Encashment of Earned Leave to be granted to officers appointed on contract in various posts under the Central Government


No. 12016/5/2009-Estt(L) 
Government of India 
Ministry of Personnel. P.G. and Pensions 
(Department of Personnel & Training)

New Delhi, the 31st January 2011

Office Memorandum

Sub: Encashment of Earned Leave to be granted to officers appointed on contract in various posts under the Central Government — reg.

The undersigned is directed to state that matter regarding allowing leave encashment, on termination of contract. to such officers who are appointed on contract basis after retirement; even within two years has been considered in consultation with Department of Expenditure. It has no been decided that encashment of Earned leave will be allowed to retired officers. appointed on contract basis after retirement even within the first two years. subject to the condition that the total number of days for which encashment is allowed on termination of contract together with the number of days of Earned Leave or Full Pay Leave for which encashment had already been allowed in previous appointments under the Government shall not exceed 300 days. The O.M. No.12016/2/99-Estt.(L) dated 12th July, 1999, stands modified to the extent mentioned above.

2. These orders take effect from the date of issue.

3. So far as persons serving in the Indian Audit & Accounts Departments are concerned, these orders are being issued after consultation with the C&AG of India



(Zoya C. B.) 
Under Secretary to Government of India

source:DOPT

Central Government Employees Group Insurance Scheme-1980 — Tables of Benefits for the savings fund for the period from 1.1.2011 to 31.12.2011.


No.7(l)/EV/2010 
Government of India 
Ministry of Finance 
Department of Expenditure

New Delhi, the 31st January, 2011.

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme-1980 — Tables of Benefits for the savings fund for the period from 1.1.2011 to 31.12.2011.

The undersigned is directed to refer to this Ministry’s O.M. No.7 (2)/EV/2009 dated 29TH December, 2009 forwarding therewith Tables of Benefits under CGEGIS for the year 2010. New Tables of Benefits for the savings fund of the Scheme based on a subscription of Rs.10 per month from 1.1.1982 to 31.12.1989 and Rs.15 per month w.e.f. 1.1.1990 onwards have been prepared for the year 2011 and a copy of the table is enclosed. Another Table of Benefits for the savings fund based on a subscription of Rs. 10 per month for those employees who had opted out of the revised rates of subscription w.e.f. 1.1.1990 have also been drawn up for the year 2011 and a copy of that table is also enclosed. The amounts in the Tables have been worked out on the basis of interest @ 10% per annum(compounded quarterly) for the period from 1.1.1982 to 3 1.12.1982, 11% per annum(compounded quarterly) w.e.f. 1.1.1983 to 31.12.1986, 12% per annum(compounded quarterly) w.e.f. 1.1.1987 to 31.12.2000, 11% per  annum (compounded quarterly) w.e.f. 1.1.2001 to 31.12.2001, 9.5% per annum(compounded quarterly) w.e.f. 1.1.2002 to 31.12.2002, 9.0% per annum(compounded quarterly) w.e.f.1.1.2003 to 31.12.2003 and 8% per annum (compounded quarterly) w.e.f. 1.1.2004 onwards.The mortality rate under the Scheme has been taken as 3.75 per thousand per annum up to 31.12.1987 and 3.60 per thousand per annum thereafter in both the cases. While calculating the amount it has been assumed that the subscription has been recovered or will be recovered from the salary of the month in which a member ceases to be in service failing which it should be deducted from accumulated amounts payable.

2. In its application to the employees of Indian Audit and Accounts Department this Office Memorandum issues in consultation with the Comptroller and Auditor General of India.

(MANOJ-SHAY) 
DIRECTOR
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