Union of India - Act
Life Insurance Corporation of India (Staff) Regulations, 1960
UNION OF INDIA
India
India
Life Insurance Corporation of India (Staff) Regulations, 1960
Rule LIFE-INSURANCE-CORPORATION-OF-INDIA-STAFF-REGULATIONS-1960 of 1960
- Published on 23 July 1960
- Commenced on 23 July 1960
- [This is the version of this document from 23 July 1960.]
- [Note: The original publication document is not available and this content could not be verified.]
1. Short Title.
- These Regulations may be called the Life Insurance Corporation of India (Staff) Regulations, 1960.2. Application.
- They shall apply to every whole-time [salaried] [Notified in Gazette of India, Part-IV dated 18.6.1966.] employee of the Corporation [in India] [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.] unless otherwise provided by the terms of any contract, agreement or letter of appointment.Explanation: "Employee" excludes insurance agents and work-charged employees whose salaries are charged to particular property/properties or work/works. In the case of a female employee "he" and "his" are to be read as "she" and "her".3. Definitions.
- In these Regulations, unless there is anything repugnant in the subject or context:4. Power to implement Regulations.
- The Chairman may, from time to time, issue such instructions or directions as may be necessary to give effect to, and carry out, the provisions of these regulations and in order to secure effective control over the staff employed in the Corporation.Chapter - II Appointments, Probation and Termination of ServiceSection 1 - Appointments5. Classification.
- The staff of the Corporation shall be classified as follows: Class I -Officers Class II - [Development] [Notified in Gazette of India, Part-IV dated 14.4.1962.] Officers Class III -Supervisory and Clerical Staff Class IV -Subordinate Staff.6. Appointing Authority.
- Appointments including promotions shall be made by the authorities specified in this behalf in Scheduled I.7. Direct Recruitment & Promotions.
- [(1) All recruitment and promotions shall be made against the vacancies in sanctioned posts.] [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]8. Temporary Staff.
- [(1) Notwithstanding anything contained in these Regulations, a Managing Director, Executive Director (Personnel), a Zonal Manager or a Divisional Manager may employ staff in Classes III and IV on a temporary basis subject to such general or special directions as may be issued by the Chairman from time to time.] [Notified in Gazette of India, Part-III Section 4 dated 23.1.1971 and 7.8.1971.]9. Certificate of Health.
- No person shall be appointed to the service of the Corporation unless he has been certified by a qualified medical practitioner, approved by the Corporation, to be of sound constitution and medically fit to discharge his duties.10. [ Age. [Notified in Gazette of India, Extraordinary, Part-II Section 3 sub-Section (i) dated 13.12.1993 (G.S. R. No. 745).]
- The age of a person at the time of his appointment to the service of the Corporation shall not be less than 18 or more than [30 years], provided that the competent authority may relax the upper age in respect of candidates specified in Column (2) of the Table below upto the limit specified in the corresponding entry in Column (3) of the Table:]Table| SI. No. | Candidates | Age limit |
| (1) | (2) | (3) |
| 1. | The widow of an employee who dies while in service | 45 years |
| 2. | The son or unmarried daughter of an employee who dies while inservice | 30 years |
| 3. | Ex-servicemen | To the extent of the service put in the defence service asincreased by 3 years, subject to a maximum of[47 years of age] [Notified in Gazette of India, dated 23.4.1999.] |
| 4. | Physically handicapped persons | [37 years] [Notified in Gazette of India, dated 23.4.1999.] |
| 5. | Members of the Scheduled Castes/Scheduled Tribes | [35 years] [Notified in Gazette of India, Part-II section 3 sub-section (i) dated 22.5.1998.] |
| 6. [ [Notified in Gazette of India, dated 23.4.1999.] | Other Backward Communities | 33 years] |
11. Salary on Appointment.
- All first appointments shall be made on the minimum basic pay of the grade to which the appointment is made, [provided that the competent authority may authorise the grant of advance increments with reference to the circumstances in each case.] [Notified in Gazette of India, Part-IV dated 18.6.1966.]12. [ Reappointment. [Notified in Gazette of India, Extraordinary, Part-II section 3 sub-section (i) dated 13.12.1993 (G.S.R. No. 745).]
13. Commencement of Service.
- Except as otherwise provided by or under these Regulation, "service" of an employee shall be deemed to commence from the working day on which an employee reports for duty in an appointment covered by these Regulations at the place and time intimated to him by the appointing authority, provided that he reports before noon, otherwise his service shall commence from the following day.Explanation: In the case of a "transferred employee" his "service" shall be deemed to have commenced from the date on which his service commenced with the insurer.Section 2 - Probation14. Probation.
| (a) In case of employees belonging to Classes I & II. | Two years. |
| (b) In other cases. | One year. |
15. [ Temporary Service in lieu of Probation. [Notified in Gazette of India, Extraordinary, Part-II Section 3 sub-section (i) dated 13.12.1993 (G.S.R. No. 747).]
- Deleted.]16. [ Probation on Promotion. [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]
17. [ Officiating Arrangement. [Notified in Gazette of India, Part-III Section 4 dated 23.1.1971 and 7.8.1971.]
18. Determination of Service.
2. A notice given by an employee under sub-regulation (1) above shall be deemed to be proper only if he remains on duty during the period of the notice, and an employee shall not be entitled to set off any leave earned against the period of such notice.
19. Superannuation and Retirement.
- [(1) An employee belonging to Class III or Class IV and a transferred employee belonging to Class I or Class II shall retire on completion of age 60; but the competent authority may, if it is of the opinion that it is in the interest of the Corporation to do so, direct such employee to retire on completion of 55 years of age or at any time thereafter, on giving him three months' notice or salary in lieu thereof.Provided that an employee who is a member of any approved superannuation fund, as defined in clause (a) of Section 58-N of the Indian Income tax Act,1922 and which has been recognised and allowed to be continued by the Corporation, shall be permitted upon request to retire before the date of retirement specified in this sub-regulation either (a) on completion of 25 years of service or (b) on completion of 20 years of service, provided he has reached age 50 or (c) on completion of 20 years of service if he is incapacitated for further active service. (see note)] [Notified in Gazette of India, Part-III Section 4 dated 21.1.1977.]2. [ Notwithstanding anything contained in sub-regulation (1) and (2) above, the appointing authority may direct an employee to avail of the full privilege leave to his credit before the date of his retirement as prescribed in the said sub-regulations.] [Notified in Gazette of India, Part-III Section 4 dated 10.5.1980.]
3. [ In forming the opinion as aforesaid the competent authority shall have regard to the recommendations of a committee constituted for the purpose and consisting of one officer not below the rank of Zonal Manager and two officers not below the rank of Deputy Zonal Manager/Senior Divisional Manager in respect of employees belonging to Class II, III, IV and employees in the cadres of Assistant.
Administrative Officer/Asstt. Branch Manager and Administrative Officer/Branch Manager or equivalent cadres, and in respect of other employees by a committee consisting of three officers not below the rank of officers specified for a committee under sub-regulation (2) of Regulation 7, as appropriate to the cadre to which the employee belongs". (see note on next page)] [Notified in Gazette of India, Part-II Section 3 Sub-Section (i) dated 13.12.1993.]20. Scope of an Employee's Service.
- Unless in any case it be otherwise distinctly provided, the whole time of an employee shall be at the disposal of the Corporation and he shall serve the Corporation in its business in such capacity and at such place as he may, from time to time, be directed.21. Liability to abide by the Regulations.
- Every employee of the Corporation shall at all times maintain absolute integrity and devotion to duty, shall conform to and abide by these Regulations and shall observe, comply with and obey all orders and directions which may, from time to time, be given to him in the course of his official duties by any person or persons under whose jurisdiction, superintendence or control he may, for the time being, be placed.22. Obligation to maintain Secrecy.
- No employee shall, while in service or after his retirement, resignation or discharge, except in accordance with any general or special order of his superior officers or Corporation or in performance, in good faith, of the duties assigned to him, communicate directly or indirectly any official documents or information to any employee or any other persons to whom he is not authorised to communicate such document or information.23. Evidence before Committee or any other Authority.
24. Employees to promote the Corporation's interest.
- Every employee shall serve the Corporation honestly and faithfully and shall use his utmost endeavours to promote the interest of the Corporation and shall show courtesy and attention in all transactions.25. Prohibition against participation in Politics and standing for Election.
- [(1) .........................] [Deleted in pursuance to the Supreme Court decision (AIR 1331 of 1975).]25A. Participation in Demonstration.
- [No officer of the Corporation shall engage himself or participate in any demonstration which involves incitement to an offence nor shall he resort to or abet any form of strike.] [Notified in Gazette of India, Part-IV dated 11.9.1965.]26. Connection with Press and Radio.
27. Private Trading.
28. Employees not to seek outside Employment.
- No employee shall accept, solicit or seek any outside employment or office whether stipendiary or honorary, without the previous sanction of the competent authority.29. Part-time Work.
- No employee shall undertake part-time work for a private or public body or a private person or accept fee therefor without the sanction of the competent authority which shall grant sanction only in exceptional cases when it is satisfied that the work can be undertaken without detriment to his official duties and responsibilities. The competent authority may, in cases in which it thinks fit to grant such sanction, stipulate that any fees received by the employee for undertaking the work shall be paid, in whole or part to the Corporation.[Provided that no employee of the Corporation shall be permitted to act as an insurance agent and no employee shall allow his/her spouse and dependent children or dependent step-children, whether residing with him/her or not, to act as an insurance agent.] [Notified in Gazette of India, Part-II Section 3 dated 13.05.2010 (GSR No. 401(E)).]30. Employees not to be Absent from Duty without permission or be Late in Attendance.
31. Absence from Station.
- No employee shall absent himself from his station overnight, except on duty, without the prior sanction of the competent authority.32. Acceptance of Gifts.
33. Speculation in Stocks, Shares, etc.
34. Restrictions on Borrowing and Investments.
35. Employees in Debt.
- An employee shall so manage his private affairs as to avoid habitual indebtedness or insolvency. An employee who is in debt shall furnish to the competent authority a signed statement of his position half-yearly on the 30th June and 31st December, and shall indicate in the statement the steps he is taking to rectify his position. An employee who makes a false statement under this regulation or who fails to submit the prescribed statement or appears unable to liquidate his debts within a reasonable time or applies for the protection of an insolvency court shall be liable to [disciplinary action.] [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]Explanation: 1. For the purpose of this regulation an employee shall be deemed to be in debt if his total liabilities exclusive of those which are fully secured or those taken from the Employees' Co-operative Credit Society exceed his salary for 6 months.2. An employee shall be deemed to be unable to liquidate his debts within a reasonable time if it appears, having regard to his personal resources and unavoidable current expenses, that he will not cease to be in debt within a period of three years.
35A. [Filing Of Returns Of Property. [Notified in Gazette of India, Extraordinary, Part-II Section 3 sub-section (i) dated 19.9.1995 (G.S.R. No. 644E)]
36. Suspension.
37. [ Subsistence Allowance. [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]
- An employee under suspension shall be entitled to subsistence allowance as specified hereunder:38. Treatment of the Period of Suspension.
- When the suspension of an employee is held to be unjustified or not wholly justified; or when an employee who has been dismissed, removed or suspended is reinstated, the disciplinary, appellate, or reviewing authority, as the case may be whose decision shall be final, [under these regulations] [Notified in Gazette of India, Extraordinary, Part-II Section 3 Sub-Section (i) dated 13.12.1993.] may grant to him for the period of his absence from duty -39. Penalties.
2. All communications under this regulation and copies of orders passed thereunder may be delivered personally to the employee if he is attending office; otherwise they shall be sent by registered post to the address noted in the service record. Where such communications or copies of orders cannot be served on him personally or by registered post, copies thereof shall be affixed on the notice board of the office in which the employee is employed, and on such affixing such communications and orders shall be deemed to have been properly served on him.] [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]
40. [ Right of Appeal. [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]
- Every employee shall have a right of appeal to the appellate authority specified in Schedule I against an order imposing upon him any of the penalties specified under Regulation 39. An appeal against an order of suspension passed under Regulation 36 shall lie to the authority to which the authority which made or is deemed to have made the order of suspension is immediately subordinate. Notwithstanding anything contained in this regulation and subject to the provisions of the Life Insurance Corporation Act, Rules and Regulation no appeal [to the Corporation] shall lie against an order made by the Corporation under Regulation 36 or Regulation 39.]41. Period of Limitation for Appeals.
- No appeal under this chapter shall be entertained unless it is submitted within a period of three months from the date on which the appellant receives a copy of the order appealed against.Provided that the appellate authority may entertain the appeal after the expiry of the said period if it is satisfied that the appellant had sufficient cause for not submitting the appeal in time.42. Form and Contents of Appeal.
43. Submission of Appeals.
- Every appeal shall be submitted through the authority which made the order appealed against.Provided further that a copy of the appeal may be submitted direct to the appellate authority.44. Withholding of Appeals.
45. Transmission of Appeals.
46. Consideration of Appeals.
47. Appeals against other Orders.
48. Review.
49. [ Memorial. [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]
- An employee whose appeal under these Regulations has been rejected by the appellate authority subordinate to the Chairman, or in whose case such appellate authority has enhanced the penalty either on appeal under Regulation 40 or on review under Regulation 48(2) may address a memorial to the Chairman in respect of that matter within a period of 6 months from the date the appellant received a copy of the order of such appellate authority.]50. Canvassing non-official or outside Influence.
51. [ Scales of Pay. [Notified in Gazette of India, Part-III Section 3 dated 22.6.2000.]
52. Commencement and Cessation.
53. Employees on Transfer.
- When an employee is transferred from one post to another, he shall, during any interval of duty between the date of his handing over charge of the old post and the date of his taking over charge of the new post, draw the salary and allowances [of the old post] [Notified in Gazette of India, Part-III Section 4 dated 22.4.1976.].Explanation: When an employee is transferred from a post in India to a post in a foreign territory or from a post in one foreign territory to a post in another foreign territory, he shall start drawing the salary of the new post from the date of embarkation to the new territory and shall cease to draw from that date the allowances attached to the old post. On retransfer to India such employee shall cease to draw salary and other allowances admissible to him on service overseas from the date of disembarkation in India and shall begin to draw from that date the salary and allowances of the post in India.54. Admissibility of Compensatory Allowance.
55. Overtime.
- Notwithstanding the fact that the whole time of an employee is at the disposal of the Corporation, the Corporation may [sanction overtime payments] [Notified in Gazette of India, Part-III Section 4 dated 22.4.1976.] to an employee belonging to Class III or Class IV who is required to work on Sundays or holidays or to put in extra hours on week days in connection with the Corporation's work, subject to the provisions of the local enactments.56. Increment.
2. Where an employee on appointment to the service of the Corporation or on appointment to a higher post joins in the forenoon of the first working day of a month, he shall be deemed to have joined on the first of the month for the purpose of this regulation.
57. [ Refixation of Salary. [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]
2. In the case of officiating arrangements, the employee concerned shall draw only officiating allowance which shall be equal to the difference between the basic pay in the lower and the higher scales as determined above, provided that such officiating allowance may be reduced by the appointing authority, if the officiating arrangement is of a temporary nature and the circumstances justify it.]
58. [ Bonus. [Notified in Gazette of India, Part-III Section 4 dated 26.5.1978.]
- No employee of the Corporation shall be entitled to profit sharing bonus. However, the Corporation may, having regard to the financial condition of the Corporation in respect of any year and subject to the previous approval of the Central Government, grant non-profit sharing bonus to its employees in respect of that year at such rate as the Corporation may think fit and on such terms and conditions as it may specify as regards eligibility for such bonus.]59. Ad hoc Grants & Bonus Commission.
- The Corporation may sanction ad hoc grants where the circumstances require it. The Corporation may also sanction bonus commission to its Development Officers depending upon business. [The Corporation may also sanction merit awards and incentive payments to employees in accordance with such schemes as it may approve from time to time.] [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]59A. [ Medical Assistance Scheme. [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]
- Renumbered as 81A]Chapter - V [Holidays and Leave] [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.][60A. Holidays. - (1) All employees of the Corporation, excluding the Building Maintenance Staff such as watchmen, liftmen, sweepers and cleaners who are not transferred employees shall be entitled to those holidays which are declared by the respective State Governments/Central Government as holidays under the Negotiable Instrument Act, 1881, but excluding such holidays as are expressly declared for the purpose of enabling banks to close their account.60B. Kinds of Leave.
- Subject to the provisions of these Regulations the following kinds of leave may be granted to an employee:61. General Conditions Governing Grant of Leave.
- The following general principles shall govern the grant of leave to the employees:62. [ Casual Leave and Additional Casual Leave. [Notified in Gazette of India, Part-III, Section 4 dated 7.8.1971.]
63. Scale on which Privilege Leave is Earned.
64. Sick Leave.
- An employee shall be entitled to sick leave on medical certificate at the rate of one month for each completed year of service subject to a maximum of sixteen months throughout the service [in the Corporation] [The words 'but not exceeding 120 days' deleted vide notification dated 9.12.1988 (G.S.R. No. 1166-E)][Provided that the casual leave and the additional casual leave admissible to an employee under sub-regulation (1) and (2) of Regulation 62 and not availed of by him shall be converted into additional sick leave on full pay upto a maximum of two months or on half pay upto a maximum of four months during the entire period of his service to be availed of by him on medical certificate.Provided further that if an employee is suffering from any of the [major diseases of cancer, leprosy. T.B., paralysis, mental diseases, brain tumor, cardiac ailments or kidney diseases] [Notified in Gazette of India, Part-III, Section 4 dated 7.8.1971.] he may be allowed special sick leave on half pay for a period not exceeding six months if he has to his credit no sick leave admissible to him.]65. Extraordinary Leave.
- Extraordinary leave may be granted to an employee when no leave is due to him under these Regulations. Except in exceptional circumstances the duration of extraordinary leave shall not exceed three months on any one occasion and 12 months during the entire period of an employee's service. A competent authority may commute retrospectively periods of absence without leave into extraordinary leave.66. [ Maternity Leave. [Notified in Gazette of India, Extraordinary, Part-II Section 3 Sub-Section (i) dated 25.09.1989.]
- The competent authority may grant to a female employee maternity leave for a period which may extend upto 3 months subject to a maximum of 12 months during the entire period of an employee's service.]66A. [ Paternity Leave. [Inserted by Notification No. G.S.R. 415 (E), dated 28.4.2017 (w.e.f. 1.7.1960).]
67. Special Leave.
68. Quarantine Leave.
- Quarantine is leave of absence from duty necessitated by orders not to attend office in consequence of the presence of infectious diseases in the household of a Corporation employee. Such leave may be granted by the competent authority on the certificate of a Medical or Public Health Officer for a period not exceeding 21 days, or, in exceptional circumstances, 30 days. Any leave necessary for quarantine purposes in excess of this period shall be treated as ordinary leave. A Corporation employee on quarantine leave is not treated as absent from duty. When the employee himself is suffering from infectious disease, he shall not be entitled to quarantine leave. He shall be entitled only to privilege, sick or extraordinary leave, as the case may be.Notes: 1. The term "Medical or Public Health Officer" occurring in this regulation includes Medical Officer-in-Charge of any Government (Civil or Military) or Municipal hospital or dispensary, or a qualified medical practitioner appointed by the Corporation. In the case of a Corporation employee at whose place of duty there is no Government or Municipal hospital or dispensary, it includes the Medical Officer-in-Charge of a Government or Municipal hospital or dispensary situated nearest to his place of duty or a qualified medical practitioner appointed by the Corporation.2. Cholera, small-pox, plague, diphtheria, typhus fever and cerebro spinal meningitis may be considered as infectious disease for the purposes of this regulation. In the case of chicken-pox quarantine leave should not be sanctioned unless the Medical Officer responsible considers that because of doubt as to the true nature of the disease, for example, small-pox, there is reason for the grant of such leave. In the case of a Corporation employee stationed in areas under the administration of State Government, such other diseases as may have been declared by those Governments as infectious for the purpose of their quarantine leave rules may also be considered as infectious disease for the purpose of this regulation. Such Corporation employee will, however, be eligible for quarantine leave for any of the diseases mentioned above even though it has not been declared in orders issued by the State Government concerned to be an infectious disease.
69. Leave Salary.
70. Compensatory Allowance on Leave.
- The competent authority may [subject to such Instructions as the Chairman may issue from time to time] [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.] permit an employee on leave to draw compensatory allowance or a portion thereof in addition to leave salary if it is satisfied that the whole or considerable part of the expenses to meet which the allowance was given continued during leave.71. Joining Time.
72. Joining Time-How Calculated.
| (i) | For the portion of the journey which he travel by air-craft. | Actual time occupied in the journey. | ||
| (ii) | For the portion of the journey which he travels or mighttravel- | One day for each | ||
| By railway | 400 Kilometres | } | or any longer time actually occupied in thejourney. | |
| By Ocean steamer | 320 Kilometres | |||
| By river Steamer | 128 Kilometres | |||
| By Motor vehicle or horse drawn conveyance | 128 Kilometres | |||
| In any other way | 24 Kilometres |
73. Joining Time cannot be claimed as a Matter of Right.
- Joining time cannot be claimed as a matter of right. It may be curtailed at the discretion of the competent authority.Explanation : where the joining time is curtailed the competent authority may grant special leave, not exceeding the period of joining time curtailed, to enable an employee to go back to his previous place of duty for winding up his establishment or for any other connected purpose.74. Overstayal after Joining Time.
- An employee who does not join his post within the joining time allowed to him, except under circumstances beyond his control, shall not be entitled to any pay or leave salary after the end of the joining time. Wilful absence from duty after the expiry of joining time may be treated as a breach of these Regulations for the purpose of Regulation 39.Chapter - VI Foreign Service75. Deputation of Employees to Other Services.
76. Provident Fund.
- [(1) Every employee of the Corporation, other than an employee on probation or an employee appointed on temporary basis or an employee who is contributing to an approved Superannuation fund, shall contribute to the Provident Fund at 8-1/3 per cent of the aggregate of his [basic pay including special pay] [Notified in Gazette of India, Part-IV dated 2.3.1968 and Part-III Section 4 dated 7.8.1971.] and if he is a transferred employee, on that portion of the personal pay which shall be equal to the amount by which his [basic pay including special pay] [Notified in Gazette of India, Part-IV dated 2.3.1968 and Part-III Section 4 dated 7.8.1971.] from time to time in the Corporation falls short of his [basic pay including special pay] [Notified in Gazette of India, Part-IV dated 2.3.1968 and Part-III Section 4 dated 7.8.1971.] as on 31.8.1956. The Corporation shall contribute to the Fund every month an amount equal to the actual contribution of each member subject to a maximum of 8-1/3 per cent of the aggregate of the [basic pay including special pay] [Notified in Gazette of India, Part-IV dated 2.3.1968 and Part-III Section 4 dated 7.8.1971.] and if he is a transferred employee, on that portion of the personal pay which shall be equal to the amount by which his [basic pay including special pay] [Notified in Gazette of India, Part-IV dated 2.3.1968 and Part-III Section 4 dated 7.8.1971.] from time to time in the Corporation falls short of his [basic pay including special pay] [Notified in Gazette of India, Part-IV dated 2.3.1968 and Part-III Section 4 dated 7.8.1971.] as on 31.8.1956. A separate Trust shall be established in respect of such Fund.]Explanation : [Deleted] [Notified in Gazette of India, Part-IV dated 2.3.1968 and Part-III Section 4 dated 7.8.1971.]77. Gratuity.
78. Superannuation Fund.
79. Travelling Allowance Rules.
- Tours on official business may be sanctioned by an officer not below the rank of a Divisional Manager [or such lower authority as may be so authorised by the Chairman] [Notified in Gazette of India, Part-IV dated 18.06.1966.]. The rates of travelling allowance and halting allowance and the conditions under which they become payable shall be regulated in accordance with Schedule V.80. Transfers.
- The competent authority may transfer an employee from one department to another in the same office or from one office of the Corporation to another office.81. [ Overseas Allowance etc. [Notified in Gazette of India, Part-III Section 4 dated 23.04.1977.]
- The Corporation may grant foreign allowance, local allowance, children's education allowance and kit allowance to its employee posted abroad and provide them free furnished accommodation or grant appropriate house rent allowance and also grant them such other allowances as may be decided upon from time to time by the Corporation.] [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]81A. [ Medical Assistance Scheme. [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]
- The Corporation may grant medical benefits to its employees in accordance with such scheme or schemes as it may approve from time to time.] [Notified in Gazette of India, Part-III Section 4 dated 4.5.1974.]82. Conveyance Facilities.
- The Corporation may provide conveyance facilities to its employees and/or grant loans for the purchase of conveyances subject to the provisions of section 27A(1)(m) of the Insurance Act as applied to the Life Insurance Corporation of India.83. [ Travel Allowance for Leave etc. [Notified in Gazette of India, Part-III Section 4 dated 18.11.1972.]
84. [ Entertainment Facilities. [Notified in Gazette of India, Part-IV dated 8.1.1966.]
- The Corporation may grant such entertainment facilities to its employees belonging to Class II as may be decided by the Corporation from time to time.]85. [ Employees to furnish Address. [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.]
- Every employee shall intimate his full residential address to the office in which he is working and any change in the address previously furnished. All communications sent to the last address so intimated to the office shall be deemed to have been properly sent to him.]Relaxation:1. The Executive Committee may, in the interest of the Corporation, for reasons to be specified in its resolution, relax any of the provisions of these Regulations in individual cases.
2. The Life Insurance Corporation of India (Staff) Regulations, 1956 are hereby repealed.
Repeals:[Schedule - I] [Notified in Gazette of India, Part-III Section 4 dated 7.8.1971.](See Regulations 6, 39 & 40)Appointing, Disciplinary and Appellate Authorities| Category of employees | Appointing Authority | [Disciplinary Authority (For all Penalties)] [Corrigendum issued on 10.08.1999.] | Appellate Authority |
| (a) [Class I:] [Notified in Gazette of India Part-II Section 3 Sub-Section (i) dated 18.6.1999.] | |||
| Posts in thecadres of ZM and above and equivalent cadres | Executive Committee | Executive Committee | Corporation |
| Posts in thecadres of DZM/ Sr.DM/ DM and equivalent cadres | Chairman | Chairman | Executive Committee |
| Posts in thecadres of ADM/ Sr.BM and equivalent cadres : | Managing Director | Managing Director | Chairman |
| Posts in thecadres of BM/AO and equivalent cadres : | Executive Director(P) | Executive Director(P) | Managing Director |
| Other postsin Class-I | ZM/D(P) C(A&I) | ZM/D(P) C(A&I) | Managing Director |
| (b)Class II: | DM | DM | ZM |
| (c)Class III & IV: | |||
| Superintendents: | ZM/D(P) C(A&I) | ZM/D(P) C(A&I) | MD |
| Other employees: | DM | DM | ZM/D(P) C(A&I) |