Equitable relief

[22:02, 4/30/2024] Vivek Singh: "10. Equitable Relief. ─ (1) Notwithstanding anything contained in rule 4 of the Life Insurance Corporation
of India Development Officers (Revision of Certain Terms and Conditions of Service) Rules, 2009, the
Corporation may, in respect of Development Officers, by instructions, provide for grant of arrears of salary
for the period prior to the 1st April, 2024 by way of equitable relief in the manner provided in sub-rule (2).
(2) The equitable relief paid for the period from 1st August, 2022 to 31st March, 2023 and 1st April, 2023 to
31st March, 2024 for the purpose of arriving at the annual remuneration for the purpose of appraisal year
under the special rules shall be shown below:-
(i) 25 per cent. of the equitable relief paid for the period 1st August, 2022 to 31st March, 2023 shall
form part of the annual remuneration for the appraisal year commencing immediately after the date
of publication of these rules and 75 per cent. of the equitable relief paid shall not be taken into
account for the purpose of arriving at the annual remuneration; and
(ii) 25 per cent. of the equitable relief paid for the period 1st April, 2023 to 31st March, 2024 shall
form part of the annual remuneration for the appraisal year of twelve months period following the
first mentioned period of twelve months and 75 per cent. of the equitable relief paid shall not be
taken into account for the purpose of arriving at the annual remuneration.
[22:17, 4/30/2024] Vivek Singh: "10. Equitable Relief. ─ (1) Notwithstanding anything contained in rule 4 of the Life Insurance Corporation of India Development Officers (Revision of Certain Terms and Conditions of Service) Rules, 2009, the Corporation may, in respect of Development Officers, by instructions, provide for grant of arrears of salary
for the period prior to the 1st April, 2024 by way of equitable relief in the manner provided in sub-rule (2).
(2) The equitable relief paid for the period from 1st August, 2022 to 31st March, 2023 and 1st April, 2023 to 31st March, 2024 for the purpose of arriving at the annual remuneration for the purpose of appraisal year
under the special rules shall be shown below:-
(i) 25 per cent. of the equitable relief paid for the period 1st August, 2022 to 31st March, 2023 shall form part of the annual remuneration for the appraisal year commencing immediately after the date of publication of these rules and 75 per cent. of the equitable relief paid shall not be taken into account for the purpose of arriving at the annual remuneration; and
(ii) 25 per cent. of the equitable relief paid for the period 1st April, 2023 to 31st March, 2024 shall
form part of the annual remuneration for the appraisal year of twelve months period following the first mentioned period of twelve months and 75 per cent. of the equitable relief paid shall not be taken into account for the purpose of arriving at the annual remuneration.
[22:23, 4/30/2024] Vivek Singh: Explanation.- 
(1) For the removal of doubts, it is clarified that the salary relating to the financial year commencing on the 1st April, 2024 shall form part of the annual remuneration in the relevant appraisal years in that financial year.