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Labour Welfare

Benevolent Fund Scheme

The Himachal Road Transport Corporation has introduced the Benevolent Fund Scheme and the following monetary benefits are being given to the employees of Himachal Road Transport and their wards out of the HRTC Employees Fund, under this scheme:

Description

Amount (in Rs.)

a. On death of employee while in service

75,000

b. Retirement of Employees

 

i.             On superannuation

15,000

ii.           On compulsory retirement

7,500

iii.         On voluntary retirement

7,500

c.    i.      Permanent Disability

10,000

       ii.      Permanent Disability (Partial)

5,000

       iii.     Wards suffered from paralysis/Polio

15,000

d. Cash awards to the wards securing 75% and above marks in final examination in 8th, 10th, +1, +2, B.A., B.Sc., B.Com., M.A., M.Sc., M.Com., L.L.B, Mechanical Engineering etc.

      

        i.     75% to 79%               A. Boys

                                               B. Girls

       ii.      80% to 89%              A. Boys

                                               B. Girls

       iii.     90% or above            A. Boys

                                              B. Girls

 

 

 

 

1,200

1,500

1,800

2,250

3,000

3,750

e. Cash awards to the wards of HRTC employees getting distinction in the final examination as mentioned in Col No. d. above

       i. In one subject

       ii. In two subjects and above

 

 

 500

1,000

f. Monetary relief to employees in stress due to serious fire, flood, riots, complete damage of house, etc.

5,000