Government of India
Ministry of Communications, Department of Posts
DIRECTORATE OF POSTAL LIFE INSURANCE
Chanakyapuri Post Office Complex, Chanakyapuri, New Delhi-110021

F. No. 04-01/2019-LI

Dated: 13.01.2023

To,
1. All Heads of Circles
2. Addl DG APS
3. Director, RAKNPA
4. All Regional PMsG
5. All Directors PTCs

Subject: Bonus declaration in respect of PLI – reg.

Respected Madam/Sir,

Kindly find enclosed Gazette Notification No. 11 dated 11.01.2023 (Gazette ID – CG-DL-E- 11012023-241903) declaring bonus on PLI policies for financial year FY 2023-24 for information.

2 The Notification may be brought to the notice of all concerned.

Sd-
(Shiv Kumar)
Assistant Director (PLI)

MINISTRY OF COMMUNICATIONS
(Department of Posts)
(DIRECTORATE OF POSTAL LIFE INSURANCE)

NOTIFICATION

New Delhi, the 4th January, 2023

F. No. 04-01/2019-LI. – In exercise of powers conferred vide Rule 3 of Post Office Life Insurance Rules (2011) and on the basis of Actuarial Valuation of the assets and liabilities of Post Office Life Insurance Fund (POLIF) as on 31.03.2022, the Director General Postal Services is pleased to declare a simple Reversionary Bonus on the Postal Life Insurance Policies on their becoming claims, due to death or maturity at the following rates:-

2. The rates of Bonus for the Financial Year 2023-24 will be applicable from 01.04.2023.

3. Interim Bonus at the rates mentioned above will also be payable for all claims arising due to maturity or death until future valuation is completed.

4. The amount of Bonus involving a fraction of 50 paisa or more shall be rounded off to the next higher Rupee and fraction below 50 paisa shall be ignored.

JITENDRA GUPTA,
Chief General Manager (PLI)

Bonus declaration in respect of PLI

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