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Around 1 14 lakh LIC employees to get over 25% hike in their salaries

Around 1.14 lakh LIC employees to get over 25% hike in their salaries IANSApr 16, 2021, 09:27 IST IANS Life Insurance Corporation of India ( LIC) on a happy note with over 25 per cent hike in their pay packets, said a top union leader. The Central government on Thursday notified the revised pay packets for LIC employees. Advertisement The employees are happy with the wage revision that has come at a difficult situation. The pay hike for the employees is expected to be over 25 per cent per month, Shreekant Mishra, General Secretary, All India Insurance Employees Association (AIIEA) told IANS. He said a loading of 15 per cent has been given after 100 per cent neutralization of dearness allowance (DA) at 6,352 points of consumer price index (CPI).

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