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

The above rates were prescribed in the year 1990 and thereafter no upward revision has been made. There have been recommendations of 5th and 6th CPC since 1990 but unfortunately no upward revision has been considered by the Government in this direction till date. The federation requested to the Finance Ministry to kindly intervene the deduction of monthly subscription towards CGEGIS is raised ten times with corresponding increase of maturity value.

Courtesy : http://cgstaffnews.com/