The Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 (46 of 1948), the Central Government hereby makes the following farther amendments to the Coal Mines Pension Scheme, 1998, namely :

The Gazette of India

EXTRAORDINARY

PART II- Section 3—Sub-section (i)

PUBLISHED BY AUTHORITY

No. 589 ] NEWDELH1, FRIDAY, NOVEMBER23, 2001/AGRAHAYANA2,1923

"Period in year(s) for superannuation

For every Rupees 100 per month payable at age of superannuation, the amount payable to the employee from date of exit

0

100

1

97

2

94

3

91

4

89

86

5

6

83

7

81

8

78

9

76

MINISTRY OF COAL AND MINES

10

73

(Department of Coal)

11

71

NOTIFICATION

New Delhi, the 23rd November, 2001 G.S.R. 861(E).—In exercise of the powers conferred by sections 3E and 7 of the Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 (46 of 1948), the Central Government hereby makes the following farther amendments to the Coal Mines Pension Scheme, 1998, namely:— 1. (i) This Scheme may be called the Coal Mines (Second Amendment) Scheme, 2001.

(ii) It shall be deemed to have come into force with effect from the 31st day of March, 1998.

2. In the Coal Mines Pension Scheme, 1998—

12

69

13

66

14

64

15

62

16

60

17

58

18

56

19

54

20

52"

[F.No. 20/16/2001-PRIWJ D. P. SINGH. Jt. Secv.

Explanatory Memorandum

© in paragraph 10, in sub-paragraph (3), for the words "period often years" the words "period of twenty years" shall be substituted. (if) In Schedule 2, for the words and fi gures.

' Period in year(s) for superannuation

For every Rupees 100 payable at age of superannuation, the amount payable to the employee

100 97 94 91 89 86 83 81 78 76 73",

0 1 2 3 4 5 6 7 8 9 10

Section 7 of Coal Mines Provident Fund and Miscellaneous Provisions Act 1948 (46 of 1948) empowers the Central Government to add to, vary or amend a Scheme framed under the Act either prospectively or retrospectively.

The present amendments shall benefit the employees who have completed 10 years of pensionable service and it will cover the case of exit of an employee at the age of 40 years.

Foot Note:— The Coal Mines Pension Scheme, 1998 was published vide GSR 123(E), dated the 5th March, 1998 and subsequently amended vide number:—

1. G.S.R. 268(E) dated the 25th May, 1998 2.G.S.R. 218(E) dated the 22ndMarch, 1999 3. G. S.R 689(E) dated the 29th August, 2000 4. G.S.R 256(E) dated the 12th April, 2001Printed by tho Manager, Govt, of India Press, Ring Road, Mayapuri, Now Delhi-110064 and Published by the Controller of Publications, Delhi-110054.