Insurance: Kerala Govt extends GPAIS for one year

THIRUVANANTHAPURAM: The Kerala Government has renewed the Group Personal Accident Insurance   Scheme (GPAIS) for a period of one year with effect from January 1, 2020.

GPAIS subscription for the year 2020 will have to be deducted from the salary of November 2019, according to a circular issued by the Finance Department. One-time annual premium of for different departments will be Rs850+GST for employees of KSEB, Rs 600+GST for employees of KSRTC and Rs 500 for State Government employees and employees of Aided Institutions, Universities, Co-operative Institutions, Autonomous Bodies, and all other Public Sector Undertakings.

“All drawing and disbursing officers (DDOs) authenticated to draw and disburse salary of employees should deduct the premium from the salary of all categories of employees included in the scheme for the month of November 2019 payable in December 2019,” the circular added.

 

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