Welfare Fund Manual-2012 - Central Industrial Security Force

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(ii) Lumpsum grant to Invalidation for 51 - 80% is Rs.3,25,000/- w.e.f 16.5.12. (iii) Lumpsum grant to Invalidation upto 50% is Rs.2,00,000/- w.e.f 16.5.12. Personnel retiring from service / dismissed / discharged / removed from service etc. Refund of Saving Elements of contributions with compound interest as decided by the competent authority will be refunded to the members on leaving the scheme. Note:- (i) The beneficiaries of the Risk Premia Fund scheme (applicable from June 1, 1986 and subsequently modified w.e.f. Sept.,1989) will be given subscriptions with 25-55% bonus on the last balance and the Saving Elements of contributions will also be refunded to the beneficiaries. All CISF personnel should be member of RS Fund scheme. In case, the individual wants to a member of the fund on re-instatement it can be done retrospective, otherwise he may be enrolled a fresh member of the Fund so that he is covered by benefits of RS Fund. (ii) The saving elements has been merged in lumpsum amount of Rs.5,00,000/- w.e.f. 01.03.2010 in case of death, missing and invalidation. b) THE RELIEF UNDER THE revised scheme will ACCRUE ONLY TO THOSE cases of death, invalidation and leaving the Force for any reason after the introduction of the scheme, WHO MAKE AT LEAST ONE PAYMENT TOWARDS THE REVISED SCHEME. All cases of retirement or leaving the force on any ground occurring till the introduction of revised scheme will be governed by the provisions of the existing RMS 1997. 7. DISQUALIFICATION A MEMBER STANDS DISQUALIFIED from the membership of the Fund, if he FAILS TO PAY THE SUBSCRIPTIONS REGULARLY. A member who could not pay his subscriptions for any reason may be allowed to pay the same within a period of six months in one lumpsum together with a penalty of Rs. 5/- per instalment per quarter. This permission may be granted by the Unit Comdt. keeping in view the circumstances under which the contributions could not be paid regularly. This permission may be accorded only after ensuring that the member concerned was alive on the date of payment of the arrears. In no case, this facility may be used to give benefits of the Scheme to the dependents of the individual who might have died during the pendency of the disqualification for non-payment of subscriptions regularly. Similarly, this may not be utilised for granting benefits to the members who 30
have been invalided out of service during the pendency of disqualification for non- payment of the subscriptions regularly. 8. OPERATION OF ACCOUNTS An account in the name of DG CISF RS fund will be opened with a Nationalized Bank and will be operated jointly by AIG(Wel) and SO(Wel). In the absence of any one of the above said two officers the accounts will be operated by AC(Admn) with one out of the above said two officers. Specimen signatures of all the three officers namely AIG (Wel), SO(Wel) and AC(Admn) will be sent to the bank under the signature of DIG(Wel). Separate heads will be maintained in Cash Book for Risk Element and Saving Element. The existing Bank Accounts and cash Book will also continue to be maintained and all payments to the beneficiaries of Existing scheme as well as the refund of contributions with interest decided by the competent authority to retiring personnel will be paid out of this amount. 9. AUDIT OF THE FUND THE FUND SHALL BE AUDITED ON ANNUAL BASIS by a reputed Chartered Accountant. The audit must be completed before the annual Governing Body Meeting of the Fund and the audit report shall be placed before the Governing Body during its annual meeting for consideration and approval. Internal audit of the fund may also be carried out by the Internal Audit Team of CISF as and when desired by the President. 10. GOVERNING BODY OF THE FUND (1) The fund shall be administrated by a Governing Body comprising of 50 members (7 Ex- officio and 43 nominated ) as shown below:- (i) Permanent Ex- Officio members and Office Bearers. President - DG Sr. Vice President - SDG/ADG (HQrs) Vice President - IG(HQrs) Secretary - DIG(WEL) Jt. Secretary - AIG(WEL) Treasurer - SO/AC(WEL) Member - AD(Accounts)/AO(Accts) (ii) Nominated members IG (NS/ES/WS/NES/SS/APS/TS) (on rotation ) 31 - Two to be nominated by DG DIG (from field Units/Zones) - Five to be nominated by DG AIG/COMDT - One AIG/ Sr.Comdt. / Comdt. from each Sector – 07 (Nominated by IG )
Page 1 and 2: R E S T R I C T E D CENTRAL INDUSTR
Page 3 and 4: RULES FOR THE ADMINISTRATION OF CEN
Page 5 and 6: such exigency, it will be extended
Page 7 and 8: (C) TO SANCTION TEMPORARY INTEREST
Page 9 and 10: DC / AC - 01 from each Sector (Nomi
Page 11 and 12: (3) The Secretary shall place the m
Page 13 and 14: (21) No interest will be charged fo
Page 15 and 16: Western Sector DIsG NZ-1 HQrs, Delh
Page 17 and 18: 17 ANNEXURE -('B') APPLICATION FOR
Page 19 and 20: ANNEXURE -('C') UNDERTAKING (Applic
Page 21 and 22: APPENDIX-“D” FINANCIAL POWERS F
Page 23 and 24: 23 Appendix ’D’(Contd) FINANCIA
Page 25 and 26: S.No. Para Head Sub-para Amount 1.
Page 27 and 28: 2. PRELIMINARY A) The re-framed Rul
Page 29: of lumpsum, the Risk Element will b
Page 33 and 34: financial year so that the accounts
Page 35 and 36: (g) Guardianship Certificate issued
Page 37 and 38: PAYMENT, IF NOT ALREADY DONE BY THE
Page 39 and 40: 21. ENHANCEMENT OF BENEFITS 1. No e
Page 41 and 42: PART - II 1. The above particulars
Page 43 and 44: APPENDIX "B" NOMINATION FOR BENEFIT
Page 45 and 46: Annuxure "B" NOMINAL ROLL OF PERSON
Page 47 and 48: RULES FOR THE ADMINISTRATION OF CEN
Page 49 and 50: 7. FINANCIAL POWERS- (Regimental Fu
Page 51 and 52: (14) The President, Vice - Presiden
Page 53 and 54: 9. RECORDS The following records wi
Page 55 and 56: a) For improvement and maintenance
Page 57 and 58: ) He will regularly maintain the st
Page 59 and 60: 9. AUDIT Account of fund shall be a

Welfare Fund Manual-2012 - Central Industrial Security Force

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