Home India Assam Gramin Vikash Bank In exercise of the powers conferred by Section 30 read with ...
Date: 14-Oct-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

Issued by Assam Gramin Vikash Bank · Not Applicable

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Executive Summary & Key Takeaways

Description of the Gazette Notification

  • This gazette notification announces amendments to the Assam Gramin Vikash Bank (Employees’) Pension Regulations, 2018. The amendments primarily concern the eligibility criteria for pension and family pension, the refund of previously received pension amounts, and the effective dates for pension payments.

Key Changes

  • Amendment of Regulation 2: Changes the effective date for pension eligibility from April 1, 2018, to November 1, 1993.
  • Complete Revision of Regulation 3: This regulation outlines new eligibility criteria for pension and family pension. It specifies conditions for employees who retired or left service between September 1, 1987, and March 31, 2010, requiring them to refund previously received pension amounts within 15 days of the notification's publication. It also addresses employees who continued service past the notification date and those who opted for pension under Section 23A of the Act.
  • Addition of a proviso to Regulation 20: This proviso states that there will be no forfeiture of service for employees covered under clause (c) of sub-regulation (1) of regulation 3.
  • Revision of Regulation 32: This regulation clarifies the eligibility for pension and family pension for employees who retired or died between September 1, 1987, and October 31, 1993.
  • Revision of Regulation 50: This regulation clarifies the effective dates for pension and family pension payments, considering the refund requirements outlined in the amended Regulation 3.

Impact Analysis

Assam Gramin Vikash Bank Employees

  • Action Item: The bank should proactively communicate these changes to all affected employees, providing clear instructions and support for the refund process.

Assam Gramin Vikash Bank

  • Action Item: The bank should develop a clear communication strategy, establish a dedicated team to manage refunds, and update its pension administration systems to reflect the changes.

Government

  • Action Item: The government should monitor the implementation of the amendments and address any issues that arise.

Key Entities Referenced

Assam Gramin Vikash Bank (Employees’) Pension Regulations, 2018: The principal regulations amended by this notification. Assam Gramin Vikash Bank (Employees’) Pension (Amendment) Regulations, 2024: The amended regulations. Regional Rural Banks Act, 1976: The Act under which the Assam Gramin Vikash Bank operates and which grants the power to amend the pension regulations. Punjab National Bank: The sponsor bank for Assam Gramin Vikash Bank. National Bank for Agriculture and Rural Development: A stakeholder consulted during the amendment process. Employees’ Pension Scheme, 1995: The pension scheme referenced in the amended regulations. National Pension System: The pension system applicable to employees who joined the bank on or after April 1, 2010.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-ए.एस.-अ.-22102024-258127 xxxGIDHxxx CG-AS-E-22102024-258127 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 805] नई दिल्ली ,सोमवार, अक्त बू र 14, 2024/आजिन 22, 1946 No. 805] NEW DELHI, MONDAY, OCTOBER 14, 2024/ASVINA 22, 1946 अजधसचू ना ] 7 vDVcw j 2024 फा. स.ं {ks=h; xzkehs.k cSad vf/kfu;e] 1976 ¼1976 dk 21 oka½ dh /kkjk 17 dh mi/kkjk ¼1½ ds lkFk ifBr /kkjk 30 }kjk iznŸk शfDr;ks dk iz;ksx djrs gq,] vle xzkeh.k fodkl cSad dk funsd eMa y ] izk;kstd cSads iatkc usशuy cSad vkSj jk"Vªh; Ñf"k vkSj xzkeh.k fodkl cSads ds lkFk ijke’kZ djus ds ckn vkSj dsna z ljdkj dh iwoZ eatwjh ds lkFk] ,r}kjk vle xzkeh.k fodkl cSad ¼depZ kjh½ is’a ku fofu;e] 2018 es laशks/ku dju s ds fy, fuEufyf[kr fofu;e cukrk gS ] ;Fkk%& 1- ¼1½ bu fofu;eks dks vle xzkeh.k fodkl cSad ¼deZpkjh½ iasशu¼laशks/ku½ fofu;e] 2024 dgk tk,xkA ¼2½ ;s fu;e jkti= e s muds izdkशu dh rkjh[k ls ykxw gksaxa s A 2- vle xzkeh.k fodkl cSad ¼deZpkjh½ iaशs u fofu;e] 2018 ¼blds ckn bls mä fofu;e dgk tk,xk½ ds] fofu;e 2 ds mi& fofu;e ¼1½ ds [kaM ¼V½ e s vkadMs]+ vad vkSj शCn ÞvizSy] 2018 dk igyk fnu ßds LFkku ij uoEcj 1993 dk igyk fnu ß vkadMs]+ vad vkSj शCn izfrLFkkfir fd, tk,axs A 3- mDr fofu;eks e]s fofu;e 3 dks fuEufyf[kr fofu;e ls izfrLFkkfir fd;k tk,xk] uker%]& ß3‐vuiq z;ksx &¼1½dksbZ Hkh deZpkjh tks & 6660 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 e s Fkk vkSj vle xzkeh.k fodkl cSad ¼deZpkjh½ isशa u¼laशks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls igy s lsokfuo`Ùk ;k c[kkZLr ;k gVk fn;k x;k ;k lsok lekfIr dj nh xbZ vkSj vkf/kdkfjd jkti= eas vle xzkeh.k fodkl cSad ¼deZpkjh½ isशa u ¼la’kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls ianzg fnuks a ds Hkhrj fjQaM djrk gS ;k fuf/k dk lnL; curk gS vkSj mlds }kjk izkIr laiw.kZ vafre jkfश ¼deZpkjh isaशu ;kstuk]1995 ds rgr Hkfo"; fuf/k e s cSada dk ;ksxnku vkSj jkfश dh izkfIr dh rkjh[k rd ml ij vftZr C;kt½ dks fjQaM dj nrs k gS vkSj deZpkjh isaशu ;kstuk]1995 ds rgr mlds }kjk izkIr vkof/kd isशa u] ;fn dksbZ gks] rks vkf/kdkfjd jkti= e s vle xzkeh.k fodkl cSad ¼deZpkjh½ isशa u ¼laशks/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 e]s,slh jkfश;k sa dh izkfIr dh rkjh[k ls fjQaM dh rkjh[k rd ,slh jkfश;ks a ij C;kt dk Hkqxrku djuk visf{kr ugh a हksxk A CkशrZs fd dksbZ deZpkjh ftlls bl [kaM ds vuqlkj jkfश okil djuk visf{kr gS] cSad }kjk mldks n;s jkfश eas ls bu jkfश;k sa dks lek;ksftr dju s ds fy, cSad dks izkf/kd`r dj ldrk gS A vkSj]CkशrZs fd dksbZ deZpkjh tks mDr fofu;eksa ds rहr isaशu dk fodYi pquus dk ik= Fkk] yfsdu fu/kkZafajr le; ds Hkhrj mlu s isशa u dk fodYi ugh pquk ;k pquk fdarq fu/kkZafajr le; ds Hkhrj /ku okil ugha fd;k] rks ml deZpkjh dks] deZpkjh isशa u ;kstuk] 1995 ds rgr mlds }kjk izkIr vkof/kd isaशu] ;fn dksbZ gks] dks okil djus dh vkoश;drk uहh हksxhA ¼[k½ 1 flracj] 1987 vkSj 31 ekpZ 2010 ds e/; cSad dh lsok eas Fkk vkSj vkf/kdkfjd jkti= eas vle xzkeh.k fodkl cSad ¼deZpkjh½ isशa u ¼laशks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k dks ;k mlds ckn cSad dh lsok es tkjh jgrk gS] vkSj fuf/k dk ,d lnL; gksrk gS ;k lnL; curk gS vkSj vkf/kdkfjd jkti= e s vle xzkeh.k fodkl cSad ¼deZpkjh½ isशa u ¼laशks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls ianzg fnuks a ds Hkhrj] fofu;e 4 e s xfBr fuf/k es cSad ds iwjs ;ksxnku dks o ml ij vftZr C;kt ds lkFk varfjr dj tek dj nsrk gS ;k djokrk gS rFkk deZpkjh isaशu ;kstuk]1995 ds rgr mlds }kjk izkIr vkSj vkf/kdkfjd jkti= e s vle xzkeh.k fodkl cSad ¼deZpkjh½ isaशu ¼laशks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls igys fdlh Hkh vof/k ds fy, vkjksfir isशa u dk Hkkx] ;fn dksbZ gks] dks okil dj nsrk gS A ¼x½ 1 flracj] 1987 vkSj 31 ekpZ 2010 ds e/; cSad dh lsok eas Fkk vkSj vf/kfu;e dh /kkjk 23 , dh mi&/kkjk ¼3½ ds [kaM ¼ch½ ds rgr ftlus ,d fodYi dk iz;ksx fd;k Fkk mDr fofu;eksa dh vf/klwpuk ls igys bLrhQk ns fn;k Fkk] nksuks gh ekeyks a e]s 20 lky dh vgZd lsok iwjh dju s ds ckn vkSj mfpr uksfVl nds j] fuf/k dk lnL; curk gS vkSj vkf/kdkfjd jkti= eas vle xzkeh.k fodkl cSad ¼deZpkjh½ isशa u ¼laशks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls ianzg fnuks a ds Hkhrj] mlds }kjk izkIr laiw.kZ vafre jkfश ¼deZpkjh isशa u ;kstuk]1995 ds rgr o Hkfo"; fuf/k es cSad dk ;ksxnku vkSj jkfश dh izkfIr dh rkjh[k rd ml ij vftZr C;kt½ dks fjQaM dj nrs k gS vkSj deZpkjh isशa u ;kstuk]1995 ds rgr mlds }kjk izkIr vkof/kd isशa u] ;fn dksbZ gks] rks vkf/kdkfjd jkti= e s vle xzkeh.k fodkl cSad ¼deZpkjh½ isशa u ¼laशks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls igys fdlh Hkh vof/k ds fy, vkjksI;] ;k vukjksI;] fdlh Hkh fLFkfr e]s,slh jkfश;ks a dh izkfIr dh rkjh[k ls fjQaM dh rkjh[k rd ,slh jkfश;ks a ij C;kt dk Hkqxrku djuk visf{kr ugha gksxkA CkशrZs fd ,d deZpkjh ftlls bl [kaM ds vuqlkj jkfश okil djuk visf{kr gS] cSad }kjk mldks n;s jkfश esa ls bu jkfश;ks a dks lek;ksftr djus ds fy, cSad dks izkf/kd`r dj ldrk gS A ¼2½ mi&fofu;e ¼1½ ds [kaM ¼d½ vkSj ¼x½ ds rgr शkfey fd;k x;k deZpkjh dk ifjokj bu fofu;eksa ds rgr ikfjokfjd isशa u dk gdnkj gksxk] tc ,sl s fnoaxr deZpkjh dk ifjokj vkf/kdkfjd jkti= vle xzkeh.k fodkl[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 cSad ¼deZpkjh½ isaशu ¼lशks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls rhl fnuks a ds Hkhrj] fnoaxr deZpkjh }kjk ;k ;FkkfLFkfr ifjokj }kjk izkIr iwjh vafre jkfश] deZpkjh isशa u ;kstuk]1995 ds rgr Hkfo"; fuf/k e s cSad dk ;ksxnku vkSj fnoaxr deZpkjh }kjk ;k ;FkkfLFkfr fnoaxr deZpkjh ds ifjokj }kjk jkfश dh izkfIr dh rkjh[k rd ml ij vftZr C;kt vkSj depZ kjh isaशu ;kstuk ds rgr depZ kjh ;k fnoaxr deZpkjh ds ifjokj }kjk izkIr isशa u ;k ikfjokfjd isशa u] ;fn dksbZ gks s ;k fjQaM djrk gks] fdarq nksuksa ekeyks a e s izkfIr dh rkjh[k ls okilh dh rkjh[k rd dk C;kt dk Hkqxrku djuk visf{kr ugh gksxk A CkशrZs fd fnoaxr deZpkjh dk ifjokj ftlls bl [kaM ds rgr jkfश okil djuk visf{kr gS] cSad }kjk mldks n;s jkfश eas ls bu jkfश;ks a dks lek;ksftr dju s ds fy, cSad dks izkf/kd`r dj ldrk gS A ¼3½ bl fofu;e e s fdlh ckr ds gksrs gq, Hkh] tks deZpkjh 1 vizSy 2010 dks ;k mlds ckn cSad dh lsok eas शkfey gqvk gS] mls jk"Vªh; isशa u iz.kkyh es isशa u kfey fd;k tk,xkA 4- mDr fofu;eksa ds fofu;e 20 eas] mi&fofu;e ¼1½ ds i'pkr] fuEufyf[kr ijarqd var%LFkkfir fd;k tk,xk] uker %& ß CkशrsZsZ fd fofu;e 3 ds mi& fofu;e ¼1½ ds [kaM ¼lh½ ds varxZr vkus okys deZpkfj;ks a dk lsokdky leiàr ugh gksxk AÞ 5- mDr fofu;eksa ds fofu;e 32 esa fuEufyf[kr fofu;e dks izfrLFkkfir fd;k tk,xk] uker %& ßdfri; deZpkfj;ks a ds laca/k eas is’a ku ;k ikfjokfjd is’a ku dk Hkqxrku] ¼1½ os deZpkjh tks 1 flracj 1987 vkSj 31 vDVwcj 1993 ds e/; cSad dh lsok ls lsokfuo`r gq, gSa] os izHkkoh rkjh[k ls isशa u ds fy, ik= gksxa s ¼2½ fnoaxr deZpkjh] tks 1 flrca j 1987 vkSj 31 vDVwcj 1993 ds e/; lsok e s Fkk vkSj 31 vDVcw j 1993 ls igy s mldh e`R;q gks xbZ Fkh] mldk ifjokj izHkkoh rkjh[k ls isaशu ds Hkqxrku ds s fy, ik= gksxk A 6- mDr fofu;eksa ds fofu;e 50 esa fuEufyf[kr fofu;e dks izfrLFkkfir fd;k tk,xk] uker %& Þ ftl rkjh[k ls isaशu ns; gksrh gS & ¼1½ ftl deZpkjh ij fofu;e 32 ds mi&fofu;e ¼1½] fofu;e 41 ;k 44 ds mica/k ykxw gksrs gSa] dks NksM+dj] vle xzkeh.k fodkl cSad ¼depZ kjh½ isशu¼laशks/ku½ fofu;e] 2024 ds rgr fu/kkZfjr le; ds Hkhrj fofu;e 3 ds mi&fofu;e ¼1½ ds rgr fufnZ"V iwjh jkfश dks fjQaM dj nus s ;k fjQaM fd, tku s ;k lek;kstu gsrq izkf/kd`r djus ij] ikfjokfjd isशa u dks NkMs +dj] ml rkjh[k dh vxyh rkjh[k ls isaशu n;s gks 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 [kaM ¼[k½ ds rgr varfjrh cSad es शkfey gksus dk fodYi ugha pqurk gS A ¼2½ ftl deZpkjh ij fofu;e 32 ds mi&fofu;e ¼1½] fofu;e 41 ;k 44 ds mica/k ykxw gksrs gSa] dks NksM+dj] vle xzkeh.k fodkl cSad ¼depZ kjh½ isaशu¼laशks/ku½ fofu;e] 2024 ds rgr fu/kkZfjr le; ds Hkhrj fofu;e 3 ds mi&fofu;e ¼2½ ds rgr fufnZ"V iwjh jkfश dks fjQaM dj nus s ;k fjQaM fd, tku s ;k lek;kstu gsrq izkf/kd`r djus ij] ml rkjh[k dh vxyh rkjh[k ls ikfjokfjd is’a ku n;s gks tk,xh ftl rkjh[k dks deZpkjh dh e`R;q gksrh gS A ¼3½ bu fofu;eksa e s fdlh ckr ds gksrs gq, Hkh] fdlh deZpkjh ;k fnoaxr deZpkjh ds ifjokj ds ekey s eas] tks mDr fofu;eksa ds rgr ;FkkfLFkfr is’a ku ;k ikfjokfjd isaशu dk fodYi pquus ds fy, ik= Fkk] mlu s fodYi ugh pquk ;k fodYi rks pquk fdarq iSlk fjQaM ugh fd;k fdarq vc og fofu;eu ¼3½ ds mi&fofu;e ¼1½ ds [kaM ¼d½ ds rgr ;FkkfLFkfr] fjQaM djrk gS ;k lek;kstu gsrq izkf/kd`r djrk gS rks og fofu;e 3 ds mi&fofu;e ¼2½ ds4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] rgr vle xzkeh.k fodkl cSad ¼deZpkjh½ isaशu¼laशks/ku½ fofu;e] 2024 dh vf/klwpuk ij ;k mlds ckn] mi&fofu;e ¼1½ ;k fofu;e 3 ds [kaM ¼x½ ds rgr ;k fofu;e 3 ds mi&fofu;e ¼2½ ds rgr lsokfuo`fÙk ;k bLrhQs dh rkjh[k ;k eR` ;q] tks Hkh ckn eas gks] ls ;FkkfLFkfr fjQaM ;k lek;kstu dh rkjh[k ls ;FkkfLFkfr is’a ku ;k ikfjokfjd isaशu ds fy, ik= gksXkk A nsokf'kl xaxksik/;k; [जवज्ञापन-III/4/असा./574/2024-25] eyw vf/klwpuk la‐ 532 fnukad 24 fnlEcj 2018 ds “kjr ds jkti=] Hkkx AAA] [kaM 4] vlk/kkj.k ds ek/;e ls izdkfशr fd;k x;k Fkk A ASSAM GRAMIN VIKASH BANK NOTIFICATION Guwahati , 7 October 2024 F.No. AGVB/PER/ESTT-B/08/03/2024-25–– 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 Assam Gramin Vikash Bank , after consultation with Punjab National Bank 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 Assam Gramin Vikash Bank (Employees’) Pension Regulations, 2018, namely: 1. (1) These Regulations may be called Assam Gramin Vikash 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 Assam Gramin Vikash 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 Assam Gramin Vikash 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 Assam Gramin Vikash 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 Assam Gramin Vikash 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:[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 5 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 Assam Gramin Vikash Bank (Employees’) Pension (Amendment) Regulations, 2024 in the Official Gazette, 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 Assam Gramin Vikash 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 Assam Gramin Vikash 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 Assam Gramin Vikash 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 Assam Gramin Vikash 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 Assam Gramin Vikash 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”.6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 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. 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 Assam Gramin Vikash 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 Assam Gramin Vikash 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 Assam Gramin Vikash 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.” DEBASISH GANGOPDHYAY, Chairman [ADVT.-III/4/Exty./574/2024-25] Note: The principal notification was published vide number 532 dated 24 December 2018 in the Gazette of India, Extraordinary, Part III, section 4, Extraordinary. 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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