T.N.E.B. PENSIONERS’ FAMILY SECURITY FUND SCHEME
The above scheme has been
introduced to provide a lump sum monetary assistance to the family of a
pensioner, in the case of death of a pensioner. According to the scheme.
a) A pensioner will be required to pay Rs.40/- p.m. uniformly
till his death. The amount will be
recovered from his
monthly pension.
b) In the case of death of the pensioner, after one year from
joining the scheme, i.e., after subscribing 12 monthly installments of Rs.40/-
each, a lump sum payment of Rs.25,000/- will be made to the spouse/
nominee/legal heirs of the pensioner.
c) If the accumulation of the fund gets exhausted in a financial year, the dependants of the
deceased pensioner, eligible for the amount will have to renew their claim in
the next financial year.
d) The sanctioning authority is the Chief Internal Audit
Officer, who shall be addressed directly by the beneficiary.
e) If the spouse is not alive, the amount will be paid to the nominee. If no nomination has been filed, the amount will be paid to the legal heirs in
equal shares. No nomination need be filed if the spouse is alive. If the spouse predeceases the pensioner, the
pensioner can nominate anybody of his choice, the receive the benefit, as per revised orders.
f) If the nominee dies after the death of the pensioner, but
before the payment under the scheme, the amount should be paid to the legal heirs of the nominee and not to the
legal heir of the pensioner. (B.P.No.21, dated 26-3-97,
Memo.No.4046/Q2/98-2 dated 14-3-98, and
Memo.No.92153-Q2/98-2, dated 26-3-99.)
2. The
scheme is optional. The pensioners
shall intimate in writing whether they are willing to join the scheme or not, at
the time of retirement and such option shall be forwarded to the Board Office
Audit Branch, along with the pension proposals. A pensioner can also with draw from the scheme after joining the
scheme, requesting the Chief Internal Audit Officer to refund the amount of
contribution recovered till the withdrawal of the option. The C.I.A.O. after verifying the recoveries
made, shall credit the recovered amount in the pension account under intimation
to the concerned.
(Memo.No.54935-Q3/97-7, dated 2-6-98).
3.
Nomination shall be filed in duplicate in respect of retired personnel
to Board Office Audit Branch and on each nomination filed, an entry regarding
the nomination shall be entered in both the halves of the Pension Payment Order
and one copy of the nomination form will be handed over to the pensioner under
the signature of the Pension Payment Officer.
4. In
respect of the Board employees who will be retiring in due course and who do
not have a spouse, they shall indicate the nomination of their choice along
with the pension sanction application form, to enable the Pension Payment
Officer to incorporate the same in the Pension Payment Order for reference in
future. (Memo.No.92153-Q2/98-2, dated
26-3-99).
D. APPLICATION
FOR SANCTION OF THE AMOUNT
5. While
applying to the Chief Internal Audit Officer for sanction of the amount in the
event of the death of the pensioner, the following documents shall be
submitted.
a) Application with details.
b) Death certificate of the pensioner, in original.
c) Xerox copy of the front page of the Savings Bank a/c Pass
Book of the claimant, opened in the I.O.B.
d) Legal Hair Certificate in original, if the claimants to the amount are legal heirs.
e) Consent letters from the legal hairs for payment of the amount to anyone of them, in whose name
the
Savings Bank a/c
has been opened.