MALACCA, Wednesday: The Malacca Bar Committee presented a cheque for the
sum of RM30,000.00 to the beneficiary of Balakrishnan a/l Krishnan in a simple
ceremony held at the Malacca Bar Secretariat. The RM30,000.00 was the
entitlement to a death benefit from the LawCare insurance scheme which covers
all members of the Malaysian Bar.
In his short speech, Ng Kong Peng, the Chairman of the Malacca Bar, said that
death, like taxes, is a certainty. However, in times of sorrows, we can cling on
to the God given gifts of cherished memories.
Ng said the Malacca Bar has
cherished memories of the deceased both as a friend and lawyer. While the
RM30,000.00 is no replacement for the loss of the late Balakrishnan, Ng said
it is an expression of the love and care of the Malaysian Bar for one of its
members.
Present at the ceremony was the son of the deceased, Dr. Chandraa Shekar. He
thanked the Malaysian Bar for the cheque and said that the insurance scheme
implemented by LawCare is a worthy programme. He also added that the Bar Council
had handled all the follow up work in obtaining the death entitlement on behalf
of the family of the deceased.
Dr Chandraa described the deceased as a very principled, optimistic, motivating
and patient man. The deceased left behind his wife, Vimala Devi, 61, son Dr
Chandraa and daughter Premlatha Balakrishnan.
With effect from 01.07.2006, all members of the Malaysian Bar in active
practice, with a valid Sijil Annual for the current year are automatically
covered under an insurance scheme. Members with a valid Practicing Certificate
are entitled to claim Partial and Permanent Disability as well as Death Benefits
under the said insurance scheme. Apart from the insurance scheme, the Lawcare
fund also takes care of members who require financial assistance for medical
bills or illnesses, subject to a means test.
TRIBUTE TO YEO YANG POH AND HIS TEAM written by Stephen Tan Ban Cheng,
Sunday, August 26 2007 04:59 pm
Lest we forget, this is one of the benefits that families of lawyers obtain on their demise. Such benefits, although small in amount (in a relative sense), will help families which are still young and growing. It is one of the legacies of the two-year term of Yeo Yang Poh and his team of capable Bar Councillors.
It remains now for future presidents and their team of Bar Councillors, when the opportunity should present itself, to expand the death benefit payout under the scheme. I am sure this is a task that is not that difficult.
If I remember correctly, a newspaper organisation was at one time able to insure the lives of its employees up to 72 months of their basic salary. More, much more than this: The insurance scheme was used as a collateral for the company to disburse housing loans to its staff. This idea can be adopted in the interest of all lawyers, especially the younger ones under 40 years old who comprise a sizeable percentages of the Malaysian Bar.
Stephen Tan Ban Cheng
Expand the scheme written by Lawrence Teh,
Sunday, August 26 2007 11:19 pm
I am of the opinion that RM 30,000 is a good starting point. The basis of the next step was the lower rung step. It is to remembered that prior to this ingenious scheme and welcome news hats were passed around and the beneficiaries got whatever donations that came by. Today, Yes TQ to the honourable past president Mr Yeo & the Chairman of the Committee, something better evolved out of the hat. Things did evolve. Like the Common Law.
The next evolution, hopefully should ensures that after the basic expenses have been met, there could be some leftover to purchase a Persona.
New British Legal Assistants are getting RM 48,000 per month (duly converted). New Malaysian LAs are getting peanuts but expected to carry themselves around as Advocates and Solicitors practicing the British Common Law. One month salary of most new LAs has to be set aside for annual PC and PII. So I dare say that Malaysian lawyers who start their practice and wish to maintain a certain minimal standard to pride themselves with their bibs and gown, that for a while more they still need external financing (from parents or even moonlighting or even living off credit cards).
I am therefore in consensus with Stephen Tan that the death benefit payout under the Insurance scheme ought to be expanded.
TQ
Lawrence Teh
Half a loaf is better than none. written by Tan Peek Guat,
Monday, August 27 2007 07:26 am
We need to cultivate in ourselves to be grateful people - and to be grateful for all that God has given to us. Sometimes, among men, one gets some extras to alleviate one's misfortunes or even, grief - out of others' generosity - which all show that we are lovely Malaysians, caring for one another. We must always be satisfied and thankful for whatever that one gets, however small that be.
RM30,000/= may not be sufficient to satisfy many a family's needs but it is a large sum too - considering the fact that half a loaf is at least better than none. This amount of money will definitely serve the family well - at least to cover their immediate financial needs.
It is good for us too - that we, as a body, is showing our 'care' for the family with some financial assistance.
Tan Peek Guat
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Lest we forget, this is one of the benefits that families of lawyers obtain on their demise. Such benefits, although small in amount (in a relative sense), will help families which are still young and growing. It is one of the legacies of the two-year term of Yeo Yang Poh and his team of capable Bar Councillors.
It remains now for future presidents and their team of Bar Councillors, when the opportunity should present itself, to expand the death benefit payout under the scheme. I am sure this is a task that is not that difficult.
If I remember correctly, a newspaper organisation was at one time able to insure the lives of its employees up to 72 months of their basic salary. More, much more than this: The insurance scheme was used as a collateral for the company to disburse housing loans to its staff. This idea can be adopted in the interest of all lawyers, especially the younger ones under 40 years old who comprise a sizeable percentages of the Malaysian Bar.
Stephen Tan Ban Cheng