CGEGIS stands for Central Government Employees Group Insurance Scheme. The CGEGIS Scheme is implemented on 1st January 1982. The scheme provides for two fold benefits such as insurance coverage to help their families and lump sum payment to augment their resources on retirement. A portion of the subscription is credited to Insurance Fund and the other portion to the Savings Fund in the ratio of 3:7. Given here is a CGEGIS Benefits Calculator to calculate the maturity value of CGEGIS.
CGEGIS stands for Central Government Employees Group Insurance Scheme. The CGEGIS Scheme is implemented on 1st January 1982. The scheme provides for two fold benefits such as insurance coverage to help their families and lump sum payment to augment their resources on retirement. A portion of the subscription is credited to Insurance Fund and the other portion to the Savings Fund in the ratio of 3:7. Given here is a CGEGIS Benefits Calculator to calculate the maturity value of CGEGIS.
All the employees who had entered Central Government Service after 1st November 1980 will be compulsorily covered under this CGEGIS scheme from the date implemented. If an employee enters service on or after 2nd January in any year, he will be enrolled as a member only from 1st January of the next year. Make use of this CGEGIS Benefits 7th pay commission calculator to calculate the savings benefits for your family.
