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[Cites 0, Cited by 0] [Section 41] [Entire Act]

Union of India - Subsection

Section 41(8) in United Bank of India (Employees') Pension Regulations, 1995

(8)An applicant who -
(i)retires on invalid pension under regulation 30 of these regulations; or
(ii)is in receipt of compassionate allowance under regulation 31 of these regulations; or
(iii)is compulsorily retired by the bank and is eligible for compulsory retirement pension under regulation 33,
shall be eligible to commute a fraction of his pension subject to the limit specified in sub-regulation (1) after he has been declared fit by a medical officer approved by the Bank.