Section 7 in The Mumbai Port Trust (Pension Fund) Regulations, 2004
7. Ceiling of the Fund.
- The maximum amount that may be accumulated in the Fund will be decided by the Trustees of Pension Fund Trust from time to time on the basis of actuarial valuation of liabilities towards payment of (i) pension, (ii) gratuity, (iii) death-cum-retirement gratuity, (iv) family pension, (v) ex-gratia pension, etc.
