The pe{:iod of deputation of an em'ployee to. ano:her o~gaIi.batidn In Ii1ciia\:'{ill col1ritas quallfyln:g setvice: .
Provided that the cn.ganlsation to which he is dep'l1tecl or tht employeepaysto the Bank l:Jle perisionar;y contribllti811s at the:mit:)s speci:fied in·sul;Hcgulation (a) of regulation 7 of tbese fegulation~!(l~ at the rat~.3 specified by the Bank at the time of deputation, whichever is higher. '.
'26. Addition to qtudifying s,ervicc in.special cinm111st~llces_ ~ An employee shall be'" ellgiLlle to adcl to his' service qualifying fqr sUl~eraiml1ation pension (but not for any other class of peilsion) the actualperiod not eX(je'ec!.ing one fourth oftbe length of his service 01' '. the actual.period 'by which his age at the time Ofrectnitlilent exceeded t}:J.e upper age limit specified:'by 'the Bai1lc fof direct iecnii.tiJieJlror a pe,;ri'bcl o:ffive'years, whichever .is less, jf the service cirl:,Jostto v.,ihicl~the employee .LS;ap'point~d is one -: . :. ' '. ®
(a) for which pos{-gi-adUate 'Tesearcli,: oi-c'speCialist quaJificatiol;' or experien.ce in scientific, teCl1l1610gfcal; or pjof~sri/6Iial fields, is essential; .
. . .~ '. .;:.;.' . . .
. (b)to which candidates of age exceeding. the upper age 'IiI-nit specified fOr Clirect rectuitm~ht 'are 1~otma11yi'ecl'l.lit~d;,: .!;' .
(8) ·for "v'IhlChthe ca~ldidate was given h~el.'elaxation. over and above the maximum age . 1_lf]11tpxecI by' the .Bank 011 3.0COl.1111: of his possessil~g higli6'i:'~qua1ificatiolls or expenence:
Provided that thi.s concession shall iJo~be admi's3ible to ·an employ~e.lll11ess. his aotua1" qualifying .service at the tirhehe qliits t11(;)s~rvlce in·.the:Bank is not less thai1 ten years: .
.Pxovicled :thriher' ~that this; ~oncession ;;11a11be adm1~sihle if the recruhment rulec in respect of the B~i(18er~ice or post contain 0;e~ifi~ ·pi'ov.{sibnthat the service or pasHs' otle which carries bendit oJthis,Te-gulation: . '; .
...--.I':' .......•..-.•......,_...
~ ••... ~.......•.. =_:;::.... .•.•• ::..~ .•. .::.!._ .. _.:..· •. ·.1F " ..... _._._. .
47 Pro:vi"ded also that"the recruitment rules iIfr'¢specLqf1iUlyse;rVlce .Of post which catries · tlle b~nefit of thIs regulation,~shaJl oe mad6 wHli~t4e ?lPproval of-the Genu-al .Gov.ernm.etrt.
. '." : . .... . ._ '. :: ...". . .~ " . CLASSES O.n'PENSION,' . . . ". " " ~! '.' ," .'.'-. -jjl C}IApr~*RV "i .J.
·2.7. Sup~rann.Qatlon ..Pen~ion. '-. The: BU'pgb:~nuuation!pi}nsion··shall. he graq.tecl to. an eJnployee 'who has retirect an ihis. att~ning:;.tlie;· a~~ ~of-supeni1iuuatioIl: spe~_ified in: the ·National1I011sing Bank (O.[:B.cets') $etvice' R~~lafiqIlfl:.199,7.:·: '. . '. .
Provided that, :pension s[lali also 'b~ graI).t~:dtq ~ er,nployee wllo opts tCJretir~ b~fore ·attajning the agg of superannuation, but aftert}lav.fug serVed' for a minimum perio.q of 15 :years ip terms,of any ~chem~ th~:tmay Ge frarrihci ~y the J=foatd :witli tht) concur:i"enc~ of the Central Government. "'..' . . ';'" .' / :." '. . . ",. ,. ~.;"
.28. Pension on Voluntftry Retjr~mimL -.(~). An ~l!Lplo.yee,at any dme,. after he h~s .Jfnpleted twenl:y years, of 'qUiilifying service"~ after ghd.Ilgilotice of ndt le,ss than. three months in wxltilig to the:eompeterit lluihori:ty, llfay retire frdm ser;vice~ .
. .~_". .
.".~'. Provided tl'~at'this s1.l6-reguiation sl;tall not:'~pplY"tQ an employee who 'is 0n deputation .. 'or (In Sludy leave a.broad llliless after havil1g bet~htransferred orhaving returnedtto India'he 11:::IS re:sllJ11ecl clwrge of the post in India and has i:i:~rvedfOr a period of not less than one year: . . ':' r· . '.
J •••• y'
Provided :fllrther that this sub-regulation shall ':riot ~pply· to an employee who seeks ,'etirernent f1'on:lservice :I;(JJ'b~ll1g abso'rbed pern.iai1elJtlY in ill1 alJtonQmOl~S body or a publlf' ::;eetor uj:lcle~taldJ1gDr comjJ~ri:~or.institutlol; i:ii'body, 'whether incorporated or not to wl~ich lIe is Oil dq;utaUor~ at the tinW of se~ldi1g vohultaryretirel1j.eIlt: .
Pr·ov.jdec! also th~t this.sub-regul~tion shalll~o!:'aiJply<to' ~n e.n'1jJioyee who is ~Ieemed t'o hHve 'retired in acco.nIEulce with clause G) ofreglila~iOl~ 2, ; .
(2) 'The n~tice ~f v~lllntary' retirenient giv~n ~'mci~i.;~.ub-[.~gulatiol1 (1) ·shall reql1Jre ,\eceptan~~e' b.y 'the competent authority . , ," .;.:
Provided t11at wlif;l'e the cQrhpetentauthotity does notrefust'< tc grant the.penllission for ) reti rel'l1el:ltbefore the expiry, of the, period' spe(~iJied h:t'tl1e said notice, the retirement sl~al1 . becpme f:ffective from the .date of~)f.piry of th~·~a:lclp'eri6d.. ., '" . . . . .' . . .. ", '.' \ ~ " ..... . ..' . '. .
(3) (a) An emlJlbyee refeh:cid to in sub-Jegiilad6~1 (1) n:iilYjml,.ke' a:requesl in 'wrltirigto the.
competen~t authority· to 8.Geei:it 'notice of voluntary retirem'ent oT less thaii' three mbnth;~i .
g·ivihg'· reasons the:re;f0I' . .. . , . (b) qn:receipt'ofa,request unde; clal!se(a), the competent authority may, subjecttq the provisiops of:sub.,.yegulatH:m (2), cops,ider such n~quest fO:rth~ c.urt~ilin.ent bf,the.p~riod .of nopce of thi'~e month~ all ll1erits a~d i(it iS$ati'sfied 1:hatthe 9urt€tilmel1t'ofth~ period of notice wiU not cause'any administTati:ve incony\~:hience~.tl1e·competenta..l:lthority may relax . the reqi.iirem(:!nt of ilotice oLthret;:: months on tlie cdi1dition fhaf.t1ie' e.tr;\ploy.ee.'shall not tlpply to!: COlTI'jTlUlat1on' of:a pm·t of his pel1sibri' before ihe expiry of the 'hotiee of ihree( ..fn()l1ths. " . . .
.' " .. r-;;--;.;_ ...........•...... ~.•................•.• ,. _ " __ ~"" . '.'_._ • ", .• }r.
• " •• "po " "._ ••• ,1 48 " , , I • .• ", '! #. ' • f
(4) .An empleyee, Who 1~a8·'elec.ted· to retiJ:e under thls:tegulatjon·ancl,has giveII neceSS8IY notice. to that effect to1l1e.competent-.:~¥Fho;dlY, shall be preciuded fro111.withdrawing his notice 'exc¢ptWith ~he specifiC approval 9'f.silch authorHy: ' .
.' . . .'" -',' . . . ,- ;..:~. _' '_. . . .'
Provised th1:tt1itereqyestfor such withdi:awal shall be made before the intended date of 'his l'etireinenL' .
.(5) The qualifyfngsetvice aIan' employee ret~t~ng y.dl:Uht~ril:y ll.lldertll~~regulation shall be increased by a .petj~d not .exCe~(UIlg five years; 'subject to tlw condition' that tl~e' total qu:al11Jiiig servic.e., ferideted, by such· emplOyee' shall. riot in any case exceed thiHy-three :yeats and it doe~ riot iakehlIn beY~.Iidthe date ofi:nperannuati8rr~ . " .
(6) T)le p.~i1si?J?-.ora.n emplQy~e retlrirtg :_md~~tliis·.reguh!.tion. ~J~.~Jtb~based db. the av_erage ' eh1(jluirte:rit~~'as'" d~1i:Iied ·UIidef. .Clause Cd). of regll1 ati bn: 2.' pi tJ~ese regllla.~ions' aild· the iri.ci"e~se,'11:0texceeding' Eve years in Mir;:qtlalifyj1Jg~:sen;ice,' sh~U not' eirtltle hin\ to an}' 'notional:fixation ofpay fbr tlit purpose ofc8lcul"ating his pensiOIi.. .
19. Invnlid P en'slo,J?-'_ (l)Invaiid pelpio~4!nlaybe grant~d.toan e.111pr~:yeeWl;o:.:- .
. - . FA(a) has reri~~eredl~tnimum t~n,years ?f service; and.... \j)
(b) I'etii-~ifroln'the:setyite" 011 or.aft~r ;i:he notlfieg date", or~.account .o[ any physical or ' meu.tal iilfiriill1:y whlth.ppttnalien9!y incapacitates hin~ for' Jhe service:. ;'.
(2}.Ah·enlplOyec·-ajJplying for an .in~ail~Ipensio~ sli'aU·su1:nnit a liJecljcal· cettiflcate 'of incapacity from. a medical 0tficer_"approved:by the Bank - . . . '. ~
(3) Where th~..,.;~nedical officerapprovecl'by the. Bank has declared Jhe employee. [:it for further service 'aft less laborious' character than that which he had been doing, he Hl8Y, .
provided he is \Villing to be so employed, be employed on lower post.and· if t)lere be' 110 means of employing_hirn eyen oil a loweJ);7osL, heinaybe aclmittecl ~oluvaJi.d pension'. .
(4) J:To medlbal ~certificate Of i~cap8.citj.~for service mE!-Ybe gl:ant~c1.·uil1es·s. tIle' appJicant produces a leHei- to sho·w qlat the com]_!)etentautlWrity- is awru;e 'Of the int~ntion of· the applicant to. appeat before the medical. officer approved by tlw' Bank.
01. • •
(5)' The 'meciicaJ; officeJ!',apprbved,by 'the Bank.·shall als\vb:e\ s1.1ppliecl-;by the competent '0 ' -authority ill w.qioh,.therappJiCa:nt i$:' employed with- a;_;.$tateItienfof what 'llppears' Ttoil1 official records to be the age of the appliC~i:JL .
30. Coni.p'a,sSldnate. Allowance, _. (1) ·:A·.n 'exnployee; :who! is' d1srnis.')ed: ~r "l".emoved or.
tt;:rminated frbm Sel'vice; shall forfeith'is,:pensidn: ' .!
Provided that the autho;ity higher than th~ authoritYComPetel;i: to diqmiss or:l'emove' or' tel'lninate hini from service may; if - ;::;'. '. .
.' ... ' ," 1':.. ': . '.
'.(1) such disrilissat Tenloy.al, 'or teImip~r!:i.(;mL~011 or after the"nbtifted date;' and,
(ii)' the caSe Is deserving of_special ~bl{d~ler,a.tiol1, .
sanctj,on' a cOlnpas~ionar:e allOW~l1c~ licit ~J:f.01?~X1in:gtwoAhircls:onJ1e pensioi) -wbich WOllld, have been aclm1ssible tc?'him 011 the ba?j,~J:f the qualifying service reridel:ec1 'up to the (\~tc ' of his'dismissal;removaI, or tetli1.ihati6n ... " , ..
. ;..
:. ",i',j .'
. ' •...•. ,.• ;.•;:.:.•.•..•.. ··'t,'· ': ... : '. :1.' : .~.j. : -; .~.::::-.•.• -_ ___,:-;:,.•• ;:_::- ._ ::-_.•"':' .•.•. __ ':;
',;- '-~."'- . (:2) Tlie comp"",joUfl'~ allwilifu;i;~.nctigned lliIdot the proviso io .~b"regnla~<l~ (I) sl,all .
nat be leos U,an th., "'nount "f;ihilil1]l~til P'll~j(!tl1JllyaljJ.' uudet'rell1Jlatlol) 3.5 or these. l:ei{tilatiollS. . .' . . _'. . ... ...
. ~:.
31'., Prow, tHr.' ReHrelll ent.Pe11sion, ~ hem arure-rotkome"fpe08ion. may be-gra)lted ro an . ernployee WIlD, _ .. .. . . '.. : . . '~ .. '. . ;.
. ~~;.~:~:.
-..1. . •..•• '. '(a) has ~'ei1deledminirrrlJfl1:ien years af:d.~tVl~e;. .,~.
, ,'(5) re!l,e~· from setvi~e' On auc"~t af di~~l'gof the Banl, l() retii;~ Pr~matur~jy in the - 'public. interes t oj' fur ..!lilY" utlW' ',.S9D', specified'in the National HOllsing- Bank (0' [fleers'), Service n~gt)latIi\ll.; i99J,J£ otherwise 1,0 "'"'I en!itj';,r/ to s~ch l'ons] dnon S:up~ral1?liq;tlo¥g;) tliat dEittil. •.. -1; . . . '._ ..
3~, Compulsory, retirenlOlIt pensl6il, ~'('hAli "JIlPJoYe" cOJnpul~~riIY' retired from sen ice as a penally on' 01: after no tified (l~t. ill, 'ierrn. 6f the ,N'alion.l Housing, Bauk Employees' (Condlibt) ,Regulations, 1994 a!ld tho Natiolial Hou,il)g Bank Employees' (Di,dpline .;'d Appeal.). n,"gliJ.iJdIl8, 199;1- 1)iaY be wanted, pen.sion b)" the authority I)ighe, !lj~q/lb. -authoiJty, compoteriL to lmpti~eslIch p.niuty, at a me 'no' 1e,sthan two- ,. thirds ,Md not mqn> 'lJan ruli' Pen,lon .dmi';~ibIe to Jrlrn, pn thedate of liis c0!'1JJulS01Y - ""- " retiJ-enlenhf °lhe"wise'IIe,,\,as ~Iilll.l~d Ii>UUelli'ohBJou 'on SQl;Magnuatibn Q'Iitha. date,
(2) Wl1e~ei>';i'II, the 6a,~-of a,l employee the compeieI1t au:ihotitYpasse; an oI:der (wbether OI'1&i""l,'appellate odn exenii"_6fJloW~n ~fj'.v_i.w} "warqing a penslop less n'M the .fbI] COlllpensatl()ti pension, adtr1issi]jl. ,and.r', tli~sci r.gtil.tiQlJ~, 'th" Board ,i,alJ, be ,onsulted'bef()re SUC~lorder-is passed.
Ci) A 1"")310it gra\'ted or'awarded uidet Bllb,j'eg'~J~ti'In (1') or" .., th~' Cuse may be, "".cler suberegulation (2) .. shall not be 1"3~ ill~ntll" al1ioil1Jt of)"lpefs seven h u nclred and jwentyJ1er lUensem.
I .
33, ],,, Ym-al1 t oj'1' ellSi" U 0l' (i"!lily' p eilsiiJ,Q IIp' esp en'L q/ ""P I0)' "es' W110,i'etlr etl Qr ~j eo be ltV·.n 9'" JIlly, ,19 8B "ll d, tJ.\!i np,jH'iad <1a tt. ~'(1)I'll ci ¢l1lpJOY•• , WI,O haver. tired fi;Olil ' the senij ee ohlTe ,)3aok between ,9", day o-fJ ulJ"'~9 8 8. ~nd th • .notiIJeo dau,"shall be ejj.gi1>1e for p,enslo" '\\>1lhafect from the llotiQed, darb OIUlY" ,.,: . ... .. ..... \ . ... . .. .
,( 2 ) The fami,ly of ,a deeeased employ.. 'gpVe,rIl~d by 0* jlroyi,ions cOl'tailled in 1]1e"S uhreJ>'\]alions (4) of I:6g111ati 01; ,3 sbaJI ,be eli giblo for family 'petiii 6\i:~wifu,iff.ot. B.-.'m ili.
,notified date, ' '. , , " '.:', ". '.,' ' .. ,' ..
. C1i4PYJtRVJ .+ •.
.,.'. ·RATEOFPi~SION.·: . - '.
3',1.Amoun! ) f .PenSion. -, (1)' In '!~spec!,of emJiloy".s Wl;.,",etiredbet,vee1l. '1)e 9'h da );,.of July, IQ BBan.,; tfie no tifieo, date~ basic f;e.risiow w;!J be. i<pdsted as per the _fonnula ~iven in Apl,endlx-j .... I, " ' ,.,' .' ' ;" . ,..... '..',.." '" , ,
(2) III the C'SO of an. 'ill1ployee ,reUrjng in accardanae'with the P<O.y1s1011s afllJe'sel'v!ce re gul atiom "ftef com plel'l1g a qualifying' ,ervice bf'uot ')liss 'ihari ,thirty. three )'e.,.s ill.
am;) w,t of b..,j c ,I'enaion shailb. calcpjaled at .fifty percent of!ile ~.v~g';emolUri1et;ts,' . '. . .. . ,. . ..,.. . ' :... .. .)1{ (J(/2iJ.I)3 __ 7 ".~.- .
'.
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49..
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:, .,':
~ '" t.: i ,TIm GAZETTE OFrNlig'A: EXJR,AORDJNARY====================~~========~ I ..·· .
. . . . I ..._ . ... ._
(3) (a) additiona1.pensiOll shall be n:fty pt',l" ce.nt.of the ,average amount of the"al1owance~ drawn by an .en1ploy~e during' the i~st ten months. of his service;'
(b) no de'arness ~elii::f shall ,be paid ~n ii~e 8ln~~ntof adc1itiomiT pension.:"
'.-. ,-. .' ..
EXI,:H~m[3.tion.. ~ For th6-pili-Pb.se~ o.f tJ~ifu:'{}1b':"regulatibn "f3}1ow.ai1ce:'3":"m6ad~ ~llowe~cek , ~hi.Gh 8l~eadinissible to;the extt5nt cou.nted for making,contributiQJJs to the-provident fund.
(4),Pehsibii as compLiled.bd:ng aggte~;te.i6f8ub-rf::gulatipns (2) ~ncl(J) shall be SiJ.bj~Gt to the minimum pen,sion :E\,s s]?~~ifi,ed, iII th~s,~;regllla1ions., -:::;,!, ."~,, ,'" ',:" ~,,' - l' ... . . .' '.. ~_.:'
'. (. . .- .'
(5) An ~niploy~~ who ha'~~tOfuumted t~i;adinisslb'Ie _;poiii~rL-,bf_his 'p¢lision': as per- th~ 'provisi ahs of regulatichi 4C shall tecel've 'C,1l1Jy the bal<itlC;e.of'yensjOll,- FlOnthly, -', ' .- {6) (a) In the c~se of a~employee retihng before ~omple'titig,aq~laJjfY11).g serviCe oftbirty .' . three 'years, huJ alter 'GompledJ:~g'a: CJ\laJ'ifYW'g: s~6rviC'e of tell -yee_is:'the arnolilit c4' I perlsion ':s11a11:be pr()pqrl'ionat'o tei: th~: a.mouri~' of pc:ns'j,on. admissible. i.ll.1d.erSl.l be:
reglliatlo'lis (2) and .(3yand ill I19 iase the ~amollJit of',pensfolt sbalf1?e"]e$s than tJle' amount of P;lin4nqm pension' sp:e~ified in,th~seregil~atjons: ., 0,,,,/ , (b ) 'Notwithstanding ~b;:Wihg' cbllt~iAecl)n, ~Jes~::,r'~~l,alions' tt;e: ~:d~'o\J~~,i"r;finva1i<I:
, pel1sioil shall 110t ,be less ,tha~l the ,drdinary rate of faiTli1y pension, -ivhieh woulclll ave been payable to his'family iil the (;-\1:(-::11 orllis cleath'wh:ile ir/ service, :,:' " " " , ,
(7) The,all1built of pension :iihally:detep;:rljned ui'lderthls i~eglil:atjon shall be, exi:iesied. ill _whole'TLlpee and \;yher~ the: pensi011 conl:aTps a fraction, of a Tupee, it shall be rounded offio ' the i1ext higheJ:;<T._upee, . ' .. ' " .', ' ' 'i, ' ..-, .' '~' , --'<"_ 35, lVIi'niminn jl ensiOli. __:The am:omlt of rriinirmlln pel1s:to:fJ' ~h~n\'-e/~ev'6~tb\m¢i1't~d And.
twenty nrpe'es peit month. ," .'..' , -' ' ' , ,36. De,Hl'Ue.ss reHer. ~ ,(1) Dearn~ss J'~li,ash~, ]Je gran~t:e9-:Qn:,l~asiC:p~ns~o~l'__OI,,,famil) pension- or irivalicl,pensioh of:oi}' ccirjjp~S0rGliate a1l6wan'ce' h~,,"accOi:cf~iiGe'with the'ratri .spec'iiie'd'ii.~'App~.ndix II:. . '. , ' " :,' "..' ':':'~', ;,' " '. , • ._....: . ." • • r.: •
(2) Dearness relief shall be ,~l~owed ~ri full basfc:peJJsi~n even: afler GOm1lll1t~U.on. ' 0).- "_ ~ '.' ,,!-,(:\.," .-;:.... ~.•. : •.,: ._~.;..-" , ..•...• -: .• ' .. '.;:. .._.'.. .' ,fi: '-.', .~.'. ......
, 3,7', b,et~ri,li~lf~~i_ojt'at:111:e "p e1'f6'cFdlf t~i< rI-(o:ii_tlls, ;fob:riye~'agi'f-mJJlir'ni~n{s! ~ 0): 'Il!
peribcl .6{ the p,teteding:\eh :rnbhths' 'kG..; "the' jrutpo:sei-- of fiverage' e~bluInents-, shail-.h reckoned fi:om the- date of reti±-ernent:. .. . •. -=.;.. ..
. ..'. . ._.'. . ". ....'.- .:!'. '.. .....~..:..1: : .'.~ '.... .. ~~... ::.. :.... . .. : ;
(2) hi'lhe c'ase of voluiitary"rethe1n~nt or prer:p.atvre retiren1ent the' ,period of the precedill , '. t~n'-in(HYlhs Jar the purpos~ :of ,a:vetetge e.mol~llnents. shall, be: Jeckoned ,:[tQrq 'the dale '0 .which th~: e.h1plo,Yee :YOl11A::l81'lly,reU'l:es,'or is p:i-~m.at{lf'~l~,re'tVedby the :J3;al~(/" ,." i i \' .' .' '. ..J. '.. ~ '. ,. ~. ',' : .... . !
.(3').In th~ c,ape Qf 0is:r.nism:il 01: r~mo 'ral 01"'cOIl?-pulsory retii-emellt' or lern\iriation of'selY)/ , ,the pe.riod, of ,tli~ ,pi~ec:~qiIig, t~ri'moilths f01:" :''lH'; JJ.urpds:e 'cJ[ 'a-ventge' emo]tllhemts, shall" -. - ,- , ,-,'- ." "': ,,-, ' , .. ' " ." - -. '. .-, - .. ' ' .' . ' I reckone,d from the dl:l_-te on.which the:. ei-'Tj!lloyee is disnllsse'd or l'ciJ11oV'ed ,or c01:npulsorr r~tired or:terrllilr-atedbytheB~_l]k' :'.1 , -.; .. ; , ' , ' , ' , I
(4) If c1uri,l~g th~ iasUen m9uths ofthe s~tvice-'an employee had be~il absent from duty I "extraordinary'leave on 108s of_pay or I1ncCb~en lmcler s'uslj~nsiQn DJlrl n;e period when , , does n'dt CCiul1t as serVice, the aforesaid period of~xt~'aorcl1J1ary le'av'~ ,01:'8uspensiop sir .
.'.'
.. ,., .. ' '.! ." ; '1' ?"r.:. .
'.: -" '-.'; .. . •.. • _ .• ~:!.::.__;!.:::..!.!-!.:~.=._·.~:".I ...••r.:';.... ::. .. _._.,::-~. .• __ .. _ .." "'-;1:"",· .1·•. · '. . .' .. ' , '.' ~ ,.. ' .:,<. 1 • not lie' <aken in!'o accoui,t iLlthe:c3!.cul"tlbn of tile.averag~ einolun,ents "l:ld'"' eq4aLperi odbefore' the ten l110Irtlis sh~llj be ineJuded, '..~:. '.' i. '. . .
. . f~3·~.'
;.i~;:
CIIAPT.I[R VII.. -:~J.
.---~ • 111'1.11 <fiT""I$r: a::rnrtmur. , . . .. ;._:
51- _ . !
... ;..
. 0" ca'l'!>iwsf~"ate allowance, ,~. .:. .. '. '. . ".
J' .. _ ". " '. : :". ..... .•.• .,.... _ •. ' :. . H.
(h,e, farnH;yof the'Il'ceased ~11a1J be eJltilfea to,family pellSion; !he einount of whiell shaH .be 't). deter?lm,,~'I~ accordatlCe will,Appendix ill , " '. . . .... . . . '. .
(2) Tlie ';"oun( of family. pe.nsioll·shall be fixea at monthly rates' and 'lie expressed 'in whole n'pee,; a').d where th6 family pension' contains'. fi~cti'on ':of a rupee, it shall be!'C)unded off to the: Hext higher ·r.l~l?ee;· .,"" . '. .
. '" '. " . " Piovided th,!t iuno case a family pellsionin eXcess.oflbe maxim\l.m prescribed undertI:.se r.egulalions shall be allo,wed, . .' '.' . .' .' ..
. . '''-. . .
OJ (a) OJ WJ,ej·" an· emJJJoyee, wl,o ia' j,ot gOYejiuedby fue Workmen: •. Compensation Act, '1923 (8' of .l9.2'3)':£Iles'w!111ein seniki;e.after haYing rendo,"!' not less than seven years' coi{timlOUSsen~ce,. ihi: rate ~ffamilj, pe~;;'n payable to..th. fru{;Uy shall be egllal,t~ f)1ly pe,~oe]1t,6:\ ihe pay .Ikst dra1'(l)~r'lwi ce. th." family pensi on admissi bIe mider sub·regul ali011. (1), 'whiehevex". is '.Jess,. and the amount, so .dmiss.ib/e shaJl be payable" ii'om lbe dale {allowing: Ihe dale.oLdeath of lbe enjpJoy'ee.io/k-perjad' df seve~.yea.!'s..01' fort;~,peri tid' iip W.·the:d~t.:·q!l"which the clecea8ed <;nij)/oYeewould have·.altahi6d ihe'iigci'f!Xf sixty iiveyeats haiHnrsUrYived, W hichever·isdesB.. ,. '. . : . .'; "'. ..'::.,\\((" .." ';'!;;;r;,"!p :::.:' .' .':' "~ ". '. . . .
(i'i) In the event· of death of all employee a.!t<!l''?elir~ment;;ih'{famil!l" pensi on .as determined· under dause (a) ot ·dajj~"(b). Qft.4i';s~lHregul~tiOri~h.lfb ~p'ajabl e for a pedod of Be'en years or,.fo1'1·period l!Mii!tlte.?!"t<i'tlil whkh th~ retii'~d decease,1 employee wo uld have al't~ine4;d:J\;'".age j»f, 'si"ly. "hr." .years' had b~ survived, vlhiclle:vG:r Is Less, '"':~.. ; ':':}::\F,~:'>.~.,~~;i;'; ih', . . ..~.i:'''''~~' .
..... . '.:"'. . '::t.. .'. .,' :.., .J :.> '. ..•.. . . .
(b) (i) Wllei'e all emi' JOY\'O;i:l.Who 'i•.:gP,j!e·rned'bjitj\e WotlUnen' s Compens.a.tj08 Act, .: In3(8 ·of 1923):..Ui"s:'.]'{hile"in'servic" afte, !jaVing I.ndered·llQn~;;S.,'h"'i seve)] '..:, :yo'"r, I'<011!inIIOll';"ser"i'ce;,.!Q!H.Io,,:ujf;"llily.PellS!;;h'Paji~)'iieto t11d"ilill' shall be ...... ;'eq "0.1·to.f)[tj\ ''!let· cent. 'af: 'O,e'pay lase iitaw..•..:01' ;0"0 and;'haIf.'llmi;:;( th""fa~'j( _ . 'jJe"sid';:'adniissfble under si,~ i'.gulation (J).;·wi,iCheve<is:JM§; '.' "..,.,. '.' .'
. " , ,,' '. ,>. ' .. : . .. ',: ••.. ., ...•.. ". ,.... • .
(Ii) the family pepsion so deteri(jin~d U,;der sVI1"claiise: (in]).]']" oe'j;ayabje for the Iperi?dmentioned in clause (a); . " . , " .. '. .,:: .:.... ~ '. I.. ,'. :.;
. S8, F,,;nily P..b~jon, 7 (1) Without. pr~jud,i~e, to the' Pr:;.~iSiolI8,JlE)ntainedin t!ieso regUJatiollS·whe,·e!iii employee dies.. :;;-';. .... . . "'. ..'. , ".' .
' .'.(~j.aftenonip,leti~n of on~'ye",of ~ontln'!~ seiVic.;:.a~· ..< .. " '.... . . "', '7 . .... .... . '. . .
(b) before cdmpl~Uon of one, YO"Lot oon'(1maQus.sitr'vice. if the' deceasog' eUlploree 001160[;led.iJr,n.,ediate!y ;Pllor ':to' his (iiijlliIltUletit\!O :i!ie. ser'v{Oe,0£ .post was ..• e"anu"e?. by • lnedlP,al. Ottft:er.:apPt~ed''bY. tij~')Clilllk aM (kel~reg:fit for ' ~inployment in tl.'D ""-";.or . . . . C ~; .'..' '. • •• .' ". " ',' .' :" .
(ej ",er reJ'~me;ifro:'r; S"ryice and was Ori~,e date O!;U;~th>in receipt of" pen;ion, . - ...FAMu,YP.wNSIOlif.!~/·. ~ (',_,.~..
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''''', [PARTIJI~3EC: 4.]
"(e) 'aitter the expiry of the periodreferi'e.d t(~hi ()laus~ (A),.the family in J:eG~iptof_family pensidn hllldet"th81crau'$~ or'b1.ftuse (b) shall- b~ ;fiPtlt18dto farnily pension' at the' rate.
adnii~siblID~lll1dei' sub-regulatioIi'(1). ';' .
. ;': c . • . !';' . .' .
. (4) Notw'iUistandll1g :'a;nything ~"Ontaih~d·. jir'these If;lgl.Uatiq"I1S~where -the family of a deceased ~lllproyee opU; forpenslonin acc~f;dance with~ub"IegtiJation.(4) ofregula.t~on.3, sllch fainily of tile decea$t!d~!:'lIi&ii°1;;>eeligible.ft)i: faitdly:peftsiOh 11l1der these'regulatHms. .
· .' ,";; ,~, , :.;: ; .•••.. /;; !. • . '.' :.. '.~ .' . .', :.' ,. ".
39 ..Peri¢d bf'payment offainilypensio;n,.[tt (1): T.Q.~pe:dodfoi' which· family 'p6nsibn is payable's11all be~ '. '. " .' , ;\, ~...
(tl) in tlie Qase of,a widow of ~wfdower,. IIp 't6 th(:l' date of~J~~Ehor re~'li'larl'iuge)whiChever is ~atlier; i·' .
'(b) In tJie· ~ase of a ~;i1j l,lnti.J:he attaitis ..the age..of tWentY-five yeats; and . "..... '.' ';.: ::.. ,'., '_'.i . . '., . .', . _ . '.
(c) in tIle J}9.s~J:\f.ai). llijma:ni.ed·i#rligli.ter, 11l1t~r:she. attains the age of twenty-Bve years or u;ltil she getJ married, whtdwy.e-r i~earli~J}: . . .
I. . .' .. .-. -:~ f • . . Provided tilM Ifth~~:s';ri or dauglrt~r 6:;7an ·elllploy~g· is Suff'Elling froITI any c)i,gol:clei' or disability. of mind' 'Or is-physiCally. crippled '01:' di?abh~d:so: as to r~ilc1ei':l~l.l!l·or.her unable' to· e~rn a: llving: eyen ill~i ...attai11ini('the ~tg~:of .tv,reilty;.fiye ·yG.ars, 'the 'f8nd~y p.ensio.n sh~n:be:: p~yab.re· t~·:$l1cir son Of. tlaughteJ.: for'.life subjeot to the follQwll1g cOnditi~n.'?> namely:.., .' . . . ,).. '., '..
)" 0)' If such .s.on: or daughter i::1 bne'among lWb 'Ol;:'1;16l:e" children of the employee, the fani.ily pension shall b't 'lnl1ial1y 'lJ.ayable ti::dhe minCiF chUdhm ir~,the orck'r set OLI t in cJause (e) of sUb-::regulation (1) "<.lOtil tlie last r.q.inor chiJ.c1 atta1ns the 8ge of twenty-five yeaTS', and thereafter the family pt3}1sion shtitll be re:3l,lmecLJ.n favour "of the s'on or '4aughter suffel'i1qg from ,e1isordmo or tlisabi1i~Y of i'nind 61' who f~, physically crippled cir disablejd and shall be paYf.l.bje to him or her for l1fe, (j.i) If._tl~,erear,~ rno~:e th~r: one sV~h chi ~gren, su~fedn,g from ',c1isolde,:01' c1!sabilil:y' ~f lTl1ll.d or who.' are PKlYs1Callycppp1ecl ..,or chsabled, the f811111ypensIon shall !Je pale!
in the order of their birth and the YOllngei'O f them will- get tbe fanii.ly pension o.nJy af~er ~he.elder next ab.ove him! 01:her: ceases' to. be eligible: . . .
' .'ProYi'~e-d: that' wh~~"e'the family ~'~nsiol~ >is paY-ahle :to .S'llch twiJl· childi'en' it · sh.allbe 'paid In' pre mahneio Be(:oil~ in ·c'lfll.lse (f) of Bub-l;eglllatlon (1). . .
· ,)::,:1'1'::\ ~ ".:" .' ,'. .' . . '. . . . :"0 . . . .... '. .
(iii) -rheJamily:p@n.:Slon ..;Shall be paid to SlIGh son or. daughter through.the gLiardian as if he '9.1'she ~/ere·a infnore~cept in· th~; case of1jhysi~ally crippled son or (laughter '~;:':1 ! /who has attained tl~e Elge ot ITiBjorlty ..' .. .
(iv) B,ifDfe:, allowjng the family .pension for life' to any' such son of_da'Llghter, the GQ.rr{pf;t~htauthoj'ity shaJksatisfy that ~behandiC~iJ is o(sdch 0 natLii'e as to pl;e.vent" .
hi·ni til: her~-oril earning his or her!ivF.\JihOQd qnc1 the same shalf be eYhl~11cecl by a certifisate; obta~n~d fi:OI11a )'fl¢dical_ q)ncer approyed bY,tbe Bank:, setting OLlt, as fal~.'~~··:pdssiore;the exact mental' or physical. condltlon of the child.
". ::.~~J\ 1.'..• ,:: .. '.; ~.:". :. "'.; . '.' ' ' '.' . '."
(v) The"'persoh-reeeiving the 'IaiTiily pen.'3i~')l1'a.8gl.iardjab, of'SilCh son'or daughtel' o"r -'cIT 'jCl:i"{:iJn~,,,,.$.uch sO'n or '?augl~tei liotl:.eceivji~g the fampy 'p~nsiQnJhl;ough a~gllard1an shan ., produce every thn::e yc.ars. a c~rtlfica~e hom 'a·medicaJ. officer approved by the Bank to the effect that-he or she. GOnth1~le3 to suffer fI'om c1isorrier or disabiHty of mind or c011tlnues to be physically' cl:i~Jpled or di~qbled ..
"-...
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CD) in case ofciaughIeJ,~thaHI.he h~s 119t )retm~riie4; ;;" . , .
. . "'.' :.': ", ,. ' .. ,-- '. . .... . .. .....
(e1) if'; deceasecl. e",plol"!e 9):,pensloJ,e, leav';; j;ebi",(!, WiLlow ,o~ widow.~" Hie ra)"ily. ~.
peri~ion .l,lll(become payable to .ifie WicidW"l1::·Witlower;.tililing w1)1"" to. tli. elJgibl e .child,' .. , .' '. ..' .' . ,.' .... :. _ .... . . ..
. ;.
(e) [anlily plmsjQu to the cliildren :mal! qe pahti1e in t]1~ ord~rof t1iefr birth 011(1 fue yOUnger olthese shal! Il0l be. eligible fodai.l)iry perisio') )roless:!he elder next ab oYe .him or her has become ineligible for th€ ·graIi.~'Df famiiy pbB..tii~~n: . ." .
. '. Provided !hat whele ill. ial,rlly P"~iori j~ b~;aisl"~~ 6",iQ cliildren;'·itshili bepaidiIJ··- '. in the manner set 0ut il1clOtlSe(f)oj;th"'8ub,ie&41a,jdtt (I k:.. . ..,.;. ., . .. ' .
. (f) where tlIe Jan;iIy. pension is payable 10 twin "hildren it shall Be paid to such child,en in . equal shares: . ' "'"".: ._' ' .. ,._.. .
• .' 4 • J.
ProYi.clec{that wl,ere one such child ce~ses to 'b~,'eligible, his '" her 'share shall reVert to h,e olirer child and where both of tl;~ll! cease to be, eli gible; tI)" :family peLle i on shall· be payable to tlte )ilo'>:l eligible s[ngle ~hiJd or iwin Q!lildreu; as !he case may ~e,: ..
: ,- . -. " ", .'
. ,': "-'.~:,:, ~.' .;:
Ilxplanatlon, ..: The want of famjiy.]J~nsion to disabled children beyond' ~e aile limit lIpeoitied hr tin. regllIaiibn is ~';$j,,;'ito th" Jbllowing; canditions, name lv:.
(i) a .. daug)ltGr ~haIi' beeome ip~lfgil?)e ·Jor· faz:q.i1Y p(:)ps~on.under ..this subriogulation tID'" tho date· .he g~~ marrjed; .'.. .. , . . .
.(ii) fuefamilypensiOIop>\yable to s\\:ch SOn Or datigh1<r:shaJl he sto ppe 4 Whe., ~h'e starts eainjng his· o;r her liv.:!,7lihood·,In ~uchcases it shall be the duty of lI,e guardian 'or sitch son. or di/J>ghter ,to' furnish a '",,,tiifo.te.to tl,<"13 a nkevery fnonUrilia{ ~. " .
. (A) such\mn 9" daugi,ter l:t.••. l!Ot $rted e!rmi!ig Ms. or;he. livelihood;
. . . '. ,. '. . ,.
'. 53 (.Z) Where a deceased employee. or a.pensionerloa"e's behind· mcro ..chiltjien than one,: the.
eldest eJigible .child slraj] be..e!ltHjed to 1;he fan:;jlr. pension for tlie periQ,} mentione& in cIaLises (b). Dr (c) sub~reg,.ilali "ii'·(1); as'.the case ..0:1\.y be, and" after [he e~p iry'.o[ tilal peri 9d the next child shaH become eligible for ti,e gran~ pi'famU'y pen§i<)Ii".". ,.... '. '. , (J) WIIere famlly pensi on is V·anq,dunder this reJulaaon to a m;n~r, .i t shaH be paY~bl e to " 1e guardian 011' behalf of the miDor. . .'
ill> ( 4 ) In case bo th wife aurl bus ban cI ale employees. pi tile, 13anI< Md are' governea by 1be .., prGvisi 0 ns of thIs regal aUOn and one ~f tl,em di~s WIliie in· '~ervic~' ~ a1tenetirement, .the family pen8j on' in r.sp"el of the deceased 'shaH be payab] e' to '!he'sl!rViv!ng Jmsliand· Or Wife ' and in lhe eveIlt of death DUlie surviVing h\lSb",if or' wife,.llie' .•ti.tviv!ng child or dhildt"n shall be gran ted the ·twp family pensl04s in respeC( o[the decea;ed pare,;ts" subj~c·rto' 'iheIjmj ls specifled below, namely::-: '.' , . .. .,.
(a) if iI,e survivh,g child ox child,'en is 'or 'ore eligible: io.'dt"w tWD fulnlly pensions at U'e' .
rates men tioned in sub clau se. (i). of cl~use'(a) and .sub-cleuse' (i) of Cla.llSe(bj of sub.
I'egq IatlOn (3). of regula Ii0';' 38 the artio&hr of 00 th penSions:' siiaUJle'.Jj~\I~,d 10. TOUr th<lusand eight hundt'ect rupees,.per nien';~n'>J':. .. .. . ..... ."'£::'''''~'..: ,
(b) if one of ti,e family pensions ce'l'M to be paya ~le at the rat"; m~ntioned; in, sub~cj ~n~e
(i) of cla"se (a) or sub-olause (i) of clause (b)- o#,su b-re gul atimv(3) of Tegu)ii1i0 t).3 8 and .
in lieu thereof the famjly pension at the ·ra!e mention,<j, ill sub.regulatio n flY 0'> ' ..' .' ..' '. ' ,. .' .' .'. . ' ". .' ....- , '.
". :~~.':"~,,ji,·i/'T;: ._':. .~,. •... T' , ,::'" h .. " '- '.. ",.' .
.' •••• :',~. I . ,i ,'.'
regulatiOi.l·J8 becomes.p·ayiible; ~the"arriou~lto:(b'oL1}'thepensionS.sl1~n also.:be1ifuil:ed .
to four thousand'eight'huricit~d rup~eB p'eflne:qsem; ";: .:.... . <; i.' , . . ..
.(c) jf 'both ~e'J~ilY pellSip'~jit~.·pay.abli :at.ilie r~t~ me~it1~;ed.:in~sub~r~~~railbn. (l} 'of:
. . regql$tlol1' 3tJlle .anionilt; of the: .two, pensi'ohs aha11,be: lirt1jted' to two th(:m,~.aild·faut .
hundred rupees per lnensem .. ' ..
:'.' >i,:' - .: :'. '::. . 0::' :.' .:. ::,.:.:>','. ,•. : .'.: ,-.', .. '.' .,' ..•....... .'. : ,i ' .' . ,r:' ",~,~ . " ..
5.:,. (a), Whei'~f~piloy~pensi0!lJs ,:p.ayr;fble~;tQm~JT~ y!idcrws Jl\~.n..?w~,the {arrdly, p.\'}~sionshall ': ·bepaii:ito)1.iiil.wido.ws in.e.qtialshates; "', , '. i
(b) .o~.:the d~a~i~~~f~wi~~F."ij·ersl1.~Te·of i~~.fR111_nYpension. shall 1)~cqJ:qe payabl'e t9 .her eligibie child: " .:...... . -: .'.. . J: '. ..' •... . . . .; : .' .
1: -.i,. , Pi·bvide2f.~;atjflli~.~ci~\)rrs.nbt SL1~~bred'bY"any~6hild~her'.;l~~re: of the family pel'lsibli-~halr:tibt iaps~ butsJi~ll. b~:p'ayabl~tb .the otlJ,ei' W!dcrWs: lri..eql1aVs~ares;:o'r . irth~reis·~n)~~·one,.slic1{.'6t1ieT.'w!~ow"lnf.:~~(t~h'er.;:"',:r~ .' .' <.::'; .."~'fy~"·;~:r·..:~>. ,~''':-
(0) whei'e' the. de'qeased e:oiploye·i3. or pensioner J8 suryived)>.y ..·a: widolv b(T~'has: left· , behh:id 6ligible' (]~i1d- oi>drildte~ from; a.lJ:dthe~· 'wife,whQ is ~go.(~~;b.rEf,·':~he·el~gible Qhild or chllc;ltetl shalf,'be enl':[tled to the dliar;e ofIalliiiy penSn:in 1¥hith, {he. mother .':
would hltver~:ceived' i{'sh~'haci,b~ell 'aliv:~.::rt.-thG time/coP de~lth ofJhe·:eriip.·loy·e~)':or ..
j:Je!1siorier~ , . . : - ..' '. . .' ." _. <. I "'" " :,.. .' .:, :~'~'I' .'
Pib~ideel tha/~n tll~'shElie"ai'!shEites'('rfail1iiY;1~eaJ~ion ]_Jayable to ~uch. a: (j]Ucl '.
," ' .. or childr~n.ot to a widci:w' .2)].' wid~w~ cef;~.il1g.·t6 be'payable, Sllcli 's1im:~_at shares ~mali notJapse,.q'tlt shal~ be payabf~ to the:(rthet'widbW qr wi Elq'Ws"(?F:'_rq '~Eh~.l",cbn(:l,.
Or chiidreu' otherwise eHgilJie, in ..equ~·i.shares~.or if there i's.,.8n(i.'ope.· 'wid({\~ qJ:.
child, ill'itLll; to' s'uch widow 'ot child;. .. .'. ,.....-'. . ';.-,.,,' .~: .... ;'. J:'.: .. :'. .
':'~...' ---." ..... :, ~·:l··.·· . .~ ..• f ••• ••• •• ~ ••• ·.; ••• ·~:I.::~.I.~.:!.·.·.·.:·....
(cD where' the' :ti:nn~!y:p~n.~ion' ~s.payablGl.: [c, tWJll 0b,ildre:n:~.ih:sl'lClll ~·g:~>iP8i(L;to shell ": chilc1i'eil. in the.i:ri 1?n1!':ler speC:ime~LiD.·clmi.se (;f} ofstlb-regnl'adon (l );. . '.
(e) except as .tJFQvic1cd.1D 'tiH:tsubC:iegui.al'lon -tIle famiiy'pensl'on shall liQi:' b~ payable i~J . :more.than onb:'tii~ni§'~f 6i.t1~efioilly at \l~e sarrte time. ..'., . .' . . . '.'
;;.. ';L';:. .:' :. . . .., . .
(6) Where a fen1al~:~1~lplQy~e.m' male' 6inpJ.oy~e' dies leavihg' behind a-judicially separated husb1;lpd ocwidow .and ho chilci ur bbii'CiYCll, the Jal1.1ily pel~sioil:in respect of the deceas~d sha).} be payable to the pe;rsoIl surviving:. ',:.. ·i.
. .' . .... ".' .... '. . . : .'
i'TIm G_AzE:rrEOFfr1bIA.:: 11.=:X=.TRA=:.===O=RD=··'=' m=:, .:=A:=:R::Y.'=' ==========.:::[P=Al::::,n::::::pJ::::· "=' ::;:S=E:::C.==:4J 54 ", i .j o ,Provided t1wl: \vhdre ill 'a c~s:e th~' judfchtl ,~eparation is· gl'anl:ecl ·on U~e. gJ:6i1lJ.d .of 8c1ultel'y fl-nd th~ d~am 'Gif ·the. e~r..iployee·1:akes: p!.~~e··eluting" the ..period .01...:s,uch J1-1dicial sepawnon, the fmuilY p·el'l~ioP.~h81l not' he :p~r'/iGl,~'to Hie pei'sol1 SiJrYly:iiig':'i{.)11c1;~:p6r~p·ri· surviving was held .gllilly6;f cb.nHr#tl:iri.g;a:~urt¢r1'-·'· _"'.~.:. ".~::~:': _.:
(7) (a) ~hel'€i a' feliia'le" enipl~'Y~.~,bi:: l~ale' em:rr~yee.· die~ lea:~ing:':~ei]ll1d':.a:: jll'~tl°daUy: .
separated husba.nd Q.i·:wiclow with: ~ child or chilch:~l1:jthe. family l;ensiQn pRyabl e in respect of the deCeased shall be payable td 'lIe surviving person 'provided: he. 01' she is the gllar'dian of such child· or children; ., . '. ' : ':
(b) whe~'e tile s~rvivingp'e~son~Ias~ei3-!3ed:.to··b~·j;he..gup:.rdih~l o;f.'luc!i;G.hilc;1 9~::gJ;:iitlti~~·,~:·...;_.
. . SUGh family peJj'sj,Oll,shafJ'he Pil$aJ;rb ['(S' the [JeTSOn.who 'J~:·Ui~·.~otl:1aI ··.g'ErciJciian of.: " such child or chilclren, '. . '. ;..' .. I: ..
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(~) If the san or unma(tie(Ldauglit(!r, e1i~ibi~ for tt;,; grai,!: D' familY periSiol11,£ atllr'",,,d the ag~ .of eighteen.ye~s; .tha t'a,liiily.perisiqil ma){bepaj: . to"such son or UnrtlJiiTied. daughter directly.' . .... ,., . '." '.
• '\J.
,(9) (~) If.i ;exs6; w1m, in the "Vent ot: d;;Jrti, pt~ii,.eymP)Oy~~while in sedvjce; i$,jiiofl>ieti;
receiVe' fall;liIy p""slon lI4dei', ff;i~"+~a'ti911'" i.' ".aiged "'.fIJi. tIle' "j'foijee of murderiJlg tile employee OFfor Jjl''''tii,;k'iii iite'l;Ofl1li iss;on Gnpc!>. oft~i,c!,/tlie .
claim of ~tlch pers<)llYirrcludllrli·!}tllOl'e:\l;ijip)'e nioi,nber, f memn",. oftl,,, il;r¢ly til' receiYe Iho famiiy,· pen.i oh; ,sii!iIr.l·elttaiiI· .'",splODded till· the (!oncJudiQ)i. of the crirru!1'1l proceedjiIgSiI!stil~t~cl i~~iRfih'rWl' . . .. '.' •....
(b) If 0)1the coneiUSiOll ofili" cr;:ho:riiIal,jlfo;,c,dhlg,n.eKeir.Ii to in clau)!e (a),th~;:>er.6h.
.. conceni~i:l- .. .': :.:, ,.. . ',r ',;, : , ' :,' ' . . .' . : . ' ." .
(1) is cOllvicted for the munlei or ~1J~tHhg;iI;t..the.·r:alU:' ey ot th:e eIf,i1jloYee,.sucH' a.
p~r~on sha.ll'be debaT.i'~d<:froni;i,~cbivj~lg· 'the fEiI111 y pension- whit:h sl'i.&l1 he .. ' payable:to 'the cllher.eIi'gible men~berQ(the·J;8rnilj·oom Hie date ofdea~ct1Qfth~, employ~e;' .. ;' .• ' ':,'. .. ;.
. (ll) ill a,quitted of thecJiarge of m~~br oUpetting irr. /10 murder aHhe .;n;pIDyee, . < . i the family pellsjop.'shall be paya!:!!e.fo :iuCh. pe~so ji'om ,the dale of de.!h of ! the employr;e. . ~,.•• '. , .. '. " .'
...... :.
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(0) The jJrovisions of subcC!~uses (a) a~hl(b) shall aj80 ap ly for !he fa)nily peI\sioi, becoirlingpayable on the db~thqfC1n'el111Jloyee aftediis 1: tirement . . .
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( 4 ) The IUlllp sum payable \0 an appli"ant 51,"1);be cal c~latedjli' 'G' ordance Wi.I!, I:heTabie given beloW,>' ,,,.. .., '.. '. ,'. . "'.'" . . .,.... " ... ' ".. :.' ....,'". . ..... , ...
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" . !- " lPAR'rIII-BBc.4] -'. I i :,i; .' C0l11lnutati6n yal~es fo:r':~ pension of Re~lpel- amiilm ~A~g-'-·e-'-:n~·e-'-x'-t~-C~\-)-l-·~-m"-u-t-'-:a-:ti..c..:.~'-.:.n-'-::v-'a'-lu-e-'~exp·-.l-~e-ss-·ed A~~·lle.xt· COlml1l.l'l:atioh·l'ahle e;IJ!~;~s~-d-a-s !
bil"thd~~ as lllnriheJ!ofyear'& }J~T\!b.ase bidb. d~' numpei-;ofyeqr.'s purchase I ;; . I:i~ ...~~ •~i~~ I r .~~ b· IH~, c-;~ I~~-.•.-'.-,'_c__ ::;~ ------- i j '- .. ~'~~-l-·.c.:...·'I· ...-'.'-'-'..~_ ...c_,:~.~..:._,.••~~ .. -:-= _·.I~_·~~-.'-.=-. -'I.. ~·-c------~----------·~-.-i~...:.,_>-~~----_~_I !
'--'-'-~-;-'-b it!; .-.---~~-:-·-=-.-I ~a ,I ;g~~ I !--_.;.-.2_6,---~,_~. ~.-,-1,-:9_.3_4_. -_. ,_-'---'_6_1-'-~~~_-_·-_·-._· __ ~0-:9- ...:...8·~1-=-_=_==·.=~~==__ 1 . 27 18.21.. 62 09.48 '. :415 18;07. 63 09.1'-5 -.. --- .29'. ...17.9J·F 64' 08.82 30 . 17)8' ':.: 65 08.50'--'-,----'-'---f--'.--~-~_.:_.:.._~ __ ._jL ~ I---'- __ '-C-' ._ 3'1' '17.62 66 08.17I~---'-------I--._·~· ----~.:__---,:-:L---r- I_-.-.-_,~ .__ 32' : ., '17:46 67 07.85 I---'-'----I~-------~--.:.., ';_"--I--_--I--. . -'-- _ 3)..· ... 17j9' ..68 07,53 .--.--,.
34 !-·~--~-..,-1-7-.1·-1.-·'-"---' :~'.----'---69~--'-·-------- 07.22 -------·---1 ·~-J-'-5~-'!~------1-6.~9-2----··-----.--7-0-·--!--------. --------06-.9J~------'------1 ·---'---'---.I--..:.:....,_---'-~'-~----------- ..-I-'-~--,-.:-'----I---- 36 . '~'- 16.'12 71 06.6.0.
37 1652' ." --1---'---'-. 7-2-' -. - -- .. --'·--~0-6.-.J-0-----··..-..'-'-- ----=---+--'---------''0---------.-,. "_ .. .__ 38 ~_~ __ 1__6~;3_~}_, ..._ '.73 .. . 06_01 ..__,_ .._~.__ 39 __;_. .-'--~1_·.6_:_-D~ . . 7~1 05.72 . _..._._._ 1=-'-·-~LII··.gl----= ~".> __L_)._8_7_~_:_ I-·· 7_5_._..:__ ~_. ~__.:.,.~__ 6~_.4tJ_. .:_ .. .:
____ ---' __ 1_5....:.' ._6L~~.._· ~_ .. _,_I . 7.6' . ". . . ':05'.17 , .
. 11·..·5~.··L11·,·...50.•' II 7 7 7 8 . .--~ 04.90· .. '04: 66''-~---''--::~--,~-- 1--- .,44, .f ;_~ .....,....__--,--,_lL_L-,-9_0___ I' 79 04;<10 .
45 ',. 14.64 80. . 04'.17. ------------ •. -- 46 ILL37··· 81 . 03:94 47 14.10 48 f3.82 -------I----------'----~---·--I--~---I----------'-------_, ..-- _ 49 13.54,---,.:_-·-~I-~------__;'-'------- .1 ~}-) ~·~-,'--'-'-.------;i-'-;-·~~-;'-----.-._~-'-~_-~--,------,~_-_- _ . "".- .... '.
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43 82 03.72 83 03.52 84 03 ..32 85 . '.03:13 Notes:
(1) The table above indioates the commut~,d veJue of'pension ex}jressed as t1IHUber of years' purchase with reference to the age )f. the pe11sioner as· millis next birthday. The commuted value in the case of an ehlployef:' .':etiring at the age (}[fifty eight years is 10.415 years' ]Jll~'Chase and,there1oJc, if he ,c~IDmut~:'3rupee one.hlli1drec1 :(i0111 his pensl.rm wil:hin .
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~~e year of ;:etb-emeir!;·the Ilmt.liBum arnouht payab)o to him Worlg!Otr(to R~'lOOx 10.46 :'. X 12= Rs. 12;552. . . . . . . . .
(tlAn e":'ployee ;;'ho had com.umted the .~ssibI~ poitibn ofpens!oni;; ~ntilled!o have the c°trUnuted portion of the iiensionrestRt¢ a'f!'erthe expiry ora: period pf fifteen year, • • • • '. I '. I. • •:ii-olil thtll date of c"Oll1.Ult~tation: :~;'i ';
,(lPAn appll.i;~t. who i" al~oris~d a ~iJ]JeraJJnu~ti?npenaion, ~Q.Juntru'Xi,We.qlen tpen,ion. premature retirement pemiion. na¢puls~o/' teiliemmt. pePBipn. inv,uid p e ilaJo)1 Or . compassionate aIIowauce .shall b&·cl)gibleU~ botn."nrit~.a,frilcti6n of his p"1] 8io llUlld~r ~~ ::~:::::::enSiQner,Jjgible iQ£'·slfJ~u~tio~p.erts;6n or pension onVo1unta,y . ~rement Ol' preIDature re;timmeni'pen,i6n.;'ii6 rnerliCa.!'!>X"lll,inationshall b~11O ce ssary.if ' the application for 'cOmmutation is made WitiPn,one year froM, the date pf'r~we,mellt, However. ifsuC'h a pellsi Oller'applles for CG1iold,,\alionOf popsion after one,year .Aom the date of his retfj:atuent. the srune will be penni!'tedsubjectt6. meQical examirJatiolL " •
Explanation. - An applicant who ," " ,
(1) . retires Ollinvalid pensior' llnd~r regulatio1129 bfthe~~Regu!aljons; OJ
(ii) 'is iwreceljJi of comjl.a3,'iD~ate,JJowar\co undetregirJation 30 ,oftfte,e' regulations;. . . .
. or .
57 ,.
(i1i) is complIlsmy raljred by the .Bauk and, lS o.ligible for compulsory retirement perislon uIl.cler~·~.iglillatiOJl 32;
shall be eligIble to' "oramute "[hiGtiQrj of hls penfolo" .ubjeot. to thn ItQojf specified in sub'regulation (1) afler he liM been declated :fit by a me~jcal officer 'appro'nicl1w the Danlc. . '. . . . . ~.
( 5 ) The cOmmutaliOJl of ]JeJlslo,"~hall become'absolute ~.q'a qaae of an employee " . . . :', ... . ',. .'
(aJ ret(ring OJ1superaiwuatiOll or YOiuntarj'lr"ij'rement,wfto submits an application fbr comuMatiol'J of jleusiOllbefure tll" Mt); of retiremti;lt. 011,the date fQllowjng the c1.teof retirelllen:t, '<. , " , , ' .
. ,Proyjd~d that th•. outplayee govel:.led ,by ~ub"reikm.tion (3) 6f reg'\]ation 28 .
shall no t apply fb,: commir(atiorr' of, a p';;r! of IUs_'p~n$10n:beru!e 1he 'expi'1 of the nqti". of three lll<lUfusand tho oomml'tatioll. of .I'ewnon shall become absolu.t e only on tile expIry of tho P~dod of notice reK4iTi:d'to iU'sub~r"gu!ati6j; (1) ofregulatiOll 28' . .. . '. . '", )
(b) 1eti;'iJ:1g,Oll~1Jpe1almuatjollor Onvplimta;'~ relirerit e;'t'O],Onprem~lure retiremell~ 'if . he applies',[or cOlllnlUlaiibllof pellsio;, ,after the, date of reareuwnt. 'oitt before Ille ' completion 'of one year ii'om,the, Qatel,p£.~~jiratuent,Dl'l-ihe,date,the ~ppHc"tion for, commutation- i.s receiVed by t.he COl~lp.e;tcgi.re.authotity;: .. '. .
. . . , ". ~,-.' . . '., "
(c) retlHng on super_li.!! on'or :';;;'Vc!ll1rit.ryJ.etirim6!fl"or .on'proma~>rN.liiemel1t. if ' . '..~~il;~~:i::.~i~~::~~~:J~:k~~~~~O~i!:;;\~=~~tl';,:~~~':;~;~~Wl;\j;~',' Bank; " " ."''!'" >"Jli.ic,' :. ~ij,;. •." ,', , .,,,', /10.19' G\1. ·)~o;;J;"lf..'.'. ,,;,~,:::,';::'~:"..' _. . , "...
'i' ;>,", J'IV, . ' . . 58 -TEE GAz.E;rIE OFlNDizi: mpRAoro::l]:NARY I.PJ\RTm...:..,s~1 M~~~~~~~====~S===~~======~~~~~~~._ I • • o_ ··_ •••.;r:¥.!::.·· ..• --., . :_...•.;---:.--.- _.. ; - .. '. . . n '. . :.. .- . Cd) who has retired In10r to th,a notifiec date·a.nq. who opt$, to be.-goverlled.by tlwse . regulations, .ou·the notified date and. where the applioaticlll fmt .copuniltatioh is made 'wiiliin the penQd specified 'iJY clal1Be· (b) of the sub-regulaCion (1) .of regulatiCJ113', COl~1lJ11.itaHori shal.1.become .absohrte.on the date: or me.dlcal c6rlifkate glven by the wedical bffide{ ~ppiove{by the_B:~ ,.,: . . .' .
(e) in respect; .~f whc>l:r1, invalid pe:bs.i~n -Grider. rtgtiiatioh 29 or' compBssi6mIte allowance TIndel! regulation.30· or oqmplllsbry .rethemet;rt lUl.de:r regulation 32" is . adniissible. ,dommutatiori shall b-ed;me -absolUte -all the ".date .of. -the medical certificate !tfven by. ~ medrc~l 6fl:kefappt~ved· ..by"t11eBank. .
C:i!.tAPTER IX GENER',AL: CONDITIONS "; " :. :t.;.',;. _,. "
41. Pension. slibject·to::J\itl1te·'gbod· couo\ld, - Future g0.od·conq.11cl ..s.bElllbe a}l implied cC)1idition of every grBn~of pension. and its GODtinualjceunder th~se reglli~tions.
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