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Section 3: Pay

IRDA (salary and allowances payable to and other terms and conditions of service of chairperson and other members) Rules, 2000Central Rules · 1999

(1) The pay of a Chairperson shall be rupees twenty six thousand per month (fixed) as admissible to a Secretary to the Government of India.

(2) The pay of the whole-time member shall be in the scale of pay of Rs.22400-525-24500.

(3) The pay of the Chairperson and whole-time member shall be fixed in accordance with the orders of the Central Government:

Provided that in case a person appointed as the Chairperson or a whole-time member is in receipt of any pension, the pay of such person shall be reduced by the gross amount of pension drawn by him.

Where this provision sits

ActIRDA (salary and allowances payable to and other terms and conditions of service of chairperson and other members) Rules, 2000
Section3
Marginal notePay
JurisdictionCentral
StatusIn force as published by the source

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