Full formGovernment & Exams
KRJstands forKerala Rajya Jeevan
Full Form of KRJ
What is KRJ?
Kerala Rajya Jeevan (KRJ) is a state-level group life insurance scheme introduced by the Government of Kerala for its employees and pensioners. It provides a lump sum death benefit to the nominee in the event of the employee's demise while in service or after retirement. The scheme is administered by the Kerala State Insurance Department and is mandatory for all permanent government employees. KRJ acts as a social security safety net, ensuring that families receive financial support during a crisis. The scheme was launched in the early 2000s and has been revised periodically. It is used in all government departments, public sector undertakings, and local bodies within Kerala. For competitive exams like the Kerala Public Service Commission (KPSC), understanding KRJ is important as it often appears in questions related to state welfare schemes and financial administration. The scheme operates on a contributory model, with premiums deducted from salary, and the corpus is managed by the state government. KRJ exemplifies Kerala's commitment to employee welfare and has been a model for other states. Its low premium and high coverage make it popular among government staff.
KRJ का फुल फॉर्म
केरल राज्य जीवन
Example
The KRJ scheme ensured that the family of the late teacher received ₹20 lakh as death compensation within a week of her demise.
KRJ — frequently asked questions
What is the full form of KRJ?
The full form of KRJ is Kerala Rajya Jeevan, a group life insurance scheme for Kerala government employees.
Who is eligible for KRJ scheme?
All permanent employees and pensioners of the Kerala state government are automatically covered under the KRJ scheme.
What is the death benefit under KRJ?
The death benefit under KRJ is a lump sum amount ranging from ₹5 lakh to ₹20 lakh, depending on the employee's category and revisions by the government.