MWALIMU NATIONAL WELFARE SERVICES

MNS endeavors to reach out to her members in time of need. Mwalimu National puts aside funds for such unforeseen circumstances. These welfare services are:

1. Burial Benevolent Fund (BBF)
2. Risk Fund.
3. FEATURES OF BURIAL BENEVOLENT FUND-BBF

• Is compulsory
• Monthly contribution is Ksh 150
• The fund is managed in accordance with the Mwalimu National BBF By laws
• In the unforeseen circumstances that a member passes on, or the member’s spouse, child(ren), parent(s) or parent(s)-in-laws, the member will be entitled to burial benefits as stipulated:

PERSON	ENTITLEMENT IN KSH
Self (Mwalimu active members)	60,000
Spouse	55,000
Onw child(ren)	35,000 . (Up to a max of 6 children)
Onw parent(s)	20,000
Parent(s) in-law	15,000

 

2. FEATURES OF RISK FUND.

• Is compulsory insurance scheme for all members
• Monthly contribution is Ksh. 400
• The funds are used to:

1. Offset outstanding loans of the deceased member
2. Double the savings ,of the deceased member, which are paid to his/her nominee(s)

• Pay the last respect benefit(paid in addition to the SACCO’s BBF benefits) as stipulated below

      

PERSON	ENTITLEMENT IN KSH
Self	120,000
Spouse	80,000
Own children	40,000(up to a max of 4 children)
Own parents	N/A
Parents in-laws	N/A

 

For efficiency in payment the members should:

• Confirm and update their nominees regularly with the Society to avoid legal tussles
• In case of more than one nominee, members are advised to clearly indicate the percentage allocation for each nominee.

Documents required when launching a claim:

• Certified copy of death certificate/burial permit
• Birthday notification form/ birth certificate(for all claims on own child)
• Discharge summary sheet issued by the hospital (for a child below 2 months old)
• Radio announcement or Newspaper caption or letter from Assistance Chief or Head of Institution
• Marriage certificate or duly signed affidavit
• Adoption order and birth certificate after adoption for adopted children.
• Any other supporting documents(specify)

NOTE:

1. Own children refer to natural children and legally adopted children
2. No claim shall be paid if lodged two years after the demise of the eligible deceased person.