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Bus Employees Friendly Society

A non-profit making society run by bus people for the benefit of bus people




News


31/12/2017
Retirement Savings Plan Changes
With effect from 1 January 2018 we will no longer be offering this as a product to members Watch this space for information concerning what will be replacing it and arrangements for existing policyholders

31/12/2018
NEW CONTRIBUTION RATES AND BENEFITS
The Society sent a mailing to all members making them aware of the changes to rates and benefits in November following a general meeting on 7 November 2018 These rates now apply but for existing members there is an option to retain existing contributions level but that results in a pro-rata reduction benefits paid. Please contact us if any further help is required when reviewing your requiremnets

13/5/2019
Annual General Meeting
The AGM will be held at the Methodist Church, Redhill on 4th June 2019 at 3.15 pm








You'll feel better for joining
These people did...


Mr B - Medical Retirement Private Member

Mr B retired for medical reasons at age 64 after 42 years of membership. He received a lump sum payment from the Provident Fund of £800.20 in return for total contributions paid of £318.28 He had also claimed £488.10 in sickness benefits during his membership, having paid in contributions of £980.89 to the Sick Fund,receiving £246.40 refund

Total pay out of £1046.60




Mr W Northfleet

Mr W retired at 65 after 30 years of membership of the Society. He received a lump sum payment from the Provident Fund of £765.00 in return for total contributions paid of £312.80 In addition, as a result of his good sickness record (he had claimed just £40.00 in sickness benefits during his membership), he received a partial refund of his contributions to the Sick Fund amounting to £437.65

A total payout of £1,202.65




Mr S- Medical Retirement

Although Mr S has only been a member of the Society for 8 years, he has unfortunately suffered with ill health on a regular basis, and received a total of £735.50 from the Sick Fund in return for total contributions of £302.40 On being medically retired he also received a payment of £215.00 from the Provident Fund having paid £77.60 in contrbutions



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Contact Us

Bus Employees Friendly Society
Suite 2, Alma House
Alma Road, Reigate. RH2 0AX
01737 226060

www.busemployees.co.uk