The Payment of Pension to Members of Legislature

(Amendment) Act, 2003

 

Act 13 of 2003

 

(Published in Kerala Gazette Extra No.1427 dated 30.7.2003)

 

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-fourth Year of the Republic of India as follows:-

 

1. Short title and commencement- (1) This Act may be called the Kerala Payment of Pension to Members of Legislature (Amendment) Act, 2003.

 

(2) It shall be deemed to have come into force on the 1st day of July 2003.

 

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

                                                                         (Rs.)

 

For any period below two years                  2,500

For two years in the aggregate                   3,000

For three years in the aggregate                3,500

For four years in the aggregate                  4,000

For five years in the aggregate                  4,500

 

Provided that where any person has served as a member as stated in sub-s.(1) of S.2 for a period exceeding five years, there shall be paid to him as additional pension of five 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 twelve thousand and five hundred per mensem".