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Union of India - Section

Section 4 in Life Insurance Corporation of India Class III and Class IV Employees (Revision of Terms and Conditions of Service) Rules, 1985

4. [ Scales of pay and other allowances of Class III employees] [Notified in the Gazette of India dated 05.09.2005, came in force from 01.08.2002 GSR No. 561 (E).].

- [(1) The scales of pay of Class III employees shall be as under. -
Higher Grade Assistants : Rs. 21655-1445(3)-25990-1610(15)-50140
Stenographers : Rs.18135-1030(4)-22255-1195(2)-24645-1455(3)-29010-1510(2)-32030-1610(8)-44910
Assistants, Assistants Appointed as Receiving and PayingCashiers : Rs.14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080
Projectionists and Microprocessor Operators Record Clerks : Rs.13380-475(4)-15280-745(3)-17515-840(2)-19195-850(6)-24295-915(6)-29785
(2)In addition to the scales of pay specified in sub-rule (1) the following categories of employees shall receive a special allowance to the extent specified below. -
(A)Higher Grade Assistants appointed as Internal Audit Assistants
(a) For the first five years - Rs.1080/- per month
(b) For the next five years - Rs.1230/- per month
(c) For the subsequent years - Rs.1330/- per month
(B)Assistants appointed as receiving and paying Cashiers -Rs.2500/- per month:
Provided that this allowance shall not count for the purpose of calculation of Dearness Allowance, Provident Fund, Gratuity, House Rent Allowance, Pension, Encashment of PL and it shall not count for fixation of Salary on promotion.
(3)Functional Allowance shall be paid to the following categories of Employees in Class III cadre. -
(a) Banda, Duplicating and Xerox Machine Operators in the scale ofPay of Record Clerks: - Rs.150/- per month
(b) Microprocessor Operators in the scale of Assistants: - Rs.285/- per month
(c) Programmers in the scale of pay of Higher Grade Assistants: - Rs.900/- per month
Provided that an existing Class-III employee who is in receipt of any Functional Allowance as on the 31st day of July, 2012 shall continue to draw the same so long as he is holding the post to which the Functional Allowance is attached, to be absorbed in future wage revision.] [Substituted by Notification No. G.S.R. 30 (E), dated 14.1.2016 (w.e.f. 11.4.1985).][Provided further that the Programmers in the scale of pay of Higher Grade Assistants governed by the provisions of the Life Insurance Corporation of India, Information Technology Specialist Group (Selection, terms and conditions of service and Payment of Allowance) Rules, 2007, shall not be entitled to any functional allowance.] [Notified in Gazette of India dated 25.04.2007 GSR No. 306(E).]