Section 23: Period of deputation to foreign service

Indian Overseas Bank Officer Employees’ Pension Regulations, 1995Central Regulations · 1980

An employee deputed on foreign service to the United Nations or any other foreign body or organisation may at his option, -

(a) pay pension contribution in respect of his foreign service and count such service as qualifying service under these regulations; or

(b) avail of the retirement benefits admissible under the rules of the foreign employer and not count such service as qualifying service under these regulations; provided that where an employee opts for clause (b), retirement benefits shall be payable to him in India in rupees from such date in such manner as the Bank may, by order specify.

Where this provision sits

Act	Indian Overseas Bank Officer Employees’ Pension Regulations, 1995
Section	23
Marginal note	Period of deputation to foreign service
Jurisdiction	Central
Status	In force as published by the source

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