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Reforms in Maintenance of Group Insurance cum Savings Scheme

Finance, , 👁️ 425

Governor is pleased to constitute a Committee with the following members to monitor and implement the reforms:


Government of West Bengal
Finance Department Nabanna, 12th Floor
325, SaratChatterjee Road, Howrah-711102

No:- 3528-F(e-Gov) Date:- 07-08-2024

Sub:- Reforms in Maintenance of Group Insurance cum Savings Scheme (GISS) of State Government Employees

Group Insurance cum Savings Scheme (GISS) of State Government employees are presently covered under two schemes, viz. GISS 1983 implemented vide Memo No. 2811 (300)-F dated 10.03.1983 and GISS 1987 implemented vide Memo No. 825-F dated 31.01.1987 of Finance Department, Government of West Bengal, respectively. In the above two schemes, information pertaining to individual subscriber data on accumulation of subscriptions, accrued interest thereon and final withdrawal (entitlement at cessation of service) from the said schemes are currently not available. Moreover, there is no dedicated section to deal with matters of Group Insurance of State Government employees in the Directorate of Pension Provident Fund & Group Insurance (DPPG) for maintaining subscriber-wise record.

The necessity to bring in reforms in maintenance of GISS of State Government employees has been under the active consideration of the State Government. The reforms will aim at shifting the base entity in respect of GISS from Treasury to a subscriber-based model similar to the GPF system. It will also include the development of a subscriber based GISS module in IFMS environment with DPPG as the Nodal Authority to control and manage the GISS balances under 8011 head of account.

The new system will provide benefits wherein subscribers will be able to access their Group Insurance statements depicting the GISS balance, subscription and interest amounts in real time.

Now, the Governor is pleased to constitute a Committee with the following members to monitor and implement the reforms:

  1. Shri Randhir Kumar, IAS, Secretary, Finance Department & Director, DTA & DPPG, WB – Chairman of the Committee
  2. Shri Dilip Kumar Das, WBA&AS, Special Secretary, e-Gov Group, Finance Department
  3. Shri Soumya Banerjee, WBA&AS, Joint Director, DTA, WB – Member
  4. Sk Sadar Saif, WBA&AS, Joint Director, DPPG, WB – Member & Convener
  5. Shri Tarun Kumar Roy, WBA&AS, Joint Director, DTA, WB – Member
  6. Shri Joydeep Chakraborty, WBA&AS, Assistant Director, DPPG, WB – Member
  7. Shri Pranabasish Rana, Assistant Director & DDO, DPPG, WB – Member
  8. Any other member as may be co-opted by the Chairman from time to time.

The brief description of the role and responsibilities of the Committee has been given in Annexure-A. The Committee shall start functioning with immediate effect.

Sd/- Dr Manoj Pant, IAS
Additional Chief Secretary, Finance Department
Government of West Bengal

Annexure-A

G.O: No:- 3528-F(e-Gov) Date:-07-08-2024

Role and responsibilities of the Committee for Reforms in Group Insurance cum Savings Scheme (GISS) maintenance of State Government employees:

  1. To redefine the base entity in respect of GISS of State Government employees and suggest ways to shift it from Treasury to Subscriber.
  2. To define the role of DPPG as the Nodal Authority for controlling and management of GISS balances under 8011 head of account as well as with respect to payment of accrued annual Interest on those balances. Also to suggest to the Government, steps to strengthen DPPG office with infrastructure and manpower.
  3. Monitoring a subscriber-based GISS Module development in IFMS environment including preparation of FRS, providing assistance to e-Governance Group with respect to finalization of design, development, testing and deployment of the module in line with the proposed reforms.
  4. Reconciliation of GISS balances under 8011 head of account with AG, WB.
  5. To suggest ways and means to invest/adjust the subscription fund for Insurance Premium during a given financial year.
  6. To impart training to all stakeholders during module development stage.

No. 3528-F dated 07.08.2024, Source

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