An employee shall be entitled to commute foralumpsumpaymentanyportionconsistinginwholerupeenotexceeding one-third of any kind of pension which has been or may be granted to him under this Scheme subject to the condition that the sum commuted residue of the pension shall not be less than rupees 240 per month:
PLTNJAB GOVT GAZ. (EXTRA), AUGUST 2,2012 (SRVN ll,l934 SAKA) prouiaeO tttit in calculating the amount ofthe uncommuted residue, there may be added to it, the uncommuted portion of any other permanent pension or pension payable to the applicant from the revenues of the Punjab Government, any other State Government or Government of India:
Provided further that an employee or pensioner, against whom anyjudicial or disciplinary proceedings have been instituted, shall not be permitted to commute any part of his pension during the pendency of such proceedings.
CHAPTER-VI
21. Adjustment and Recovery of Dues.{l) The managing committee or District Education Officer shall take steps to assess the dues outstanding against the employee two years before the date on which he is due to retire on superannuation.
(2\ The assessment of the outstanding dues against the employees shall be completed by the managing committee and the District Education Officer eight months prior to the date of his retirement.
(3) The dues as assessed includingthose dues which come to the notice subsequently and which remain outstanding till the date of retirement of the employee shall be adjusted against the amount of death-cum-retirement gratuity becoming payable to the employee on his retirement.
(4) When an employee retires from service, an Office Order shall be issued to that effect by the managing committee and copies thereof shall be endorsed to the Director of Public Instructions (Schools) (herein after refened to as the "Director") and District Education Officer concemed-