Categories: Miscellaneous

GoI extends superannuation age of LIC chairman to up to 62 years

The government has extended the superannuation age of IPO-bound LIC Chairman, M R Kumar, to up to 62 years by making amendments to the Life Insurance Corporation of India (Staff) Regulations, 1960. The changes made in the rules will be called the Life Insurance Corporation of India (Staff) Amendment Rules, 2021, according to a government notification dated June 30, 2021. It is to be noted that the retirement age for the top executives of the majority of PSUs is 60 years, barring a few exceptions, including the State Bank of India (SBI).

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important takeaways for all competitive exams:

  • LIC Headquarters: Mumbai;
  • LIC Founded: 1 September 1956.

Find More Miscellaneous News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Iran Names Ayatollah Alireza Arafi as Temporary Supreme Leader

Hours after the death of Iran’s Supreme Leader Ayatollah Ali Khamenei was confirmed the senior…

4 hours ago

Iran’s Supreme Leader Ayatollah Ali Khamenei Confirmed Dead After Major U.S.–Israel Strikes

Iranian state media has confirmed that Supreme Leader Ayatollah Ali Khamenei, Iran’s most powerful political…

11 hours ago

Which Country Officially Uses Two Different Calendars? Know About It

Did you know that calendars are not the same everywhere in the world? Different countries…

1 day ago

Historic Glory! Jammu & Kashmir Win Ranji Trophy in Maiden Final After 67 Years

Jammu and Kashmir etched their name in history by winning the Ranji Trophy 2025-26 in…

1 day ago

Three Major Inland Waterways Projects Opened on Brahmaputra in Dibrugarh

Union Minister Sarbananda Sonowal inaugurated three key infrastructure projects on National Waterway-2 (NW-2) along the…

1 day ago

Exercise Vayu Shakti 2026: Indian Air Force Unleashes Firepower Near Pakistan Border

The Indian Air Force (IAF) displayed its combat power during Exercise Vayu Shakti 2026 at…

1 day ago