Information's - Workers' Corner

Index :
State Assisted Scheme of Provident Fund for Unorganised Workers (SASPFUW):
West Bengal Unorganised Sector Workers’ Health Security Scheme
The West Bengal Beedi Workers Welfare Scheme
West Bengal Transport Workers’ Social Security Scheme, 2010.
Building and Other Construction Workers Act and West Bengal Building and Other Construction Workers’ Welfare Board :
State Assisted Scheme of Provident Fund for Unorganised Workers (SASPFUW): Benefits of the Scheme:
• On attainment of the age of 60 years or in the event of the account becoming inoperative due to death, the total cumulative amount along with interest will be refunded to the workers or to his/her nominees or legal heirs.
• If a worker is enrolled at the age of 18 and continues as a subscriber up to 60 years of age, he has to pay Rs.10,080/- and may get return of Rs.1,52,428/- if the rate of interest is 8% per annum.
• Loans & withdrawal: A subscriber will be allowed one withdrawal of Rs. 1000/- provided he/she has made 48 months contributions and he/she has Rs. 2500/- in his/her credit.
• Lock-in-Period : If a subscriber-worker does not want to continue as a subscriber under the Scheme, he/she may be given final payment of the total balance lying at his/her credit after expiry of the lock-in-period of three years from the date of his enrolment, with the approval of the concerned Advisory Committee on receipt of an application in Form-IX from him/her
• Revival of an Account: The account of a subscriber will be automatically closed if he does not make any contribution continuously for three financial years provided that such account shall be revived by the Regional Labour Welfare Commissioner (RLWC) i.e. ALC w.e,f. current financial year on an application made by the subscriber stating reasons for such non- payment and found to be sufficient by such RLWC. No arrear contribution shall , however, be allowed.