Home India PRATHAMA U.P. GRAMIN BANK In exercise of the powers conferred by Section 30 read with ...
Date: 10-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 PRATHAMA U.P. GRAMIN BANK · Not Applicable

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Executive Summary & Key Takeaways

Description of the Gazette Notification

  • This gazette notification announces amendments to the Prathama U.P. Gramin Bank (Employees’) Pension Regulations, 2018. The amendments primarily concern the eligibility criteria and payment dates for pensions and family pensions for bank employees, particularly those who served between September 1, 1987, and March 31, 2010.

Key Changes

  • Amendment of Regulation 2: Changes the effective date for pension eligibility from April 1, 2018, to November 1, 1993.
  • Substitution of Regulation 3: This regulation details new eligibility criteria and refund requirements for employees who served between September 1, 1987, and March 31, 2010, including conditions for refunding previously received pension amounts without interest. It also clarifies the inclusion of employees under the National Pension System (NPS).
  • Insertion of a proviso in Regulation 20: Removes forfeiture of service for employees covered under clause (c) of the amended Regulation 3.
  • Substitution of Regulation 32: Specifies the eligibility dates for pension and family pension payments for employees who retired or died between September 1, 1987, and October 31, 1993.
  • Substitution of Regulation 50: Clarifies the dates from which pensions and family pensions become payable, taking into account the amended refund and eligibility provisions.

Impact Analysis

Impact on Prathama U.P. Gramin Bank Employees

  • Employees who joined after April 1, 2010, are explicitly covered under the NPS, as before.

Impact on Prathama U.P. Gramin Bank

  • Need for clear communication and implementation procedures to ensure smooth transition and compliance.

Impact on Sponsor Bank (Punjab National Bank) and NABARD

  • Potential need for adjustments to their internal processes related to pension schemes for affiliated banks.

Suggested Action Items

  • Monitor the implementation closely and address any arising issues promptly.

Key Entities Referenced

Prathama U.P. Gramin Bank: The bank whose employee pension regulations are being amended. Punjab National Bank: The sponsor bank consulted in the amendment process. National Bank for Agriculture and Rural Development (NABARD): Another entity consulted in the amendment process. Regional Rural Banks Act, 1976: The legislation under which the amendments are made. Employees’ Pension Scheme, 1995: The pension scheme referenced in the amendments. National Pension System (NPS): The pension system covering employees who joined the bank after April 1, 2010. Gazette of India, Extraordinary, Part III, Section 4: The official publication where the notification was issued.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-यू.पी.-अ.-17102024-257994 xxxGIDHxxx CG-UP-E-17102024-257994 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 797] नई दिल्ली, बृहस्ट्पजतवार, अक्त बू र 10, 2024/आज‍व न 18, 1946 No. 797] NEW DELHI, THURSDAY, OCTOBER 10, 2024/ASVINA 18, 1946 . . अजधसचू ना eqjknkckn 8 vDVwcj] 2024 {ks=h; xzkeh.k cSad vf/kfu;e] 1976 ¼1976 dk 21oka½ dh /kkjk 17 dh mi/kkjk ¼1½ ds lkFk ifBr /kkjk 30 }kjk çnÙk 'kfä;ks a dk ç;ksx djrs gq, çFkek ;wåihå xzkeh.k cSad dk funs'kd eMa y] çk;kstd cSad iatkc u's kuy cSad vkSj jk"Vªh; —f"k vkSj xzkeh.k fodkl cSad ds lkFk ijke'kZ djus ds ckn vkSj dsæa ljdkj dh iwoZ eta wjh ds lkFk ,rn~~}kjk çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a ku fofu;e] 2018 es a la'kks/ku djus ds fy, fuEufyf[kr fofu;e cukrk gS] uker% 1- ¼1½ bu fofu;eksa dks çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/ku½ fofu;e] 2024 dgk tk,xk- ¼2½ ;s fu;e jkti= eas muds çdk'ku dh rkjh[k ls ykxw gksxa s- 2- çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a 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 eas] vkadM+]s vad vkSj 'kCn ^^vçSy] 2018 dk igyk fnu^^ ds LFkku ij ^^uoacj 1993 dk igyk fnu^^ vkda M+s] vad vkSj 'kCn çfrLFkkfir fd, tk,axs- 3- mDr fofu;eks a eas] fofu;e 3 dks fuEufyf[kr fofu;e ls çfrLFkkfir fd;k tk,xk] uker%] & ^^3- vuqç;ksx & ¼1½ dksbZ Hkh deZpkjh tks & 6546 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 eas Fkk vkSj çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/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 dh lekfIr dj nh xbZ vkSj vkf/kdkfjd jkti= eas çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls iaæg fnuks a 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 ;kstuk] 1995 ds rgr Hkfo"; fuf/k eas cSad dk ;ksxnku vkSj jkf'k dh çkfIr dh rkjh[k rd ml ij vftZr C;kt½ dks fjQaM dj nrs k gS vkSj deZpkjh is'a ku ;kstuk] 1995 ds rgr mlds }kjk çkIr vkof/kd is'a ku] ;fn dksbZ gks] rks vkf/kdkfjd jkti= eas çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a 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 eas] ,slh jkf'k;ks a dh çkfIr dh rkjh[k ls fjQaM dh rkjh[k rd ,slh jkf'k;ks a ij C;kt dk Hkqxrku djuk visf{kr ugha gksxk- c'krZs fd dksbZ deZpkjh ftlls bl [kaM ds vuqlkj jkf'k okil djuk visf{kr gS] cSad }kjk mldks n;s jkf'k es a ls bu jkf'k;ks a dks lek;ksftr dju s ds fy, cSad dks çkf/k—r dj ldrk gS- vkSj] c'krZs fd dksbZ deZpkjh tks mDr fofu;eksa ds rgr is'a ku dk fodYi pquus dk ik= Fkk] ysfdu fu/kkZfjr le; ds Hkhrj mlus is'a ku dk fodYi ugha pquk ;k pquk fdarq fu/kkZfjr le; ds Hkhrj /ku okil ugha fd;k] rks ml deZpkjh dks] deZpkjh is'a ku ;kstuk] 1995 ds rgr mlds }kjk çkIr vkof/kd is'a ku] ;fn dksbZ gks] dks okil djus dh vko';drk ugha gksxh- ¼[k½ 1 flracj] 1987 vkSj 31 ekpZ 2010 ds e/; cSad dh lsok eas Fkk vkSj vkf/kdkfjd jkti= eas çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/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; gksrk gS ;k lnL; curk gS vkSj vkf/kdkfjd jkti= eas çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls iaæg fnuks a ds Hkhrj] fofu;e 4 eas xfBr fuf/k eas cSad ds iwjs ;ksxnku dks o ml ij vftZr C;kt ds lkFk varfjr dj tek dj nrs k gS ;k djokrk gS rFkk deZpkjh is'a ku ;kstuk 1995 ds rgr mlds }kjk çkIr vkSj vkf/kdkfjd jkti= eas çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls igys fdlh Hkh vof/k ds fy, vkjksfir is'a ku dk Hkkx] ;fn dksbZ gks] dks okil dj nsrk gS- 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 ç;ksx fd;k Fkk ;k mDr fofu;eks a dh vf/klwpuk ls igys bLrhQk n s fn;k Fkk] nksuksa gh ekeyks a eas] 20 lky dh vgZd lsok iwjh djus ds ckn vkSj mfpr uksfVl nsdj] fuf/k dk lnL; curk gS vkSj vkf/kdkfjd jkti= eas çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls iaæg fnuks a ds Hkhrj] mlds }kjk çkIr laiw.kZ vafre jkf'k ¼deZpkjh is'a ku ;kstuk] 1995 ds rgr o Hkfo"; fuf/k eas cSad dk ;ksxnku vkSj jkf'k dh çkfIr dh rkjh[k rd ml ij vftZr C;kt½ dks fjQaM dj nrs k gS vkSj deZpkjh is'a ku ;kstuk] 1995 ds rgr mlds }kjk çkIr vkof/kd is'a ku] ;fn dksbZ gks] rks vkf/kdkfjd jkti= eas çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ ia's 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 eas] ,slh jkf'k;ks a dh çkfIr dh rkjh[k ls fjQaM dh rkjh[k rd ,slh jkf'k;ks a ij C;kt dk Hkqxrku djuk visf{kr ugha gksxk- c'krZs fd ,d deZpkjh] ftlls bl [kaM ds rgr jkf'k okil djuk visf{kr gS] cSad }kjk mldks n;s jkf'k es a ls bu jkf'k;ks a dks lek;ksftr dju s ds fy, cSad dks 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;eksa ds rgr ikfjokfjd is'a ku dk gdnkj gksxk] tc ,sl s fnoaxr deZpkjh dk ifjokj vkf/kdkfjd jkti= eas çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ is'a ku ¼la'kks/ku½ fofu;e] 2024 dh vf/klwpuk dh rkjh[k ls rhl fnuks a ds Hkhrj] fnoaxr deZpkjh }kjk ;k ;FkkfLFkfr ifjokj }kjk çkIr iwjh vafre jkf'k] depZ kjh is'a ku ;kstuk] 1995 ds rgr Hkfo"; fuf/k eas cSad dk ;ksxnku vkSj fnoaxr deZpkjh ;k ;FkkfLFkfr fnoaxr deZpkjh ds ifjokj }kjk jkf'k dh çkfIr dh rkjh[k rd ml ij vftZr C;kt vkSj deZpkjh is'a ku ;kstuk ds rgr deZpkjh ;k fnoaxr deZpkjh ds ifjokj }kjk çkIr is'a ku ;k ikfjokfjd is'a ku] ;fn dksbZ gks] dks fjQaM dj fn;k gks ;k fjQaM djrk gks] fdarq nksuks a ekeyks a eas çkfIr dh rkjh[k ls okilh dh rkjh[k rd C;kt dk Hkqxrku djuk visf{kr ugha gksxk- c'krZs fd fnoaxr deZpkjh dk ifjokj ftlls bl [kaM ds rgr jkf'k okil djuk visf{kr gS] cSad }kjk mldks ns; jkf'k eas ls bu jkf'k;ks a dks lek;ksftr djus ds fy, cSad dks çkf/k—r dj ldrk gS- ¼3½ bl fofu;e eas fdlh ckr ds gksrs gq, Hkh] tks deZpkjh 1 vçSy] 2010 dks ;k mlds ckn cSad dh lsok eas 'kkfey gqvk gS] mls jk"Vªh; is'a ku ç.kkyh es a 'kkfey fd;k tk,xk- 4- mDr fofu;eks a ds fofu;e 20 eas] mi&fofu;e ¼1½ ds i'pkr~ fuEufyf[kr ijarqd var%LFkkfir fd;k tk,xk] uker% &[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 ^^c'krZs fd fofu;e 3 ds mi&fofu;e ¼1½ ds [kaM ¼lh½ ds varxZr vku s oky s deZpkfj;ks a dk lsokdky leiâr ugha gksxk-ß 5- mDr fofu;eks a ds fofu;e 32 eas fuEufyf[kr fofu;e dks çfrLFkkfir fd;k tk,xk] uker% & ^^dfri; 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`Ùk gq, gSa] os çHkkoh rkjh[k ls is'a ku ds fy, ik= gksxa s- ¼2½ fnoaxr deZpkjh] tks 1 flrca j 1987 vkSj 31 vDVwcj 1993 ds e/; lsok eas Fkk vkSj 31 vDVcw j 1993 ls igys mldh e`R;q gks xbZ Fkh] mldk ifjokj çHkkoh rkjh[k ls ifjokfjd is'a ku ds Hkqxrku ds fy, ik= gksxk- 6- mDr fofu;eks a ds fofu;e 50 eas fuEufyf[kr fofu;e dks çfrLFkkfir fd;k tk,xk] uker%& ^^ftl rkjh[k ls is'a ku 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] çFkek ;wåihå 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 nus s ;k fjQaM fd, tkus ;k lek;kstu gsrq çkf/k—r djus ij] ikfjokfjd is'a ku dks NksM+dj] ml rkjh[k dh vxyh rkjh[k ls is'ku 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 esa 'kkfey gksus dk fodYi ugha pqurk gS- 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] çFkek ;wåihå 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 nus s ;k fjQaM fd, tkus ;k lek;kstu gsrq çkf/k—r djus ij] ml rkjh[k dh vxyh rkjh[k ls ikfjokfjd is'a ku ns; gks tk,xh ftl rkjh[k dks deZpkjh dh eR` ;q gksrh gS- ¼3½ bu fofu;eks a eas fdlh ckr ds gksrs gq, Hkh] fdlh deZpkjh ;k fnoaxr deZpkjh ds ifjokj ds ekey s eas] tks mDr fofu;eks a ds rgr ;FkkfLFkfr is'a ku ;k ikfjokfjd is'a ku dk fodYi pquus ds fy, ik= Fkk] mlu s fodYi ugh a pquk ;k fodYi rks pquk fdarq iSlk fjQaM ugh a 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 çkf/k—r djrk gS rks og fofu;e 3 ds mi&fofu;e ¼2½ ds rgr çFkek ;wåihå xzkeh.k cSad ¼deZpkjh½ isa'ku ¼la'kks/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 e`R;q] tks Hkh ckn es a gks] ls ;FkkfLFkfr fjQaM ;k lek;kstu dh rkjh[k ls ;FkkfLFkfr is'a ku ;k ikfjokfjd is'a ku ds fy, ik= gksxk- जवज्ञापन-III/4/असा./566/2024-25] eyw vf/klwpuk la- ih;wihthch- 2@2019 fnukad 11-12-2019 ds Hkkjr ds jkti=] vlk/kkj.k] Hkkx AAA] [kaM 4 ds ek/;e ls çdkf'kr dh xbZ Fkh- PRATHAMA U.P. GRAMIN BANK NOTIFICATION Moradabad the 8th October, 2024. F. No. PUPGB 2/2024- 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin Bank (Employees’) Pension Regulations, 2018, namely:4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 1. (1) THESE REGULATIONS MAY BE CALLED PRATHAMA U.P. GRAMIN 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin Bank (Employees’) Pension[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 5 (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 Prathama U.P. Gramin 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin 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.6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 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. 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin 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 Prathama U.P. Gramin 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[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 7 be, sub-regulation (2) of regulation 3, or the date of retirement or resignation, or death, as the case may be, whichever is later.” SANJEEV BHARDWAJ, Chairman [ADVT.-III/4/Exty./566/2024-25] Note: The principal notification was published vide number PUPGB 02/2019 dated the 11.12.2019 in the Gazette of India, Extraordinary, Part III, section 4. 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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