Farmers Pension And Social Security Benefit Scheme Act (No. 12 of 1987)

Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Farmers Pension And Social Security Benefit Scheme Act (No. 12 of 1987) - Sect 5

Benefits under the Scheme

(1) A farmer who joins the Scheme (hereinafter referred to as the" contributor") shall be entitled to the following benefits, under the Scheme on such basis as may be prescribed by regulation.

	(a) a periodical pension as may be prescribed;

	(b) in case of permanent partial disablement a lump sum gratuity or a pension when it becomes due;

	(c) in case of permanent total disablement a lump sum gratuity or periodical allowance; or

	(d) a death gratuity.

(2) The basis of paying a pension or gratuity shall be prescribed taking into consideration, inter alia. the period of contribution the age of the contributor and the amount of contribution made by the contributor.

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]