HomeNewsNationalGovernment extends superannuation age of LIC Chairman to up to 62 years

Government extends superannuation age of LIC Chairman to up to 62 years

Government extends superannuation age of LIC Chairman to up to 62 years

Indian Govt has decided to extend the superannuation age of Life Insurance Corporation of India (LIC) Chairman to up to 62 years after making an amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960, prior to this superannuation age was 60 years.

  • the rules will be known as the Life Insurance Corporation of India (Staff) Amendment Rules, 2021.

About LIC –

Chairperson: M R Kumar
Founder: Government of India
Founded: 1 September 1956
Headquarters: Mumbai

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