Andhra Pradesh State Employees Group Insurance Scheme – 1984 – Revised Rate of Interest (@7.9% p.a w.e.f. 01-10- 2019 to 31-12-2019 on Accumulated Savings- Fund Communication of Tables and Benefits for Savings Fund for the Period from 01-01-2019 to 31-12-2019 – Revised Tables
In the reference first read above orders were issued for introducing Group
Insurance Scheme to the State Government Employees in place of Family Benefit
Scheme with effect from 01-11-1984. According to Para 9 of the reference 1st read above,
the accumulations of Savings Fund part and Insurance Fund part shall carry interest at
the rates prescribed by Government from time to time.
2. In the reference second 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.
3. 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 third above orders were issued for revision of rate of subscription
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