Sri Lanka Consolidated Acts

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Social Security Benefit Scheme for Media Personnel Act (No. 29 of 2006) - Sect 6

When benefits are payable

6.
(1) A contributor shall be entitled to receive a prescribed amount of the benefits under the Benefit Scheme as calculated in the manner set out in section 5, in monthly instalments, upon reaching the age of sixty years and shall continue to receive such monthly benefits up to the end of the month in which the contributor dies.
(2) In the event of the death of a contributor who has commenced receiving the monthly benefits under the Benefit Scheme before he reaches eighty years of age -
(a) where there is a surviving spouse -
(i) who is not a beneficiary or contributor to any other pension scheme or benefit scheme, such spouse shall be entitled to receive the monthly benefits in the same manner the deceased contributor would have received the same had he lived till he reaches eighty years of age;
(ii) who is a beneficiary or contributor to any other pension scheme or benefit scheme, such spouse shall be entitled to receive such amount of contributions as remain unpaid out of the total amount of contributions, together with interest thereon as determined by the Board taking into consideration the banking rates prevailing at the relevant time; and
(b) where there is no surviving spouse-
(i) if there is a child under twenty- one years of age, such child; or
(ii) if there is more than one child under twenty-one years of age, each such child in equal proportions,
(3) On the death or remarriage of the spouse, the monthly benefits payable to such spouse under subsection (2) (a) (i) above shall cease to be paid and the child or children as the case may be of the deceased contributor, who are under twenty-one years of age shall become entitled to receive the monthly benefits payable to such spouse prior to the death or remarriage of the spouse.
(4) The monthly benefits payable to the child or children as the case may be of the contributor under subsection (3) shall cease on their marriage or on their attaining the age of twenty-one years, whichever event occurs earlier:
(5) Where a contributor who has commenced receiving the monthly benefits dies before he reaches eighty years of age with no surviving spouse or children under twenty- one years of age, the amount left unpaid from the total amount of contributions made by such contributor together with interest thereon as determined by the Board taking into consideration the banking rates prevailing at the relevant time, shall be paid to his immediate relatives by blood in such proportion and in such order of priority as is specified in Schedule I hereto.
(6) In the event of the death of the contributor before he becomes entitled to receive the benefits under the Benefit Scheme, the total amount of contributions made by such contributor up to the date of his death shall be paid to his immediate blood relatives in such proportion and in such order of priority as is specified in Schedule II hereto.


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