Contents of the Social Security Code

The Code on Social Security, 2020

Sixth Schedule

Official text

Open in the official PDF (pp. 114–115)

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[See sections 75, 76(1) and 152(1)]

FACTORS FOR WORKING OUT LUMP SUM EQUIVALENT OF COMPENSATION

AMOUNT IN CASE OF PERMANENT DISABLEMENT AND DEATH

Completed years of age on the last birthday of the Factors

employee immediately preceding the date on which

the compensation fell due

(1) (2) (3)

Not more than 16 228.54

17 227.49

18 226.38

19 225.22

20 224.00

21 222.71

22 221.37

23 219.95

24 218.47

25 216.91

26 215.28

27 213.57

28 211.79

29 209.92

30 207.98

31 205.95

32 203.85

33 201.66

34 199.40

35 197.06

36 194.64

37 192.14

38 189.56

39 186.90

40 184.17

41 181.37

42 178.49

(1) (2) (3)

43 175.54

44 172.52

45 169.44

46 166.29

47 163.07

48 159.80

49 156.47

50 153.09

51 149.67

52 146.20

53 142.68

54 139.13

55 135.56

56 131.95

57 128.33

58 124.70

59 121.05

60 117.41

61 113.77

62 110.14

63 106.52

64 102.93

65 or more 99.37

Source: The Code on Social Security, 2020, Act No. 36 of 2020 — Gazette of India, pp. 114–115 of the PDF. Open our copy at p. 114 · official download · all sources