PARISH MANUAL - St.Gregorios Indian Orthodox Church, Kuwait

5. FundA. Church shall create a fund with an initial amount of KD. 3,000/- (Kuwaiti DinarsThree thousand only) paid as loan and each and every subscription collected shallbe utilized to repay the loan. Church shall always top-up the amount to KD. 3,000/-irrespective of the amount collected or membership in the Scheme and pay a fixedamount to the beneficiary of each incident.B. 10% of the total collection of Harvest Festival shall be allocated to this fund everyyear, until the total amount in the Scheme reaches KD. 10,000/- after paying off anyloans outstanding in the church books on account of the Scheme. At any given time,the total amount available in the Scheme shall not exceed KD. 10,000/=6. NomineeA. A member shall declare through the membership form one or two nominee(s) and incase of his/her having two nominees, specifically mention for the purpose ofpayment that the nominees are to be treated as 'either or survivor', 'first or survivor'or 'first and second'. In the absence of clear instruction, the amount available to thefull extent shall be equally divided among the nominees.B. A member shall advise the Secretary of the Parish, in writing, endorsed by theVicar, to be acknowledged by the Vicar or the Secretary, of any change in his/hernominee(s), and in such cases, the nominee(s) last advised by the member shall beconsidered for all intents and purpose as his/her nominee in all respects eligible forreceiving the benefit under the Scheme.7. Payment of BenefitA. In the event of permanent disability or death of a member, an amount of KD.1,000/- (Kuwaiti Dinars One thousand only) shall be paid to the member or to thenominees of the deceased member as benefit under the Scheme.However, if a situation arise where the Church has to undertake theresponsibility to repatriate the body of a deceased member or some initial expensesin connection with repatriating the body of the deceased person needs to be metlocally or some initial expenses to be met locally for a 1 00% physically disabledmember in Kuwait, then such expenses shall be deducted fully from the amountpayable to the beneficiary and the beneficiary shall be duly notified of suchexpenses/deductions, with details, at the time of payment of the balance amount.B. In case of multiple incidents in excess of (3) at any one time and if the fundsavailable at that time is not enough to pay at the above mentioned rate of KD.1000/- per claim, then the full amount available under the Scheme shall be equallydivided among all the claimants/ beneficiaries.C. In the event of disability of a member, the payment to the member shall be paidonly after producing 100% disability certificate from the Ministry of Health attestedParish Manual / St. Gregorios Indian Orthodox Maha Edavaka, Kuwait. 31