You are on page 1of 2
| G.O.Ms .No. (26) Dy 7, * Be Ne iG) GOVERNMENT OF ANDHRA PRADESH e sSPRACE: INSURANCE ~ 4.P.G.L,I,Fund Rules - Ceiling Limit on the maximum premium payable to A.P.G.L.I. Fund ~ Orders - Issue PINANCE aAND PLaNNING (Fi aDMN IL) DEPani Nn wT. 122-02-1995. salads Te Regd the tollewingt 1.G.0.Ms.No.420, Finance (Pen.II)Department dated 22-11-1971. 2.0.0.Ms.No.198, Fin, & Plg. -(FW.admn.IIL)b. dated 12-7-1991, -3.Governnent Mem) .No.16156=1/23/ndma 111/88, dated ‘23-05-1992. ee 000:~ ORDE Ri- ei In the G.0. second read above, Government hive constituted a Committed to review the workiny of the ».P. Government Life Insurance Scheme and make suftatle recommon~ dations theretqe-" . oe As per the Government ‘ordsrs first read above, aperson who desires to pay more than the compulsory premium is alicved wee seetrgute upto 12% of his pay or of the mxiaun of the scal> attached to the post substantively held ty hin on voluntary rasis. 3. ‘The Director of Inguyaree has state? that the employees Unions have représented to incrdase the maximum premium payatle to the A.P.G.L.I. Fund from 12%,to 20% in order to enhance the savinz atilities of the employeds and also + to provide higher amount of Insurance cover to the deceased employees who “ie while in service. Further, the calculat: Of maximum premium on the tasis of maximun scale of sutst. itive post found in consistant ut the present circumstances, as the employee.: are not Showin; their sutstantive posts in the proposal forms. as such, the Director of Insurcnes has proposed for remyval of guch wording from the Fund Kules- He has aiso stated that the Cluss-IV employees are mvt giver the bene/it of payment of maximum premium under the existing Rules anl' therefore prop9sed to increase the maxinum premiur. from 12% to 20% of the pay of the employee irrespective of cadre extending the benefit Class IV employees. , 4 ‘The Committee gone into the details of the proposal of Director of Insurance and recommended to accept the proposal submitted by him. 5 Government have accepted the recommendution of the Commattee and hereby order that a yerson whethor superior nrade Contd. employee cr Class-IV employee who desires to pay more may ke allowed to cuntritute upto 20% of his pay subject to medical examination at the distretion of the Director’ of Insurance. 63 Necessary amendments to the “A.P.G.L.I..Fund Rules will te issued separately. ‘ ‘ (OY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) . Mass P.V.s GHIDE, SECKETARY, TO GOVEKNMENT . To : : rac The Director of Insurance, Govt. of a.P,, Hyderabad. #11 the Departments of Secretariat. nt all the Heads of Departments. t All the District Collectors. ‘) + #ll the District Treasury Officerss ©... pdsvoreesneds The Director of Treasuries & accounts, A.P.,Hyderabad. The Pay.& Accounts Officer, a.P., Hyderatad. The accountant Generql, a.P., Hyderatad. : nibs | BY ORDER// * 17 Re Segnesstr aie, trom //ORWARDED?

You might also like