APGLI

 

ANDHRA PRADESH GOVERNMENT LIFE INSURANCE SCHEME(APGLI)


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G.O.Ms.No. 231, Dated: 28/06/2010 - Public Services – Andhra Pradesh Government Life Insurance Scheme –Revision of Pay Scales with reference to Revised Pay Scales, 2010 for deduction of Andhra Pradesh Government Life Insurance Compulsory Premium(APGLI)
Scheme for implementation with immediate effect as specified below:
 
 
Existing Slabs Rates
Revised Slab Rates
Pay Slabs
Monthly Premium Rs.
Pay Slabs
Monthly Premium Rs.
Pay upto Rs. 4825 150-00 Pay from Rs. 6700 to Rs. 8440 250-00
Pay from Rs. 4826 to Rs. 6195 200-00 Pay from Rs. 8441 to Rs. 10900 350-00
Pay from Rs. 6196 to Rs. 7770 250-00 Pay from Rs. 10901 to Rs. 14860 450-00
Pay from Rs. 7771 to Rs.9775 350-00 Pay from Rs. 14861 to Rs. 18030 600-00
Pay from Rs. 9776 to Rs. 12640 450-00 Pay from Rs. 18031 to Rs. 25600 750-00
Pay from Rs. 12641 and above 600-00 Pay from Rs. 25601 and above 1000-00
 

HISTORY OF APGLI
  • The APGLI Department has a very long and glorious history. It is one of the oldest departments in the State. The Scheme was originally started during 1907 by the Nizam of erstwhile State of Hyderabad for the welfare of 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 Life Insurance Fund""Andhra Pradesh Government Life Insurance Fund"and was made mandatory to all Government Employees. 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. The Policyholders will get full Sum Assured plus Bonus till date of Maturity of policy and in case of premature death, their legal heirs will receive full Sum Assured plus Bonus till date of death. In case, if the Policyholder quits Government Service and opts to surrender his/her policy, policyholder gets Surrender Value of the policy.
  • APGLI Department is under the Administrative Control of Finance Department.

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