Hon’ble Transport and Muzrai Minister commemorated the onset of 2024 by spending time with the dependent family members of deceased employees.

KARNATAKA STATE ROAD TRANSPORT CORPORATION

KSRTC Commemorates New Year with Dependents of Deceased Employees
Today, the Hon’ble Transport and Muzrai Minister commemorated the onset of 2024 by spending time with the dependent family members of deceased employees. Last year, in response to the tragic accidents, relief compensations of Rs. 1 crore each were disbursed to nine dependents of the deceased employees. Today, a sum of Rs. 1 crore each was disbursed to three more dependent families of the deceased employees.

While presenting the cheque, The Minister conveyed his heartfelt wishes for success in their future endeavours. He presented sweets and sarees as tokens of appreciation to the dependents. While Speaking, he acknowledged that while he couldn’t replace the irreplaceable loss of the deceased employees, the implemented insurance scheme aims to offer strength and security to pursue the education of their children. He emphasized that this financial aid would empower them to lead independent lives.
“Sarige Suraksha” Accident Relief Scheme
In an effort to ensure financial stability for the families of employees who lost their lives during duty or off-duty accidents, or in cases of physical disability, KSRTC has introduced two insurance schemes:
Rs. 50 Lakhs Personnel Accident Insurance Scheme: In partnership with United India Insurance Company.
Rs. 50 Lakhs Corporate Salary Package Scheme: In collaboration with the State Bank of India.
These schemes are designed to provide comprehensive coverage and support during challenging times for the affected families.
After the implementation of the scheme, unfortunately, 17 employees have lost their lives in on-duty or off-duty accidents.
Details of today’s Deceased Dependents insurance relief compensation distribution:

  1. Sri. B M Puttuswamy, Driver Token No. 1272, Vijayanagar Depot, Mysore Division: Lost his life on 25/01/2023 in a private two-wheeler accident with a car. He dedicated 26 years of service to the corporation and is survived by his wife and three children. His dependents will receive Rs. 1 crore as accident relief compensation along with Rs. 18.74 Lakhs encompassing gratuity, PF, leave encashment, employee’s family welfare scheme, DRBF, and group insurance.
  2. Sri. Ashok Kumar, Driver Token No. 5957, Dharmasthala Depot, Puttur Division: Lost his life on 24/05/2023 in a private two-wheeler accident with a car. He served the corporation for 12 years and is survived by his wife and two daughters. His dependents will be compensated with Rs. 1 crore as accident relief along with Rs. 21.01 Lakhs, including gratuity, PF, leave encashment, employee’s family welfare scheme, DRBF, and group insurance.
  3. Sri. Ramesh G, Driver Token No. 4619, Depot-5, Bangalore Central Division: Lost his life on 28/06/2023 while performing duties on an electric vehicle (KA-51-EJ-0538) on the Madikeri-Bangalore route. He served the corporation for 20 years and is survived by his wife and son. His dependents will receive Rs. 1 crore as accident relief compensation along with Rs. 24.81 Lakhs, covering gratuity, PF, leave encashment, employee’s family welfare scheme, DRBF, and group insurance.
    In today’s program, Sri. V. Anbukkumar IAS, Managing Director, Dr. Nandini Devi K, IAS, Director (Personnel and Vigilance), dependent family members, officers, and employees were present.

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