PAY SCALES

AO
SCALE - I
AM
SCALE II
DY.MGR. SCALE
III
MANAGER
SCALE-IV
RM/CM SCALE
V
DGN
SCALE-VI
GM
SCALE-VII
17240 23120 28160 34460 41660 46610 52210
18080 23960 29000 35660 42860 48010 53610
18920 24800 29910 36860 44060 49410 55010
19760 25640 30820 38060 45260 50810 56510
20600 26480 31730 39260 46610 52210 58150
21440 27320 32640 40460 47960 53610 59850
22280 28160 33550 41660
23120 29000 34460 42860
23960 29910 35660 44060
24800 30820 36860
25640 31730 38060
26480 32640 39260
27320 33650 40460
28160 34460 41660
29000 35370
29910 36280
30820 37190
31730 38100
62640 39010
33550
34460
35370

STENO/ SR.ASST ASSISTANT RECORD CLERK DRIVER SUB-STAFF FTS
10670 7640 7085 7085 6180
11425 8080 7390 7390 6430
12180 8560 7695 7695 6680
12935 9040 8020 8010 6930
13690 9580 8345 8325 7180
14530 10120 8670 8640 7430
15370 10660 8995 8955 7695
16210 11200 9320 9270 7960
17050 11740 9670 9585 8225
17890 12365 10060 9900 8490
18730 12990 10450 10215 8755
19570 13750 10880 10530 9020
20410 14510 11310 10845 9285
21250 15270 11740 11160 9550
22090 16060 12220 11475 9865
22930 16850 12700 11790 10190
23770 17690 13180 12105 10515
24610 18530 13660 12455 10905
25450 19370 14140 12805 11295
26290 20210 14670 13195 11685
27130 21050 15200 13585 12075
27970 21890 15730 13975 12465
28810 22730 16260 14365 12855
29650 23570 16790 14755 13245
30490 24410 17320 15145 13635
31330 25250 17850 15535 14025
26090 18380 15925
26930 18910 16315
Record Clerk who have reached ceiling of the scale after completion of one year will be taken to
Assistant scale and will get increment.
Sub-Staff/Driver who have reached ceiling of the scale after completion of one year will be taken to
Record Clerk scale and will get increment.

PAY SCALES CLASS-II
DEV OFF
GR-1
DEV OFF GR-1 DEV OFF GR-1 DEV OFF GR-2
12175 18995 26055 8280
12930 19775 26875 8820
13685 20555 27715 9360
14440 21335 28555 9900
15195 22115 29395 10515
15950 22895 30235 11130
16705 23675 31075 11745
17460 24455 31915 12360
18215 25235 32755 12975
13590
14205

CLASSIFICATION OF CITIES
FOR HRA: A CLASS CITY: Cities of Mumbai, Navi Mumbai, Kolkata, New Delhi, Chennai, Ahmedabad, Bengaluru, Hyderabad, Pune, Faridabad,
Ghaziabad, Noida and Gurgaon.
B CLASS CITY: Cities with Population exceeding 12 lacs except the cities mentioned at serial number 1, Gandhinagar and all cities in the state of
Goa.
C CLASS CITY: All other Places
For CCA: A CLASS CITY: Cities of Mumbai, Navi Mumbai, Kolkata, New Delhi, Chennai, Ahmedabad, Bengaluru, Hyderabad, Pune, Faridabad,
Ghaziabad, Noida and Gurgaon.
B CLASS CITY: Cities with Population exceeding 12 lacs except the cities mentioned at serial number 1, Gandhinagar and all cities in the state of
Goa.
C CLASS CITY: Cities with population of 5 lacs and above but not exceeding 12 lacs, State capitals with population not exceeding 12 lacs,
Chandigarh, Mohali, Panchkula, Pondicherry, Port Blair.
2. DA: Basic x 0.15% (Slab means 4 points rise or fall above 2944 points in All India CPI 1960 Base)
3. HRA
CITY-A CITY B CITY C
RATE Min Rs. Max
10% 700 3200
RATE Min Rs. Max
8% 600 2700
RATE Min Rs. Max
7% 570 2600

4 CCA
CCA

CLASS I
CLASS II
CLASS-III & IV
CITY - A CITY B CITY-C
RATE Rs
3% 800
3% 675
3% 205 - 635
RATE Rs
2.5% 760
2.5% 625
2.5% 170 - 595
RATE Rs
2% 590
2% 545
2% 125-510

5. QUALIFICATION PAY: Class 2,3,4 Licentiate-Rs.180/-pm, Associate Rs.490/- pm, Fellow/MBA-Rs.820/-pm.
6. GRADUATION INCREMENTS: Assistants who passed Graduation before 1
st
day of August 2007 are eligible for Two increments (who has not
reached ceiling).

7. GRADUATION ALLOWANCE: On reaching ceiling
Assistant Rs.300/- for 1
st
year, - Rs.530/- 2
nd
year onwards.
R.C. who completed the graduation is eligible for Grad.Allow. Rs.200/- pm.
8. SPECIAL FUNCTIONAL ALLOWANCE:
Cashier Rs.800/- p.m
Sub-staff (Cash & Key) Rs.375/- p.m
Sub-Staff (other than cash & key) Rs.165/- p.m
Steno to CMD/GM/DGM Rs. 75/- p.m
Telex Operators Rs. 60/-p.m

9. FIXED PERSONAL ALLOWANCE
Rev Pre Rev Rev Pre-Rev
GM 1700 400 CI.II.Gr.1 840 230
DGM 1400 300 CI.II.Gr.2 615 130
R.M 1350 250 Sr.Asst/Steno/Asst. 840 230
Mgr/DY.mgr 1200 250 R.C 530 130
AM/AO 910 230 Drive/S.S 390 100
Pre Revised FPA will qualify for PF and other superannuation benefits ie., EL,Encashment, Gratuity & Pensiion.
10. STAGNATION INCREMENT:
MANAGER DY.MGR AM AO
I INCR.EVERY 3 YRS 2 INCR.EVERY 3 YRS 5 INCR. EVERY 3 YEARS 3 INCR. EVERY 3 YEARS
DEV. OFF GR 1 DEV.OFF GR.2 SR.ASST./STENO ASST
3 INCR.EVERY 3 YRS 3 INCR. EVERY 3 YEARS 6 INCR. EVERY 3 YEARS 7 INCR. EVERY 2 YEARS

11. WASHING ALLOWANCE: Rs.150/- p.m
12. KIT ALLOWANCE: Class 1 = Rs.4000/-, class 3,4 Rs.1000 one time or transfer to hill station
13. TRANSPORT ALLOWANCE: Class 1 = Rs.800/- p.m, Class 2=Rs.375/-, Class 3 & 4= Rs.275/- p.m. For Physically Handicapped
w.e.f.01.01.2011 Rs.400/- p.m
14.PARADEEP PORT ALLOWANCE: With effect from 01.11.2010 or date of appointment, whichever is later, every confirmed employee posted
in the office of the Company in Paradeep Port shall be paid an allowance of Rs.110/-p.m. so long as he is posted in that office. This allowance
shall not be treated as basic salary for any purpose.
15. HILL STATION ALLOWANCE:
SL.NO High of Place of Posting
(above mean sea level)
Class II, III & IV Class I
1. 1500 meters and above 2.5% of the Basic pay subject to max of
Rs.370 per month Rs.460
2. 1000 meters and over but less than 1500 meters, Mercara and places
which are specifically declared as Hill Station by Central Govt. or as the
case may be, the State Govt. for their employees
2% of the Basic pay subject to Max. of
Rs.290/- Rs.370 p.m
3 Not less than 750 meters and accessible only through hills with a height
of 1000 meters and over
2% of the Basic pay subject to Max. of
Rs.290/- pm Rs.370/-

16. SPECIAL AREA ALLOWANCE: As per LIC
17. HINDI EXAM
Marks Prabodh Praveen Pragya
Above 70% 800 1200 1200
60%-70% 400 800 800
55% - 60% 200 400 400
(Asst (T) who passes Hindi Typing-1 advance Increment for 1 year)
(Steno (E) who passes Hindi Steno-2 ad.increment for 1 year) In addition to advance increment, cash incentive also payable on securing the
marks as follows:
Marks Typist Marks Steno
Above 97% 1200 Above 95% 1200
95%-97% 800 92%-95% 800
90%-95% 600 88% -92% 400





18. LEAVE TRAVEL SUBSIDY:
BLOCK YEAR Class-1 (2011-12) (odd to even year)
Class-2,3,4 2010-11 (Even to odd year)
ENTITLEMENT: BASIC BELOW Rs.12,365/-: II Cl.Sleeper
BASIC ABOVE Rs.12,365/-: II AC
Fare & Surcharge II CL.Sleeper - Rs.531/-(3000kms)
As applicable I Class - Rs.1983/-(3000kms)
II AC - Rs.2070/-(3000kms)
6000 kms. To & fro per person w.e.f.12.04.2011

19. EL ENCASHMENT: For all Classes: Block year 2010-11 (every 2 yrs.)
Entitlement: Basic +DA+HRA+CCA
Mandatory leave for 15 days for availing EL encashment is withdrawn w.e.f.01.12.2010

LEAVE RULES REVISED: (w.e.f.01.01.2011)
Casual Leave: Allowing half day Casual Leave for a maximum of Six occasions in a calendar year (12)
R.H: Can be clubbed with any leave (2)
Intervening Holidays between casual leaves not to be taken into account as leaves.
EL: The Provision of availing Earned Leave is reduced to minimum of six days in place of seven days. (240 max. accumulation)

20. MATERNITY LEAVE: For female employee including PTS not exceeding 180 days in respect of each confinement not exceeding 12 months
including miscarriage, medical termination of pregnancy.

21. ADOPTION LEAVE: Adoption leave for childless female employee including PTS not exceeding 2 months in respect of only one child.
(Subject to childs age below 12 months)

22.SPECIAL SICK LEAVE: Allowed for a period not exceeding 6 months on half pay, if NO sick leave to his/her credit for major diseases-Cancer,
Leprosy, TB. Paralysis, Brain Tumor, Cardiac ailment, Kidney diseases, AIDs or Mental Diseases.

23. FESTIVAL ADVANCE:
Class 1 Rs.13,000/- OR One months Gross Salary whichever is less
Class-2,3,4 Rs.11,000/- OR one months Gross Salary whichever is less
PTS Rs.5,500/-

24. FLOOD/DROUGHT ADVANCE: Rs.15,000/- payable in 25 equal installments.

25. PF LOANS:
For all classes Refundable Non-Refundable
Purchase of Plot/House, Construction of
house, Higher education, Major illness
3 times of basic +DA
Marriage Max. 6 months Basic +DA Payable
Other occasions Max.3 months Basic+DA 3 times basic + DA

Employees who are retiring can withdraw 90% of accumulated PF own contribution within one year to their retirement.

26. VEHICLE LOAN
Class I Rs.50,000/- or vehicle cost whichever is less
Class3 & 4 Rs.25,000/- or 80% of vehicle cost whichever is less Deduction in 60
Installments

27.HOUSING LOAN
Sch.Loan Sup.Loan Sch.Loan Sup.Loan
GM& Above 400000 600000 Dev.Off 275000 375000
DGM 400000 500000 Sr.Asst/Steno/Asst 275000 325000
RM/MGR 400000 450000
Dy.MGR 365000 435000 RC 225000 275000
AM/AO 325000 375000 Sub-staff 175000 225000
Interest Chargeable 5% on Scheme Loan and 7.5% on Supplementary loan; if let out addl.int of 2.5% on the scheme loan.
Eligibility Maximum of 45% of Gross salary
Second Loan: Eligible amount: Difference in Loan availed & Present Loan
Eligibility can be availed two times in service




28. GROUP MEDICLAIM ELIGIBLE SUM INSURED
Basic below 22,730/- Rs.70000/-
Basic Rs.22,731/- to 29,000/- Rs.1,00,000/-
Rs.29,001/- and above Rs.1,55,000/-

Employees can opt Sum Insured upto Rs.5,00,000/- Retired employees also eligible for Group Mediclaim along with spouse, and two dependent
children.

29. CMD S RELIEF FUND
For Major illness- 2 times in a service upto a maximum of Rs.3 lakh per illness or 90% reimbursement of incovered amount. 80% of medical
Exp. Sub to a max. Rs.5 lakhs for self/non earning spouse and dependent children.

30. LUMPSUM MEDICAL BENEFITS:
Class1: Basic below Rs.31,725/- -8,000/-, above Rs.31,725/- Rs.12000/- payable in the month of December for completed year.

Class2: Basic below Rs.25,235/- - Rs.5000/-, above Rs.25,235/- Rs.8000/- payable in the month of December for completed year.

Class 3 & 4 Rs.4,000/- payable in the month of July for advance year.

31. UNIFORMS
Sub-Staff/FTS 5 sets uniform & 1 set shoes every 2 years; 1 pair chappals for female
employees every year, umbrella (or) Rain coat once in two years.
Part Time Sweepers 3 sets uniform every 2 yrs. 1 pair chappals every year

32. LEASED ACCOMMODATION ON PROMOTION/TRANSFER
CADRE METRO A-CITY B-CITY C-CITY
Scale VII * NA NA NA
Scale VI * * * NA
Scale V & SDM 13000 9500 5750 4750
Scale III & IV (other than
SDM)
12000 9000 5300 4200
Branch Manager Scale 1
& II (other than Branch
I/C)
10000 7500 4500 3300
Sr.Asst / Steno 6000 4000 3000 2500
*To be decided by the CMD upto 125% of the limit for Scale V Officers for the respective class of city on case to case basis.

33.TRANSPORTATION EXPENSES
DISTANCE RATE PER TON PER KM
upto 2000 kms Rs.1,.40
Beyond 2000 kms Rs.1.10

34. PACKING CHARGES
DGM & ABOVE RM & MGR DY.M/AM/AO DEV.OFF CLASS 3 & 4
2500 1800 1500 500 < 9440 350
> 9440 - 500

35. TRANSFER GRANT
Class- 1 Class 2 Class-3,4


One month Basic Salary


< 23675 Rs.750
> 23675 Rs.1000
One month basic on promotion transfer
For all other transfers
< 14,510 Rs.500
14531 to 22930 Rs.750
> 22,930 Rs.1000


36. HALTING ALLOWANCE w.e.f. 01.12.2010
City-A City-B City-C
MGR,CM,DGM,GM 1000 800 700
AO,AM,Dy.Mgr 800 700 600
Development
Officers/Sr.Asst./Steno
500 375 300
Assistant, RC 375 275 225
Class IV Employees 325 225 125

37. HOTEL CHARGES
MAJOR CITIES AREA-1 OTHER PLACES
GM/DGM 4000 2000 1750
RM/MGR 2500 1500 1300
Dy.Mgr/AM 1500 1000 800
AO 1000 750 500
Dev.Off 900 675 450
Class 3 800 600 400
Class- 4 700 525 350


38. GPA COVER
Rs.3 lakhs or 36 times of last drawn Basic Salary whichever is less 24 hrs. cover

39. GSLIP
Category Basic pay range Life cover Contribution Savings portion Risk Portion
I 49411 & above 700000 656 492 164
II 35661-49410 560000 524 393 131
III 25451-35660 420000 392 294 98
IV 13691-25450 280000 260 195 65
V 7391-13690 200000 188 141 47
VI Upto 7390 110000 104 78 26

40 GTIS
Category BASIC PAY TERM RANGE PREMIUM COVER
I 49411 & ABOVE 700000 164
II 35661 49410 560000 131
III 25451-35660 420000 98
IV 13691-25450 280000 65
V 7391-13690 200000 47
VI UPTO 7390 110000 26
(Pension optees are only eligible for GTIS)

41.GRATUITY
As per Act Rs.10 lacs Maximum
Formula: Basic+DAx15/26x no. of years of service
As per Scheme 20 months Basic Maximum
Basic Salary means last drawn basic + FPA if any
Calculation should be made as per Gratuity Act and as per scheme whichever is higher.

42. EMPLYEE DEATH LINKED INSURANCE (EDLI)
New India Rs.62,000/-, United India Rs.50,000/-, National Rs.31,000 & Oriental Rs.26,000/-.

All employees are covered under this scheme, who died during the service, their family members will get the said amount under this scheme.

44. PROFESSIONAL TAX
ANDHRA PRADESH
Gross Salary Tax Per Month Rs.
Upto 1500 0
1501- 2000 16
2001-3000 25
3001-4000 35
4001-5000 45
5001-6000 60
6001-10000 80
10001-15000 100
15001-20000 150
20001-100000 200





KARNATAKA

Gross Salary Tax Per Month Rs.
Upto 5000 30
5001-8000 60
8001-10000 100
10001-15000 150
15001 and above 200

TAMILNADU

Gross Salary Tax Per Month Rs.
Upto 21000 NIL
21001-30000 100
30001-45000 235
45001-60000 510
60001-75000 760
75001 AND ABOVE 1095


KERALA

Gross Salary Tax Per Month Rs.
Upto 11999 NIL
12000-17999 120
18000-29999 180
30000-44999 300
45999-59999 450
60000-74999 600
75000-99999 750
100000-124599 1000
125000 and above 1250





RETIREMENT BENEFITS

Pension (for pension optees)
Commutation 1/3 rd of basic pension (pension optees)
Own contribution of PF (for pension optees)
Own & Companys contribution of PF (for PF optees)
Gratuity
EL Encashment Basic+DA+Pre revised FPA if any
GSLI savings portion
Mutual Benefit Society RBS (if opted)
Travelling Expenses to Home Town

DEATH BENEFITS
Family Pension (for pension optees)
PF own contribution (for pension optees)
Own & Companys contribution ( for PF optees)
Gratuity
EL Encashment
GSLIP Savings + Sum Insured
GTIS (for pension optees)
EDLI
Mutual Benefit Society SDRS (if opted)
Ex-gratia in lieu of compassionate appointment Rs.1-3 lacs (not for all cases individual cases to be referred to personnel
department)
If death due to accident Rs.3,00,000/- or 36 months Basic Salary, whichever is less
Travelling Expenses to Home Town to the family

INCOME TAX

Rates of Income Tax
For Taxable Income of Rate
Less than Rs.1,80,000 NIL
Rs.1,80,001 5,00,000 10%
Rs.5,00,001 8,00,000 20%
Above Rs.8,00,000 30%
Education Cess: 2% on the amount of tax deducted inclusive of surcharge + 1% Higher Education Cess
Women Employees are exempted from Tax upto annual income of Rs.190000/-
Rebate under Section 80C: Full amount will be deducted from taxable income subject to maximum of Rs.100000/- for all heads together or
any one of the following savings: PF, VPF, LIP,GSLIP, GTIS, HBL Principal, PPF, Direct LIP, Tution Fee, ULIP, NSC & Infrastructure Bonds.


Tution Fees: (Excluding Donation or Development Fund) for maximum for 2 children is eligible for rebate under 80-C

Allowances Exempted U/S 10:
(A) HRA (B) Conveyance Allowance (C) Professional Tax

Other Exemptions:
Mediclaim U/S 80DRs.15000/-
HBL Interest U/S 24.Rs.150000/-
Donations U/S 80G..Rs/10000/-
Physically Handicapped U/S 80U
Upto 80% disability.Rs.50,000/-
Above 80% disability..Rs.100000/-
Infrastructure Bonds...Rs.20,000/-
Sec.80DDB-Major disease Treatment Expenses Rs.40,000/-

Reimbursement for purchase of briefcase/leather bag to officers/Development Officers once in Three years

CADRE OF OFFICERS REVISED LIMIT (RS.)
DGM & Above 2500
Managers/Chief Managers 2150
Dy.Managers/Asst.Managers 1850
Admin.Officers 1500

Mediclaim to Retired Employees:
Retired employees are eligible under group medical policy provided they were members of group mediclaim policy before retirement. The
retired employees are required to deposit entire premium less group discount before commencement of the policy period ie 1
st
April every
year. Retired employees with spouse and dependent children are eligible.

Transfer and Mobility Policy (TMP)
1) Class III employees who have completed 3 years of service in a department are eligible to shift to another department in the same
office under job rotation.
Class III employees who have completed 5 years of service in an office are eligible for transfer to another office in the same centre.
Maximum 25% of the eligible employees in the office.

2) Class III employees who have completed 10 years of service in a place are eligible to transfer to another place within a radius of 150
kms. Maximum 25% of the eligible employees in a place.
3) Request transfer can be considered only to a place where there is a vacancy and completed 3 years of service in that place. Not
more than 2 transfers on any ground shall be allowed during the service period of an employee.
4) Transfer request on the grounds of spouse joining shall be considered after completing a period of two years in the current place
of posting, where the spouse is employed in Government / Public Sector undertaking.
5) Transfer request on the grounds of major sickness of the self, spouse or dependent children shall be considered immediately.
6) Employees transferred under TMP will get disturbance allowance of Rs.400/- p.m upto 150 kms., beyond 150 kms Rs.600/- p.m.
Existing HRA, CCA will be protected.








PROMOTION POLICY

Promotion to the cadre of AO under para 13.1 (Senior Assistants/Stenographers)
i) Senior Assistants who have put in 7 years of service in the cadre or Stenographers who have put in 12 years of service in the
cadre.
ii) Senior Assistants and Stenographers who have put in 5 years of service in the cadre and have passed the Licentiate
Examination of the III/PGDCA.
iii) Senior Assistants and Stenographers who have put in 3 years of service in the cadre and have passed the Associate
examination of the III.
iv) Senior Assistants and Stenographers who have passed Fellowship examination of III or MBA or MCA or ACA or FCII or ACWA or
Graduate in Engineering (Civil, Mechanical or Electrical) or PGDBM or ACS.

Promotion to the cadre of AO under para 13.2
Graduate and Post Graduate employees with atlease 50% marks (40% for SC/ST employees) in any degree examination, employees holding
FII,MBA,MCA, ACA,ACWA,ACS,PGDBM shall be allowed to appear for not more than occasions 4 for general and 5 for SC/St in the entire period
of service for the competitive examination and those securing atlease 60% marks (50% for SC/ST employees) shall be considered for promotion
to the cadre of AO. Selection shall be made on the basis of Seniority, Qualifications, Work Record, Interview and as also the marks obtained in
the Competitive Examination.
Existing Max.Marks
Seniority
Qualifications
Work Record
Interview
30
30
25
15
Total 100

Promotion to the Cadre of Senior Assistant:
i) Assistants who have put in 7 years of service in the cadre.
ii) Assistants who have put in 5 years of service in the cadre and have passed the Licentiate Examination of the III/PGDCA.
iii) Assistants who have put in 3 years of service in the cadre and have passed the Associate examination of the III.


Existing Max.Marks
Seniority
Qualifications
Work Record

40
30
30
Total 100

iv) Assistants who have completed 25 years of service and 55 years of age are eligible for one time promotion.

Promotion to the cadre of Assistant:
i) Confirmed subordinate staff/Drivers/Record clerks who possess minimum Educational Qualifications laid down for direct
recruitment of Assistants provided they have passed with English/Hindi as one of the subject at SSC/Graduation level.
ii) Record Clerks who have put in 5 years of service in the cadre are eligible to write the Departmental Examination.
iii) Subordinate Staff and Drivers who have passed at least VIII Standard examination and have put in at least 10 years service as a
Full Time Employee in the Company are eligible to write the Departmental Examination.
Existing Max.Marks
Seniority
Qualifications
Work Record

50
30
20
Total 100













HOLIDAY HOMES
NEW INDIA
Puri
Darjeeling
Manali
Mussorie
Nainital
Ooty
Mysore
Kodaikanal
Panchagani
Matheran
Mount Abu
Goa
Udipi
Shiridi
Varanasi
NATIONAL
Puri
Goa
Nainital
Ooty
Haridwar
Gangtok
Varanasi
Panchmari
Vellore (Medi Home)
Mount Abu
Mussori
Manali
Vizag
ORIENTAL
Bangalore
Ooty
Kodaikanal
Manali
Mussorie
Darjeeling
Shimla
Goa
Gangtak
Jagannathapuri
Nainital
Trivendrum
UNITED INDIA
Chennai
Kodaikanal
Mysore
Goa
Haridwar
Nainital
Tirupati
Vellore
Manali
Puri

WELFARE SOCIETY BENEFITS UNITED INDIA
BENEFIT AMOUNT RS.
Expenses on Education (School fee, Cost of Text Books, note Books, Uniforms etc.) per year
per 2 children
Upto XII Standard and Lower Education grant
Rs.200/-
Grant for sub-staff for passing SSC or equivalent exam Rs.200/-
Insurance qualification lump sum grant
a) Licenciate
b) Associateship
c) Fellowship

Rs.200/-
Rs.400/-
Rs.750/-
Grant for Higher education for post-graduate course for members pass and/or each of his
dependent children passing with 60% marks:
a) Any Masters degree/Ph.D awarded by a recognized University
b) B.L or equivalent Degree
c) B.E. Or equivalent Engineering Degree
d) MBBS or equivalent Medical Degree
e) B.V.Sc
f) CA, Company Secretary ship, ACS
g) Post-Graduate diploma courses not less than 1 year
h) Deiploma in Insurance Law
i) MCA/MBA/B.Pharm.
Rs.500/-
Awards to Children of members:
Meritorious cash award to the wards of members who get first three ranks as declared by
the Govt. in the 10
th
& 12
th
Public Examination at State level


Rs.6000/-
Medical Grant:
Members who suffers from the following major disease by-pass surgery, leprosy,
tuberculosis, kidney transplantation, cancer and paralysis


Rs.6000/-
Family Planning Incentive Rs.250/-
Funeral Grant Rs.4000/-
Loan for Marriage
1) Self and children
2) Dependant sisters marriage

Rs.18000/-
Death Loan:
To meet the funeral expenses in case of death of spouse, parents or children, Recoverable in
30 equal monthly installments

Rs.6000/-
LTS Loan Rs.5000/-
Educational Loan
a) Medicine, b) Engineering, c) IIT d)CA e) M.V.Sc. f) MCA g) B.Pharm
Higher / Professional courses


Rs.18000/-
Supplementary PTD/DRS/RBS Scheme
a) Retirement below 56 years of age
b) From 56 to 59 years of age
c) Normal Retirement

Rs.5000/-
Rs.30000/-
Rs.50000/-

Medical Special Loan
For fixing artificial limb/hearing aid etc., (Recovery in 15 months)

Rs.3000/-
Holiday Home Rent
Chennai - Self & Family
Kodaikanal Self & Guest
Mysore ( For all)

Rs.100/-
Rs.100/-
Service Memento
Will be given to the employees who have put in 20 years of service in the office and 10 years
of membership in the welfare society

Subscription
Per month
Plus RBS/DRS

Rs.25/-
Rs.50/-









PENSION SCHEME

1) Employees who have opted pension scheme are eligible to get the pension after putting in 10 years of service on superannuation. If
employee dies during the service his/her wife/husband or dependent children will get family pension irrespective of service. Full
Pension will be given to the deceased employees family upto 7 years from the date of death or 65 years of age of the deceased
employee, whichever is earlier.
2) Basic pension means 50% of the last 10 months average basic.
3) Formula is (no of years of service + 5) X 50% of the last 10 months average Basic/33.5 years notional credit will be given to the
employees who have completed 20 years of service.
4) Pension optees can commute the pension subject to max. of one third of the eligible basic pension. For that lumpsum amount will
be paid. After 15 years commuted pension portion will be restored.
5) Dearness Relief (DR) will be given on the Basic Pension and will be revising every 6 months.
6) Employees who are joined on or after 01.01.2004 covered under new pension scheme. Employees have to contribute 10% on Basic
plus DA and matching contribution from the employer.

VOLUNTARY RETIREMENT

Employees who have completed 20 years of service and opted for pension scheme are eligible to take voluntary retirement. They will get all
benefits including EL encashment.

Employees who have completed 55 years of age and not opted for pension are eligible to take voluntary retirement. They will get all benefits
including EL encashment.