The Federal Employees Benevolent & Group Insurance Funds (FEB & GIF) were established in 1969 and affairs of the Funds are administered through a Board of Trustees. They covers all Federal Government employees and the employees of autonomous bodies.Its seven different benefits are being paid under the welfare schemes and provide government servants insurance coverage, Benevolent Grant and benefits under other welfare schemes.
1- Monthly Benevolent grant: On medical retirement or on death during service or on death after retirement before 70 years’ age of the employee.
2- Burial charges: On death before 70 years’ age.
3- Marriage grant: On marriage of one child of serving retired and deceased employees.
4- Education stipends: for two children studying in intermediate or above excluding M.Phil/PhD. programs of serving, retired and deceased.
5- Lump sum grant: On invalid retirement.
6- Farewell grant: equal to one month pay on retirement after 25 years’ service.
7- Sum assured: On death during service.
More detail and Information visit Federal Employees Benevolent & Group Insurance Funds official website: febgif.gov.pk