These details are only indicative, and the exact wording and terms will be as per the certificate document issued by ALPA India. The following is given for a broad understanding of the members.
The scheme is open to members of ALPA India only and completely voluntary. It is independent of the number of insurance policies held. The scheme is open to Indian national pilots irrespective of the airlines they work for. The fund is managed by the Professional Aviators Trust, with two members of ALPA India being on the board.
By signing the scheme, a member agrees to abide by the rules and regulations of the benevolent fund scheme, amended from time to time
All clarifications, issued by mail from firstname.lastname@example.org to queries of members, with regard to the benevolent scheme would also become a part of the certificate for legal purposes. Legal proceedings if any must be brought about within the jurisdiction of the High Court of Karnataka.
Benevolent fund terminates under the following cases:
Benevolent Fund payment due dates for those who started the scheme in January are :
|5th of Jan for yearly payment||₹ 72,000/-|
|5th of Jan and 5th of July for Half yearly payment||₹ 36,000/- (part payment)|
|5th of Jan/April/July/October for quarterly payment||₹ 18,000/- (part payment)|
|Payment Payable on the 5th of every month||₹ 6,000/- (part payment)|
|5th of Jan for ALPA Annual membership fee||This is applicable for all members: ₹ 5000/-|
|5th of Jan for Facilitations charges for those who have opted for part payment|