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GOVERNMENT OF ANDHRA PRADESH
A B S T R A C T
A.P.State Employees Group Insurance – P.E.Dept. – Sri.K.Narsireddy Record
Asst. (Retd.), P.E. Dept. – Retired on 31-12-2011 A.N. on superannuation –
payment of A.P.S.E.G.I.S.F together with interest – Orders – Issued.
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PUBLIC ENTERPRISES (OP) DEPARTMENT
G.O.Rt.No. 52 Dated:07-03-2012
Read the following:-
1. G.O.Ms.No.293,Fin & Plg. (F w Accts II) Dept., dt. 8-10-1984.
2. G.O.Ms.No.367, Fin & Plg. (Admn.II) Dept., dt.15-11-1994.
3. G.O.Ms.No. 54,Fin (admn.II) Dept., dt.06-04-2011.
4. From Sri.K.Narsireddy Record Asst. (Retd.), P.E.Dept.,
dt.3-01-2012.
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O R D E R:
In pursuance of the orders issued in G.O.1st and 3rd read above, sanction is
accorded for payment of an amount of Rs.5,151/- towards saving fund and
Rs.12,149/- towards interest thereon thus a sum of Rs.17,300/- (Rupees seventeen
thousand three hundred only) under Group Insurance Scheme to
Sri.K.Narsireddy, Record Asst (Retd.), P.E. Department who has retired from
service on 31-12-2011 AN on attaining the age of superannuation and who was a
member of the A.P. State Employees Group Insurance Scheme with a
subscription of Rs.10/- (Rupees ten only) per month from 01-11-1984 to
31-10-1994 and Rs.30/- (Rupees Thirty only) per month from 01-11-1994 to
31-12-2011.
2. The amount sanctioned towards savings fund in para (1) above shall be
debitted to “8011 – Insurance and Pension Funds – M.H.107, State Government
Employees Group Insurance Scheme – S.H.(01) – Group Insurance Scheme –
001- Saving Fund” and amount sanctioned towards interest shall be debitted to its
“Detailed Head – 003” – Interest from Government”.
3. Public Enterprises (Claims) Department are requested to draw and
disburse the amount to the individual.
4. The individual is informed that if it is found at a later date that excess
amount was paid due to erroneous calculation, such excess amount shall be
recovered from him without prior notice or assigning any reason therefore.
5. Certified that Sri.K.Narsireddy Record Asst. (Retd.), Public Enterprises
Department was not on extra-ordinary leave since the inception of the scheme.
6. Necessary entries regarding recovery of GIS (savings fund) amount from
time to time has been made in the S.R.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
V.NIRMALA
DEPUTY SECRETARY TO GOVERNMENT (FAC)
To
Sri.K.Narsi Reddy, Record Asst. (Retd.) P.E Dept.
Public Enterprises Department
The Dy.P.A.O., Secretariat Branch, Hyderabad.
The PAO., A.P.,Hyderabad. The Accountant General,
A.P.,Hyderabad.
SF/SCs.
//FORWARDED :: BY ORDER//
SECTION OFFICERSTATEMENT SHOWING THE CALCULATION OF E.G.I.S.F IN RESPECT OF SRI
K. NARSIREDDY, R.A RETIRED ON ATTAINING THE AGE OF
SUPERANNUATION ON 31.12.2011 A.N.
S.NO. PARTICULARS AMOUNT
A. 1) 11/84 TO 10/94 @ Rs. 10/- pm
2) 11/94 to 12/2011 @ Rs.30/- pm
B. 1) 11/84 TO 10/94 @ Rs. 10/- pm – 1 Unit – 10 Years
2) 11/94 to 12/2011 @ Rs.30/- pm – 2 Units – 17 Years,
2 Months
Accumulated savings with Interest
1,388
1) 11/84 TO 10/94 @ Rs. 10/- pm – 1 Unit :
Rs.1,388 X 1= 5,770
INTEREST
Rs.5,770 X 1= 10,142
2) 11/94 to 12/2011 @ Rs.30/- pm – 2 Units – 17 Years, 2
Months
5,071 X 2=
Rs.17,300-00
ABSTRACT
SAVING FUND
Rs.
1. 6.875*120 = 825
2. 10.50*2*206=4326
17,300-00
Total = Rs. 5,151/-
Savings = Rs.5,151/-
Interest = Rs 17,300-5151= Rs 12,149/-
Total = Rs 17,300/-
V.NIRMALA
DEPUTY SECRETARY TO GOVERNMENT (FAC)