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WebDec 5, 2015 · The scheme serves the twin objectives of (a) providing a lump-sum amount to the families in case of an employee’s death and (b) a lump-sum payment to the employee on cessation of employment, both on a wholly contributory and self-financing basis. Present Position : CGEGIS comprises a Savings Fund and an Insurance Fund in the ratio 70:30. Webd) For 38.6 lakh sanctioned strength of Central Government employees covered in the CGEGIS, subscription for the insurance ... four wheel drive problem with a 2006 bmw x5
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