Central Government Employees Group Insurance Scheme 1980: Savings Fund Benefit Tables (Jan–Mar 2026)

No. 7(1)/EV/2023
Government of India
Ministry of Finance
Department of Expenditure
E-V Branch

New Delhi, the 07th April, 2026

OFFICE MEMORANDUM

Subject: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.01.2026 to 31.03.2026.

The Tables of Benefits for Savings Fund to the beneficiaries under the Central Government Employees Group Insurance Scheme- 1980, which are being issued on a quarterly basis from 01.01.2017 onwards, as brought out in this Ministry’s OM of even number dated 17.03.2017, for the quarter from 01.01.2026 to 31.03.2026, as worked out by IRDA based on the interest rate of 7.1% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(3)-B(PD)/2023 dated 09.01.2026, are enclosed.

2. The Tables enclosed are of two categories as per the existing practice. As hitherto, the first Table of Benefits for the savings fund of the scheme is based on the subscription of Rs.10 p.m. from 1.1.1982 to 31.12.1989 and Rs.15 p.m. w.e.f. 1.1.1990 onwards. The second Table of Benefits for savings fund is based on a subscription of Rs.10 p.m. for those employees who had opted out of the revised rate of subscription w.e.f. 1.1.1990.

3. In so far as the persons serving in the Indian Audit and Accounts Department are concerned, these Orders are issued in consultation with the Comptroller and Auditor General of India, as mandated under Article 148(5) of the Constitution of India.

4. Hindi version of these orders is attached.

(Praveen Ranjan)
Director

To

1. All Ministries/Department of the Central Government as per standard list.

2. Copy with spare copies for information and necessary action to C&AG, UPSC, all State Government etc. as per standard list.

CENTRAL GOVERNMENT EMPLOYEES GROUP INSURANCE SCHEME 1980

1. Contribution @ Rs. 10/- P.M upto 31.12.89 and Rs. 15 throughout after 1.1.90
2. Accumulated value of contribution from 1st January of year of Entry to the month and year of cessation

Year of cessation of membership – 2026
Month of cessation of membership

Note: Basis Used

*Interest p.a compounded quarterly

Additional Notes:

• Interest is compounded quarterly
• Savings Fund proportion:
  • 68.75% (01.01.1982 to 31.12.1987)
  • 70% onwards (from 01.01.1988)
• Insurance Fund proportion:
  • 31.25% (1982–1987)

CENTRAL GOVERNMENT EMPLOYEES GROUP INSURANCE SCHEME 1980

• Contribution @Rs. 10/- throughout
• Accumulated value of contribution from 1st January of year of Entry to the month and year of cessation

Year of cessation of membership – 2026
Month of cessation of membership

Note: Basis Used

*Interest p.a compounded quarterly

• Interest p.a. compounded quarterly
• Savings Fund:
  • 68.75% (01.01.1982 to 31.12.1987)
  • 70% (from 01.01.1988 onwards)
• Insurance Fund:
  • 31.25% (01.01.1982 to 31.12.1987)
  • 30% (from 01.01.1988 onwards)