The LIC Employees Pension Rules came into effect from 11/1993 and as per Rule no. 5, LIC created Pension Fund and a Trust was created to monitor and manage the Pension Fund. However, the Pension Fund yearly balance and Pension pay out details were not available in the public domain. The Accounting Standard 2005 (AS 2005) made the disclosure of Pension Fund details compulsory in the public domain.

With the above AS 2005 coming into effect, LIC started including Pension Fund details also in their Annual Report – which is a public document. However, the Income and Expenses Statement and Balance Sheet of Pension Fund statements were not made available. Hence, the following Statement is prepared for the information of all members based on the Data available in LIC Annual Reports & obtained under RTI by Sri Santosh Bhat.

(Amounts in Crores)

AS ON

PENSION

FUND In Rs in Crores

Benefit paid (Annuit y purchas e price +

CV

paid)

CONTRIBUTIONS

INTEREST EARNED +

Actuarial Gain

Actual Pension Pay-out (obtained under RTI by Sri Santosh Bhat)

Contributi on by Employee

Additional Contributio n by LIC

31-03-2006

NO DATA IS AVAILABLE

31-03-2007

1,912-61

Not available

31-03-2008

3,272-79

978-62

978-62

1,732-78

(-)372-79

Not available

31-03-2009

5,632-93

443-13

158-83

1,993-88

650-56

Not available

31-03-2010

7,129-36

501-71

165-28

2,353-95

521-09

Not available

31-03-2011

12,698-49

637-76

444-90

5,085-98

676-01

475-94

31-03-2012

16,533-58

569-75

267-35

3,710-34

447-15

585-41

31-03-2013

21,073-09

1,514-66

268-89

3,654-34

2,110-94

688-86

31-03-2014

27,038-98

1,025-58

272-77

4,769-21

1,949-49

715-41

31-03-2015

32,578-13

1,277-96

340-37

4,037-43

2,431-91

839-42

31-03-2016

38,925-12

973-05

1,002-34

3,589-25

2,728-45

919-09

31-03-2017

45,109-52

2,307-57

526-16

4,668-51

3,297-30

1,066-92

31-03-2018

53,904-00

1,404-90

717-22

5,921-05

3,561-11

1,143-49

31-03-2019

61,111-31

2,192-45

507-44

4,319-74

4,572-58

1,345-02

31-03-2020

70,564-19

5,273-13

524-83

*7,465-24

6,735-94

1,624-69

31-03-2021

81,937-79

4,298-57

964-26

*9,106-48

5,601-43

1,808-20

31-03-2022

94,386-86

7,823-53

1,842-68

*12,342-08

6,084-46

2,410-10

31-03-2023

1,09,054-83

7,504-29

419-76

*15,707-31

7,302-70

Not obtained

31-03-2024

1,22,561-60

10,998-18

799.84

**14,982-29

8,722-82

Not obtained

31-03-2025

1,28,717-94

10,156-66

1,464-92

**5,026-93

9,821-15

Not obtained

31-03-2026

1,35,846-56

10,770-34

1,108-87

**5,812-30

10,852-51

Not obtained

NOTES :

*Includes Amotisation amount of Rs.2,224-93 Cr due to OMOP. (Total cost is Rs.11,124-66 Cr). ** Includes Amortazation amount of Rs.1,856-08 Cr / year due to FP increase to 30%. (Total Cost is Rs.11,959-20 Cr)


      BELGAVI                                   Compiled by

      09.07.2026                          C T JOSHI