Apgli... subcription 20 % వరకు పెంచుకోవచ్చు.అనుట కు GO. ORDERS
Apgli... subcription 20 % వరకు పెంచుకోవచ్చు.అనుట కు GO. ORDERS
INSURANCE - A.P.G.L.I Fund Rules -Limit on the maximum premium payable to A.P.G.L.I Fund- Orders - Issued
Order
In the G.O. second read above, Government have constituted a Committed to review the working of the A.P. Governemtn Life Insurance Scheme and make recommendations thereto.
As per the Government orders first read above, a person who desires to pay more than the compulsory premium is allowed to contribute upto 12% of his pay or of the maximum of the scale attached to the post substantively held by him on voluntary basis.
The Director of Insurance has stated that the employees Unions have represented to increase the maximum premium payable to the A.P.G.L.I Fund from 12% to 20% in order to enhance the saving abilities of the employees and also to provide higher amount of Insurance cover to the deceased employees who die while in service. Further the calculation of maximum premium on the basis of maximum scale of substantive post found in consistant at the present circumstances as the proposal forms.
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