IndiaH)Sl

STCTlFct~dfl DEi'ARTMENT OF POS [-S

~ ~~ ~ CfiT Chi </1 (>l<01,q~Jfim GfdTlN ~OFFICE OF THE CHIEF POSTMASTER GENERAL, WEST BENGAL CIRCLE

q)I(>lChICiI/KOLKATA -700012

Under El'1.!:Y

ToJ). The PMG, Kolkata Region, Kolkata-700012,2). The PlVlG,South Bengal Region, Kolkata-700012.3). The PMG, North Bengal Region, Siliguri-734001,4). The PMG, Sikkim Region, Gangtok-73710 1.5). The P]\lG, A&NIslands, Port Blair-7441 0 1.6). The GM (PA& F), W.B.Circle, Kolkata-700012.7). The SSRM, A,P,Sorting, Kolkata-700028.8). The SSRM, Kolkata RMS, Kolkata-70000 1.9). The SSRM., WB Division, Hovnah-711101.J 0). The SRfV{"7H'Division, Kolkata-700004.

"J J). The SRM, RMS "SB" Division, Howrah-711101.J :2). The Supdt. PSD, Kolkata-700002.13). The SupdL Foreign Post, Kolkata-700001.14). The Sr. Manager, MMS, Kolkata-700015.

No: A&P/A/CGEGIS'SO/Rlg Dated at Kl)lkata-7000 12, the '2S.03.17

SL:b: Central Govt.Ern plvees Group insurance Schern-: 19S0-Table of Benefits inl['.;pect of Savings Fund ncournulations during 01.01.::2(: !7 to 31,12,2017 -reg.

Enclo: As above

of Directorate's C:ommunication No,F,No.2S­subject for inforruatiorr/ guidance and taking

L-(J. Barua)fIt_;I<01Ch ~~TCh" srq:l *'m ~

(Assistant Director of Postal Services(A/Cs)... -' (

Cllfl,cCHIfI,6{ ~ CfiT ChI<01I(>l<01CJiO the Chief Postmaster General

q~Jfim ~;i ~/West Bengal Circle

1 am directed to forward a copy01/2017-PAP dtd 21.03.17 on the abovenecessary action.

r.T.o .

Postal Stores Depot, Kolkata Department of Post

India Post

(2)

Copy to :-

~DPS (TO) , % the Chief Postmaster General, W.B.Circle, Kolkata-700012 for up-loading in W.B.Circle Website positively.

U/ E.2). The Secretary, National Association of Central Govt Pensioners, 1, A.Sen Road,Flat-4/D, Kolkata -700048 for information

U/E. 3). The General Secretary, Co-Ordination Committee of Central Govt. PensionersAssociations, West Bengal Circle, K.G.Bose Bhawan, 68/B, Malanga Lane, Kolkata-700012for information.

U/E. 4). The Secretary, Postal Pensioners Welfare Association, W.B.Circle, C/o RajatS.Das, Bidhanpally , P.O. Madhyamgram , Kolkata-700129 for information.

U/E. 5). The AD(OL), % the Chief PMG, Kolkata-12. He is requested to translate the abovecirculation letter in Hindi Version.

Enclosure :- As above.

L,(J. Barua)

'f1~ I~q; fa1a:~TCh' 5'TCh' ~ ~(Assistant Director of Postal Services(A/Cs)

q1~tC:<HI~tC:{~ 'ChT q;1~~~'~0/0 the Chief Postmaster General

q~1fi'm' ~dTf(>f~!West Bengal Circle.

Postal Stores Depot, Kolkata Department of Post

\'\.~~~./'W ,,~"~;~ii~:,>:;:00.·h-(~I:x- /A'\~ .v'' ' .•. _,., ": ~

%~_Q/1O. Il~:," _. ~:;\\'w .~~ ,1(,.:. .. ' _~, ~/ -:/ c:: . \) . >\ \v'\1' F.No,28-01/2017-PAP f'~~.r 24 MAR2()ll' ~ l'ZJ ./ OJ'-~ .< 0~ ') Government of India \:'~:., I ~~.:;~~ / Ministry of Communication & IT )J. .: /;~

~ \.0<.. Department of Posts \ ,', . ~;. .;/~ 0'\' (Establishment Division)/PAP Section ~'.,. . ~.tv1\ Oak Bhawan, Sansad Marg, New Delhi - 110 001 '~.•..-....

****L To

Dated, the ~March, 2017.

ALLCHIEFPOSTMASTERsGENERAL,DIRECTOR,RAKNPA,GHAZIABAD,ALL POSTMASTERsGENERAL,ALLDIRECTORSOF PTCs.

Subject: Central Government Employees Group Insurance Scheme, 1980 - Table of Benefits inrespect of Savings Fund accumulations during 01.01.2017 to 31.03.2017 - reg.

I am directed to forward herewith a copy of the Ministry of Finance, Department ofExpenditure's OM No. 7(2)/EV/2016 dated rz" March, 2017, containing therewith the Tables ofBenefits from the Savings Fund accumulations under the Central Government Employees GroupInsurance Scheme, 1980 for the period from 1st January, 2017 to si" March, 2017(Le. for the firstQuarter) for information and necessary action.

(K.V. . yakumar)Assistant Director Ge eral (Estt.)

Tele No. 011 - 303 6268End: As above.

Copy to

1.20 OSDto Secretary (P)/PPS to all Members (PSB)/CGM (BD)/CGM (PLO)/CGM (MB).21. JS& FA (Posts), Secretary (PSB),22-26.GM (Finance), BD, DTE/IFA to Secretary (PSB)& Director (TC), Director (FA).27. Director General of Audit (P&T), Civil Lines, Delhi -110054.28-47.AII D.Ds.G., in Postal Directorate.48-S0.Director (Budget & Admn.)/Director (IA)/ACAI (PA- Admn.), Postal Directorate.51. ADG (PENSION), Postal Directorate.52-76.AII recognized Unions of Federations.77-100Guard File /Spare101. DEPTTLWEB SITEThrough: CEPTMYSORE.

6t~ULJ4~k4~~""(Narender Prakash)

Section Officer (PAP)Tel. No. 011 - 23036278

.I

""""

No.7(2)/EV/2016C'...overnmentof IndiaMinistry ·of Finance

DepartllleIJt of Expenditure*********

H~New Delhi, then'March, 2016

OF}'ICE MEMOR.4.NDUMSub: Central Government Employees Group Insurance Scheme~1980_ Tables of

Uenefits for the s3vingsfund for the period from 01.01.2017 to 31.03..2017.

....~~~..~., ~ .Every year two Tables of Benefits are issued by the Ministry of Finance on

calendar year basis for the savings fund to the beneficiaries under Central GoverumemEmployees Group Insurance Scheme (CGEGIS-1980). While one Table of Benefits for theSavings fund of the Scheule is based on a subscription ofRs.10 pel' month from 1.1.1982 to31.12.1989 and RsJ 5 per month w.e.f L 1.1990 onwards, the ot11erTable of Benefits forthe savings fund is based on a subscription of Rs.IO per month for those employees whohad opted out of the revised rates ofsubscripHon w.e.f 1.1.1990.

2. The Tables of Benefits under eGEOlS-30 are prepared by IRDA based on therate of interest notified by DEA for small savings including GPF. Earlier, DEA used tonotify the interest rate on financial year basis. However, DBA has now shifted to notifyingthe interest rate on quarterly basis. In view of this, it has been decided that the Table ofbene..1itswill be issued on quarterly basis commencing from 1.1.20] 7 to 31.3.2017.

3.. The Two Tables under CGEGIS-SO for the first quarter of the year 2017 i.e.01.01.2017 to 31.03.2017, prepared by TRDA, are enclosed. The benefits in the Tables havebeen worked out on the basis of interest @ 8% per annum (compounded quarterly), asnotified by Department of Economic Affairs.

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

5. In its application to the employees of'Indian Audit. and Accounts Department thisOffice Memorandum issues in consultation with tile Comptroller and Auditor General of·1'1' .. / ....'.j.n( la. / J

( IW/.".<::::::~..

(AMAR NATH SINGH)DIRECTOI~

An MinistrieslDellartmellts of the Central Government as per standard list.

Copy with spare copies fur infonuation and necessary action to C&AG, UPSC, allState Governments etc. as per standard list.

NrC, Ufo Expenditure for uploading the same on the website of M/o Finance.

/b'"'"

.•/

Y{!df of cessation of membership ..2017

1983 22.'123.602Q464.65

J.NTFI/\l. CiOVERNMENT EMPLOYEESGROUP INSURANCE SCHEME 1980Contribution @ Rs. 10/ throughoutilccuml,.;i,lled value of contribution from Ist January of year of Entry to the month and year of cessation

Month of cessation ot membershipYear of f:ntry Jan ..F~)b Mar

19B? 25649.59

[lasis Us(~dFromi.i.sz1,1,83r.i.s>1.1.0.1

11.02).L03L1 ()4

19851986

182.58,2616277.00145014612917.5311484.75

19871988

1991;99219(D

1O.?0951SO}S 84

8069·927178.956383.795678.05505214(t496Ag4001.503560.81.3174.83.2829522518.88

19941995.19951.9-971998

2.001200.2:>'003 2238.742004 1983.03

1747.S)

1.530.6.'2'1329.911144.49

20062.0072.00il

973.1.9314,94

2.011 668.7420:12 .533,56)OJ.3 409.35

;:95.392Gl{~lQl~) 190.,8820H; 94.99201'/ 7,00

TO3'1.12,823112.8631.12 0031.12.0131.,12,023.1.12.0330.1L11

25826.56 26004.602308241 23242,282050713 20750;61318386.18 18514.941639L80 165073614604.50 14708.2.2BOlO.OS 131032411567 ..81 116S1A210284.12 10359239142.95 9210.50813.0.36 8191,217233.50 72.88.406433.07 6482.685722.65 5767.555092:60 513'3.324533.26 .4570.284035.00 4068,733591.39 3622.183202.86 323.1.072855.26 288Ll!2542,56 2566.402260.56 2282532003.16 2023,4317664S 1785.151547.76 ... 1565.011345,72 1361:631159.01 1173.75986.64 1000.17827 31~ 839.81.680.16 G~" /,"'"'1';'.LOJ

544 09 554,.70419.06 428.84304.35 313.35199.1.4 207.46:lO2 51 110.2914,05 J'1 i,l!

..... ,J.•• ..l.'1.

Interest*1000%11.00%12.009'1;11.00%9.50%9.00%8.00%

Savings Fund:

insuranceFund:

From1.12 11

To31,03.12

Interest'"860%8.80%8,70%8.10%8.00%8.00%

68.75%from 1.1.82 to 311'70%from 1.1.88 and onwa«

31.2S%frorn U.B2to 311.230% from 1.1.88 and 01Wi,F

* Interest fUJ compounded quarterly

01.04.2012 31.03,2Q131.4.2013 31.03,201601.04.2016 30J)9 201601.:0.2016 31.12.201601.01.2017 31.03.2017

-- __ --_._--_._ .._---~~~--,.}---;S, l-.._....-..JA' - .-., .:. _" .. -'_'

~tNTriAL GOVERNMENT EMPLOYEES GROUP INSURANCE SCHEME 1980Contribution @ ns. 10/- p_rviupto 31.12;89 and Hs. 1.5throughout after 1.1.90

i\ccurnulilted valu(! of contribution from 1st January of year of Entry to the month and year of cessationYparof cessation of membership - 2017Month of cessation of membership

Year of Entrv Jan Feb Mar19132

1986198719B819891990199·1199219931994199519961.99"719981999;>000.ZOOI2002iCO]2004

20052006200,2C0820Q920102D11~'012:WB201.4-20'[S

201h2017

nil.si~~UsedFrorn

1.1.82

1.1.871.1.0.1

1.1.03J 1.0-1

1985

307578-0 30972,00 31187.6228029.14 28225,27 28422_7025Sn.18 25752_03 25933.08:l3363_54 23528,77 23695.0921388,62 21.540.77 21593.9319612.36 1975'2.75 19$94.0618025,00 18155.88 182'86_6216591.55 16711,93 16833.11J5320.71 15432,67 15545.3813620,41 1372111 13822 AS1211585 1220659 12297,9310771,97 10853:81 10936,199582,93 9656,39 9731.353S2S3-5 8592.31 8659,727587,56 764831 7709,466749,09 6804.29 6859,856009,96 6060.26 6110,905346,78 5392_69 5438,914762.<19 4804_53 4846_8,5'1242.47 4281,(}6 4319,913780,87 3816.41 3852.193356'_36 3389,09 3422,032.971L54 3004.74 3035,.142621_81 2549.57 2577.722295_93 232.1,64 2347.511994,87 2018,58 2042.451716,74 1738.61 1750,621459,79 1479_96 1500.261222.41 124100 1259.721003_10 1020,25 1037.50800.31.1 816,14 832_04614_02 62859 643.25443,09 456,52 470,0528'6.32 298.71 311-.19142.4.8 153,92 165.441050 2.1.07 31 71

Insurat:.ce Fund:

Savings Fund;

To31.128231128631-12,00

!nteH!st~10.00%ll,OO%12,00%11 00%950%9.00%0,00%

From To Interest*1.12,11 3.1.03,12 8.60%01.04.2012 31.03.2013 8_80%1.42013 31.03,2016 8.70%0104.2016 30092016 8.10%01.10.2016 3112,2016 8.00%0101.2017 3103,2017 8,.00%

31.1.2.01311L023L12,0330_11 11

* interest p.a compounded quarterly

68,75% from L 1 82 to 31.1.70%from 1,1,88 and OnWClr<

31,25%from 1..1.82 to 31 1.230% from :1:1.88ilnd orWiar