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 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 … Read more
CGEGIS Table 2019: Group Insurance Savings Fund Benefit Table Apr to Jun 2019 Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.04.2019 to 30.06.2019 No.7(2)/EV/2016 Government of India Ministry of Finance Department of Expenditure New Delhi, the 29th May, 2019 OFFICE MEMORANDUM Sub : Central … Read more
Enhancement of Insurance Coverage under CGEGIS – BPMS Central Government Employees Group Insurance Scheme, 1980 was notified on 01/11/1980 and came into force with effect from the forenoon of 01/01/1982. The `scheme’ is intended to provide for the Central Government employees, at a low cost and on a wholly contributory and self-financing basis, the twin … Read more
Central Government Employees Group Insurance Scheme-1980 Table of Benefits for the saving fund for the period from 01.10.2017 to 31.12.2017 No.7(2)/EV/2016 Government of India Ministry of Finance Department of Expenditure New Delhi, the 23 November, 2017 OFFICE MEMORANDUM Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the … Read more
Unjustified deduction for Group insurance Scheme in 7th Pay Commission Report – IRTSA CGEGIS – Central Government Employees Group insurance Scheme a. Term insurance premiums have plummeted over last 6 years. Since 2009, term insurance premium have crashed by 75 percent. A one crore cover for 30 year old male cost around Rs.30,000 in 2008, but one … Read more
Ridiculous recommendation of 7th CPC regarding CGEGIS As per the recommendation of seventh CPC, subscription and insurance amount have been increased manifold. Let’s discuss the same as per available data. Recommended Rates of CGEGIS Level of Employee Monthly Deduction Insurance Amount 10 and above 5000 50,00,000 6 to 9 2500 25,00,000 1 to 5 1500 … Read more
7th CPC Recommendations on CGEGIS Central Government Employees’ Group Insurance Scheme (CGEGIS) Introduction 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 … Read more
Demand of staff side to increase the subscription and the insurance coverage – NC JCM “The Staff Side recalled the assurance held out by the Commission earlier to have the actuarial assessed by an expert agency to accede to the demand of the staff side to increase the subscription and the insurance coverage. The Staff … Read more
Central Government Employees Group Insurance Scheme 1980: Annual Report for the year 2015 OFFICE OF THE CONTROLLER GENERAL OF DEFENCE ACCOUNTS, ULAN BATAR ROAD, PALAM, DELHI CANTT. -110010 Tel: 011-25665548, 25665583/84, 25665736/37, Jt. CGDA (A&B) Tel-25674789 Fax: 011-23674786, 25674789 SPEED POST No. A/III/14500/CGEGIS/REP/2015 Dated: 02.02.2015 To The PCDA/CDA including AO, DAD, ZO (DPD) & AN-IV Local. … Read more