Section 5 in The Life Insurance Corporation Of India Class III And Class IV Employees (Promotions) Rules, 1987
5. Final selection for promotion
:- The ranking list of the candidates in the order of merit based on marks gained on (i) seniority; (ii) Qualification; (iii) work record and (iv) interview will be published by the Promoting Authority. The ranking list will contain first the number of candidates equal to the number of vacancies declared and named as 'Selected for Promotion' and thereafter 20% of the above and named as Contingency List :Where more than one candidate secures the same marks, the merit for ranking list will be decided on the basis of inter se seniority with reference to the date of entry into the competing cadre; where this is also the same, inter se seniority with reference to the entry into the service will be the basis and where still it is the same, the inter se seniority with reference to the date of birth will be the basis.No employee placed in the ranking list of future contingency will have a right to claim promotion. The contingency list shall remain valid for a period of one year from the date of its publication.The name of an employee appearing in the ranking list shall be struck if he seeks and is allowed transfer to another zone of selection before his promotion has been actually effected. He will have to compete for his promotion afresh in the new zone of selection.No employee has a right to reject the offer of the promotion. However, if an employee does not accept the offer for any reason, his name shall be brought down to the top of the contingency list after the first employee of the contingency list is offered promotion. Similarly if more than one employee do not accept the offer, their names shall be brought down to the top of the contingency list in the order of their ranking after the same number of employees in the contingency list are offered promotion.Posts shall be reserved for employees belonging to the Scheduled Castes and the Scheduled Tribes which shall be filled up by the employees of the same group. If total vacancies of this group is not filled up in any year, the balance of vacancies shall be forwarded to next year. The total number of vacancies in this group shall be decided in accordance with the orders issued by the Central Government from time to time.Promotion Policy of Class II Employees, (Development Officers)The eligibility for promotion from the post of Development Officer to the cadre of Assistant Administrative Officer (Sales) is 5 years of service and the performance report. As per vacancies available in the cadre of A.A.O. (S), the Development Officers, on the basis of merit based on their performance, are called for interview.Promotion Policy of Class I OfficersThe promotion of Assistant Administrative Officer to the rank of Administrative Officer and so on is based on work record only. The number of candidates to be promoted will be finalized according to available vacancies on each rank.No test or interview is made.
