Employees-GIS–1984-Revised-Interest-7.9%-01-07-2019-to-30-09-2019

Employees-GIS–1984-Revised-Interest-7.9%-01-07-2019-to-30-09-2019

GIS GO MS 2, Revised Rate of Interest (@7.9%p.a  w.e.f 01-07-2019 to 30-09-2019 on Accumulated Savings Fund Communication of  Tables of Benefits for Savings Fund for the Period from 01-01-2019 to 30-09-2019*– Revised Tables – Order–Issued.*

Employees Welfare Scheme – Andhra Pradesh State Employees Group Insurance Scheme – 1984 – Revised Rate of Interest (@7.9%p.a w.e.f 01-07-2019 to 30-09-2019 on Accumulated Savings Fund Communication of Tables of Benefits for Savings Fund for the Period from 01-01-2019 to 30-09-2019 – Revised Tables-  Order–Issued.

In the reference 2nd read above, orders were issued for apportioning the subscription of each unit of Rs.10/- between Insurance Fund and Savings Fund in the ratio of Rs.3.125/- and Rs.6.875/- respectively.

In terms of the recommendation of the Committee constituted to review the working of the Andhra Pradesh State Employees Group Insurance Scheme in Government orders 3rd above orders were issued for revision of rate of subscription each unit from Rs.10/- to Rs.15/- with effect from 01-11 1994.

The apportionment of the subscription of each unit Rs.15/- between Insurance Fund
and Savings Fund was fixed in the ratio of Rs.4.50/- and Rs.10.50/- respectively with effect from 01-11-194.

The amount of Insurance coverage will be Rs.15,000/- for each unit of subscription.

FOR MORE DETAILS G.O.MS.NO.2 DOWNLOAD CLICK HERE PDF