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Section 4: Contribution to the Fund

The Non-Resident Keralites' Welfare Act 2008State Act of Kerala · Act 10 of 2009

(1)Every Non-Resident Keralite (abroad) member continuing in employment abroad shall pay an amount of rupees three hundred per month and every Non-Resident Keralite (abroad) member came back from abroad and settled permanently in Kerala shall pay an amount of rupees hundred per month to the Fund as contribution.

(2) Every Non-Resident Keralite (India) member shall pay an amount of rupees hundred per month to the Fund as contribution.

(3) The Government shall pay every year to the Fund by way of grant an amount equal to two per cent of the contribution paid under sub-sections (1) and (2) above.

(4) Every deemed member shall contribute rupees fifty per month to the Fund as contribution.

(5) The Government may, by notification in the Gazette, revise the rates of contribution specified in sub-sections (1), (2) and (4) once in three years taking into account the amount required for the implementation of the Scheme.

Where this provision sits

ActThe Non-Resident Keralites' Welfare Act 2008
Section4
Marginal noteContribution to the Fund
JurisdictionState of Kerala
StatusIn force as published by the source

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