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रजिस्ट्री सं. डीएल—(एन)-04/0007/2003—05 REGISTERED No. DL—(N)-04/0007/2003—05

साप्ताहिक/WEEKLY

प्राधिकार से प्रकाशित

PUBLISHED BY AUTHORITY

सं. 2] नई दिल्ली, शनिवार, जनवरी 13—जनवरी 19, 2018 (पौष 23, 1939)

No. 2] NEW DELHI, SATURDAY, JANUARY 13—JANUARY 19, 2018 (PAUSA 23, 1939)

इस भाग में भिन्न पृष्ठ संख्या दी जाती है जिससे कि यह अलग संकलन के रूप में रखा जा सके

(Separate paging is given to this Part in order that it may be filed as a separate compilation)

भाग III—खण्ड 4

[PART III—SECTION 4]

[सांविधिक निकायों द्वारा जारी की गई विविध अधिसूचनाएं जिसमें कि अधिसूचनाएं, आदेश, विज्ञाापन और सूचनाएं

सम्मिलित ह]

[Miscellaneous Notifications including Notifications, Orders, Advertisements and Notices issued by

Statutory Bodies]

——————

1—41⁹ GI/2017

(1)2 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 3 4 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 5 6 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 7 8 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 9 10 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 11 12 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 13 14 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 15 16 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 17 18 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 19 20 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 21 22 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 23 24 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 25 26 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 27 28 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 29 30 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 31 32 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 33 34 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 भाग III—खण्ड 4] भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) 35 36 भारत का राजपत्र, जनवरी 13, 2018 (पौष 23, 1939) [भाग III—खण्ड 4 PART III—SEC. 4] THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) 37

PUNJAB NATIONAL BANK

New Delhi–110075, the 18th December 2017

In exercise of the powers conferred by section 19, read with sub-section (2) of section 12 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), the Board of Directors of the Punjab National Bank in consultation with the Reserve Bank of India and with the previous sanction of the Central Government, hereby makes the following regulations further to amend the Punjab National Bank (Officers') Service Regulations, 1979, namely :-

1. (1) These regulations may be called the Punjab National Bank (Officers') Service (Amendment) Regulations, 2010.

(2) They shall come into force with effect from the 2nd day of June 2005 except wherever stated otherwise in the respective regulations.

2. In the Punjab National Bank (Officers') Service Regulations, 1979, (hereinafter referred as the said regulations), in regulation 3, -

(i) for clause (g), the following clause shall be substituted, namely :-

'(g) ''Family" means the spouse of the officer (who is not an employee of the Bank), wholly dependent unmarried children (including dependent step and legally adopted children) and parents ordinarily residing with and wholly dependent on the officer';

(ii) for clause (o), the following clause shall be substituted, namely:-

'(o) "Wholly dependent children or parents" mean children or parents having an income not exceeding Rs.2,550 per month'.

Note: If the income of one of the parents exceeds Rs.2,550 per month or the aggregate income of both the parents exceeds Rs.2,550 per month, both the parents shall not be considered as wholly dependent on the employee;' 3. In the said regulations, in regulation 4, for sub-regulation (4), the following sub-regulations shall be substituted, namely:-

'(4) On and from the 1st day of November 2002, the scales of pay specified against each grade shall be as under:-

(a) Top Executive Grade :

Scale VII = Rs. 29340 - 680 – 30700 – 900 – 31600 - 1000 - 32600 2 1 1

Scale VI = Rs. 26620 – 680 – 29340

4

(b) Senior Management Grade :

Scale V = Rs. 24140 – 620 – 26620 4

Scale IV = Rs. 20480 – 560 – 21040 – 620 – 24140

1 5

(c) Middle Management Grade :

Scale III = Rs. 18240 – 560 – 21040 – 620 – 22280 5 2

Scale II = Rs. 13820 – 500 – 14320 – 560 – 19920 1 10

(d) Junior Management Grade :

Scale I = Rs. 10000 – 470 – 12820 – 500 – 14320 – 560 – 18240 6 3 7

Note: Every officer who is governed by the scales of pay as in force as on 31st October, 2002 shall be fitted in the scale of pay set out as in this sub-regulation as on 1st November, 2002 on stage to stage basis, i.e. on corresponding stages from first stage onwards in the respective scales and the increments shall fall on the anniversary date as usual except where provided otherwise;

(4A) Nothing in sub-regulations (1), (2), (3) and (4) shall be construed as requiring the bank to have at all times, officers serving in all these grades.'38 THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) [PART III—SEC. 4 4. In the said regulations, for regulation 5, the following regulation shall be substituted, namely:-

'5. Increments – (1) Subject to the provisions of sub-regulation (4) of regulation 4, on and from the 1st day of November, 2002, the increments shall be granted subject to the following conditions, namely:-

(a) The increments specified in the scales of pay set out in sub-regulation (4) of regulation 4 shall, subject to the sanction of the Competent Authority, accrue on an annual basis and shall be granted on the first day of the month in which these fall due;

(b) Officers in Scale I and Scale II, one year after reaching the maximum in their respective scales, shall be granted further increments including stagnation increment(s) in the next higher scale only as specified in clause (c) below subject to their crossing the efficiency bar as per guidelines of the Government;

(c) Officers including those referred to in clause (b) above who reach the maximum of the Middle Management Grade Scales II and III shall draw stagnation increment(s) for every three completed years of service after reaching the last stage of the Scale II or Scale III, as the case may be, subject to a maximum of two such increments of Rs.560 each for officers in the last stage of Scale II and one such increment of Rs.620 for officers in the last stage of Scale III;

Provided that on and from the 1st day of November, 1994 the officers in substantive Scale III i.e. those who are recruited in or promoted to Scale III shall be eligible for second stagnation increment three years after having received the first stagnation increment:

Provided further that such increment/s in the next higher scale/stagnation increment/s shall not be allowed to an officer who refuses promotion when offered.

Note: Grant of such increments in the next higher scale shall not amount to promotion. Officers even after receipt of such increments shall continue to get privileges, perquisites, duties, responsibilities or posts of their substantive Scale I or Scale II as the case may be.

(2) An additional increment each shall be granted in the scale of pay for passing Part I of Certified Associate of Indian Institute of Bankers/Junior Associate of Indian Institute of Banking and Finance and Part II of Certified Associate of Indian Institute of Bankers Examination.

Explanation: (a) in the case of an officer who has passed Part I or Part II of Certified Associate of Indian Institute of Bankers Examination as an officer before the appointed date, the additional increment, or increments as the case may be, shall be given effect to from the appointed date provided that he has not received any increment or received only one increment, for passing both parts of the said Examination.

(b) on and from the 1st day of November, 1987, officers who reach or have reached the maximum in the pay scale and are unable to move further except by way of promotion shall subject to Government guidelines, if any, be granted Professional Qualification Allowance in lieu of additional increments as specified in the Table below:

TABLE

(c) on and from 1st day of November, 1994, other things being equal, the quantum of Professional Qualification Allowance shall stand revised as specified in the table below:-

TABLE

Provided that officers who are eligible to draw Fixed Personal allowance in terms of clause (b) of sub-regulation (3) of regulation 5, shall draw Professional Qualification Allowance one year/two years after receipt of such Fixed Personal Allowance respectively for Part I and II as the case may be.

(d) on and from the 1st day of November, 1999, other things being equal, the quantum of Professional Qualification Pay shall stand revised as specified in the table below:-

TABLE

Provided that officers who are in Scale I and Scale II and are granted further increments in the next higher scale as in clause (b) of sub-regulation (1) shall draw Professional Qualification Pay after one or two years, as the case may be, on reaching the maximum in such higher scales.

(e) on and from the 1st day of November, 2002, other things being equal, the quantum of Professional Qualification Pay shall stand revised as specified in the table below:-

TABLE

Provided that officers who are in Scale I and Scale II and are granted further increments in the next higher scale as specified in clause (b) of sub-regulation (1) shall draw Professional Qualification Pay after one or two years, as the case may be, on reaching the maximum in such higher scales.

Note: (i) if an officer who is in receipt of Professional Qualification Pay is promoted to next higher scale, he shall be granted, on fitment in such higher scale, additional increment(s) for passing Junior Associate of Indian Institute of Bankers / Certified Associate of Indian Institute of Bankers to the extent increments are available in the scale and if no increments are available in the scale, the officer shall be eligible for Professional Qualification Pay in lieu of increment(s).

(ii) on and from the 1st day of November, 1994, Professional Qualification Allowance or Professional Qualification Pay, as the case may be, shall rank for Dearness Allowance, House Rent Allowance and superannuation benefits.

(iii) an Officer shall not be eligible for Professional Qualification Pay as above, if he refuses to accept promotion when offered.

(iv) if an officer acquiring Junior Associate of Indian Institute of Bankers or Certified Associate of Indian Institute of Bankers (either or both parts) qualifications after reaching the maximum of the scale of pay, shall be granted from the date of acquiring such qualification the first installment of Professional Qualification Pay and the release of subsequent installments of Professional Qualification Pay shall be with reference to the date of release of first installment of Professional Qualification Pay.

(v) if an officer, as on the 2nd day of June, 2005 has already acquired any of the said qualifications referred to in clause (iv) and has not earned any increment or Professional Qualification Pay on account of acquiring such qualification/s, he shall be, with effect from the 1st day of November, 2002 or the date of acquiring such qualification/s, whichever is later, released Professional Qualification Pay as provided herein above.

(3)(a) all officers who are in the bank's permanent service as on the 1st day of November, 1993, shall get one advance increment in the scale of pay and officers who are on probation on the 1st day of November 1993 will get one advance increment one year after the confirmation.

Note: There shall be no change in the date of annual increment because of advance increment.

(b) an officer who is at the maximum of the scale or who is in receipt of stagnation increment(s) as on 1st day of November, 1993 will draw a Fixed Personal Allowance from the 1st day of November, 1993 which shall be equivalent to an amount of last increment drawn plus dearness allowance payable thereon as on 1st day of40 THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) [PART III—SEC. 4 November, 1993, plus House Rent Allowance, at such rates as applicable in terms of regulation 22 and the Fixed Personal Allowance together with House Rent Allowance, if any, as specified in the table below shall remain valid till further revised:-

TABLE

(c) on and from the 1st day of November, 1999 other things being equal, the Fixed Personal Pay with House Rent Allowance, if any, shall be as specified in the table below:-

TABLE

(d) on and from the 1st day of November 2004, other things being equal, Fixed Personal Pay together with House Rent Allowance, if any, shall be as specified in the table below and shall remain frozen for the entire period of service:-

TABLE

Note: (i) Fixed Personal Allowance/Fixed Personal Pay as indicated under Column (C) of the tables in clauses (b), (c) and (d) of sub-regulation (3) of regulation 5 shall be payable to those officers who are provided with bank's accommodation.

(ii) Fixed Personal Allowance/Fixed Personal Pay for officers eligible for House Rent Allowance shall be (A)+(B)+House Rent Allowance as indicated in clauses (b), (c) and (d) of sub-regulation (3) of regulation 5 drawn by the concerned officer on the increment component of the relevant scale of pay as specified in sub- regulation (2) and (3) of regulation 4 is earned.

(iii) on and from the 1st day of November, 1999 there shall be no change in the schedule of release of Professional Qualification Pay as in Explanation (c) of sub-regulation (2) on account of release of Fixed Personal Pay:

Provided that where any installment of Professional Qualification Pay which on account of the earlier provisions has been shifted by a year and is scheduled for release on or after to 1st day of November, 1999, it shall be released to the officer on and from this date and second installment of Professional Qualification Pay, if any, shall be released on the 1st day of November, 2000.

(iv) the increment component of Fixed Personal Allowance/Fixed Personal Pay shall rank for superannuation benefits.

(e) an officer who has earned the advance increment as specified in clause (a) above shall draw the quantum of Fixed Personal Allowance/Fixed Personal Pay as mentioned in clauses (b), (c) or (d) above, one year after reaching the maximum of the scale.'

5. In the said regulations, in regulation 21, after sub-regulation (3), the following sub-regulation shall be inserted, namely: -

'(4) On and from the 1st day of November, 2002, Dearness Allowance Scheme shall be as under :-

(a) dearness allowance shall be payable for every rise or fall of 4 points over 2288 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960=100.

(b) during the period from the 1st day of November, 2002 to 31st day of January, 2005, dearness allowance shall be payable as per the following rates:-

(i ) 0.18% of 'pay' upto Rs.9,650 plus

(ii) 0.15% of 'pay' above Rs.9,650 and upto Rs.15,350 plus

(iii) 0.09% of 'pay' above Rs.15,350 and upto Rs.16,350 plus

(iv) 0.04% of 'pay' above Rs.16,350

(c) on and from the 1st day of February, 2005, dearness allowance shall be payable at 0.18% of pay.

Note: (A) "Pay" for the purpose of Dearness Allowance shall mean basic pay including Stagnation Increments.

(B) Professional Qualification Allowance or Professional Qualification Pay as specified in Explanations (c), (d) and (e) to sub-regulation (2) of regulation 5 shall rank for dearness allowance.'

6. In the said regulation, for regulation 22, the following regulation shall be substituted, namely:-

'22. House Rent Allowance - (1)(a) on and from the 1st day of November, 1999 where an officer is provided with residential accommodation by the Bank, a sum equal to 2.5% of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less, will be recovered from him.

(b) where an officer is not provided any residential accommodation by the Bank, he shall be eligible on and from the 1st day of November, 1999 the House Rent Allowance as specified in the Table below, namely:-

TABLE

Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him shall be the actual rent paid by him for his residential accommodation in excess over 2.5% of the pay in the first stage of the scale of pay in which he is placed or 150% of the House Rent Allowance payable as per column (2) of the above table, whichever is lower.

(2)(a) On and from the 1st day of November, 2002 where an officer is provided with residential accommodation by the Bank, a sum equal to 1.75% of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less, will be recovered from him.

(b) where an officer is not provided any residential accommodation by the bank, he shall be eligible on and from the 1st day of November, 2002 the House Rent Allowance as specified in the table below, namely: -42 THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) [PART III—SEC. 4 TABLE

Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him/her shall be the actual rent paid by him/her for the residential accommodation in excess over 1.75% of Pay in the first stage of the scale of pay in which he/she is placed with a maximum of 150% of the House Rent Allowance payable as per column (2) of the above Table.

(3) Where an officer resides in his own accommodation he shall be eligible for a House Rent Allowance on the same basis as mentioned in proviso to clause (b) of sub-regulation (1) and clause (b) of sub-regulation (2) as if he was paying by way of monthly rent a sum equal to one twelfth of the higher of (A) or (B) below:-

(A)

The aggregate of :-

i) Municipal taxes payable in respect of the accommodation; and

ii) 12% of the capital cost of the accommodation including the cost of the land and if the accommodation is part of a building, the proportionate share of the capital cost of the land attributable to that accommodation, excluding the cost of special fixtures, like air conditioners; or

(B)

The annual rental value taken for municipal assessment of the accommodation.

Explanation:

(1) For the purpose of this regulation "standard rent" means: -

(a) in the case of any accommodation owned by the Bank, the standard rent calculated in accordance with the procedure for such calculation in vogue in the Government:

(b) where accommodation has been hired by the bank, contractual rent payable by the bank or rent calculated in accordance with the procedure specified in (A) above, whichever is lower.

(2) "Pay" for the purpose of House Rent Allowance shall mean basic pay including stagnation increments.

(3) Professional Qualification Allowance or Professional Qualification Pay as the case may be, shall rank for House Rent Allowance with effect from the 1st day of November, 1994.

(4) For the purpose of sub-regulations (1) and (2) of this regulation and regulation 23, Area I and Area-II shall mean as under:-

Area I - Places with a population of more than 12 lakhs.

Area II - All places not included in Area-I.'

7. In the said regulations, for regulation 23, the following regulation shall be substituted, namely:-

'23. Other Allowances:-

(1) On and from the 1st day of November, 2002, an officer shall be eligible for the City Compensatory Allowance as specified in the table below, namely,

TABLE

(2) On and from the 1st day of November, 2002, the rates of special area allowance shall be as specified in the Schedule to these regulations.

(3) On and from the 1st day of November, 2002, if an officer is serving in an area to be specified as Project Area falling under Group A or Group B, he shall be eligible for a Project Area Compensatory Allowance at the rate of Rs.210 per month or Rs.185 per month according to the classification of area as Group A or Group B.

(4) On and from the 1st day of January, 2004, if an officer is transferred from one place to another in the midst of an academic year and if he has one or more children studying in school or college, in the former place, he shall be eligible for a mid-academic year transfer allowance at the rate of Rs.500 per month from the date he reports to the latter place upto the end of the academic year in respect of all the children studying:

Provided that such allowance shall cease if all the children cease studying at the former place.

(5) On and from the 1st day of June, 2005, if an officer is deputed to serve outside the bank, he may opt to receive the emoluments attached to the post to which he is deputed, or he may in addition to his pay, draw a deputation allowance at the rate of 7.75% of pay subject to a maximum Rs.1500 per month and such other allowances he would have drawn had he been posted in the bank's service at that place:

Provided that where he is deputed to an organisation which is located at the same place where he was posted immediately prior to his deputation, he shall receive a deputation allowance equal to 4% of his pay subject to a maximum Rs.750 per month:

Provided further that an officer on deputation to the Training Establishment of the bank as a faculty member shall be eligible for deputation allowance at the rate of 4% of his pay subject to a maximum Rs.750 per month.

(6) if an officer is required to officiate in a post in a higher scale for a continuous period of not less than seven days at a time or an aggregate of seven days during a calendar month, he shall receive an officiating allowance equal to 6% of his pay, pro-rata for the period for which he officiates and officiating allowance will rank as pay for purposes of Provident Fund and Pension only:

Provided that where an officer comes to officiate in a higher scale, as a consequence solely of the review of the categorization of posts under regulation 6, he shall not be eligible for the officiating allowance for a period of one year from the date on which the review of the categorization takes effect.

(7) If an officer is posted at a branch where books are closed on the 1st of April and 30th September, a closing allowance of Rs.250 for each of the two closings.

(8) On and from the 1st day of November, 2002, if the working hours during a day are split with minimum interval of two hours, an officer shall be eligible for a Split Duty Allowance at the rate of Rs.125 per month.

(9) If an officer is required to work as custodian of a vault or locker on a holiday, he shall be eligible for a Diem Allowance at the rate to which he is entitled.

(10) On and from the 1st day of November, 2002, an officer shall be eligible for the hill and fuel allowance as specified in the table below, namely:-

TABLE

Note : (a) officers posted at places with an altitude of not less than 750 metres and which are surrounded by hills with higher altitude which cannot be reached without crossing an altitude of 1000 metres or more, shall be paid hill and fuel allowance at the same rate as is payable at centers with an altitude of 1000 metres and above.

(b) Hill and Fuel Allowance presently paid at any centre not covered by the above classification shall stand withdrawn:

Provided that in respect of an officer who was posted in such a centre prior to 1st day of May, 1989 and remains posted at that centre even after that date, the quantum of allowance which he was drawing as on the 30th day of April, 1989 shall be protected and paid to him every month till the time he remains posted at that centre in the same scale of pay.'

8. In the said regulations, for regulation 24, the following regulation shall be substituted, namely :—

'24. Medical Aid :—

(1) An officer shall be eligible for reimbursement of medical expenses actually incurred by him in respect of himself and his family on the following basis, namely :—

(a) Medical Expenses:- On and from the 1st day of February, 2004, an officer shall be eligible for reimbursement of medical expenses for self and family on the strength of the officer's own certificate of having incurred such expenditure supported by a statement of accounts for the amounts claimed as specified in the table below, namely :-

TABLE

Note: (i) an officer may be allowed to accumulate unavailed medical aid so as not to exceed at any time three times the maximum amount provided above.

(ii) for the year 2004 the reimbursement of medical expenses under the medical aid scheme shall be enhanced proportionately for eleven months, i,e. from February 2004 to December 2004.

Explanation:- "Family" of an officer for the purpose of this regulation shall mean the family as defined in clause (g) of regulation 3.

(b)(i) Hospitalization charges shall be reimbursed to the extent of 100% in the case of an officer and 75% in the case of his family members in respect of all cases which require hospitalization.

(ii) on and from the 1st day of May, 2005, reimbursement of hospitalization expenses to an officer under this regulation shall be in accordance with the terms and conditions of Hospitalization Scheme laid down under the Bipartite Settlement dated the 2nd day of June, 2005 for workmen employees, subject to the limits as specified in the table below, namely:-

TABLE

(2) Notwithstanding the medical benefits(including hospitalization etc.) specified in sub-regulation (1) above, and in complete substitution of the same, the Board may decide to retain in an unaltered form medical benefits(including hospitalization, etc.) as available in the Bank on the appointed date and if the Board so decides, all officers shall be eligible for reimbursement of medical expenses only as per the terms & conditions obtaining in the bank on the appointed date for grant of medical benefits(including hospitalization, etc.)

(3) Medical Aid and Hospitalization facilities shall also be admissible to the officers who are placed under suspension.'

9 In the said regulations, for regulation 25, the following regulation shall be substituted, namely:-

'25. Residential Accommodation: (1) No officer shall be entitled as of right to be provided with residential accommodation by the Bank.

(2) It shall, however, be open to the Bank to provide residential accommodation to an officer on payment by the officer, on and from the 1st day of November, 2002, a sum equal to 1.75% of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less:

Provided that where the officer is provided with furniture at such residence, a further sum equal to 0.4% of basic pay in the first stage of the scale of pay in which he is placed, will be recovered by the Bank from him:

Provided further that, where such residential accommodation is provided by the bank, the charges for electricity, water, gas and conservancy shall be borne by the officer.'

10. In the said regulations, in regulation 41, – for sub-regulation (1), the following sub-regulation shall be substituted, namely:-

'(1) On and from the 2nd day of June, 2005, an officer shall be eligible for the following while travelling on duty, namely:-

(i) an officer in Junior Management Grade is entitled to travel by 1st Class or AC 2 tier Sleeper by train. He may, however, travel by air (economy class) if so permitted by the Competent Authority, having regard to the exigencies of business or public interest.

(ii) an officer in Middle Management Grade is entitled to travel by 1st Class or AC 2-tier Sleeper by train or he may travel by air (economy class) if the distance to be travelled is more than 1000 kms. or for a shorter distance if so permitted by the Competent Authority, having regard to the exigencies of business or public interest.

(iii) an officer in Senior Management or Top Executive Grade is entitled to travel by AC 1st Class by train or by air(economy class).

(iv) an officer in Senior Management or Top Executive Grade may travel by car between places not connected by air or rail provided that the distance does not exceed 500 kms. and when a major part of the distance between the two places can be covered by air or rail only the rest of the distance should normally be covered by car.

(v) any other officer may be authorized by the Competent Authority, having regard to the exigencies of business, to travel by his own vehicle or by taxi or by the Bank's vehicle.

(b) in sub-regulation (4), for clause (a), the following clause shall be substituted, namely:-

(a) Halting Allowance.- On and from the 1st day of June, 2005 an officer shall be entitled to per diem Halting Allowance as specified in the table below, namely :-

TABLE

Provided that in the case of officers in Scale-IV and above, halting allowance payable per diem while on outstation work at the four metros, viz. Delhi, Mumbai, Kolkata and Chennai, shall be Rs.700;

Provided further that where the total period of absence is less than eight hours but more than four hours, Halting Allowance at half the above rates shall be payable.

Explanation : For the purpose of computing Halting allowance 'per diem' shall mean each period of twenty four hours or any subsequent part thereof, reckoned from the reporting time for departure in the case of air travel and the scheduled time of departure in other cases, to the actual time of arrival and where the total period of absence is less than twenty four hours 'per diem' shall mean a period of not less than eight hours.'

11. In the said regulations, in regulation 42, for sub-regulation (3) the following sub- regulation shall be substituted, namely:-

'(3) On and from the first day of April, 1997, an officer on transfer shall be eligible to draw a lump sum amount for expenses connected with packing, local transportation, insuring the baggage, etc. as specified in the table below, namely,46 THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) [PART III—SEC. 4 TABLE

Provided that on and from the first day of May, 2005, the provisions of this sub-regulation shall have effect as if for the letters and figures "Rs.5000" and "Rs.4000", the letters, words and figures "Rs.8750" and "Rs.7000" had been respectively substituted.'

12. In the said regulations, for regulation 44, the following regulations shall be substituted, namely:-

'44 Leave Travel Concession:

(1) During each block of four years, an officer shall be eligible for leave travel concession for travel to his home town once in each block of two years, or; alternatively, he may travel in one block of two years to his home town and in another block of two years to any place in India by the shortest route.

(2) An officer, by exercising an option at anytime during a block of four years or two years, as the case may be, may also surrender and encash his Leave Travel Concession (other than travel to home town) upon which he shall be entitled to receive an amount equivalent to 75% of the eligible fare for the class of travel by train to which he is entitled upto a distance of 4500 kms. (one way) for officers in JMG Scale I and MMG Scale II and III and 5500 kms. (one way) for officers in SMG Scale-IV and above and while opting to encash his Leave Travel Concession shall prefer the claim for himself or herself and his or her family members only once during the block or term in which such encashment is availed off and the facility of encashment of privilege leave while availing of Leave Travel Concession shall also be available while encashing the facility of Leave Travel Concession.

(3) The mode and class by which an officer may avail of Leave Travel Concession shall be the same as the officer is normally entitled to travel on transfer and other terms & conditions subject to which the Leave Travel Concession may be availed of by an officer shall be as decided by the Board from time-to-time.

(4) Once in every four years when an officer avails of Leave Travel Concession, he may be permitted to surrender and encash his Privilege Leave not exceeding thirty days at a time, or, he may whilst travelling in one block of two years to his home town and in other block to any place in India, be permitted encashment of Privilege Leave with a maximum of fifteen days in each block or thirty days in one block and for the purpose of leave encashment all the emoluments payable for the month during which the Leave Travel Concession is availed, shall be admissible:

Provided that an officer at his option shall be permitted to encash one day's additional privilege leave for donation to the Prime Minister's Relief Fund subject to his giving a letter to the Bank to that effect and authorizing the Bank to remit the amount to the Fund.'PART III—SEC. 4] THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) 47

Schedule to Punjab National Bank (Officers) Service Regulations, 1979

(See, sub-regulation (2) of regulation 23)

With effect from the 1st day of November, 2002, an officer shall be eligible for the Special Area Allowance till such time they are withdrawn or modified either wholly or partially, as specified in the Table below, namely:-

TABLE

PUNIT JAIN GENERAL MANAGER – HRDD50 THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) [PART III—SEC. 4 Notes: The principal regulations were published in the official Gazette. The subsequent amendments were notified vide following notifications:

In exercise of the powers conferred by section 19, read with sub-section (2) of section 12 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), the Board of Directors of the Punjab National Bank, in consultation with the Reserve Bank of India and with the previous sanction of the Central Government, hereby makes the following regulations further to amend the Punjab National Bank (Officers') Service Regulations, 1979, namely:-

1. (1) These regulations may be called the Punjab National Bank (Officers') Service (Amendment) Regulations, 2017.

(2) They shall be deemed to have come into force with effect from the 1st day of November, 2007, except as otherwise provided in these regulations.

2. In the Punjab National Bank (Officers') Service Regulations, 1979 (hereinafter referred to as the said regulations), in regulation 3,-

(i) for clause (f), the following clause shall be substituted, namely:-

'(f) "family" means the spouse of the officer, wholly dependent unmarried children (including step children and legally adopted children), physically challenged brother or sister with forty per cent, or more disability and parents ordinarily residing with and wholly dependent on the officer'.

Explanation.- For the purposes of this clause a child or parent or physically challenged brother or sister shall be deemed to be dependent on the officer if the monthly income of such child, parent, brother or sister does not exceed Rs.3,500 per month.

Provided that if the income of one of the parents exceeds Rs.3,500 per month or the aggregate income of both the parents exceeds Rs.3,500 per month, both the parents shall not be considered as wholly dependent on the officer.'

(ii) Clause (o) shall be omitted.

3. In regulation 4 of the said regulations,-

(i) sub-regulation (4A) shall be omitted;

(ii) after sub-regulation (4A) as so omitted, the following sub-regulations shall be inserted, namely:-

"(5) With effect from the 1st November, 2007, the scales of pay specified against each grade shall be as under :

(a) Top Executive Grade

Scale VII = Rs.46800 – 1300/4 – 52000

Scale VI = Rs.42000 - 1200/4 – 46800

(b) Senior Management Grade

Scale V = Rs.36200 – 1000/2 – 38200 – 1100/2 - 40400

Scale IV = Rs.30600 – 900/4 – 34200– 1000/2 – 36200

(c) Middle Management Grade

Scale III = Rs.25700 - 800/5-– 29700 - 900/2 - 31500

Scale II = Rs.19400 - 700/1 - 20100 -800/10 - 28100

(d) Junior Management Grade

Scale I = Rs.14500-600/7- 18700-700/2- 20100- 800/7-25700.

Explanation.-Every officer who is governed by the scales of pay in force as on the 31st October, 2007 shall be fitted in the scale of pay set out in this sub-regulation as on 1st November, 2007 on stage to stage basis, i.e. on corresponding stages from first stage onwards in the respective scales and the increments shall fall on the anniversary date as usual except where provided otherwise.

(6) Nothing in sub-regulations (1), (2), (3), (4) and (5) shall be construed as requiring the Bank to have at all times, officers serving in all these grades.".

4. In regulation 5 of the said regulations, -

(a) for sub-regulation (1), the following sub-regulation, shall be substituted, namely: -

"(1) Subject to the provisions of sub-regulation (5) of regulation 4, on and from the 1st November, 2007, the increments shall be granted subject to the following, namely: -

(a) the increments specified in the scales of pay set out in sub-regulation (5) of regulation 4 shall, subject to the sanction of the Competent Authority, accrue on an annual basis and shall be granted on the first day of the month in which these fall due;

(b) officers in Junior Management Grade Scale I who have moved to scale of pay for Middle Management Grade Scale II after reaching maximum of the higher scale shall be eligible for four stagnation increments for every three completed years of service of which first two shall be Rs. 800 each and next two Rs. 900 each:

Provided that officers who have completed three years or more after receipt of the second stagnation increment as on 1st November, 2007 shall get the third stagnation increment on 1st November, 2007 and another stagnation increment on or after the 1st November, 2008 on their completion of six years after receipt of second stagnation increment;

(c) officers in Middle Management Grade Scale II who have moved to scale of pay for Middle Management Grade Scale III after reaching maximum of higher scale shall be eligible for three stagnation increments of Rs.900 each for every three completed years of service:

Provided that officers who have completed three years or more after receipt of the first stagnation increment as on the 1st November, 2007 shall get the next stagnation increment with effect from the 1st November, 2007 and a subsequent stagnation increment on or after the 1st November, 2008 on their completion of six years after receipt of the first stagnation increment:

Provided further the officers appointed to or promoted in substantive Middle Management Grade Scale III, shall be eligible for four stagnation increments of Rs.900 each for every three completed years of service or :

Provided also that the officers who have already received two stagnation increments and completed more than three years of service after receipt of second stagnation increment as on the 1st November, 2007 shall get the third stagnation increment on the 1st November, 2007 and the fourth stagnation increment, on or after the 1st November, 2008 on completion of six years after receipt of second stagnation increment.

Explanation.- Grant of such increments in the next higher scale under this sub-regulation shall not amount to promotion and the privileges, perquisites, duties and responsibilities of the officers shall continue as of their substantive posts.

(b) in sub-regulation (2),-

(i) in the Explanation, after clause (e) and before the Note, the following clause shall be inserted, namely:-

"(f) on and from the 1st day of November, 2007, other things being equal, the quantum of Professional Qualification Pay shall stand revised as under:-

TABLE

Provided that an Officer acquiring Junior Associate of Indian Institute of Bankers or Certified Associate of Indian Institute of Bankers (either or both parts) qualifications after reaching the maximum of the scale of pay, shall be granted from the date of acquiring such qualification the first installment of Professional Qualification Pay and the release of subsequent installments of Professional Qualification Pay shall be with reference to the date of release of first installment of Professional Qualification Pay:

Provided further that in a case where an officer, has already acquired any of the above qualifications and has not earned any increment or Professional Qualification Pay on account of acquiring such qualification, he may be granted the Professional Qualification Pay, with effect from the 1st November 2007 or the date of acquiring such qualification/s, whichever is later.";

(ii) in the Note, for clause (v), the following clause shall be substituted, namely:-

"(v) if an officer, as on the 27th April 2010 has already acquired any of the said qualifications referred to in clause (iv) and has not earned any increment or Professional Qualification Pay on account of acquiring such qualification, he shall be granted the Professional Qualification Pay, with effect from the 1st day of November, 2007 or the date of acquiring such qualification, whichever is later.";

(c) in sub-regulation (3),-

(i) after clause (d) and before the Note, the following clause shall be inserted, namely:-

"(e) on and from the 1st November, 2007, other things being equal, Fixed Personal Pay together with House Rent Allowance shall be at the following rates and shall remain frozen for the entire period of service:-

TABLE

(ii) in the Note, for clauses (i) and (ii), the following clauses shall be substituted, namely:-

"(i) Fixed Personal Allowance or Fixed Personal Pay as indicated under column (C) of the Table under clauses (b), (c), (d) or (e) shall be payable to those officers who are provided with bank's accommodation.

(ii) Fixed Personal Allowance or Fixed Personal Pay for officers eligible for House Rent Allowance shall be the aggregate amount specified under columns (A) and (B) of the Table under clause (e) and House Rent Allowance drawn by the concerned officer employees when the last increment of the relevant scale of pay as specified in sub-regulations (2), (3), (4) or (5) of regulation 4 is earned.";

(iii) clause (e) occurring after the Note shall be renumbered as sub-clause (v) thereof and for clause (v) as so numbered, the following clause be substituted, namely:-

"(v) An officer who has earned the advance increment as in clause (a) above shall draw the quantum of Fixed Personal Allowance/Fixed Personal Pay as mentioned in clauses (b), (c), (d) or (e) above, one year after reaching the maximum of the scale";

5. In regulation 21 of the said regulations, -

(i) in sub-regulation (3), the Note shall be omitted;

(ii) in sub-regulation (4), the Note shall be omitted;

(iii) after sub-regulation (4), the following sub-regulation and Note shall be inserted, namely:-

"(5) On and from the 1st day of November, 2007, dearness allowance shall be payable for every rise or fall of four points over 2836 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960=100 at 0.15% of Pay.

Explanation.- For the purposes of this sub-regulation,-

(a) "pay" for the purpose of Dearness Allowance shall mean basic pay including Stagnation Increments;

(b) Professional Qualification Allowance or Professional Qualification Pay as specified in Explanations (c), (d), (e) and (f) to sub-regulation (2) of regulation 5 shall rank for dearness allowance'.

6. In regulation 22 of the said regulations, for sub-regulations(1) and (2), the following sub-regulations shall be substituted, namely:-

"(1) on and from the 1st day of November, 2002,

(a) where an officer is provided with residential accommodation by the Bank, a sum equal to 1.75 per cent of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less, shall be recovered from him;

(b) where an officer is not provided any residential accommodation by the Bank, he shall be eligible for House Rent Allowance at the rates specified in the following table, namely:

TABLE

Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him shall be the actual rent paid by him for the residential accommodation in excess over 1.75 per cent of pay in the first stage of the scale of pay in which he is placed with a maximum of 150 per cent of the House Rent Allowance payable as per column (2) of the above Table.

(2) on and from the 1st day of November, 2007, -

(a) where an officer is provided with residential accommodation by the Bank, a sum equal to 1.20 per cent of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less, shall be recovered from him;

(b) where an officer is not provided any residential accommodation by the Bank, he shall be eligible for House Rent Allowance at the rates specified in the following table, namely: -

TABLE

Provided that if an officer produces a rent receipt, the House Rent Allowance payable to him shall be the actual rent paid by him for the residential accommodation in excess over 1.20 per cent of Pay in the first stage of the Scale of Pay in which he is placed with a maximum of 150 per cent of the House Rent Allowance payable as per aforesaid rates mentioned in column (2) above.

Note.- The claims of officers for House Rent Allowance linked to the cost of their ownership accommodation shall also be restricted to 150 per cent of House Rent Allowance as hitherto.";

7. In regulation 23 of the said regulations,-

(i) in sub-regulation (1), for the figures, letters and words "1st day of November 2002", the figures, letters and words "1st day of November 2007" shall be substituted;

(ii) in sub-regulation (2), for the figures, letters and words "1st day of November 2002, the figures, letters and words "1st day of November 2007" shall be substituted;

(iii) for sub-regulations (3), (4) and (5), the following sub-regulations shall be substituted, namely:-

"(3) On and from the 1st day of November, 2007, if an officer is serving in an area to be specified as Project Area falling in Group A or Group B, he shall be eligible for a Project Area Compensatory Allowance at the rate of Rs.290 per month or Rs.255 per month according to the classification of area as Group A or Group B.

(4) On and from the 1st day of November, 2007, if an officer is transferred from one place to another in the midst of an academic year and if he has one or more children studying in school or college, in the former place, he shall be eligible for a mid-academic year transfer allowance of Rs.700 per month from the date he reports to the latter place upto the end of the academic year in respect of all the children, provided that such allowance shall cease if all the children cease studying at the former place.

(5) On and from the 1st day of May, 2010, if an officer is deputed to serve outside the Bank, he may opt to receive the emoluments attached to the post to which he is deputed, or he may in addition to his pay, draw a deputation allowance at the rate of 7.75 per cent of pay subject to a maximum Rs.2300 per month and such other allowances he would have drawn had he been posted in the Bank's service at that place:

Provided that where he is deputed to an organisation which is located at the same place where he was posted immediately prior to his deputation, he shall receive a deputation allowance equal to 4 per cent of his pay subject to a maximum Rs.1200 per month:

Provided further that an officer on deputation to the Training Establishment of the Bank as a faculty member shall be eligible for deputation allowance at the rate of 4 per cent of his pay subject to a maximum Rs.1200 per month.";

(iv) for sub-regulation (8), the following sub-regulation shall be substituted, namely:-

"(8) on and from the 1st day of November 2007, if the working hours during a day are split with minimum interval of two hours, an officer shall be eligible for a Split Duty Allowance at the rate of Rs.165 per month.";

(v) in sub-regulation (10),-

(a) for the figures, letters and words "1st day of November 2002", the figures, letters and words "1st day of November, 2007" shall be substituted;

(b) for the Table, the following Table shall be substituted, namely:-

"TABLE

8. In regulation 24 of the said regulations, in sub-regulation (1), for clause (a), the following clause shall be substituted, namely:-

"(a) Medical Expenses.- On and from the 1st day of November 2007, an officer shall be eligible for reimbursement of medical expenses for self and family on the strength of the officer's own certificate of having incurred such expenditure supported by a statement of accounts for the amounts claimed as specified in the table below, namely:-

TABLE

Note.- (i) an officer may be allowed to accumulate unavailed medical aid so as not to exceed at any time three times the maximum amount provided above or;

(ii) for the year 2007, the reimbursement of medical expenses under the medical aid scheme shall be enhanced proportionately for two months, that is, November 2007 and December, 2007.

Explanation. - for the purposes of this regulation,-

(i) hospitalisation charges shall be reimbursed to the extent of 100 per cent in the case of an officer and 75 per cent, in the case of his family members in respect of all cases which require hospitalization or;

(ii) on and from the 1st day of May, 2010, reimbursement of hospitalisation expenses under this regulation shall be in accordance with the terms and conditions of Hospitalisation Scheme as laid down under the Bipartite Settlement dated the 27thday of April, 2010 for workmen employees, subject to the limits as specified in the table below, namely:-

TABLE

9. In regulation 25 of the said regulations, for sub-regulation (2), the following sub-regulation shall be substituted, namely:-

"(2) Notwithstanding anything contained in sub-regulation(1), it shall be open to the Bank to provide residential accommodation to an officer on payment by the officer, on and from the 1st day of November, 2007, a sum equal to56 THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) [PART III—SEC. 4 1.20 per cent, of the basic pay in the first stage of the scale of pay in which he is placed or the standard rent for the accommodation, whichever is less:

Provided that where the officer is provided with furniture at such residence, a further sum equal to 0.25 per cent of basic pay in the first stage of the scale of pay in which he is placed shall be recovered by the Bank from him:

Provided further that, where such residential accommodation is provided by the bank, the charges for electricity, water, gas and conservancy shall be borne by the officer.".

10. In regulation 36 of the said regulations, after sub-regulation (2), the following sub-regulation shall be inserted, namely :-

"(3) With effect from the 1st day of May 2010, within the overall period of 12 months, leave may also be granted in case of hysterectomy upto a maximum of 45 days.".

11. In regulation 41 of the said regulations, in sub-regulation (4), for clause (a), the following clause shall be substituted, namely:-

'(a) Halting Allowance – On and from the 1st day of May, 2010, an officer in the Grades or Scales set out in column (1) of the Table below shall be entitled to `per diem' Halting Allowance at the corresponding rates set out in column (2) thereof, namely:-

TABLE

Provided that in the case of officers in Scale IV and above, Halting Allowance payable per diem while on outstation work at the four metros, viz., Delhi, Mumbai, Kolkata and Chennai, shall be Rs.1200 and for officers in Scale I or II or III, the per diem Halting Allowance and shall be Rs.1000:

Provided further that where the total period of absence is less than eight hours but more than four hours, Halting Allowance at half the above rates shall be payable.

Explanation.- For the purpose of computing Halting allowance "per diem" shall mean each period of twenty-four hours or any subsequent part thereof, reckoned from the reporting time for departure in the case of air travel and the scheduled time of departure in other cases, to the actual time of arrival and where the total period of absence is less than twenty-four hours, "per diem" shall mean a period of not less than eight hours.'.

12. In regulation 42 of the said regulations, after sub-regulation (3), the following sub-regulation shall be inserted, namely:-

"(4) On and from the first day of May 2010, an officer on transfer shall be eligible to draw a lump sum amount for expenses connected with packing, local transportation, insuring the baggage, etc., as specified in the Table below, namely:-

"TABLE

13. In regulation 44 of the said regulations, in sub-regulation (3), the following proviso shall be inserted, namely:-

"Provided that with effect from the 1st May 2010, an officer in Junior Management Grade Scale I while availing Leave Travel Concession shall be entitled to travel by air in the lowest fare economy class in which case the reimbursement will be the actual fare or the fare applicable to AC First Class fare by train for the distance traveled, whichever is less and the same rules shall apply to an officer in Middle Management Grade Scale II and Middle Management Grade Scale III while availing Leave Travel Concession where the distance is less than 1000 kms.".

14. In regulation 45 of the said regulations, -PART III—SEC. 4] THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) 57 (i) in sub-regulation (1), the following proviso shall be inserted, namely:-

"Provided that there shall be no Provident Fund to Officers joining the services of the Banks on or after the 1st day of April, 2010.";

(ii) in sub-regulation (3), after clause (b) and before the Note, the following clause shall be inserted, namely:-

"(c) Officers who are covered under the Contributory Provident Fund Scheme who do not opt for Pension Scheme shall continue under the Contributory Provident Fund Scheme."; (iii) after sub-regulation(3), the following sub-regulation shall be inserted, namely:-

"(4) The officers joining the services of the Bank on or after the 1st day of April 2010 shall be covered by a Defined Contributory Pension Scheme, where the officer shall contribute ten per cent, of pay plus Dearness Allowance and the Bank shall make the similar amount of contribution in accordance with the provisions of the Contributory Pension Scheme in accordance with New Pension Scheme notified by the Central Government vide notification of the Government of India, F.No.5/7/2003-ECB & PR dated the 22nd December, 2003, as amended from time to time."

15. For the Schedule to the said regulations, the following Schedule shall be substituted, namely,:-

"Schedule to Punjab National Bank (Officers') Service Regulations, 1979

(See sub-regulation (2) of regulation 23)

With effect from the 1st day of November, 2007, an officer shall be eligible for the Special Area Allowance till such time they are withdrawn or modified either wholly or partially, as specified in the Table below, namely:-

TABLE

EXPLANATORY MEMORANDUM

The Regulations which have been given retrospective effect are as per the agreed terms and conditions of the Joint Notes signed between the Indian Banks' Association on behalf of member banks on the basis of specific mandate given by the respective banks in this regard and apex level officers' associations of the Banks. Therefore, interests of no person shall be adversely affected by such retrospective effect.

PUNIT JAIN General Manager – HRDD60 THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) [PART III—SEC. 4 Notes: The principal regulations were published in the official Gazette. The subsequent amendments were notified vide following notifications, namely :—

Canara Bank

Bangalore-560002, the 29th June 2017

No. HRW:IRS:228A:SJ:2914:2017—In exercise of the powers conferred by clause (f) of sub-section (2) of section 19 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 ( 5 of 1970), the Board of Directors of the Canara Bank in consultation with the Reserve Bank of India and with the previous sanction of the Central Government, hereby makes the following regulations further to amend the Canara Bank (Employees') Pension Regulations, 1995, namely :—

1. (1) These regulations may be called the "Canara Bank (Employees') Pension (Amendment) Regulations, 2017."

(2) Save as otherwise expressly provided in these regulations, they shall come into force on the date of their publication in the Official Gazette.

2. In the Canara Bank (Employees') Pension Regulations, 1995 (hereinafter referred to as the said regulations), -

In regulation 2, in clause (s), after sub-clause(c), the following sub-clause shall be inserted, namely :—

"(d) in relation to an employee who retired or died while in service on or after the first day of May, 2005 the basic pay including stagnation increments, if any, and Special pay, Graduation Pay, Professional Qualification Pay, increment component of Fixed Personal Pay and Officiating Pay, if any, drawn by the employee during the last ten months of his service in the Bank:

Provided that with effect from 1st day of May, 2005 the provisions of this clause shall have effect in relation to an employee who retired or died while in service on or after 1st day of April, 1998 but before 30th day of April, 2005."

3. In regulation 3 of the said regulations, for sub-regulation (4), the following sub-regulation shall be substituted, namely :—

"(4) (a) join the service of the bank on or after the notified date and on or before the 31st day of March, 2010:"

(b) after sub-regulation (10), the following sub-regulations shall be inserted, namely :—

"(11) were in the service of the Bank prior to the 29th September, 1995 and continue in the service of the Bank as on the 27th April, 2010 provided such employee meets the requirement and comply with the conditions laid down in the settlement;

(12) were in the service of the Bank prior to the 29th September, 1995 and retired after that date and prior to the 27th April, 2010 provided such employee meets the requirements and comply with the conditions laid down in the settlement;

(13) were in the service of the Bank, prior to the 29th September, 1995 retired after that date and had died in which case their family shall be entitled to the pension or the family pension, as the case may be under these regulations, if the family of the deceased meets the requirement and complies with the conditions laid down in the settlement;

(14) were in the service of the bank prior to the 29th September, 1995 and died while in service of the Bank after that date in which case their family shall be entitled to the pension or the family pension, as the case may be under these regulations, if the family of the deceased meet the requirement and complies with the conditions laid down in the settlement."

4. In regulation 28 of the said regulations, after the proviso, the following proviso shall be inserted, namely :—

"Provided further that employee who ceased to be in service on or after the 29th September, 1995 on account of voluntary retirement before attaining the age of superannuation but after rendering service for a minimum period of 15 years in accordance with the Scheme framed in this regard by the Board with the approval of the Government, shall be entitled to join the Pension Fund, subject to the compliance of the terms and conditions mentioned in the Scheme."

5. In regulation 36 of the said regulations,-

(a) in clause (c), the following proviso shall be inserted, namely :—

"Provided that on and from the 1st day of May, 2005 the amount of minimum pension, in respect of an employee, other than a part-time employee, who retired on or after the 1st April, 1998 but before the 31st October, 2002 shall be rupees one thousand and sixty per month and rupees three hundred and fifty five in respect of a part-time employee drawing 1/3 scale wages, rupees five hundred and thirty in respect of a part-time employee drawing ½ scale wages and rupees seven hundred and ninety five in respect of a part-time employee drawing ¾ scale wages, where the part-time employee retired on or after 1st day of April, 1998."

(b) after clause (c), the following clauses shall be inserted namely :—

"(d) rupees one thousand four hundred and thirty five per month in respect of an employee, other than a part-time employee, where the employee retired on or after 1st day of May 2005 and rupees four hundred and eighty per month in respect of a part-time employee drawing 1/3 scale of wages, rupees seven hundred and twenty per month in respect of part-time employee drawing ½ scale wages and rupees one thousand and eighty per month in respect of a part-time employee drawing ¾ scale wages, where the part-time employee retired on or after the 1st day of May 2005:

Provided that on and from the 1st day of May 2005 the provisions of this clause shall also apply to an employee including a part-time employee who retired on or after 1st November 2002 but on or before 30th April 2005.;

(e) rupees one thousand seven hundred and seventy nine per month in respect of an employee, other than a part- time employee, where the employee retired on or after 1st day of November 2007 and rupees five hundred and ninety five per month in respect of a part-time employee drawing 1/3 scale of wages, rupees eight hundred and ninety two per month in respect of part-time employee drawing ½ scale of wages and rupees one thousand three hundred and thirty nine per month in respect of a part-time employee drawing ¾ scale wages, where the part-time employee retired on or after the 1st day of November 2007."

6. In regulation 40, of the said regulations, in sub-regulation (4),-

(i) in clause (a), after sub-clause (iii), the following proviso and clauses shall be inserted, namely :—

'Provided that on and from the 1st day of May 2005 the provisions of this sub-clause shall have effect as if for the words "six thousand seven hundred and fifty six", the words "seven thousand and forty", had been substituted.;

(iv) nine thousand five hundred and sixty five rupees per mensem only in respect of employees, both officers and workmen, who retired or died on or after 1st day of May 2005;'

(v) Eleven thousand eight hundred and fifty six rupees per mensem only in respect of employees, both officers and workmen, who retired or died on or after 1st day of November 2007."

(ii) in clause (b), after sub-clause (iii), the following proviso and clauses shall be inserted, namely :—

'Provided that on and from the 1st day of May 2005 the provisions of this sub-clause shall have effect as if for the words "six thousand seven hundred and fifty six", the words "seven thousand and forty", had been substituted;

(iv) nine thousand five hundred and sixty five rupees per mensem only in respect of employees, both officers and workmen, who retired or died on or after 1st day of May 2005;'

(v) Eleven thousand eight hundred and fifty six rupees per mensem only in respect of employees, both officers and workmen, who retired or died on or after 1st day of November 2007.

(iii) in clause (c), after sub-clause (iii), the following proviso and clause shall be inserted, namely :—

'Provided that on and from the 1st day of May 2005 the provisions of this sub-clause shall have effect as if for the words "three thousand three hundred and seventy eight," the words "three thousand five hundred and twenty," had been substituted;

(iv) four thousand seven hundred and eighty three rupees per mensem only in respect of employees, both officers and workmen, who retired or died on or after 1st day of May 2005.'

(v) five thousand nine hundred and twenty eight rupees per mensem only in respect of employees, both officers and workmen, who retired or died on or after 1st day of November 2007.

7. For regulation 48 of the said regulations, the following regulations shall be substituted, namely :—

"48. Recovery of pecuniary loss caused to Bank :—

(1) The Competent Authority may withhold or withdraw a pension or a part thereof, whether permanently or for a specified period, and order recovery from pension of the whole or part of any pecuniary loss caused to the Bank if in any departmental or judicial proceedings the pensioner is found guilty of grave misconduct or negligence or criminal breach of trust or forgery or for acts done fraudulently during the period of his service:

Provided that the Board shall be consulted before any final orders are passed:

Provided further that where a part of pension is withheld or withdrawn the amount of pension drawn by a pensioner shall not be less than the minimum pension payable under these regulations:

Provided also that the departmental proceedings, if instituted while the employee was in service, shall, after the retirement of the employee, be deemed to be proceedings under these regulations and shall be continued and concluded by the authority by which they were commenced in the same manner as if the employee had continued in service.

(2) No departmental proceedings, if not instituted while the employee was in service, shall be instituted in respect of an event which took place more than four years before such institutions:

Provided that the disciplinary proceedings so instituted shall be in accordance with the procedure applicable to disciplinary proceedings in relation to the employee during the period of his service.

(3) Where the Competent Authority orders recovery of pecuniary loss from the pension, the recovery shall not ordinarily be made at a rate exceeding one-third of the pension admissible on the date of retirement of the employee."

8. In regulation 52 of the said regulations,-

(a) for sub-regulation (1), the following sub-regulation shall be substituted, namely :—

"(1) Except in the case of an employee to whom the provisions of regulation 34 or regulation 46 apply, a pension other than family pension shall become payable from the date following the date on which an employee retires."

(b) in sub-regulation (3), the following proviso shall be inserted, namely :—

"Provided that pension including family pension to those who opted to join the Bank Employees' Pension Scheme on or after the 27th April, 2010 shall be payable with effect from the 27th November, 2009."

9. For Appendix II to the said regulations, the following Appendix shall be substituted, namely :—

"Appendix II

(See regulation 37)

Dearness relief on basic pension shall be as under :—

(1) In the case of employees who were in the workmen cadre and who retired on or after the 1st day of January, 1986, but before the 1st day of November, 1992; and in the case of employees who were in the officers' cadre and who retired on or after the 1st day of January, 1986, but before the 1st day of July, 1993, dearness relief shall be payable for every rise or be recoverable for every fall, as the case may be, of every 4 points over 600 points in the quarterly average of the All India Average Consumer Price Index for Industrial Workers in the series 1960 = 100. Such increase or decrease in dearness relief for every said four points shall be calculated in the manner given below:-

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of basic pension The rate of dearness relief as a

per month

percentage of basic pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

(i) Upto Rs.1250

0.67 per cent

(ii) Rs. 1251/- to Rs. 2000/- 0.67 per cent of Rs. 1250/- plus 0.55 per cent of basic

pension in excess of Rs. 1250/-.

(iii) Rs. 2001/- to Rs. 2130/- 0.67 per cent of Rs. 1250/- plus 0.55 per cent of the difference between Rs. 2000/- and Rs. 1250/- plus 0.33 per cent of basic pension in excess of Rs. 2000/-.

(iv) Above Rs. 2130/-

0.67 percent of Rs. 1250/- plus 0.55 percent the difference between Rs. 2000/- and Rs. 1250/- plus 0.33 per cent of the difference between Rs. 2130/- and Rs. 2000/- plus 0.17 per cent of basic pension in excess of Rs. 2130/-.

(2) In the case of employees who are in workmen cadre and who retire on or after the 1st day of November, 1992; and in the case of employees who are in the officers' cadre and who retire on or after the 1st day of July, 1993, dearness relief shall be payable for every rise or be recoverable for every fall, as the case may be, of every 4 points over 1148 points in the quarterly average of All India Average Consumer Price Index for Industrial Workers in the series 1960 = 100. Such increase or decrease in dearness relief for every said four points shall be calculated in the manner given below :—

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of basic pension The rate of dearness relief as a

per month

percentage of basic pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

0.35 per cent

(i) Upto Rs. 2400/- (ii) Rs. 2401/- to Rs. 3850/- 0.35 percent of Rs. 2400/- plus 0.29 percent of basic

pension in excess of Rs. 2400/-

(iii) Rs. 3851/- to Rs. 4100/- 0.35 percent of Rs. 2400/- plus 0.29 percent of the difference between Rs. 3850/- and Rs. 2400/- plus 0.17 percent of basic pension in excess of Rs. 3850/- (iv) above Rs.4100/-

0.35 per cent of Rs. 2400/- plus 0.29 per cent of the difference between Rs. 3850/- and Rs. 2400/- plus 0.17 per cent of the difference between Rs. 4100/- and Rs. 3850/- plus 0.09 per cent of basic pension in excess of Rs. 4100/-

(3) In the case of employees who retire on or after the 1st day of April, 1998, dearness relief shall be payable for every rise or be recoverable for every fall, as the case may be, of every 4 points over 1616 points in the quarterly average of the All India Average Consumer Price Index for Industrial Workers in the series 1960=100. Such increase or decrease in dearness relief for every said four points shall be calculated in the manner given below :-

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of basic pension The rate of dearness relief as a

per month

percentage of basic pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

(i) Upto Rs. 3380/-

0.25 per cent

(ii) Rs. 3381/- to Rs. 5420/ 0.25 per cent of Rs. 3380/- plus 0.21 percent basic

pension in excess of Rs. 3380/-

(iii) Rs. 5421/- to Rs. 5770/- 0.25 per cent of Rs. 3380/ plus 0.21 percent of the difference between Rs. 5420/- and Rs. 3380/- plus 0.12 per cent of basic pension in excess of Rs. 5420/-.

(iv) Above Rs. 5770/-

0.25 per cent of Rs. 3380/- plus 0.21 percent of the difference between Rs. 5420/- and Rs. 3380/- plus 0.12 per cent of the difference between Rs. 5770/- and Rs. 5420/- plus 0.06 per cent of basic pension in excess of Rs. 5770/-.

Provided that on or from the 1st day of May 2005 in the case of employees who retire on or after the 1st day of April 1998 but on or before the 31st October 2002, dearness relief shall be payable for every rise or be recoverable for every fall, as the case may be, of every 4 points over 1684 points in the quarterly average of the All India Average Consumer Price Index for Industrial Workers in the series 1960=100. Such increase or decrease in dearness relief for every said 4 points shall be calculated in the manner given below:

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of basic pension The rate of dearness relief as a

per month

percentage of basic pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

(i) Upto Rs. 3550/-

0.24 per cent

(ii) Rs. 3551/- to Rs. 5650/- 0.24 per cent of Rs. 3550/- plus 0.20 per cent basic

pension in excess of Rs. 3550/-

(iii) Rs. 5651/- to Rs. 6010/- 0.24 per cent of Rs. 3550/- plus 0.20 per cent of the difference between Rs. 5650/- and Rs. 3550/- plus 0.12 of basic pension in excess of Rs. 5650/- (iv) Above Rs. 6010/-

0.24 per cent of Rs. 3550/- plus 0.20 per cent of the difference between Rs. 5650/- and Rs. 3550/- plus 0.12 per cent of the difference between Rs. 6010/- and Rs. 5650/- plus 0.06 per cent of basic pension in excess of Rs. 6010/-PART III—SEC. 4] THE GAZETTE OF INDIA, JANUARY 13, 2018 (PAUSA 23, 1939) 65 (4) In respect of employees who retire on or after the 1st day of May, 2005, dearness relief shall be payable for every rise or be recoverable for every fall, as the case may be, of every 4 points over 2288 points in the quarterly average of the All India Average Consumer Price Index for Industrial Workers in the series 1960=100. Such increase or decrease in dearness relief for every said 4 points shall be calculated at the rate of 0.18 per cent of basic pension:

Provided that on and from the 1st day of May 2005, in respect of employees who retired on or after 1st day of November 2002 but on or before 30th day of April 2005, dearness relief shall be payable in terms of this clause:

Provided further that in respect of employees who retired on or after the 1st day of November 2007, Dearness Relief shall be payable for every rise or be recoverable for every fall, as the case may be, of every 4 points over 2836 points in the quarterly average of the All India Average Consumer Price Index for Industrial Workers in the series 1960=100. Such increase or decrease in dearness relief for every said 4 points shall be calculated at the rate of 0.15 per cent of basic pension.

(5) Dearness relief shall be payable for the half year commencing from the 1st day of February and ending with the 31st day of July on the quarterly average of the index figures published for the months of October, November and December of the previous year and for the half year commencing from the 1st day of August and ending with the 31st day of January on the quarterly average of the index figures published for the months of April, May and June of the same year.

(6) In the case of family pension, invalid pension and compassionate allowance, dearness relief shall be payable in accordance with the rates mentioned above.

(7) Dearness relief will be allowed on full basic pension even after commutation. (8) Dearness relief is not payable on additional pension. (9) Pensioner whose basic pension is less than minimum pension but the aggregate of basic pension and additional pension is more than the minimum pension shall draw dearness relief as applicable to minimum pension.".

10. For Appendix III to the said regulations, the following Appendix shall be substituted, namely :—

"Appendix III

(See Regulation 39)

The ordinary rates of family pension shall be as under :—

(a) In respect of employees other than part-time employees, where the employee was in the workmen cadre and retired before the 1st day of November, 1992 or where the employee was in the officers' cadre and retired before the 1st day of July, 1993 :—

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of pay per month Amount of monthly Family pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

Upto Rs. 1500/-

30 per cent of the Pay shall be the basic family pension plus 30 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall not be less than Rs. 375/- per month.

Rs. 1501/- to Rs. 3000/-

20 per cent of the Pay shall be the basic family pension plus 20 percent of allowances which are counted for making contributions to Provident Fund but not dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall not be less than Rs. 450/- per month.

Above Rs. 3000/-

15 per cent of the Pay shall be the basic family pension plus 15 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall not be less than Rs. 600/- per month and not more than Rs. 1250/- per month.

(b) In respect of employees other than part-time employees, where the employee was in the workmen cadre and retired on or after the 1st day of November, 1992 or where the employee was in the officers' cadre and retired on or after the 1st day of July 1993 :—

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of pay per month Amount of monthly Family pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

Upto Rs. 2870/-

30 per cent of the Pay shall be the basic family pension plus 30 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 720/- per month.

Rs. 2871/- to Rs. 5740/-

20 per cent of the Pay shall be the basic family pension plus 20 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 860/- per month.

Above Rs. 5740/-

15 per cent of the Pay shall be the basic family pension plus 15 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 1150/- per month and a maximum of Rs. 2400/- per month.

(c) In respect of employees (both officers and workmen) other than part-time employees retiring on or after the 1st day of April, 1998 :—

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of pay per month Amount of monthly Family pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

Upto Rs. 4040/-

30 per cent of the Pay shall be the basic family pension plus 30 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall not be less than Rs. 1015/- per month.

Rs. 4041/- to Rs. 8080/-

20 per cent of the Pay shall be the basic family pension plus 20 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall not be less than Rs. 1212/- per month.

Above Rs. 8080/-

15 per cent of the Pay shall be the basic family pension plus 15 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall not be less than Rs. 1616/- per month and a maximum of Rs. 3378/- per month:

Provided that on and from the 1st day of May, 2005 in respect of the employees (both officers and workmen), other than part time employees, who retired on or after the 1st day of April 1998 but on or before the 31st day of October, 2002, the ordinary rate of family pension shall be as under :—

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of pay per month Amount of monthly Family pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

Up to Rs. 4210/-

30 per cent of the Pay shall be the basic family pension plus 30 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance, shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 1056/- p.m.

Rs. 4211/- to Rs. 8420/-

20 per cent of the Pay shall be the basic family pension plus 20 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance, shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 1262/- p.m.

Above Rs. 8420/-

15 per cent of the Pay shall be the basic family pension plus 15 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance, shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 1687/- p.m. and a maximum of Rs. 3521/- p.m.

(d) In respect of employees (both officers and workmen) other than part-time employees retiring on or after the 1st day of the May 2005 :—

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of pay per month Amount of monthly Family pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

Upto Rs. 5720/-

30 per cent of the Pay shall be the basic family pension plus 30 per cent of allowance which are counted for making contribution to Provident Fund but not for dearness allowance, shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 1435/- p.m.

Rs. 5721/- to Rs. 11440/- 20 per cent of the Pay shall be basic family pension plus 20 per cent of allowance which are counted for making contributions to Provident Fund but not for dearness allowance, shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to minimum of Rs. 1715/- p.m.

Above Rs. 11440/-

15 per cent of the Pay shall be the basic family pension plus 15 per cent of allowances which are counted for making contributions to Provident Fund but not for the dearness allowance, shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 2292/- p.m. and maximum of Rs. 4784/- p.m.

Provided that on and from the 1st day of May 2005, in respect of employees who retired on or after the 1st day of November 2002 but on or before the 30th April 2005, ordinary rates of family pension shall be in terms of this clause.

(e) In respect of employees (both officers and workmen) other than part-time employees retiring on or after the 1st day of November 2007 :—

-------------------------------------------------------------------------------------------------------------------------------------------------------

Scale of pay per month Amount of monthly Family pension

(1)

(2)

-------------------------------------------------------------------------------------------------------------------------------------------------------

Upto Rs. 7090/-

30 per cent of the Pay shall be the basic family pension plus 30 per cent of allowance which are counted for making contribution to Provident Fund but not for dearness allowance, shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 1779/- p.m.

Rs. 7091/- to Rs. 14180/- 20 per cent of the Pay shall be basic family pension plus 20 per cent of allowance which are counted for making contributions to Provident Fund but not for dearness allowance, shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to minimum of Rs. 2186/- p.m.

Above Rs. 14180/-

15 per cent of the Pay shall be the basic family pension plus 15 per cent of allowances which are counted for making contributions to Provident Fund but not for the dearness allowance, shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 2841/- p.m. and maximum of Rs. 5930/- p.m.

Notes :—

(1) Dearness relief is not payable on additional family pension.

(2) Scale of pay for the purpose of calculation of family pension as above shall be the aggregate of Pay as defined in clause (s) of regulation 2 and allowances as defined in the Explanation to sub-regulation (3) of regulation 35.

(3) In the case of a part-time employee, the minimum amount of family pension and maximum amount of family pension shall be in proportion to the rate of scale wages drawn by the employee.

(4) In case the aggregate of basic family pension and additional family pension falls short of minimum pension the pensioner may be given minimum family pension and dearness relief may be paid on such minimum family pension. However, no additional family pension shall be payable over and above the minimum family pension.".

EXPLANATORY MEMORANDUM

The Regulations which have been given retrospective effect are as per the agreed terms and conditions of the settlements and Joint Notes signed between the Indian Banks' Association on behalf of member banks on the basis of specific mandate given by the respective banks in this regard and apex level workmen unions and officers' associations of the Banks. Therefore, interests of no person shall be adversely affected by such retrospective effect.

K VIRUPAKSHA General Manager

Note: The Principal Regulations were published in the Gazette of India on 29.09.1995 and subsequently amended as under:—

SL. No. Notification Number Date

1 IRS G -228 9348

01.05.1999

2 IRS G- 228 (Corrigendum)

07.08.1999

3. IRS 228 A 3812 RS

30.11.2002

4. PW IRS 1 3513 2010

20.11.2010

5. HRW IRS SJ 1 2305 2013

22.02.2014

मुद्रण निदेशालय द्वारा, भारत सरकार मुद्रणालय, एन.आई.टी. फरीदाबाद में अपलोड एवं प्रकाशन नियंत्रक, दिल्ली द्वारा ई-प्रकाशित, 2018

UPLOADED BY DIRECTORATE OF PRINTING AT GOVERNMENT OF INDIA PRESS, N.I.T. FARIDABAD AND E-PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI, 2018

www.dop.nic.in

DOPGIPF—[PART III—SEC.4]