Fishermen's Pension And Social Security Benefit Scheme Act (No. 23 of 1990)

Sri Lanka Consolidated Acts

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Fishermen's Pension And Social Security Benefit Scheme Act (No. 23 of 1990) - Sect 6

Benefits under the Scheme

(1) A fisherman who joins the Scheme (hereinafter referred to as the " contributor ") shall be entitled to the following benefits under the Scheme calculated on such basis as may be prescribed:

	(a) a periodical pension of a prescribed amount ;

	(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 of a prescribed amount; or

	(d) a death gratuity.

(2) The basis of calculating 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 contributions made by the contributor.

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