KARNATAKA STATE BAR COUNCIL, BENGALURU
DETAILS OF CLAIM BENEFITS
CLAIM BENEFIT DETAILS AS PER AMENDMENTS TO KARNATAKA ADVOCATES WELFARE FUND, (Amendment), 2017 w.e.f. 12.6.2017- Act 12/17
Sl. No. |
Types of Claims |
Amount Rs. |
1. |
DEATH CLAIM :
- i. Not exceeding 15 years of practice
- ii. Exceeding 15 years but not exceeding 35 years
- iii. Above 35 years of Practice
|
4,00,000
6,00,000
8,00,000
|
2. |
RETIREMENT CLAIMS:
I. Voluntary Retirement at the age of 75 years or 50 years of practice
- i. Not exceeding 15 years of practice
- ii. Exceeding 15 years but not exceeding 35 years
- iii.Above 35 years of Practice
-
II. Permanent Disability – Totally incapable from practice duly certified by District Surgeon – Above Slab applicable
|
4,00,000
6,00,000
8,00,000
|
3. |
MEDICAL CLAIM:
Applicable only to Advocates on completion of 5 years from Membership and deductable from Death / Retirement Claim
Maximum Amount
Should apply within 3 months from the date of initial hospitalization and applicable once in lifetime.
|
1,50,000 |
4. |
FINANCIAL HARDSHIP:
Applicable on completion of 65 years of age, 2o years of practice & 12 years of membership & deductable from Death / Retirement Claim.
Maximum Amount
|
1,50,000 |
5. |
CALCULATION CLAUSE (Death & Retirement Claims):
Applicable for Advocates
- i. Enrolled after the age of 40 years
- ii. Membership after the age of 40 years on or after 6.8.2010
- iii. Voluntarily suspended practice for a period exceeding three years.
- iv. Membership on or after 1.8.2000 and has attained the age of 60 years.
Every completed year of practice
Maximum Amount
|
10,000
3,00,000
|
IMPORTANT NOTE : An amount of Rs. 10000/- will be deducted for each year of non payment of subscription.
|
|