LIC AAO Salary
An Assistant Administrative Officer gets the basic pay of Rs. 17,240/- He enjoys other perks and remuneration apart from the Basic Pay offered. The total amount/gross salary of an Assistant Administrative Officer thus ranges to Rs. 32,640/- which includes House Rent Allowance, Travel Allowance and Dearness Allowance. Here is the bifurcation of LIC AAO Salary Structure.
LIC AAO Basic Salary
|Initial Basic Pay of LIC AAO||Rs 17,240 per month
|Annual increment||Rs 840 for the next 14 years|
|Basic Pay after 14 years||Rs 29,000|
|Annual increment next 4 years.||Rs 910|
|Basic Pay after next 4 years||Rs 32,640|
Note- In addition to the Basic Pay, there are other allowances which are calculated as a percentage of the Basic Pay based on the location of posting. The total LIC AAO Salary is the sum of the Basic Pay and these allowances.
LIC AAO Salary: Allowances
|City Compensatory Allowance (CCA)||This too depends upon the job location and can be 4%, 3% or 0% of the LIC AAO Basic Pay.|
|House Rent Allowance (HRA)||The HRA depends upon the job location. Based on whether the LIC AAOs are posted in metropolitan cities, Metro city9%, Urban Area 7-8%, Small City 6-7% of the LIC AAO Basic Pay.|
|Dearness Allowance (DA)||The DA is revised quarterly based on the Consumer Price Index. This component of LIC AAO Salary forms around 40% of the Basic Pay. Since CPI depends upon inflation rates, the DA can increase or decrease based on that|
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