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Section 12: Termination of Membership

The UP Basic School Teachers (Saving Cum Insurance) Rules, 1976State Rules of Uttar Pradesh · 1972

(i) The membership of the Scheme in respect of a Member shall terminate upon the happening of any of the following events :-

(a) Termination of the Scheme by the State Government;

(b) Member ceasing to be in the service of the employer;

(c) Member reaching the normal retirement date.

Upon termination of membership, the assurance on the life of Member shall cease forthwith and no benefit shall be available thereunder. The assurance does not carry any paid up or surrender value.

(ii) Upon the termination of membership, the Member's contribution to the Scheme shall cease and the benefit in respect of him under the deposit Administration Plan shall become payable in terms of Rule 13.

Where this provision sits

ActThe UP Basic School Teachers (Saving Cum Insurance) Rules, 1976
Section12
Marginal noteTermination of Membership
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

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