Central Government Employees Group Insurance Scheme — Upward revision of rate of monthly subscription — reg.

NFIR
National Federation of Indian Railwaymen.

No.11/43
                                       Dated: 12.06.2012

The Secretary,
Ministry of Finance,
(Department of Expenditure),
Government of India,
New Delhi.

Dear Sir,

Sub: - Central Government Employees Group Insurance Scheme — Upward revision of rate of monthly subscription — reg.

Ref: - Ministry of Finance (Department of Expenditure) OM No.7(1)EV/2008 dated 10th September, 2010.

   NFIR vide letter of even number dated l3th February, 2012 (copy enclosed) had drawn the kind attention of the Hon’ble Finance Minister to the fact that the rates of monthly subscription towards Group Insurance Scheme deducted from the monthly salaries of different categories of Central Government Employees were prescribed way back in the year 1990. Thereafter despite repeated correspondence for a long time with the Government of India to enhance the monthly deduction and upward revision of corresponding maturity value, there are no instructions from the Government. There have been recommendations of Vth & VIth Central Pay Commissions since 1990 but unfortunately no upward revision has been considered by the Government in this direction till date.