CGEGIS 1980 Tables of Benefits for the savings fund for the period from January 2021 to March 2021

 CGEGIS 1980 Table of Benefits from January 2021 to March 2021

Central Government Employees Group Insurance Scheme-1980 - Tables of Benefits for the savings fund for the period from 01.01.2021 to 31.03.2021

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

New Delhi, the 15th February, 2021

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme-1980 - Tables of Benefits for the savings fund for the period from 01.01.2021 to 31.03.2021.

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 01.01.2021 to 31.03.2021, 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 06.01.2021, are enclosed.

Special Cash Package in lieu of LTC Fare for Central Government Employees – FAQ No. 4

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. 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.

4. Hindi version of these orders is attached.

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

CGEGIS 1980 Table of Benefits from January 2021 to March 2021

Click to view the Order in PDF

Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund for the period from 01.01.2020 to 31.03.2020

CGEGIS 2020

Central Government Employees Group Insurance Scheme CGEGIS 1980 - Tables of Benefits for the savings fund from 1st Jan 2020 to 31st March 2020

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

New Delhi, the 5th February, 2020

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund for the period from 01.01.2020 to 31.03.2020.

The Tables of Benefits for Savings Fund to the beneficiaries under the Central Government Employees Group Insurance Scheme CGEGIS 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 01.01.2020 to 31.03.2020, as worked out by IRDA based on the interest rate of 7.9% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(2)-B(PD)/2019 dated 15.01.2020, 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.

Also check the previous: Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund from 01.10.2019 to 31.12.2019

3. 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.

4. Hindi version of these orders is attached.

(Amar Nath Singh)
Director

Source: DoE

CGEGIS 2019 - Tables of Benefits for the savings fund from 01.10.2019 to 31.12.2019

CGEGIS 2019

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

New Delhi, the 11th December, 2019

OFFICE MEMORANDUM

Subject: Central Government Employees Group Insurance Scheme-1980 - Tables of Benefits for the savings fund for the period from 01.10.2019 to 31.12.2019.

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 01.10.2019 to 31.12.2019, as worked out by IRDA based on the interest rate of 7.9% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(2)-B(PD)/2019 dated 21.10.2019, 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 01.10.2019 to 31.12.2019, the Tables already issued for the first quarter, second quarter and third quarter i.e. for the period 01.01.2019 to 30.09.2019 are also reproduced for the sake of convenience and consolidation.

Also check: Central Government Employees Group Insurance Scheme 1980 - Finmin issued tables of Benefits for the savings fund for the period from 01.01.2016 to 31.12.2016

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.

(Amar Nath Singh)
Director

Source: DoE

Central Government Employees Group Insurance Scheme 1980 – Tables of Benefits for the savings fund for the period from 01.07.2019 to 30.09.2019

Central Government Employees Group Insurance Scheme 1980 – Tables of Benefits for the savings fund for the period from 01.07.2019 to 30.09.2019

No. 7(2) / EV / 2016

Government of India

Ministry of Finance

Department of Expenditure

New Delhi, the 13th August, 2019

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme 1980 – Tables of Benefits for the savings fund for the period from 01.07.2019 to 30.09.2019.

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 .07.2019 to 30.09.2019, as worked out by IRDA based on the interest rate of 7.9% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(2)-B(PD)/ 2019 dated 12.07.2019, 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 .07.2019 to 30.09.2019, the Tables already issued for the first quarter and second quarter i.e. for the period 01 .01.2019 to 30.06.2019 are also reproduced for the sake of 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.

(Amar Nath Singh)

Director

To

1.     All Ministries/ Department of the Central Government as per standard list.
2.     Copy with spare copies for information and necessary action to C&AG, UPSC, all State  Government etc. as per standard list.

Source: DoE

CGEGIS 1980 - Tables of Benefits for the savings fund for the period from 1.1.2019 to 31.03.2019

Central Government Employees Group Insurance Scheme (CGEGIS)1980 - Tables of Benefits for the savings fund for the period from 1.1.2019 to 31.03.2019

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

New Delhi, 11th February, 2019

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund for the period from 1.1.2019 to 31.03.2019

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 01.01.2019 to 31.03.2019, as worked out by IRDA based on the interest rate of 8% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(1) -B(PD) / 2018 dated 03.01.2019, are enclosed.

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 . 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.
Hindi version of these orders is attached.

(Amar Nath Singh)
Director

To

1. All Ministries/Department of the Central Government as per standard list.
2. Copy with spare copies for information and necessary action to C&AG, UPSC, all State Government etc. as per standard list.
3. NIC, Department of Expenditure - for uploading the same on the website of Ministry of Finance, Department of Expenditure.

Source : DoE

Central Government Employees Group Insurance Scheme 1980: Annual Report for the year 2018

Central Government Employees Group Insurance Scheme 1980: Annual Report for the year 2018.

OFFICE OF THE CONTROLLER GENERAL OF DEFENCE ACCOUNTS,
ULAN BATAR ROAD, PALAM, DELHI CANTT. -110010
Tel: 011-25665548, 25665583/ 84, 25665736/ 37
Fax: 011-25674786

No. A/III/14500/CGEGIS/Report/2017
Dated: 01.01.2018

To
1 - PCsDA/CsDA
Including AO, DAD, ZO (DPD)
85 AN -IV Local.
(Through CGDA website)

Sub: Central Government Employees Group Insurance Scheme 1980: Annual Report for the year 2018.

An annual report on the above subject has been prescribed by the Chief Controller of Accounts, Ministry of Finance, Department of Economic Affairs which is to be rendered to them by 15th March each year. It is requested that Annual Report on the CGEGIS-1980 in respect of DAD personnel and Non-DAD personnel (Defence Civilians) may kindly be forwarded separately to this HQrs by 31st January, 2018 positively in the prescribed format (Annexure 'D'- copy enclosed). While forwarding the report, it may please be ensured that the number of CGEGIS subscribers for the year 2017 shown in the last report must be correctly reflected in the Part-I of the report.

2. It has been noticed in previous year, the report is generally not forwarded to this HQrs by the prescribed time. This often delays rendition of consolidated report to Ministry. Therefore, it is requested that timely submission of report may please be ensured.

3. This issues with the approval of J t. CGDA (ASLB).

Sr. Account/Officer (A/Cs)

Copy to
IT 85 S Section, Local. For uploading the same in the CGDA website.
Sr. Accounts Officer (A/ Cs)

Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund for the period from 01.07.2017 to 30.09.2017

Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund for the period from 01.07.2017 to 30.09.2017.

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

New Delhi, the September 6,2017

Office Memorandum

Sub: Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund for the period from 01.07.2017 to 30.09.2017.

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 l.1.20 17 onwards, as brought out in ' this Ministry's OM of even number dated 17.3 .2017, for the quarter from l.7.2017 to 30.9.2017, as worked out by IRDA based on the interest rate of 7 .8% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(1)-B(PD)/2017 dated 17.7.2017, 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. froml.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 l.7.2017 to 30.9.2017, the Tables already issued for the quarters from 1.1.2017 to 31.3.2017 and from 1.4.2017 to 30.6.2017 are also reproduced for the sake of 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.

(Amar Nath Singh)
Director

To
1. All Ministries / Departmen t of the Central Government as per standard list.
2. Copy with spare copies for information and necessary action to C&AG, UPSC, all State Government etc. as per standard list.
3. NIC, Department of Expenditure - for uploading the same on the website of Ministry of Finance, Department of Expenditure.

Source: doe.gov.in - DOWNLOAD PDF

Central Government Employees Group Insurance Scheme 1980 - Finmin issued tables of Benefits for the savings fund for the period from 01.01.2016 to 31.12.2016

CGEGIS Table 2016 – Finmin issued tables of Benefits for the savings fund for the period from 01.01.2016 to 31.12.2016

No.7(1)/EV/2014
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, Dated the 26th February, 2016

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.01.2016 to 31.12.2016

Every year two Table of Benefits are issued by the Ministry of Finance on calendar year basis for the savings fund to the beneficiaries under Central Government Employees Group Insurance Scheme (CGEGIS)-1980. while one Table of Benefits for the savings fund of the scheme is based on a subscription of Rs.10 per month per unit from 1.1.1982 to 31.12.1989 and Rs.15 per month per unit w.e.f. 1.1.1990 onwards, the other Table of Benefits for the savings fund is based on a subscription of Rs.10 per month in respect of the employess who had opted out of the revised rates of subscription w.e.f. 1.1.1990.

2. The two Table of Benefits under CGEGIS-80 for the calendar year 2016, prepared by IRDS, are enclosed. The benefits in the Tables have been worked out on the basis of interest @8.7% per annum (compounded quarterly), as notified by Department of Economic Affairs.

3. While calculating the amount it has been assumed that the subscription has been recovered or will be recovered from the salary of the month in which a member ceases to be in service failing which it should be deducted from accumulated amounts payable.

4. In its application to the employees of Indian Audit and Accounts Department this Office Memorandum issues in consultation with the Comprtroller and Auditor General of India.

sd/-
(Amar Nath Singh)
Deputy Secretary to the Government of India

Authority: www.finmin.nic.in
Click to view the original order

CGEGIS Table 2013 : CGEGIS Tables of Benefits for the savings fund for the period from 1.1.2013 to 31.12.2013

CGEGIS Table 2013 : CGEGIS Tables of Benefits for the savings fund for the period from 1.1.2013 to 31.12.2013

 

Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund for the period from 1.1.2013 to 31.12.2013. Finance Ministry has issued an Office Memorandum regarding that the CGEGIS tables of benefits for the savings fund for the period from 1.1.2013 to 31.12.2013 on its website today, the text of the order is given below for your information..

 

No.7(2)/EV/2012

Government of India

Ministry of Finance

Department of Expenditure

 

New Delhi, the 15th January, 2013

 

OFFICE MEMORANDUM

 

Sub: Central Government Employees Group Insurance Scheme-1980 — Tables of Benefits for the savings fund for the period from 01.01.2013 to 31.12.2013.

 

The undersigned is directed to refer to this Ministry's O.M. No.7 (1)/EV/2012 dated 9th May, 2012 forwarding therewith Tables of Benefits under CGEGIS for the year 2012. New Tables of Benefits for the savings fund of the Scheme based on a subscription of Rs. 10 per month from 1.1.1982 to 31.12.1989 and Rs.15 per month w.e.f. 1.1.1990 onwards have been prepared for the year 2013 and a copy of the table is enclosed. Another Table of Benefits for the savings fund based on a subscription of Rs.10 per month for those employees who had opted out of the revised rates of subscription w.e.f. 1.1.1990 have also been drawn up for the year 2013 and a copy of that table is also enclosed. The amounts in the Tables have been worked out on the basis of interest @ 10% per annum(compounded quarterly) for the period from 1.1.1982 to 31.12.1982, 11% per annum(compounded quarterly) w.e.f. 1.1.1983 to 31.12.1986. 12% per annum(compounded quarterly) w.e.f. 1.I.1987 to 31.12.2000. 11% per annum (compounded quarterly) w.e.f. 1.1.2001 to 31.12.2001, 9.5% per annum(compounded quarterly) w.e.f. 1.1.2002 to 31.12.2002, 9.0% per annum(compounded quarterly) w.e.f. 1.1.2003 to 31.12.2003, 8% A per annum (compounded quarterly) w.e.f. 1.1.2004 to 30.11.2011, 8.6% per annum (compounded quarterly) w.e.f. 1.12.2011 to 3 1.03.2012 and 8.8% per annum (compounded quarterly) w.e.f. 1.04.2012 onwards. The mortality rate under the Scheme has been taken as 3.75 per thousand per annum up to 31.12.1987 and 3.60 per thousand per annum thereafter in both the cases. While calculating the amount it has been assumed that the subscription has been recovered or will be recovered from the salary of the month in which a member ceases to be in service failing which it should be deducted from accumulated amounts payable.

 

2. In its application to the employees of indian Audit and Accounts Department,this Office Memorandum issues in consultation with the Comptroller and Auditor General of India.

 

sd/-

(VIJAY KUMAR SINGH)

DIRECTOR

 

Source: www.finmin.nic.in

[http://finmin.nic.in/the_ministry/dept_expenditure/notification/CGEGIS/CGEISTable15012013.pdf]