Federal Employees Benevolent and Group Insurance Funds

THE THIRD SCHEDULE (See rule 6A) GROUP INSURANCE

*The rate of contribution to the Group Insurance Fund and the amount of sum assured to be paid to the family of an employee, with effect from 1st January, 1996 shall be as under:-

Sr. No. (1) Monthy Pay (2) Rate of Monthly Contribution (Rs) (3) Sum Assured (Rs) (4)
1 up to 1500 24.50 70,000
2 1501-2000 29.75 85,000
3 2001-2500 35.00 100,000
4 2501-3000 40.25 115,000
5 3001-3500 45.50 130,000
6 3501-4000 50.75 145,000
7 4001-4500 56.00 160,000
8 4501-5000 61.25 175,000
9 5001-5500 66.50 190,000
10 5501-6000 71.75 205,000
11 6001-6500 77.00 220,000
12 6501-7000 82.25 235,000
13 7001-7500 87.50 250,000
14 7501-8000 92.75 265,000
15 8001-8500 98.00 280,000
16 8501-9000 103.25 295,000
17 9001-9500 108.50 310,000
18 9501-10000 113.75 325,000
19 10001-10500 119.00 340,000
20 10501-11000 124.25 355,000
21 11001-11500 129.50 370,000
22 11501-12000 134.75 385,000
23 12001-12500 140.00 400,000
24 12501-13000 145.25 415,000
25 13001-13500 150.50 430,000
26 13501-14000 155.75 445,000
27 14001-14500 161.00 460,000
28 14501-15000 166.25 475,000
29 15001-15500 171.50 490,000
30 15501-16000 176.75 505,000
31 16001 & above 182.00 520,000

 

"THE FOURTH SCHEDULE" [ See rule 6A(3)] GROUP INSURANCE

The amount of sum assured to be paid to the family of an employee with effect from first January, 2006 shall be as under:-

Sr. No. (1) Monthy Pay (2) Rate of Monthly Contribution (Rs) (3) Sum Assured (Rs) (4)
1 up to 1500 24.50 80,000
2 1501-2000 29.75 97,000
3 2001-2500 35.00 114,000
4 2501-3000 40.25 131,000
5 3001-3500 45.50 148,000
6 3501-4000 50.75 165,000
7 4001-4500 56.00 182,000
8 4501-5000 61.25 199,000
9 5001-5500 66.50 216,000
10 5501-6000 71.75 233,000
11 6001-6500 77.00 250,000
12 6501-7000 82.25 267,000
13 7001-7500 87.50 284,00
14 7501-8000 92.75 301,000
15 8001-8500 98.00 318,000
16 8501-9000 103.25 335,000
17 9001-9500 108.50 352,000
18 9501-10000 113.75 369,000
19 10001-10500 119.00 386,000
20 10501-11000 124.25 403,000
21 11001-11500 129.50 420,000
22 11501-12000 134.75 437,000
23 12001-12500 140.00 454,000
24 12501-13000 145.25 471,000
25 13001-13500 150.50 488,000
26 13501-14000 155.75 505,000
27 14001-14500 161.00 522,000
28 14501-15000 166.25 539,000
29 15001-15500 171.50 556,000
30 15501-16000 176.75 573,000
31 16001 - 16500 182.00 590,000
32 16501 - 17000 182.00 607,000
33 17001 - 17500 182.00 524,000
34 17501 - 18000 182.00 641,000
35 18001 - 18500 182.00 658,000
36 18501 - 19000 182.00 675,000
37 19001 - 19500 182.00 692,000
38 19501 & above 182.00 700,000

 

 

THE EIGTH SCHEDULE

[See rule 6A(4)] GROUP INSURANCE

The rate of contribution to the Group Insurance Fund and the amount of Sum Assured to be paid to the family of an employee, with effect from First day of December, 2013 shall be as under:

Sr. No. (1) Monthy Pay (2) Rate of Monthly Contribution (Rs) (3) Sum Assured (Rs) (4)
1 Upto 5,000 381 350,000
2 5,001-10,000 436 400,000
3 10,001-15,000 490 450,000
4 15,001-20,000 545 500,000
5 20,001-25,000 600 550,000
6 25,001-30,000 654 600,000
7 30,001-35,000 709 650,000
8 35,001-40,000 763 700,000
9 40,001-45,000 818 750,000
10 45,001-50,000 872 800,000
11 50,001-55,000 926 850,000
12 55,001-60,000 981 900,000
13 60,001-65,000 1,036 950,000
14 65,001& above 1,090 1,000,000

Provided that the revised rates of Sum Assured shall be admissible to the Federal Government non-gazetted employees (BPS-1 to BPS-15 or equivalent) from the First day of July, 2014 on receipt of contribution from the Finance Division at the revised rates in respect of such employees.

"THE FIFTH SCHEDULE" ( See rule 23) LUMP SUM GRANT ON INVALID RETIREMENT

A lump sum grant shall be paid to an invalid employee with effect from first January, 2006 shall be as under:-

Sl. No. (1) Monthly pay (Rs.) (2) Lump sum grant on invalid retirement (Rs.) (3)
1 up to 1500 35,000
2 1501-2000 42,500
3 2001-2500 50,000
4 2501-3000 57,500
5 3001-3500 65,000
6 3501-4000 72,500
7 4001-4500 80,000
8 4501-5000 87,500
9 5001-5500 95,000
10 5501-6000 102,500
11 6001-6500 110,000
12 6501-7000 117,500
13 7001-7500 125,000
14 7501-8000 132,500
15 8001-8500 140,000
16 8501-9000 147,500
17 9001-9500 155,000
18 9501-10000 162,500
19 10001-10500 170,000
20 10501-11000 177,500
21 11001-11500 185,000
22 11501-12000 192,500
23 12001-12500 200,000
24 12501-13000 207,500
25 13001-13500 215,000
26 13501-14000 222,500
27 14001-14500 230,000
28 14501-15000 237,500
29 15001-15500 245,000
30 15501-16000 252,500
31 16001 & above 260,000

 

"THE NINTH SCHEDULE" ( See rule 23(2)) LUMP SUM GRANT ON INVALID RETIREMENT

A lump sum grant shall be paid to an invalid employee with effect from First day of December, 2013 shall be as under:-

 

Sl. No.
 Pay Scales
 Amount (Rs.)
1

BPS-1 to BPS-10 or equivalent

 150,000
2 BPS-11 to BPS-16 or equivalent 210,000
3 BPS-17 to BPS-19 or equivalent 270,000
4 BPS-20 to BPS-22 or equivalent 390,000

The revised rate of Lump sum grant on invalid retirement shall be admissible to the Federal Government non-gazetted employees (BPS-1 to BPS-15 or equivalent) from the First day of July, 2014 on receipt of contribution from the Finance Division at the revised rates in respect of such employees.

Burial Charges Rs. 10,000 w.e.f., 21.04.2011

Marriage Grant Rs. 50,000 w.e.f., 21.04.2011

2012 © Copyright. All Right Reserved By Federal Employees Benevolent and Group Insurance Fund