Supports the members during hard times of, hospitalization, bereavement and retirement.
- Is compulsory for all members.
- Runs for one year (Nov – Oct).
-The annual contribution is 4800/=.
-Consider both mandatory and voluntary retirement- one must have been a member for five continuous years prior to retirement.
- Any false claim document attracts a fine and a refund of the funds paid.
- Alteration cases are not settled until the doctor has certified.
- Alcoholism / Suicide cases leading to hospitalization are not settled
-Net balance is shared amongst the contributors at year end.