Welfare Fund Manual-2012 - Central Industrial Security Force

DC / AC - 01 from each Sector (Nominated by IG)
SO (Subordinate Officer) - 01 from each Sector (Nominated by IG)
HC - 01 from each Sector (Nominated by IG)
Const - 01 from each Sector (Nominated by IG)
Civilian staff - One to be nominated by DIG/Wel,FHQ.
Note :- Out of above nominated members, Ladies of different ranks as mentioned
below may be nominated –
GO - 01
SO - 01
OR’s - 2 to 3
2. The Governing Body will meet once in a year to transact the following
business.
(a) To review the policies and guidelines about the Administration
of the fund in light of the given objectives;
(b) To review and fix rates of subscription to be paid by each
category of members;
(c) Decide about the investment of fund and ratification of
investment of funds made with the approval of DG,CISF.
(d) To approve and ratify the expenditure financed from RSF.
(e) To write off loses, or irrecoverable dues, if any.
(f) To review of Income and Expenditure accounts and balance
sheet of yearly financial account and approve the same.
(g) To review the honorarium being given to persons engaged on
honorarium basis for administration of RSF.
(h) To take a view on any subject brought before the AGB by
any of the members regarding administration of RS Fund.
11. INVESTMENT OF FUND AMOUNT
The amount of the fund in excess of day to day requirement will be INVESTED IN
TERM DEPOSIT SCHEMES WITH A NATIONALISED BANK/POST OFFICE to yield
more and safe interest. The long term investments will be done on the recommendation
of the committee constituted for the purpose which comprises of the following:-
a. Vice President (IG/ HQrs)
b. Secretary ( DIG/Wel )
c. Jt. Secretary (AIG/Wel)
d. Any HQrs DIG nominated by DG CISF
e. AD/Accts
f. Treasurer (SO(Wel) / AC(Adm).
12. MEETING OF THE GOVERNING BODY OF THE FUND
The GOVERNING BODY of the Fund will MEET AT LEAST ONCE A YEAR on the
dates to be decided by the President of the Fund. However, it will be only after the close of
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