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ANDHRA PRADESH REVISED PENSION RULES, 1980 (As ... - APHB

ANDHRA PRADESH REVISED PENSION RULES, 1980 (As ... - APHB

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R - 36<br />

service under that body w.e.f. a date prior to 16-6-1967 be paid an amount<br />

equal to what Government would have contributed had the officer been on<br />

contributory provident fund terms under Government, together with simple<br />

interest thereon at 2% for the period of his pensionable service under<br />

Government. In such cases the interest (2%) on the total balance of contribution<br />

should be calculated for the entire period of pensionable service of the<br />

Government servant rendered prior to his permanent absorption in an<br />

autonomous body. The amount is to be credited to his C.P. Fund account<br />

with the autonomous body as an opening balance on the date of permanent<br />

absorption and Government’s liability in respect of the Officer’s pensionable<br />

service under them would be treated as extinguished by this payment. This<br />

decision applies, however, only where the permanent transfer from<br />

Government service to an autonomous body is in the public interest and the<br />

transfer is to a Government or to a quasi-Government Corporation or an<br />

autonomous body and not to a private institution. In all other cases, Government<br />

will not accept any liability to pay any retirement benefits for the period of<br />

service rendered by the officer before his transfer. The concession is not to<br />

be claimed as a matter of right but is sanctioned at the discretion of<br />

Government in individual cases where it is merited, and each case has to be<br />

referred to the Department of personnel and the Ministry of Finance.<br />

Retirement Benefits - Transfer to new account :<br />

3. Credit to the Contributory Provident Fund Account of the Government<br />

servant permanently absorbed in the service of a body corporate wholly or<br />

partially owned by Government, as indicated above, was to be given as an<br />

opening balance on the date of absorption, in cases of those permanently<br />

absorbed upto 17-8-1964. In cases of those absorbed thereafter, the credit<br />

was only to be given either after the Government servant had rendered five<br />

years service under that body (including any period of service rendered<br />

immediately before permanent absorption) or on the date on which he would<br />

have retired had he continued in Government service, whichever was earlier.<br />

Transfer of Provident Fund Balances:<br />

3A. (i) According to Explanation III below Rule 31 of the General<br />

Provident Fund Rules and corresponding Rule 33 of Contributory Provident<br />

Fund Rules (India), 1962 which provides that when a subscriber is transferred,<br />

without any break, to service under a body corporate owned or controlled by<br />

Government, the amount of subscription, together with interest thereon, shall<br />

not be paid to him but shall be transferred, with the consent of that body, to his<br />

64

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