GIS Rate of Interest revised rate @ 8 % p.a w.e.f 1st Oct 2018 to continue up to 30-06-2019 G.O.MS.No. 131 Dated: 27-09-2019

GOVERNMENT OF ANDHRA PRADESH
ABSTRACT PUBLIC SERVICES

– 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.

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FINANCE(ADMIN.III-DI, DSA) DEPARTMENT

GIS Rate of Interest revised rate @ 8 % p.a w.e.f 1st Oct 2018 to continue up to 30-06-2019 G.O.MS.No. 131 Dated: 27-09-2019

Read the following:

1) G.O.Ms.No.293, Finance & Planning (FW.Accts.II) Dept., dated: 08.10.1984.
2) G.O.Ms.No.312, Finance & Planning (FW.Admn.II) Dept, dated: 06.11.1984.
3) G.O.Ms.No.367, Finance & Planning (FW.Admn.II) Det, dated: 15.11.1994.
4) G.O.Ms.No.111, Finance (Admn.DI&IF) Dep., dated: 11-07-2017
5) G.O.Ms.No.122, Finance (Admn.DI&IF) Dep., dated: 19-07-2017
6) G.O.Ms.No.3, Finance (Admin-III) Dep., dated: 26-01-2018.
7) G.O.Ms.No.96, Finance (HR-5-Pension ,GPF) Dep., dated: 24-01-2018
8) G.O.Ms.No.51, Finance (Admin-III) Dep., dated: 24-04-2018.
9) G.O.Rt.No.1204, Finance (HR-5-Pension ,GPF) Dep., Dated: 22-05-2018.
10) G.O.MS.No. 156 ,Finance (Admn-III) Department., Dated: 28-09-2018.
11) G.O.Rt.No.2119, Finance (HR-4-Pension.II ,GPF) Dep., Dated: 17-12-2018 .
12) G.O.MS.No.19 ,Finance (Admn-III) Department., Dated:13-02-2019.
13) G.O Rt.No.110, Finance (HR-IV-Pension.II ,GPF) Dep., dated 24.01.2019.
14) G.O Rt.No 950, Finance (HR-IV-Pension.II ,GPF) Dep., dated 01.05.2019.

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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. 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.

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