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KARNATAKA STATE EMPLOYEES' GROUP INSURANCE SCHEME (AMENDMENT) RULES, 1993

KARNATAKA STATE EMPLOYEES' GROUP INSURANCE SCHEME (AMENDMENT) RULES, 1993

KARNATAKA STATE EMPLOYEES' GROUP INSURANCE SCHEME (AMENDMENT) RULES, 19931

PREAMBLE

In exercise of the powers conferred under sub-section (3) of Section 3 of the Karnataka Civil Services Act. The Government of Karnataka hereby makes the following rules further to amend the Karnataka State Employees' Group Insurance Scheme Rules, 1981, namely.--

Rule 1. Title and commencement.

(1)     These rules may be called the Karnataka State Employees' Group Insurance Scheme (Amendment) Rules, 1993.

(2)     They shall come into force with effect from 1st January, 1993.

Rule 2. Amendment to Rule 8.

In the Karnataka State Employees' Group Insurance Scheme Rules, 1981, in sub-rule 8.2 of Rule 8, the following shall be inserted as clause (c) namely.--

"8.2(c).--

The benefit admissible from the Savings Fund with effect from 1st January, 1993, shall be as given in Table 13. This table shall be applicable to an employee who becomes a member of the scheme on or after the 1st January, 1993. The benefit admissible from the Saving Fund with effect from 1st January, 1993 in respect of an employee who was a member of the scheme before that date and who retires on attaining the age of superannuation or otherwise ceases to be a member after the date shall be as given in Tables 14 to 24. The benefits as shown in these tables shall be in force until further orders".