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You are here: Home / CGEGIS Table / CGEGIS Table of Savings Fund Benefits from 01.10.2022 to 31.12.2022

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CGEGIS Table of Savings Fund Benefits from 01.10.2022 to 31.12.2022

Last Modified: January 6, 2023

7th Pay Commission CGEGIS Table of Benefits for 1.10.2022 to 31.12.2022

The Ministry of Finance’s Department of Expenditure has issued a new maturity table for the Central Government Employee Insurance Scheme for the period between October 1, 2022 and December 31, 2022. The circular attached features two types of maturity value tables. To view or download the CGEGIS fund maturity benefit table in PDF format, please click the link provided.

What are the benefits of federal employees’ group insurance?

Employees can obtain the benefits of a death-in-service insurance cover and a lump-sum retirement payment on a totally contributory and self-financing basis.

CG Employees’ CGEGIS

CGEGIS provides financial protection to the families of central government employees in the case of death or disability. It provides lump sums, monthly income, and other benefits to employees and their families.

Benefit Table CGEGIS

The Finance Ministry sends CGEGIS beneficiaries two calculation tables every three months. Monthly Deduction and Insurance Amounts are locked at 1990 levels, hence the 7th CPC recommended raising them. Despite the idea, the Central Government couldn’t offer recommendations. The monthly contribution rates remain the same.

The CGEGIS gives the employee’s family a lump payout. This amount is based on last drawing salary and years of service. The lump sum might be used for debt, medical, or other expenses. This lump sum can provide financial security for the employee’s family. CGEGIS helps central government personnel and their families in need.

Oct, Nov, Dec 2022 CGEGIS Maturity Value

The maturity values for the period October to December 2022 for 1982 are provided below. For further details regarding the complete maturity value table from 1982 to 2022, please click the link.

Contribution @ Rs. 10 PM up to 31.12.89 and Rs.15 throughout after 1.1.90
Year Oct-2022 Nov-2022 Dec-2022
1982 48072.69 48365.96 48660.95
Contribution @ Rs. 10 throughout
Year Oct-2022 Nov-2022 Dec-2022
1982 39938.99 40180.91 40424.26

Filed Under: CGEGIS Table

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What is what?

What is Pay Matrix?
Pay Matrix is a number table designed by 7th Central Pay Commission and recommended for all group of CG Employees and Officers with effect from 1.1.2016 – click to know more

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The nomenclature being used in the new pay matrix assigns levels in place of erstwhile grade pay – click to know more

What is Fitment Factor or Fitment Benefit?
Fitment Factor is a common multiplication number, which is used for arriving a common result – click to know more

What is Terms of Reference?
A key report with instructions given to the Committee or Group – click to know more

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