Public Services – Employees Welfare Scheme – Andhra Pradesh State Employees Group Insurance Scheme – 1984 – Revised Rate of Interest on accumulated Savings Fund Communication of Tables of Benefits for Savings Fund for the Period from 01.04.2014 to 31.03.2015 – Revised Tables – Orders – Issued
Finance (Admn 2) Department, G.O.Ms.No.90, Dated 01.05.2014
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. Accordingly to Para 9 of the above Order, the Accumulations of Savings Fund Part and Insurance Fund Part shall carry Interest at the Rates prescribed by Government from time to time.
2. In the reference 2nd read above, Orders were issued for apportioning the Subscription of each unit of Rs. 10/- between Insurance Fund and Savings Fund in the Ratio of Rs. 3.125/- and Rs. 6.875/- respectively.
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