Central Government Employees Group Insurance Scheme – Upward revision of rate of monthly subscription

NFIR
National Federation of Indian Railwaymen
(Affiliated to Indian National Union Congress)
(Affiliated to International Transport Workers’ Federation (ITF) London)
No.II/43

Dated – 13.02.2012

Shri. Pranab Mukherjee,
Hon’ble Finance Minister,
Government of India
New Delhi.

Respected Sir,
Sub : Central Government Employees Group Insurance Scheme – Upward revision of rate of monthly subscription – reg.

Ref : Ministry of Finance O.M. No.7(1)EV/2008 dated 10th September, 2010.
NFIR brings to your kind notice that presently the amount deducted towards Group Insurance Scheme from the monthly salary of different categories of Central Government Employees is as under :

S.No.               Category         Amount deducted p.m.

1.                    Group ‘C’                       Rs.30.00

2.                    Group ‘B’                       Rs.60.00

3.                  Group ‘A’                        Rs.120.00

The above table rates were prescribed in the year 1990 and therafter no upward revision has been made. We have been repeatedly representing since long to the Government to enhance the rates of monthly deduction and upward revision of corresponding maturity value. The Government has unfortunately not considered our plea till date.

NFIR once again requests you to kindly intervene and see that the deduction of amount towards Employees Group Insurance Scheme is raised 10 times with the corresponding increase of maturity value.
Thanking you,

Yours faithfully,

(M.Raghavaiah)
General Secretary

Source: NFIR