having
‘retired’ before the commencement of the Pension Rules and drawing of
pension under the Staff Regulations is satisfied. Rule 2(s) reads as under ... service are not entitled to pension, that
the pension scheme constituted a separate fund to be regulated on self-
financing principles, that prior
those
employees who have already opted for pension.
(ii) Pension as per the IFCI Pension Regulations to
employees (in case they are not pension optees ... pension, for the private respondents, was the date of their
termination of relationship, and the calculation of pension under the
Pension Regulations also proceeds
pension as competent authority to
sanction pension and payment of pension is
different under the Bank of India
(Employees') Pension Regulations, 1995.
Even dealing ... penalty, would be
given a blanket 100% pension then Regulation 33 of Pension
Regulations, 1995 would become redundant. He further submits
that under the said
Regulations and opt for these Regulations.
14.The applicability of Regulations to the employees who
were working immediately before the date of issue of
Regulations ... retirement and the employee is still entitled
to benefit of pension under Pension Regulations
1992."
Further, I am of the view that in order
Kumar, he has contended, has subsequently been given benefit
of pension under 2018 Pension Regulations and, therefore, the
petitioner should also be held ... service of the
officer and consequently shall not qualify for pension under the
Pension Regulations. Sub-Regulation (1) of Regulation 20 can
be usefully quoted
pension include superannuation
pension, pension on voluntary retirement, invalid
pension, compassionate allowance, premature
retirement pension and compulsory retirement pension.
Classes of pension specifically defined ... Rules, as the case
may be, and pension (including commuted
value of pension) as per Pension
Regulations (in case of those who opted
for pension
Section 38 in Prathama U.P. Gramin Bank (Employees') Pension Regulations, 2018
38. Payment of family pension.
(1) The period for which family pension ... employee while in service, is eligible to receive family pension under these regulations, is charged with the offence of murdering the employee or for abetting
Section 38 in Aryavart Bank (Employees') Pension Regulations, 2018
38. Payment of family pension.
(1) The period for which family pension is payable shall ... employee while in service, is eligible to receive family pension under these regulations, is charged with the offence of murdering the employee or for abetting
Section 39 in Prathama U.P. Gramin Bank (Employees') Pension Regulations, 2018
39. Commutation.
- An employee shall be entitled to commute for a lump ... payment of a fraction not exceeding one-third of his pension: Provided that in respect of an employee who was in service before the effective
Section 39 in Aryavart Bank (Employees') Pension Regulations, 2018
39. Commutation.
(1) An employee shall be entitled to commute for a lump sum payment ... fraction not exceeding one-third of his pension: Provided that in respect of an employee who was in service before the effective date but died
