Tuesday, 12 January 2016

APGLI || ANNUAL SLIPS || BOND DOWNLOAD || MISSING CREDITS || SCHEME COMPLETE DETAILS

INTRODUCTION OF APGLI SCHEME :














  • The APGLI Department is one of the oldest departments in the State. The Scheme was originally started in 1907 by the Nizam of erstwhile State of Hyderabad for the welfare of his employees.
    A Management Committee used to run the scheme initially in the name of Family Pension Fund. Later the scheme was renamed as Hyderabad State Life Insurance Fund in the year 1913.
  • After formation of Andhra Pradesh state in 1956, the scheme was changed as "Andhra Pradesh Government Life Insurance Fund". The first Managing Committee meeting after formation of Andhra Pradesh State consisting of 4 members, one Secretary and a President was held on 25-9-1957 and Sri B.Gopala Reddi, the then Honorable Finance Minister was President of the meeting.
  • APGLI Scheme is a Social Security Measure for the welfare of the Government employees and is mandatory for all Government employees and provincialised Local Body employees.
  • APGLI Department is under the Administrative Control of Finance Department.
  • COMPULSORY SLAB RATES OF APGLI SCHEME

    Pay Slabs (In Rupees)   Compulsory Premium Rate (In Rupees)
    6700-8440 250
    8441-10900 350
    10901-14860 450
    14861-18030 600
    18031-25600 750
    25601 and above 1000

    ISSUE OF APGLI POLICY


    1. After deduction of first Premium, the employee has to fill up and submit a proposal form duly signed and attested by his/her DDO/Head of office for obtaining APGLI policy.
    2. In respect of second or subsequent policies also, the policy holder has to submit proposal forms and obtain subsequent policies.
    3. Only premium payment without submission of proposal form will not give any risk coverage or monetary benefit to the subscriber and such payments will be treated as unauthorized amounts which will be refunded on application with out any interest or bonus.
    4. Employees who have completed (53) years of age are not eligible to take APGLI policies(first or subsequent).
    5. Proposals submitted after(53) years of age will not be considered for issue of policies even if premiums are paid prior to 53 years of age.

    Remittance of APGLI SCHEME Premiums

    1. After deduction of first Premium, the employee has to fill up and submit a proposal form duly signed and attested by his/her DDO/Head of office for obtaining APGLI policy.
    2. In respect of second or subsequent policies also, the policy holder has to submit proposal forms and obtain subsequent policies.
    3. Only premium payment without submission of proposal form will not give any risk coverage or monetary benefit to the subscriber and such payments will be treated as unauthorized amounts which will be refunded on application with out any interest or bonus.
    4. Employees who have completed (53) years of age are not eligible to take APGLI policies(first or subsequent).
    5. Proposals submitted after(53) years of age will not be considered for issue of policies even if premiums are paid prior to 53 years of age.

    Duplicate APGLI Policy Bond

    1. The employee has to request his/her DDO to deduct One rupee extra in addition to regular premium in the salary schedules for one time only.
    2. After deduction, the employee has to submit a declaration form on a paper stating that he/she has lost the policy or the policy is destroyed and that he/she has not mortgaged the policy anywhere. This declaration has to be signed by him/her and attested by DDO / Head of the Office.
    3. The employee has to submit the above declaration form along with the copy of the monthly schedule to the respective District Insurance Office for obtaining the duplicate policy.

    Functions of the APGLI District Insurance Office

    1. Issue of Policies.
    2. Posting of Schedule Premiums.
    3. Sanction of Loans.
    4. Settlement of Claims.
    5. Preparation of data for Proforma Accounts, Reserve Accounts, Movement Schedule work for declaration of bonus.


    Clearance Of APGLI Missing Credits

    1. For clearance of missing credits, the subscriber has to submit the places of posting with deduction particulars such as Month, Amount of Premium/Loan Installment, Token Number/Voucher Number, Total Amount of APGLI schedule attested by the DDO.
    2. In case of challan remittance, the subscriber has to submit the places of posting with the deduction particulars such as month, amount of Premium / Loan Installment, Challan number,Challan amount and date attested by DDO, along with full details of Policy numbers and names of the employees for whom the challan is paid.
    **** DOWNLOAD APGLI ANNUAL SLIPS FROM 2007-08 TO 2015-16


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