PANJAB UNIVERSITY CHANDIGARH
From
The Finance & Development Officer
Panjab University, Chandigarh.
To
1. All the Head of Depts/Branches/Offices P.U., Chandigarh.
2. R.A.O./R.S.A
3. Chairperson, Teaching & Non Teaching Departments/branches
4. Incharge Data Entry Unit
N0. A/4194-4393 Dated:-: 18th/21st May,2012
Dear Sir/Madam
In pursuance of the regulation No. 1.6 of Panjab University Employees (Pension) Regulation and the decision of the Board of Finance dated 21.2.2012, Vice-Chancellor is pleased to adopt the circular of Punjab Govt. Notification No.3/23/09/3FPPC/1402 dated 22.12.2011 with respect to grant of old age allowance. The Vice-Chancellor further approved to grant the benefit of leave travel concession as per regulation 6.2 of Panjab University Employees (Pension) Regulation. These benefits shall be allowed with effect from 1.5.2012.
Thanking you
Yours faithfully,
sd/
Assistant Registrar (Accounts)
===================================================
Punjab Govt. Notification No.3/23/09/3FPPC/1402 dated 22.12.2011 referred to in the Circular above is being reproduced below for reader's convenience.--GURKIRPAL SINGH SEKHON
====================================================
No.3/23/09-3FPPC/1402
Governmrnt of Punjab
Department of Finance
(Finance Pension Policy & Coordination Branch)
Dated Chandigarh, the 22nd December 2011.
To
All Heads of Departments,
Commissioners of Divisions,
Registrar High Court of Punjab and Haryana,
District and Sessions Judges and,
Deputy Commissioners of the State.
Subject:Grant of Old Age Allowance to Pensioners/Family pensioners
Sir/Madam
I am directed to invite a reference to Punjab
Government Letter No. 3/23/09-3FPPC/879,
dated 17 August, 2009 and to say that the Governor of Punjab is pleased to
decide that the quantum of pension available to the old age pensioners/family
pensioners, shall be further increased as under:-
Age of pensioner/family pensioner
|
Additional quantum of pension/family pension
|
From 65 years to less than 70 years
|
5 per cent of the revised basic pension/family pension
|
From 70 years to less than 75 years
|
10 per cent of the revised basic pension/family pension
|
From 75 years to less than 80 years
|
15 per cent of the revised basic pension/family pension
|
From 80 years to less than 85 years
|
20 per cent of the revised basic pension/family pension
|
From 85 years to less than 90 years
|
30 per cent of the revised basic pension/family pension
|
From 90 years to less than 95 years
|
40per cent of the revised basic pension/family pension
|
From 95 years to less than 100 years
|
50 per cent of the revised basic pension/family pension
|
100 years and above
|
100 per cent of the revised basic pension/family pension
|
2. These orders shall come into force with rffect from
1st December,2011. The enhanced rates shall be applicable
prospectively and there shall be no element, whatsoever, of retrospectivity in
this regard and there shall be no question of payment of arrears or of notional
benefits from any previous date.
3. The other terms and conditions regarding grant of pension and other
retirement benefits shall remain unchanged.
4. Necessary amendments in rules shall be made in due course of time.
5. Punjabi version of these orders shall follow in due course of time.
Yours faithfully
Sd/-
(USHA SEHGAL)
Joint Secretary Finance
No.3/23/09-3FPPC/1403 Dated
Chandigarh, the 22nd Dec. 2011
A copy is forwarded to:
1. The Principal Accountant General (Audit), Punjab,
Chandigarh.
2. The Principal Accountant General (A & E), Punjab,
Chandigarh.
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