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State Bank of India Employees Pension Fund Amendment Regulations 2020

State Bank of India Employees Pension Fund Amendment Regulations 2020

STATE BANK OF INDIA

NOTIFICATION

Mumbai, the 3rd December, 2020

F. No.HR/PPG/SKN/2020-21/206.—In exercise of the powers conferred by clause (o) of sub-section (2) of section 50 of the State Bank of India Act, 1955 (23 of 1955), the Central Board after consultation with the Reserve Bank and with the previous sanction of the Central Government, hereby makes the following regulations further to amend the State Bank of India Employees’ Pension Fund Regulations, 2014, namely:—

1. Short title and commencement.—(1) These regulations may be called the State Bank of India Employees’ Pension Fund (Amendment) Regulations, 2020.

(2) They shall come into force with effect from the date of publication of this notification in the in the Official Gazette.

2. In the State Bank of India Employees’ Pension Fund Regulations, 2014, in regulation 17, after the words “attested by a Magistrate or Banker”, the following words shall be inserted, namely:—

“or by a digital life certificate through video-based identification.” .

RAJESH KUMAR MISHRA,
Chief General Manager (HR)

Note: The principal regulations were published in the Gazette of India, Extraordinary, Part III, Section 4, dated the 18th September, 2014 vide notification number F. No. CDO/PM/16/ SPL/ 1136, dated the 15th September, 2014 and were subsequently amended by notification numbers BOD&GO/VVK/470, dated the 4th October, 2017 and notification number HR/PPG/PA/19-20/122, dated the 1st June, 2019.

Wage Revision for employees and officers of Regional Rural Banks consequent to 11th Bipartite Settlement

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