Capitalised value of social security benefits is linked to age-based multiplication factors for disablement and dependants' benefits. The capitalised value of the permanent disablement benefit and dependants' benefit is calculated by multiplying the daily rate of benefit with the multiplication factor based on age of the Insured Person or the dependants, as provided in the regulations made under section 157.
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Capitalised value of social security benefits is linked to age-based multiplication factors for disablement and dependants' benefits.
The capitalised value of the permanent disablement benefit and dependants' benefit is calculated by multiplying the daily rate of benefit with the multiplication factor based on age of the Insured Person or the dependants, as provided in the regulations made under section 157.
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