Amendment status not verified — confirm the current text below against the official source.
Group Life Insurance and other benefits for members.—The Committee may, for the welfare of the members of the Fund,— (a) take from the Life Insurance Corporation of India or any other Insurance Companies, policies of Group Insurance on the life of the members of the Fund; and (b) provide for medical and educational facilities and such other benefits, as may beprescribed for the members of the Fund and their dependents.