Group Insurance of the Employees of School Education Department and Payment on Retirement

Government of the Punjab School Education department has issued a circular No. SO (A-I) 8-20/2013 dated 24th April 2014 to the Secretary Government of the Punjab Finance Department, Civil Secretariat, Lahore in connection with Claim of Group Insurance on retirement of the Employees of School Education Department and Payment on Maturity Retirement.

Amendment in Federal Employees Benevolent & Group Insurance Rules 1972 wef 1st December 2013

With Reference to Establishment Division, Federal Employees Benevolent & Group Insurance Funds, Office Memorandum No. 18-22/Act-Amdt/Plan/2013 dated 16th December 2013 & Cabinet Secretariat Establishment Division Notification No. 5/19/2012-Admn-III dated 4th December 2013 there has been made amendment in Federal Employees Benevolent & Group Insurance Rules 1972 wef 1st December 2013 and hence the Revised Rates of Group Insurance for FG Employees has been issued.

Group Insurance Monthly Deduction Rates Through Pay Bills

I have already published an article about the Monthly Benevolent Fund Rates for the Federal Government Employees and today I m discussing about the Group Insurance Rates Monthly Deduction through Pay Bills. Many visitors of my site have already asked to provide the Notification/letter about this deduction and on their demand I have published the same at mine site for their information.

Amendment in Federal Employees Benevolent Fund & Group Insurance Rules-1972

Establish Division Federal Employees Benevolent & Group Insurance Funds has made amendment in Federal Employees Benevolent Fund & Group Insurance Rules-1972 vide Notification No. 18-22/Act-Amdt/Plan 2002 dated 23rd November 2012. The new rates will be admissible wef 01-09-2012.

The minimum rates of monthly Benevolent Grant has been raised to Rs.4000/- with the maximum of Rs.10,100/- PM as per the column 5 of Sixth Schedule. In the same way the rates of monthly subscription of Benevolent Fund have also been increased from 2% to 2.40% of the basic pay without maximum limit as per column 4 of Sixth Schedule.