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

Last updated: 12 March 2021

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The Ministry of Finance has released the Tables of Benefits for the Savings Fund under the Central Government Employees Group Insurance Scheme-1980. These tables are for the period of January 1, 2021, to March 31, 2021. The benefits are calculated based on an interest rate of 7.1% per annum, compounded quarterly.

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

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FAQ :

The Tables of Benefits cover the period from January 1, 2021, to March 31, 2021.

The interest rate used is 7.1% per annum, compounded quarterly.

The Tables of Benefits are in two categories: one based on a subscription of Rs.10 p.m. from 1.1.1982 to 31.12.1989 and Rs.15 p.m. from 1.1.1990 onwards, and the second for those who opted out of the revised subscription rate from 1.1.1990.

These Tables of Benefits are being issued by the Ministry of Finance, Department of Expenditure, Government of India.

Yes, these orders apply to employees of the Indian Audit and Accounts Department under Article 148(5) of the Constitution.

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Notification No : No. 7(2)/EV/2016 Government of India Ministry of Finance Department of Expenditure New Delhi, the 13th February, 2021 OFFICE MEMORANDUM Sub: Central Government Employees Group Insurance Scheme-1980
Published in Miscellaneous
Source : https://doe.gov.in/sites/default/files/CGEGIS_Table_01.01.2021-31.03.2021_0.pdf

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