SCHEDULE
Schedule
Act: Balochistan Provincial Employees Group Insurance (Amendment) Act 2011
Section Provisions
ACT I OF 2011 ACT I OF 2011 BALOCHISTAN PROVINCIAL EMPLOYEES GROUP INSURANCE (AMENDMENT) ACT, 2011 An Act further to amend the Balochistan Provincial Employees Group Insurance Act, 2009 [Gazette of Balochistan, Extraordinary, 7th February, 2011. No. PAB/Legis-V(1)2011.1005, dated 7-2-2011.--Having been passed the Balochistan Provincial Employees Group Insurance (Amendment) Bill No. l of 2011 by the Provincial Assembly of Balochistan on 28th January, 2011 and assented to by the Governor Balochistan on 3rd February, 2011 is hereby published as an Act of the Provincial Assembly. Preamble.--Whereas, it is expedient further to amend the Balochistan Provincial Employees Group Insurance Act, 2009 (Act No. X of 2009) in the manner and for the purpose , hereinafter appearing. It is hereby enacted as follows: SCHEDULE [See sections 13 and 114] GROUP INSURANCE The rate of contribution to the Provincial Employees Group Insurance Fund and the amount of sum assured to be paid to the employees or to the family of an employee, shall be as under:-- Grade of Government Servant Assured sum on retirement Assured sum on death Monthly deduction of Premium (In rupees) (1) (2) (3) (4) BPS 1 to 4 120,000 150,000 135 BPS 5 to 10 150,000 187,500 170 BPS 11 to 15 250,000 312,500 280 BPS 16 400,000 500,000 450 BPS 17 500,000 625,000 560 BPS 18 700,000 875,000 780 BPS 19 850,000 1,062,500 890 BPS 20& above 1,000,000 1,250,000 1,100 Provided that the sum assured will be paid to employee or his family at the time of retirement or death according to his last Pay Scale/Grade. Provided further that in case an employee has been promoted after his retirement/death the differential amount shall be paid according to the revised grade/pay subject to payment of difference in premium."