MIDS Members Welfare Scheme
The MIDS Members Welfare Scheme (MMWS) was established in 2018 to alleviate the financial burden of deceased members' families. This scheme provides one-time financial support to the nominee of deceased MIDS members to address their immediate needs. Members contribute to the scheme by paying an annual premium of Rs. 100 at the beginning of each calendar year, embodying the motto "Each for All, All for Each."
Family Strengthening
The scheme offers financial assistance to the nominees of deceased MIDS members to meet urgent family needs.
Annual Premium
Members contribute to the scheme through an annual premium payment.
Effective Management
Annual subscriptions are efficiently managed to provide death benefits to members.
Satisfaction of Nominees
Nominees who have received financial support under MMWS have expressed satisfaction with the scheme.
Swift Processing
MIDS has implemented a well-defined system to process death claims promptly and settle them efficiently.
Viability and Sustainability
MIDS has taken steps to ensure the scheme's viability and sustainability for the long term
