There is going to be a big change in Life Insurance Corporation of India (LIC), the largest insurance company in the public sector. These changes will be implemented from tomorrow.
New Delhi. There is going to be a big change in Life Insurance Corporation of India (LIC), the largest insurance company in the public sector. These changes will be implemented from tomorrow. LIC has said that from May 10, all its offices will be working five days a week (5-Days Working). Saturday has now been declared a holiday in the insurance company. The company has said in a public notice that in the notification of 15 April 2021, the Government of India has declared a public holiday for the Life Insurance Corporation of India on every Saturday. LIC has issued notice; LIC has issued this notice by issuing an official notice. Talking about new work culture, LIC office will open five days a week from May 10, from 10 am to 5.30 pm from Monday to Friday.
Can be dealt with online work
LIC offers online services to their customers. You can do all the work online on his official website https://licindia.in/. Apart from this, in view of the inconvenience of its customers in the midst of the Corona crisis, LIC has announced some relaxation in the terms related to the settlement of the claim.
will also increase in the salary of the employees.
Apart from this, the salary of LIC employees will soon be increased. The Department of Financial Services (DFS) of the Ministry of Finance has approved the salary revision bill. More than one lakh LIC employees will benefit from the wage revision bill. According to sources, the approved increase in the salary bill has been stated to be 16 percent. The report says that 15 percent loading increase has been given after dearness allowance (DA) is 100 percent ineffective.
The report states that an additional special allowance has also been introduced for LIC employees. The allowance will be considered for the purpose of DA calculation, but it will not be applicable to House Rent Allowance (HRA), City Compensatory Allowance (CSA), paid leave paid, gratuity, superannuation benefit, etc. Also, the special allowance will be between Rs 1,500-13,500 per month.
