Massage from ICSI -Financial Benefits from CSBF

Dear  CS Member,

As you are kindly aware, the Managing Committee of  the Company Secretaries Benevolent Fund has revised the financial benefits for the members of the fund w.e.f 1st April, 2012 . The details of the same are as under:-

Financial Assistance in the event of Death of a member of CSBF

Upto the age of 60 years
·               Upto Rs.3,00,000 in deserving cases on receipt of request subject to the Guidelines approved by the Managing Committee from time to time; and
·               Group Life Insurance Policy for a sum of Rs.2,00,000
Above the age of 60 years
·               Upto Rs. 2,00,000 in deserving cases on receipt of request subject to the Guidelines approved by the Managing Committee from time to time; and
Reimbursement of Medical expenses
·               Upto Rs.60,000
Education Allowance
·               Upto Rs.20,000 per child subject to maximum of two children in case of the member leaving behind minor children
Benefits to Members admitted to the CSBF after attaining the age of 60 years
The members above the age of 60 years can be admitted to the Fund.  However, in the event of death, financial assistance would be released @ Rs.40,000 for every completed year of membership or part thereof  in excess of six months subject to a minimum of Rs.50,000 and maximum Rs.2,00,000

It will be highly appreciated if you may please disseminate the said information on CSBF and its benefits/advantages amongst the CS fraternity and encourage others (Non-CSBF members) to be members of CSBF.

A brochure  highlighting  the benefits and financial position of the fund is available at website http://www.icsi.edu/docs/csbf/CSBF_brochure.pdf for your kind reference.

http://www.icsi.edu/docs/csbf/CSBF_brochure.pdf