Section 3: Retiring benefits
consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
3. Retiring benefits
(1) Subject to subsection (2), every worker who has been in the
continuous employment of an employer for not less than 3 years shall, where
he retires after reaching the age of 60, be entitled to receive from his
employer a gratuity of 800 rupees and a monthly pension of 55 rupees.
(2) An employer may reduce the monthly pension payable under subsection (1) by an amount equivalent to the monthly retirement pension to which
the worker may be entitled under section 20 of the National Pensions Act.
(3) Notwithstanding any other enactment, no gratuity or pension
specified in subsection (1) shall be—
(a) assignable or transferable except for the purpose of satisfying—
(i) a debt due to Government;
(ii) an order of any Court for the payment of periodical sums of
money towards the maintenance of the spouse or former
spouse or minor child of the worker to whom the pension
or gratuity has been granted;
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Passenger Transport Industry (Buses) Retiring Benefits Act
(b) liable to be attached, sequestered or levied upon for or in respect
of any debt or claim.