The following are the updated interest rates for employees CGEGIS (Central Government Employees Group Insurance Scheme) contribution @ Rs.10 per month upto 31.12.1989 and Rs.15 throughout after 01.01.1990, where the positive or negative balance under the Insurance Fund shall be credited or debited, as the case may be, with the amount of interest calculated at the prevailing rate per annum as below
| From | To | CGEGIS Interest Rate |
|---|---|---|
| 01.01.1982 | 31.12.1982 | 10% |
| 01.01.1983 | 31.12.1986 | 11% |
| 01.01.1987 | 31.12.2000 | 12% |
| 01.01.2001 | 31.12.2001 | 11% |
| 01.01.2002 | 31.12.2002 | 9.50% |
| 01.01.2003 | 31.12.2003 | 9% |
| 01.01.2004 | 31.11.2011 | 8% |
| 01.12.2011 | 31.12.2012 | 8.60% |
| 01.04.2012 | 31.03.2013 | 8.80% |
| 01.04.2013 | 31.03.2016 | 8.70% |
| 01.04.2016 | 31.09.2016 | 8.70% |
| 01.10.2016 | 31.12.2016 | 8.70% |
| 01.01.2017 | 31.03.2017 | 8% |
| 01.04.2017 | 30.06.2017 | 7.90% |
| 01.07.2017 | 31.12.2017 | 7.80% |
| 01.01.2018 | 30.09.2018 | 7.60% |
| 01.10.2018 | 31.12.2018 | 8% |
| 01.01.2019 | 31.03.2019 | 8% |
| 01.04.2019 | 30.06.2019 | 8% |
| October 2019 | December 2019 | 7.9% |
Savings Fund: 68.75% from 01.01.1982 to 31.12.87 and 70% from 01.01.1988 and onwards
Insurance Fund: 31.25% from 01.01.1982 to 31.12.1987 and 30% from 01.01.1988 and onwards.
The calculation has been worked out by IRDA (Insurance Regulatory Authority of India) based interest rates per annum (compounded quarterly) as said above on CGEGIS as notified by the Department of Economic Affairs and their resolution from time to time, and for all other detailed info, you may now check the new table of benefits for saving fund beneficiaries under Central Government Employees Group Insurance Scheme 1980.
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