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Wednesday 25 November 2015

LIC WAGE REVISION-NOTIFICATION BY MID DECEMBER,2015

Zonal council meeting held at Rishikesh on 24 nov2015 under the leadership of our all India G.S Sh.S Rajkumar.
Notification date may be mid of Dec.He told that in core area issue there may be some changes in HRA,CCA, Conveyance allowance and Span of increment may be little bit increase .In non core area issues the following changes may come
LTC limit may be increase up to 4000/- and air journey may be allowed .Management agreed up to AO cadre we are insisting it to AAO cadre
Housing loan limit will increase
Transfer grant may be enhanced.
PL accumulation up to 270 days.encashment up to 240days
5 days week may be from 1Jan 2016
Boimatric attendance from 1/4/2016
There may be some changes like daily allowance and technical allowance functioning allowance etc may be reflected in this wage revision.
President

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