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Section 24: Military Service

Indian Bank (Employees’) Pensions Regulations, 1995Central Regulations · 1980

An employee who has rendered military service before appointment in the Bank shall continue to draw the military pension, if any, and military service rendered by the employee shall not count as qualifying service for pension.

* Amended vide Notification No. 25 dated 16.03.2000 25 Period of deputation to an organisation in India:- Period of deputation of an employee to another organisation in India will count as qualifying service:

Provided the organisation to which he is deputed or the employee pays the pensionary contributions at the rates specified in sub regulation (a) of regulation 7 of these regulations or at the rates specified by the Bank at the time of deputation, whichever is higher to the Bank.

Where this provision sits

ActIndian Bank (Employees’) Pensions Regulations, 1995
Section24
Marginal noteMilitary Service
JurisdictionCentral
StatusIn force as published by the source

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