Benefits to Member

 

 

  • Pension to members and deemed members who remitted contributions to the Welfare Fund continuously for a period of not less than five years and who completed the age of Sixty years
  • Family pension on the death of a member or a deemed member who had remitted contribution for not less than five years.   
  • Financial assistance on the death of a member due to illness or accident.
  • Financial assistance for medical treatment of the members affected with serious illnesses

 

  • Financial assistance for marriage of women members and daughters of the members and for maternity benefit to women members.
  • Financial assistance or loans or advances to members for the construction of dwelling houses or for the purchase of land and building or for the purchase of land or for the maintenance of house.
  • Financial assistance for education including higher education to the children of members.
  • Self employment assistance to reputed persons
  • Financial assistance to members incapacitated to attend work due to permanent physical disability
  • Financial assistance investment in any company or firm or co-operative society or institution constituted under the Act.