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Section 36: Minimum Pension 23

Canara Bank Employees' Pension Regulations, 1995Central Regulations · 1970

The amount of minimum pension shall be, -

(a) rupees three hundred and seventy five per month in respect of an employee other than a part-time employee where the employee had retired before 1st day of November, 1992 ( in case of workmen) or before 1st day of July, 1993 (in case of officers) and proportionate amount thereof in relation to the rate of scale of wages in the case of a part-time employee who had retired before the 1st day of November, 1992;

(b) rupees seven hundred and twenty per month in respect of an employee other than a part-time employee, where the employee retired on or after the 1st day of November, 1992 (in case of workmen) or on or after the 1st day of July, 1993 (in case of officers) and proportionate amount thereof in relation to the 23 Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002 31 rate of scale of wages in the case of a part time employee who retired on or after the 1st day of November, 1992.

(c) rupees one thousand and fifteen per month in respect of an employee other than a part-time employee where the employee retired on or after the 1st day of April, 1998 and rupees three hundred and thirty nine per month in respect of a part-time employee drawing 1/3 scale wages, rupees five hundred and eight per month in respect of a part-time employee drawing V2 scale wages and rupees seven hundred and sixty two per month in respect of a part-time employee drawing % scale wages where the part-time employee retired on or after the 1st day of April, 1998.

Where this provision sits

ActCanara Bank Employees' Pension Regulations, 1995
Section36
Marginal noteMinimum Pension 23
JurisdictionCentral
StatusIn force as published by the source

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