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Section 7: .. CO~~lP08iti0l1,of the FllAcI.

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

11:te'FUnd ~~aHGCJP.$ist 6fthefo119wing n~ely-" fa) tlj~ co;t;-ibilti~nby th.·Bank at therdteoft~~per a~Iltjerwonth afthe.pay of ih~.. . ". .' "'!'. . .'. 'employee;' ,:":, . .

:.' L+ . :~.

' '(b) 'tlie acpUffiulated eontri~ntion$ bf.;"the{: B~ ito " the" Rese,rve BahlC of India :, " , ErI11;loyee~jl P {Elviclertt :PUnd arid jrlt~)!est acqruedth~l'eon up to the date ,of such • ' . .1'.1;., '. ". . • c' ...

. ,(:{ 2fftsf«t;t: il~ tesl)ec::t 9f :tIle eIl1ploYfl~s,in91udi1lg, tht}_ arn~)Unt of prov~derit f}lnd and '. "'interest thereon (elIlployei:' S contribution) receiyed froul- the previOus employer-and . interest ther~onj~ d~posited with' tl~~inlst by (the employee,. hi, case ~e lias joined fhe bapk's servi~e Hoin' the Res,erv~"I?anlc6fJbdia or any. other public'sect.or bank ()rlnstltuti01j' 'J'. -. ' . ~

(c)" the arr10unt conslstirlg of the ,contriblltlqn~ of the Bank along with iiyterest refunded by the employees who hadretitecl befoi-e the 'notified da:te but who opt for pe*ion in' accotda~lC?e with the. proVi~iops cont:ail1eC! in Viese reglllatiol1s; "

(d) the investrilent in annuities 01' secur,ii:ies IJiIrchased out. or the m611eys of the Fund' and interest 'thel;~,Qli;

•..>., .•

(e) amollnt of Em), capital gains ariSing li~~11,sale of the caj)ltal' assetp of the }'uncI;

(0 the additional au';'luaI contdbtrti(;m, Glade by 'the Bank iiI, 'accordance with the previsions eOlltalned hi regulation: 11'Qfthese reglllatl.ons;·- '. . . : .

(g) any income ti-OHt investl11(3nts of th.e 3m011flES credit~d to the Fund;

(h) th~ amollnt consisting of c'6ntrib~IUorl of the Bank along with in1'e:res{ re::funded by the :fi:lrnily of Uie cJeoeasel1 einpl~yee., j'!f " '

Where this provision sits

ActNational Housing Bank (Employees’) Pension Regulations, 2003
Section7
Marginal note.. CO~~lP08iti0l1,of the FllAcI.
JurisdictionCentral
StatusIn force as published by the source

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