Pension Rules. Likewise, superannuation
pension is defined in the Pension Rules and Rule 35
of the Pension Rules declares that superannuation
pension shall be granted ... categories of pension
qualify:
(1) Invalid pension under Rule 38 of the Pension
Rules.
(2) Pension granted under Rule 40 of the Pension
Rules
1405/2018
Pension) Rules, 1981, in the case of a Government Servant retires on
superannuation of pension, the Commutation of pension shall become absolute ... commuted value of pension which
was paid to him on the basis of provisional pension became excess payment of
pension and the respondent has recovered
pensioner is entitled to restoration of full
pension after 15 years from the date of reduction of pension on account of
commutation. If commutation amount ... years.
Notwithstanding the aforesaid reduction in the commutation factor, the
period for restoration of commuted pension has been retained and continues
to be 15 years
Commutation.
(1) An employee shall be entitled to commute for a lump sum payment of a fraction not exceeding one-third of his pension: Provided ... third of the pension admissible to the employee. (2) An employee shall indicate the fraction of pension, which he desires to commute, and may either
Commutation.
- An employee shall be entitled to commute for a lump sum payment of a fraction not exceeding one-third of his pension: Provided that ... third of the pension admissible to the employee. An employee shall indicate the fraction of pension, which he desires to commute, and may either indicate
Prathama U.P. Gramin Bank (Employees') Pension Regulations, 2018
45. Commutation of pension during departmental or judicial proceedings.
- An employee against whom departmental ... date of his retirement shall not be eligible to commute a fraction of his provisional pension under these regulations during the pendency of such proceedings
Section 45 in Aryavart Bank (Employees') Pension Regulations, 2018
45. Commutation of pension during departmental or judicial proceedings.
- An employee against whom departmental ... date of his retirement shall not be eligible to commute a fraction of his provisional pension under these regulations during the pendency of such proceedings
case if the application for commutation was made after one year
of retirement the commutation of pension upto the maximum limit
of one third ... pensioner eligible for
superannuation pension or pension on voluntary
retirement or premature retirement pension, no medical
examination shall be necessary, if the application for
commutation
received the entire pension amount as commuted value of pension.
Since 100% pension was commuted, the appellants did not get any
monthly pension thereafter ... eyes can be permitted restoration of
pension and grant of monthly pension at this stage under the
Pension Rules?
15. The gist of the arguments
also the pensioners are not entitled to claim full
pension throughout their life time, they cannot seek full pension under the
Employees Pension Scheme ... provide full pension to the pensioners in all
circumstances and only on certain conditions, pension can be deducted.
The scheme of commutation is to provide
