GIS Interest Rates from 1st Oct 2018 to 30-6-2019 at 8% per annum GO 131

GIS Interest Rates from 1st Oct 2018 to 30-6-2019 at 8% per annum GO 131. Employees Welfare Scheme – Andhra Pradesh State Employees Group Insurance Scheme – 1984 –Rate of Interest revised rate @ 8% p.a w.e.f 1st Oct 2018 to continue up to 30-06-2019 on the Accumulated Savings Fund - Communication of Tables of Benefits for Savings Fund for the Period from 01-01-2019 to 30-06-2019 – Revised Tables – Order–Issued. FINANCE(ADMIN.III-DI, DSA) DEPARTMENT G.O.MS.No. 131 Dated: 27-09-2019 Download the GIS Interest Rates from 1st Oct 2018 to 30th June 2019 Tables

GIS Interest Rates from 1st Oct 2018 to 30-6-2019 at 8% per annum GO 131

Read the following:
  1. In the reference 1st read above, orders were issued 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 for the rated prescribed by Government from time to time.
  2. 2. In the reference 2nd read above, orders were issued for apportioning the subscription the each unit of Rs 10/- between Insurance fund and Savings fund in the ratio of Rs 3.125 paisa and Rs 6.875 paisa respectively.
  3. 3. In The reference 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 01-11-1994. The amount of Insurance coverage will be Rs.15,000/- for each unit of subscription.
  4. 4. The rate of interest on accumulations of Savings Fund of the Member of the Scheme and the interest on the Insurance Fund from time to time is as follows:
Financial Year Rate of Interest Government Order
01-04-2013 to 31-03- 2016
8.7%
G.O.Ms.No.2142, Finance( HR .5.Pen.GPF) Department, dated: 30-04- 2013*
01-04-2016 to 30-06- 2016
8.1%
G.O.Rt.No.1638, Finance( HR .5.Pen.GPF) Department, dated: 27-06-2016
01-01-2017 to 31-03- 2017
8.0%
G.O.Ms.No.318, Finance( HR .5.Pen.GPF) Department, dated: 22-02-2017
01-04-2017 to 30-06- 2017
7.9%
G.O.Ms.No.1171, Finance( HR .5.Pen.GPF) Department, dated: 17-05- 2017
01-07-2017 to 31-12- 2017
7.8%
G.O.Ms.No.2087, Finance( HR .5.Pen.GPF) Department, dated: 31-10- 2017
01-01-2018 to 31-03- 2018
7.6%
G.O.Rt.No.96, Finance( HR .5.Pen.GPF) Department, dated: 24-01-2018
01-04-2018 to 30-06- 2018
7.6%
G.O.Rt.No.1204, Finance( HR .5.Pen.GPF) Department, dated: 22-05-2018
01-10-2018 to 30-06- 2019
8.0%
G.O.Rt.No.2119, Finance (HR-4-Pension.II ,GPF) Dep., Dated: 17-12-2018, GO Rt No.110 Finance (HR-4-Pension.II ,GPF) Dep., dated 24.01.2019, and G.O Rt No.950 Finance (HR-4-Pension.II ,GPF) Dep., dated 01.05.2019. 
  • Government have constituted a committee for preparation of Tables for calendar year 2016 onwards on par with CGEGIS tables. The Committee has prepared a simplified table for maturity value of one unit for the calendar year
  • 2016 and in Continuation of the government orders the table for 1st Quarter and 2nd Quarter of 2019 is prepared at the applicable interest rates 8.0% pa

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