The Department of Expenditure under the Ministry of Finance has officially released the Tables of Benefits for the Central Government Employees Group Insurance Scheme (CGEGIS-1980) for the first quarter of 2026. This data is crucial for calculating the savings fund payout for employees retiring or ceasing membership between January 1, 2026, and March 31, 2026.
CGEGIS Table for Jan-Mar 2026 Issued
As per OM No. 7(1)/EV/2023 dated 07th April, 2026, the Insurance Regulatory and Development Authority (IRDA) has worked out the accumulated values based on an interest rate of 7.1% per annum, compounded quarterly.
- Effective Period: 01.01.2026 to 31.03.2026.
- Interest Rate: 7.1% per annum (compounded quarterly).
- Authority: Department of Economic Affairs Resolution No. 5(3)-B(PD)/2023.
- Target Group: Central Government Employees and IA&AD staff ceasing service in Q1 2026.
Two Categories of CGEGIS Tables
To accommodate different subscription histories, the Ministry of Finance provides two distinct calculation tables. DDOs must carefully verify the employee’s service book to determine which subscription rate they opted for during the 1990 revision.
Table 1 (Revised Rate)
Applies to the vast majority of central government employees.
Based on a subscription of Rs. 10 per month from 01.01.1982 to 31.12.1989.
Subscription revised to Rs. 15 per month with effect from 01.01.1990 onwards.
Table 2 (Old Rate)
Applies only to employees who actively opted out of the 1990 revision.
Based on a flat subscription of Rs. 10 per month throughout their service period from entry to cessation.
Sample Accumulated Values (Jan-Mar 2026)
The exact payout depends on the year the employee entered the CGEGIS scheme and the specific month they retire or cease service. Below is an extract from the first table (Rs. 15 p.m. from 1990) showing the final savings fund accumulation for key entry years.
| Year of Entry | Cessation in Jan 2026 | Cessation in Feb 2026 | Cessation in Mar 2026 |
|---|---|---|---|
| 1982 | Rs. 60,886.03 | Rs. 61,254.66 | Rs. 61,625.46 |
| 1990 | Rs. 31,123.91 | Rs. 31,317.48 | Rs. 31,512.19 |
| 2000 | Rs. 10,768.06 | Rs. 10,841.90 | Rs. 10,916.17 |
| 2010 | Rs. 3,942.92 | Rs. 3,976.61 | Rs. 4,010.50 |
| 2020 | Rs. 953.96 | Rs. 970.07 | Rs. 986.28 |
These figures represent the savings fund portion only. The insurance fund component is paid out separately in the unfortunate event of the employee’s demise while in service.
DDO Processing Guidelines for CGEGIS Claims
Head of Offices (HOO) and Drawing and Disbursing Officers (DDOs) must process retirement dues promptly to avoid delays in final settlement. The 7.1% interest rate has remained consistent, meaning projections made earlier in the year remain accurate.
- Step 1: Verify the exact year and month the employee entered the CGEGIS scheme from their service book.
- Step 2: Check if the employee opted out of the 1990 subscription revision (to determine if Table 1 or Table 2 applies).
- Step 3: Cross-reference the entry year against the month of retirement (Jan, Feb, or Mar 2026) using the latest OM tables.
- Step 4: Process the total accumulated value and include it in the final retirement settlement bill.
Frequently Asked Questions (FAQ)
What is the CGEGIS interest rate for Jan-Mar 2026?
The interest rate for the Central Government Employees Group Insurance Scheme (CGEGIS) savings fund for the quarter January to March 2026 is 7.1% per annum, compounded quarterly.
What is the difference between the two CGEGIS tables?
The first table is for employees paying a subscription of Rs. 10 p.m. up to 31.12.1989 and Rs. 15 p.m. onwards. The second table is for employees who opted to continue at the old rate of Rs. 10 p.m. throughout.
When was the CGEGIS Jan-Mar 2026 table issued?
The Ministry of Finance, Department of Expenditure, officially issued the OM containing the CGEGIS Table of Benefits on 07th April, 2026.
How is the CGEGIS savings fund calculated upon retirement?
Drawing and Disbursing Officers (DDOs) use the official Table of Benefits to find the accumulated value based on the employee’s year of entry into the scheme and their month of cessation of membership.
Are Indian Audit and Accounts Department employees covered by this OM?
Yes. The orders are issued in consultation with the Comptroller and Auditor General of India and are applicable to persons serving in the Indian Audit and Accounts Department.
What is the accumulated value for a 1990 CGEGIS entrant retiring in March 2026?
According to the first table (Rs. 15 contribution from 1990), an employee who entered in 1990 and ceases membership in March 2026 will have an accumulated savings fund value of Rs. 31,512.19.
हिंदी सारांश
वित्त मंत्रालय ने 1 जनवरी 2026 से 31 मार्च 2026 की तिमाही के लिए केंद्रीय सरकारी कर्मचारी सामूहिक बीमा योजना के लाभों की तालिका जारी कर दी है। यह तालिका 7.1 प्रतिशत की वार्षिक ब्याज दर पर आधारित है। जो कर्मचारी इस तिमाही में सेवानिवृत्त हो रहे हैं, उनके बचत कोष का भुगतान इसी तालिका के आधार पर किया जाएगा। आदेश 7 अप्रैल 2026 को जारी किया गया है और यह भारतीय लेखापरीक्षा और लेखा विभाग के कर्मचारियों पर भी लागू होता है।
Share This in Office WhatsApp Group
