LIC AAO Salary 2023: Life Insurance Company of India (LIC) has updated the pay for Assistant Administrative Officer positions with the publication of LIC AAO Notification 2023 for 300 positions. Every year, lakhs of people race to take advantage of this job opportunity due in large part to the LIC AAO Salary, which attracts graduate aspirants. Every employee of LIC AAO is eligible to receive a number of benefits and allowances, which are all included in the wage.
LIC AAO Salary 2023:
The LIC AAO Salary 2023 basic pay is Rs. 53600/- per month. The LIC AAO Salary in hand 2023 includes various LIC AAO Salary and Allowances. Also, the LIC AAO Salary after Wage Revision 2023 will be more appealing.
LIC AAO Pay Scale 2023:
LIC AAO Pay Scale 2023: Rs. 53600- 2645(14) –90630– 2865(4) –102090
| LIC AAO Salary 2023 Service | Annual increment in LIC AAO Salary 2023 | LIC AAO Salary in hand 2023 |
| LIC AAO Basic Pay 2023 | - | Rs. 53600 |
| LIC AAO Basic Salary after 14 years | Rs. 2645 | Rs. 90630 |
| LIC AAO Basic Salary after 4 years | Rs. 2865 | Rs. 102090 |
LIC AAO Salary Structure:
| Basic Pay | Rs. 53,600 /- |
| Special Allowance | Rs. 4,500 /- |
| DA | Rs. 21,500 /- |
| HRA (Minimum 7%) | Rs. 3,752 /- |
| Transport Allowance | Rs. 1,960 /- |
| Gross Salary | Rs. 85,612 /- |
LIC AAO Other Allowances:
| Allowance Details of LIC AAO Salary 2023 | Amount |
| D.A.(Dearness Allowance) | 40% of the basic pay |
| H.R.A. (House Rent Allowance) | - 7%-9% of the LIC AAO basic pay
- It depends on the posting of the employee to metropolitan cities, big cities, or other places.
|
| C.C.A. (City Compensatory Allowance) | - 0%-4% of the basic pay of LIC AAO
- Depends on the Job location of the employee
|
LIC AAO Emoluments and Benefits:
- Total emoluments at the minimum of the scale inclusive of HRA, CCA, etc., wherever admissible depending upon the classification of the city will be approximately Rs. 57,000/- per month in ‘A-Class' city
- Defined Contributory Pension
- Special Allowance for passing Actuarial Examination, Gratuity, LTC
- Cash Medical Benefits
- Group Mediclaim, Group Personal Accident Insurance, Group Insurance, Vehicle Loan (2-wheeler/4 wheeler) as per rules
- Meal coupon, reimbursement towards the cost of Briefcase/leather bags, mobile handset, the supply of dailies and magazines and tea/coffee, mobile expenses, etc. as per rules
- AAO (Chartered Accountant) candidates with two years post qualification work experience are eligible for two advance increments (As of the date of eligibility).
LIC AAO Career Growth 2023
Administrative Officer
Assistant Divisional Manager
Divisional Manager
Senior Divisional Manager
Zonal Manager
LIC AAO Salary – Transfers/Postings
The details of the Transfers/Postings and Work Pressure of an Assistant Administrative Office of LIC are given below -:
- The Transfer of LIC AAO happens every 3 to 5 years
- LIC AAO are usually posted in Cities and Towns
- LIC AAO Posting can happen anywhere in India
- The Work pressure of LIC AAO is low. Especially when compared to that of a Bank PO
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