Section 9 in The Punjab State Agricultural Marketing Board and Market Committees Employees Pension, Provident Fund and Gratuity Rules, 1987
9. Payment of Pension.
(a)On the basis of Pension Payment Order issued by the competent authority, the Secretary, Board or the Market Committee as the case may be, shall also issue a copy of pension payment order to the State Bank of Patiala or State Bank of India or any other nationalised bank as the case may be authorising the Bank to make payment of pension to the pensioner employee every month regularly till a revised order/instruction is issued by the competent authority.(b)While making payment of pension, the pension payment authority shall be guided by the Rules 4.92 to 4.106 contained in Subsidiary Treasury Rules issued under the Punjab Treasury Rules, which shall apply mutatis mutandis to the pensioners of the Board and the Market Committees.
