Conditional Text is showing always in the template irrespective to the condition

I am using the below IF condition to shown some conditional text

C = <?if@inlines:ACSLateRetirementFlag!='Y'?>

EC = <?end if@inlines?>

Text to be displayed on condition basis -

If required forms and documentation are not received by the Verizon Benefits Center by ACSFormattedExpirationDate, your pension request will expire, and you will need to restart the pension commencement process Cand request a new Pension Commencement Date.EC To do this, Cgo to BenefitsConnection at www.verizon.com/benefitsconnection or ECcall the Verizon Benefits Center at 1-855-4Vz-Bens (1-855-489-2367). 

If you have questions about your pension commencement package,