Bare ActsKerala Cooperative Societies Employees Self Financing Pension Scheme, 1994

Section 19

Qualifying Service.

Amendment status not verified — confirm the current text below against the official source.

Qualifying service for granting pension under the Scheme shall be- (1)(a) in the case of an employee who was in the service of a society on the date of application of this Scheme to that society the length of service commencing from the date of joining the Contributory Provident Fund: [Provided that the qualifying service shall be limited to the period for which the employer's contribution towards the Provident Fund has been fully paid by the Society in respect of that employee. 3A[In the case of part-time contingent employees, commission agents, employees not in the regular posts, but who were absorbed in regular service, qualifying service shall be reckoned by counting 50% of part-time/other services.] Provided further that where the employee was a Subscriber to any pre-existing Provident Fund Scheme implemented in that Society and contribution made thereon has been transferred to the Pension Fund, such period will also qualify for pension. Provided also that an employee who was on probation and on whose behalf the Contributory Provident Fund contribution has not been. remitted at the time of implementation of the scheme, such period of probation shall also qualify for pension, if proportionate employers' contribution together with interest thereon has been credited to the Pension Fund.] (b) in the case of an employee who has entered into service of a society on or after the date of application of this Scheme to that society, the service from the date of entry into service. (2) The service of an employee of a society in another society shall be treated as qualifying service, provided the other society has transferred to the Pension Fund the employer's contribution paid to the Provident Fund by the society in respect of that employee for the period the employee was in the service of that other society, or the employee has refunded to the Pension Fund the amount of employer's contribution in the Provident Fund, if any, received by him from that other society. (3) The period spent on leave except leave without allowances shall be counted for qualifying service. (4) The period spent on training by an employee shall be treated as qualifying service. (5) The period under suspension of such extent of that period as declared the competent authority to be counted shall be treated as qualifying service. (6) Any period of break in service and service prior to 18 years and beyond years shall not be counted for reckoning qualifying service. Substituted by SRO 271/2001 w.e.f 1-4-1998. Inserted by Kerala Co-operative Employees Self Financing Pension (Amendment) Scheme, 2010 as S. R. O. No. 1034/2010 in K. G. Ext. No. 2518 dt. 10/11/2010.

Section 19 – Kerala Cooperative Societies Employees Self Financing Pension Scheme, 1994 | DailyLaw.ai