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GOVERNEMNT OF ANDHRA PRADESH
A B S T R A C T
A.P.State Employees Group Insurance – P.E.Dept. – Sri.C.Rameshwar, J.S to
Govt., (Retd.), P.E. Dept. – Retired on 31-01-2012 A.N. on superannuation –
payment of Savings Fund together with interest – Orders – Issued.
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PUBLIC ENTERPRISES (OP) DEPARTMENT
G.O.Rt.No. 54 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.C.Rameshwar, J.S to Govt., (Retd.), P.E.Dept.,
dt.1-02-2012.
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O R D E R:
In terms of the orders issued in G.O.1st read above, sanction is accorded for
total payment of Rs.34,370/-(Thirty four thousand three hundred seventy only)
i.e.Rs.12,339/- towards saving fund and Rs.2,2031/- towards interest under
Group Insurance Scheme to Sri.C.Rameshwar, J.S to Govt., (Retd.), P.E.Dept.,
who has retired from service on 31-1-2012 AN in P.E.Dept.,on attaining the age
of superannuation and who was a member of the A.P. State Employees Group
Insurance Scheme from 01-11-1984 to 31-01-2012.
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 or any other reason, such excess
amount shall be recovered from him without prior notice or assigning any reason
therefore.
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. 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)
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 E.G.I.S.F. IN RESPECT OF SRI
C.RAMESHWAR, JOINT SECRETARY TO GOVERNMENT (RETIRED), PUBLIC
ENTERPRISES DEPARTMENT, A.P. SECRETARIAT, HYDERABAD, WHO
RETIRED FROM PUBLIC SERVICE ON ATTAINING THE AGE OF
SUPERANNUATION ON 31-01-2012.
A
1) 11/1984 to 10/1994 @ Rs.20/- P.M.
2) 11/1994 to 01/1998 @ Rs.30/- P.M.
3) 02/1998 to 06/2006 @ Rs.60/- P.M.
4) 07/2006 to 01/2012 @ Rs.120/- P.M.
B
1) 11/1984 to 10/1994 @ Rs.20/- P.M. – 2 units – 10 years
2) 11/1994 to 10/1998 @ Rs.30/- P.M. – 2 units
3) 11/1998 to 10/2006 @ Rs.60/- P.M. – 4 units (2/98 to 10/98
@ Rs.30/-)
4) 11/2006 to 01/2012 @ Rs.120/- P.M. – 8 units – (7/2006 to
10/2006 @ Rs.60/-)
C
1) 11/1984 to 10/94 @ Rs.20/- P.M. – 2 units – 10 years 2,776
Rs.1,388 x 2 =
Interest 5818 x 2 11,636
2) 11/94 to 1/2012 @ Rs.30/- P.M. – 2 units (17) years & 3 10,230
months Rs.5115 x 2
3) 11/98 to 1/2012 @ Rs.30/- P.M. – 2 units (13) years and (3) 6,064
months (60-30=30) Rs.3,032 x 2
& Rs.30/- P.M. from 2/98 to 10/98 (9) months Rs.30 x 9) 213.30
Interest @ 2%on /Rs.270=24.30+Savings Fund
i.e50x2x9=189
4) 11/2006 to 1/2012 @ Rs.60/- P.M. – 4 units (5) years and 3276
(3) months (120-60=60) Rs.819 x 4
& 7/2006 to 10/2006 @ Rs.60/- P.M. (4) months Rs.60x4 174.40
Interest @8%on Rs.240=6.40+Savings Fund
i.e10.50x4x4=168
TOTAL 34,369.70/-
34,370/-
ABSTRACT
Saving Fund Interest
1) Rs.6.875x2x120months Rs.1650/-
2) Rs.10.50x2x207 months Rs.4347/-
3) Rs.10.50x2x159 months Rs.3339/-
4) Rs.10.50x4x63 months Rs.2646/-
5) 10.50x2x9months Rs. 189/-
6) 10.50x4x4 months Rs. 168/-
Total Rs.12,339/-
Savings Fund Total = Rs.12,339/-
Interest =(34,370-12,339 = 22,031)
T otal = 34,370
VINOD K. AGRAWAL
PRINCIPAL SECRETARY TO GOVERNMENT