Ministry Of Finance Approves Welfare Measures For LIC Agents And Employees

September 18, 2023 - PatialaPolitics

Ministry Of Finance Approves Welfare Measures For LIC Agents And Employees

This move will benefit over 13 lakh agents and more than 1 lakh regular employees.

Under these new measures, the Ministry has enhanced gratuity limit from 3 lakh rupees to 5 lakh rupees for LIC agents.

Furthermore, #familypension at a uniform rate of 30% for the welfare of the families of LIC employees has also been approved.