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Union of India - Section

Section 86 in The Khadi And Village Industries Commission Employees (Pension) Regulations, 1984

86. Calculation of commuted value of pension.

- The lumpsum payable to an applicant shall be calculated in accordance with the Table of the value fixed from time to time and applicable to the applicant on the date on which the commutation become absolute.Explanation : "Table" referred to in this regulation and hereinafter means table of commutation values for pension appended to these regulations.