Home India Meghalaya Rural Bank In exercise of the powers conferred by Section 30 read with ...
Date: 04-Nov-2024 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by Section 30 read with sub section (1) of section 17 of the Regional Rural Banks Act, 1976 (21 of 1976) the Board of Directors of Meghalaya Rural Bank

Issued by Meghalaya Rural Bank · Not Applicable

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Executive Summary & Key Takeaways

Description of the Gazette Notification

  • This gazette notification announces the Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024. These regulations amend the Meghalaya Rural Bank (Employees') Pension Regulations, 2018, impacting pension and family pension entitlements for bank employees.
  • The key changes concern the eligibility criteria for pension and family pension, the effective dates of payment, and the requirements for refunding previously received amounts.

Key Changes

  • Amendment of Regulation 2: The effective date for pension calculations is changed from April 1, 2018, to November 1, 1993.
  • Substitution of Regulation 3: This regulation is entirely replaced, outlining new eligibility criteria and refund requirements for employees who served between September 1, 1987, and March 31, 2010. These employees are required to refund previously received pension amounts within 15 days of the notification's publication, without interest penalties. Exceptions are made for those who did not opt for a pension within the stipulated time or those who opted but did not refund the money within the stipulated time.
  • Insertion of a proviso in Regulation 20: This adds a provision stating that there will be no forfeiture of service for employees covered under clause (c) of sub-regulation (1) of regulation 3.
  • Substitution of Regulation 32: This regulation is replaced, specifying that employees who retired between September 1, 1987, and October 31, 1993, are eligible for pension from the effective date. Similarly, the families of deceased employees who served during this period are eligible for family pension.
  • Substitution of Regulation 50: This regulation is replaced to clarify the effective dates for pension and family pension payments. The new regulation details when pensions become payable, considering various scenarios including refunds and adjustments.

Impact Analysis

Impact on Meghalaya Rural Bank Employees

  • The amendment may necessitate administrative actions for the bank to process refunds and adjust payments.

Impact on Meghalaya Rural Bank

  • The bank needs to develop and implement procedures to handle the refund process efficiently and fairly.

Impact on Government

  • The government may need to provide guidance or support to the bank in managing the changes.

Suggested Action Items

  • The government should monitor the implementation of the amendments and provide support as needed.

Key Entities Referenced

Meghalaya Rural Bank: The bank whose employee pension regulations are being amended. Meghalaya Rural Bank (Employees') Pension Regulations, 2018: The principal regulations being amended by this notification. Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024: The new regulations amending the 2018 regulations. Regional Rural Banks Act, 1976: The Act under which the Meghalaya Rural Bank has the power to make these regulations. State Bank of India: The Sponsor Bank consulted during the amendment process. National Bank for Agriculture and Rural Development: Another entity consulted during the amendment process. Employees' Pension Scheme, 1995: The pension scheme referenced in the amendment. Government of India: The entity that gave prior sanction to the amendment.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-एम.एल.-अ.-05112024-258446 xxxGIDHxxx CG-ML-E-05112024-258446 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 893] नई दिल्ली, सोमवार, नवम्ब र 4, 2024/कार्तकि 13, 1946 No. 893] NEW DELHI, MONDAY, NOVEMBER 4, 2024/KARTIKA 13, 1946 अजधसचू ना f'kykax, 16 अक्त ूबर, 2024 / .— ks=h; xzkeh.k cSad vf/kfu;e] 1976 ¼1976 dk 21ok½a dh /kkjk 17 dh mi/kkjk ¼1½ ds lkFk ifBr /kkjk 30 }kjk çnÙk 'kfä;ks a dk ç;kxs djrs gq, es?kky; xzkeh.k cSad dk funs'kd eaMy] çk;kstd cSad Hkkjrh; LVVs cSad vkSj jk"Vªh; —f"k vkSj xzkeh.k fodkl cSad ds lkFk ijke'kZ djus ds ckn vkSj dsaæ ljdkj dh iwoZ eatwjh ds lkFk ,rí~okjk es?kky; xzkeh.k cSad ¼deZpkjh½ ias'ku fofu;e] 2018 esa la'kks/ku djus ds fy, fuEufyf[kr fofu;e cukrk gS] uker% 1- ¼1½ bu fofu;eks a dks e?s kky; xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kk/s ku½ fofu;e] 2024 dgk tk,xk- ¼2½ ;s fu;e jkti= es a muds çdk'ku dh rkjh[k ls ykxw gksxa s- 2- es?kky; xzkeh.k cSad ¼deZpkjh½ ias'ku fofu;e] 2018 ¼blds ckn bls mDr fofu;e dgk tk,xk½ ds] fofu;e 2 ds] mi&fofu;e ¼1½ ds] [kaM ¼ds½ es]a vkadM+]s vda vkSj 'kCn ^^vçSy] 2018 dk igyk fnu^^ ds LFkku ij ^^uoca j 1993 dk igyk fnu^^ vkadM+s] vda vkSj 'kCn çfrLFkkfir fd, tk,xa s- 3- mDr fofu;eks a esa] fofu;e 3 dk s fuEufyf[kr fofu;e ls çfrLFkkfir fd;k tk,xk] uker%] & ^^3- vuqç;kxs & ¼1½ dksbZ Hkh deZpkjh tk s & 7138 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] ¼d½ 1 flracj] 1987 vkSj 31 ekpZ 2010 ds e/; cSad dh lsok esa Fkk vkSj es?kky; xzkeh.k cSad ¼deZpkjh½ ias'ku ¼la'kk/s ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls igys lsokfuo`Ùk ;k c[kkZLr ;k gVk fn;k x;k ;k lsok dh lekfIr dj nh xbZ vkSj vkf/kdkfjd jkti= esa es?kky; xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kk/s ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls iaæg fnuksa ds Hkhrj fjQaM djrk gS ;k fuf/k dk lnL; curk gS vkSj mlds }kjk çkIr laiw.kZ vafre jkf'k ¼deZpkjh is'a ku ;kts uk] 1995 ds rgr Hkfo"; fuf/k es a cSad dk ;kxs nku vkSj jkf'k dh çkfIr dh rkjh[k rd ml ij vftZr C;kt½ dk s fjQaM dj nrs k gS vkSj deZpkjh isa'ku ;kts uk] 1995 ds rgr mlds }kjk çkIr vkof/kd ias'ku] ;fn dkbs Z gks] rk s vkf/kdkfjd jkti= es a es?kky; xzkeh.k cSad ¼deZpkjh½ ias'ku ¼la'kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls igys fdlh Hkh vof/k ds fy, vkjksI;] ;k vukjksI;] fdlh Hkh fLFkfr es]a ,slh jkf'k;ksa dh çkfIr dh rkjh[k ls fjQaM dh rkjh[k rd ,ls h jkf'k;kas ij C;kt dk Hkqxrku djuk vifs{kr ugh a gkxs k- c'krZs fd dksbZ deZpkjh ftlls bl [kMa ds vuqlkj jkf'k okil djuk visf{kr gS] cSad }kjk mldks ns; jkf'k esa ls bu jkf'k;ks a dk s lek;ksftr dju s ds fy, cSad dks çkf/k—r dj ldrk gS- vkSj] c'krsZ fd dksbZ deZpkjh tks mDr fofu;eksa ds rgr ias'ku dk fodYi pquus dk ik= Fkk] ysfdu fu/kkZfjr le; ds Hkhrj mlus ias'ku dk fodYi ugh a pquk ;k pquk fdarq fu/kkZfjr le; ds Hkhrj /ku okil ugha fd;k] rk s ml deZpkjh dks] deZpkjh isa'ku ;kstuk] 1995 ds rgr mlds }kjk çkIr vkof/kd is'a ku] ;fn dksbZ gks] dks okil dju s dh vko';drk ugh a gksxh- ¼[k½ 1 flracj] 1987 vkSj 31 ekpZ 2010 ds e/; cSad dh lsok es a Fkk vkSj vkf/kdkfjd jkti= esa es?kky; xzkeh.k cSad ¼deZpkjh½ isa'ku ¼la'kk/s ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k dks ;k mlds ckn cSad dh lsok es a tkjh jgrk gS] vkSj fuf/k dk ,d lnL; gkrs k gS ;k lnL; curk gS vkSj vkf/kdkfjd jkti= es a es?kky; xzkeh.k cSad ¼deZpkjh½ isa'ku ¼la'kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls iaæg fnukas ds Hkhrj] fofu;e 4 esa xfBr fuf/k es a cSad ds iwj s ;kxs nku dks o ml ij vftZr C;kt ds lkFk varfjr dj tek dj nsrk gS ;k djokrk gS rFkk deZpkjh ias'ku ;kts uk 1995 ds rgr mlds }kjk çkIr vkSj vkf/kdkfjd jkti= es a es?kky; xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kk/s ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls igys fdlh Hkh vof/k ds fy, vkjksfir ias'ku dk Hkkx] ;fn dksbZ gks] dk s okil dj nsrk gS- ¼x½ 1 flracj] 1987 vkSj 31 ekpZ 2010 ds e/; cSad dh lsok esa Fkk vkSj vf/kfu;e dh /kkjk 23 , dh mi&/kkjk ¼3½ ds [kaM ¼ch½ ds rgr ftlu s ,d fodYi dk ç;ksx fd;k Fkk ;k mDr fofu;eksa dh vf/klwpuk ls igys bLrhQk n s fn;k Fkk] nksuksa gh ekeykas es]a 20 lky dh vgZd lsok iwjh dju s ds ckn vkSj mfpr uksfVl nsdj] fuf/k dk lnL; curk gS vkSj vkf/kdkfjd jkti= es a es?kky; xzkeh.k cSad ¼deZpkjh½ ias'ku ¼la'kk/s ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls iaæg fnukas ds Hkhrj] mlds }kjk çkIr lai.w kZ vfare jkf'k ¼deZpkjh ias'ku ;kts uk] 1995 ds rgr o Hkfo"; fuf/k es a cSad dk ;kxs nku vkSj jkf'k dh çkfIr dh rkjh[k rd ml ij vftZr C;kt½ dks fjQaM dj nrs k gS vkSj deZpkjh isa'ku ;kts uk] 1995 ds rgr mlds }kjk çkIr vkof/kd isa'ku] ;fn dksbZ gk]s rk s vkf/kdkfjd jkti= es a es?kky; xzkeh.k cSad ¼deZpkjh½ ias'ku ¼la'kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls igy s fdlh Hkh vof/k ds fy, vkjksI;] ;k vukjksI;] fdlh Hkh fLFkfr esa] ,ls h jkf'k;ksa dh çkfIr dh rkjh[k ls fjQaM dh rkjh[k rd ,slh jkf'k;ksa ij C;kt dk Hkqxrku djuk vifs{kr ugha gkxs k- c'krZs fd ,d deZpkjh] ftlls bl [kMa ds rgr jkf'k okil djuk vifs{kr gS] cSad }kjk mldks n;s jkf'k esa ls bu jkf'k;kas dk s lek;kfstr djus ds fy, cSad dk s çkf/k—r dj ldrk gS- ¼2½ mi&fofu;e ¼1½ ds [kaM ¼d½ vkSj ¼x½ ds rgr 'kkfey fd;k x;k deZpkjh dk ifjokj bu fofu;eks a ds rgr ikfjokfjd ias'ku dk gdnkj gkxs k] tc ,ls s fnoxa r deZpkjh dk ifjokj vkf/kdkfjd jkti= esa es?kky; xzkeh.k cSad ¼deZpkjh½ isa'ku ¼la'kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls rhl fnuks a ds Hkhrj] fnoxa r deZpkjh }kjk ;k ;FkkfLFkfr ifjokj }kjk çkIr iwjh vfare jkf'k] deZpkjh ias'ku ;kts uk] 1995 ds rgr Hkfo"; fuf/k esa cSad dk ;kxs nku vkSj fnoaxr deZpkjh ;k ;FkkfLFkfr[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 fnoxa r deZpkjh ds ifjokj }kjk jkf'k dh çkfIr dh rkjh[k rd ml ij vftZr C;kt vkSj deZpkjh ias'ku ;kts uk ds rgr deZpkjh ;k fnoxa r deZpkjh ds ifjokj }kjk çkIr ias'ku ;k ikfjokfjd ias'ku] ;fn dksbZ gks] dks fjQaM dj fn;k gk s ;k fjQaM djrk gks] fdarq nksuks a ekeykas es a çkfIr dh rkjh[k ls okilh dh rkjh[k rd C;kt dk Hkqxrku djuk visf{kr ugha gksxk- c'krZs fd fnoxa r deZpkjh dk ifjokj ftlls bl [kMa ds rgr jkf'k okil djuk vifs{kr gS] cSad }kjk mldks ns; jkf'k esa ls bu jkf'k;ksa dks lek;kfstr djus ds fy, cSad dks çkf/k—r dj ldrk gS- ¼3½ bl fofu;e esa fdlh ckr ds gksr s gq, Hkh] tk s deZpkjh 1 vçSy] 2010 dks ;k mlds ckn cSad dh lsok eas 'kkfey gqvk gS] mls jk"Vªh; isa'ku ç.kkyh es a 'kkfey fd;k tk,xk- 4- mDr fofu;ekas ds fofu;e 20 es]a mi&fofu;e ¼1½ ds i'pkR] fuEufyf[kr ijarqd vra %LFkkfir fd;k tk,xk] uker% & ^^c'krZs fd fofu;e 3 ds mi&fofu;e ¼1½ ds [kMa ¼lh½ ds varxZr vkus okys deZpkfj;kas dk lsokdky leiâr ugha gksxk-ß 5- mDr fofu;ekas ds fofu;e 32 es a fuEufyf[kr fofu;e dk s çfrLFkkfir fd;k tk,xk] uker% & ^^dfri; deZpkfj;ksa ds laca/k es a isa'ku ;k ikfjokfjd isa'ku dk Hkqxrku] & ¼1½ o s deZpkjh tks 1 flrca j 1987 vkSj 31 vDrcw j 1993 ds e/; cSad dh lsok ls lsokfuo`Ùk gq, gSa] o s çHkkoh rkjh[k ls is'a ku ds fy, ik= gksxa s- ¼2½ fnoxa r deZpkjh] tks 1 flrca j 1987 vkSj 31 vDrcw j 1993 ds e/; lsok es a Fkk vkSj 31 vDrwcj 1993 ls igy s mldh e`R;q gks xbZ Fkh] mldk ifjokj çHkkoh rkjh[k ls ifjokfjd isa'ku ds Hkqxrku ds fy, ik= gksxk- 6- mDr fofu;ekas ds fofu;e 50 es a fuEufyf[kr fofu;e dk s çfrLFkkfir fd;k tk,xk] uker%& ^^ftl rkjh[k ls is'a ku ns; gkrs h gS— ¼1½ ftl deZpkjh ij fofu;e 32 ds mi&fofu;e ¼1½] fofu;e 41 ;k 44 ds mic/a k ykxw gksrs gSa] dks NksMd+ j] es?kky; xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/ku½ fofu;e] 2024 ds rgr fu/kkZfjr le; ds Hkhrj fofu;e 3 ds mi&fofu;e ¼1½ ds rgr fufnZ"V iwjh jkf'k dks fjQaM dj nsus ;k fjQaM fd, tkus ;k lek;kstu grs q çkf/k—r dju s ij] ikfjokfjd ias'ku dks NkMs +dj] ml rkjh[k dh vxyh rkjh[k ls i's ku ns; gk s tk,xh ftl rkjh[k dks dksbZ deZpkjh lsokfuo`Ùk gksrk gS ;k] ;FkkfLFkfr] inR;kx djrk gS ;k vf/kfu;e dh /kkjk 23 d dh mi/kkjk ¼3½ ds [kMa ¼[k½ ds rgr vra fjrh cSad es a 'kkfey gkus s dk fodYi ugha pqurk gS- ¼2½ ftl deZpkjh ij fofu;e 32 ds mi&fofu;e ¼1½] fofu;e 41 ;k 44 ds mic/a k ykxw gksrs gSa] dks NksMd+ j] es?kky; xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/ku½ fofu;e] 2024 ds rgr fu/kkZfjr le; ds Hkhrj fofu;e 3 ds mi&fofu;e ¼2½ ds rgr fufnZ"V iwjh jkf'k dks fjQaM dj nsus ;k fjQaM fd, tkus ;k lek;kts u gsrq çkf/k—r dju s ij] ml rkjh[k dh vxyh rkjh[k ls ikfjokfjd isa'ku ns; gks tk,xh ftl rkjh[k dks deZpkjh dh e`R;q gkrs h gS- ¼3½ bu fofu;eksa es a fdlh ckr ds gksr s gq, Hkh] fdlh deZpkjh ;k fnoxa r deZpkjh ds ifjokj ds ekey s esa] tks mDr fofu;eks a ds rgr ;FkkfLFkfr is'a ku ;k ikfjokfjd isa'ku dk fodYi pquu s ds fy, ik= Fkk] mlu s fodYi ugha pquk ;k fodYi rks pquk fdarq iSlk fjQaM ugha fd;k fdarq vc og fofu;eu ¼3½ ds mi&fofu;e ¼1½ ds [kMa ¼d½ ds rgr ;FkkfLFkfr] fjQaM djrk gS ;k lek;kstu gsrq çkf/k—r djrk gS rks og fofu;e 3 ds mi&fofu;e ¼2½ ds rgr es?kky; xzkeh.k cSad ¼deZpkjh½ ias'ku ¼la'kk/s ku½ fofu;e] 2024 dh vf/klwpuk ij ;k mlds ckn] mi&fofu;e4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] ¼1½ ;k fofu;e 3 ds [kMa ¼x½ ds rgr ;k fofu;e 3 ds mi&fofu;e ¼2½ ds rgr lsokfuo`fÙk ;k bLrhQs dh rkjh[k ;k e`R;q] tks Hkh ckn esa gks] ls ;FkkfLFkfr fjQaM ;k lek;kstu dh rkjh[k ls ;FkkfLFkfr ias'ku ;k ikfjokfjd is'a ku ds fy, ik= gksxk- vk'kh"k ;kno, अध्यक्ष [जवज्ञापन-III/4/असा./662/2024-25] ewy vf/klwpuk la- ,e-bZ-th-vkj-vkj-ch-@is'a ku fofu;e] 2018 fnukad 22 uoca j 2018 ds Hkkjr ds jkti=] vlk/kkj.k] Hkkx III] [kMa 4] ds ek/;e ls çdkf'kr dh xbZ Fkh] fnukda 22 uoca j 2018- MEGHALAYA RURAL BANK NOTIFICATION Shillong, the 16th October, 2024 No. MEGRRB / Pension (Amendment) Regulations, 2024.—In exercise of the powers conferred by Section 30 read with sub-section (1) of section 17 of the Regional Rural Banks Act, 1976 (21 of 1976) the Board of Directors of Meghalaya Rural Bank, after consultation with State Bank of India being the Sponsor Bank, and the National Bank for Agriculture and Rural Development and with the previous sanction of the Central Government, hereby makes the following regulations to amend the Meghalaya Rural Bank (Employees') Pension Regulations, 2018, namely: 1. (1) These Regulations may be called Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Meghalaya Rural Bank (Employees') Pension Regulations, 2018 (hereinafter referred to as the said regulations), in regulation 2, in sub-regulation (1), in clause (k), for the figures, letters and words “1st day of April, 2018”, the figures, letters and words “1st day of November, 1993” shall be substituted. 3. In regulation 3 of the said regulations, the following regulation shall be substituted, namely:- “3. Application.–(1) Any employee who – (a) was in the service of the Bank between the 1st September, 1987 and the 31st March, 2010 and retired or dismissed or removed or terminated from service before the date of notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 and refunded or becomes a member of the Fund and refund within fifteen days from the date of notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 in the Official Gazette, the entire final amounts received by him (the corpus comprising of Bank's contribution to provident fund under the Employees' Pension Scheme, 1995 and interest accrued thereon till the date of receipt by him of the amount) and the periodic pension, if any, received by him under the Employees' Pension Scheme, 1995 attributable to any period before date of notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 in the Official Gazette but without, in either case, requiring to pay interest on such amounts from the date of receipt of such amounts to the date of refund: Provided that an employee who is required to refund the amounts as per this clause may authorise the Bank to adjust these amounts from the amounts payable by the Bank to the employee: Provided further that an employee who was eligible to opt for pension under the said regulations but did not opt within the stipulated time or having opted not refunded the money within the stipulated time, the periodic pension, if any, received by him under the Employees' Pension Scheme, 1995, need not be refunded. (b) was in the service of the Bank between the 1st September, 1987 and the 31st March, 2010 and continue to be in the service of the Bank on or after the date of notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 in the Official Gazette,[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 5 and a member or becomes member of the Fund and caused or cause to transfer the entire contribution of the Bank along with the interest accrued thereon, within fifteen days from the date of notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 in the Official Gazette, to the credit of the Fund constituted in regulation 4 and refund the portion of pension, if any, received by him under Employees' Pension Scheme 1995, and attributable to any period before date of notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 in the Official Gazette. (c) was in the service of the Bank between the 1st September, 1987 and the 31st March, 2010 and exercised an option under clause (b) of sub-section (3) of section 23A of the Act or resigned before the notification of the said Regulations, in either case, after having completed twenty years of qualifying service and by giving proper notice, shall become member of the Fund and refund within fifteen days from the date of notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 in the Official Gazette, the entire final amounts received by him (the corpus comprising of Bank's contribution to provident fund under the Employees' Pension Scheme, 1995 and interest accrued thereon till the date of receipt by him of the amount) and periodic pension, if any, received by him under the Employees' Pension Scheme, 1995 attributable to any period before date of notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 in the Official Gazette but without, in either case, requiring to pay interest on such amounts from the date of receipt of such amounts to the date of refund: Provided that an employee, who is required to refund the amounts, under this clause may authorise the Bank to adjust these amounts from the amounts payable by the Bank to the employee. (2) The family of the employee covered under clauses (a) and (c) of sub-regulation (1), shall be entitled to family pension under these regulations when the family of such deceased employee refunded or refunds within thirty days from the date of notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 in the Official Gazette, the entire final amounts received by the deceased employee or as the case may be the family, the corpus comprising of Bank's contribution to provident fund under the Employees' Pension Scheme, 1995, and interest accrued thereon till the date of receipt of the amount by the deceased employee or, as the case may be, the family of a deceased employee and pension or family pension, if any, received by the employee or the family of the deceased employee under the Employees' Pension Scheme, 1995, but in either case without requiring to pay interest from the date of receipt to the date of refund. Provided that a family of the deceased employee, who is required to refund the amounts under this clause may authorise the Bank to adjust these amounts from the amounts payable by the Bank to the employee. (3) Notwithstanding anything contained in this regulation, any employee who joined the service of the Bank on or after the 1st April, 2010 shall be covered by the National Pension System”. 4. In regulation 20 of the said regulations, after sub-regulation (1), the following proviso shall be inserted, namely:- “Provided that there would no forfeiture of service for employees covered under clause (c) of sub- regulation (1) of regulation 3”. 5. In regulation 32 of the said regulations, the following regulation shall be substituted namely:- “Payment of pension or family pension in respect of certain employees.- (1) Employees who have retired from the service of the Bank between the 1st September, 1987 and the 31st October, 1993 shall be eligible for pension from the effective date. (2) The family of a deceased employee, who was in service between the 1st September, 1987 and the 31st October, 1993 and died before the 31st October, 1993 shall be eligible for payment of family pension from the effective date”.6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 6. In regulation 50 of the said regulations, the following regulation shall be substituted, namely:- “Date from which pension becomes payable.- (1) Except in the case of an employee to whom the provisions of sub-regulation (1) of regulations 32, or 41, or 44 apply a pension other than the family pension shall become payable from the date following the date on which an employee retires or, as the case may be, resigns or opts not to join the transferee bank under clause (b) of sub- section (3) of section 23A of the Act on refund or refunding or authorising adjustment of the entire amounts specified under sub-regulation (1) of regulation 3 within the time stipulated under Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024. (2) Except in the case of an employee to whom the provisions of sub-regulation (1) of regulations 32, or 41, or 44 apply, family pension shall become payable from the date following the date of death of the employee, on refunding or authorising adjustment of the entire amounts specified under sub-regulation (2) of regulation 3 within the time stipulated under Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024. (3) Notwithstanding anything contained in these regulations, in case of an employee, or as the case may be, family of the deceased employee who was eligible to opt for pension, or as the case may be, family pension under the said regulations but did not opt or opted but did not refund the money, but refunds or authorise adjustment of money under clause (a) of sub-regulation (1) of regulation (3), or as the case may be, under sub-regulation (2) of regulation 3 on or after notification of Meghalaya Rural Bank (Employees') Pension (Amendment) Regulations, 2024 shall be entitled for pension, family pension, or as the case may be, from date of refund or adjustment under clause (c) of sub-regulation (1) of regulation 3, or as the case may be, sub-regulation (2) of regulation 3, or the date of retirement or resignation, or death, as the case may be, whichever is later.” ASHISH YADAV, Chairman [ADVT.-III/4/Exty./662/2024-25] Note: The principal notification was published vide number MEGRRB / Pension Regulations, 2018 dated the 22nd November 2018, in the Gazette of India, Extraordinary, Part III, section 4, date the 22nd November 2018 Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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