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THE ETHIOPIAN WORLD FEDERATION, INCORPORATED

Benefits Association

The BURIAL FUND

Federation Benefit Dividends

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ARTICLE X

Section C

                                                                            

(c). Death: The Ethiopian World Federation, Incorporated, shall establish a burial fund; each member of the Ethiopian World Federation, Incorporated, in order to obtain the benefits of this burial fund shall have subscribed to the fund for at least one (1) year and shall be in good financial standing in the organization. The subscription to the burial fund shall be $.25 per month. Upon conclusive proof of death

Burial Fund Benefit

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Update

B. That the burial benefit premium and claim in Article X, Section 1-c of the constitution be increased to a premium of 4.55 USD per./month with a burial benefits claim in the amount of 1,821 USD, respectively, from their current amounts of $.25 USD and 100 USD; and that the 1,821 USD in claims would be administered by creditable insurance providers based on the premium payments of 4.55 USD multiplied by 12 months, totaling 54.60 USD

 

I am recommending that the request for the amendment to increase the BURIAL BENEFIT PREMIUM to $4.55 USD per month be further future increased to $5.00.

 

I am recommending that the request for the BURIAL BENEFIT CLAIM increase of $1,821.00 be further increased to $2,000.00

 

I am recommending that the requested $2,000.00 USD in claims would be administered by our banking committee via the automated Benefits Accounting System based on the premium payments of 5.00 USD multiplied by 12 months, totaling 60.00 USD

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