Home7th Pay Commission7th Pay Commission recommendation for CGEGIS

7th Pay Commission recommendation for CGEGIS

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7th Pay Commission recommendation for CGEGIS

Central Government Employees Group Insurance Scheme (CGEGIS): The Rates of contribution as also the insurance coverage under the CGEGIS have remained unchanged for long. They have now been enhanced suitably. The following rates of CGEGIS are recommended:

Present Proposed
Level of Employee Monthly
Deduction (Rs)
Insurance
Amount (Rs)
Monthly
Deduction (Rs)
Insurance
Amount (Rs)
10 and above 120 1,20,000 5000 50,00,000
6 to 9 60 60,000 2500 25,00,000
1 to 5 30 30,000 1500 15,00,000
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1 COMMENT

  1. I have following queries ..

    1. it is compulsory ?
    2. Its life Insurance or Personal Accident Insurance ?
    3. What will happen if the the insured person alive at the time of retirement ?
    4. Premium will remain constant or it will change ?
    5. Sum insured will remain same or will it change ?

    ur early and prompt reply is solicited.

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