Central
Section 33 of The North-Eastern Hill University Act, 1973 in hindi
- (1)The University shall constitute for the benefit of its employees such pension or provident fund or provide such insurance schemes as it may deem fit in such manner and subject to such conditions as may be prescribed by the Statutes.
- (2)Where such provident or pension fund has been so constituted, the Central Government may declare that the provisions of the Provident Funds Act, 1925 (19 of 1925), shall apply to such fund, as if it were a Government provident fund.
Summary
- The University must set up pension or provident funds for the financial benefit of its employees.
- The University can also provide insurance schemes for its staff.
- The specific rules and conditions for these funds are defined in the University Statutes.
- The Central Government has the power to treat these funds like official government provident funds.
- If the government makes this declaration, the Provident Funds Act of 1925 will apply to the University's fund.
Practical examples
1On January 1, 2025, the University created a new provident fund so that teachers like Dr. Tapan could save money for their retirement.
2The Central Government issued a notice on June 20, 2025, stating that the University's pension fund is now protected under the same laws as a government fund.
FAQ
1. What kind of retirement benefits does Section 33 of The North-Eastern Hill University Act, 1973 allow?
It allows the University to create pension funds, provident funds, and insurance schemes for employees under Section 33 of The North-Eastern Hill University Act, 1973.
2. Does the government protect University pension funds under Section 33 of The North-Eastern Hill University Act, 1973?
Yes, the Central Government can apply the Provident Funds Act of 1925 to these funds under Section 33 of The North-Eastern Hill University Act, 1973.
3. Where are the rules for the University provident fund written under Section 33 of The North-Eastern Hill University Act, 1973?
The conditions are prescribed in the University Statutes as noted in Section 33 of The North-Eastern Hill University Act, 1973.
Test yourself
Q1.Under Section 33 of The North-Eastern Hill University Act, 1973, who has the authority to declare the University fund as a "Government provident fund"?
Q2.Under Section 33 of The North-Eastern Hill University Act, 1973, which existing law can be applied to the University's provident fund?