X. The monthly remuneration received by its officers and employees including the system of compensation as provided in its regulations:

The remuneration received by each of its Officers and employees is available (click here for details)

The system of compensation is governed by following rules and regulations (Click here for details)
a. Pay scale of Chairman & Managing Directors.
b. LIC of India Class- 1 Officers(Revision of Terms & Conditions of service)Rules,1985.
c. LIC of India Class –III & CLASS –IV Employees(Revision of certain Terms and Conditions of service) Rules, 1985.
d. Wage Revision Amendment Rules Notification dated 14.01.2016.
e. LIC of India(Employees)Pension Rules,1995
f. LIC of India(Regulation of Superannuation)Rules,1987.
g. LIC of India Development Officers(Revision of Certain Terms and Conditions of Service Rules)1986
h. LIC of India Development Officers(Revision of Certain Terms and Conditions of Service Rules)1989
i. LIC of India Development Officers(Revision of Certain Terms and Conditions of Service Rules)2009
j. LIC of India Development Officers(Revision of Certain Terms and Conditions of Service Rules)2016
k. LIC of India CL III Employees(Spl allowance for passing examination) Rules, 1988
l. LIC of India (Spl allowance for In-House development of actuarial capability) Rule,2002.
m. LIC OF India Information Technology Specialist Group(Selection terms and conditions of service and payment of Allowance) Rules,2007.
n. LIC of India Class –III & CLASS –IV Employees (Payment of Kit Allowance) rules 1988
o. LIC of India(Daily Allowance & Hotel Charges to employees on tour) Rules,1989.
p. LIC of India(Special Area Allowance)Rules,1989
q. Scheme of Ex-gratia Relief to surviving spouse of pre 01.01.1986 retirees & employees died while in service prior to 01.01.1986.
r. DCPS Rules 2010