Friday, 24 July 2015

BALOCHISTAN PROVINCIAL EMPLOYEES GROUP INSURANCE (AMENDMENT) ACT, 2011

BALOCHISTAN PROVINCIAL ASSEMBLY SECRETARIAT

NOTIFICATION

Dated Quetta,   the 7th Feb:2011

No.PAB/Legis:)V(1)2011. Having been passed the Balochistan Provincial Employees Group Insurance (Amendment Bill No.1 of 2011,by the Provincial Assembly of
Balochistan on  28th January,2011 and assented  to by the Governor Balochistan on    3rd Feberuary,2011is hereby published as an Act of the Provincial Assembly.

THE  BALOCHISTAN PROVINCIAL EMPLOYEES GROUP INSURANCE (AMENDMENT) ACT, 2011
ACT NO.I OF 2011.
(First published after having received the assent of the  Governor of Balochistan in the Balochistan Gazette (Extra-ordinary) dated 3rd Feb:2011.)


AN
ACT
            further to amend the Balochistan Provincial Employees Group Insurance Act, 2009, (Act No. X of 2009).
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:
Short title, and commencement.
1.   (1)   This Act may be called the Balochistan Provincial Employees Group Insurance (Amendment) Act, 2011.
      (2)    It shall come into force at once.
Amendment of Section 2, Balochistan Act No. X of 2009
2.         In the Balochistan Provincial Employees Group Insurance Act, 2009 (Act No. X of 2009) hereinafter referred as the said Act, in section 2, after clause (k) the following new clause shall be added, namely:-
           “(I)     Schedule” means the schedule appended to this Act.”

Amendment of Section 4, Balochistan Act No. X of 2009.
3.         In the said Act, in section 4, in sub-section (1), in clauses (e), (f) and (g) the word “Additional” appearing before the word “Secretary” shall be omitted.


Amendment of Section 14, Balochistan Act No. X of 2009

4.         In the said Act, in section 14, for the words “of the schedule” the words, figure and sign “and column 3 of the Schedule respectively,” shall be substituted.

Amendment of Schedule to the Balochistan Act No. X of 2009


5.         In the said Act, for the Existing schedule the following shall be Substituted, namely:-

“SCHEDULE
(See Section 13 and 14)
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 GOVT SERVANT
ASSURED SUM ON RETIREMENT
ASSURED SUM ON DEATH
MONTHLY DEDUCTION OF PREMIUM

(In Rupees)

(1)
(2)
(3)
(4)
BPS 01-04
120,000
150,000
135
BPS 05-10
150,000
187,500
170
BPS 11-15
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.”

             

Secretary,
Balochistan Provincial Assembly



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