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24. DEPOSIT LINKED INSURANCE SCHEME24.1 The scheme is meant for the welfare of family members of thedeceased government servant. According to this scheme, when aGeneral Provident Fund/Contributory Provident Fund subscriber diesafter having put in 5 years’ of service, the nominee of the subscriber ispaid an additional amount (in addition to the actual GeneralProvident Fund balance in the General Provident Fund (GPF) ofdeceased subscriber) if the balance in the General Provident Fundaccount of the deceased subscriber does not fall below the undermentioned limits at any time during the last 36 months preceding themonth of death:GPF (Vth Pay CommissionCPF (Pre-revised scale)Scale)Ifthesubscriberheld a post inthe scale ofpay, themaximum ofwhich isRs. 12000 ormoreRs. 9000 to Rs.11999Rs. 3500 to Rs.8999Minimummonthlybalanceduring theperiodIf the subscriber hasheld for the greaterpart of the aforesaid 3Minimummonthly balanceduring the periodyears a post themaximum of the payscale of which isRs. 25000/- Rs. 4000 or more Rs. 12000/-Rs. 15000/- Rs. 2900 to Rs. 3999 Rs. 7500/-Rs. 10000/- Rs. 1151 to Rs. 2899 Rs. 4500/-Below Rs. 3500 Rs. 6000/- Below Rs. 1151 Rs. 3000/-Note: Applicable in case of death ofsubscriber on or after 31.5.2000. Incase of death on or before 30.5.2000 oldprovision as per IVth Pay Commissionpay scales only will apply.Note: The revised rates based on 5thpay commission pay scales has notbeen received in respect of CPF.24.2 The additional amount will be equal to the average balance inthe account during the period of 36 months preceding the month ofdeath, subject to a maximum of Rs. 60000/- in the case of GPFsubscribers and Rs. 30000/- for CPF subscriptions. The maximumlimit is to be applied after arriving at the average of 36 months andnot at every stage.Page 174 of 174