Increment of CGEGIS Insurance amount to Rs. 50 Lakh, Rs.25 Lakh & Rs. 15 Lakh for Group ‘A’, ‘B’ & C officers

7th CPC recommendation to increase CGEGIS Insurance amount to Rs. 50 Lakh, Rs.25 Lakh and Rs. 15 Lakh for Group ‘A’, ‘B’ and C officers/ staff respectively

PARLIAMENT OF INDIA
RAJYA SABHA
DEPARTMENT-RELATED PARLIAMENTARY STANDING COMMITTEE ON
PERSONNEL, PUBLIC GRIEVANCES, LAW AND JUSTICE
Rajya Sabha Secretariat, New Delhi
December, 2022 / Agrahayana, 1944 (Saka)

ONE HUNDRED TWENTIETH REPORT
ON
ACTION TAKEN ON ONE HUNDRED TENTH REPORT OF THE COMMITTEE ON
“PENSIONER’S GRIEVANCES – IMPACT OF PENSION ADALATS AND CENTRALIZED
PENSION GRIEVANCES REDRESS AND MONITORING SYSTEM (CPENGRAMS)”
PERTAINING TO
THE DEPARTMENT OF PENSION & PENSIONERS’ WELFARE
(MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES & PENSIONS)
(Presented to the Rajya Sabha on 8th December, 2022)
(Laid on the Table of the Lok Sabha on 8th December, 2022)

RECOMMENDATIONS/OBSERVATIONS WHICH THE COMMITTEE DOES NOT DESIRE TO PURSUE IN VIEW OF THE REPLIES GIVEN BY THE MINISTRY

GRIEVANCES PERTAINING TO PENSION POLICY, PENSION STRUCTURE AND OTHER RETIREMENT BENEFITS

7th CPC recommendation to increase CGEGIS Insurance amount to Rs. 50 Lakh, Rs.25 Lakh and Rs. 15 Lakh for Group ‘A’, ‘B’ and C officers/ staff respectively

Recommendation/Observation

2.0 The Committee is of the view that the benefits provided by social security systems should improve quality of life, support independence and compensate for the loss of income after retirement. As regards CGEGIS, the Committee notes that the monthly deduction as well as the insurance amount have remained unchanged since 1990. In the present context, the insurance cover provided by CGEGIS seems to be too meagre to be commensurate with the elevated cost of living. Therefore, the Committee recommends the Government to implement the recommendations of Seventh Central Pay Commission and increase the Insurance amount to Rs. 50,00,000, Rs.25,00,000 and Rs.15,00,000 for Group ‘A’, ‘B’ and C officers/ staff respectively with commensurate enhancement in monthly contribution of Rs.5000, Rs.2500 and Rs.1500 for respective Groups of officers/ staff. (3.3)

Action Taken

2.1 Reference has been made to Department of Expenditure vide OM dated 21 December 2021.

Further observation

2.2 The Committee takes note of the reply. The DPPW is expected to pursue the matter actively with the Department of Expenditure.


Source: rajyasabha.nic.in

Increment of CGEGIS Insurance amount for Group ‘A’, ‘B’ & C officers

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