28.07.2013 Views

Welfare Fund Manual-2012 - Central Industrial Security Force

Welfare Fund Manual-2012 - Central Industrial Security Force

Welfare Fund Manual-2012 - Central Industrial Security Force

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

21. ENHANCEMENT OF BENEFITS<br />

1. No enhancement of benefits shall be considered by the Governing Body till such<br />

time the same is first vetted by AD(Accounts) and then at least 75% of the<br />

members of the Governing Body agree for the same.<br />

2. The scheme envisages equality of all members in terms of their contributions to<br />

the <strong>Fund</strong> and the benefits to be derived there from. Therefore, while<br />

contemplating increase in subscriptions to enhance the benefits to the<br />

beneficiaries the subscription paying capacity of the Constabulary should be the<br />

sole criteria.<br />

22. INTERPRETATION<br />

Whenever a question arises as to the exact meaning, clarification, explanation of<br />

the effect of any word, term, clause, rule, resolution or ambiguity arising in the reading of<br />

these rules or any of the orders, decisions or awards of the Governing Body, the decision<br />

of the President of the <strong>Fund</strong> shall be final.<br />

23. JURISDICTION<br />

AT DELHI.<br />

All matters of legal disputes shall be under the JURISDICTION OF THE COURTS<br />

24. MISCELLANEOUS<br />

The contributions for covering the Risk element in the scheme have been decided<br />

after taking into account the average death rate per month and invalidations per month.<br />

The arrangements have been made to cater for the benefits in case of mortality rate<br />

increasing and invalidation per month. However, in the event of death/invalidation rate<br />

increasing this limit, the contributions towards the Risk elements will be enhanced<br />

proportionately to cater for the prevailing rate of deaths/invalidations.<br />

39

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!