Karnataka State Employees Group Insurance Scheme Rules -1981

No: -- Dated: Jan, 01 1982

Karnataka State Employees Group Insurance Scheme Rules -1981

In exercise of the powers conferred by the provision of Article 309 of the Constitution of India, the Governor of Karnataka hereby makes the following rules, namely:-

1. Title and date of effect.-

1.1. These rules shall be called the Karnataka State Employees’ Group Insurance Scheme Rules, 1981.

1.2. These rules shall come into force from the first day of January 1982.

2. Objective.-

2.1. The Karnataka State Employees’ Group Insurance Scheme, hereinafter referred to as “Scheme”, is intended to provide for the State employees, at a low cost and on a wholly contributory and self-financing basis, the twin benefits of an insurance cover to help their nominees in the event of death in service and a lumpsum payment to augment their resources on retirement.