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 |
You Can Check This Also:
- LIC AAO Recruitment 2019 Out : Check Detail here
- LIC AAO 2019 Exam Pattern and Syllabus : Check here
- Best E-books for LIC AAO 2019 : Get PDF here
- LIC AAO 2016 Cutoff : Check Here
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