Central Government Employees Group Insurance Scheme (CGEGIS): Views of Indian Audit & Accounts Department

Central Government Employees Group Insurance Scheme (CGEGIS): Views of Indian Audit & Accounts Department

The following rate of contribution and insurance coverage has been proposed by the 7th CPC;

Level Of Employees	Present		Proposed
	Monthly Deductions	Insurance Amount	Monthly Deductions	Insurance Amount
10 and above	120	1.20 Lakh	5000	50 Lakhs
6 to 9	60	60,000	2500	25 Lakhs
1 to 5	30	30,000	1500	15 Lakhs

Views of Indian Audit & Accounts Department

Since, there is steep rise in the monthly deductions, the following deductions and insurance amount is proposed:

Level Employees	Present		Proposed
	Monthly Deductions	Insurance Amonut	Monthly Deductions	Insurance amount
10 and above	120	1.20 Lakh	1500	15 Lakhs
6 to 9	60	60,000	750	7.5 Lakhs
1 to 5	30	30,000	350	3.5 Lakhs

Source: https://drive.google.com/file/d/0B7nIuoyYNiJUZkdmYWQySk1QTnM/view