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Section 23: Period of deputation to foreign service

Union Bank of India Employees Pension Regulation, 1995 (with Amendments upto 2017)Central Regulations · 1970

An employee deputed on foreign service to the United Nations or any other foreign body or organization may at his option,-

(a) pay pension contribution in respect of his foreign service and count such service as qualifying service under these Regulations; or

(b) avail of the retirement benefits admissible under the rules of the foreign employer and not count such service as qualifying service under these Regulations:

Provident that where an employee opts for clause (b), retirement benefits shall be payable to him in India in rupees from such date and in such manner as the Bank may, by order specify.

Where this provision sits

ActUnion Bank of India Employees Pension Regulation, 1995 (with Amendments upto 2017)
Section23
Marginal notePeriod of deputation to foreign service
JurisdictionCentral
StatusIn force as published by the source

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