CGEGIS Table January to March 2021 Rate of Interest 7.1 Percent per Annum

CGEGIS Table January to March 2021 Rate of Interest 7.1 Percent per Annum

• CGEGIS Table Tables of Benefits for the savings fund for the period from 01.01.2021 to 31.03.2021 Rate of Interest 7.1 Percent per Annum
• CGEGIS 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.

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) /2 020 dated 06.01.2021, 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. 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.

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

CGEGIS Table 2021 pdf Download (January to March 2021) – Click to view

READ ALSO:

CGEGIS Table April to June 2021 Rate of Interest 7.1 Percent per Annum

CGEGIS Table July to September 2021 Rate of Interest 7.1 Percent per Annum