Saturday, December 4, 2010

GIC employees are going to get more benefits including foreign travel.

Governing board of GIPSA met at New Delhi on 27th November 2010. As per our source, following benefits have been approved in the meeting for GIC employees.

1. LTS with 3000 KM and forign travel w.e.f 15/12/2010.
2 Conveyance scheme for marketing will be at par with LIC. it will be 4.40, 5.50, 7.15 laces factory[without tax], consequently other benefits to be revised. It will be five years instead of eight  years [subject to Ministry approval]
3. Conveyance scheme for administration - to be increased to 75,000.
Festival advance to be deferred.
4. Lodging and H.A. will be revised within 10 days.
5. TMP for class III to be revised to 200 KMs
6. Exam form Class III to Class I will be of Objective Type next year onwards.
7. Meerut will get HRA as A class city.
8. Dependent's income limit is increased for payment of family pension.
Source : Did not want to be named.
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