G.O.MS.No. 41 Dated: 13-05-2020 PUBLIC SERVICES - Employees Welfare Scheme - Andhra Pradesh State Employees Group Insurance Scheme - 1984 - Revised Rate of Interest (@7.9% p.a w.e.f. 01-10-2019 to 31-12-2019 on Accumulated Savings- Fund Communication of Tables and Benefits for Savings Fund for the Period from 01-01-2019 to 31-12-2019 - Revised Tables - Orders - Issued.
In view of the above circumstances stated above and after careful examination of the matter, Government hereby order that the revised rate @7.9% p.a. from 1st July 2019 on the Andhra Pradesh Group Insurance Savings Funds shall be allowed to continue up to 31-12-2019. Further, it is ordered that instructions prescribed should be followed scrupulously. The revised Table is annexed and some illustrations are also given in Annexure-ii.
In view of the above circumstances stated above and after careful examination of the matter, Government hereby order that the revised rate @7.9% p.a. from 1st July 2019 on the Andhra Pradesh Group Insurance Savings Funds shall be allowed to continue up to 31-12-2019. Further, it is ordered that instructions prescribed should be followed scrupulously. The revised Table is annexed and some illustrations are also given in Annexure-ii.
| Financial Year | Rate of Interest | Government Order |
| 01-04-2013 to 31-03-2016 | 8.7% | G.O.Ms.No.2142, Finance (HR-V-Pen.GPF) Department, dated: 30-04-2013 |
| 01-04-2016 to 30-06-2016 | 8.1% | G.O.Rt.No.1638, Finance (HR-V-Pen.GPF) Department, dated: 27-06-2016 |
| 01-01-2017 to 31-03-2017 | 8.0% | G.O.Ms.No.318, Finance (HR-V-Pen.GPF) Department, dated: 22-02-2017 |
| 01-04-2017 to 30-06-2017 | 7.9% | G.O.Ms.No.1171, Finance (HR .5.Pen.GPF) Department, dated: 17-05-2017 |
| 01-07-2017 to 31-12-2017 | 7.8% | G.O.Ms.No.2087, Finance (HR .5.Pen.GPF) Department, dated: 31-10-2017 |
| 01-01-2018 to 31-03-2018 | 7.6% | G.O.Rt.No.96, Finance (-V-Pen.GPF) Department, dated: 24-01-2018 |
| 01-04-2018 to 30-06-2018 | 7.6% | G.O.Rt.No.1204, Finance -V-Pen.GPF) Department, dated: 22-05-2018 |
| 01-10-2018 to 30-06-2019 | 8.0% | G.O.Rt.No.2119, Finance (HR-IV-Pension.II, GPF) Dep., Dated: 17-12-2018, G.O.Rt.No.110, Finance (HR-4-Pension.II ,GPF) Dep., Dated: 24-01-2019, G.O.Rt.No.950, Finance (HR-4Pension.II, GPF) Dep., Dated: 01-05-2019 |
| 01-07-2019 to 31-12-2019 | 7.9% | G.O.Rt.No.1319, Finance ( HR-IV-Pen.GPF) Department, dated: 20-08-2019 and G.O. Rt. No. 2134, Finance ( HR-III-Pension) Department, dated: 24-12-2019. |
| S. No. | Slabs of Pay under Revised Scales of Pay 2010 as per G.O.Ms No.225 | Corresponding Slabs in the Revised Scales of Pay, 2015 | Classification of Groups | Units of Subscription (Rs 15/- per each unit) |
|---|---|---|---|---|
| 1 | Rs.18030-55660 | 35120-110850 | A | 8 Units Rs.120/- |
| 2 | Rs.11860-42590 | 23100-84970 | B | 4 Units Rs 60/- |
| 3 | Rs.8440-33200 | 16400-66330 | C | 2 Units Rs 30/- |
| 4 | Rs.6700-23650 | 13000-47330 | D | 1 Units Rs 15/- |
