Who has been terminated involuntarily from employment
Payable on a monthly basis at the rate of 33.3% of the salary earned at the time of ceasing employment
Paid for a maximum period of six months within twelve months.Unemployment benefit is limited to 18 months in the entire employment circle or carrier
If a member continue unemployed for 18 months after expiration of six months, he may apply to DG to convert his contributions into supplementary scheme of his choice
Converted amount to supplementary scheme shall be special lump sum minus unemployment benefit accessed.
If a members contribution period is less than 18 months and ceased to be employed shall be entitled to 50% of accumulated contributions
If a member continue unemployed for 18 months his remaining contributions be transferred to supplementary scheme
Converted amount to supplementary scheme shall be special lump sum minus the amount paid
Member may continue to contribute to the supplementary scheme as per trust deed or rules of the scheme
