Section 41(5)(d) in The Life Insurance Corporation of India (Employees) Pension Rules, 1995
(d)who has retired prior to the 1st day of November, 1993 and who opts to be governed by these rules, on the 1st day of November, 1993, where the application for commutation is made within the period specified by clause (b) of the sub-rule (1) of rule 3;