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Pension Rights

Insured workers are eligible for old age benefit (pension) when they reach the age of 55 years (50 years for women workers), or when they retire from the covered employment and join public service, on the marriage of an employed women, on emigrating from Sri Lanka permanently, on permanent disability or on the closure of a workplace by government orders. A lump sum of employee and employer contributions plus interest is paid. (Section 23 of Employees' Provident Fund Act, 1958)

More: Social Security and Pensions

Unemployment Benefit

No provision in law for unemployment insurance and benefits.

More: Unemployment

Invalidity Benefit

The Employees' Trust Fund Act, 1980 provides for invalidity benefit in the case of non-occupational accident/injury/disease resulting into permanent invalidity. The benefit is paid as a lump sum of the total employee and employer contributions plus interest (Section 24 of the Employees' Trust Fund Act,1980)

Dependent's/Survivors' Benefit

The regulations provide for survivor benefit for nominee or legal heirs. The benefit is paid as a lump sum of the total employee and employer contributions plus interest (Section 25 of the Employees' Trust Fund Act,1980)

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