Family Security Scheme

pattern

Family Security Scheme

FEDRATION OF FAMILY PHYSICIANS` ASSOCIATION OF INDIA


President
Dr.Pragnesh Shah
(+91 9426336422) Ahmedabad 		Honorary Secretary
Dr.Pragnesh Vachharajani
(+91 9825086839) Ahmedabad 		Chairman
Dr.Janak Shah
(+91 9819225424) Mumbai 		Treasurer
Dr. Ashvin Shah
(+91 9824038819) Ahmedabad 		Convenor
Dr. Abhay Dixit
(+91 9327018200 ) Ahmedabad
Executive Committee Members
Dr Mehmood Merchant +91 9820060997 Mumbai
Dr. Dhiren Sanandia +91 9825633889 Ahmedabad
Dr.Nitin Shah +91 9376263163 Vadodara


FFPAI IS RUNNING THIS SCHEME FOR ITS MEMBERS AND SPOUSE.



The main Benefits of the Scheme are:

  • Death Benefit:On death of a member, his nominee, heir or heirs shall be paid Fraternity
    Contribution collected from the members of the scheme at 350/member.
  • Permenant Disability Benefit:member who has become permanently physically /mentally disabled, thereby rendering him unfit to practice his profession, will be Eligible to receive all the benefits and shall not have to pay any further Fraternity Contribution or Annual Membership Subscription. The permanent physical / mental Disability is subject to confirmation by medical borad.

Who Can join?

  • Any member of the Unit who fulfils the eligibility criteria of the Federation can join the scheme.
  • He should be LIFE member of the Unit to which he belongs.
  • His age should be under 65 years.
  • Spouse of the members can also join as associate member along with member and get all the benefits of the membership

Important points:

  • 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.

vector

Fees – Subscription and Contributions


(1) Admission Fees :


Age wise, non-refundable admission fees :


(2) Fraternity Appropriation Fund :


Every member shall pay Rs.5000/- 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.500/- per death of member. Out of Rs.500/-, Rs.150/- will be credited to the Corpus Fund and balance of Rs.350/- 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.



AGE GROUP ADMISSION FEES FRATERNITY APPROPRIATION FUND ANNUAL MEMBERSHIP SUBSCRIPTION TOTAL
UP TO AGE OF 30 YEARS RS 1000 RS 5000 RS 100 RS 6100
ABOVE 30, BELOW 40 YEARS RS 2000 RS 5000 RS 100 RS 7100
ABOVE 40, BELOW 50 YEARS RS 3000 RS 5000 RS 100 RS 8100
ABOVE 50, BELOW 55 YEARS RS 4000 RS 5000 RS 100 RS 9100
ABOVE 55, BELOW 60 YEARS RS 5000 RS 5000 RS 100 RS 10100
ABOVE 60, BELOW 65 YEARS RS 10000 RS 5000 RS 100 RS 15100

1000 RS EXTRA JOINING FEES FOR ASSOCIATE MEMBERS.


DOCUMENTS REQUIRED.:

  • PROOF OF AGE:BIRTH CERTIFICATE/PASSPORT/ADDHAR CARD/PANCARD
  • MARRIAGE CERTIFICATE OR COPY OF PASSPORT WITH SPOUSE NAME IN CASE OF ASSOCIATE MEMBERS
  • ALL THE DOCUMENTS MUST BE ATTESTED BY LOCAL BRANCH PRESIDENT/SECRETARY AFTER VERIFYING WITH ORIGINAL.