Bare ActsKerala Cooperative Societies Employees Self Financing Pension Scheme, 1994

Section 22A

[Option for commutation.

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

An employee eligible for pension may, in lieu of pension normally admissible, opt to commute upto a maximum of 1/4th (One fourth) of his basic pension so as to receive commuted value of pension at the rate fixed by Government from time to time as applicable to Government Employees.] Inserted by SRO 271/2000.

Section 22A – Kerala Cooperative Societies Employees Self Financing Pension Scheme, 1994 | DailyLaw.ai