Section 46 of DU Act : Section 46: Pension And Provident Funds

DU Act

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Explanation using Example

Imagine a scenario where Dr. Sharma, a long-serving professor at Delhi University, is approaching retirement age. Under Section 46(1) of The Delhi University Act, 1922, the University has established a pension fund to provide financial security for its retiring employees. Dr. Sharma has been contributing to this pension fund throughout his tenure, and upon retirement, he is entitled to receive a pension calculated based on his years of service and final salary, as prescribed by the University's statutes.

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