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13

Payment of premium

Act: Balochistan Provincial Employees Group Insurance Act 2009

Section Provisions

ACT X OF 2009 ACT X OF 2009 BALOCHISTAN PROVINCIAL EMPLOYEES GROUP INSURANCE ACT, 2009 An Act to provide for establishment of a Board for the common benefit of the Provincial employees of the Government and to provide for their group insurance and the matters connected therewith or ancillary thereto [Gazette of Balochistan, Extraordinary, 3rd November, 2009] No.PAB/Legis:V(9)/2009, dated 3-11-2009.---The Balochistan Provincial Employees Group Insurance Act, 2009 having been passed by the Provincial Assembly of Balochistan on 20th October, 2009 and assented to by the Governor, Balochistan on 28th October, 2009 is hereby published as an Act of the Provincial Assembly. Preamble.---Whereas, it is expedient to provide for establishment of the Balochistan Provincial Employees Group Insurance to regulate the Group Insurance of the Provincial employees of the Government of Balochistan and to promote and protect their legitimate interest in the same and to provide for their group insurance and the benefits attach therewith; It is hereby enacted as follows:-- CHAPTER - III GROUP INSURANCE 13. Payment of premium.---(1) Every employee during continuance of his service shall pay a monthly payment to the Provincial Group Insurance Fund at the rate specified in column 3 of the Schedule: Provided that the Government may from time to time , on the recommendations of the Board re-fixed the rates of the deduction of premium specified in the Schedule by a notification to be published in the official Gazette. (2) Where the amount of premium cannot for any reason be deducted from the pay of the employee, the employee shall remit to the Insurance Fund the sum of premium payable by him, and any premium remaining unpaid due to inadvertence or negligence of the employee or otherwise shall be recoverable from him in such manner as may be determined by the Board. (3) Default in the payment of premium either for the reason that the pay of the employee was not drawn or due to his negligence or fault or for any other reason whatsoever shall not affect the right of the employee or his family to receive the sum assured in the event of his retirement or death of the employee, but the premium remaining unpaid at the time of his retirement or death may be recovered from the assured amount.