New Changed  Slab Rates of APGLI  Scheme and Monthly Premiums  in 2021 (APGLI Scheme).

New Changed  Slab Rates of APGLI  Scheme and Monthly Premiums  in 2021 (APGLI Scheme): AP GO.Ms.No.36 Released on 05-03-2016 for APGLI New Slab Rates and Maximum Insurable Age Enhanced. Necessary Monthly Premiums subtleties are given here. Govt of AP, Public Services has given a GO.Ms.No.36 for Enhancement of Age of superannuation from 58 to 60 years and presentation of AP Revised Scales of Pay 2015.

Improvement of Maximum Insurable Age under APGLI Scheme from 53 years to 55 years and Revision of Rates of Compulsory Premium concerning RPS, 2015. This GO. Ms.No.36 subtleties as follows. GO.Ms.No.36, Dated: 05-03-2016: Govt of Andhra Pradesh, Public Services, Andhra Pradesh Government Life Insurance Scheme – Endowment Policies – Enhancement of Age of superannuation from 58 to 60 years and presentation of AP Revised Scales of Pay 2015.

Improvement of Maximum Insurable Age under AP Government Life Insurance Scheme from (53) a long time to (55) a long time and Revision of Rates of Compulsory Premium concerning Revised Pay Scales, 2015. Under the current principles, the Andhra Pradesh Government Life Insurance Department gives the Endowment Insurance Policies to the Government representatives dependent on the most extreme insurable age of 53 years and these approaches will develop at 58 years old years.

APGLI New Slab Rates

In the reference GO Ms.No.147, dt:30.6.2014, the Government improved the period of superannuation of the State Government workers from (58) a long time to (60) a long time. In the GO Ms.No.46, Finance Department, dt:30-04-2015, the Government has given requests presenting the Revised Scales of Pay 2015.

In like manner, the Director of Insurance has presented vital proposition in his letter Lr.No.26/Genl/2015 dt:06.08.2015 of Director of Insurance, AP, Hyderabad. After cautious assessment of the proposition of the Director of Insurance, Government therefore request that the most extreme Insurable age under the Andhra Pradesh Government Life Insurance Scheme be raised from 53 years to 55 years and the paces of obligatory charge under the plan will be updated as point by point beneath and in like manner issue the accompanying guidelines:

AP PRC 2010 APGLI Slab Rates:

Existing Slab Rates (Pay Slabs)    Monthly Premium (Rs.)

Pay from Rs.6700 to Rs.8440     250/ -

Pay from Rs.8441 to Rs.10900  350/ -

Pay from Rs.10901 to Rs.14860            450/ -

Pay from Rs.14861 to Rs.18030            600/ -

Pay from Rs.18031 to Rs.25600            750/ -

Pay from Rs.25601and above    1000/ -

AP PRC 2010 APGLI Slab Rates

APGLI New Slab Rates: (Revised APGLI Slab Rates)

Updated APGLI Slab Rates (Pay Slabs) Monthly Premium (Rs.)

Pay from Rs.13000 to Rs.16400            500/ -

Pay from Rs.16401 to Rs.21230            650/ -

Pay from Rs.21231 to Rs.28940            850/ -

Pay from Rs.28941 to Rs.35120            1150/ -

Pay from Rs.35121 to Rs.49870            1400/ -

Pay from Rs.49871 and above   2000/ -

APGLI New Slab Rates

APGLI Bond and Account Slips

Directions: a) All the representatives will expand their charge according to the amended rates indicated above and offer essential 'Proposition Form', after recuperation of first expense from the compensation at the updated rates and take an Insurance Policy from the Insurance Department. (b) Unless proposition structure is submitted and strategies are acquired, the workers won't get Insurance inclusion for the upgraded premium paid.

(c) A worker who is now a supporter of the Fund having Policy/Policies, and is matured underneath (55) a long time can upgrade the premium for extra approaches. In any case, he ought to present his application in the endorsed proforma before he really achieves the age of 55 years.

Under any conditions proposition will not be acknowledged whether the candidate has effectively accomplished the age of 55 years on the date of accommodation of his application, not with standing the way that the sum was at that point deducted in the regularly scheduled cover bills. Such sums will be treated as unapproved sums and discounted to the individual after the typical technique.

Rules: These orders will come into power with impact from 01.04.2016 and the above reexamined premium rates will be recuperated from the compensation of March, 2016, payable on 01.04.2016. The Drawing and Disbursing Officers concerned are exclusively answerable for affecting the recuperation of overhauled premium from every one of the qualified workers (for example who are under 55 years old) from the compensation of March, 2016 payable in April 2016 appropriately sending the imperative proposition shapes and acquiring the essential approaches from the Insurance Department unblemished.

On the off chance that the obsession is postponed under any circumstance, the premium will be recuperated uniquely from the period of drone of pay obsession overdue debts and in such case, no back payments of premium will be gathered. To guarantee appropriate execution of the Scheme, the HODs/DDOs are mentioned to adhere to the above directions carefully.

The Director of Treasuries and Accounts, A.P., Hyderabad and the Director of Works Accounts, Andhra Pradesh will give appropriate guidelines to every one of the District Treasury Officers/Treasury Officers/Pay and Accounts Officers under their influence, to guarantee that the above changed expense rates concerning new compensation chunks are carried out from the compensation of March, 2016 payable on 1.4.2016 and guarantee penny percent inclusion of qualified representatives under Andhra Pradesh Government Life Insurance Scheme.

Every one of the Departments of Secretariat/Heads of Departments are mentioned to give appropriate directions to their subordinate workplaces to guarantee that all qualified representatives are brought under the Andhra Pradesh Government Life Insurance Scheme. Annexure to G.O.Ms.No.36 Fin (Admn. DI&IF) dept., dt: 05.03.2016

Gift affirmation strategy developing at 60 years old years (with benefits).

Table Showing The Sum Assured Under The Policy

Age next birth day at passage in Years Sum Assured Rs.

21       401.70

22       381.91

23       363.04

24       345.06

25       327.91

26       311.55

27       295.95

28       281.06

29       266.85

30       253.30

31       240.36

32       228.02

33       216.23

34       204.96

35       194.20

36       183.91

37       174.06

38       164.62

39       155.58

40       146.90

41       138.55

42       130.52

43       122.78

44       115.29

45       108.05

46       101.01

47       94.15

48       87.44

49       80.86

50       74.36

51       67.91

52       61.45

53       54.94

54       48.32

55       41.50

APGLI Sum Assured

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