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Section 11: Acti.iarl~lltlY~stigatioli .o~ tlie' Ji\tud. ~ Th6 Bailk: Bhall~cmMi~an inY@$tigatinn to be made .by aIi .acttJaIy j:ht~'tll¢,~BmL~cial ctJliditiori 'of the -Ftil1d~ every financial year, Ol} th~. th ",' .,...... . •. .…

National Housing Bank (Employees’) Pension Regulations, 2003Central Regulations · 1987

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30, d?-y or June, and make Hl~h addrtUjJ.:mr annual c.8ntnbullOllS 1'0 the F)'lDd as may be reql.ti~ed to secure payh1~.ilt .of-Uih.'b1'31?'~fitsun(i~f thes~ I~gul~tions: .

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Provided that_,l1le Banlc 1311;111.~a~sc;l~'~ll ip.Ye.'3tiggJi9Jt ·t9 p~ p:i~f:1.<1'~i~~actllai~y into the financial'con.dffion· of,tiie.Fml(( as on·th6 30th .~lflY6f hine' Gr G~ch-:otlier 'elate as ,may be decided by the" Boa~'d,,- in~mecl.iate1Y following tlie firi;iiJcial 'year iIi :whid; .the 171.lIld,is ~onstitht~d: i.' .. .~ . . .

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12~In'vestmeJlt of the. ]\ind. ~ All ~oneys cOIiu:ibuled to the Fund 01' received or aCC1'l..linS after th?\.r~ciate 1JyWay dfin.tefest.or .0theIwjse to the. Flll1d" inay: be elepcniited ~n a Post Office Savings HaM AccounUnlrJ..c1ia or in a' current' account wit]) any scheduiecl bank' (11'.

t/tilised in accordance with the pl'o~dsio:ri~i~:fQw Indiari tl'llSt' Act, 1882 (2' of 1882).

. . ' '. ~ '. . '. . '. '.", .:. .' . \. . - ~ 13: Pa:ym~nt o.ur of the Fm:ld. - rfhe paYHl\?J).t .qf ~eTi~:fH§by th~n~~-llst shall be aclmiJ.dsten:~d :(QFgrant of pens]onary be'1e(.its to thecemployees.Of the :5E\nlc;pr the fami)y pellsiOl:1 to the f2l\nilies ofllle deceasecl e~:.a,"[<oyees, ..,.

CITAJ'TEJl.IV ..

QUALIp'I(IN G BERYl CEo 1<1.QUfllifyillg·.s~rYice; - Subject to th~ other conditions cont~ined in these regulations, ail employee who has i'~hdehed a miniln'l;t~l of ten yeats of .service in the Danieon the c1~te of his retirell,1ent or the date OIl Wll~cl! he is. deemed to ha;ve' retire(l. shall cJuo.!lf{'[o)' () pension, ,.

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15. Co:rD.li1~nceJnentofqualirying·.sel~ic~.. ~ Subject to the.provisions contained in these regulations, qualifying servi~e of an' employee shall cotnmence frorn th~ 'elate he' t!3.1~es charge of the l)(ist to 'wl)ich h~ is first appointed. on a p'erh~ane:nt lJasis i~l the Bank.

i6. COuli.tillg 0:£s~rvice on pi'o'batio'n; ~':iService '011 pr~batioil against.:a p'ost in·the Bank ./ if foiJ.ov'lecl by c,?nfitmatiorLill t~l(:qq_nle.or.any,othel: post shall qualify.

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Where this provision sits

ActNational Housing Bank (Employees’) Pension Regulations, 2003
Section11
Marginal noteActi.iarl~lltlY~stigatioli .o~ tlie' Ji\tud. ~ Th6 Bailk: Bhall~cmMi~an inY@$tigatinn to be made .by aIi .acttJaIy j:ht~'tll¢,~BmL~cial ctJliditiori 'of the -Ftil1d~ every financial year, Ol} th~. th ",' .,...... . •. . . . ,
JurisdictionCentral
StatusIn force as published by the source

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