Mwalimu Sacco Burial Benevolent Fund-BBF

<h2><strong>Burial Benevolent Fund-BBF<&sol;strong><&sol;h2>&NewLine;<ol>&NewLine;<li style&equals;"list-style-type&colon; none&semi;">&NewLine;<ol>&NewLine;<li>Used to accord members and their immediate families a decent burial<&sol;li>&NewLine;<li>Monthly contribution is 150<&sol;li>&NewLine;<&sol;ol>&NewLine;<&sol;li>&NewLine;<&sol;ol>&NewLine;<table>&NewLine;<tbody>&NewLine;<tr>&NewLine;<td width&equals;"146"><strong>PERSON<&sol;strong><&sol;td>&NewLine;<td width&equals;"363"><strong>ENTITLEMENT IN KSH&period;<&sol;strong><&sol;td>&NewLine;<&sol;tr>&NewLine;<tr>&NewLine;<td width&equals;"146">Self<&sol;td>&NewLine;<td width&equals;"363">60&comma;000<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr>&NewLine;<td width&equals;"146">Spouse<&sol;td>&NewLine;<td width&equals;"363">55&comma;000<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr>&NewLine;<td width&equals;"146">Own children<&sol;td>&NewLine;<td width&equals;"363">35&comma;000&period; &lpar;up to a max of 6 children&rpar;<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr>&NewLine;<td width&equals;"146">Own parents<&sol;td>&NewLine;<td width&equals;"363">20&comma;000<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr>&NewLine;<td width&equals;"146">Parents in-law<&sol;td>&NewLine;<td width&equals;"363">15&comma;000<&sol;td>&NewLine;<&sol;tr>&NewLine;<&sol;tbody>&NewLine;<&sol;table>&NewLine;<p>Supporting documents required during a claim&colon;<&sol;p>&NewLine;<ol>&NewLine;<li>Certified copy of death certificate&sol;permit for burial<&sol;li>&NewLine;<li>Birth notification form&sol; birth certificate &lpar;for all claims on own child&rpar;<&sol;li>&NewLine;<li>Radio announcement or newspaper caption or letter from Chief&sol; head of institution<&sol;li>&NewLine;<li>Any other supporting documents &lpar;specify&rpar;<&sol;li>&NewLine;<&sol;ol>&NewLine;<h2><strong>Risk Fund<&sol;strong><&sol;h2>&NewLine;<ol>&NewLine;<li style&equals;"list-style-type&colon; none&semi;">&NewLine;<ol>&NewLine;<li>Monthly contribution is 400<&sol;li>&NewLine;<li>Used to pay the outstanding loans of deceased members and double the monthly deposits to be paid to the nominee&lpar;s&rpar;&period;<&sol;li>&NewLine;<&sol;ol>&NewLine;<&sol;li>&NewLine;<&sol;ol>&NewLine;

Leave a Reply

Your email address will not be published. Required fields are marked *