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[Cites 0, Cited by 0] [Section 32] [Entire Act]

Union of India - Subsection

Section 32(5) in Reserve Bank of India Pension Regulations, 1990

(5)The ordinary rate of family pension will be as under:
Pay Range Rate of family pension per mensem
Upto Rs.2870/- 30% of pay, subject to a minimum of Rs.720/ p.m
Rs.2871/- to Rs.5740/- 20% of pay subject to a minimum of Rs.860/- p.m.
Above Rs.5740/- 15% of pay , subject to a minimum ofRs.1150/-p.m. and maximum of Rs.2400/- p.m.
Explanation. - In the case of a part-time employee, the minimum and maximum amounts of family pension shall be in proportion to the rate of wages applicable.