Powerr for Reappropriation of Funds of Staff Benefit Fund

Railway Board Letter No
E[W]2008/FU-1/2 dated 29.01.2009
Circular Subject
Staff Benefit Fund –Reappropriation of Funds

1.            Pursuant to discussions held with the Staff side on matters  pertaining to Staff Benefit Fund [SBF], the matter regarding revision in the powers of the Central SBF Committees functioning in the zonal Railways etc with regard to re-appropriation of funds, as fixed at 10% subject to provisions of this office letter No. E[W]97/FU-1/2 dated 8.8.1997, was under consideration.


2.         The matter has been examined and it has been decided by the Board to empower the Central SBF Committees functioning in the various zonal Railways / Production Units etc to re-appropriate funds not exceeding 25% of the amount amongst different head, ‘activities under SBF, except ‘Education’ ‘Sports activities’ and ‘Scouts activities’. 


3.         This issues with the concurrence of the Finance Directorate of the Ministry of Railways.