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23 May 2020

G.O.Ms.No. 36, Dt: 22-05-2020 - Revised Rates of Interest on the Telangana Group Insurance Saving Funds shall be allowed @ 7.9 % per Annum from 01.10.2019 to 31.12.2019

G.O.Ms.No. 36, Dt: 22-05-2020 - Revised Rates of Interest on the Telangana Group Insurance Saving Funds shall be allowed @ 7.9 % per Annum from 01.10.2019 to 31.12.2019

GOVERNMENT OF TELANGANA
Public Services- Employees Welfare Scheme - Telangana State Government Employees Group Insurance Scheme-1984- Communication of Table of Benefits for Saving Fund for the period from 01.10.2019 to 31.12.2019 - Revised Table – Orders- Issued.

FINANCE (ADMN-I) DEPARTMENT

G.O.Ms.No. 36                      Dated: 22-05-2020
Read the followings:

1. G.O.Ms.No.293, Finance &Planning (FW.Accts.II) Deptt., dt: 08.10.1984.
2. G.O.Ms.No.312, Finance &Planning (FW.Admn.II) Deptt.,dt: 06.11.1984.
3. G.O.Ms.No.367, Finance &Planning (FW.Admn.II) Deptt.,dt: 15.11.1994.
4. G.O.Ms.No.381, Finance &Planning (FW.Admn.II) Deptt.,dt: 05.12.1994.
5. G.O.Ms.No.382, Finance &Planning (FW.Admn.II) Deptt.,dt: 05.12.1994.
6. G.O.Ms.No.54, Finance &Planning (FW.Admn.II) Deptt.,dt: 06.04.2011.
7. G.O.Rt.No.2425, Finance (Pen.II) Deptt.,dt: 06.04.2011.
8. G.O.Ms.No.148, Finance (Admn.II) Deptt.,dt: 10.05.2012.
9. G.O.Rt.No.2735, Finance (Pen-II) Deptt., dt: 16.06.2012.
10. Government of India Office Memorandum No. 7(2)EV/2012 Ministry of Finance Department of Expenditure, dt:15.01.2013.
11. Dy.Accountant General (Funds) O/ o the Principal Accountant General
(A&E), AP & T.S., Hyderabad FM/GUI/9-3/2013-14/109, dated.25.04.2013.
12. G.O.Rt.No.2142, Finance (Pen-II) Department, dated.30.04.2013. '
13. G.O.Ms.No.126, Finance (Admn.II) Department dated.29.05.2013.
14. G.O.Ms.No.90, Finance (Admn.II) Department, dated.01.05.2014.
15. G.O.Ms.No.112, Finance (Admn.I) Department, dated.22.08.2015.
16. G.O.Ms.No.179, Finance (Admn.I) Department, dated.17.10.2016.
17. G.O.Ms.No.5, Finance (Admn.I) Department, dated.30.01.2018
18. G.O.Ms.No.2, Finance (Admn.I) Department, dated.04.01.2019
19. G.O.Ms.No.26, Finance (Admn.I) Department, dated.15.04.2019
20. G.O.Ms.No.43, Finance (Admn.I) Department, dated.20.06.2019
21. G.O.Ms.No.100, Finance (Admn.I) Department, dated.27.12.2019
22. GOI, Resolution No.F.No.5(2)-B (PD)/2019, Ministry of Finance, Department of Economic Affairs (Budget Division), dated.21.10.2019.
23. Letter No.F.M-TS/GL.II/2019-20/255, dated.05.12.2019 of Dy.AG (A&E), Telangana, Hyderabad.
24. G.O.Rt.No.1215, Finance (HRM.V) Department, dated.13.12.2019
25. Letter No.2/GIS-1/2018-2019, dated.17.01.2020 of Director of Insurance (FAC), Telangana, Hyderabad

*****

O R D E R:
In the reference 25th read above, the Director of Insurance (FAC), Telangana, Hyderabad has stated that the Government of India have issued tables of benefits for the Saving Funds under Central Government employees Group Insurance Scheme for the period from 01.10.2019 to 31.12.2019 @ 7.9 % and also based on the Government of India instructions issued vide references 22nd and 23rd read above, per annum compounded quarterly and requested to issue necessary orders in the matter.

2. Government, after careful examination of the proposal of the Director of Insurance (FAC), Telangana, Hyderabad, hereby order that, in supersession of the Orders issued in the reference 21st read above, the Revised Rates of Interest on the Telangana Group Insurance Saving Funds shall be allowed @ 7.9 % per Annum from 01.10.2019 to 31.12.2019.

3. The Director of Insurance (FAC), Telangana, Hyderabad shall issue the revised Tables for the period covering from 01.10.2019 to 31.12.2019 and take necessary further action in the matter accordingly.

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELANGANA)

K. RAMAKRISHNA RAO
PRINCIPAL SECRETARY TO GOVERNMENT

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