COMPULSORY RETIREMENT DUE TO ADMINISTRATIVE REASONS
The appropriate authority shall. if it is of the
opinion that it is in the interest of the Electricity Board, have the absolute
right to retire any Board employee compulsorily, by giving him notice of not
less than three months in writing or three months pay and allowances in lieu of
such notice, at any time after he has completed 30 years of qualifying service
or he has attained the age of 50 years.
(B.P.No.109, dated 17-5-91 F.R.56(2)).
2. The
retiring age for persons belonging to the basic services, if they are
compulsorily retired on administrative grounds, is 55 years or after completion
of 30 years of qualifying service.
3. Compensation
pension is given to a person who is discharged from service after giving three
months notice, owing to abolition of a permanent post, if he refuses to accept
another appointment on such pay as may be offered and opted for compensation
pension to which he is entitled for the service he has rendered. (Rule 38(1) T.N.Pension Rules).
4. No
compensation is payable for the period in respect of which he receives pay and
allowances in lieu of notice. (Rule
38(2) of T.N.Pension Rules).
5. No service weightage is admissible to employees
who opt for compensation pension when he is compulsorily retired in public
interest.