Download - Employees Benifits
LIST OF EMPLOYEE BENEFITS IN NATIONAL INSURANCEHOTEL CHARGES
CLASSMajor cities Area I
Scale VI & VII 4000 2000 1750Scale IV &V 2500 1500 1300Scale II&III 1500 1000 800Scale I 1000 750 500Class II 900 675 450Class III 800 600 400Class IV 700 525 350
HALTING ALLOWANCE
A Class city
Scale IV to VII 600 550 500Scale I to III 550 500 400Dev Officers 400 300 250Sr Asst/Steno 400 300 250Asst/RC 350 250 200Sub Staff 300 200 150
C CLASS CITIES: ALL OTHER PLACES
Brief case limits
Scale VI & above 2500Scale IV, V and above 2150Scale II &III 1850Scale I 1500Dev Officer 850The above limit is inclusive of Sales Tax and other suppl. Taxes.The frequency of the reimbursement is 3 yearsHonorarium for Internal and external faculty for training
Officers from our Industry : Rs.200/- per 90 min sessionOutside faculty Rs.500/- per 90 min session
Other places
Major cities: Ahmedabad, Mumbai, Bangalore, Calcutta, Delhi, Hyderabad, ChennaiArea I : Pune, Nagpur, Kanpur, Surat, Jaipur and Lucknow, Vizag, Patna, Vadodara, Kochi, Indore, Bhopal, Ludhiana, Coimbathore, Madurai, Agra and Varanasi B Class
cityC Class city
A class cities : Mumbai, Navimumbai, Kolkata, New Delhi, Faridabad, Ghaziabad, Noida, Gurgaon, Chennai, Agra, Ahmedabad, Bangalore, Bhopal, Coimbatore, Gandhinagar, Goa, Hyderabad, Indore, Jaipur, Kanpur, Kochi, Lucknow, Ludhiana, M adurai, Nagpur, Patna
B Class Cities: Agartala, Amaravati, Aizwal, Aligarh, Allahabad, Amritsar, Asansol, Aurangabad, Blgaum Bhavnagar, Bhubaneswar, Bikaner, Chandigarh, Cuttack, Dehradun, Dhanabad, Durg Bhilai, ok, Guwahati, Gorakhpur, Guntur, Gwalior, Hubli, Imphal, Itanagar
M C R E
Scheme (80:20) 80% of actuals sub to max 100 ltrs
Conv.Scheme 2002 Quarterly limitsCMD No limitGM 375Scale V &VI 300Scale V other than incharges 250
Metro: 250A class 225B class 180C Class 150
Replacement of tyres & tubes:
under 80:20 schemeSalvage 300
under 2002 scheme After 32000 KM run of the car
Replacement of batteries80:20 scheme 80% of cost after 18 months from d.o.p.
Salvage Rs.150/-2002 Scheme After 18 months from date of purchase
LTSOfficers 01/01/odd year to 31/12/even yearAll other employees 01/01/even year to 31/12/odd yearA C Sleeper railway for 2000 KMsFares include charges for sleeper berths and reservation charges.The employee and his family members may travel together or separately in 2 groupsFamily means spouse, dependent children and dependent parents residing with employeeLTS cane be carried forward to the immediate next blockPartial carrying of LTS to next block is not allowed
01/01/even year to 31/12/ odd yearMin requirement for encashment: to avail EL for a cont. period of 15 daysTRANSFER BENEFITSOFFICERSTRANSFER GRANT ONE MONTH BASIC SALARYHALTING ALLOWANCE FOR 30 DAYS FOR C CLASS CITY
Transportation chargesScale IV and above Actuals, sub max for 90 qntls by goods trainScale I to III Actuals, sub max for 60 qntls by goods train
PACKING AND FORWARDING CHARGESWPacking charges: Forwarding charges
Scale VI and above 2500 500/- at each endScale IV & V 1800AM/AO/AAO 1500
DM/BM/ Mngr in charge of RNTB, Dev in charge at RO
80% of cost of after every 32000 KMs run
LTS can be in the vehicles regd in employee's name/his spouse or in hired ones as pr rules.
EL encashment for all cadres
SUPERVISORY CLERICAL AND SUBORDINATE STAFF
Transportation chargesEmployees drawing salary
Over 5780/-
With family 30 qtls 25 qtls 15 qtlsWithout family 10 7.5 5
Packing charges 500 500 350Transfer grant 1000 750 500RATE OF TRANSPORTDistance in Kilometers Rate per km Rs.Upto 2000 KM 1.40psAbove 2000 KM 1.10psSecond trip may be allowed for transfers other than request transfers
VEHICLE LOANS-OFFICERS
Two wheelers No of times
Scale I & II Full value-appr. make max. Rs.50,000/- 3
Four wheelersScale IV & V Full value-appr. make max. Rs.250000/- 3
VEHICLE LOANS-CLASS III & IVTwo wheelers 80% of purchase price max Rs.25000/- 3
DEVELOPMENT OFFICERS- VEHICLE LOANPETROL CARS 325000DIESEL CARS 375000NO EXTRA CHARGE FOR INBUILT AC TO BE BORNE BY DEV OFFICER.
Fixed conveyance allowance to Officers assigned with field duties
For AAO/AO using their own two wheelers 400For AAO/AO using their own four wheelers 500
LEASE NORMSLimit
Metros A Class B Class C ClassScale I 75 3965 3490 2950 2500Scale II 75 3965 3490 2950 2500Scale III 100 5080 4470 3575 3305Scale IV 100 5080 4470 3575 3305Scale V 125 6095 5385 4025 3400Scale VI 150 5485 4830 3860 NAScale VII 200 5485 NA NA NASr Asst 600 sqft 1710 1505 1360 1290
Licence fee 2.5% of Basic pay at the min of the scaleRelaxation 10% in A,B,C and 25% in Metros
3601- 5780/-
3600/- below
Carpet area
Type of vehicle Per k.m.as % of Petrol prices/ltr.For Cars (Petrol) 12%For Cars (Diesel) 15%For 2 wheelers 5%
HOUSE BUILDING LOAN LIMITS
CADRE
Sub-staff 1.75 2.25 4.00Record Clerk 2.25 2.75 5.00Assistant 2.75 3.25 6.00Sr Asst/Steno 2.75 3.25 6.00Dev Officer Gr II 2.75 3.25 6.00Dev Officer Gr I 2.75 3.75 6.50Scale I&II 3.25 3.75 7.00Scale III 3.65 4.35 8.00Scale IV&V 4.00 4.50 8.50Scale VI 4.00 5.00 9.00Scale VII & above 4.00 6.00 10.00
Rate of Int on Supplementry loan 7.5P F LOANREASONS FOR REFUNDABLE PF LOAN SANCTION
1 Marriages of dependent relatives2 Funerals, ceremonies3 Illness of the employee or his family members4 Cost of higher education of the dependent children56 Cost of building a house or purchasing a site, flat etc.
(renovation/repairs is not allowed.)REASONS FOR NONREFUNDABLE PF LOAN SANCTION
1 Only for housing purposes ex: Purchase of a dwelling/site/house/flat/apartment.
2 Additional construction/extension(excluding repairs or alterations),
QUANTUM OF LOAN:1 FOR MARRIAGE PURPOSE 6 MONTHS BASIC+DA+FPA+PP2 OTHER THAN FOR MARRIAGE 3 MONTHS BASIC+DA+FPA+PP3 HOUSING PURPOSE ENTIRE AMOUNT OF THE BALANCE OF PF
OWN CONTRI. (WHETHER REFUNDABLE OR NONREFUNDABLE.
RECOVERY TERMS1 For marriage only Maximum 48 equated monthly instalments2 Other than marriage Maximum 24 equated monthly instalments
RATE OF INTEREST 13% ON REDUCED BALANCE METHODNO LOAN IS PAYABLE OUT OF VPF OR COMPANY'S CONTRIBUTION OF PF
Mileage Allowance on official tours undertaken by Officers and other employees in their vehicles
SCHEME LOaN
SUPPLEMENTARY LOAN
TOTAL LOAN
Cost of passage to a place out of India by employee/his family members.
Cost of registration, stamp duty etc.
VOLUNTARY PROVIDENT FUND
INCLUSION OF VPF From first month of every quarter ie.,April, July, October and January
LEAVES CASUALLEAVE 12
No Half day Casual LeavesMaximum CLs can be availed at a time : 5 days
No Additional Casual Leaves2 Restricted holidays chosen among the declared RHs
EARNED LEAVE 1 DAY FOR EVERY 11 DAYS of duty
Min leave to be availed 7 days and Maximum 120 daysMaximum accumulation 240 daysCA may sanction EL of shorter duration twice in a calender year
SICK LEAVE 30 days Half Paycredit for completed calender year service Max Accumulation 240 daysAppln, should be supported by Doctor Prescription
NOT EXCEEDING 6 MONTHS PROVIDED NO SICK LEAVE CREDIT
ADMISSIBLE FOR DISEASES LIKE
FEMALE EMP HAVING < 3 LIVING CHILDREN ARE ELIGIBLEENTITLED FOR MATERNITY LEAVE OF 180 DAYSIN CASE OF MISCARRIAGE ENTITLED FOR 6 WEEKS
Chicken Pox is not considered for quarantime leave.
The duration of LOP 3 months in one occasion and6 months during the entire period of service
ENTITLEMENT TELEPHONE CALLSOFFICERSScale VI &VII NO LIMITScale V 3150+free callsDMs/BMs 2750+free callsDEVELOPMENT OFFICERSPremium income for the preceding year No. of calls
Not exceeding Rs. 3 lacs 2750Exceeding Rs.3 lacs but not exceding Rs. 8 lacs 3250Exceeding Rs.8 lacs but not exceding Rs.12 lacs 3750Exceeding Rs.12 lacs but not exceding Rs. 20 lacs 4500Exceeding Rs.20 lacs but not exceding Rs. 30 lacs 4750Exceeding 30 lacs 5000
ADVANCES
FLLOD/CYCLONE ADVANCE 7000/-FESTIVAL ADVANCE OFFICERS 13000
11000
One can make additional contribution in multiples of hundreds, but max is equivalent to Co.'s contribution towards PF Dis continue VPF or to alter theamount of VPF
Only 1st April of subsequent accounting year
ADDITIONAL CASUAL LEAVERESTRICTED HOLIDAYS
Duty shall mean period of service but not shall include the periods of leave other than casual leave, Qur Leave, Exm Leave
SPECIAL SICK LEAVE FOR 8 MAJOR DISEASES
Cancer, Leprosy, TB, Paralysis, Brain Tumer, Cardiac Ailment, Kidney diseases, mental disease
MATERNITY LEAVE:
EXAMINATION LEAVE
TO ATTEND EXAMS CONDUCTED BY iii, Chartered Institute of Actuaries, Institute of Chartered Accountants of India and Institute of
QUARANTINE LEAVE
IF infectious disease in the household of an employee is present for the following diseases from the date of intimation submitting medical certifcate Cholera, Smaall Pox, Plague, Diphtheria, Typhus Fever and Cerebrospinal meningitis are considered for quarantime leave
LEAVE ON LOSS OF PAY:
DEV OFF., SUP/ CLERICAL STAFF
MEDICAL BENEFITSDOMICILLIARY BENEFIT PAYABLE IN LUMPSUM
Basic Amount Max Amt
>20350 6000upto 20350 4000Class II- Grade I Basic <10750 1500
Basic>10750 2400Grade II 1500
Class III &IV 2000
CATEGORISATION UNDER GROUP MEDICLAIM POLICY
sum Insured Basic Pay RangeI 110000 18671 aboveII 70000 14731 18670III 70000 upto 14730
GROUP SAVINGS LINKED INSURANCE SCHEMEEMPLOYEES COVERED
PREMIUMS PD BY EMP FOR
CAT Life cover Total pre.I 30176 ABOVE 700000 100 300 400ii 22681 30174 560000 80 240 320iii 16386 22679 420000 60 180 240iv 8825 16384 280000 40 120 160v 4855 8824 110000 47 141 188vi below 4855 70000 26 78 104
BENEFITS UNDER THE POLICY:
GROUP TERM INSURANCE SCHEME(APPLICABLE ONLY FOR EMPLOYEES OPTED FOR PENSION)
CAT BASIC SALARIES LIFE PREMIUMI 30175 above 400000 100ii 22680 30174 320000 80iii 16385 22679 240000 60iv 8825 16384 160000 40v 4855 8824 110000 27.5vi BELOW 4855 70000 17.5
MONTHLY ALLOWANCE PAYABLE FOR IN CHARGES OF TRAINING CENTRESDESIGNATION ELIGIBLE ALLOWANCEPRINCIPAL 1200/-FACULTY MEMBER, NCIL 700/-PRINCIPAL, RTC 600/-ATC IN CHARGE 400/-LOKADALATH ALLOWANCE PAYABLEWITHIN MUNICIPAL LIMITS 1000OUTSIDE MUNICIPAL LIMITS 500 + Tour Exps.
Category
BASIC SALARy
Life cover
Savings pre.
On death whilst in service : Life cover together with member's savings accumulation with interestOn retirement or leaving : Return of member's savings accumulation with accrued inerest .
LIFE COVER
REVISED FSO-1997- UPDATED
DESIGNATION SCALE-1 SCHALE-2 SCHALE-3 SCHALE-4DEPARTMENTFIRE, IAR 50,000 1,25,000 10,00,000 15,00,000M.CARGO 25,000 1,00,000 7,00,000 10,00,000M.HULL - - 1,12,500 2,25,000MOTOR OD CLAIM SETTL. 10,000 30,000 1,50,000 2,50,000SURVEYOR APPOINTMENT 15,000 45,000 2,00,000 3,00,000MOTOR TP AWARD 7,500 22,500 5,00,000 8,00,000MOTOR TP L.A. - - 1,50,000 3,00,000ENGG 10,000 20,000 10,00,000 15,00,000MISC. JB , BB 5,000 10,000 1,50,000 3,00,000P. A. in all related Policies 20,000 60,000 3,00,000 6,00,000MISC.OTHERS 10,000 30,000 1,50,000 3,00,000ALL LIABILITY CLMS 1,50,000 3,00,000AVIATIONGUARANTEE BONDEXGRATIA COMPROMISE NON TP 20% 25% 33.33%NON-STD % => NIL NIL 20% 25%REFUNDS 500 2,000 10,00,000 15,00,000SALVAGE DISPOSAL - 10,000 5,00,000 25,00,000
SUR/INVST FEES ACTUALSEXP NOT COVEREDADV/LEG FEE-NON TP 1,000 2,500 5,000
ADV/LEG FEE-TPNFL OIC
ADV/LEG FEE-TP-FL OICREINSURANCE DEPTFRESH CONTRACTSCANCEL-CONTRACTSRENEWAL-CONTRACTSSIGNING DOC-RI ACTUALSCASH CLMS&REL EXP 1,50,000 4,50,000 7,50,000RENDERING-A/CS ACTUALSSETTLEMENT-A/CS ACTUALSREFUNDS 500 2,000 3,000 5,000CO-INSURANCE ACTUALSSURVEY/RESEARCH PROJECTRELATED EXPENSESREIMBURSEMENT TO GIC/OTHER CO.CO-INSURANCE SETTL.-A/CS ACTUALSRURAL INSURANCE DEPARTMENTEXP. ON FIARS/MELAS/EXIHI. ACTUALSPURCHASE OF EAR TAGS OIC 5000 15,000 30,000EAR TAGS FIXING&VET.DR FEE OIC 500 1,000 2,000ESTATE AND ESTABLISHMENT DEPT.PRINTING & STNRY 500 1,000 10,000 20,000
BM-ACTUALS
AS PER NORMS
AS PER NORMS
1,000 2,000 10,000 20,000MAINTENANCE REPAIR&RENEW.ALL MOVABLES EXCEPT VEHICLES 1,000 2,000 15,000 30,000IMMOVABLES & VEH.OWNED BY CO 2,000 5,000 10,000VEHICLES UNDER LOAN SCHEME ACTUALSPREMISES RENT OIC ACTUALS ACTUALSHIRE CHARGES-SUNDRY ASSTS 1,000 2,000TELEPHONE&TELEX/FAX EXP. 2,000 3,000 10,000 20,000SALE OF OLD NEWSPAPERS/JOUR. OIC ACTUALSHIRE CHRGS FOR GENERATOR 5,000
PMNTS. TO HIRED WATERMAN/SEC.GURDSINT.FUR. -COST OF CABINS, FALSE CEILINGSPERSONNEL DEPARTMENT
ACTUALS ACTUALSOVERTIME WAGES ACTUALS ACTUALSROVAL OF CAEX-GRATIA/BONUS TO EMP. ACTUALS ACTUALS
ADVANCES TO EMP INCL OF HBL & VEH LOANS ACTUALS ACTUALS
ACTUALSSUBSIDY TO PF TRUST ACTUALSTERMINAL DUES - EMPLOYEES ACTUALS
ACTUALS
DOCTORS FEE FOR PRE-EMP MEDICAL CHECK UP ACTUALSOTHER EXP REL. TO RECRUIT. 2,000 5,000
1,000 2,000 5,000 15,000TRANG EXP- COURSE FEE ACTUALS ACTUALSHONORARIUM TO FACULTY ACTUALS ACTUALSACCOUNTS DEPARTMENTBANK CHARGES 750 1,500 7,500 15,000
WRITE OFF-LOSSES FROM MISAPPROPRIATIONBAD DEBTS
BOOKVALUE OF ASSETS EXCEPT MONIES REC.
OIC ACTUALS ACTUALS ACTUALS
REFUND OF SEC DEPOSIT EXC OF GUA. DEPT. OIC ACTUALS ACTUALS ACTUALS
PAYMENTS TO FORMER SHAREHOLDERS ACTUALSAUDIT FEES-SAT. AUDITORS ACTUALSAUDIT FEES-TAX AUDIT ETC. 5,000DEPRECIATION - ASSETS ACTUALSINVESTMENT DEPARTMENT
BUYING AND SELLING SHARES,BONDS & REL EXP.ITEMS COVERED BY GIC ACTUALSITEMS NOT COVERED BY GICEXP-DEMATERIAL. OF SCRIPSGENERAL POWERS APPLICABLE TO ALL DEPTSLOCAL CONVEYANCE 100 200 500 1,000
CARTAGE,FREIGHT,RENT,POSTAL CHRGS,PACKING EXP., RATES AND TAXES, POLICY STMPS, REV. STMPS,SUNDRY COMM.,UNIFORM WASH CHRGS,ELE CHRGS and expenses for office upkeep and maintenance
SALARY & ALLOWANCES, LTS,LEAVE ENCASHMENT & ALL AUTHORISED DED. OF SALARY
GRANT TO EMBS, STAFF RECREATION SPORTS CLUB
EXP SHARED BY GIC FOR RECRUITMENTS/SPEVENTS
TRAVELLING AND HALTING ALLOW INC OF ADVANCES
INTERBANK TRANS/INTEROFF TRANSF. & BOOK TRANSF.
COMPROMISE SUITS EXCEPT UNDER POLICIESREPLENISHMENT-IMPREST A/CS OIC ACTUALSSTATUTORY PAYMENTS ACTUALSPYMNT-EMD &OTHER DEPOSITS OIC ACTUALS ACTUALSPUBLICATION EXP-PREMISESETC. 2,000 5,000EXP-PUBLISH.-HOUSE MAGZINES ACTUALSADVT&PUB-BUSI. PROMO.EXPEXP -GIC-SP PROGRAMMESAGENCY COMMISSION PYMNT OIC ACTUALSI.TAX DEDUCT-AG COMMIS. ACTUALSDONATIONS & CHARITIESCONT. TO LPA,TAC,NIA.IIIDIRECTOR,S FEES ACTUALSEXP-MEETINGS,WORKSHOPSENTERTAINMENT EXPGUEST HOUSE/TRAN. CAMP EXPLEASING PREMISES-OFFICE/RESINS-MOVABLE&IMMOV. PROP ACTUALS ACTUALSLEGAL CHARGES OIC ACTUALS
PROF.FEE-SURVEYORS OTHER THAN CLMSPURCHASE-LIBRARY BOOKS 2,000PUR-NEWSPAPERS,JOURNALS ACTUALS ACTUALSMED EXP-EMERGENCY-EMP. ACTUALS ACTUALSMISC EXP-PURCHASE-STAMPS 500 1,000 2,000 5,000CAPITAL EXPENDITURE (OTHER THAN IT/MS GROUP)IMMOVABLE PROPERTIESCOMMITTEE CONSISTS CMDPURCHSE-RES./OFFICE PROP.ADD/ALTER.-EXISTING PROPERTYPURCHASE/SALE/REPAIRSMOVA. PROP EX:LIGHTS,FANS 15,000MOTOR VEH. INC 2 WHEELERSIT/MANAGEMENT SER GROUPCOMPUTER CONSUM.-PURCHASE 5,000 15,000AMC-COMPUTERS &COMP.EQUIP. 15,000IT PROJ. IMP FEESPUR.-SOFTWARE APPLI., UTILI. 25,000CONSULTING FEESTRNG, TECH WORKSHOPS 25,000
SITE PREP.&INSTLLN. COMPUTERS& IT EQUIP 25,000HONORARIUM-FACULTY-TRNG ACTUALS
25,000
NOTE : IN RESPECT OF ALL PACKAGE POLICIES, THE FINANCIAL AUTHORITY IS APPLICABLE AS PER THE DEPT IN WHICH THE CLAIM ARISES.IN CASE OF MOTOR TP L.A. DCC AND RCC LIMITS ARE THE LIMITS OF DICC AND RICC.
PURCHASE AND SALE OF COMPUTERS/NETWORKING EQUIP.
REVISED FSO-1997- UPDATED
DCC SCHALE-5 RCC DGM GM CMD HCC
30,00,000 40,00,000 80,00,000 1,00,00,000 2,00,00,000 4,00,00,000 ACTUALS15,00,000 30,00,000 50,00,000 75,00,000 1,50,00,000 3,00,00,000 ACTUALS5,00,000 7,50,000 15,00,000 30,00,000 75,00,000 1,50,00,000 ACTUALS3,50,000 6,00,000 7,50,000 10,00,000 20,00,000 30,00,000 ACTUALS5,00,000 8,00,000 10,00,000 15,00,000 20,00,000 30,00,000 ACTUALS
12,00,000 15,00,000 20,00,000 25,00,000 40,00,000 75,00,000 ACTUALS10,00,000 500000 5,00,000 1800000 - - ACTUALS30,00,000 40,00,000 80,00,000 1,00,00,000 2,00,00,000 4,00,00,000 ACTUALS5,00,000 7,50,000 9,00,000 12,00,000 30,00,000 75,00,000 ACTUALS
10,00,000 15,00,000 18,00,000 25,00,000 75,00,000 2,00,00,000 ACTUALS5,00,000 7,50,000 9,00,000 12,00,000 30,00,000 75,00,000 ACTUALS5,00,000 7,50,000 9,00,000 12,00,000 30,00,000 75,00,000 ACTUALS
5,00,000 20,00,000 50,00,000 1,00,00,000 5,00,00,000 ACTUALS50,00,000 1,00,00,000 2,00,00,000 ACTUALS
25000 1,00,000 UNLMTD(BOARD)40% 50% 60% 70% 80% 90% 100%40% 50% 60% 70% 80% 90% 100%
25,00,000 ACTUALS ACTUALS ACTUALS - - -- 50,00,000 - - - - ACTUALS
ACTUALSACTUALS
ACTUALSACTUALS
ACTUALS
15,00,000 ACTUALS
50,000 1,00,000 5,00,000 ACTUALS
25,000 75,000 1,50,000ACTUALS
ACTUALSACTUALS
ACTUALS
ACTUALS
1,00,000 ACTUALS20,000 50,000 ACTUALS
5,000 10,000 ACTUALSACTUALS
ACTUALSACTUALS
25,000 50,000 2,00,000 10,00,000 50,00,000
10,000 ACTUALS
ACTUALS
ACTUALS20,000
OIC ACTUALS
10,000 20,000
ACTUALSACTUALS
ACTUALS
ACTUALS
HO- ACTUALS20,000 50,000 ACTUALS
15,000 50,000 ACTUALSACTUALS
ACTUALSACTUALS
10,000 30,000 50,000 ACTUALS3,000 7,500 ACTUALS
ACTUALS50,000 1,00,000 2,00,000 BRD-ACTUALS
10,000 25,000 ACTUALS ACTUALS3,000 ACTUALS
10,000 50,000
15,00,000 50,00,000 BRD1,00,00,00015,00,000 50,00,000 BRD-ACTUALS
50,000 2,00,000 5,00,000 15,00,000
40,000 2,00,000 5,00,000 20,00,0001,50,000 3,00,000 ACTUALS
50,000 1,50,000 5,00,000 10,00,00050,000 1,50,000 5,00,000 15,00,000 BOARD> 15,00,00050,000 1,00,000 5,00,000 15,00,000 BOARD> 15,00,00050,000 1,00,000 5,00,000 25,00,000 BOARD >25,00,00050,000 1,00,000 5,00,000 15,00,000 BOARD> 15,00,00050,000 1,00,000 5,00,000 ACTUALS50,000 1,00,000 5,00,000 15,00,000 BOARD> 15,00,000
50,000 1,00,000 10,00,000 25,00,000BOARD >25,00,000
NOTE : IN RESPECT OF ALL PACKAGE POLICIES, THE FINANCIAL AUTHORITY IS APPLICABLE AS PER THE DEPT IN WHICH THE CLAIM ARISES.
NATINSURE MUTUAL BENEFIT SOCIETY LIST OF BENEFITS
BENEFIT BASIS QUANTUM
1 Reimbursement of Cost of Text Books of the Children of the members. Studying in classes :- a) Upto Xth Std./Level 600/- b) Above Xth Std./Level 600/-
2 Award to Children i) Madhyamik/S.S.C or H.S.C./Intermidiate/Equivalent Examination a) On securing above 50% marks 100/-b) On securing above 65% marks 180/- ii) B.A./B.SC./B.Com from recognised University. a) On securing above 50% marks 150 b) On securing above 65% marks 225 iii) Medical/Engineering Degree course: On securing above 60% marks 400/- (Max 400/- per year per member)
3 Relief for Higher Education ( for promising children of the members) On passing with minimum 60% marks in three consecutive years i.e Class VIII, IX & Madhyamik/ S.S.C./ S.S.L.C.( Xth Std.) Examination or class X,XI & H.S.C. (XII th std.) Examination and studying in next higher class :- a) In Arts / Commerce Stream (i.e in class XI or in Degree Course) 500/- b) In Science Stream (i.e in class XI or in Degree Course) 600/- c) Medical / Engineering stream under Degree Course 800/-
4 Reimbursement of I.I.I. Examination Fees. On successfurl completion of the entire/ part of I.I.I. Exam. ACTUALSi.e. Licentiate/ Associateship/ Fellowship
5 Educational Relief to Sub-staff On passing SSC and HSC (10+2) -
200/-( Only once during the service period )
6 Reimbursement of Cost of Educational Equipment for Special Child For the Special Children of the members studying in Special 900/-Institutions e.g. Spastic Society of India etc., having registration under I.T. Act, for the purpose of exemption.
7 Training in Craft & Typing Only fees payable to member/his wife unmarried daughter /
100/-dependent mother
8 Reimbursement of Hospitalisation and Operation Expenses
(Maximum of R.600/-Payable once in an academic year) per year per member in case more than one child is entitled to get the benefit.
On staying as inpatient the following are the benefits.For Ordinary Diseases/Surgery 2000/-For Maternity Expenses only 1000/- For Dreaded Disease as per list of the Co. 3000/-To and fro AC-2 Tier Rly. Fare for patient Meternity Claim, only the exp. incurred during Hospitalisation, once in life time.For treatment of Dreaded Disease(as
9 Grant for Healthy Sports activities
a) For Representing Country 2500/- b) For Representing State 1000/- c) For Representing District 500/- d) For Representing University 500/-
10 Funeral Grant On death of a Member as funeral expenses 1000/-
11 Retirement Memento For Retired Members as token of good wishes 600/-
12 Supplementary Death Relief Scheme
50,000/-
13 Retirement Benefit Scheme
14 Holiday Home Facility
The 9 holiday homes of NMBS :Puri, Goa, Nainital, Ooty, Hardwar, Gangtok, Varanasi,Panchmar and Mount Abu
Room Rent: For members and their family: Rs. 10/- per day per room. (Minimum Rs.50/- for a period of 5 days booking) For accompanying guests: Rs. 50/- per guest per day.
15 Holiday Home Travelling Fare
16 Holiday home for retired members Retired Members can enjoy NMBS Holiday Homes. There is no provision for reimbursement of travelling fare for visiting holiday homesRoom Rent Rs.50/- per day and max. 250/- per 5 days booking.Security deposit Rs.500/-
Members will have to claim at the first instance from the Co against Exgratia Medical Reimb under Mediclaim /any other sscheme and the residual amount the member can claim from the society.
( Foot-ball, Cricket, Volley/ Basket ball, Badminton,T.T/ Lawn Tennis, Swimming, atheletics etc. ) For members, spouse and their dependent children
Payable to the P.F. nominee/s of the deceased member who is enrolled under this optional scheme on collection of Rs. 5/- per member
Payable to the retired member who is enrolled under this optional scheme on collection of Rs.m2/- per member
13,000/- approx.
Members can apply for booking in prescribed form maximum 90 days in advance for a period of 5 days from 1st to 5th, 6th to 10th, 11th to 15th, 16th to 20th, 21st to 25th and 26th to 30th/31st of every month
To & fro journey rail/bus fare by shortest route from nearest stationto the place of holiday home for membr, spouse, dep. Children and dep parents cost of max four full sleeper 2 nd class rly tickets inc of reserv. Charges. Once in 5 years in a particular place.
Reimbursement of Cost of Text Books of the Children of the members.
Room Rent:
SURVEY AND LEGAL FEE SCHEDULEFIRE AND ENGINEERING SURVEY FEE SCHEDULEASSESSED LOSS SURVEY FEESUp to 50,000/- 8% of assessed loss sub min. 1,250/-50,001 to 1,00,000/- 4,000/- +2% on bal above 50,000/-1,00,000 to 10,00,000/- 5,000/- +1.5% on bal above 1,00,000/-10,00,001 to 25,00,000/- 18,500/- +1.25% on bal above 10,00,000/-25,00,001 to 50,00,000/- 37,250/- +1.00% on balance above 25,00,000/-50,00,001 to 1,00,00,000 62,750/- +0.75% on bal above 50,00,000/-1,00,00,001 to 5,00,00,000/- 1,00,250/- +0.35% on bal above 1,00,00,000/-Above 5,00,00,001/- 2,40,250/- +0.10% on bal above 5 cr min 6 lacs
LOSS OF PROFITASSESSED LOSS SURVEY FEESUpto 5,00,000/- 200% of Material Damage Fees5,00,001 to 10,00,000/- 21,000/- + 150% of fees for Mat. Dam. on bal amt > Rs. 5 lacs10,00,001/- to 1,00,00,000/- 37,125/- +100% of fees for Mat. Dam. On bal amount > Rs. 10 lacsAbove 1 cr. 1,36,625/- +70% of fees for Mat. Dam. Exceeding 1 cr max. 5 lacs
MOTOR SURVEY FEESASSESSED LOSS SURVEY FEESUp to 20,000/- 50020,000 to 50,000/- 75050,000/- to 1 lac 10001 lac to 2 lacs 1500Above 2 lacs 2000/- +0.5% of balance. Max. 3,000/-Misc and Sp Type of Vehicles Scale of Fire and Engg Scales
MARINE CARGO SURVEY FEESCat A Cat B Cat B
Exceeding 5 hrs per day 3,500/- 2,500/- 1,500/-MAXIMUM FEE PAYABLE 35,000/- 25,000/- 15,000/-Not exceeding 5 hrs per day 1,750/- 1,250/- 750/-Claims of Non-delivery/shortages 1,750/- 1,250/- 750/-
MISCELLANEOUS DEPARTMENT
Schedule of fees Scale of Fire & Engg survey feesDoctors Fees for Mediclim and health policies 500
Survey fee for Total Loss Claims 75% OF Fees prescribed for normal claimsValuation of vehicle 500Investigation for OD Claims 500/- + out of pocket expensesReinspection/Spot survey fee 350Reinspection/Spot sur fee above 80 KM 500/-
150% of scale
5% of value realisedPreliminary Survey fee Rs. 3000/-irres of surveyor cadre. Joint Survey Fee 133.33% of schedule
Damage to all types of cargoes
Spot Survey fee involving overnight stay away from normal place of work
S fee for services of salvage handling fee and actual expenses
Category A 4000/-Category B 3,000/-
Category C 2,000/-
AGM 150% OF Survey FeesGM 200% of the survey fees
HCC Exceeding 200% of survey fees.
CONVEYANCE EXPENSES
Local Conveyance within local MunicipalityA Class cities 300/-Other places 200/-
For trips outside municipal limits
In Own carDistance travelled <350 kmsDistance travelled >350 kms
BY TaxiBy own 2 wheeler To be fixed by the appointing authority
By TrainCategory A surveyors Air (Econo)/AC II TierCategory B and C Surveyors AC II tier
For trips outside municipal limits 15% of litre petrol cost per km sub to min. of Rs. 125/-.Category A surveyors Air (Econo)/AC II TierCategory B and C Surveyors AC II tier
HOTEL CHARGESMaximum Allowable : For stay in ITDC hotel or 3 star AC single room
HALTING ALLOWANCE per dayClass A City 500Class B city 400Class C city 300Period exceeding 12 hours same as for one dayPeriod 6 hours to 12 hours 50% of one day allowancePeriod below 6 hours 30% of one day allowance
Photograph chargesColour photograph 10Digital photograph 15
T P CLAIMS
INVESTIGATORS' FEES 1000/-+conveyance expenses by public transportDL VER FEEDL VER FEE WITHOUT END 300DL ver fee with endts. 400ADVOCATE FEE IN SUITS AND MARINE RECOVERY CASESSuit value fees to be paidUpto 10,000/- 10% of the claim amount10000 to 20,000/- 1000+7% of the claim amount20000 to 50,000/- 1700+5% of the claim amountAbove 50,000/- 3200+2% on the balance claim
ADVOCATE FEE STRUCTURE IN MOPS
Fees payable to the surveyors where assessment of loss not required Appearance in a court/tribunal/ombudsman/consumer forum etc.per day
Additional Fees to be payabvle at the discretion of the Company for special efforts reuired for assessing loss in respect of complicated claim, payment of additional fees is as follows
15% of local litre petrol cost perkmPrior approval of appnt auth requiredPrior approval required. actual taxi fare sub max mileage
allowance as above
Reimbursement on actual basis subject to a maximum
A CLASS CITIES 6000B CLASS CITIES 5000C CLASS CITIES 4000
For cases of multiple cases arising out of same accidentFirst case 100%For second case 50%Rest of cases 20%
For settlement in LOK ADALATH
Clm settl. After filing WS in court 100% of the feesClm settl. Before filing WS in court 75% of the fees
For legal opinion in respect of TP cases 1000/-
For TP Property Damages (TPPD)Where liability is up to Rs.6000/- 2000/- + actual exp max. 500/-Where liability exceeds Rs.6000/- Fees as oer MACT schedule
WC COURT CASES ADVOCATE FEES 4000/- +EXP MAX 500/-
ADVOCATE FEES- CONSUMER FORUMS
District ForumIn Metros 6000/- inc of exp.Other cities 5000/- inc of exp
State Forum 7500/-+10% clerkage +exp Expenses: for co preferred cases 2000/-
preferred against the co. 1000/-
National Commission (NCDRC)
Petition filed by the Co 15000/- +10% clerkage &act. ExpPetition against the Co. 12000/-+ 10% clerkage+act. Exp.In case of Multiple cases First case 100%Second case 50%Rest of cases 10%
HIGH COURT APPEAL AGAINST MACT AWARDS 7500/-15000/-+10% CLERKAGE & ACT. EXP.Multiple cases First case 100%Second case 50%Rest of cases 10%
GENERAL GUIDELINES
SUPREME COURTAGAINST DECISIONS OF NCDRC &MACT AWARDS
If case is dismissed 50% +25% addnl at discretion of GM/RM
SURVEYORS ELIGIBILITY AND DO LIMITS FOR APPOINTMENT
SURVEYORS LIMITS OFFICE LIMITS
DEPARTMENT CAT-A CAT-B CAT-C AO
LOP >5000000 <5000000 nil 0
FIRE >2000000 <2000000 500000 125000
ENGG >750000 <750000 200000 20000
MOTOR >200000 <200000 100000 45000
MISC. (OTHERS) >750000 <750000 300000 30000
MARINE CARGO >750000 <750000 300000 100000
MARINE HULL >1000000 <1000000 50000 0
MISC,JB, BB & LIA 10000
PA IN ALL RELATED POL 60000
SURVEYORS ELIGIBILITY AND DO LIMITS FOR APPOINTMENT
OFFICE LIMITS
AM DY M DCC
1000000 1500000 3000000
1000000 1500000 3000000
1000000 1500000 3000000
200000 300000 500000
150000 300000 500000
700000 1000000 1500000
112500 225000 500000
150000 300000 500000
300000 600000 1000000
RISK ACCEPTANCE LIMITS
DEPARTMENT B.O. D.O. R.O.FIRE DEPARTMENT
10 CR UNLIMITED
25 CR UNLIMITED
25 CR 100 CR UNLIMITEDLISTED RISKS NIL PML - 20 CR UNLIMITED
1 CR 3 CRCOLD STORAGE RISKS 5 CR 25 CR UNLIMITED
NIL NILPETROCHEMICAL RISKS 10 CR 50 CR UNLIMITED
NUCLEAR POWER STATIONSNIL NIL NIL NIL
NIL 5 CR UNLIMITED
NIL NIL UNLIMITEDENGINEERING DEPARTMENTPROJ INS(SCE/MCE/CAR) 10 CR 50 CR 500 CR
10 CR >10 CR
25 LAC >25 LAC
EEQA) SECTION I & II 10 LAC 1 CR >1 CRB)SECTION III NIL NIL YESC P M 1 CR 10 CR >10 CRDOS(POTAO) INS NIL 50 LAC >50LACDOS EXCEPT POTATO NIL NIL YES
DWELLINGS, OFFICES,HOTELS, SHOPS ETC UNDER SEC. III OF AIFT
GODOWNS AND WAREHOUSES UNDER SECTION VI OF AIFT
INDUSTRIAL AND MNFG. RISKS UNDER SEC IV OF AIFT
COTTON GINNING & PRESSING FACTORY
6 CR SUB CLMS EXP <50%
TIMBER LOGS IN OPEN IN FOREST DEPOTS
UNLIMITED CLMS EXP<80%
CLOP (FIRE)EXCEPT PETROCHEMICAL RISKS
CLOP(FIRE)PETROCHEMICAL RISKS
MACHINERY INS OTHER THAN COLD STORAGE
1 CR-LOCA.& 25
LAC-IND MACHINE
MI REL. TO COLD STORAGE W/O DOS
BOILER & PRESSURE PLANT
MLOP&BLOP INS NIL NIL PROV ACCEPT.
ALOP INSURANCE NIL NIL NILCECR INSURANCEE NIL NIL PROV ACCEPT.
1 CR 5 CR ACTUALS
1 CR 5 CR ACTUALS
75 LAC 300 LAC ACTUALS
100 LAC 500 LAC ACTUALS
100 LAC 500 LAC
75 LAC 300 LACTEA CROP POLICY ACTUALS ACTUALS
25 LAC 100 LAC ACTUALS
0.10 LAC 2.5 LAC ACTUALS
2.5 LAC 2.5 LAC ACTUALS
NIL NIL NILREJECTION RISKS INSURANCE 2.5 LAC 10 LAC ACTUALS
25 LAC 100LAC ACTUALSSECOND HAND MACHINERY 25 LAC 100 LAC ACTUALS
25 LAC 100 LAC
SINGLE BOILER 50
LAC
ALL OTHERS
MARINE CARGO RISK ACCEPTANCE LIMITS
INLAND TRNASIT POLCIES EXCEPT AS UNDER
SPECIFIED POLICIES OF SHIPMENTS BY APPROVED AND CLASSED VESSELS
SPECIFIED POLICIES OF SHIPMENTS BY NONCLASSED VESSELS
SDP/OPEN POLCIES WITH PER CONEYANCE LIMIT
OPEN POLCIES-IMPORT/EXPORT PER CONVEYANCE LIMIT-APPROVED VESS.
OPEN POLCIES-IMPORT/EXPORT PER CONVEYANCE LIMIT-NONAPPROVED VESS.
DESPATCHES BY SAILING VESSELS
PERSONAL EFFECTS & HOUSEHOLD GOODS FOR WIDER COVER
DESPATCHES BY POST/COURIER SERVICE
UNDESIRABLE RISKS AS PER LIST
CASHEW NUTS, TIMBERLOGS, CHICKPEAS, LENTILS
BULLION/SPECIE, JEWELLERY, DIAMOND
ACTUALS WITH HO RI
SANCTION
MARINE HULL FISHING VESSELS 10 LAC 30 LAC 100 LACSAILING VESSELS 10 LAC 30 LAC 50 LACINLAND VESSELS GRT<1000T 10 LAC 30 LAC 50 LACBUILDER.S RISK (<100000DWT) NIL 50 LAC 100 LAC
NIL 50 LAC 100 LAC
JETTIES AND PONTOONS 30 LAC 50 LACSHIP BREAKING RISK NIL NIL 200 LACSHIP REPAIRERS, LIABILITY NIL NIL NILCHARTERERS LIABILITY NIL NIL NILOCEAN-GOING VESSEL NIL NIL NILMOTOR AND MISCE. DEPT.ALL RISKS 1 LAC 5 LAC 20 LACBAGGAGE(PERSONAL) 1 LAC 5 LAC 20 LACBANKERS INDEMNITY 5 LAC 1 CR 10 CR
BURGLARY BUS.PREMISES-CASH 5 LAC 1 CR 10 CR-DO- STOCK 50 LAC 10 CR 50 CRCARRIERS LEGAL LIABILITY 3 LAC UNLIMITED
2.50 LAC 10 LAC 25 LACFG-FLOATER POLCIES NIL 2.5LAC 25 LACHORSE INSURANCE 3 LAC 10 LAC UNLIMITEDHOUSEHOLDERS INSURANCE 5 LAC 25 LAC UNLIMITEDJEWELLERS BLOCK 5 LAC 100 LAC 10 CRMONEY/CASH IN SAFE 5 LAC 100 LAC 10 CR
5 LAC 50 LAC 5 CR
PA-IND/GROUP PER PERSON 10 LAC 25 LAC 1 CR
5 LAC 25 LAC 50 LAC PUBLICLIABILITY 5 LAC 100 LAC 10 CRPRODUCT LIABILITY 3 LAC 50 LAC 10 CRPROFESSIONAL INDEMNITY 1 LAC 10 LAC 5 CRSHOP KEEPERS INSURANCE 2 CR 2 CRSP CONTINGENCY POLICY NIL NIL NILTV/VCR 1 LAC 5 LAC UNLIMITEDOTHER MISCELLANEOUS 5 LAC 25 LAC 2 CRAVIATION NIL NIL NILMOTOR VEHICLES 10 LAC 25 LAC UNLIMITED
DREDGERS(FLEET LESS THAN 10 DREDGERS AND TOTAL SI <2CR)
FG-IND/COLLECTIVE PER PERSON
MONEY/CASH IN TRANSIT PER TRANSIT
PA-SHORT PERIOD UPTO 90 DAYS
RISK ACCEPTANCE LIMITS
H.O.
>6 CR
YES
>500 CR
PROPOSALS CLMS
EXP>80%
FINAL ACCEPTYES
FINAL ACCEPT.
ACTUALS
YESYESYES
> 1 CR
YES
YES