Section 54 in RSWC Employees Pension Regulations, 1990
54. Administration of Fund.
- The RSWC Pension fund shall be administered Jointly by the Managing Director and the Senior Accounts Officer of the Corporation from the date of application of these regulations keeping in view the instructions issued by the Corporation from time to time.The Pension fund sufficient to meet monthly disbursement shall be in an account opened in any scheduled bank or its subsidiary.The cheques will be signed by the officers as authorised from time to time by the Board of Directors of the Corporation.
