Relaxation of ceiling for re-appropriation of SBF Funds – Railway Board
Staff Benefit Fund (SBF) – Relaxation of ceiling for re-appropriation of Funds: Railway Board Order No.E(W)2021/FU-1/6 dated 14.05.2021
भारत सरकार/ GOVERNMENT OF INDIA
रेल मंत्रालय / MINISTRY OF RAILWAYS
(रेलवे बोर्ड) (RAILWAY BOARD)
No.E(W)2021/FU-1/6
New Delhi, dated 14.05.2021
The General Manager/Director General
All Indian Railways/Production Units/RDSO-Lucknow.
(As per standard mailing list)
Sub: Staff Benefit Fund (SBF) – Relaxation of ceiling for re-appropriation of Funds.
Ref: Board’s letter No. E(W)2008/FU-1/2 dated 29.01.2009.
The exceptional need of funds to meet with the requirements of all Covid related medical aid, treatments and vaccination of Railway employees and other families during the ongoing Covid-19 pandemic and the suggestions received from the recognized Federations i.e. AIRF & NFIR for utilization of funds for Covid -19 vaccination from SBF have been considered in detail. In order to facilitate utilization of the unspent amount lying in SBF, the Competent Authority has approved enhancement of the lima of re-appropriation from 25% to 100% as per existing terms. The re-appropriations will be made with the approval of General Manager/Director General, as per local needs.
2. The aforesaid relaxation of ceiling for re-appropriation of SBF Funds will be in force only during the Financial Year 2021-22.The Railways & PUs will maintain complete data/information of re-appropriations made under this dispensation.
3. This issues with the approval of the Finance Directorate of the Ministry of Railways.
(M. K. MEENA)
Joint Director, Estt (Welfare)
Railway Board