Table of group insurance scheme 1987 for 2012-13
October 9, 2012 at 3:14 pm #67970
Government of West Bengal
No.: 7783-F(J) Kolkata. the 11th September, 2012
Subject: State Govt. Employees Group Insurance Scheme, 1987 -Table of Benefits under Savings Fund for the year of cessation of membership 2012-13.
In continuation of this Department’s Memo No. 10286-F(J), dated 14.11.2014, the undersigned is directed to say that a new table of benefits showing accumulations in the savings fund under the abovementioned scheme corresponding to a unit subscription of Rs. 10/- (Rupees Ten) only per month has been drawn up for the period from 01.11.2012 to 31.10.2013 in matching with the table of benefits of the Central Govt. Employees Group Insurance Scheme,1980 circulated under GOIs OM (corri.) No. 7(1)/EV/2012 dated 09.05.2012. A copy of the said table is enclosed as ready reckoner. The figures have been worked out on the basis of interest @ 12% p.a. (compounded quarterly) for the period from 01.11.1987 to 31.10.2001, 11% p.a. (compounded quarterly) from 01.11.2001 to 31.10.2002, 9.5% p.a. (compounded quarterly) from 01.11.2002 to to 31.10.2003, 9.0% p.a. (compounded quarterly) from 01.11.2003 to 31.10.2004, 8.0% p.a. (compounded quarterly) from 01.11.2004 to 31.10.2012 and 8.6% p.a. (compounded quarterly) from 01.11.2012 onwards. The mortality rate continues to remain unchanged.
2. The amounts shown in the table are applicable to a member of Group ‘D’ category. Corresponding amounts for the member of higher groups may be calculated proportionately.
3. It is assumed that subscriptions have been fully realised from salary upto the month in which a member ceases to be in service, failing the same shall be deducted with interest from his/her entitlement.
Sd/- P.N. Samadder
Joint Secretary to the
Government of West Bengal,
Enclosed Table in excel,March 18, 2013 at 7:31 am #77424
Thanks. could you please provide the table for GISS 1983 for 2012-13March 18, 2013 at 2:59 pm #77427September 2, 2013 at 2:16 am #78605
Table of group insurance scheme 1987 for 2012-13September 13, 2013 at 2:13 am #78662
please send Table of group insurance scheme 1987 for 2012-13September 30, 2013 at 7:05 am #78750
Re: Table of group insurance scheme 1987 for 2013-14
@ Goutam Dutta: Download the first post attachment for Table of benefits for 2012-13.
For 2013-14 click: https://wbxpress.com/group-insurance-scheme-1987-table-benefits-year-2013-14/
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