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CGEGIS Benefit Table For Savings Fund From 1.10.2018 to 31.12.2018

December 11, 2018 by wpadmin Leave a Comment

CGEGIS Benefit Table 2018 – From 1.10.2018 to 31.12.2018

Central Government Employees Group Insurance Scheme-1980 – Table of Benefits for the savings fund for the period from 01.10.2018 to 31.12.2018

No.7(2)/EV/2016

Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the 10 December, 2018

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme-1980 – Table of Benefits for the savings fund for the period from 01.10.2018 to 31.12.2018.

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 01.10.2018 to 31.12.2018, as worked out by IRDA based on the interest rate or 8% per annum (compounded quarterly) as notified by the Department or Economic Affairs as per their Resolution No. 5(1)-B(PD)/2018 dated 04.10.2018, are enclosed.

2. The Tables enclosed are of two categories as per the existing practice. As hitherto the first Table of Benefits for the saving fund of the scheme is based on the subscription or 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 or Benefits for savings fund is based on a subscription of Rs.10 p.m. for those employees who hod opted out or the revised rate or subscription w.e.f. 1.1.1990.

3. While these orders are in respect of Table or Benefits for the period from 01.10.2018 to 31.12.2018, the Tables already issued for the first quarter, second quarter and third quarter i.e. for the period 01.01.2018 to 30.09.2018 are also reproduced for the sake convenience and consolidation.

4. In their application to the employees of Indian Audit and Accounts Department , these orders are issued after consultation with the Comptroller & Auditor General of India.

5 Hindi version of these orders is attached.

sd/-
(Amar Nath Singh)
Director

Click To View Table

Related posts:

  1. CGEGIS Scheme Tables of Benefits for the savings fund for the period from July to September
  2. CGEGIS 1980: Tables of Benefits from April to June 2018
  3. CGEGIS 1980 – Tables of Benefit for the Savings Fund for the period from 01.04.2018 to 30.06.2018
  4. Retirement Benefits for Govt Staff
  5. Master Circular on Probation/Confirmation in Central Govt Services-Dopt orders
  6. Enhancement of Insurance Coverage under CGEGIS – Bharatiya Pratiraksha Mazdoor Sangh (BPMS)
  7. NPS To OPS: New Pension Scheme Demand To Scrap It
  8. 7th CPC Concordance Tables for Defence Pensioners
  9. General Provident Fund Interest Rate 7.6% from 1st July 2018
  10. West Bengal – Recovery of Temporary Advances from GP Fund before six months prior to retirement on superannuation

Filed Under: CGEGIS Tables Tagged With: CGEGIS, CGEGIS 1980, CGEGIS Tables of Benefits

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