1 / 12

P R E S E N T A T I O N B Y P D N P F

P R E S E N T A T I O N B Y P D N P F. NAVAL GROUP INSURANCE FUND INDIAN NAVAL BENEVOLENT ASSOCIATION. NAVAL GROUP INSURANCE FUND. SOCIAL SECURITY SAVINGS ELEMENT ( INSURANCE ) ( RETIREMENT ). SOCIAL SECURITY. SINGLE PARENT EDUCATION

johnathan
Download Presentation

P R E S E N T A T I O N B Y P D N P F

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. P R E S E N T A T I O NB YP D N P F

  2. NAVAL GROUP INSURANCE FUND • INDIAN NAVAL BENEVOLENT ASSOCIATION

  3. NAVAL GROUP INSURANCE FUND SOCIAL SECURITY SAVINGS ELEMENT ( INSURANCE ) ( RETIREMENT )

  4. SOCIAL SECURITY • SINGLE PARENT • EDUCATION • MARRIAGE • HOUSE • RUNNING INCOME • DIGNITY

  5. NAVAL GROUP INSURANCE FUND OFFICERS

  6. STATEMENT SHOWING CONTRIBUTION Vs SAVINGS ELEMENT - GENERAL SCHEME RATE OF INTEREST – 8.5% p.a. ANNUAL BONUS – 5%

  7. PRDIES –82 - OFFICERS FROMTOPREMIUMCOVERCOVERAGE PERIOD 01.01.82 27.09.84 Rs.3,650/- Rs.1,00,000/- 10 YRS AFTER RETIREMENT OR 65 28.09.84 31.03.91 Rs4,050/- Rs.1,20,000/- YRS OF AGE WHICHEVER IS EARLIER 01.04.91 31.08.97 Rs.3,200/- Rs.1,50,000/- 15 YRS AFTER RETIREMENT OR 70 01.09.97 31.03.01 Rs.8,000/- Rs.2,50,000/- YRS OF AGE WHICHEVER IS EARLIER 01.04.01 31.03.03 Rs.11,020/- Rs.2,50,000/- -DO- 01.04.03 31.10.03 Rs.11,200/- Rs.2,50,000/- -DO- 01.11.03 31.10.04 Rs.19,650/- Rs.3,00,000/- 20 YRS AFTER RETIREMENT OR 72 YRS OF AGE WHICHEVER IS EARLIER 01.11.04 31.10.06 Rs.19,650/- Rs.3,60,000/- 25 YRS AFTER RETIREMENT OR 72 YRS OF AGE WHICHEVER IS EARLIER 01.11.06 21.02.07 Rs.19,650/- Rs.4,00,000/- -DO- 22.02.07 31.03.08 Rs.19,650/- Rs.4,50,000/- 30 YRS AFTER RETIREMENT OR 72 YRS OF AGE WHICHEVER IS EARLIER 01.04.08 ONWARDS Rs.20,775/- Rs.4,50,000/- 30 YRS AFTER RETIREMENT OR 75 YRS OF AGE WHICHEVER IS EARLIER AVERAGE DEATH OFFICERS – 12 PER YEAR

  8. PRDIES –MIGRATION COST - OFFICERS(COVER – Rs. 4.0 LAC) GROUPMORTALITYONE TIME PREM.ONE TIME PREM. NON-REFUNDABLEREFUNDABLE 61-72 18.78 Rs.57,291/- Rs.89,417/- 62-72 19.58 Rs.55,947/- Rs.91,724/- 63-72 20.43 Rs.54,151/- Rs.94,028/- 64-72 21.34 Rs.51,841/- Rs.96,344/- 65-72 22.29 Rs.48,871/- Rs.98,548/- 66-72 23.31 Rs.45,202/- Rs.1,00,739/- 67-72 24.56 Rs.40,968/- Rs.1,03,351/- 68-72 25.90 Rs.35,690/- Rs.1,05,853/-

  9. SENIORS CITIZENS UNIT PLAN (SCUP) • BELOW 58 YRS - NIAC SCHEME LAUNCHE. SCUP SCHEME TERMINATED • AT 61 YRS - OBTAIN RESIDUAL AMOUNT FROM SCUP / UTI

  10. DEATH IN HARNESS SPECIAL SCHOLARSHIP SCHEME (a) LKG/UKG Rs. 3,500.00 p.a. (b) Class I to VIII Rs. 5,000.00 p.a (c) Class IX to XII Rs. 8,000.00 p.a. (d) Graduation Rs. 10,000.00 p.a. (e) Post Graduation Rs. 15,000.00 p.a. (f)Professional Course :- (per annum) ( i) Engg/Medical Rs. 40,000.00 (ii) Computer/Management Rs. 30,000.00 (iii) Legal Studies/Vocational Rs. 20,000.00 (g) Boarding Rs. 30,000.00 p.a.

  11. EX NAVAL PERSONNEL Sl. No. Description Officers (Rs.) Sailors (Rs.) 01. Reimbursement of fee for undertaking vocational courses for widows of naval personnel who died in harness 30,000/- 30,000/- 02. Lump sum grant on death of naval pensioner 20,000/- 10,000/- 03. Marriage of 2 daughters whose father died whilst in service and also whose father dies after retirement 20,000/- 10,000/- Per child 04. Merit scholarship for Graduation and Post Graduation after 10+2 6,000/- Day scholar 6,000/- Day scholar 10,000/- Boarder 10,000/- Boarder 05. Purchase of special equipment like hearing aids 3,000/- 3,000/- 06. Scholarships for handicapped 1,000/- P.M. 1,000/- P.M. 3-25 yrs children for special education 07. Economic Activity Venture -- 20,000/- One time grant 08. Rehabilitation grant (on invalidment- 7,500/- One time grant from service due to TB/Parapligia/Leprosy etc). 09. Wheel Chair On Actuals

  12. INFO TO PDNPF ACTION BY : NAVY FOUNDATION • ON DEATH OF PENSIONER FOR DEATH GRANT • INSURANCE CERTIFICATE FOR PRDIES • FINANCIAL HARDSHIP • MEDICAL REIMBURSEMENT

More Related