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Union of India - Section

Section 32 in United Bank of India (Employees') Pension Regulations, 1995

32. Premature Retirement Pension.

- Premature Retirement Pension may be granted to an employee who, -
(a)has rendered minimum ten years of service; and
(b)Retires from service on account of orders of the Bank to retire prematurely in the public interest or for any other reason specified in Service Regulations or Settlement, if otherwise he was entitled to such pension on superannuation on that date.