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Union of India - Section

Section 11 in Dakshin Bihar Gramin Bank (Officers and Employees) Service Regulations, 2010

11. Superannuation and Retirement.

(1)An officer or employee shall retire on completion of 60 years of age:Provided that the Chairman may, on recommendation by the Special Review Committee constituted under sub-regulation (3), retire an officer or employee at any time after completion of the 55 years of age or after the completion of 30 years of the total service in the Bank, whichever is earlier:Provided further that no officer or employee shall be retired under this sub-regulation unless notice in writing has been served on him at least three months in case of an officer and one month in case of an employee in advance or an amount equivalent to three months pay in case of an officer and one month pay in case of an employee shall be given to such officer or employee in lieu thereof:Provided also that if an officer or employee aggrieved by an order passed by the Chairman, he may within one month from the date of passing of such order, give in writing a representation to the Board against the decision of the Chairman and on receipt of such representation the Board shall take a decision within a period of three months,
(2)Where the Board decides that the order passed by the Chairman is not justified, the concerned officer or employee shall be reinstated as if the Chairman had not passed the order.
(3)The Chairman shall constitute a Special Review Committee consisting of not less than three members of the Board to review whether an officer or employee should be retired in accordance with the sub-regulation (1).
(4)The Special Review Committee shall, from time to time, review the case of each of the officer or employee and make recommendation to the Chairman.Explanation: - For the purposes of this regulation, the officer or employee, -
(i)whose date of birth is first day of month retire on superannuation on the last day of the previous month on which he completes the age of superannuation;
(ii)who attains the age of superannuation on a day other than the first day during a calendar month, shall retire on the last day of that month.
Chapter - III Record of Service, Seniority, Promotion and Reversion