PANJAB UNIVERSITY, CHANDIGARH
From: The Registrar, Panjab University, Chandigarh
1. All Deans/directors, 2. All heads of teaching departments, Chandigarh/outstations.
3. All Librarian,Chandigarh/outstations.
No. 7293-7443/A Dated: 14-06-2013
This is to inform you that the Senate at its meeting held on 24.03.2013 (paragraph XXIII) resolved as follows:
1. The teachers who retired on attaining the age of 60 years but continued in service due to pendency of court cases for enhancement in age of retirement, be allowed to be paid a simple interest @ 8.5% p.a. on the amount already paid in terms of the decision of the Syndicate vide Para 9 dated 26.07.2009 w.e.f. the date up to which interest already been paid, i.e., one year after the date of leaving service to the month of actual payment, subject to the condition that they would have to give an under taking that they have received full and final payment and their claim regarding interest on PF/GPF has been settle[d] finally.
The heads of all departments are requested to inform the teachers of their departments who retired on attaining the age of 60 years but continue[d] in service due to the Court case for enhancement in age of retirement.
(A K Bhandari)
I hereby undertake that I have received full and final payment of interest on PF/GPF @ 8.5% p.a. simple interest beyond the period of one year after the date of leaving University Service to the month of actual payment. I have no further claim whatsoever regarding interest on PF/GPF as it has been settled finally.
PF/GPF A/c No:
Savings Bank A/c No: