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State of Punjab - Section

Section 21 in Punjab School Education Board (Employees' Pension, Provident Fund and Gratuity) Regulations, 1991

21. Old age special Allowance.

- Pensioners and Family pensioners who complete 70 years and 80 years of age shall be granted special allowance at the following rates:-
(i) On completion of 70 years age. 5% of basic pension.
(ii) On completion of 80 years age. 10% of basic pension inclusive of (i) above.
Note :- Dearness relief shall not be payable on the allowance.