Central Govt Employees Group Insurance Scheme 1980 Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/central-govt-employees-group-insurance-scheme-1980/ All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more. Thu, 03 Dec 2020 16:37:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://centralgovernmentnews.com/wp-content/uploads/2019/02/cropped-central-government-employees-news-32x32.png Central Govt Employees Group Insurance Scheme 1980 Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/central-govt-employees-group-insurance-scheme-1980/ 32 32 Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.10.2020 to 31.12.2020 https://centralgovernmentnews.com/central-government-employees-group-insurance-scheme-1980-tables-of-benefits-for-the-savings-fund-for-the-period-from-01-10-2020-to-31-12-2020/ https://centralgovernmentnews.com/central-government-employees-group-insurance-scheme-1980-tables-of-benefits-for-the-savings-fund-for-the-period-from-01-10-2020-to-31-12-2020/#respond Thu, 03 Dec 2020 16:37:25 +0000 https://centralgovernmentnews.com/?p=28431 Central Government Employees Group Insurance Scheme No. 7(2)/ EN / 2016Government of IndiaMinistry of FinanceDepartment of Expenditure New Delhi, the 27 November, 2020 OFFICE MEMORANDUM Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.10.2020 to 31.12.2020. The Tables of Benefits for Savings Fund to […]

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No. 7(2)/ EN / 2016
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the 27 November, 2020

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.10.2020 to 31.12.2020.

The Tables of Benefits for Savings Fund to the beneficiaries under the Central Government Employees Group Insurance Scheme-1980, which are being issued on a quarterly basis from 01.01.2017 onwards, as brought out in this Ministry’s OM of even number dated 17.03.2017, for the quarter from 01.10.2020 to 31.12.2020, as worked out by IRDA based on the interest rate of 7.1% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(2)-B(PD)/2020 dated 27.10.2020, are enclosed.

CGEGIS 1980 of Benefits for the savings fund for the period from 1st July to 30th September, 2020

2. The Tables enclosed are of two categories as per the existing practice. As hitherto, the first Table of Benefits for the savings fund of the scheme is based on the subscription of Rs.10 p.m. from 1.1.1982 to 31.12.1989 and Rs.15 p.m. w.e.f. 1.1.1990 onwards. The second Table of Benefits for savings fund is based on a subscription of Rs.10 p.m. for those employees who had opted out of the revised rate of subscription w.e.f. 1.1.1990.

3. While these orders are in respect of Table of Benefits for the period from 01.10.2020 to 31.12.2020, the Tables already issued for the first quarter i.e. from 01.01.2020 to 31.03.2020, second quarter i.e. from 01.04.2020 to 30.06.2020 and 3rd quarter i.e. 01.07.2020 to 30.09.2020 are also reproduced for the sake of convenience and consolidation.

4. In their application to the employees belonging to Indian Audit and Accounts Department, these orders are issued under Article 148(5) of the Constitution and after consultation with the Comptroller & Auditor General of India.

5. Hindi version of these orders is attached.

(B. K. Manthan)
Deputy Secretary to the Government of India

Central Government Employees Group Insurance Scheme

Source: DoE

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]]> https://centralgovernmentnews.com/central-government-employees-group-insurance-scheme-1980-tables-of-benefits-for-the-savings-fund-for-the-period-from-01-10-2020-to-31-12-2020/feed/ 0 Central Government Employees Group Insurance Scheme 1980 – Tables of Benefits for the savings fund for the period from 1st July to 30th September, 2020 https://centralgovernmentnews.com/central-government-employees-group-insurance-scheme-1980-tables-of-benefits-for-the-savings-fund-for-the-period-from-1st-july-to-30th-september-2020/ https://centralgovernmentnews.com/central-government-employees-group-insurance-scheme-1980-tables-of-benefits-for-the-savings-fund-for-the-period-from-1st-july-to-30th-september-2020/#respond Thu, 03 Sep 2020 03:53:49 +0000 https://centralgovernmentnews.com/?p=27682 Central Government Employees Group Insurance Scheme No. 7(2)/EV/2016Government of IndiaMinistry of FinanceDepartment of Expenditure New Delhi, the 19th August, 2020 OFFICE MEMORANDUM Sub : Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.07.2020 to 30.09.2020. The Tables of Benefits for Savings Fund to the beneficiaries […]

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]]> Central Government Employees Group Insurance Scheme

No. 7(2)/EV/2016
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the 19th August, 2020

OFFICE MEMORANDUM

Sub : Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.07.2020 to 30.09.2020.

The Tables of Benefits for Savings Fund to the beneficiaries under the Central Government Employees Group Insurance Scheme-1980, which are being issued on a quarterly basis from 01.01.2017 onwards, as brought out in this Ministry’s OM of even number dated 17.03.2017, for the quarter from 01.07.2020 to 30.09.2020, as worked out by IRDA based on the interest rate of 7.1% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(2)-B(PD)/2020 dated 13.07.2020, are enclosed.

2. The Tables enclosed are of two categories as per the existing practice. As hitherto, the first Table of Benefits for the savings fund of the scheme is based on the subscription of Rs.10 p.m. from 1.1.1982 to 31.12.1989 and Rs.15 p.m. w.e.f. 1.1.1990 onwards. The second Table of Benefits for savings fund is based on a subscription of Rs.10 p.m. for those employees who had opted out of the revised rate of subscription w.e.f. 1.1.1990.

3. While these orders are in respect of Table of Benefits for the period from 01.07.2020 to 30.09.2020, the Tables already issued for the first quarter i.e from 01.01.2020 to 31.03.2020 and second quarter i.e from 01.04.2020 to 30.06.2020 are also reproduced for the sake of convenience and consolidation.

4. In their application to the employees belonging to Indian Audit and Accounts Department, these orders are issued under Article 148(5) of the Constitution and after consultation with the Comptroller & Auditor General of India.

Hindi version of these orders is attached.

(Amar Nath Singh)
Director

The first Table of Benefits for the savings fund of the scheme is based on the subscription of Rs.10 p.m. from 01.01.1982 to 31.12.1989 and Rs.15 p.m. w.e.f. 01.01.1990 onwards

Tables of Benefits for the savings fund for the period from 1st July 2020

The second Table of Benefits for savings fund is based on a subscription of Rs.10 p.m. for those employees who had opted out of the revised rate of subscription w.e.f. 01.01.1990.

Tables of Benefits for the savings fund for the period 30th September, 2020

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