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 who had retired before the 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 November,1992;
(b) rupees seven hundred and twenty per month in respect of an employee other than part-time employee who retires on or after the 1st day of November,1992 (in case of workmen) or after the 1st day of July, 1993 (n the 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 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 parttime employee drawing 1/3 scale wages, rupees five hundred and eight per month in respect of a part-time employee drawing 1/2 scale wages and rupees seven hundred and sixty two per month in respect of a part-time employee drawing 3/4 scale wages, where the part-time employee retired on or after the 1st day of April, 1998.
Provided that on and from the 1st day of May, 1995 the amount of minimum pension, in respect of an employee, other than a part-time employee, who retired or on after the 1st April, 1998 but before the 31st October, 2002 shall be rupees one thousand and sixty per month and rupees three hundred and fifty five in respect of a part-time employee drawing 1/3 scale wages, rupees five hundred and thirty in respect of a part-time employee drawing 1/2 scale ages and rupees -rTIZzg cb For Indian Overseas Bank Tg1514-4 /Chief Manager 19 seven hundred and ninety give in respect of a pat-time employee drawing 3/4 scale wages, where the part-time employee retired on or after 1st day of April, 1998.
(d) Rupees one thousand four hundred and thirty five per month in respect of an employee, other than a part-time employee, where the employee retired on or after 1st day of May 2005 and rupees four hundred and eighty per month in respect of a part-time employee drawing 1/3 scale of wages, rupees seven hundred and twenty per month in respect of part-time employee drawing 1/2 scale wages and rupees one thousand and eighty per month in respect of a part-time employee drawing 3/4 scale wages, where the part-time employee retired on or after the 1st of May 2005.
Provided that on and from the 1st day of May 2005 the provisions of the clause shall also apply to an employee including a part-time employee who retired on or after 1st November 2002 but on or before 30th April 2005.
(e) Rupees one thousand seven hundred and seventy nine per month in respect of an employee, other than a part-time employee, where the employee retired or on after 1st day of November 2007 and rupees five hundred and ninety five per month in respect of a part-time employee drawing 1/3 scale of wages, rupees eight hundred and ninety two per month in respect of part-time employee drawing 1/2 scale of wages and rupees one thousand three hundred and thirty nine per month in respect of a part-time employee drawing 3/4 scale wages, where the part-time employee retired on or after the 1st day of November 2007.