This notification, issued by the State Bank of India (SBI) on December 3rd, 2020, announces amendments to the State Bank of India Employees Pension Fund Regulations, 2014. The amendment, titled the "State Bank of India Employees Pension Fund Amendment Regulations, 2020," comes into effect upon publication in the Official Gazette.
The key change modifies regulation 17 of the 2014 Regulations, allowing for digital life certificates through video-based identification to be accepted, in addition to existing methods of attestation by a Magistrate or Banker.
This amendment is enacted under the authority granted by clause (o) of subsection (2) of section 50 of the State Bank of India Act, 1955, following consultation with the Reserve Bank and with the previous sanction of the Central Government.
The notification was issued by Rajesh Kumar Mishra, Chief General Manager HR, and bears the reference number F. No.HRPPGSKN202021206. The principal regulations were initially published on September 18, 2014, under notification number F. No. CDOPM16 SPL 1136, dated September 15, 2014, and were subsequently amended on October 4, 2017, and June 1, 2019, under notification numbers BODGOVVK470 and HRPPGPA1920122, respectively.
Key Entities Referenced
State Bank of India: A major public sector bank in India, and the subject of this notification.
State Bank of India Act, 1955: The Act of the Parliament of India that governs the State Bank of India.
Reserve Bank: Likely refers to the Reserve Bank of India (RBI), the central bank of India, consulted in the amendment process.
Central Government: The national government of India, which provides sanction for the regulations.
State Bank of India Employees Pension Fund Regulations, 2014: The pension fund regulations being amended by this notification.
State Bank of India Employees Pension Fund Amendment Regulations, 2020: The title of the new regulations introduced by this notification.
Mumbai, Maharashtra: The city in Maharashtra where the State Bank of India's notification was issued.
Rajesh Kumar Mishra: Chief General Manager HR, signatory of the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-एम.एच.-अ.-11122020-223651
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 538] नई दिल्ली, ब धर्ार, दिसम्ब र 9, 2020/ अग्रहायण 18, 1942
No. 538] NEW DELHI, WEDNESDAY, DECEMBER 9, 2020/AGRAHAYANA 18, 1942
भारतीय स्ट्टेट बकैं
अजधसचू ना
म ंबई, 3 दिसम् बर, 2020
फा. स.ं एचआर/पीपीिी/एसकेएन/2020-21/206.- भारतीय स्ट्टेट बैंक अजधजनयम 1955 (1955 के 23) की उप
धारा 50 के खंड (ण) द्वारा प्रित्त िजतियय का प्रयगग करते ुए, भारतीय ररज़र्व बैंक के परामिव और केंद्र सरकार की पूर् व
संस्ट्र्ीकृजत से केंद्रीय बगडव द्वारा भारतीय स्ट्टेट बैंक पेंिन जनजध जर्जनयम, 2014 में जनम्नजलजखत संिगधन दकया गया यथा: -
1. संजिप्त नाम और ि रुआत___ (1) इन जर्जनयम कग भारतीय स्ट्टेट बैंक कमवचारी पिें न जनजध (संिगधन) जर्जनयम,
2020 कहा िाएगा।
(2) य ेसरकारी रािपत्र में इस अजधसूचना के प्रकािन की तारीख से लाग ूह गे।
2. भारतीय स्ट्टेट बैंक, कमवचारी पेंिन जनजध जर्जनयम, 2014 के जर्जनयम 17 में “मजिस्ट्रेट अथर्ा बैंकर द्वारा
सत्याजपत” िब्ि के बाि जनम्नजलजखत िब्ि िगड़ दिए िाएंग,े यथा:-
"अथर्ा र्ीजडयग आधाररत पहचान के माध्यम से जडजिटल िीर्न प्रमाण पत्र द्वारा."
रािेि क मार जमश्रा, म ख्य महाप्रबंधक (मानर् संिाधन)
6026 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
नगट: प्रम ख जर्जनयम भारत के रािपत्र, असाधारण, भाग-3, धारा 4, दिनांक 18 जसतंबर, 2014 कग दिनाकं 15 जसतंबर,
2014 अजधसूचना सं. एफ न. सीडीओ/पीएम/16/एसपीएल/1136 द्वारा प्रकाजित दकए गए थ े और बाि म ें दिनांक
4 अक्टूबर, 2017 की अजधसूचना संख्या बीओडी एडं िीओ/र्ीर्ीके/470, और दिनांक 1 िून 2019 की अजधसूचना संख्या
एचआर/पीपीिी/पीए/19-20/122, द्वारा इनम ेंसंिगधन दकया गया था।
STATE BANK OF INDIA
NOTIFICATION
Mumbai, the 3rd December, 2020
F. No.HR/PPG/SKN/2020-21/206.—In exercise of the powers conferred by clause (o) of sub-section (2) of
section 50 of the State Bank of India Act, 1955 (23 of 1955), the Central Board after consultation with the Reserve
Bank and with the previous sanction of the Central Government, hereby makes the following regulations further to
amend the State Bank of India Employees’ Pension Fund Regulations, 2014, namely:—
1. Short title and commencement.—(1) These regulations may be called the State Bank of India Employees’ Pension
Fund (Amendment) Regulations, 2020.
(2) They shall come into force with effect from the date of publication of this notification in the in the Official
Gazette.
2. In the State Bank of India Employees’ Pension Fund Regulations, 2014, in regulation 17, after the words “attested
by a Magistrate or Banker”, the following words shall be inserted, namely:—
“or by a digital life certificate through video-based identification.” .
RAJESH KUMAR MISHRA, Chief General Manager (HR)
Note: The principal regulations were published in the Gazette of India, Extraordinary, Part III, Section 4, dated the
18th September, 2014 vide notification number F. No. CDO/PM/16/ SPL/ 1136, dated the 15th September, 2014 and
were subsequently amended by notification numbers BOD&GO/VVK/470, dated the 4th October, 2017 and
notification number HR/PPG/PA/19-20/122, dated the 1st June, 2019.
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and Published by the Controller of Publications, Delhi-110054.