Act

The Welfare Fund Board operates as per the law to provide comprehensive social security.

Pension Distribution - Members who have obtained membership in the Welfare Fund and contributed for the required period are eligible for a pension.

Application Procedures

• Applicants must submit membership documents, an ID card, and a bank passbook.
• Application forms are available at the office.
• Pension payments will be disbursed on a monthly basis.
• Applicants must be 60 years old.

Scheme

The scheme, launched under the Welfare Fund Board in 1998, is designed to provide financial assistance to members.

Key Features of the Scheme:

• Provides financial aid to members of the Welfare Fund.
• Offers educational assistance for members' children.
• Financial support for those facing unemployment due to illness or accidents.
• Includes pension benefits, medical assistance, and family support for deceased members.

Scholarship

Educational assistance is available for the children of members who contribute to the Welfare Fund.

Scholarship Award Conditions:

• The applicant’s parents must be members of the Welfare Fund.
• Applicants must be school or college students.
• The application must include admission records, mark lists, and bank account details.
• The scholarship amount will be credited online to the applicant's account.