Pension choice: Chairperson and Members may opt for New Pension Scheme, annuitization, or corpus withdrawal. Pension provision grants the Chairperson and Members an explicit election among three mutually exclusive options: governance by the New Pension Scheme, annuitization of benefits, or complete withdrawal of the accumulated corpus together with accretion, thereby defining the form in which retirement benefits will be delivered under their terms of service.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Pension choice: Chairperson and Members may opt for New Pension Scheme, annuitization, or corpus withdrawal.
Pension provision grants the Chairperson and Members an explicit election among three mutually exclusive options: governance by the New Pension Scheme, annuitization of benefits, or complete withdrawal of the accumulated corpus together with accretion, thereby defining the form in which retirement benefits will be delivered under their terms of service.
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