Who can apply for support from the fund?
The fund is for the benefit of our members and/or their dependants.
Do I need to be a full member to benefit from the fund?
No: any member can apply.
Does the member have to apply in person?
Not necessarily and this isn't always possible.
Is there a maximum or minimum amount that can be requested?
There is no maximum or minimum. All cases will be considered individually once the welfare fund board have all the information.
How long does it take to get a decision about any funding?
Once you have forwarded the details of a potential claim to the Board the timescale will depend on what further details are needed. Once we have all the details, the Board will discuss the claim by e-mail and come to a decision which will then be relayed to the claimant. Any support agreed will then be put into place immediately.
Does the fund only provide money?
Most but not all claims are for financial support (see examples below).
Does the money have to be repaid?
Can the Fund lend Money?
The Consumer Credit Act 1974 requires a Credit License before money can be loaned in most cases. Were there sufficient requests for loans, we would then apply for a license but it would not be a cost effective move for the fund at this time.
Who will know about applications for assistance?
The process is completely confidential. Even the Fund Trustees usually only know the claimant by their initials.