Invalidity Pension

Invalidity Pension is paid to an insured person who has lost at least 2/3 of his/her earning capacity due to physical or mental inability as certifi ed by the medical board. From the NSSF point of view, Invalidity can be defi ned in three different concepts:

Qualifying Conditions

Certifi cation by the Medical Board that the insured person has lost at least 2/3 of his or her earning capacity.
Has made 180 monthly contributions or at least 36 contributions out of which 12 have been made to the Fund immediately before the occurrence of the invalidity
Must be under pensionable age.

Benefits Payable

The determination of the amount payable is the same as for Old Age Pension but the additional percentage above 180 credits is 1.0%

The benefi ts payable are also the same as Old Age that is monthly pension, initial lumpsum and Invalidity special lumpsum for non qualifying members as explained in fi gure 2.1.5 above.

Pension is payable when the member attains pensionable age, becomes incapacitated or upon death