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[Cites 0, Cited by 0] [Section 13] [Entire Act]

State of Punjab - Subsection

Section 13(1) in Punjab Privately Managed Recognised Aided Schools Retirement Benefits Scheme, 1992

(1)the rates of family pension during the first seven years or till the employee would have attained the age of sixty-five years, had he survived, whichever is less, shall be as follows :-
Range of Pay Rate of family pension per month
(i) Upto Rs. 1,500 Sixty per cent of pay subject to a minimum of Rs. 750;
(ii) Exceeding Rs. 1,500 but not exceeding Rs. 3,000; Forty per cent of pay subject to a minimum of Rs. 900; and
(iii) Exceeding Rs. 3,000; Thirty per cent of pay subject to a minimum of Rs. 1,200 andmaximum of Rs. 2,500;