7th Pay Commission CGEGIS: CGEGIS Table, Subscription Rates, Deductions and Calculator
Central Government Employees Group Insurance Scheme (CGEGIS)
Central Government Employees Group Insurance Scheme Calculator is used for finding the benefit of the fund value of the particular period. The CGEGIS Table Calculator for searching the maturity value of the fund in any previous period. CGEGIS Calculation Table 2019 available here in pdf format.
What is CGEGIS?
Central Government Employees Group Insurance Scheme (CGEGIS) is one of the savings with a secure plan for all groups of Central Government Employees. The scheme is mandatory and if an employee dies in service, the amount of insurance coverage provided to the nominee of the employee.
CGEGIS is intended to provide for the Central Government employees, at a meager amount and on a wholly contributory and self-financing basis, the double benefits of an insurance cover to help their families in the event of death in service and a lump-sum payment to augment their resources on retirement.
7th Pay Commission Recommendations on CGEGIS
Subsequent to the implementation of the III CPC recommendations, Central Government Employees’ Group Insurance Scheme (CGEGIS) was notified in 1980 and came into force w.e.f. 1 January, 1982.
The scheme serves the twin objectives of (a) providing a lump-sum amount to the families in case of an employee’s death and (b) a lump-sum payment to the employee on cessation of employment, both on a wholly contributory and self-financing basis.
Present Rates of CGEGIS
CGEGIS comprises a Savings Fund and an Insurance Fund in the ratio 70:30. The present rates of deduction, insured amount and savings units are as follows:
Table 1: Present Rates of CGEGIS
| Group | Monthly Deduction (Rs.) | Insurance Amount (Rs.) | No. of Units (for Savings) |
| A | 120 | 1,20,000 | 8 |
| B | 60 | 60,000 | 4 |
| C | 30 | 30,000 | 2 |
The value, in Rs., of each unit (for Savings) is published by the Ministry of Finance every year in the form of Tables of Benefits, and the total amount is worked out using the same depending upon when the employee joined the scheme and the year/month of cessation of membership.
Upon employee’s exit from the scheme, only the Savings amount, as applicable on the concerned date, is payable. In case of demise of the employee, the Savings amount applicable on date plus the Insured amount is payable.
Demands
The Commission has received numerous representations from various stakeholders stating that the Monthly Deduction as well as the Insurance Amount have remained unchanged since 1990. In the present context, they are too low and should be increased.
Analysis and Recommendations
As a logical comparator, the Commission considered the rates under Army Group Insurance Fund (AGIF), which have become applicable w.e.f. 01.09.2013. These are as follows:
Table 2: Present Rates of AGIF
| Group | Monthly Deduction (Rs.) | Insurance Amount (Rs.) |
| Officers | 5000 | 50,00,000 |
| JCOs/ Ors | 2500 | 25,00,000 |
The Commission also took into view the fact that pay of Defence personnel is by and large higher than that of Civilian employees of comparable level. Hence, with suitable modifications for Civilian employees, the following rates of CGEGIS are recommended:
Table 3: Recommended Rates of CGEGIS
| Level of Employee | Monthly Deduction (Rs.) | Insurance Amount (Rs.) |
| 10 and above | 5000 | 50,00,000 |
| 6 to 9 | 2500 | 25,00,000 |
| 1 to 5 | 1500 | 15,00,000 |
The Commission also took note of the fact that the Tables of Benefits published by Ministry of Finance are based on the mortality rate of 3.75 per thousand per annum up to 31.12.1987 and 3.60 per thousand per annum thereafter.
In its report (brought out in January 1997), the V CPC had pointed out that the mortality rate, life expectancy and health delivery systems have improved over a period of time.
They had highlighted the need “for a detailed review of the current mortality rates with a view to revising the apportionment between the Savings and Insurance Funds.”
Since it was likely to take some time, they had recommended a ratio of Savings Fund to Insurance Fund of 75:25, with “appropriate machinery for a periodical review of the mortality rates and adjustment of the apportionment ratio.”
All the three factors viz., mortality rate, life expectancy and health delivery systems have further improved over the course of nearly twenty years following the V CPC recommendations.
Accordingly, this Commission recommends that the ratio of Savings Fund to Insurance Fund be modified from the present 70:30 to 75:25, as an interim measure, pending a detailed review.
It is also recommended that periodical reviews of mortality rates should be undertaken for suitable adjustment of the apportionment ratio. The Tables of Benefits may be modified accordingly.
Top Developments on CGEGIS
Enhancement of Insurance Coverage under CGEGIS – BPMS April 7, 2018
Simplification of procedure for payment of CGEGIS dues – Finmin Orders March 17, 2017
CGEGIS was Modified by 7th CPC to give High Risk Cover, but Govt ignored July 29, 2016
7th CPC Recommendation on CGEGIS is not accepted by Govt June 30, 2016
Unjustified deduction for Group insurance Scheme in 7th Pay Commission Report – IRTSA December 16, 2015
7th CPC CGEGIS : Illogical recommendation of 7th CPC December 5, 2015
7th Pay Commission Recommendations on CGEGIS December 5, 2015