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Section 52: Date from which pension becomes payable

UCO Bank (Employees’) Pension Regulation, 1995Central Regulations · 1970

(1) Except in the case of an employee to whom the provisions of regulation 34 or regulation 46 apply, a pension other than family pension shall become payable from the date following the date on which an employee retires.

(2) Family pension shall become payable from the date following the date of death of the employee or the pensioner.

(3) Pension including family pension shall be payable for the day on which its recipient dies.

(4) “Provided pension/family pension to those who opted to join the Bank Employees’ Pension Scheme on or after 27.4.2010 shall be payable w.e.f. 27.11.2009.”

Where this provision sits

ActUCO Bank (Employees’) Pension Regulation, 1995
Section52
Marginal noteDate from which pension becomes payable
JurisdictionCentral
StatusIn force as published by the source

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