FBS (Family Benifit Scheme)

HomeFBS (Family Benifit Scheme)

I. Eligibility of the members :
Any Life Member of A.M.A. and his/her spouse are eligible to become member of this
Provided that :
(1) Amember below the age of 55 years
(2) Life members of A.M.A. will be known as Member of the scheme and their Spousewill be associate member of the scheme (The couple members will be considered Members of the Scheme). Spouse cannot join alone.

II. Procedure For enrollment :
A. Member who want s to join the scheme has to apply in the prescribed application form meant for the purpose along with necessary documents & scheduled fees.
B. Associate member who wants to join has to fill separate form, endorsed by his or her spouse along with necessary documents & scheduled fees.
C. A member need to submit certified copy of (1) standard age proof (A) Driving Licence, (B) School Leaving Certificate (C) Valid Passport (D) PAN Card (2) Lifemembership certificate of A.M.A. (3) Valid Photo I.D. (4) 2 Passport Size
Photographs along with application form.
In case of associate member: Additionally Marriage Certificate / Valid Passport /Election Card is mandatory.
D. All eligible members mentioned above shall submit their application along with admission fees as per age & AFC by D.D. or cheque in name of A.M.A., Family
Benefit Scheme, payable at Ahmedabad (no cash transaction).
E. Nominee : A member will have to give name of 2 nominees along with their photograph and specimen signature.

III. Fee Schedule :
A. Any eligible member of A.M.A. willing to become member of this scheme can do so
on payment of admission fees as stated below

Member’s AGE A.F.C. ADM Total
Up to 35 3000 3850 6850
36 to 40 3000 4400 7400
41 to 45 3000 5500 8500
46 to 50 3000 6600 9600
51 to 55 3000 7700 10700


AFC : Advanced Fraternity Contribution
ADM : Admission Fee

B. Admission fee is Non-refundable.
C. Advanced Fraternity Contribution (AFC) will remain as security deposit against the death fraternity contribution payable by the member.

IV Benefits to Members :
1. Fraternity Benefits : Rs. 500/ member in event of death of member.
2. Permanent Disability Benefit :
In case of an unfortunate event if a member becomes permanently disabled, can claim Rs. 500/ member as benefit amount, after that he will be retired from the scheme and no longer will avail any benefit.
N.B. : > The disability must not be there at the time of membership and in the next one year after membership.
> In case of claim / dispute the expert panel will decide the admissibility of claim. The decision of executive committee in such case will be final.
> The conditions covered under permanent disability are as per the list
mentioned :
1. Loss of both eyes 2. Loss of both either upper limb or lower limb 3.Irrversible Coma 4. Irreversible Hemiplegia 5. Irreversible Paraplegia

3. Voluntary Retirement Benefit :
A. Any member who has completed 21 years in scheme or 70 years of age, which ever is later can withdraw a sum of rupees Rs. 350/member any time after that, then he ceases to be a member of scheme.
B. Any member who has completed 25 years in scheme or 75 years of age whichever is later can withdraw a sum of rupees Rs. 450/member and he ceased to be member of the scheme.
C. Any member who has completed 15 years in scheme or 80 years of age, which ever is later can withdraw a sum of rupees Rs. 150/member any time after that, then he ceases to be a member of scheme.
The Fraternity benefits will be available to members as follows.
Any member who has completed 1 year in scheme will be eligible to make claim in the event of Death or Permanent Disability.
N.B. : In case of Accidental Death no restrictions apply.

V. Claim Procedure :
1. In the event of death of a member the nominee will inform the same to the secretary A.M.A., F.B.S. and will make a claim by submitting prescribed claim forms available with the office with the necessary documents.
2. The claim amount will be paid to first nominee only. In case of death of the first nominee the claim amount will be paid to the second nominee (submission of death certificate of first nominee mandatory)
3. Computation of Fraternity contribution Payment : The fraternity contribution is calculated according the membership strength of the last day of the previous month in which the event has occurred.