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Section 156: Pension fund and retired and redundant employees

Insurance Act · 191

Point-in-time consolidation · as at 8 June 2017. This non-pilot lookup is excluded from search indexes pending a deterministic currency check. Verify against the latest Uganda Gazette before relying on it.

Consolidated text

(1) All former employees of the Authority who at the commencement of this Act are receiving retirement benefits and pensions from the Authority shall continue to be paid by the Authority. (2) All employees of the Authority who become redundant as a result of the implementation of section 154 shall he paid the calculated and ascertained retirement benefits and pension due to them under the repealed Act.

Source: laws_africa.