Amendment status not verified — confirm the current text below against the official source.
If a Principal/Teacher including the one appointed temporarily or on probation is dismissed or removed from service, the college shall send an intimation to the University, giving reasons, etc., within two weeks. 11.1. A permanent teacher may, at any time, terminate his engagement by giving the Governing Body three months’ notice in writing or three months’ salary in lieu thereof. 11.2. During the period of probation and when a teacher is holding a temporary appointment, the notice period required on either side shall be one month. 11.3. The period of summer vacation shall count towards notice period, and the salary in lieu thereof shall not be in addition to the summer vacation salary, but the teacher shall be entitled to the summer vacation salary, as admissible under the rules, or salary in lieu of notice period, whichever is higher. 12.1. For the benefit of the employees every college shall establish a Provident Fund for which it shall follow the general pattern of the Provident Fund Rules as may be laid down by the Syndicate. 12.2. Every whole time employee of the college appointed against a substantive post, shall, as a condition of his service, be required to become a depositor in the college Provident Fund. *12.3. The rate of subscription of an employee shall be 10 per cent of his +salary. He may, however, be permitted to subscribe towards non-contributory Provident Fund, provided the total subscription towards Provident Fund, i.e. contributory (10 per cent) as well as non-contributory shall not exceed 60% of the monthly +salary of the subscriber. The contribution of the college towards the Provident Fund of a teacher shall be 10 per cent of his +salary and this shall be contributed at the end of each month. The college shall pay interest and the amount of such interest shall be placed monthly to the credit of each depositor. When the calculation involves paise amounting to less than 50 it shall be ignored and when it amounts to 50 paise or more, full rupee shall be deducted. Provided that where a higher rate of Provident Fund contribution already prevails, it shall not be reduced without the consent of the University. The monthly rate of +salary of a teacher during any college year shall be taken to be that at which he draws +salary for the month of the college year. N.B. - The College year is from 1st April to 31st March. 13.1. (i) In addition to the benefits of the Provident Fund a teacher at the time of retirement shall be granted by the Governing Body, a gratuity of a sum equivalent to one fourth of his **’Pay’ last drawn for each completed six monthly period of qualifying AFFILIATED COLLEGES * To take effect from the year 1984-85. + Salary (for CPF deductions) means ‘Pay’ plus all allowances, excluding house rent allowance. ** ’Pay’ as defined by the Punjab Govt. from time to time. 174 service subject to 16 1/2 (sixteen and half) times the ** ‘Pay’ provided that in no case gratuity shall exceed the amount as fixed by the Punjab Government from time to time for its employees. In the event of death of a teacher while in service the gratuity shall be subject to a minimum of 12 times the **’Pay’ of the teacher drawn at the time of his death provided that in no case shall it exceed the amount as fixed by Punjab Govt. from time to time for its employees. (ii) A teacher shall have the option to be governed by the old provisions unless he opts to be governed by the new Regulations within one year from the date the amended regulations come into force. 13.2. A teacher who has put in not less than 20 years’ qualifying service may, giving three months’ notice in writing to the appropriate authority be permitted to retire from the service voluntarily. The appropriate authority may in special cases reduce or waive the period of notice. 13.3. A notice of voluntary retirement may be withdrawn subsequently only with the approval of the appropriate authority provided the request for such withdrawal is made before the expiry of the period of notice. 13.4. A notice of voluntary retirement, given after completion of 20 years’ qualifying service will require acceptance by the appropriate authority if the date of retirement, on the expiry of the notice would be earlier than the date on which the employee concerned could have retired voluntarily under the existing provisions of Regulations. Such acceptance may generally be given in all cases except those (a) in which disciplinary proceedings are pending or contemplated against the teacher concerned for the imposition of a major penalty and the disciplinary authority having regard to the circumstances of the case, is of the view that the imposition of the penalty of removal or dismissal from service would be warranted in the case; or (b) in which prosecution is contemplated or may have been launched in a court of law against the teacher concerned. If it is proposed to accept the notice of voluntary retirement even in such cases, approval of the Governing Body shall be obtained. Even where the notice of voluntary retirement given by a teacher requires acceptance by the appropriate authority, the teacher giving notice may presume acceptance and the retirement shall be effective in terms of the notice unless the Governing Body issues an order to the contrary before the expiry of the period of notice. 13.5. While granting gratuity to a teacher retiring voluntarily, weightage of up to five years would be given as an addition to the qualifying service actually rendered by him. The grant of weightage of up to five years will, however, be subject to the condition that the total qualifying service after allowing the weightage should not in any event exceed 30 years of service. Explanation: Qualifying service means continuous service rendered to the College by a teacher other than in a temporary or ad hoc capacity. (ii) LEAVE RULES .