juris

Section 4:

National Pensions Act · THIRD 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.

4. Calculation of contributory invalidity pension and widow’s contributory pension payable to a widow under retirement age The amount of pension payable shall be the value in rupees of one pension point multiplied by the aggregate number of pension points accruing to the insured person at the end of the financial year immediately preceding the date of entitlement, provided that— (a) in the case of an insured person of the age of 40 or over on the date of entry, his pension points shall be computed as if they had accrued to him, at their average rate, until the end of the financial year preceding his sixtieth birthday; (b) in the case of an insured person who is under the age of 21 when the pension becomes payable, his pension points shall be computed at 20 times the highest number of points that had accrued to him in either the current or any of the preceding financial years; [Issue 2] N21 – 40 Revised Laws of Mauritius THIRD SCHEDULE—continued (c) in any other case where the pension becomes payable before 20 years have elapsed since the date of entry, his pension points shall be computed as if they had accrued to him, at their average rate, for 20 years.

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