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[Cites 0, Cited by 0] [Section 306] [Entire Act]

State of Himachal Pradesh - Subsection

Section 306(7) in The Himachal Pradesh Municipal Corporation Act, 1994

(7)Notwithstanding anything to the contrary contained in this Act, the persons, who were in the regular service of any municipality as on 1st April, 1992 and had retired before the 30th day of May, 1994 ; provided they opt for service and family pensions under this section, and refund to the Director, within such period as may be specified, the employer's contribution to the Provident Fund including interest received by them from the employer together with simple interest at the rate of six percent per annum from the date of its withdrawal till the date of repayment, will also be eligible for service and family pension under this Act.