cs benevolent fund

DEAR ALL ICSI MEMBERS

WE PRIDE TO BE ONE FAMILY i.e CS FAMILY

AS A MEMBERS OF THE FAMILY, WE WANTED TO MAKE AN APPEAL TO ALL FAMILY MEMBERS

LET US CONTRIBUTE TO CS BENEVOLENT FUND

LET US JOIN FOR NOBLE CAUSE

THE BENEFITS ARE NOT ADEQUATE. LET US CONTRIBUTE AND REQUEST THE INSTITUTE TO INCREASE THE COMPENSATIONS



LAST MONTH BANGALORE CAME TOP CITY FOR CONTRIBUITON AND WE WOULD LIKE TO SEE WHICH CITY WILL COME TOP THIS MONTH FOR THE NOBLE CAUSE



WE ARE HEARING DESERVING CASES BUT FEW ARE NOT MEMBERS OF THE FUND, THE COMPENSATION FOR NON MEMBER OF THE FUND IS RS.30000/- LET US CONTRIBUTE AND INCREASE THE COMPENSATIONS



LET US TAKE CARE OF OUR FAMILY



BEST REGARDS



TEAM VOLUNTEERS CS BENEVOLENT FUND







Benefits from CS Benevolent Fund



Particulars
Upto the age of 60 years
Above the age of 60 years

1. In the event of Death



(a) Members of the Fund




(i) Rs.2,00,000 as covered under the Group Life Insurance of LIC; and





(ii) Upto Rs.1,00,000 in deserving cases on receipt of request from the nominee(s) of the deceased members to be approved by the Managing Committee of the Fund








Nil











Upto Rs.1,00,000 in deserving cases on receipt of request from the nominee(s) of the deceased members to be approved by the Managing Committee of the Fund.



Provided that the Financial Assistance @ Rs.10,000/- per annum may be provided to members after completing the age of 75 years of age till they are alive on receipt of request from the member subject to the condition that in such cases no financial assistance would be available to nominee after the death of the member and an undertaking to this effect would be taken from the member.



(b) Non- Members




Upto Rs. 30,000 in deserving cases as approved by the Chairman of the Fund.

2. Reimbursement of

Medical Expenses



(a) Members of the Fund








Upto Rs.40,000 in deserving cases on receipt of request from the

members.



(b) Non-Members
Upto Rs 20,000 in deserving cases as approved by the Chairman

of the Fund.



3. Education Allowance

(To Members of the

Fund Only)


Upto Rs. 10,000/- per child – One Time




4. The Committee further laid down the following guidelines for the reimbursement of medical expenses.



(i) The member should have completed at least three years of membership as on the date of sickness in respect of the expenses for which claim is filed.

(ii) An undertaking be obtained from the member that he has not applied for/received reimbursement from any other source.

(iii) The member should be asked to submit a self declaration about his annual income in the preceding financial year.

(iv) The member not fulfilling the above guidelines would be treated as non-member and the medical expenses would be reimbursed up to the maximum of Rs. 20,000/- only.



5. The members above the age of 60 years may be admitted to the Fund. However, in the event of their death, financial assistance would be released @ Rs. 20,000/- for every completed year of membership or part thereof in excess of six months subject to a minimum of Rs. 30,000 and maximum of Rs. 1,00,000.



6. Any claim lodged after 3 years of death should be placed before the committee.