Railway Accounts Department Examinations

Showing posts with label SBF. Show all posts
Showing posts with label SBF. Show all posts

Tuesday, May 1, 2018

SBF - Staff Benefit Fund



SBF - Staff Benefit Fund

·         Chapter VIII of I.Rly.Establishment Code

·         established on Indian Railways in the year 1931.

·         established for the welfare of the Railway employees and their children.

·         A Railway Staff. Benefit Fund shall be maintained for each Zonal Railway. 

·         SBF debited with  activities are 1)Education 2) Recreation 3)Sickness 4)Sports 5)Scouts 6)Indigenous systems of medicine (Homeopathy)

·         SBF credited with

1.    Annual grant on the 01st April of each financial year from the Railway Revenues on "PER CAPITA" basis based on the total sanctioned strength (permanent & temporary).  Work charged posts will not be considered.  At present Per Capita contribution is Rs.800/-
2.    All receipts from fines
3.    Forfeited PF bonuses of Non Gazetted staff
4.    50% of expenditure incurred by Railways on the grant scholarships for technical education of children of Rly staff during the previous year.
5.    Unpaid wages over three years period.

·         Zonal SBF committee composition is as follows

SN
Position

1
Chairman
CPO
2
Member
CMO
3
Member
CE
4
Member
Six members equally to be selected from the two recognized Unions
5
Member

Member
7
Member
8
Member
9
Member
10
Member
Representative from All India Scheduled Castes & Scheduled Tribes Railway Employees Association (AISC&STREA)
11
Member
Representative from All India OBC Railway Employees Association (AIOBCREA)

12
Secretary
Welfare Inspector nominated by GM
 Divisional SBF/Workshop SBF committee composition is as follows

SN
Position

1
Chairman
DPO/WPO
2
Member
One officer nominated by DRM/CWM
3
Member
Four members equally to be selected from the two recognized Unions
4
Member
5
Member
6
Member
7
Member
Representative from All India Scheduled Castes & Scheduled Tribes Railway Employees Association (AISC&STREA)
8
Member
Representative from All India OBC Railway Employees Association (AIOBCREA)

9
Secretary
Welfare Inspector nominated by DRM/CWM

·         The cost of stationery, printing charges of forms, postage charges and other contingent expenses relating to the Fund is met from the Railway Revenues.

·         The accounts of the SBF will be monitored and internally checked by the office of the FA&CAO and the Audit will make the checks.

·         Annual Reports on the working of the SBF should be submitted by each Railway Administration to the Railway Board.

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