GISS Deduction Calculator

The GISS Deduction Calculator helps West Bengal state government employees estimate their Group Insurance-cum-Savings Scheme deductions under the 1987 rules. It covers the mandatory fixed deduction by employee group, the compound interest earned on the savings component as per an

⚙️ Version: V-1.0

GISS Deduction & Maturity Calculator

Calculate Group Insurance cum Savings Scheme monthly deductions, savings split, and retirement benefits.

Estimated Maturity Amount
₹0
Savings Component (70%)
₹14/mo
Insurance Cover (30%)
₹6/mo
Total Contributions
₹0
Click "Calculate GISS Maturity" to view your monthly deduction breakdown and estimated maturity payout.

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বিজ্ঞাপন

What Is the GISS Deduction Calculator?

GISS 1987 Rules: The State Govt Employees' Group Insurance-Cum-Savings Scheme is compulsory for all regular employees joined on or after 01.11.1987 . • The deduction is a fixed amount based on the employee group. • The savings component earns compound interest as per annual Finance Dept tables. • Group of an employee is determined based on the revised Pay Level (ROPA 2019) .

বিজ্ঞাপন

How to Use the GISS Deduction Calculator

  1. 1

    Select Employee Group

    Choose your employee group from the dropdown: Group A (Gazetted Officers), Group B (Non-Gazetted Officers), Group C (Clerical & Technical), or Group D (Support Staff).

  2. 2

    Click Calculate Deduction

    Press the Calculate Deduction button to generate the subscription breakdown for the Group Insurance-cum-Savings Scheme, 1987.

  3. 3

    Review Subscription Breakdown

    View the calculated Insurance Fund and Savings Fund amounts shown in the result cards.

  4. 4

    Check Total Monthly Deduction

    See the combined Total Monthly Deduction displayed at the bottom of the results.

  5. 5

    Start a New Calculation

    Click the New Calculation button to reset the form and calculate again for a different employee group.

Benefits of GISS Deduction Calculator

  • ✓Calculates the monthly subscription for the Group Insurance-cum-Savings Scheme, 1987.
  • ✓Lets users select their employee group to determine the applicable deduction.
  • ✓Shows a breakdown of the subscription into insurance fund and savings fund amounts.
  • ✓Displays the total monthly deduction based on the selected group.
  • ✓Provides a reset option to start a new calculation.

Frequently Asked Questions (FAQ)

What is the GISS Deduction Calculator used for?+

It calculates the monthly subscription for the Group Insurance-cum-Savings Scheme, 1987. You select your employee group, and it shows the deduction breakdown.

Which employee groups can I select in the calculator?+

The calculator offers four groups: Group A (Gazetted Officers), Group B (Non-Gazetted Officers), Group C (Clerical & Technical), and Group D (Support Staff).

What does the subscription breakdown show?+

It displays the amount going to the Insurance Fund and the amount going to the Savings Fund. It also shows the total monthly deduction.

How do I use the calculator?+

Select your employee group from the dropdown and click the Calculate button. The results section then appears with the breakdown and total monthly deduction.

Can I start over after calculating?+

Yes, a New Calculation button appears after you calculate. Clicking it resets the calculator so you can run a new calculation.