Family Security Scheme

We the Family Physicians have no advantage of Gratuity, pension or Service benefits as other service people have. Looking at this plight of our family members after our death or inability to maintain the show the elders of our Association first came out with Social Security Scheme.

The members of our other Units felt that it is better if our Federation start the same scheme with the best of the features, removing the drawbacks, adding other good features, so that any member of even remotest Unit can join the scheme without becoming member of G.P.A. Gr. Bombay.

The main features of the Scheme are:

Any member of the Unit who fulfils the eligibility criteria of the Federation can join the scheme.

He should be the member of the Unit to which he belongs.

His age should be under 70 years.

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The Table of age wise contribution for joining the scheme to be added from the Office.

After becoming the member the benefits start after lapse of 1 year.

The Accounting year will be from April to March (Total No. of deaths during the period).

The member would be sent Notice of payment of his Fraternity contribution every year by the month of April.

He will be paying the same latest by 30th June without any Late Fee, after that penalty clause as decided by the Constitution will start.

Till 30th September it will be accepted and then whose Fr. Contribution has not come will be declared as Defaulter. His all payments will be forfeited by the scheme.

A member will be contributing for 25 years from joining the scheme or till his death.

After 25 years he will be paying yearly fee till he survives (Now it is Rs. 100/- per year).

As soon as we come to know of the death through his death certificate within 10 – 15 days maximum we settle the claim.

For more details contact the Office during working hours on working days.

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Fees – Subscription and Contributions

(1) Admission Fees :

Age wise, non-refundable admission fees, are as under :

• Upto the age of 30 years : Rs.1000/-
• Above the age of 30, but below the age of 40 years : Rs.2000/-
• Above the age of 40, but below the age of 50 years : Rs.3000/-
• Above the age of 50, but below the age of 55 years : Rs.4000/-
• Above the age of 55, but below the age of 60 years : Rs.5000/-
• Above the age of 60, but below the age of 70 years : Rs.10000/-

(2) Fraternity Appropriation Fund :

Every member shall pay Rs.1000/- towards “Fraternity Appropriation Fund” along with admission fees. This security deposit will be refunded to the nominee after the death of the member or to the member with the benefit of permanent disability after adjusting the recovery if any.

No interest shall be payable on refund of payment towards Fraternity Appropriation Fund.

(3) Annual Membership Subscription :

Every member of the scheme shall pay Rs.100/- every year as Annual Membership Subscription, before 30th June.

(4) Fraternity Contribution :

Every member of Family Security Scheme shall pay Fraternity Contribution of Rs.100/- per death of member. Out of Rs.100/-, Rs.30/- will be credited to the Corpus Fund and balance of Rs.70/- will be paid to the nominee of the deceased member or the permanently disabled member. If a member pays every year his fraternity contribution continuously and regularly for 25 years, he shall not have to pay such contribution afterwards, yet he shall remain the member of the scheme and will be entitled for all the benefits, upon continuous payment of Annual Membership subscription.