On 11 February 2003, we created a Trust by name Private Eye (P) Limited Employees Welfare Trust to take care of welfare of the security staff and office staff working in this organization in different States / Branches.
The Aim of this Trust:
To provide helping hand to the employee members in the following forms.
Grant-in-Aid for higher education for meritorious students.
Presently following Grants are given to the members of this Trust :
Death Benefit :
In case of any death of the Trust member, his next-of-kin will get the death benefit and funeral allowance. The death benefit amount is from Rs. 25,000/- to Rs. 50,000/- depending up on their year of contribution to the Trust.
Retirement Benefit :
The member of the Trust, retires after 10 years of service and attaining age of 58 Years will be getting Superannuation benefit from the Trust Fund. The present amount is Rs. 50,000/- and it will increase according to the fund position.
Education Grant :
All meritorious students among the children of Trust members are given Rs. 15,000/- per year for the Engineering and Medical courses, which will be totaling to Rs. 60,000/- per head.
Other Benefits :
All expenses related to the Death like Ambulance Charges (shifting the body to the native place / residence). It also covers the emergency medical expenses due to accident and severe illness like Heart Attack, Brain Hemorrhage, Stroke etc. which will be paid immediately after the incident. The monetary limits will be fixed by the Committee from time to time.