WELFARE
DCPW Welfare Fund (Regd.) is established in the year 1976 with the sole objective of providing financial assistance to DCPW personnel at the time of superannuation simultaneously covering the life risk factor and providing a Death grant without charging any premium for the same. This is a self financed fund managed exclusively with the monthly subscription made by the staff members.
The existing rate of subscription with proportionate life risk cover (Death Grant) are as given below
|
Category |
Rate of Monthly Subscription |
Risk Cover /Death Grant |
|
Group ‘D’ |
Rs.20/- |
Rs.20,000/- * |
|
Group ‘C’ |
Rs.40/- |
Rs.40,000/- |
|
Group ‘B’&’A’ |
Rs.60/- |
Rs.60,000/- |
The rate of interest paid on the accumulated amount in the credits of the individuals will be @ 10% p.a. compounded yearly. A rough estimate of the amount payable while proceeding on superannuation as given below :-
|
Period of Regular Membership |
Approx. amount payable on superannuation |
|
13 years |
Two times the subscribed amount |
|
20 years |
Three times the subscribed amount |
|
25 years |
Four times the subscribed amount |
|
28 years |
Five times the subscribed amount |
|
31 years |
Six times the subscribed amount |
|
33 years |
Seven times the subscribed amount |
|
35 years |
Eight times the subscribed amount |
|
37 years |
Nine times the subscribed amount |
|
38 years |
Ten times the subscribed amount |
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Application form for Identity Card –Retired Persons (DCPW)
FORMAT
__________________________
__________________________
(2)_______________________
(3)_______________________
SIGNATURE OF APPLICANT
DATE :
PLACE:
NOTE: Two stamp size photographs may please be submitted alongwith the application form. Applicant has to make the payment an amount of Rs. 15/- if applicant collect the I/Card from HQRS., New Delhi or Rs. 35/- if the I/Card is to be dispatched at his address . Money should be deposited to the Cashier or by Demand Draft payable at the State Bank of India at New Delhi in favour of Accounts Officer of DCPW.