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,FHQR.
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 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) To review the rate of interest on loans
(d) To review the quantum of loans and Outright grant.
(e) Decide about the investment of fund and ratification of
investment of funds made with the approval of DG,CISF.
(f) To approve and ratify the expenditure financed from CWF.
(g) To write off loses, or irrecoverable loans, if any.
(h) To review of Income and Expenditure accounts and balance
sheet of yearly financial account and approve the same.
(i) To review the honorarium being given to person employed for
administration of CWF & other non-government funds.
(j) To review the honorarium being given to Doctors from CWF.
(k) To take a view on any subject brought before the AGB by
any of the members regarding administration of CWF and
Non Government Funds.
3. When the Governing Body is not in session, the various routine matters,
referred to the Force HQrs, shall be disposed off by the Managing Committee of
the Force HQrs. as per fund rules and such disposal shall be brought to the
notice of Governing Body in its meeting. The Managing Committee meeting shall
be held twice a month. Managing Committee at Force HQrs will be constituted
comprising the following :-
(a) President - Dy. Inspector General (Wel)
(b) Secretary - AIG (Welfare )
(c) Member - AD(Accts) / AO(Accts)
(d) Treasurer - AC/SO (WEL)
4. In addition to above the President of CWF i.e. DG/CISF can take decisions
beyond the financial powers as stated above in para - 4 i.e (unde r OBJECT
Head) depending upon the merits of each individual case. Such decision will be
put up for ratification before Annual Governing Body Meeting.
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