An employee compulsorily retired from service as penalty may be granted by the competent authority pension or gratuity or both at a rate not less than two-thirds and not more than full compensation pension or gratuity or both admissible to him` on the date of his compulsory retirement. The amount of pension sanctioned shall, however, not be less than one thousand two hundred seventy five only per month.
Section 20: Compulsory Retirement Pension
Oil Industry Development Board Employees’ (Pension) Rules, 1990.Central Rules · 1974
Where this provision sits
| Act | Oil Industry Development Board Employees’ (Pension) Rules, 1990. |
|---|---|
| Section | 20 |
| Marginal note | Compulsory Retirement Pension |
| Jurisdiction | Central |
| Status | In force as published by the source |
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