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Bus Employees Friendly Society

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




Some Recent Benefit Payments

Through 2016 the society paid out to members who retired due to age and medical a total of £13859.62

Here are some examples of benefits actually paid to members in return for a modest contribution of 80p per week for sickness benefits and 20p per week for provident benefit.

 

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 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 S- Medical Retirement
Although Mr S has only been a member of the Society for 8years, 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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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 0years 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 8years, 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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Bus Employees Friendly Society
Suite 2, Alma House
Alma Road, Reigate. RH2 0AX
01737 226060

www.busemployees.co.uk