19.01.2015 Views

CHAPTER 1 - Border Roads Organisation

CHAPTER 1 - Border Roads Organisation

CHAPTER 1 - Border Roads Organisation

SHOW MORE
SHOW LESS

Create successful ePaper yourself

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

RESTRICTED<br />

Withdrawal from Insurance Fund/Saving Fund<br />

14. It will not be permissible for any member of the scheme to withdraw any amount out of<br />

the Insurance Fund to which he has been subscribing or the Savings Fund.<br />

Loans/Advances from the Insurance/Saving Fund<br />

15. No loan or advance shall be paid to any member from or against the Insurance/Savings<br />

Fund.<br />

Utilisation of accumulation in Insurance/Savings Funds<br />

16. The accumulations in the Insurance/Savings Fund shall be at the disposal of the Central<br />

Govt. Since the scheme is self financing and self supporting the bulk of these funds are proposed<br />

to be utilised for ownership housing and other schemes for the benefits of the members of the<br />

scheme.<br />

Action of notification of the „Scheme‟<br />

17. The Head of the Office shall supply to the Drawing and Disbursing Officer, names,<br />

groups, date of birth and date of appointment of pers who may be appointed to any post under<br />

the Central Govt during the preceeding month and who would be eligible to be the member of<br />

the Scheme by 10 th of every month following the month in which the „Scheme‟ is notified.<br />

Action of the „Scheme‟ coming into force<br />

18. The Head of the office shall supply to the Drawing and Disbursing Officer, the name, the<br />

Group, date of birth of every employee who has been in the Central Govt service on the date of<br />

the „Scheme‟ is notified but has not opted out of the „Scheme‟ by 10 th of every month in which<br />

the Scheme comes into force. Every member of the „Scheme shall be informed in Form 1, the<br />

date of his enrolment, the subscription to be deducted and the benefits to which he would be<br />

eligible. On his regular promotion from one Group to another, he will be similarly informed in<br />

Form 2.<br />

19. The option exercised by the „employees‟ who are already in Central Govt Service on the<br />

date of the „Scheme‟ is notified shall be in Form No 3 and will be pasted in the service book of<br />

the individual.<br />

Register of member<br />

20. The Head of the Office shall maintain Group-wise register of members in Form No 9 and<br />

keep upto-date. The register will be sent to the DDO once a year to check the appropriate<br />

subscription being recovered from the members.<br />

109<br />

RESTRICTED

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

Saved successfully!

Ooh no, something went wrong!