The Kerala Payment Ofpension to Members of Legislature (Amendment) Act, 2000 [1] Complete Act - Bare Act

THE KERALA PAYMENT OFPENSION TO MEMBERS OF LEGISLATURE (AMENDMENT) ACT, 2000 [1]

(Act 15 Of 2000)

An Act further to amend the Kerala Payment of Pension to Members of Legislature Act, 1976 .

Preamble ." whereas it is expedient further to amend the Kerala Payment of Pension to Members of Legislature Act, 1976, for the purposes hereinafter appearing;

be it enacted in the Fifty-first Year of the Republic of India follows :"

1. Short title and commencement ."(1) This Act may be called the Kerala Payment of Pension to Members of Legislature (Amendment) Act, 2000.

(2) It shall come into force at once.

2. Substitution of the Schedule ."In the Kerala Payment of Pension to Members of Legislature Act, 1976 (46 of 1976), for the Schedule the following Schedule shall be substituted, namely:"

"schedule

[ See section 2(1)}
Rate of Pension

Period Rate of pension per mensem

For any period below two years Rs. 2,000

For two years in the aggregate Rs. 2,400

For three years in the aggregate Rs. 2,800

For four years in the aggregate Rs. 3,200

For five years in the aggregate Rs. 3,600

Provided that where any person has served as member as stated in sub-section (1) of section 2 for a period exceeding five years there shall be paid to him an additional pension of four hundred rupees per mensem for every year in excess of five years:

Provided further that in calculating the net qualifying period for pension fraction of half year and above shall be rounded to the next completed year:

Provided also that the maximum pension to which a member is eligible under this Act, shall not, in the aggregate, exceed rupees seven thousand and five hundred per mensem."