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Title_of_text

Act No. 44 of 1992 to amend Act No. 49 of 1974 on the Fishermen's Pension Fund, made under Acts No.10 of 1978, No. 15 of 1980 and No. 78 of 1985.

Main Region

First Region

Iceland
Seafarers - Social security
1992-06-01
National
Law, Act

Second Region

Provides for rules on the investment of the fund's assets and on workers' contributions. The main provisions concern disability. Each member of the fund who has paid his contribution for at least 3 and a half years has the right to compensation if the disability is 35 per cent or more. The amount cannot exceed the amount of wages that the worker had before the accident that led to his invalidity. In the case of death of a member, the Act stipulates which persons close to the member can become beneficiaries.

Entry dates region

    Date of entry into force
    1992-06-01
    --

Serial region

    Serial title
    Stjornartidindi
    Date
    1992
    Volume
    Vol A
    Page range
    pp. 119-121