Sindh Finance Department has issued a Notification Group Insurance 2021. So, the Sindh govt has issued it on 7th June 2021. It has been submitted to the concerned offices.
However, the government has enhanced the Sum assured in respect of the group insurance scheme. So, the govt has amended the civil servant Rules 1979.
Notification Group Insurance 2021 Sindh Finance Department
In addition, the government has revised Sum assured for in-service death of employees. So, the detail has given below payable on death only.
group insurance amount scale wise
|Civil Servants BPS||Existing Sum Assured before 01-07-2020 payable on death only||Enhanced Sum Assured from 01-07-2020 payable on death only|
|BS-01 to 4||300,000||375,000|
|BS-05 to 10||350,000||437,500|
|BS-11 to 15||600,000||750,000|
|BS-20 & above||2,500,000||3,125,000|
Employees can check group insurance amount scale wise above.
Similarly, the government of Sindh will give this amount after five years of retirement or after five years of age of superannuation. Therefore, those civil servants who have retired between 01-07-2011 to 30-06-2020. They will get the existing sum assured.
- Group Insurance Rates Punjab & Chart for Family of Deceased Servants
- Group Insurance Notification 2020 Punjab Government
At last, I clear it here that the government has revised monthly and annual premiums too. So, This will be applicable on enhanced rates w.e.f 01-07-2020.