Section 6(2) in Life Insurance Corporation of India Class III and Class IV Employees (Revision of Terms and Conditions of Service) Rules, 1985
(2)In addition to the scales of pay specified in sub-rule(1). -(a)following categories of employees shall receive special allowance to the extent specified below, which shall count as a basic pay for all purposes:Head Peons, Liftmen and Watchmen - Rs.985/- per month.(b)franking Machine Operators in the scale of Sepoy shall be paid a Functional Allowance of Rs.120/- per month.]
