Pension Scheme

 

Old Coir Workers Pension

As per Section 3(4)(a) & (b) of Kerala Coir Workers Welfare Fund Act 1987 and Chapter (VI) 19(4)A(1)b of Kerala Coir Workers Welfare fund Scheme 1989 and section 3(iii) of Kerala Coir Workers Welfare Fund (Amendment) Act 1998, a person who before 30th day of september 1989 was a Coir Worker or a self employed person and completed the age of 60 years or a coir worker who suffers from permanent disability and is thrown out of employment is classified as Old Coir Workers. Old coir workers is eligible for pension at the prevailing rate

Member Pension

A Member of Kerala Coir Workers Welfare Fund Board who has completed the age of Sixty years or a member who is incapacitated due to permanent disability and is thrown out of employment is eligible for pension at the prevailing rate.

Family Pension

Is paid to the spouse of the deceased member at the prevailing rate.

 

Details of Pension Amount up to this period

 

Date

OCW Pension

Member Pension

 

FamilyPension

 

1.4.1987

Rs. 75/-

Rs. 75/-

Rs. 75/-

 

1.10.1997

Rs. 100/-

Rs. 100/-

Rs. 75/-

 

1.11.2006

Rs. 100/-

Rs. 100/-

Rs. 100/-

 

1.4.2007

Rs. 110/-

Rs. 110/-

Rs. 100/-

 

1.4.2008

Rs. 200/-

Rs. 200/-

Rs. 100/-

 

1.4.2009

Rs. 250/-

Rs. 250/-

Rs. 100/-

 

1.4.2010

Rs. 300/-

Rs. 300/-

Rs. 100/-

 

1.4.2011

Rs. 400/-

Rs. 400/-

Rs. 100/-

         

 

 
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