GPAI Scheme-Renewal for the year 2014

GPAIS-Renewal for the year 2014 

Government have renewed the Group Personal Accident Insurance Policy for the period from 01/01/2014 to 31/12/2014.The annual premium will be deducted from the salary of November drawn in December. 

For details  view or Download
GO(P)No 555-2013-Fin Dated 13-11-2013

Annul Premium

KSEB         Rs. 750/-

KSRTC      Rs. 450/-

  Others        Rs. 300/-  

It was also proposed to enhance the assured sum from 8 Lakhs to 10 Lakhs.

Procedure for remittance of Premium for GPAIS 2014

 i) The Drawing and Disbursing Officer/ Self Drawing officer shall deduct the premium from the salary of November and remit to Treasury as has been done in the previous year. 

 (ii) The Cheque Issuing Officers of the Government Department should furnish the schedule in triplicate along with the cheque to the concerned Treasury. 

(iii) The Drawing and Disbursing officer / authorized officer in other cases,should remit the collection under Form TRS / proper receipt to the head of account "8658 - Suspense Accounts, 102 - Suspense Accoints (Civil), 88 – Group Personal Accident Insurance Fund" with separate schedule in tripiicate in the treasury. The Treasury Officers should draw the amount of premium towards Group Personal Accident Insurance Scheme 2014 from the suspense account 8658-102-88 and take DD in favour of Director of Insurance,Thiruvananthapuram.