Section 28 of The Haryana and Punjab Agricultural Universities Act, 1970 in hindi
Provident fund.
Each corresponding University shall constitute gratuity and provident fund for the benefit of its officers, teachers and other employees in such manner, and subject to such conditions, as may be prescribed.
Summary
- The University is legally required to establish a retirement savings system for its staff.
- This system must include both a provident fund and a gratuity benefit.
- All categories of staff, including officers and teachers, are entitled to these benefits.
- The specific rules and conditions for these funds are defined in the University Statutes.
- This ensures that employees have financial support after they finish their service with the University.
Practical examples
FAQ
1. Who is eligible for the provident fund benefits?
Benefits are for the officers, teachers, and other employees of the University.
2. Are the rules for the provident fund the same for every university in India?
Not necessarily, the Act says they are subject to conditions "as may be prescribed" by the specific University's Statutes.
Test yourself
1.According to Section 28 of The Haryana and Punjab Agricultural Universities Act, 1970, what two types of retirement benefits must the University provide?
2.Under Section 28 of The Haryana and Punjab Agricultural Universities Act, 1970, who has the authority to set the conditions for the provident fund?
3.Under Section 28 of The Haryana and Punjab Agricultural Universities Act, 1970, is the establishment of a provident fund optional for the University?
4.Which groups are specifically mentioned as beneficiaries of the funds in Section 28 of The Haryana and Punjab Agricultural Universities Act, 1970?