APGLI Fund Rules 2024 GO.18

Finance Department- Andhra Pradesh Government Life Insurance Fund Rules, 2024 Notified.

G.O.Ms.No.18 Date: 16-02-2024 Read the following:

e-file. No.FIN04-13/21/2023-GENERALSEC-DOID Computer. No.2290877) of Director of Insurance, A.P.

ORDER:

The Government of Andhra Pradesh (GoAP) is implementing a Life Insurance scheme which is in existence since 1907, through the AP Government Life Insurance (APGLI) Department. The APGLI is a safety net and ensures economic security of Government employees by providing a lump sum amount with applicable bonus in case of demise during service, or on retirement. The APGLI scheme is governed by the APGLI Fund Rules, as amended from time to time. The Government has undertaken a comprehensive study of the existing APGLI Fund Rules with an objective of bringing the rules in tune with the changing times and procedures, and enable the Government employees to avail the benefits of the scheme in a seamless manner. Based on the detailed study of the APGLI Rules, the Government has updated and simplified the Fund Rules, considering the latest technological advancements. Accordingly, the existing fund rules have been suitably revised to meet the aforementioned objectives.

2. The Government, after careful examination, have decided to issue the Andhra Pradesh Government Life Insurance Fund Rules, 2024 annexed to this order. Accordingly, the following Notification will be published in the Andhra Pradesh Gazette.

NOTIFICATION

In exercise of the powers conferred by the provison to Article 309 of the Constitution of India and of all other powers here unto enabling, and in supersession of the rules immediately preceding the date of publication of those rules, the Governor of Andhra Pradesh, hereby notify the Andhra Pradesh Government Life Insurance Fund Rules, 2024 annexed to this notification..

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)

Finance Department– Andhra Pradesh Government Life Insurance Fund Rules, 2024 – Notification G.O.Ms.No.18 Download GO