September 12, 2026

The Sixth Schedule – Factors for Working Out Lump Sum Equivalent of Compensation | Code on Social Security, 2020

THE SIXTH SCHEDULE

[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 employee immediately preceding the date on which the compensation fell dueFactor
Not more than 16228.54
17227.49
18226.38
19225.22
20224.00
21222.71
22221.37
23219.95
24218.47
25216.91
26215.28
27213.57
28211.79
29209.92
30207.98
31205.95
32203.85
33201.66
34199.40
35197.06
36194.64
37192.14
38189.56
39186.90
40184.17
41181.37
42178.49
43175.54
44172.52
45169.44
46166.29
47163.07
48159.80
49156.47
50153.09
51149.67
52146.20
53142.68
54139.13
55135.56
56131.95
57128.33
58124.70
59121.05
60117.41
61113.77
62110.14
63106.52
64102.93
65 or more99.37