Ministry Of Finance Approves Welfare Measures For LIC Agents And Employees

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.