Bare ActsThe KERALA RATION DEALERS WELFARE FUND ACT

Section 18

Amendment status not verified — confirm the current text below against the official source.

Any other matter which is to be provided for in the Scheme or which may be necessary or proper for the purpose of implementing the Scheme. THE SECOND SCHEDULE Amount payable to a member on Death or Cessation of membership [ Sub-section (1), (2) and (3) of section 7 ] (Amount in Rupees) Completed years of membership Amount payable to nominee / legal heirs of a member in the event of his death before attaining the age of seventy Amount payable to a member on cessation of membership or to the nominee / legal heirs of a member in the event of his death after attaining the age of seventy (1) (2) (3) 0 year 10,000 0 1 years 11,000 620 2 years 12,000 1,270 3 years 13,000 1,950 4 years 14,000 2,660 5 years 15,000 3,410 6 years 16,000 4,200 7 years 17,000 5,030 8 years 18,000 5,900 9 years 19,000 6,810 10 years 20,000 7,770 11 years 21,000 8,770 12 years 22,000 9,820 13 years 23,000 10,930 14 years 24,000 12,090 15 years 25,000 13,310 16 years 26,000 14,590 17 years 27,000 15,930 18 years 28,000 17,340 19 years 29,000 18,820 20 years 30,000 20,380 21 years 31,000 22,010 22 years 32,000 23,730 23 years 33,000 25,530 24 years 34,000 27,420 25 years 35,000 29,410 26 years 36,000 31,500 27 years 37,000 33,690 28 years 38,000 35,990 29 years 39,000 38,400 30 years and above 40,000 40,000 ( True Translation )

Section 18 – The KERALA RATION DEALERS WELFARE FUND ACT | DailyLaw.ai