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GOVERNMENT OF ANDHRA PRADESH
A B S T R A C T
PUBLIC SERVICES – Social Security Measures – State Employees Family
benefit contribution by Sri.C.Rameshwar, J.S to Govt (Retd.) P.E Dept. – Retired
on 1-1-2012 - payment of Family Benefit Fund contribution with interest –
Sanction orders – Issued.
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PUBLIC ENTEPRISES (OP) DEPARTMENT
G.O.Rt.No. 53 Dated:07-03-2012
Read the following:-
1. G.O.Ms.307,Fin & Plg.(FW Pen II) Dept., dt. 9-11-1974.
2. Appln.from Sri.C.Rameshwar, J.S to Govt. (Retd.) P.E.Dept.,
dt.1-2-2012.
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In terms of orders issued in G.O.1st read above, sanction is accorded for a
total amount of Rs. 9,636/- (Rupees Nine thousand six hundred and thirty six
only) i.e, Rs. Rs.640/- towards Principal amount and Rs. 8, 996/- towards interest
under FBF to Sri.C.Rameshwar, J.S to Govt (Retd.), P.E.Dept., who has retired
from service on 31-1-2012 A.N in P.E. Dept., on attaining tte age of
superannuation.
2. The amount sanctioned towards savings fund in para (1) above shall
be debited to “8011-Insurance and Pension Funds – MH.106 – Other Insurance
and Pension Funds SH(01) – A.P. State Employees Family Benefit Fund- 001-
Payment at the time of retirement/death” and the amount sanctioned towards
interest shall be debited to its detailed Head –003” – Interest from Government”.
3. The Public Enterprises (Claims) Department are requested to draw and
disburse the amount to the officer concerned.
4. The individual is informed that if it is found at a latter date that excess
amount was paid due to erroneous calculation, such excess amount shall be
recovered from him without prior notice or assigning any person therefor.
5. Certified that Sri.C.Rameshwar, J.S to Govt (Retd.) Public Enterprises
Department was not on extra-ordinary leave since the inception of the scheme.
6. The individual is informed that if it is found at a later date that excess
amount was paid due to erroneous calculation or any other reason, such excess
amount shall be recovered form him without notice or assigning any reason
therefore.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
VINOD K. AGRAWAL
PRINCIPAL SECRETARY TO GOVERNMENT
To
Sri.C.Rameshwar, J.S to (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 Family Benefit Fund in respect of Sri C. Rameshwar, Joint
Secretary to Government, Public Enterprises Department, AP. Secretariat, Hyderabad whose
contribution @ Rs.10/- p.m. for the period from July, 1979 to 31.10.1984 and retired from
service on attaining the age of superannuation on 31.01.2012.
Total period of Contributions
from July 1979 to October 1984 5 years 4 months
deduct spend on E.O.L. 0 - 0
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Net period of contributions 5 - 4
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Total contributions 5 years 4 months i.e. Rs.10x64 months Rs.640/-
Amount payable for 5 years Rs.700/-
Amount payable for 6 years Rs.864/-
Amount payable for 5 years 4 months Rs.700 + 4/12 X (864 – Rs.754.66
700) = 700 + 54.66
Total amount together with Government Contribution and Rs.754.66
interest due as on 31-10-1984
1) 01-11-1984 to 31-3-1985 – 10% 754x66x10x5/100x12 Rs.31.44
Rs.786.10
2) 01.04.1985 to 31.3.1986 – 10.5% Rs.82.54
3) 01.4.1986 to 31.3.1987 – 12% Rs.104.23
4) 01.4.1987 to 31.3.1988 – 12% Rs.116.74
5) 01.04.1988 to 31.3.1989 – 12% Rs.130.75
6) 01.4.1989 to 31.3.1990 – 12% Rs.146.44
7) 01.4.1990 to 31.3.1991 – 12% Rs.164.01
8) 01.4.1991 to 31.3.1992 – 12% Rs.183.69
9) 01.4.1992 to 31.3.1993 – 12% Rs.205.74
10) 01.4.1993 to 31.3.1994 – 12% Rs.230.42
11) 01.4.1994 to 31.3.1995 – 12% Rs.258.07
12) 01.4.1995 to 31.3.1996 – 12% Rs.289.04
13) 01.4.1996 to 31.3.1997 – 12% Rs.323.73
14) 01.4.1997 to 31.3.1998 – 12% Rs.362.58
15) 01.4.1998 to 31.3.1999 – 12% Rs.405.96
16) 01.4.1999 to 31.3.2000 – 12% Rs.454.68
17) 01.4.2000 to 31.3.2001 – 11% Rs.466.86
18) 01.4.2001 to 31.3.2002 – 9.5% Rs.447.50
19) 01.4.2002 to 31.3.2003 – 9% Rs.464.22
20) 01.4.2003 to 31.3.2004 – 9% Rs.506.00
21) 01.4.2004 to 31.3.2005 – 8% Rs.490.26
22) 01.4.2005 to 31.3.2006 – 8% Rs.529.48
23) 01.4.2006 to 31.3.2007 – 8% Rs.491.84
24) 01.4.2007 to 31.3.2008 – 8% Rs.531.19
25) 01.4.2008 to 31.3.2009 – 8% Rs.573.68
26) 01.4.2009 to 31.3.2010 – 8% Rs.619.58
27) 01.4.2010 to 31.3.2011 – 8% Rs.669.14
9033.47
28) 01.4.2011 to 31.1.2012 – 9033.47x10x8=602.23 Rs.602.23
100x12
Rs. 9635.70 or 9636/-ABSTRACT
Principal Amount Rs. 640.00
Interest Amount Rs. 8996.00
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Total: Rs.9636.00
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VINOD K. AGRAWAL
PRINCIPAL SECRETARY TO GOVERNMENT