LIC wage revision : Gazette Notification issued on 14-01-2016
LIC wage revision : Gazette Notification issued
Finally the much awaited notification released on 14th January 2016.
MINISTRY OF FINANCE
(Department of Financial Services)
(INSURANCE DIVISION)
(Department of Financial Services)
(INSURANCE DIVISION)
NOTIFICATION
New Delhi, the 14th January, 2016
G.S.R. 28(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: ─
- These rules may be called the Life Insurance Corporation of India, Class I Officers (Revision of Terms and Conditions of Service) Amendment Rules, 2016.
- Save as otherwise provided in these rules, these rules shall be deemed to have come into force on the 1st day of August, 2012.
- 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, 2012:
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 from a date not earlier than the date on which the said rules come into force 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 the said 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 the officers whose resignations 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 the 1st August, 2012 to the date of publication of this notification in the Official Gazette, shall not be eligible for the arrears on account of revision.
- In the Life Insurance Corporation of India, Class I Officers (Revision of Terms and Conditions of Service) Rules, 1985 (hereinafter referred to as the principal rules), for rule 4, the following rule shall be substituted, namely :-
“4. Scales of Pay of Class I Officers.─ The scale of pay of the Class I Officers shall be as under :
Note : A separate seniority list shall be maintained in respect of Officers appointed to posts specified in entry (ii) under various serial numbers.”.
- In rule 5 of the principal rules,─
(a) for sub-rule (1), the following sub-rule shall be substituted, namely:-
‘ (1) The scale of dearness allowance applicable to Class I Officers shall be determined as under:-
(a) Index : All India Average Consumer Price Index Number for Industrial Workers.
(b) Base : Index No.4708 in the series 1960=100.
(c) Rate : For every four points in the quarterly average of the All India Consumer Price Index above 4708 points, a Class I Officer shall be paid dearness allowance at the rate of 0.10 % of Pay.
Explanation.– For the purposes of this clause, “Pay” means the basic pay including additions to the basic pay after reaching maximum of the scale as provided under rule 4A of these rules.’;
(b) in sub-rule(2), for the figures and words “2944 points in the sequence of 2944-2948- 2952-2956”, the figures and words “4708 points in the sequence of 4708-4712-4716- 4720” shall be substituted .
- In rule 6 of the principal rules, for sub-rule (1), the following sub-rule shall be substituted, namely :-
‘(1) The House Rent Allowance applicable to Class I Officers, except those who have been allotted residential accommodation by the Corporation, shall be as under:-
Sl.
No.
| Place of Posting |
Rate of House Rent
Allowance
|
(1) | (2) | (3) |
(1)
| Cities of Mumbai, Kolkata, Chennai, New Delhi, Noida, Faridabad, Ghaziabad, Gurgaon, Navi Mumbai, Hyderabad, Bengaluru and other cities with population of 45 lakhs and above. | 10% of Pay, subject to the maximum of Rs.5320/- per month. |
(2) | Cities with population exceeding 12 lakhs, but
less than 45 lakhs and, except those mentioned at
Sl. No. (1) and any city in the State of Goa.
| 8% of Pay, subject to the
maximum of Rs. 4490/- per month .
|
(3) | Other places. | 7% of Pay.subject to the
maximum of Rs. 4320/- per month
|
Notes.─ for the purpose of this sub-rule,─
(i) the population figures shall be as per the latest Census Report;
(ii) cities shall include their urban agglomerations; and
(iii) “pay” means basic pay, additions to basic pay under Rule 4A and Fixed Personal Allowance under Rule 9A.’.
- For rule 7 of the principal rules, the following rule shall be substituted, namely:-
‘7. City Compensatory Allowance.─ The City Compensatory Allowance payable to Class I Officers shall be as under:-
Sl. No.
| Place of Posting |
Rate of City Compensatory
Allowance
|
(1) | (2) | (3) |
(i) | Cities of Mumbai, Kolkata, Chennai, New Delhi,
Noida, Faridabad, Ghaziabad, Gurgaon, Navi Mumbai, Hyderabad, Bengaluru and other cities with population of 45 lakhs and above.
| 3% of Pay, subject to the
maximum of Rs.1330/- per month.
|
(ii) | Cities with population exceeding 12 lakhs, but
less than 45 lakhs and, except those mentioned at
Sl. No. (i) and any city in the State of Goa.
| 2.5% of Pay, subject to the
maximum of Rs. 1265/- per month .
|
(iii) | Cities with population of five lakhs and above but not exceeding twelve lakhs, State Capitals with population not exceeding twelve lakhs, Chandigarh, Mohali, Pondicherry, Port Blair, and Panchkula. | 2% of Pay.subject to the maximum of Rs. 980/- per month |
Note.─for the purposes of this rule,─
(i) the population figures shall be as per the latest Census Report;
(ii) cities shall include their urban agglomerations; and
(iii) “pay” means basic pay plus additions to basic pay under rule 4A.’.
- For rule 7A of the principal rules , the following rule shall be substituted, namely :-
“7A Hill Allowance.─ The scales of Hill Allowance payable to Class I Officers shall be as follows :-
Serial
Number
| Places |
Rates
|
(1) | (2) | (3) |
1.
| Posted at placed situated at a height of 1,500
meters and over above mean sea level
| at the rate of 2.5% of
Basic Pay subject to maximum of Rs.765/- per month
|
2.
| Posted at places situated at a height of 1,000 meters and over but less than 1,500 meters above mean sea level, at Mercara and at places which are specifically declared as ‘Hill Stations’ by Central or State Governments for their employees. | at the rate of 2% of Basic Pay subject to maximum of Rs.615/- per month |
3.
| Posted at places situated at a height of not less
than 750 meters above mean sea level which are surrounded by and accessible only through hills with height of 1000 meters and over above mean sea level.
| at the rate of 2% of
Basic Pay subject to maximum of Rs.615/- per month”.
|
- In rule 7B of the principal rules, for the letters and figures “Rs. 300/-” the letters and figure “Rs500/-” shall be substituted.
- In rule 7C of the principal rules, for the letters and figures “Rs 680/-,” the letters and figure “Rs. 1130/-,” shall be substituted.
- In rule 9B of the principal rules, for the letters and figures “Rs.800/-,” the letters and figure “Rs.1330/-,” shall be substituted.
- 10. In rule 9D of the principal rules, for the letters and figures “Rs 110/-,” the letters and figure “Rs. 185/-,” shall be substituted.
[F. No. S-11012/01/2013-Ins. I]
ALOK TANDON, Jt. Secy.
EXPLANATORY MEMORANDUM
- The Central Government has accorded approval to revise the terms and conditions of service of Class I Officers of Life Insurance Corporation of India with effect from the dates specified in the notification. The Life Insurance Corporation of India Class I Officers (Revision of Terms and Conditions of Service) Rules, 1985 are being amended accordingly with effect from these dates as specified in the notification.
- It is certified that no employee of the Life Insurance Corporation of India is likely to be affected adversely by the notification being given retrospective effect.
Note .─ The principal rules were published in the Gazette of India, Extraordinary, vide notification number
G.S.R.794(E), dated the 11th October, 1985 and subsequently amended vide G.S.R.960(E), dated the
7th December, 1987; G.S.R.493(E), dated the 22nd April, 1988; G.S.R.872(E), dated the 22nd August,
1988, G.S.R.711(E), dated the 25th July, 1989; G.S.R.816(E),dated the 11th October, 1990; G.S.R.324(E),dated the 10th March, 1992; G.S.R.53(E),dated the 2nd February, 1994; G.S.R.597(E), dated the 30th June, 1995; G.S.R.94(E),dated the 16th February, 1996; G.S.R.286(E),dated the 18th July, 1996; G.S.R.530(E),dated the 27th August, 1998; G.S.R.612(E),dated the 30th August, 1999; G.S.R.550 (E),dated the 22nd June, 2000; G.S.R.287 (E), dated the 27th April,2004; G.S.R.559(E), dated the 5th September, 2005; G.S.R.305 (E),dated the 25th April,2007; G.S.R. 631 (E),dated the 2nd September, 2009; G.S.R.824(E), dated the 8th October,2010 and G.S.R.16(E), dated the 8th January,2013.
NOTIFICATION
New Delhi, the 14th January, 2016
G.S.R. 29(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 Development Officers (Revision of Terms and Conditions of Service) Rules,1986, namely:—
- (1) These rules may be called the Life Insurance Corporation of India Development Officers(Revision of Terms and Conditions of Service) Amendment Rules, 2016.
(2) Save as otherwise provided in these rules, these rules shall be deemed to have come into force on the 1st day of August, 2012.
(3) These rules shall be applicable to those Development Officers who were in the whole-time salaried service in the permanent establishment of the Corporation as on or after the 1st August,2012:
Provided that where any Development 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 from a date not earlier than the date on which the said rules come into force 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 the said rules with effect from the said date and no arrears for the period prior to the date so opted shall be payable to such Development Officer:
Provided further that the Development Officers 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 the 1st August, 2012 and the date of publication of this notification in the Official Gazette, shall not be eligible for the arrears on account of revision.
- In the Life Insurance Corporation of India Development Officers (Revision of Terms and Conditions of Service) Rules, 1986 (hereinafter referred to as the principal rules), in rule 2, for clause (e), the following clause shall be substituted, namely:-
‘(e) “Special Rules” means the Life Insurance Corporation of India Development Officers (Revision of Certain Terms and Conditions of Service) Rules, 2009’.
3. In rule 4 of the principal rules, for sub-rule (1), the following sub-rule shall be substituted, namely:- “(1) 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075;”.
4. In rule 5 of the principal rules, ─
(a) for sub-rule (1), the following sub-rule shall be substituted, namely:-
‘(1) The scale of dearness allowance applicable to Development Officers shall be determined as under:
(a) Index : All India Average Consumer Price Index Number for Industrial Workers.
(b) Base : Index No.4708 in the series 1960=100.
(c) Rate : For every four points in the quarterly average of the All India Consumer Price Index above 4708 points, a Development Officer shall be paid dearness allowance at the rate of 0.10 % of Pay.
Explanation.- For the purposes of this sub-rule, “Pay” means basic pay including additions to the basic pay after reaching maximum of the scale as provided under sub-rule (3) of rule 4.’;
(b) in sub-rule(2), for the figures and words “2944 points in the sequence of 2944-2948-2952-2956”, the figures and words “4708 points in the sequence of 4708-4712-4716-4720” shall be substituted.
- In rule 6 of the principal rules, for sub-rule (1), the following sub-rule shall be substituted, namely :-
‘(1) The House Rent Allowance of Development Officers except those who are allotted residential accommodation by the Corporation shall be as under:
Sl. No.
| Place of Posting |
Rate of House Rent Allowance
|
(1) | (2) | (3) |
(1)
| Cities of Mumbai, Kolkata, Chennai, New Delhi, Noida, Faridabad, Ghaziabad, Gurgaon, Navi Mumbai, Hyderabad, Bengaluru and other cities with population of 45 lakhs and above. | 10% of Pay, subject to the maximum of Rs.5320/- per month. |
(2) | Cities with population exceeding 12 lakhs, but less than 45 lakhs and, except those mentioned at Sl. No. (1) and any city in the State of Goa. | 8% of Pay, subject to the
maximum of Rs. 4490/- per month
.
|
(3) | Other places. | 7% of Pay, subject to the
maximum of Rs. 4320/- per month
|
Note.─for the purpose of this sub-rule,
- the population figures shall be as per the latest Census Report;
- cities shall include their urban agglomerations; and
- “pay” means basic pay, additions to basic pay and Fixed Personal Allowance.’.
- For rule 7 of the principal rules, the following rule shall be substituted, namely:-
‘7. City Compensatory Allowance.─ The City Compensatory Allowance payable to Development Officers shall be as under:─
Sl. No.
| Place of Posting |
Rate of City Compensatory
Allowance
|
(1) | (2) | (3) |
(i)
| Cities of Mumbai, Kolkata, Chennai, New Delhi, Noida,
Faridabad, Ghaziabad, Gurgaon, Navi Mumbai, Hyderabad, Bengaluru and other cities with population of 45 lakhs and above.
| 3% of Pay, subject to the
maximum of Rs.1125/- per month.
|
(ii) | Cities with population exceeding 12 lakhs, but less than 45
lakhs and, except those mentioned at Sl. No. (i) and any city in the State of Goa.
| 2.5% of Pay, subject to the
maximum of Rs. 1040/- per month
.
|
(iii) | Cities with population of five lakhs and above but not exceeding twelve lakhs, State Capitals with population not exceeding twelve lakhs, Chandigarh, Mohali, Pondicherry, Port Blair, and Panchkula. | 2% of Pay, subject to the maximum of Rs. 910/- per month |
Note.─ for the purpose of this rule,─
(i) the population figures shall be as per the latest Census Report;
(ii) cities shall include their agglomerations; and
(iii) “pay” means Basic Pay, Additions to Basic Pay.’.
- For rule 7A of the principal rules, the following rule shall be substituted, namely :-
“7A Hill Allowance.─ The scales of Hill Allowance payable to Development Officers shall be as follows :-
Serial No.
| Places |
Rates
|
(1) | (2) | (3) |
1.
| Posted at placed situated at a height of 1,500 meters and over above mean sea level | at the rate of 2.5% of Basic Pay subject to maximum of Rs.615/- per month |
2.
| Posted at places situated at a height of 1,000
meters and over but less than 1,500 meters above mean sea level, at Mercara and at places which are specifically declared as ‘Hill Stations’ by Central or State Governments for their employees.
| at the rate of 2% of Basic
Pay subject to maximum of
Rs.485/- per month
|
3.
| Posted at places situated at a height of not less than 750 meters above mean sea level which are surrounded by and accessible only through hills with height of 1000 meters and over above mean sea level. | at the rate of 2% of Basic Pay subject to maximum of Rs.485/- per month.”. |
- For rule 10 of the principal rules, the following rule shall be substituted, namely :-
“10. Equitable Relief.─ (1) Notwithstanding anything contained in sub-rule (2) or sub-rule (3) of rule
1 of the Life Insurance Corporation of India Development Officers (Revision of Terms and Conditions of service) Amendment Rules, 2016, the Corporation may, in respect of Development Officers, by instructions, provide for grant of arrears of salary for the period prior to 1st April, 2015 by way of equitable relief in the manner provided n sub-rule (2).
(2) The equitable relief paid for the period from 1st August, 2012 to 31st March, 2013, from 1st April,
2013 to 31st March, 2014 and 1st April, 2014 to 31st March, 2015 for the purpose of arriving at the annual remuneration for the purpose of appraisal year under the special rules shall be as shown below :-
(i) 30% of the equitable relief paid for the period 1st August, 2012 to 31st March, 2013 shall form part of the annual remuneration for the appraisal year commencing immediately after the date of publication of these rules and 70% of the equitable relief paid shall not be taken into account for the purpose of arriving at the annual remuneration and
(ii) 30% of the equitable relief paid for the period 1st April, 2013 to 31st March, 2014 shall form part of the annual remuneration for the appraisal year of twelve months period following the first mentioned period of twelve months and 70% of the equitable relief paid shall not be taken into account for the purpose of arriving at the annual remuneration, and
(iii) 30% of the equitable relief paid for the period 1st April, 2014 to 31st March, 2015 shall form part of the annual remuneration for the appraisal year of twelve months period following the second mentioned period of twelve months and 70% of the equitable relief paid shall not be taken into account for the purpose of arriving at the annual remuneration
Explanation .-
(1) For the removal of doubts, it is clarified that the salary relating to the financial year commencing on 1st April, 2015 shall form part of the annual remuneration in the relevant appraisal years in that financial year.
(2) The Corporation may provide by instructions issued in this behalf under sub-rule(2) of rule 51 of Life Insurance Corporation of India (Staff) Rules, 1960 for fixation of basic pay in the scales of pay as revised by these rules of persons who may have worked as Development Officers on or after 1st August, 2012 but before the date of publication of this notification in the Official Gazette, classify them according to the nature of cessation of their service as Development Officers and specify whether the payments by way of equitable relief may be allowed to any class of Development Officers at all for the period of their service as such and if so, the amount and the terms and conditions thereof :
Provided that no payment by way of equitable relief shall be allowed in respect of the class of Development Officers whose services may have been terminated under the Special Rules.
(3) Subject to the other provisions of this rule, where basic pay is fixed in accordance with this rule, the other allowances and benefits as revised by these rules shall also be payable on the basis of such fixation.”.
- In rule 10C of the principal rules, for the letters and figures “Rs 110/-,” the letters and figure “Rs. 185/-,” shall be substituted.
EXPLANATORY MEMORANDUM
[F. No. S-11012/01/2013-Ins. I]
ALOK TANDON, Jt. Secy.
(1) The Central Government has accorded approval to revise the terms and conditions of service of Development Officers of Life Insurance Corporation of India with effect from the dates specified in the notification. The Life Insurance Corporation of India Development Officers (Revision of Terms and Conditions of Service) Rules, 1986 are being amended accordingly with effect from these dates as specified in the notification.
(2) It is certified that no employee of the Life Insurance Corporation of India is likely to be affected adversely by the notification being given retrospective effect.
Note : The principal rules were published in the Gazette of India, Extraordinary vide notification number G.S.R.1091(E), dated the 17th September, 1986 and subsequently amended vide G.S.R.962(E), dated the 7th December, 1987; G.S.R.871(E), dated the 22nd August,1988; G.S.R.
968(E), dated the 7th November, 1989; G.S.R. 825(E), dated the 9th October, 1990; G.S.R. 55(E), dated the 21st January, 1992; G.S.R. 325(E), dated the 10th March, 1992; G.S.R. 54(E), dated the 2nd February, 1994; G.S.R. 596(E), dated the 30th June, 1995; G.S.R. 95(E), dated the 16th February, 1996; G.S.R. 287(E), dated the 18th July, 1996; G.S.R. 531(E), dated the 27th August, 1998; G.S.R. 551(E), dated the 22nd June, 2000; G.S.R. 288(E), dated the 27th April,2004; G.S.R. 560(E), dated the 5th September, 2005 and G.S.R.825(E), dated 8th October, 2010.
NOTIFICATION
New Delhi, the 14th January, 2016
G.S.R. 30(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 III and Class IV Employees (Revision of Terms and Conditions of Service) Rules, 1985, namely:—
- (1) These rules may be called the Life Insurance Corporation of India Class-III and Class-IV Employees (Revision of Terms and Conditions of Service) Amendment Rules, 2016.
(2) Save as otherwise provided in these rules, these rules shall be deemed to have come into force on the 1st day of August, 2012.
(3) These rules shall be applicable to those Class III and Class IV employees who were in the whole- time salaried service in the permanent establishment of the Corporation as on or after the 1st August, 2012:
Provided that where any Class-III or Class-IV employee 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 from a date not earlier than the date on which the said rules come into force and not later than the date of publication of this notification in the Official Gazette, then the Corporation may, by order, permit such employee to be governed by the said rule with effect from the said date and no arrears for the period prior to the date so opted shall be payable to such employee:
Provided further that the Class III or Class IV employees 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 the 1st August, 2012 to the date of publication of this notification in the Official Gazette shall not be eligible for the arrears on account of revision.
(4) Nothing contained in these rules shall entitle an employee to claim overtime wages higher than what he had been entitled to prior to the date of publication of this notification in the Official Gazette.
- In the Life Insurance Corporation of India Class III and Class IV Employees (Revision of Terms and
Conditions of Service) Rules, 1985 (hereinafter referred to as the principal rules), in rule 4,─
(iii) special allowance referred to in sub-rule (2)(a) of rule 6;
(iv) Graduation Allowance payable to the employees in the scale of pay of Assistants and Stenographers as provided in rule 19A; and
(v) special allowance referred to in rule 2 or rule 4 of the Life Insurance Corporation of India Class-III Employees (Special Allowance for Passing Examination) Rules, 1988.”;
(d) in sub-rule(2), for the figures and words “2944 points in the sequence of 2944-2948-2952- 2956”, the figures and words “4708 points in the sequence of 4708-4712-4716-4720” shall be substituted .
- In rule 9 of the principal rules, for sub-rule (1), the following sub-rule shall be substituted, namely:-
‘(1) The House Rent Allowance of Class III and Class IV employees except those who have been allotted residential accommodation by the Corporation, shall be as under:-
Sl. No. | Place of Posting | Rate of House Rent
Allowance
|
(1) | (2) | (3) |
(1)
| Cities of Mumbai, Kolkata, Chennai, New Delhi,
Noida, Faridabad, Ghaziabad, Gurgaon, Navi Mumbai, Hyderabad, Bengaluru and other cities with population of 45 lakhs and above.
| 10% of Pay, subject to the
minimum of Rs.1165/- per month and the maximum of Rs.5320/- per month.
|
(2) | Cities with population exceeding 12 lakhs, but less than
45 lakhs and, except those mentioned at Sl. No. (1) and any city in the State of Goa.
| 8% of Pay, subject to the
minimum of Rs. 1000/- per month and the maximum of Rs. 4490/- per month .
|
(3) | Other places. | 7% of Pay.subject to the minimum of Rs. 950/- per month and the maximum of Rs. 4320/- per month |
Note .─ for the purpose of this sub-rule,─
(i) the population figures shall be as per the latest Census Report;
(ii) cities shall include their urban agglomerations; and
(iii) “pay” means-
(a) basic pay including additions to basic pay referred to in rule 7;
(b) special allowance referred to in sub-rule(2) (a) of rule 6;
(c) graduation allowance payable in the scale of pay of Assistant and Stenographers as provided in rule 19A;
(d) special allowance referred to in rule 2 or rule 4 of the Life Insurance Corporation of India Class-III Employees (Special Allowance for Passing Examination) Rules, 1988;
(e) Fixed Personal Allowance provided under rule 19D.’.
- For rule 10 of the principal rules, the following rule shall be substituted, namely:-
‘10. City Compensatory Allowance.─The City Compensatory Allowance payable to Class III and Class IV employees shall be as under:-
Sl. No. | Place of Posting | Rate of City Compensatory
Allowance
|
(1) | (2) | (3) |
(i)
| Cities of Mumbai, Kolkata, Chennai, New Delhi, Noida,
Faridabad, Ghaziabad, Gurgaon, Navi Mumbai, Hyderabad, Bengaluru and other cities with population of
45 lakhs and above.
| 3% of Pay, subject to the
minimum of Rs. 345/- per month and the maximum of Rs. 1055/- per month.
|
(ii) | Cities with population exceeding 12 lakhs, but less than
45 lakhs and, except those mentioned at Sl. No. (i) and any city in the State of Goa.
| 2.5% of Pay, subject to the
minimum of Rs. 285/- per month and the maximum of Rs. 990/- per month .
|
(iii) | Cities with population of five lakhs and above but not
exceeding twelve lakhs, State Capitals with population not exceeding twelve lakhs, Chandigarh, Mohali, Pondicherry, Port Blair, and Panchkula.
| 2% of Pay subject to the
minimum of Rs. 210/- per month and the maximum of Rs. 850/- per month
|
Provided that where any Class III or Class IV employee is in receipt of an amount of Rs.20 per month as city compensatory allowance immediately before the first day of April, 1983, such employee shall continue to receive the said amount so long as he is posted at the same place, to be absorbed in future wage revision.
Note.─ for the purpose of this rule,─
(i) the population figures shall be as per the latest Census Report; (ii) cities shall include their urban agglomerations; and
(iii)”pay” means Basic Pay, Additions to Basic Pay under Rule 7 and Special
Allowance payable to Class IV under sub-rule(2) (a) of Rule 6.’.
- 7. For rule 11 of the principal rules, the following rule shall be substituted, namely :-
“11. Hill Allowance.─ The scales of Hill Allowance payable to Class III and Class IV employees shall be as follows :-
Serial
Number
| Places |
Rates
|
(1) | (2) | (3) |
1.
| Posted at placed situated at a height of 1,500 meters and
over above mean sea level
| at the rate of 2.5% of
Basic Pay subject to maximum of Rs.615/- per month
|
2.
| Posted at places situated at a height of 1,000 meters and over
but less than 1,500 meters above mean sea level, at Mercara and at places which are specifically declared as ‘Hill Stations’ by Central or State Governments for their employees.
| at the rate of 2% of
Basic Pay subject to maximum of Rs.485/- per month
|
3.
| Posted at places situated at a height of not less than 750
meters above mean sea level which are surrounded by and accessible only through hills with height of 1000 meters and over above mean sea level.
| at the rate of 2% of
Basic Pay subject to maximum of Rs.485/- per month”.
|
- In rule 19A of the principal rules, in sub-rule (b),─
(i) in clause (i), for the letters and figures “Rs 320/-” the letters and figures “Rs 535/-“ shall be substituted;
(ii) in clause (ii), in sub-clause (a), for the letters and figures “Rs 530/-”the letters and figures “Rs 1000/-” shall be substituted;
(iii) in clause (ii) in sub-clause (b) for the letters and figures “Rs 270/-”the letters and figures “Rs 510/-” shall be substituted;
(iv) in clause (ii), in sub-clause(c) for the letters and figures “Rs 530/-” the letters and figures “Rs 1000/-” shall be substituted;
- In rule 19E of the principal rules, for the letters and figures “Rs.275/-” the letters and figures “Rs.460/-”
shall be substituted.
- 10. In rule 19F of the principal rules, for the letters and figures “Rs 110/-” the letters and figures “Rs 185/-”
shall be substituted .
[F. No. S-11012/01/2013-Ins. I]
ALOK TANDON, Jt. Secy.
EXPLANATORY MEMORANDUM
- The Central Government has accorded approval to revise the terms and conditions of service of employees of Life Insurance Corporation of India with effect from the dates specified in the notification. The Life Insurance Corporation of India Class III and Class IV Employees (Revision of Terms and Conditions of Service) Rules, 1985 are being amended accordingly with effect from these dates as specified in the notification.
- It is certified that no employee of the Life Insurance Corporation of India is likely to be affected adversely by the notification being given retrospective effect.
Note : The principal rules were published in the Gazette of India, Extraordinary, vide notification number
G.S.R.357(E) dated the 11th April, 1985 and subsequently amended vide G.S.R.18(E), dated the 7th January, 1986; G.S.R.1076(E), dated the 11th September, 1986; G.S.R.961(E), dated the 7th December, 1987; G.S.R.870(E) and 873(E) both dated the 22nd August, 1988; G.S.R.515(E), dated the 12th May, 1989; G.S.R.509(E), dated the 24th May, 1990; G.S.R.620(E), dated the 6th July, 1990; G.S.R.628(E), dated the 10th July, 1990; G.S.R.338(E), dated the 11th July, 1991; G.S.R.697(E), dated the 25th November, 1991; G.S.R.46(E) and 47(E) both dated the 4th February, 1993; G.S.R.746(E), dated the 13th December, 1993; G.S.R.55(E), dated the 2nd February, 1994; G.S.R.595(E), dated the 30th June, 1995; G.S.R.669(E), dated the 27th September, 1995; G.S.R.96(E), dated the 16th February, 1996; G.S.R.102(E), dated the 22nd February, 1996; G.S.R.261(E), dated the 22nd May, 1998; G.S.R.532(E), dated the 27th August, 1998; G.S.R.445(E), dated the 18th June, 1999; G.S.R.611(E), dated the 30th August, 1999; G.S.R. 552(E), dated the 22nd June, 2000; G.S.R. 289(E), dated the 27th April,2004; G.S.R. 561(E), dated the 5th September, 2005; G.S.R. 306 (E), dated the 25th April,2007; G.S.R. 72 (E), dated the 6th February, 2008 and G.S.R.826 (E),dated 8th October, 2010.
NOTIFICATION
New Delhi, the 14th January, 2016
G.S.R. 31(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 to further amend the Life Insurance Corporation of India (Special Area Allowance) Rules, 1988, namely:-
- (1) These rules may be called the Life Insurance Corporation of India (Special Area Allowance) Amendment Rules, 2016.
(2) They shall be deemed to have come into force on the 1st day of August, 2012.
(3) These rules shall be applicable to all employees who were in the whole time salaried service in the permanent establishment of the Corporation as on or after the 1st August, 2012.
- In the Life Insurance Corporation of India (Special Area Allowance) Rules, 1988, in rule 2,─
(a) in second and third provisos, for the figures “2007” the figures “2012” shall be substituted;
(b) in Table in the heading under columns (2) and (3), for the letters and figures “Rs.13700” the letters and figures “Rs.26000“ shall be substituted;
[F. No. S-11012/01/2013-Ins. I]
ALOK TANDON, Jt. Secy.
EXPLANATORY MEMORANDUM
- The Central Government has accorded approval to revise the Scales of Pay of the employees of the Life Insurance Corporation of India with effect from 1st August, 2012. The Life Insurance Corporation of India (Special Area Allowance) Rules, 1988 are being amended accordingly with effect from that date.
- It is certified that no employee of the Life Insurance Corporation of India is likely to be affected adversely by the notification being given retrospective effect.
Note : The Principal rules were published in the Gazette of India, Extraordinary vide notification number G.S.R.492(E),dated the 22nd April,1988 and subsequently amended vide G.S.R.934(E), dated the 27th October, 1989; G.S.R.322(E),dated the 10th March,1992; G.S.R. 555(E), dated the 22nd June, 2000; G.S.R. 818(E), dated the 2nd November,2001; G.S.R. 562(E), dated the 5th September, 2005 and G.S.R.827(E), dated 8th October, 2010.
NOTIFICATION
New Delhi, the 14th January, 2016
G.S.R. 32(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 to further amend the Life Insurance Corporation of India Class III Employees (Special Allowance for Passing Examination) Rules, 1988, namely:—
- (1)These rules may be called the Life Insurance Corporation of India Class III Employees (Special Allowance for Passing Examination) Amendment Rules, 2016.
(2) They shall be deemed to have come into force on the 1st day of August, 2012.
(3) These rules shall be applicable to those class III employees who were in the whole-time salaried service in the permanent establishment of the Corporation as on or after the 1st August 2012:
Provided that the Class III employees, whose resignation have been accepted or whose services had been terminated under Rule 39 of Life Insurance Corporation of India (Staff) Rules, 1960 during the period from the 1st August 2012 to the date of publication of this notification in the Official Gazette, shall not be eligible for arrears on account of revision.
- In the Life Insurance Corporation of India Class III employees (Special Allowance for passing Examinations) Rules 1988, in rule 2, for the Table, the following Table shall be substituted, namely:—
“TABLE
Sr.No. | Professional/Technical Examination |
Special Allowance
|
(1) | (2) | (3) |
i | Examination of the Insurance Institute of India, Mumbai:
(a) Licentiate
(b) Associateship
(c) Fellowship
|
(a) Rs. 340/- per month. (b) Rs. 925/- per month. (c) Rs. 1585/- per month.
|
ii | Examination of the Institute of Actuaries,
London.
| Rs. 340/- per month on passing each
subject.
|
iii | Examinations of the Actuarial Society of India. | Rs. 340/- per month on passing each
subject.
|
iv | Examinations of the Institute of Chartered
Accountants of India and the Institute of Cost and Works and Accountants of India:
(a) Intermediate
(b) Final Group `A’ or `B’ (c) Final Group `A’ and `B’
|
(a) Rs.665/- per month. (b) Rs.1135/- per month. (c) Rs.1585/- per month.
|
v | Master of Business Administration of a
recognised University/ Institution.
| Rs.1585/- per month. |
vi | On passing Final Examination of the Institute of
Company Secretaries of India.
| Rs.1585/- per month”. |
[F. No. S-11012/01/2013-Ins. I]
ALOK TANDON, Jt. Secy.
EXPLANATORY MEMORANDUM
- The Central Government has accorded approval to revise the rules for payment of Special Allowance for passing certain specified examination being paid to the employees of the Life Insurance Corporation of India with effect from the 1st day of August 2012.
- It is certified that no employee of the Life Insurance Corporation of India is likely to be affected adversely by the Notification being given retrospective effect.
Note : The principal rules were published in the Gazette of India, Extraordinary vide notification number G.S.R. 491(E), dated the 22nd April 1988 and subsequently amended vide G.S.R. 516(E) dated the 12th May1989; G.S.R 621(E), dated the 6th July1990; G.S.R. 339(E), dated the11th July,1991; G.S.R. 109(E), dated the 1st March1996; G.S.R. 556(E), dated the 22nd June, 2000; G.S.R. 56(E), dated the 22nd January 2002; G.S.R. 563(E), dated the 5th September, 2005 and G.S.R. 828(E), dated the 8th October, 2010.