PESCUNNA Welfare Document

Citation

1. This Welfare Document may be cited as PESCUNNA Welfare Document 2015.

2. Beneficiaries of PESCUNNA Welfare Document will be all registered members of PESCUNNA (Membership as defined in PESCUNNA constitution, Article 5).

 

Interpretation

3.    PESCUNNA dues runs from January to December (N2,000 per month) and payments are made in quarterly, biannually or annually stages. For the purpose of this document, dues payment commenced in September 2014.

4.    Automatic Rights to claim – This applies to a member who’s dues is up to date (Not owing more than a quarter) at the time of claim and not in breach of any membership terms as stated in PESCUNNA constitution.

5.    Committee of friends – This is a discretion that can be exercised by the group even where a member fails any qualifying criteria / members responsibility. The exco or welfare committee may initiativethis collection.

6.    Foreseen circumstances – for the purpose of the Welfare benefits amounts to events like a members marriage or child birth.

7.    Unforeseen event – for the purpose of this document amounts to bereavement or unforeseen events that may place particular burden on a member at short notice. 

Foreseen Circumstances

On the occasion of the birth of a member’s child, such a member must notify the house formally. The welfare committee will be required to liaise with the member with a view to making entitled payments. The sum of N25,000 and a card will be presented to the member’s family. Committee of friend’s gifts may also be presented in addition to the cash payment.

In case of multiple births, the above cash gifts will increase according to the number of babies born.

On the occasion of a member’s marriage and upon invitation, the sum of N50,000 and a card will be given to that member and a committee of friends contribution from the house.

Unforeseen Circumstances

On the death of a member, the welfare committee will make contact with the family and update the house as to the family’s wishes for how the matter would be dealt with.

On recommendations received from the welfare committee the house(selected members) will pay the family a condolence visit.

Apart from welfare amounts listed below, the exec and welfare committee will lead a voluntary “committee of friends” collection of cash which will also be presented to the family.

On the occasion of the death of;

·         Member                                            N500,000.00

·         Death of wife                                   N100,000.00

·         Death of a child                               N50,000.00

·         Death of mother/father                   N50,000.00

PESCUNNA foundation may also provide soft loans to eligible members. The loan amount will be discussed and agreed by the general house.

Payments & Eligibility

·         All payments will be made in Naira and paid into a bank account for audit trail purposes. 

·         Payments will be made into a bank account choice of the beneficiary.

·         Where funds in PESCUNNA account are insufficient to meet entitled payments a quick collection may be made to raise the desired amount.

·         Where a member is ineligible for payment from PESCUNNA, committee of friends may still organise a collection at their discretion.