Section 35 in Punjab School Education Board (Employees' Pension, Provident Fund and Gratuity) Regulations, 1991
35. Payment of pension.
- The competent authority to whom such power is delegated shall issue sanction for payment of pension to the State Bank of India, or Punjab National Bank or Punjab & Sind Bank or any other Nationalised bank authorised for the purpose, for making payment to the pensioners every month regularly till a revised order/instructions are issued by the competent authority.
