GIS: Group Insurance Scheme

[Amit Sharma]

Eh sunan vich aya hai k sanu GIS de forms bhar k BPEO OFFICE ch jma krwany pengy. BPEO office ch GIS de ledger te sady naam likhy jangy te sadi deduction show kiti javegi te GIS number milega. Please confirm it ?

[sidhu]

is it not possible to apply for cpf account without ppo no/

[Amit Sharma]

Thanx dear

[Varinder Pal Singh]

Master cadre di 5000/- grade pay dec/2011 to hon karn school clerk dec/2011 paid in Jan/2012 to 60/- rs G.I.S kat rahe ne.par G.I.S. da hisab ta Jan to Dec tak hunda hai .Dec to 60/- deducation karn karn is da intrest jo k govt. valo jari hunda hai oh kis trah dec da lagega ki school clrek theek kar rahe ne.

[Ajay Pal Singh]

Jo clerk kar rahe han galat hai. January 2011 ton GIS 120 rs. katiya jana hai. Tusi theek kiha hai ki GIS di katouti January ton shuru hundi hai. 60 rs. GIS B group layi hai jadki A group layi 120 rs.

[J.S.Sandhu]

Respected Friend,

I don't have much knowledge about GIS , but I will share what I know, So Please confirm from reliable sources

In GIS two parts are involved. I mean GIS include Insurance Fund amount and Saving Fund amount. Insurance fund is applicable immediately when a person join in new cadre or new joining Where as Saving fund is started from January (Next) only.

Insurance and Saving Fund is deducted in 30:70 ratio.

Let we explain in some more detail:

In A class GIS = 120 (Insurance Fund = 36 and Saving Fund= 84)
In B class GIS = 60 (Insurance Fund = 18  and Saving Fund= 42)
In C class GIS = 30  (Insurance Fund = 9 and Saving Fund= 21)
In Dclass GIS = 15 (Insurance Fund = 4.50  and Saving Fund= 9.50)





For eg. If earlier Master cadre GIS deductions was Rs 30 (Inusrance Fund = 9 and Saving Fund = 21) So in this case When Master Cadre grade pay changed to Rs 4600 then GIS deduction should be Rs 39 (Insurance Fund = 18 and Saving Fund =21), this is becasue Insurance Fund is applicable immediately and Saving Fund starts in Next January So, In this case From January 2012 GIS will be Rs 60 (Insurance = 18 and Saving = 42)

But in the mean time When Grade Pay is changed to Rs 5000 So GIS in December 2011 should be = 57 (Insurance Fund = 36 and Saving Fund = 21) and From January 2012 GIS should be deducted as = 120 (Insurance Fund= 36 and Saving Fund= 84).

Please confirm above given statement from reliable sources.

Thanks

[Ajay Pal Singh]

Sandhu Ji,
Kadi v GIS mid year change nahi hunda isda suscription January ton shuru hunda hai. 5000 GP naal hun 30 rs. ton sidha GIS 120 rs. katega.In A Group GIS = 120 (Insurance Fund = 36 and Saving Fund= 84)

[R S Sidhu]

Respected Friend,

I don't have much knowledge about GIS , but I will share what I know, So Please confirm from reliable sources

In GIS two parts are involved. I mean GIS include Insurance Fund amount and Saving Fund amount. Insurance fund is applicable immediately when a person join in new cadre or new joining Where as Saving fund is started from January (Next) only.

Insurance and Saving Fund is deducted in 30:70 ratio.

Let we explain in some more detail:

In A class GIS = 120 (Insurance Fund = 36 and Saving Fund= 84)
In B class GIS = 60 (Insurance Fund = 18  and Saving Fund= 42)
In C class GIS = 30  (Insurance Fund = 9 and Saving Fund= 21)
In Dclass GIS = 15 (Insurance Fund = 4.50  and Saving Fund= 9.50)





For eg. If earlier Master cadre GIS deductions was Rs 30 (Inusrance Fund = 9 and Saving Fund = 21) So in this case When Master Cadre grade pay changed to Rs 4600 then GIS deduction should be Rs 39 (Insurance Fund = 18 and Saving Fund =21), this is becasue Insurance Fund is applicable immediately and Saving Fund starts in Next January So, In this case From January 2012 GIS will be Rs 60 (Insurance = 18 and Saving = 42)

But in the mean time When Grade Pay is changed to Rs 5000 So GIS in December 2011 should be = 57 (Insurance Fund = 36 and Saving Fund = 21) and From January 2012 GIS should be deducted as = 120 (Insurance Fund= 36 and Saving Fund= 84).

Please confirm above given statement from reliable sources.

Thanks

sir you are right from jan2012 gis deduction is 120

[sanjeev4887]

sir koi das sakda hai ke tf now ett teachers da gis rs. 9 cut da c ki jan.2012 to eh kina katega plz daso g

[R S Sidhu]

sir koi das sakda hai ke tf now ett teachers da gis rs. 9 cut da c ki jan.2012 to eh kina katega plz daso g

GIS deduction for ett is 60 w.e.f jan12