Increase in Group Insurance Scheme for Tamilnadu Govt Employees

Group Insurance Scheme for Tamilnadu Govt Employees – Enhancement of lumpsum payment from Rs.1,50,000/- to Rs.3,00,000 –  Orders Issued.

Tamilnadu Government has issued orders for Enhancement of lumpsum payment from Rs.1,50,000/- to Rs.3,00,000/- in respect of employees of Local Bodies, Aided Schools, Aided Colleges, Aided Technical Education Institutions including employees working under Nutritious Meal Programme, Panchayat Assistant/ part time clerks and other part-time employees like Sanitary Workers,  Over Head Tank / Power Pump Operators drawing consolidated pay / honorarium.

 

FINANCE [Pension] DEPARTMENT

G.O.No.58, Dated 22nd February 2016.

(Manmatha, Maasi-10, Thiruvalluvar Aandu-2047)

ABSTRACT

GIS – GROUP INSURANCE SCHEME for employees of Local Bodies, Aided Schools, Aided Colleges, Aided Technical Education Institutions including employees working under Nutritious Meal Programme, Panchayat Assistant/ part time clerks and other part-time employees like Sanitary Workers,  Over Head Tank / Power Pump Operators drawing consolidated pay / honorarium – Enhancement of lumpsum payment from Rs.1,50,000/- to Rs.3,00,000/- – Orders – Issued.

Read :

1. G.O.Ms.No.1515, Finance (Pension) Department, dated: 03-12-1973.

2. G.O.Ms.No.171, Education Department, dated: 02-02-1974.

3. G.O.Ms.No.1383, Rural Development and Local Administration Department, dated: 31-05-1974.

4. G.O.Ms.No.1386, Rural Development and Local Administration Department, dated: 31-05-1974.

5. G.O.Ms.No.1680, Rural Development and Local Administration Department, dated: 17-07-1974.

6. G.O.Ms.No.1471, Finance (Pension) Department, dated: 04-12-1974.

7. G.O.Ms.No.10, Finance (Pension) Department, dated: 02-01-1978.

8. G.O.Ms.No.132, Finance (Pension) Department, dated: 21-02-2006.

9. G.O.Ms.No.57, Finance (Pension) Department, dated: 22-02-2016.

-oOo-

ORDER :

The Tamil Nadu Government Servants’ Family Benefit Fund Scheme, subsequently renamed as the Tamil Nadu Government Servants’ Family Security Fund Scheme was extended to the employees of local bodies and the teaching / non-teaching staff of the aided educational institutions. In the Government Order sixth read above, as both the Government of India and the Life Insurance Corporation of India had pointed out that the Family Benefit Fund Scheme was not in consonance with the Life Insurance Corporation of India Act, 1956, the employees of local bodies and aided educational institutions were brought under Group Insurance Scheme administered by the Life Insurance Corporation of India.

2. In the Government Order seventh read above, Government introduced the revised Group Insurance Scheme for the employees of all local bodies and the teaching / non-teaching staff of the aided educational institutions with effect from 1-1-1978. According to the revised Group Insurance Scheme, the employees of Local Bodies and Aided Educational Institutions have to contribute a sum every month as fixed by the Government. The excess of premium payable to the Life Insurance Corporation of India over and above the contribution of the employees has to be shared among the Government, Local Bodies and the Management of aided educational institutions on a net cost basis.

3. As and when the monthly contribution and lumpsum amount payable under TNGSFSF Scheme were revised, the monthly contribution and lumpsum amount payable under GIS were also revised from time to time. In the Government Order eighth read above, a sum of Rs.30/- p.m. is deducted as subscribers contribution and a sum of Rs.1,50,000/- is paid as lumpsum amount directly paid by the LIC of India in the event of death of the subscribers under Group Insurance Scheme.

4. The Hon’ble Chief Minister of Tamil Nadu has made an announcement under Rule 110 of Tamil Nadu Legislative Assembly Rules on 19-02-2016 to enhance the lumpsum amount payable under Group Insurance Scheme to Rs.3,00,000/- and to deduct Rs.60/- per month from the salary of Employees of Local Bodies & Aided School Teachers, Employees working under Nutritious Meal Programme, Employees of Village Panchayats, Employees of Aided Colleges and Employees of Aided Technical Educational Institutions.

5. Accordingly, the Government issues the following orders:-

(i) In the case of death of an employee while in service, a sum of Rs.3,00,000/- ( Rupees Three Lakh only) shall be paid to the legal heirs directly by the Life Insurance Corporation of India. The institutions shall follow the existing procedure in claiming the amount from Life Insurance Corporation of India.

(ii) The employees of Local Bodies, Aided Schools, Aided Colleges, Aided Technical Education Institutions including employees working under Nutritious Meal Programme, Panchayat Assistant / part time clerks and other part-time employees like Sanitary Workers, Over Head Tank / Power Pump Operators drawing consolidated pay / honorarium shall contribute Rs.60/- p.m. with effect from February 2016. These contributions shall be credited into Government account.

(iii) This order shall take effect from 1-2-2016.

(iv) There shall be no change in the existing rules.

(v) The local bodies shall remit their share as revised by Government per month per employee into the concerned Treasury/Sub-Treasury in the Government account every month along with the employees’ contribution. The dues of subscription and management contribution, if any, in respect of employees of local bodies under Group Insurance Scheme shall be recovered from Finance Commission grant / Devolution grant payable to the local bodies and remitted to Government under relevant head of account. The orders regarding the local body share of contribution will be issued separately.

(vi) The Director of Treasuries and Accounts, the administrator of the Group Insurance Scheme, shall take necessary further action in this regard and report to the Government.

(BY ORDER OF THE GOVERNOR)

K.SHANMUGAM

ADDITIONAL CHIEF SECRETARY TO GOVERNMENT

Download TN Govt G.O.No.58 dated 22.02.2016