India (Staff) Rules, 1960 during the period from 1st August, 2017 to the date of publication of this notification in the Official Gazette, shall not be eligible for the arrears on account of revision under these rules.

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Even after apprising both, the Hon'ble Prime Minister of India and Finance Minister of India, about LIC of India's illegal and unconstitutional actions whereby the Corporation openly loots its resigning ex-employees' wage revision arrears and other allied benefits like difference in Statutory Retirement Benefits viz. Provident Fund and Gratuity; it's shocking to note how brazenly the Corporation continues with its misdeeds. The evidence is the latest Charter of 2021, as posted above. 

The same Clause 3 which has been declared as 'ultra vires' by the Supreme Court has been included here again. The Corporation thinks that it can hoodwink everyone by just removing the alphabet B/b or numerical ii) from Clause 3. Does it think that all of us (including the Hon'ble SC) are morons? The wordings are the same and even a child can see through the Corporation's evil intentions! 

We request the Hon'ble Supreme Court to pull up everyone involved in this sordid saga that has been continuing for nearly three decades. A clear case of 'Contempt of Court'. For the uninformed, the Corporation has been repudiating the resigning, ex-employees' arrears and other allied dues since 1st August, 1997, through the same Clause 3.

Obviously, the Government lacks the will to set things straight. Strange, considering how the Hon'ble Prime Minister keeps repeating "Modi Ki Guarantee" for solving every problematic issue in this country, but doesn't guarantee reimbursement of our dues with interest! His 'magic wand' doesn't consider our long-pending issue as worthy of a swish (over)!

But no worries! We have God's Supreme Guarantee which will eventually turn the tide in our favour.

                                                             SATYAMEVA JAYATE!