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Section 1:

National Pensions Act · EIGHTH SCHEDULE

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

1. For the purpose of calculating a Contributory Retirement Pension under section 20 (3), (4), (6) and (8A)— (a) an incomplete year shall be reckoned as one twelfth year for each completed month; (b) the following definitions shall have the same meaning in the Third Schedule— (i) “amount of remuneration producing one pension point”; (ia) average rate; (ii) — (iii) “financial year”; (iv) “relevant benefit year”; (v) “value in rupees of one pension point”; (c) and (d) — (e) “date of entry” means— (i) where contributions were first payable between 1 July 1978 and 30 June 1980, the date on which the contributions were first payable or the beginning of the financial year in which the insured person attains the age of 19, whichever is the later; (ii) where contributions were first payable on or after 1 July 1980, the beginning of the financial year in which the insured person attains the age of 19 or 1 July 1980, whichever is the later; N21 – 45 [Issue 7] National Pensions Act (f) “date of retirement”, in relation to a sugar industry worker, means– (i) for the purpose of section 20 (3) and (6), the date the contract of employment is voluntarily terminated by the worker under section 23 or 23A of the Sugar Industry Efficiency Act or in the context of a factory closure taking place pursuant to section 24 of the Cane Planters and Millers Arbitration Control Board Act; (ii) for the purpose of section 20 (4), the date the worker retires under paragraph 21 of the Second Schedule to the Sugar Industry (Agricultural Workers) (Remuneration Order) Regulations 1983.

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