Amendment status not verified — confirm the current text below against the official source.
Entitlement for Guaranteed Social Security Pension.- (1) Every person falling in the category of old age/specially abled/widow/single woman with prescribed eligibility shall be entitled to a pension under this Act as may be prescribed. (2) The pension payable shall be increased at the rate of fifteen per cent per annum on the base rate in two instalments i.e., 5 percent in July and 10 percent in January of each financial year starting from financial year 2024-2025: Provided that no increase in pension shall be allowed before completion of minimum 12 months from the date of sanction of pension to that individual.