Retirement benefits of cops to be borne by central fund | punjab | Hindustan Times
Today in New Delhi, India
Feb 24, 2017-Friday
New Delhi
  • Humidity
  • Wind

Retirement benefits of cops to be borne by central fund

punjab Updated: Aug 11, 2015 20:30 IST
HT Correspondent
HT Correspondent
Hindustan Times

The Haryana Police on Tuesday decided that payment of retirement benefits to police personnel will be borne by the Central Police Welfare Fund (CPWF). This amount comes out to be around `2 crore annually. Presently, the payment of retirement benefits was being done by the field units. The present practice to deposit 20% of the subscription of welfare fund made by field units towards the CPWF has been stopped with immediate effect.

Haryana director general of police (DGP) Yash Pal Singhal said in case of medical emergencies such as heart attack, accident or other serious ailment, 75% loan towards expenditure incurred on treatment of employee would be given by the unit concerned from its welfare fund. All police units have been directed to prepare a combined seniority list of family quarters pertaining to all cadres of the police, including CID, SVB, GRP and HVPNL. Also, death relief money being granted to the family of a deceased employee has been enhanced to Rs 30,000 for inspector, sub-inspector, assistant sub-inspector and `25,000 for head constable, constable and Class 4 employees of the department.

The DGP said due to shortage of funds in the fields units, payment of welfare loan, retirement benefits, death relief money, scholarships was not being made in time.

Singhal said a memorandum of understanding (MoU) between the Haryana Police and HDFC Bank Limited has been signed for three years for the payment of salaries to employees through the bank. As per the MoU, `2 lakh will be given to cops on natural death and `25 lakh will be paid in case of an accidental death. It would be first instance that HDFC Bank will render such facilities to retired employees of the Haryana Police up to the age of 70, the DGP said.