GIS SAVINGS Table from 1-1-2018 to 31-3-2018 GO No 51

GIS Maturity Table up to 31st Mar 2018. GIS SAVINGS Table from 1-1-2018 to 31-3-2018 GO No 51. PUBLIC SERVICES – Employees Welfare Scheme – Andhra Pradesh State Employees Group Insurance Scheme – 1984 – Revised Rate of Interest on Accumulated Savings Fund Communication of Tables of Benefits for Savings Fund for the Period from 01-01-2018 to 31-03- 2018 – Revised Tables – Orders – Issued. As per File No.1690/138/A1/Admn.DI&IF/2016 Government ordered that, the revised rates of interest on the Andhra Pradesh Group Insurance Savings Funds shall be allowed at 7.6% per annum as per the G.O Rt No .96 Finance (HR -5- Pension,GPF),Dep., dated :24-1-2018 and The Table for GIS subscription and with accumulated interest is issued for the periods covering from 01-01-2018 to 31-03-2018.

GIS SAVINGS Table from 1-1-2018 to 31-3-2018 GO No 51

In Brief:

All the Heads of Offices should take prompt action for recording the necessary subscription entries in the Service Registers of the employees under proper attestation every year at the close of March and a Certificate shall be recorded in the Service Book of each employee that subscription to the Scheme at the appropriate rates have been recovered for the period from April to March. The entries shall be attested by the Drawing and Disbursing Officer.
As per G.O.Ms.No.910, Finance (Admn.II) Department, dated: 28-10-2002 “Sanctioning authority shall send a copy of sanction orders of the Group Insurance Scheme Payment including calculation slip to the Directorate of Insurance for verification”.
5. In view of the above circumstances stated above and after careful examination of the matter, File No.1690/138/A1/Admn.DI&IF/2016 Government hereby order that, the revised rates of interest on the Andhra Pradesh Group Insurance Savings Funds shall be allowed at 7.6% per annum as per the G.O Rt No .96 Finance (HR -5- Pension,GPF),Dep., dated :24-1-2018 and The Table for GIS subscription and with accumulated interest is issued for the periods covering from 01-01-2018 to 31-03-2018. Further, it is ordered that instructions prescribed at Para 4th above, should be followed scrupulously. The revised Table is annexed below.
6. The Director of Insurance, Andhra Pradesh, Amaravathi, Ibrahimpatnam shall take further necessary action accordingly and conduct a regular Audit of all claims paid under Group Insurance Scheme and send a report of the Head of the Department concerned.

GIS Maturity Table up to 31st Mar 2018

APGIS Maturity values are one unit for the first quarter of 2018 (Cumulative of saving Portion + Quarterly compounded interest)

GIS Returns Table - GIS Accumulation Table

Year of start	ACCUMULATED SAVING
	ONE UNIT APS EGIS UP TO March 2018
	Jan-18	Feb-18	Mar-18
1984	21404.2	21550.34	21696.495
1985	19607.	19742.4	19877.23
1986	17980.2	18104.61	18229.077
1987	16505.7	16620.80	16735.926
1988	15169.9	15276.53	15383.205
1989	13959.7	14058.70	14157.706
1990	12863.4	12955.40	13047.465
1991	11870.1	11955.87	12041.642
1992	10970.3	11050.34	11130.415
1993	10155.1	10229.98	10304.889
1994	9389.23	9459.203	9529.235
1995	8377.90	8441.462	8505.088
1996	7479.34	7537.212	7595.147
1997	6680.98	6733.797	6786.677
1998	5971.6	6019.974	6068.361
1999	5341.42	5385.751	5430.147
2000	4780.4	4821.226	4862.069
2001	4276.1	4313.719	4351.367
2002	3817.0	3851.755	3886.496
2003	3397.26	3429.279	3461.362
2004	3012.48	3042.064	3071.710
2005	2657.2	2684.589	2711.985
2006	2329.0	2354.337	2379.655
2007	2025.90	2049.236	2072.633
2008	1745.81	1767.369	1788.992
2009	1487.05	1506.968	1526.952
2010	1247.9	1266.397	1284.867
2011	1027.14	1044.147	1061.219
2012	823.72	839.441	855.225
2013	637.20	651.740	666.342
2014	466.07	479.530	493.048
2015	309.06	321.522	334.046
2016	164.83	176.383	187.993
2017	31.701	42.402	53.169