Amendment to Casual Leave and Restricted Holidays Rules 2023 in Life Insurance Corporation of India

Amendment to Casual Leave and Restricted Holidays Rules 2023 in Life Insurance Corporation of India

New Delhi, the 17th August, 2023

G.S.R. 611(E).— In exercise of the powers conferred by clause (cc) of sub-section (2) of section 48 of the Life Insurance Corporation Act, 1956 (31 of 1956), the Central Government hereby makes the following rules further to amend the Life Insurance Corporation of India (Staff) Rules, 1960, namely:―

1. Short title and commencement. ― (1) These rules may be called the Life Insurance Corporation of India (Staff) Amendment Rules, 2023.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Life Insurance Corporation of India (Staff) Rules, 1960, —

(a) in rule 19, in sub-rule 2(A), in clause (b), in sub-clause (i), in the first proviso, after the word “deputation” the words “to overseas offices” shall be inserted;

(b) in rule 61, in clause (j), the following proviso shall be inserted, namely: –

 

“Provided that Saturdays, Sundays, restricted holidays and holidays, whether intervening, prefixed or suffixed, shall not be counted as casual leave.”;

(c) for rule 62, the following shall be substituted, namely: –

“62. Casual Leave and Restricted Holidays. — (1) An employee may be granted casual leave upto a maximum of twelve days during a calendar year.

(2) Subject to the provisions contained in first proviso to rule 64, any casual leave not availed of by an employee shall lapse at the end of the calendar year.

(3) Casual leave can be availed for not more than six days at a time.

(4) In addition to holidays under the Negotiable Instruments Act, 1881 (26 of 1881), an employee may be allowed to avail of not more than two restricted holidays in a calendar year, as per his choice, out of the list of restricted Holidays declared by the Central Government from year to year, subject to such choice of the employee being submitted to the Corporation or Company before commencement of the calendar year concerned.”;

(d) in rule 64, for the provisos the following provisos shall be substituted, namely: —

“Provided that the casual leave admissible to an employee under sub- rule (1) of rule 62 and not availed of by him shall be converted into additional sick leave on full pay upto a maximum of two months or on half pay upto a maximum of four months during the entire period of his service to be availed of by him on medical certificate:

Provided further that if an employee is suffering from any of the major diseases of cancer, leprosy. T.B., paralysis, mental diseases, brain tumor, cardiac ailments or kidney diseases, he may be allowed special sick leave on half pay for a period not exceeding six months if he has to his credit no sick leave admissible to him.”.

Note: The Principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification dated the 23rd July,1960, and was last amended vide number G.S.R No. 58(E) dated the 31st January, 2022.

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