Federal Employees Benevolent and Group Insurance Funds

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Grants

  • 1BURIAL CHARGES of Rs. 10,000 on death before 70 years' age
  • 2MONTHLY BENEVOLENT GRANT (Rs. 2,000 to Rs. 4,000) on medical retirement or on death during service or on death after retirement before 70 years' age of the employee.
  • 3SUM ASSURED (Rs. 199,000 to Rs. 700,000) on death during service.
  • 4

    FAREWELL GRANT equal to one month pay on retirement after 20 years' service.

  • 5MARRIAGE GRANT of Rs. 50,000 on marriage of one child of serving, retired and deceased employees.
  • 6EDUCATION STIPENDS for two children studying in intermediate or above excluding M.Phil/PhD. programs of serving, retired and deceased employees as per following categories:-

    Category-I   100% reimbursement of tuition/semester fee for professional studies (medical, IT, Engineering and Business studies) in public sector universities/colleges/institutions.

    Category-II Children studying in Intermediate and have obtained 80% marks in the last held examination—Rs. 10,000 p.a.

    Category-III  Children studying in Graduation and have obtained 80% marks   in the last held examination—Rs. 12,000 p.a.

    Category-IV Children studying in Masters and have obtained 80% marks in the last held examination—Rs. 15,000 p.a.

    Category-V Professional studies of Engineering, IT, Business studies and Medical in private universities and, have obtained 70% marks in the last held examination—Rs. 20,000 p.a.

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