The Department of Posts has circulated an important financial update for all its employees. This update is about the Central Government Employees Group Insurance Scheme (CGEGIS)-1980, and it directly affects the savings fund benefits of postal and other central government staff. If you follow India Post circulars, India Post notifications, or India Post latest news, this is a useful update to understand.
Key Details of the Circular
- Reference No: PP-28/1/2022-PAP-DOP
- Issued By: Department of Posts, Ministry of Communications
- Dated: 28.07.2026
- Subject: CGEGIS-1980, Tables of Benefits for the Savings Fund
- Period Covered: 01.04.2026 to 30.06.2026
- Based On: Ministry of Finance, Department of Expenditure OM No. 7(1)/EV/2023 dated 11.05.2026
The Department of Posts simply forwarded this Ministry of Finance office memorandum to all its Circles, Directorates, Training Centers, and Accounts offices for information and necessary action.
What Is CGEGIS-1980
CGEGIS-1980 is a long-running insurance and savings scheme for central government employees, including India Post staff. Every quarter, the government releases updated Tables of Benefits, which show how much money an employee’s savings fund has accumulated, based on the year they joined and the year/month their membership ends.
Important Points from the Office Memorandum
- The Tables of Benefits are issued every quarter, a practice that has continued since 01.01.2017.
- This update covers the second quarter of 2026, from 01.04.2026 to 30.06.2026.
- The interest rate used is 7.1% per annum, compounded quarterly, as notified by the Department of Economic Affairs.
- There are two categories of Tables:
- First Table: Based on Rs. 10 per month contribution from 1.1.1982 to 31.12.1989, and Rs. 15 per month from 1.1.1990 onwards.
- Second Table: Based on Rs. 10 per month contribution for employees who opted out of the revised subscription rate from 1.1.1990.
- For employees in the Indian Audit and Accounts Department, these orders are issued in consultation with the Comptroller and Auditor General of India, as required under Article 148(5) of the Constitution of India.
- A Hindi version of the order has also been released along with the English version.
Why This Matters for India Post Employees
Every India Post employee who is a member of CGEGIS-1980 should check the updated Tables of Benefits to know the exact accumulated value of their savings fund, based on their year of entry and the month/year of cessation of membership. This helps in:
- Planning retirement or resignation benefits
- Understanding the exact insurance and savings fund value
- Staying updated with current interest rates applied to the scheme
Distribution of the Circular
This circular was sent to a wide list of offices for necessary action, including:
- All Chief Postmasters General/Postmasters General
- BD Directorate, Parcel Directorate, PLI Directorate
- RAKNPA, CEPT, and all Postal Training Centers
- Army Postal Service
- All General Managers (Finance)/Directors Postal Accounts
- All recognized Federations, Unions, and Associations
- GM, CEPT, for uploading the order on the India Post website
Final Words
This CGEGIS-1980 update is a good example of how financial circulars from the Ministry of Finance are regularly passed down to India Post employees through official Department of Posts notifications. Staying updated with such India Post circulars helps employees keep track of their savings fund benefits and understand important financial rules connected to their service.