Pension office expense adjustment increases the statutory annual allowance for retiring vice presidents under the Act. Amendment substitutes the existing annual monetary rate in sub section (2)(c) of section 2 of the Vice President's Pension Act, 1997, raising the statutory annual allowance payable for office expenses to retiring Vice Presidents; the substituted rate is stated to have effect from the first day of April, 2018.
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Provisions expressly mentioned in the judgment/order text.
Pension office expense adjustment increases the statutory annual allowance for retiring vice presidents under the Act.
Amendment substitutes the existing annual monetary rate in sub section (2)(c) of section 2 of the Vice President's Pension Act, 1997, raising the statutory annual allowance payable for office expenses to retiring Vice Presidents; the substituted rate is stated to have effect from the first day of April, 2018.
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