Central Government Employees’ Group Insurance Scheme, 1980- Accounting Procedure-reg.

No.9(3)12012/TA/478
Ministry of Finance
Department of Expenditure
Controller General of Accounts
7th Floor, Lok Nayak Bhawan

Khan Market, New Delhi,
Dated: 17th July, 2012.

OFFICE MEMORANDUM

Subject: Central Government Employees’ Group Insurance Scheme, 1980- Accounting Procedure-reg.

Attention is invited to this Office O.M.No.S.11013/2/81/TA/2907 dated 22nd September, 1981. and followed by amendments issued vide O.Ms. dated 1.3.82, 22.9.82, 27.9.84 and 26.12.85 on the subject cited above.

CGEGIS Management changed to Principal AO, Ministry of Finance

The Controller of General Accounts, Department of Expenditure has informed that the work assigned to his office relating to management of CGEGIS-1980 as prescribed in the CGEGIS Accounting Procedure as per O.M. dated 22.9.1981 has been transferred to Pr.AO, Ministry of Finance.

Consequently, certain amendments are made to the Accounting Procedure. All future requirement for the management of information relating to this scheme can be provided by Ministries/Departments to the O/O Pr. AO, Ministry of Finance.

Read here the full text of Office Memorandum No.9(3)12012/TA/478 dated 17.07.2012 issued by Ministry of Finance in this connection.

Central Government Employees Group Insurance Scheme (CGEGIS) – Revision of monthly subscription

National Federation of Indian Railwaymen (NFIR) demanded to increase the monthly subscription of CGEGI Scheme ten times with corresponding increase of maturity value.

Presently the amount deducted towards in this scheme from the monthly salary of different categories of Central Government employees is as under…

Group ‘C’ – Rs.30
Group ‘B’ – Rs.60
Group ‘A’ – Rs.120

New Health Insurance Scheme for Government Employees will be Introduced Soon

New Health Insurance Scheme for Government Employees under Consideration

There is a proposal for introduction of a health insurance scheme for the central government employees and pensioners on pan-India basis, with special focus on pensioners living in non-CGHS areas. The proposal is to make this scheme voluntary cum contributory for serving employees & pensioners. However, it is proposed to be made compulsory for the new entrants in Government service.

The salient features of the proposed Health Insurance Scheme are as under;

· Optional for serving Central Government employees and pensioners including future pensioners,

CORRIGENDUM OF CGEGIS TABLES 2012

Click here for Corrected table of CGEGIS for the year 2012.

New Delhi, May 10, 2012(PIB): Department of Expenditure, Ministry of Finance’s Memorandum of even no. dated 24th April, 2012, attached the Tables of Benefits for the savings fund of the Scheme for the year 2012 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 on wards and table of benefits based on a subscription of Rs 10/-p.m throughout. 

CGEGIS-Savings fund tables for the year-2012

Click here for CGEGIS-Savings fund tables for year-2012

New Delhi, April 25, 2012(PIB):  The 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 15 per month w.e.f. 1.1.1990 onwards have been prepared for the year 2012 by the Department of Expenditure,Ministry of Finance and the copy of the table is placed below.